2023-11-15T23:41:31-06:00 2022-12-31 WITHUMSMITHBROWNPC 1800 DIAGONAL RD STE 495 ALEXANDRIA VA 22314 990 2022-01-01 521802714 National Investment Center for Seniors Housing & Care Inc % RAY BRAUN NATI 4102670504 One Park Place Suite 450 Annapolis MD 21401 RAY BRAUN CEO & PRESIDENT 4102670504 2023-11-15 true RAY BRAUN 999009999 RICHARD L RUVELSON P00234075 7036840600 2023-11-15 2022 2023-04-26 12:10:37Z RAY BRAUN One Park Place 450 Annapolis MD 21401 63095686 false X www.nic.org X 1992 MD TO ENABLE THE ACCESS AND CHOICE OF AMERICA'S SENIORS IN THEIR HOUSING AND CARE BY PROVIDING DATA, ANALYTICS AND CONNECTIONS THAT BRINGS TOGETHER INVESTORS AND PROVIDERS 20 18 35 120 0 0 2514436 0 16840812 18479435 219 44615342 114 909 19355581 63095686 74850 72250 0 0 9989138 10225574 0 0 0 15511109 13191981 25575097 23489805 -6219516 39605881 55654799 48917133 11051761 8118774 44603038 40798359 TO ENABLE THE ACCESS AND CHOICE OF AMERICA'S SENIORS IN THEIR HOUSING AND CARE BY PROVIDING DATA, ANALYTICS AND CONNECTIONS THAT BRING TOGETHER INVESTORS AND PROVIDERS IN THE SECTOR. false false 10082919 12752879 CONFERENCES AND EDUCATIONAL ACTIVITIES: Conferences and educational events are held to exchange information related to the organization's exempt purpose. The conferences and educational events advance NIC's charitable and educational mission to promote availability and quality of housing and care for America's elders by providing a forum for the exchange of data and analytics which compress the cost of capital for seniors housing and care organizations, promote education on the critical role of operations and operators in the quality and success of seniors housing and care, and provide a forum for the development of leaders in seniors housing and care. 3157849 454078 RESEARCH SERVICES: Revenue received from support of research projects, research studies, and sponsorships of research publications. NIC's research advances NIC's charitable and educational mission by increasing transparency, enabling access and choice for America's elders, encouraging leadership development, and fostering innovation in seniors housing and care. 8703263 5272478 NIC MAP VISION SUBSRIPTION SERVICE: REVENUE FROM SUBSCRIPTION TO NI: MAP VISION, WHICH PROVIDES TIME SERIES DATA ON OPERATIONAL AND FINANCIAL PERFORMANCE OF SENIOR HOUSING & CARE PROPERTIES AND INFORMATION ON POPULATIONS BY GEOGRAPHY. NIC MAP VISION ADVANCES NIC'S CHARITABLE AND EDUCATIONAL MISSION TO MAKE SENIORS HOUSING AND CARE SETTINGS AND SERVICES AVAILABLE TO A GREATER PERCENTAGE OF AMERICA'S ELDERS BY PROVIDING INCREASED TRANSPARENCY FROM RELIABLE DATA AND ANALYTICS WHICH SERVE TO INCREASE THE AVAILABILITY OF CAPITAL AND TO COMPRESS THE COST OF CAPITAL FOR SENIORS HOUSING AND CARE ORGANIZATIONS. 21944031 true false false false false false false false false true true false true true true false true false false false false false false false false false true false true false false false false false false false false false false false false true true false false false true 30 0 true 35 true false false false false false false false false false false false X 20 18 false false false false false false false true true false false true true true true true true true true true true X RAY BRAUN 4102670504 ONE PARK PLACE SUITE 450 ANNAPOLIS MD 21401 Brian Jurutka President & CEO thru 10/7/2022 50.0 0.0 X X 563035 0 40830 Charles Harry Chief Operating Officer 50.0 0.0 X 419475 0 36157 Elizabeth Mace Chief Economist 50.0 0.0 X 398321 0 24011 Robert Kramer Founder and Advisor 20.0 0.0 X 355308 0 53954 Priscilla Hammett Sr Director, Finance & Admin 50.0 0.0 X 210113 0 39493 Laurie Tomko Sr Director, Corp Comm & Mktg 50.0 0.0 X 179898 0 45195 William Kauffman Sr. Principal Research 40.0 0.0 X 167638 0 45533 Leigh Anna Geraghty Manager, Marketing & Sales Tec 40.0 0.0 X 140159 0 45567 Thomas Ryan Brooks Sr. Principal Research 40.0 0.0 X 