NATIONAL ASSOCIATION OF REAL ESTATE BROKERS INC

EIN: 366125210 Community Improvement

LANHAM, MD

Total Revenue
$4,306,856
Total Expenses
$5,201,051
Total Assets
$769,159
Net Assets
$287,630
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
MD
Principal Officer
CAROLYN RENEE WILSON
Phone
3015529340
Tax Period
2023-10-01 to 2024-09-30

NATIONAL ASSOCIATION OF REAL ESTATE BROKERS INC, founded in 1947, is a community nonprofit in the Community Improvement sector that reported $4.3M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $5.2M exceeded revenue, resulting in a 21% operating deficit.

Mission

NAREB IS AN ASSOCIATION OF AFRICAN AMERICAN REAL ESTATE PROFESSIONALS THAT PARTICIPATE IN MEANINGFUL LEGAL CHALLENGES AND SUPPORTS LEGESLATIVE INITIATIVES THAT ENSURE THE AVAILABILITY OF FAIR AND AFFORDABLE HOUSING FOR ALL ITSAMERICANS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,453,299
Program Service Revenue $808,360
Investment Income $1,690
Other Revenue $43,507
TOTAL REVENUE $4,306,856

Expense Breakdown

Grants Paid $213,010
Salaries & Benefits $606,291
Fundraising Expenses $50,004
Program Expenses $3,011,890
Other Expenses $4,331,746
TOTAL EXPENSES $5,201,051

Year-over-Year Comparison

2023 2022 Change
Revenue $4,306,856 $3,348,932 +0.3%
Expenses $5,201,051 $3,315,732 +0.6%
Net Income $-894,195 $33,200 -27.9%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
53
Independent Members
52
Employees
12
Volunteers
72

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
16
$150,000
Total Directors
52
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYDIA POPE PRESIDENT 30.00
Officer Director
$0 $0 $0
COURTNEY ROSE PRESIDENTELECT 5.00
Officer Director
$0 $0 $0
ASHLEY THOMAS III 1ST VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
DANNY FELTON 2ND VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
COURTNEY JONES 3RD VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
RASHEEDAH JONES TREASURER 5.00
Officer Director
$0 $0 $0
KATHY MANN ASSISTANT TREASURER 5.00
Officer Director
$0 $0 $0
KATRENIA KIER SECRETARY 5.00
Officer Director
$0 $0 $0
STACEY CARTER ASSISTANT SECRETARY 5.00
Officer Director
$0 $0 $0
TERRELL WALLS SARGENTOFARMS AND REGIONAL VICE PRESIDENT - XI 5.00
Officer Director
$0 $0 $0
JOAN C CHAMBERS CHAPLAIN 5.00
Officer Director
$0 $0 $0
GERALD NEAL GENERAL COUNSEL 5.00
Officer Director
$0 $0 $0
KIMBERLY BARNES-HENSON PAC CHAIR 5.00
Officer Director
$0 $0 $0
MONROE WOOTON PARLIAMENTARIAN 5.00
Officer Director
$0 $0 $0
H BERNIE JACKSON PARLIAMENTARIAN PRO TEM 5.00
Officer Director
$0 $0 $0
BOOKER PICKETT DIRECTOR 1.00
Director
$0 $0 $0
ROBERT HUGHES DIRECTOR 1.00
Director
$0 $0 $0
BERNADETTE GERREN DIRECTOR 1.00
Director
$0 $0 $0
MARCUS BROWN DIRECTOR 1.00
Director
$0 $0 $0
DADREA DAVIE DIRECTOR 1.00
Director
$0 $0 $0
KAREN C JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
WONDA MCGOWAN DIRECTOR 1.00
Director
$0 $0 $0
SHARON MIDDLEBROOKS DIRECTOR 1.00
Director
$0 $0 $0
MURIEL WILLIAMSTHOMPSON DIRECTOR 1.00
Director
$0 $0 $0
LADONNA PARKER DIRECTOR 1.00
Director
$0 $0 $0
ROBERT PASKER DIRECTOR 1.00
Director
$0 $0 $0
SHANTA PATTON-GOLAR DIRECTOR 1.00
Director
$0 $0 $0
SHARON MCLENNON DIRECTOR 1.00
Director
$0 $0 $0
THERITA LAWLER DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM PITRE DIRECTOR 1.00
Director
$0 $0 $0
EDWARD LONDON HISTORIAN 1.00
Director
$0 $0 $0
DERRICK LUCKETT NAREB AFFILIATE PRESIDENT 1.00
Director
$0 $0 $0
JOYCE GIBSON NAREB AFFILIATE PRESIDENT 1.00
Director
$0 $0 $0
KENNETH MORRISON NAREB AFFILIATE PRESIDENT 1.00
Director
$0 $0 $0
LATISHA GRANT NAREB AFFILIATE PRESIDENT 1.00
Director
$0 $0 $0
LJ JENNINGS NAREB AFFILIATE PRESIDENT 1.00
Director
$0 $0 $0
RAY CARLISLE NAREB AFFILIATE PRESIDENT 1.00
Director
$0 $0 $0
ROLANDA WILSON NAREB AFFILIATE PRESIDENT 1.00
Director
$0 $0 $0
ROBBIE WILSON NAREB AFFILIATE PRESIDENT 1.00
Director
$0 $0 $0
TAMESHA WELLS NAREB AFFILIATE PRESIDENT 1.00
Director
$0 $0 $0
TAMMY WILLIS NAREB AFFILIATE PRESIDENT 1.00
Director
$0 $0 $0
WILLIAM COLLINS REGIONAL VICE PRESIDENT - II 1.00
Director
$0 $0 $0
DARLENE MEEKINS REGIONAL VICE PRESIDENT - III 1.00
Director
$0 $0 $0
CHANDRA PATTERSON REGIONAL VICE PRESIDENT - IV 1.00
Director
$0 $0 $0
SIDNEY MARTIN REGIONAL VICE PRESIDENT - IX 1.00
Director
$0 $0 $0
A DENISE FRANKLIN REGIONAL VICE PRESIDENT - V 1.00
Director
$0 $0 $0
CAROLYN JACKSON REGIONAL VICE PRESIDENT - VIII 1.00
Director
$0 $0 $0
ANDREA HILLIARD COOKSEY REGIONAL VICE PRESIDENT - XII 1.00
Director
$0 $0 $0
MONICA HILL REGIONAL VICE PRESIDENT - XV 1.00
Director
$0 $0 $0
RICHARD PHIPPS REGIONAL VICE-PRESIDENT - I 1.00
Director
$0 $0 $0
TRAVIS BOOKS REGIONAL VICE-PRESIDENT - VI 1.00
Director
$0 $0 $0
CHERYL JOHNSON REGIONAL VICE-PRESIDENT - VII 1.00
Director
$0 $0 $0
CAROLYN RENEE WILSON EXECUTIVE DIRECTOR 40.00
Officer
$150,000 $0 $150,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,306,856 $5,201,051 $769,159 $-894,195
2023 $3,348,932 $3,315,732 $1,740,418 $33,200
2022 $3,162,495 $2,629,062 $1,225,900 $533,433
2021 $2,125,958 $1,930,131 $656,340 $195,827
2020 $2,012,998 $1,870,622 $579,097 $142,376
2019 $2,065,378 $2,365,209 $656,759 $-299,831
2018 $2,029,133 $2,005,389 $704,380 $23,744
2017 $1,895,588 $1,643,875 $738,212 $251,713
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