2022-11-14T11:00:31-06:00 2021-12-31 540737372 PBMARES LLP 500 E PRATT STREET SUITE 525 BALTIMORE MD 21202 990 2021-01-01 521802714 NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC NATI 4102670504 ONE PARK PLACE 450 ANNAPOLIS MD 21401 RAY BRAUN CEO AND PRESIDENT 4102670504 2022-11-11 1 RAY BRAUN 999009999 JENNIFER N FRENCH CPA P00659678 4106596200 2022-11-11 X 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z RAY BRAUN ONE PARK PLACE 450 ANNAPOLIS MD 21401 19355581 0 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 BRING TOGETHER INVESTORS AND PROVIDERS IN THE SECTOR. 20 18 63 140 0 0 0 2514436 12451206 16840812 34233 219 311 114 12485750 19355581 77854 74850 0 0 6125117 9989138 0 0 0 8638503 15511109 14841474 25575097 -2355724 -6219516 9247906 55654799 6275330 11051761 2972576 44603038 X 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. 0 1 14249588 9006835 NIC MAP VISION SUBSRIPTION SERVICE - REVENUE FROM SUBSCRIPTION TO NIC MAP VISION, WHICH PROVIDES TIME SERIES DATA ON OPERATIONAL AND FINANCIAL PERFORMANCE OF SENIORS HOUSING AND 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. 7161878 7648948 NATIONAL CONFERENCE AND EDUCATIONAL EVENTS - 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. 2602599 74850 185143 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. DURING 2021, NIC FUNDED AN ANALYSIS BY NORC AT THE UNIVERSITY OF CHICAGO (NORC) FUNDED BY NIC WHICH IDENTIFIED THAT 51% OF U.S. SENIOR LIVING FACILITIES EXPERIENCED NO COVID-19 DEATHS. 24014065 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 34 0 1 63 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X RAY BRAUN 4102670504 ONE PARK PLACE SUITE 450 ANNAPOLIS MD 21401 LUCINDA BAIER BOARD MEMBER 0.40 X 0 0 0 SUSAN BARLOW BOARD VICE CHAIR 2.00 X X 0 0 0 JACK CALLISON BOARD MEMBER 0.40 X 0 0 0 ROBERT CHAPIN BOARD MEMBER 0.40 X 0 0 0 TIM FOX BOARD ASSISTANT TREASURER 0.40 X X 0 0 0 KAI HSIAO BOARD MEMBER 0.40 X 0 0 0 JUSTIN HUTCHENS BOARD MEMBER 0.40 X 0 0 0 STEVEN INSOFT BOARD MEMBER 0.40 X 0 0 0 IMRAN JAVAID BOARD TREASURER 2.00 X X 0 0 0 BRIAN JURUTKA PRESIDENT AND CEO 50.00 X X 338976 0 39812 LYNNE KATZMANN BOARD MEMBER 0.40 X 0 0 0 MERCEDES KERR BOARD MEMBER 0.40 X 0 0 0 ROBERT KRAMER FOUNDER AND ADVISOR 20.00 X 292609 0 37709 KELSEY MELLARD BOARD ASSISTANT SECRETARY 1.00 X X 0 0 0 KURT READ BOARD CHAIR 2.00 X X 0 0 0 JOHN RIJOS BOARD SECRETARY 1.00 X X 0 0 0 MATTHEW RUARK BOARD MEMBER 0.40 X 0 0 0 STEVEN SCHMIDT BOARD MEMBER 0.40 X 0 0 0 KENNETH SEGARNICK EX-OFFICIO, OAB REPRESENTATIVE 0.40 X 0 0 0 CHRIS TAYLOR BOARD MEMBER 0.40 X 0 0 0 CHARLES HARRY CHIEF OPERATING OFFICER 50.00 X 270498 0 21964 PRISCILLA HAMMETT SR DIRECTOR, FINANCE & ADMIN 50.00 X 160468 0 26398 ELIZABETH MACE CHIEF ECONOMIST 50.00 X 262699 0 10445 LAURIE TOMKO SR DIRECTOR, CORP COMM & MKTG 50.00 X 141153 0 33451 LEIGH ANNA GERAGHTY MANAGER, MARKETING & SALES TECHNOLOGY 40.00 X 123347 0 35391 WILLIAM KAUFFMAN SR. PRINCIPAL RESEARCH 40.00 X 132445 0 33236 JILL BLIMLINE DIRECTOR EVENTS OPERATIONS 50.00 X 131328 0 13860 LANA