NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS (NAREIT) Charity Report

Public IRS 990 nonprofit record

NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS (NAREIT)

EIN 27-3586050 · Chambers of Commerce & Business Leagues (S41)

What they do

THE NATIONAL ASSOCIATION of REAL ESTATE INVESTMENT TRUSTS (NAREIT) is THE TRADE ASSOCIATION for REITS and PUBLICLY TRADED REAL ESTATE COMPANIES WITH AN INTEREST IN THE U.S. NAREITS PURPOSE is to FURTHER THE INTERESTS of ITS MEMBERS WHICH INCLUDE REITS and OTHER BUSINESSES THAT OWN, OPERATE, and FINANCE INCOME-PRODUCING REAL ESTATE.

Before you give

Should I give to this charity?

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Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$95.88spent for every $100 of revenueRevenue covered expenses this year.

$1.57in assets for every $1 spent this yearSome assets cannot be spent right away.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $2,974,698 for STEVEN WECHSLER (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$36,412,345

Expenses$34,913,014

Annual surplus $1,499,331 Revenue was higher than expenses for this filing year.

See all reported dollar amounts

Revenue$36,412,345

Expenses$34,913,014

Assets$54,916,140

Income$47,206,282

Grants given$1,741,500

Average grant$248,786

Stocks and bonds$43,708,113

Accounting fees$78,151

Investing fees$120,767

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

STEVEN WECHSLERPRESIDENT & CEO · 40 hrs/week $2,974,698Base $2,902,886 · Other $71,812

CATHERINE BARREEVP, POLICY & PUBLIC AFFAIRS & GC · 39 hrs/week $970,780Base $882,405 · Other $88,375

JOHN WORTHEVP, RESEARCH & INVESTOR OUTREACH · 40 hrs/week $777,961Base $691,053 · Other $86,908

ROBERT DIBBLEESVP, GOVERNMENT RELATIONS · 37 hrs/week $672,662Base $600,388 · Other $72,274

KURT WALTENSVP, INVESTMENT AFFAIRS · 40 hrs/week $592,919Base $522,439 · Other $70,480

CHRISTOPHER DRULASVP, FINANCIAL STANDARDS · 40 hrs/week $592,490Base $514,067 · Other $78,423

JOHN JONESSVP, GOVERNMENT RELATIONS · 36 hrs/week $577,236Base $527,874 · Other $49,362

VICTORIA ROSTOWSVP, REG. AFFAIRS & DEPUTY GC · 40 hrs/week $577,055Base $526,139 · Other $50,916

MATTHEW BECHARDEVP, COMMS. & INDUSTRY AFFAIRS · 40 hrs/week $571,608Base $488,661 · Other $82,947

ROBERTO DIAZEVP, FINANCE & FISCAL MANAGEMENT · 39 hrs/week $523,277Base $454,826 · Other $68,451

VICTOR DRISTASEVP, OPERATIONS · 40 hrs/week $509,959Base $429,083 · Other $80,876

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

STEVEN WECHSLERPRESIDENT & CEO

CATHERINE BARREEVP, POLICY & PUBLIC AFFAIRS & GC

JOHN WORTHEVP, RESEARCH & INVESTOR OUTREACH

ROBERT DIBBLEESVP, GOVERNMENT RELATIONS

KURT WALTENSVP, INVESTMENT AFFAIRS

CHRISTOPHER DRULASVP, FINANCIAL STANDARDS

JOHN JONESSVP, GOVERNMENT RELATIONS

VICTORIA ROSTOWSVP, REG. AFFAIRS & DEPUTY GC

MATTHEW BECHARDEVP, COMMS. & INDUSTRY AFFAIRS

ROBERTO DIAZEVP, FINANCE & FISCAL MANAGEMENT

VICTOR DRISTASEVP, OPERATIONS

STEVEN VONDRANEXECUTIVE BOARD MEMBER

PETER E BACCILEEXECUTIVE BOARD MEMBER

SCOTT M BRINKEREXECUTIVE BOARD MEMBER

LISA PALMEREXECUTIVE BOARD MEMBER

SUMIT ROYCHAIR

THEODORE J KLINCKEXECUTIVE BOARD MEMBER

W MATTHEW KELLYEXECUTIVE BOARD MEMBER

MARSHALL A LOEBEXECUTIVE BOARD MEMBER

MARK J PARRELLFIRST VICE CHAIR

ANDREW P POWEREXECUTIVE BOARD MEMBER

LESLIE D HALESECOND VICE CHAIR

JOSEPH D RUSSELL JREXECUTIVE BOARD MEMBER

JAMES M TAYLOR JREXECUTIVE BOARD MEMBER

H ERIC BOLTON JREXECUTIVE BOARD MEMBER

EDWARD B PITONIAKEXECUTIVE BOARD MEMBER

DANIEL S LETTEREXECUTIVE BOARD MEMBER

CONOR C FLYNNEXECUTIVE BOARD MEMBER

BENJAMIN W SCHALLTREASURER

ANGELA M AMANEXECUTIVE BOARD MEMBER

About this charity

Recognized since: January 2010
Location: 1875 I ST NW STE 500, WASHINGTON, DC 20006-5425
County: District of Columbia
In care of: % TONY EDWARDS
Primary officer: STEVEN WECHSLER, EVP, FINANCE & FISCAL MGMT

How to reach them

WebsiteVisit the charity’s website Phone(202) 739-9400

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues
Grant-giving organization: Yes