National Multifamily Housing Council

Organization Overview

National Multifamily Housing Council is located in Washington, DC. The organization was established in 1978. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, National Multifamily Housing Council employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Multifamily Housing Council 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 06/2022, National Multifamily Housing Council generated $20.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $19.9m during the year ending 06/2022. While expenses have increased by 4.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ADVOCATE FOR MULTI-FAMILY RENTAL ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NMHC ADVOCATES FOR MULTIFAMILY RENTAL ORGANIZATIONS. WORKING CLOSELY WITH CONGRESS, THE EXECUTIVE BRANCH, AND FEDERAL REGULATORY OFFICIALS, NMHC ACTIVELY HELPED SHAPE LEGISLATION AND REGULATIONS THAT AFFECT THE INDUSTRY. THE COUNCIL CONCENTRATES ON PUBLIC POLICIES THAT ARE OF STRATEGIC IMPORTANCE TO PARTICIPANTS IN MULTIFAMILY HOUSING, INCLUDING HOUSING FINANCE, TAX, TECHNOLOGY, PROPERTY MANAGEMENT, ENVIRONMENTAL AND BUILDING CODES. LEGISLATIVE CONSULTANTS AND COALITIONS PROVIDE CRITICAL INFORMATION AS PART OF THE COUNCIL'S ADVOCACY EFFORTS.


NMHC IS ACKNOWLEDGED AS THE PREEMINENT SOURCE OF APARTMENT RELATED INFORMATION. NMHC RESEARCH INITIATIVES ASSIST MEMBERS IN MAKING CRITICAL BUSINESS DECISIONS, IMPROVE THE INDUSTRY'S POLICY AND REGULATORY ENVIRONMENT, AND PROVIDE CONSUMERS WITH FULL INFORMATION ON THEIR HOUSING CHOICES. NMHC MEETINGS ARE AN EFFECTIVE WAY TO SHARE STRATEGIC INFORMATION WITH MEMBERS WHILE PROVIDING THEM WITH NETWORKING OPPORTUNITIES TO EXCHANGE INFORMATION AND DEVELOP NEW BUSINESS OPPORTUNITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Doug Bibby
President
$2,079,886
Ken Valach
Chair
$0
Laurie Baker
Treasurer
$0
Julie Smith
Secretary
$0
James Schloemer
Vice Chair
$0
David Schwartz
Immediate Past Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ceavo Audio
Video Projection Services
$506,046
Seven Letter
Strategic Comm Consulting
$328,726
View All Vendors

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$19,967,209
Investment income $411,282
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,998
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,394,489

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