PECK SR. PRINCIPAL RESEARCH 40.00 X 119229 0 34439 1972752 0 286705 11 0 1 0 MARRIOTT MARQUIS HOUSTON 1777 WALKER ST HOUSTON TX 77010 FALL CONFERENCE 1391180 NIXON PEABODY 53 STATE ST BOSTON MA 02109 LEGAL SERVICES 551406 ASCENTO CAPITAL 745 FIFTH AVE STE 500 NEW YORK NY 10151 PROFESSIONAL SERVICES 510000 CIGNA HEALTH DEPT 59 DENVER CO 80291 HEALTH INSURANCE 491410 CSI WASHINGTON DC 6402 ARLINGTON BLVD STE 400 FALLS CHURCH VA 22042 EVENT PLANNERS 368017 19 2292466 221970 2514436 MAP INCOME 541519 9006835 9006835 CONFERENCES AND EVENTS 541519 7648834 7648834 RESEARCH INCOME 541519 185143 185143 16840812 219 219 OTHER REFUNDS 541519 114 114 114 19355581 16840926 0 219 X 74850 74850 1433253 1106968 326285 7125598 6736279 389319 110988 98008 12980 739389 683693 55696 579910 524144 55766 581527 558071 23456 91022 5000 86022 2750961 2568217 182744 688700 688700 701666 675789 25877 2234238 2214448 19790 369973 307570 62403 186219 177818 8401 2882818 2866004 16814 388740 371500 17240 4374604 4166200 208404 73649 38012 35637 DUES AND SUBSCRIPTIONS 107158 103047 4111 BAD DEBT EXPENSE 49747 49747 TAXES AND LICENSES 30087 30087 25575097 24014065 1561032 0 3269392 6351371 273916 2227322 208821 258288 10725195 1495294 1234470 9229901 2080693 2136036 34851501 2180614 600380 9247906 55654799 635087 1262162 519830 5424751 3196401 5120413 1168447 6275330 11051761 X 2972576 44603038 2972576 44603038 9247906 55654799 X -6219516 2849978 45000000 X X 1 X 0 1 0 X 30000 2514436 2544436 16412984 18388294 19706528 12451206 16840812 83799824 16412984 18388294 19736528 12451206 19355248 86344260 50000 50000 0 50000 50000 86294260 50993 88004 141826 34233 219 315275 50993 88004 141826 34233 219 315275 114 114 16463977 18476298 19878354 12485439 19355581 86659649 0.99580 0.99570 0.00360 0.00430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1036558 216696 819862 1342849 195212 1147637 8345788 1083386 7262402 9229901 DEFERRED COMPENSATION PAYABLE 298272 DEFERRED RENT LIABILITY 870175 1168447 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, 2021 AND 2020. 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. THE ORGANIZATION'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES, IN INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY. 0 THE MILKEN INSTITUTE 1250 FOURTH ST SANTA MONICA CA 90401 954240775 501(C)(3) 50000 0 SCHOLARSHIP FUND REAL ESTATE RESEARCH INSTITUTE 100 PEARL ST HARTFORD CT 06103 133415691 501(C)(3) 6000 0 RESEARCH SPONSORSHIP 2 X X X X X X 0 0 0 1 0 0 0 0 0 BRIAN JURUTKA PRESIDENT AND CEO 338976 0 0 0 0 0 8700 0 31112 0 378788 0 0 0 ROBERT KRAMER FOUNDER AND ADVISOR 292609 0 0 0 0 0 8700 0 29009 0 330318 0 0 0 CHARLES HARRY CHIEF OPERATING OFFICER 270498 0 0 0 0 0 8250 0 13714 0 292462 0 0 0 ELIZABETH MACE CHIEF ECONOMIST 262699 0 0 0 0 0 7875 0 2570 0 273144 0 0 0 PRISCILLA HAMMETT SR DIRECTOR, FINANCE & ADMIN 160468 0 0 0 0 0 4960 0 21438 0 186866 0 0 0 LAURIE TOMKO SR DIRECTOR, CORP COMM & MKTG 141153 0 0 0 0 0 4500 0 28951 0 174604 0 0 0 WILLIAM KAUFFMAN SR. PRINCIPAL RESEARCH 132445 