133485 0 50216 Jill Gately Director, Event Logistics 50.0 0.0 X 138018 0 24830 Staci Goff Sr Relationship Dev Mgr 40.0 0.0 X 134083 0 10525 Omar Zahraoui Principal 40.0 0.0 X 114916 0 18334 Ray Braun President and CEO 60.0 0.0 X X 90242 0 4952 Kurt Read Board chair 2.0 0.0 X X 0 0 0 Susan Barlow Board Vice Chair 2.0 0.0 X X 0 0 0 Imran Javaid Board Treasurer 2.0 0.0 X X 0 0 0 Kenneth Segarnick Assistant Treasurer 0.4 0.0 X X 0 0 0 John Rijos Board secretary 1.0 0.0 X X 0 0 0 Kelsey Mellard Board Assistant Secretary 1.0 0.0 X X 0 0 0 Lucida Baier Board Member 0.4 0.0 X 0 0 0 Jack Callison Board Member 0.4 0.0 X 0 0 0 Robert Chapin Board Member 0.4 0.0 X 0 0 0 Kai Hsiao Board Member 0.4 0.0 X 0 0 0 Justin Hutchens Board Member 0.4 0.0 X 0 0 0 Steven Insoft Board Member 0.4 0.0 X 0 0 0 Lynne Katzmann Board Member 0.4 0.0 X 0 0 0 Mercedes Kerr Board Member 0.4 0.0 X 0 0 0 Matthew Ruark Board Member 0.4 0.0 X 0 0 0 Steven Schmidt Board Member 0.4 0.0 X 0 0 0 Fee Stubblefield Board Member 0.4 0.0 X 0 0 0 Christopher Taylor Board Member 0.4 0.0 X 0 0 0 3044691 0 439597 12 false true false Marriott Marquis Houston 901 Massachusetts Ave NW WASHINGTON DC 20001 Fall Conference 1560608 CenterCircle Creative LLC 1709 York Drive SE GRAND RAPIDS MI 49506 Professional Service 1231351 Omni Dallas Hotel 555 S Lamar St DALLAS TX 75202 Spring Conference 965188 CSI Washington DC 6400 Arlington Blvd Ste 710 FALLS CHURCH VA 22042 event planner 904329 South Caroline AV Inc PO Box 24707 COLUMBIA SC 29224 AV Fees 501013 17 0 Conferences and Events 541519 12752879 12752879 MAP Income 541519 5272478 5272478 Research Income 541519 454078 454078 18479435 90268 90268 0 0 0 0 0 44525074 44525074 44525074 44525074 0 0 0 0 0 0 0 0 0 other refunds 900099 909 909 909 63095686 18480344 44615342 72250 72250 0 0 0 2656567 2115993 540574 0 6290276 5946596 343680 118683 104803 13880 566021 523384 42637 594027 536903 57124 0 143160 133650 9510 36125 33725 2400 0 0 0 1825342 1704086 121256 826133 826133 964225 927372 36853 897340 889392 7948 0 363664 302325 61339 456792 436184 20608 0 5342619 5311458 31161 266070 254270 11800 0 1598446 1522297 76149 142869 73738 69131 Dues and Subscriptions 125440 120628 4812 Bad Debt Expense 26331 26331 Taxes and Licenses 12384 12384 MISCELLANEOUS 15 15 165026 82513 82513 23489805 21944031 1545774 0 X 6351371 2936968 0 0 0 0 2227322 279596 0 0 0 0 0 0 0 0 258288 60671 2483815 1622638 9229901 861177 0 0 2136036 42056225 0 0 34851501 0 600380 2722496 55654799 48917133 1262162 1145964 0 0 5424751 3610735 0 0 0 0 0 0 3196401 0 0 0 1168447 3362075 11051761 8118774 X 44603038 40798359 0 0 44603038 40798359 55654799 48917133 X 39605881 26707 -43437267 X false false X 0 30000 0 2514436 0 2544436 18388294 19706528 12451203 83799824 18479435 152825284 0 0 0 18388294 19736528 12451203 86314260 18479435 155369720 50000 50000 0 50000 50000 155319720 88004 141826 34233 219 90268 354550 0 88004 141826 34233 219 90268 354550 0 0 0 0 114 909 1023 18476298 19878354 12485436 86314593 18570612 155725293 0.99740 0.99580 0.00228 0.00360 X 0 1036558 235151 801407 0 416460 211837 204623 0 1030797 1175650 -144853 861177 INVESTMENT 42056225 42056225 RIGHT OF USE OF ASSETS 2359368 DEPOSITS 363128 2722496 0 Deferred Compensation Payable 262424 CAPITAL LEASE 3099651 3362075 X part X, line 2: THE ORGANIZATION IS A NON-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CONTRIBUTIONS TO THE ORGANIZATION QUALIFY FOR A CHARITABLE CONTRIBUTION DEDUCTION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE ORGANIZATION HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. FASB ASC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION'S MANAGEMENT HAS EVALUATED THE IMPACT OF THIS GUIDANCE TO ITS FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. false Alzheimers Assocation 8180 Greensboro Dr McLean VA 22103 133039601 501(c)(3) 13000 Charitable Donation and sponsorship Vision