Naiop Inc
- Assets
- $24.1m
- Revenue
- $11.8m
- Investments
- $0.0
- Employees
- 37
- Location
- Herndon, VA
- Founding
- 03/1970
- Data as of
- 12/2021
- EIN
- 25-1202166
Organization Overview
Naiop Inc is located in Herndon, VA. The organization was established in 1970. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Naiop Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Naiop Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Naiop Inc generated $11.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $10.7m during the year ending 12/2021. While expenses have increased by 3.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE A FORUM FOR LEADING COMMERCIAL REAL ESTATE INDUSTRY EDUCATION, GOVERNMENT AFFAIRS REPRESENTATION, NETWORKING, AND BUSINESS DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: THE EDUCATION PROGRAM CONTINUES ITS MISSION TO PROVIDE LEARNING OPPORTUNITIES TO THE COMMERCIAL REAL ESTATE INDUSTRY. NUMEROUS COURSES ARE AVAILABLE IN THE CURRICULUM THAT ARE OFFERED IN AN ON-DEMAND FORMAT. THE OFFERING OF INDUSTRY CONFERENCES IS ALSO AN INTEGRAL PART OF OUR MISSION. THE CRE.CONVERGE CONFERENCE, INDUSTRIAL CONFERENCE(S), AND THE FORUMS SYMPOSIUM ARE ANNUAL EVENTS.
LEGISLATIVE: OUR GOVERNMENT AFFAIRS EFFORTS ARE FOCUSED ON ENSURING A PUBLIC POLICY ENVIRONMENT SUPPORTIVE OF THE COMMERCIAL REAL ESTATE INDUSTRY, BOTH AT THE FEDERAL LEVEL AND THE STATE AND LOCAL LEVELS. NAIOP WORKED WITH ITS LOCAL CHAPTERS TO INCREASE AWARENESS AMONG ITS MEMBERS OF LEGISLATIVE AND REGULATORY CHALLENGES FACING THE INDUSTRY, AND TO ENHANCE THE ASSOCIATION'S GRASSROOTS CAPABILITIES.
PUBLICATIONS: NAIOP PUBLISHES A PRINT AND ELECTRONIC EDITION OF THE DEVELOPMENT MAGAZINE QUARTERLY. THROUGH ARTICLES AND REGULAR COLUMNS, THE MAGAZINE ADDRESSES PRODUCTS AND ISSUES IMPACTING COMMERCIAL REAL ESTATE DEVELOPMENT, BOTH NOW AND IN THE FUTURE. TOPICS ADDRESSED INCLUDE LEADERSHIP AND MANAGEMENT; REGULATORY AND GOVERNMENT AFFAIRS; CAPITAL MARKETS; INVESTMENT SALES; SUPPLY, DEMAND, AND RENTS RELATING TO REAL ESTATE PRODUCTS; DEMOGRAPHICS, TECHNOLOGY, AND CONSUMER BEHAVIOR; TRANSPORTATION AND MOBILITY; SUSTAINABILITY; LEASING AND MARKETING; AND MORE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Bisacquino President And CEO | Officer | 40 | $896,374 |
Aquiles Suarez Senior Vice President For Government Affairs | Officer | 40 | $335,323 |
Marc Selvitelli Executive Vice President & COO | Officer | 40 | $307,126 |
Elizabeth Greene Senior Vice President For Finance | Officer | 40 | $205,750 |
Christopher Ware Vice President For Business Development And Strate | Officer | 40 | $197,979 |
John Burke Senior Director Of State And Local Affairs | 40 | $177,112 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Protech Associates Inc Software Services | 12/30/21 | $219,959 |
Leading Authorities Inc Speaker Fees | 12/30/21 | $189,097 |
Csi Dmc Inc Conference Services | 12/30/21 | $192,479 |
Westin Jersey City Newport Conference Services | 12/30/21 | $187,917 |
Westin Long Beach Conference Services | 12/30/21 | $157,151 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $11,031,142 |
| Investment income | $367,830 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $331,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,820,157 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,722,386 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,462,956 |
| Pension plan accruals and contributions | $191,376 |
| Other employee benefits | $189,494 |
| Payroll taxes | $289,158 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,965 |
| Fees for services: Accounting | $53,974 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $75,819 |
| Fees for services: Other | $62,226 |
| Advertising and promotion | $503,185 |
| Office expenses | $640,660 |
| Information technology | $314,824 |
| Royalties | $0 |
| Occupancy | $386,371 |
| Travel | $105,937 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,724,162 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $188,004 |
| Insurance | $49,067 |
| All other expenses | $28,496 |
| Total functional expenses | $10,655,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,592 |
| Savings and temporary cash investments | $5,952,848 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,908 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $548,825 |
| Net Land, buildings, and equipment | $798,272 |
| Investments—publicly traded securities | $16,721,677 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,678 |
| Total assets | $24,051,800 |
| Accounts payable and accrued expenses | $2,587,675 |
| Grants payable | $0 |
| Deferred revenue | $5,031,572 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,886,270 |
| Total liabilities | $9,505,517 |
| Net assets without donor restrictions | $14,394,845 |
| Net assets with donor restrictions | $151,438 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $24,051,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Air Transport Association Of America Inc Washington, DC | $19,761,042 | $37,054,059 |
National League Of Cities Washington, DC | $36,340,571 | $16,690,289 |
Williamsburg Area Chamber Of Commerce Williamsburg, VA | $14,757,466 | $13,076,106 |
House Majority Forward Washington, DC | $4,051,593 | $12,002,258 |
Naiop Inc Herndon, VA | $24,051,800 | $11,820,157 |
Association Of Small Business Development Centers Burke, VA | $3,386,085 | $9,990,521 |
Charlotte Regional Realtor Association Inc Charlotte, NC | $53,438,404 | $12,494,849 |
Real Estate Roundtable Inc Washington, DC | $4,544,529 | $7,445,927 |
North Carolina Association Of Realtors Inc Greensboro, NC | $31,160,587 | $11,391,480 |
The North Carolina Community Action Association Raleigh, NC | $4,811,006 | $8,169,285 |
American Seed Trade Association Alexandria, VA | $7,353,007 | $6,785,185 |
Virginia Association Of Realtors Richmond, VA | $25,601,642 | $9,283,805 |