NATIONAL ASSOCIATION OF REAL ESTATE BROKERS INC Charity Report

Public IRS 990 nonprofit record

NATIONAL ASSOCIATION OF REAL ESTATE BROKERS INC

EIN 36-6125210 · Chambers of Commerce & Business Leagues (S41)

What they do

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

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $57.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 2023The report may be old. Ask for a newer one.

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

They name their leaders54 people are listed in the latest report.

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

Money made simple

69.93%of revenue went to mission work57.9% of expenses · Program services

1.16%of revenue went to fundraising1.0% of expenses

$114.16spent for every $100 of revenueSpending was higher than revenue this year.

49.67%of revenue went to management and office costs41.1% of expenses

$0.15in assets for every $1 spent this yearSome assets cannot be spent right away.

75.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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.

Worth asking: Expenses exceeded revenue by $645,051 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $150,000 for CAROLYN RENEE WILSON (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

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.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,306,856

Mission workProgram services$3,011,89069.93% of revenue57.9% of expenses

ManagementOffice and general costs$2,139,15749.67% of revenue41.1% of expenses

FundraisingAsking for donations$50,0041.16% of revenue1.0% of expenses

Total expenses$5,201,051120.76% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 57.9% mission · 41.1% management · 1.0% fundraisingTotal expenses: 120.76% of revenue

2022Expense mix: 59.2% mission · 40.8% management · 0.0% fundraisingTotal expenses: 99.01% of revenue

2021Expense mix: 69.3% mission · 26.9% management · 0.0% fundraisingTotal expenses: 83.13% of revenue

2020Expense mix: 59.2% mission · 40.8% management · 0.0% fundraisingTotal expenses: 90.79% of revenue

2019Expense mix: 53.3% mission · 46.7% management · 0.0% fundraisingTotal expenses: 92.93% of revenue

2018Expense mix: 75.4% mission · 24.6% management · 0.0% fundraisingTotal expenses: 114.52% of revenue

2017Expense mix: 55.4% mission · 44.6% management · 0.0% fundraisingTotal expenses: 98.83% of revenue

2016Expense mix: 56.9% mission · 43.1% management · 0.0% fundraisingTotal expenses: 86.72% of revenue

Money in and money out

Revenue$4,556,000

Expenses$5,201,051

Annual shortfall $645,051 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,011,890 · 57.9% of expenses

Management and office costs$2,139,157 · 41.1% of expenses

Fundraising$50,004 · 1.0% of expenses

See all reported dollar amounts

Revenue$4,556,000

Expenses$5,201,051

Assets$761,362

Income$4,556,000

Contributions$3,453,299

Mission work (program services)$3,011,890

Fundraising$50,004

Grants given$256,958

Average grant$11,680

Management and general$2,139,157

Stocks and bonds$52,441

Accounting fees$29,215

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

CAROLYN RENEE WILSONEXECUTIVE DIRECTOR · 40 hrs/week $150,000

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 (54)

CAROLYN RENEE WILSONEXECUTIVE DIRECTOR

SHANTA PATTON-GOLARDIRECTOR

LJ JENNINGSNAREB AFFILIATE PRESIDENT

LYDIA POPEPRESIDENT

MARCUS BROWNDIRECTOR

MONICA HILLREGIONAL VICE PRESIDENT - XV

MONROE WOOTONPARLIAMENTARIAN

MURIEL WILLIAMSTHOMPSONDIRECTOR

RASHEEDAH JONESTREASURER

RAY CARLISLENAREB AFFILIATE PRESIDENT

RICHARD PHIPPSREGIONAL VICE-PRESIDENT - I

ROBBIE WILSONNAREB AFFILIATE PRESIDENT

ROBERT HUGHESDIRECTOR

ROBERT PASKERDIRECTOR

ROLANDA WILSONNAREB AFFILIATE PRESIDENT

LATISHA GRANTNAREB AFFILIATE PRESIDENT

SHARON MCLENNONDIRECTOR

SHARON MIDDLEBROOKSDIRECTOR

SIDNEY MARTINREGIONAL VICE PRESIDENT - IX

STACEY CARTERASSISTANT SECRETARY

TAMESHA WELLSNAREB AFFILIATE PRESIDENT

TAMMY WILLISNAREB AFFILIATE PRESIDENT

TERRELL WALLSSARGENTOFARMS AND REGIONAL VICE PRESIDENT - XI

THERITA LAWLERDIRECTOR

TRAVIS BOOKSREGIONAL VICE-PRESIDENT - VI

WILLIAM COLLINSREGIONAL VICE PRESIDENT - II

WILLIAM PITREDIRECTOR

WONDA MCGOWANDIRECTOR

DARLENE MEEKINSREGIONAL VICE PRESIDENT - III

ANDREA HILLIARD COOKSEYREGIONAL VICE PRESIDENT - XII

ASHLEY THOMAS III1ST VICE PRESIDENT

BERNADETTE GERRENDIRECTOR

BOOKER PICKETTDIRECTOR

CAROLYN JACKSONREGIONAL VICE PRESIDENT - VIII

CHANDRA PATTERSONREGIONAL VICE PRESIDENT - IV

CHERYL JOHNSONREGIONAL VICE-PRESIDENT - VII

COURTNEY JONES3

COURTNEY JONES3RD VICE PRESIDENT

COURTNEY ROSEPRESIDENTELECT

DADREA DAVIEDIRECTOR

DANNY FELTON2ND VICE PRESIDENT

A DENISE FRANKLINREGIONAL VICE PRESIDENT - V

DERRICK LUCKETTNAREB AFFILIATE PRESIDENT

EDWARD LONDONHISTORIAN

GERALD NEALGENERAL COUNSEL

H BERNIE JACKSONPARLIAMENTARIAN PRO TEM

JOAN C CHAMBERSCHAPLAIN

JOYCE GIBSONNAREB AFFILIATE PRESIDENT

KAREN C JOHNSONDIRECTOR

KATHY MANNASSISTANT TREASURER

KATRENIA KIERSECRETARY

KENNETH MORRISONNAREB AFFILIATE PRESIDENT

KIMBERLY BARNES-HENSONPAC CHAIR

LADONNA PARKERDIRECTOR

About this charity

Recognized since: January 2013
Location: 9831 GREENBELT RD STE 309, LANHAM, MD 20706-6253
County: Prince George's
In care of: CAROLYN RENEE WILSON
Primary officer: CAROLYN RENEE WILSON, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailnareb@nareb.com Phone(301) 552-9340

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: SB & COMPANY LLC
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues
Grant-giving organization: Yes