Centre 923 Hastings Way 124 Eau Claire WI 54701 881187241 501(C)(3) 10000 Endorsing Organization Commitment Real Estate Research Institute 100 Pearl St Hartfold CT 06103 133415691 501(C)(3) 7500 Research sponsorship Age Friendly Foundation 204 2nd Ave Waltham MA 02451 833954823 501(C)(3) 7500 Conference Sponsor 4 0 X X X X X X false false false true false false false false false Brian Jurutka President & CEO thru 10/7/2022 315197 0 200000 0 47838 0 9150 0 31680 0 603865 0 0 0 Charles Harry Chief Operating Officer 283829 0 135000 0 646 0 21350 0 14807 0 455632 0 0 0 Elizabeth Mace Chief Economist 262309 0 135000 0 1012 0 21350 0 2661 0 422332 0 0 0 Robert Kramer Founder and Advisor 353822 0 0 0 1486 0 21350 0 32604 0 409262 0 0 0 Priscilla Hammett Sr Director, Finance & Admin 176400 0 33067 0 646 0 15046 0 24447 0 249606 0 0 0 Laurie Tomko Sr Director, Corp Comm & Mktg 149510 0 30000 0 388 0 13219 0 31976 0 225093 0 0 0 William Kauffman Sr. Principal Research 138891 0 28437 0 310 0 12275 0 33258 0 213171 0 0 0 Leigh Anna Geraghty Manager, Marketing & Sales Tec 127587 0 12039 0 533 0 10587 0 34980 0 185726 0 0 0 Thomas Ryan Brooks Sr. Principal Research 117431 0 15750 0 304 0 10290 0 39926 0 183701 0 0 0 Jill Gately Director, Event Logistics 137347 0 331 0 340 0 12114 0 12716 0 162848 0 0 0 PART I, LINE 5: SOME EMPLOYEES ARE PAID COMMISSIONS BASED ON SALES IN ADDITION TO SALARY BASE. FORM 990, PART I, LINE 1: IN THE SECTOR. FORM 990, PART VI, SECTION B, LINE 11B: THE AUDIT COMMITTEE AND EXECUTIVE COMMITTEE OF THE BOARD REVIEWS FORM 990 PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C: DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST TO NIC'S BOARD OR A COMMITTEE THEREOF. NIC'S CONFLICT OF INTEREST POLICY AND AN ANNUAL STATEMENT AFFIRMING RECEIPT OF THE POLICY AND THE INDIVIDUAL'S AGREEMENT TO COMPLY ARE SENT TO THE DIRECTORS AND OFFICERS FOR COMPLETION UPON BEING ELECTED OR APPOINTED AS A DIRECTOR OR OFFICER, AND ANNUALLY THEREAFTER. ALL CONFLICT OF INTEREST DISCLOSURES ARE REVIEWED BY NIC'S EXECUTIVE COMMITTEE. THOSE INDIVIDUALS DETERMINED TO HAVE AN ACTUAL CONFLICT OF INTEREST WITH RESPECT TO A PARTICULAR TRANSACTION OR DECISION ARE REQUIRED TO RECUSE THEMSELVES FROM DISCUSSION AND VOTING ON SUCH TRANSACTION OR DECISION. PARTICULAR TRANSACTION OR DECISION ARE REQUIRED TO RECUSE THEMSELVES FROM DISCUSSION AND VOTING ON SUCH TRANSACTION OR DECISION. FORM 990, PART VI, SECTION B, LINE 15: THERE IS A COMPENSATION COMMITTEE OF THE BOARD THAT REVIEWS AND RECOMMENDS SALARIES & BENEFITS ON AN ANNUAL BASIS FOR THE CEO, PRESIDENT & OTHER KEY EMPLOYEES OF THE ORGANIZATION IN DETERMINING SUCH COMPENSATION. THE COMMITTEE RETAINS THE SERVICES OF AN INDEPENDENT COMPENSATION CONSULTANT. THIS CONSULTANT CONDUCTS A COMPENSATION STUDY ON A FREQUENCY NOT GREATER THAN EVERY 5 YEARS WHICH INCLUDED SALARIES AND BENEFITS FOR SIMILAR POSITIONS WITH OTHER NON-PROFIT ORGANIZATIONS BASED ON REVIEW OF THEIR FORM 990S AND OTHER RESEARCH. THE COMPENSATION COMMITTEE WORKED WITH THE ORGANIZATION'S OUTSIDE ATTORNEY TO DEVELOP A WRITTEN EMPLOYMENT CONTRACT FOR THE PRESIDENT AND CEO. THESE CONTRACTS WERE APPROVED BY THE COMPENSATION COMMITTEE AND EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19: GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS FROM PRIOR YEARS. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: NIC MAP VISION 57% INVESTMENT: Adjustment for Lease: -$52,820 Deconsolidation Of Joint Venture: -$43,384,447 Total on Line 9: -$43,437,267 NIC Holdco LLC One Park Place Annapolis MD 21401 861657902 Investment VA -2630830 2077100 NIC NIC MAP Vision LLC 5430 Wade Park Blvd 400 Raleigh NC 27607 861706626 IT Service NC 5616331 48263402 false 0 false 0.57000 false false false false false false false false false false false false false false false false false false false FORM 990, SCHEDULE R, PART I AND II: NIC HOLDCO LLC OWNS 57% OF NIC MAP VISION.