0 0 0 0 0 4198 0 29038 0 165681 0 0 0 LEIGH ANNA GERAGHTY MANAGER, MARKETING & SALES TECHNOLOG 123347 0 0 0 0 0 4017 0 31374 0 158738 0 0 0 LANA PECK SR. PRINCIPAL RESEARCH 119229 0 0 0 0 0 3893 0 30546 0 153668 0 0 0 PART I, LINE 5 SOME EMPLOYEES ARE PAID COMMISSIONS BASED ON SALES IN ADDITION TO SALARY BASE. FORM 990, PART III, LINE 3 THE NIC MAP SUBSCRIPTION SERVICE HAS BEEN MOVED TO NIC MAP VISION, LLC, OF WHICH NIC OWNS 57% AND WHICH IS CONSOLIDATED IN THIS RETURN. 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. 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 IX, LINE 11G CONTRACTOR FEES: PROGRAM SERVICE EXPENSES 203,643. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 203,643. DATA COLLECTION FEES: PROGRAM SERVICE EXPENSES 244,590. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 244,590. EVENT SUPPORT: PROGRAM SERVICE EXPENSES 350,152. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 350,152. OTHER SUPPORT SERVICES: PROGRAM SERVICE EXPENSES 603,579. MANAGEMENT AND GENERAL EXPENSES 67,772. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 671,351. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 53,180. MANAGEMENT AND GENERAL EXPENSES 17,936. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 71,116. SPEAKER FEES: PROGRAM SERVICE EXPENSES 215,302. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 215,302. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 25,421. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,421. RECRUITING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 18,074. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,074. HR SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 78,962. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,962. FEES FROM NIC MAP TRANSACTION: PROGRAM SERVICE EXPENSES 869,350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 869,350. MARKETING SERVICES: PROGRAM SERVICE EXPENSES 3,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,000. FORM 990, PART XI, LINE 9: NIC MAP VISION 57% INVESTMENT 25,650,000. NIC MAP VISION 43% INVESTMENT FOR MINORITY OWNER 19,350,000. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS FROM PRIOR YEARS. FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSES THE ORGANIZATION RECEIVED EMPLOYEE RETENTION CREDIT. OFFICER COMPENSATION AND OTHER SALARIES AND WAGES HAVE BEEN REDUCED BY THE AMOUNT OF THE CREDIT. FORM 990, PART X, BALANCE SHEET, LINE 27 THE ORGANIZATION OWNS 57% OF NIC MAP VISION AND THEREFORE THE FINANCIAL STATEMENTS ARE REPORTED ON A CONSOLIDATED BASIS. THE NON-CONTROLLING OWNERSHIP INTEREST OF THE OTHER INVESTOR IS $29,571,876 AND IS INCLUDED IN NET ASSETS WITHOUT DONOR RESTRICTIONS. NIC HOLDCO LLC ONE PARK PLACE ANNAPOLIS MD 21401 861657902 INVESTMENT VA -2461738 29571876 NIC NIC MAP VISION LLC 5430 WADE PARK BLVD 400 RALEIGH NC 27607 861706626 DATA FOR SENIORS HOUSING AND CARE SECTOR NC -2461738 29571876 0 0 0.57000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FORM 990, SCHEDULE R, PART I AND II NIC HOLDCO LLC OWNS 57% OF NIC MAP VISION