2018-08-17T07:45:21-05:00 2017-12-31 540737372 PBMARES LLP 500 E PRATT STREET SUITE 525 BALTIMORE MD 21202 990 2017-01-01 521802714 NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC NATI 4102670504 1997 ANNAPOLIS EXCHANGE PKWY NO 480 ANNAPOLIS MD 21401 BRIAN JURUTKA CEO 4102670504 2018-08-14 1 TODD LEVEY P01467848 4106596200 2018-08-14 X 2017 2022-09-23 18:48:47Z BRIAN JURUTKA 1997 ANNAPOLIS EXCHANGE PKWY NO 480 ANNAPOLIS MD 21401 16464187 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. 21 19 59 120 0 0 0 0 14563251 16412984 38857 47032 1000 0 14603108 16460016 202222 92771 0 0 5171913 7072148 0 0 0 8227405 10152374 13601540 17317293 1001568 -857277 11816304 13000164 4948438 6986417 6867866 6013747 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 0 6926066 14654 11388337 NATIONAL CONFERENCE AND EDUCATIONAL EVENTS - CONFERENCES AND EDUCATIONAL EVENTS ARE HELD TO EXCHANGE INFORMATION RELATED TO NIC'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. 5387140 4943763 MARKET AREA PROFILES SUBSCRIPTION SERVICE - NIC INDUSTRY DATA REVENUE RECEIVED FROM MAP, WHICH PROVIDES HISTORICAL TIME SERIES DATA ON OPERATIONAL AND FINANCIAL PERFORMANCE OF SENIORS HOUSING AND CARE FACILITIES. MAP 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. 2213839 78117 80884 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 TO PROMOTE AND DISSEMINATE RESEARCH ON QUALITY AND AVAILABILITY OF SENIORS HOUSING AND CARE SETTINGS. 14527045 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 0 0 0 0 0 1 50 0 1 59 1 0 0 0 0 0 0 0 0 0 0 X 21 19 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 X BRIAN JURUTKA 4102670504 1997 ANNAPOLIS EXCHANGE PARKWAY 480 ANNAPOLIS MD 21401 ANDY SMITH BOARD MEMBER 0.40 X 0 0 0 BJ HAUSWALD BOARD MEMBER 0.40 X 0 0 0 BRADLEY RAZOOK BOARD CHAIR 2.00 X X 0 0 0 BRIAN BECKWITH BOARD MEMBER 0.40 X 0 0 0 BRIAN JURUTKA PRESIDENT (ALSO CEO AS OF 07.17.17) 58.00 X X 489524 0 41217 CAROLYN NAZDIN BOARD MEMBER 0.40 X 0 0 0 DAVID NASH BOARD MEMBER (AS OF 12.06.17) 0.40 X 0 0 0 DOUG KOREY BOARD MEMBER 1.00 X 0 0 0 ED KENNY BOARD MEMBER 0.40 X 0 0 0 IMRAN JAVAID BOARD MEMBER 0.40 X 0 0 0 JACK CALLISON TREASURER (AS OF 12.06.17) 0.40 X X 0 0 0 JAMES SEYMOUR BOARD SECRETARY 1.00 X X 0 0 0 JOHN COBB BOARD MEMBER 0.40 X 0 0 0 JUDY MARCZEWSKI OAB REPRESENTATIVE 0.40 X 0 0 0 JUSTIN HUTCHENS BOARD MEMBER (THRU 05.31.17) 0.40 X 0 0 0 KURT READ BOARD VICE CHAIR 2.00 X X 0 0 0 MERCEDES KERR BOARD MEMBER (AS OF 12.06.17) 0.40 X 0 0 0 MIKE MCCURRY BOARD MEMBER (AS OF 12.06.17) 0.40 X 0 0 0 ROBERT KRAMER BOARD MEMBER (AS OF 12.06.17)/FORMER CEO 58.00 X X 950819 0 69501 SCOTT ESTES TREASURER (THRU 10.06.17) 1.00 X X 0 0 0 STEVEN INSOFT BOARD MEMBER 0.40 X 0 0 0 TIM FOX ASST TREASURER 2.00 X X 0 0 0 TOM HERZOG BOARD MEMBER (AS OF 06.01.17) 0.40 X 0 0 0 PRISCILLA HAMMETT DIRECTOR OF FINANCE 40.00 X 148561 0 20914 CHARLES HARRY CHIEF OF RESEARCH 63.00 X 363238 0 28845 DAN RANEY DIRECTOR PRODUCT AND TECH 55.00 X 185768 0 35116 ELIZABETH MACE CHIEF ECONOMIST 55.00 X 364146 0 18039 KIMBERLY SUMNER MANAGING DIRECTOR 65.00 X 265618 0 39087 AMBER JACOBS MAP SR MANAGER 55.00 X 157762 0 11135 LEIGH ANNA GERAGHTY SR. APP ADMIN. 40.00 X 128483 0 31035 WILLIAM KAUFFMAN SENIOR RESEARCH ANALYST 57.00 X 141980 0 27770 WILLIAM TODD SALZMAN SENIOR BI DEV 40.00 X 118841 0 34585 3314740 0 357244 11 0 1 0 SHERATON CHICAGO HOTEL 301 EAST NORTH WATER ST CHICAGO IL 60611 FALL CONFERENCE 855451 HILTON SAN DIEGO BAYFRONT ONE PARK BLVD SAN DIEGO CA 92101 SPRING CONFERENCE 782912 STEELCASE 901 44TH STREET SE GRAND RAPIDS MI 49508 CONFERENCE SERVICES 680097 PROMATURA GROUP 19 CR 168 OXFORD MS 38655 RESEARCH DATA 644789 SOUTH CAROLINA AV PO BOX 24707 COLUMBIA SC 29224 CONFERENCE SERVICES 450145 14 CONFERENCES AND EVENTS 900099 11388337 11388337 MAP INCOME 900099 4943763 4943763 RESEARCH INCOME 900099 80884 80884 16412984 50993 50993 210 4171 -3961 -3961 -3961 16460016 16412984 0 47032 X 92771 92771 3020391 2476721 543670 3251310 2576831 674479 192035 165337 26698 229770 175162 54608 378642 325818 52824 355944 133600 222344 23164 23164 2687485 1947799 739686 136966 115957 21009 806815 627888 178927 527849 339348 188501 374882 306908 67974 514363 397994 116369 3474885 3323868 151017 1052141 639463 412678 58931 22526 36405 DUES AND SUBSCRIPTIONS 138346 123779 14567 BAD DEBT EXPENSE 603 603 PROGRAM COST CENTER ALL 0 734672 -734672 17317293 14527045 2790248 0 1394266 5196537 7489509 5285910 226434 46189 273465 165805 4149947 1992945 2344417 2157002 72250 133281 15963 15440 11816304 13000164 1554877 2085022 3209384 4698159 184177 203236 4948438 6986417 X 6867866 6013747 6867866 6013747 11816304 13000164 -857277 3158 0 X X 0 1 X 1 0 X 10073626 11584894 12532568 14564251 16412984 65168323 10073626 11584894 12532568 14564251 16412984 65168323 0 0 0 65168323 16582 26069 20928 38857 50993 153429 16582 26069 20928 38857 50993 153429 10090208 11610963 12553496 14603108 16463977 65321752 0.99770 0.99790 0.00230 0.00210 X 445271 325382 119889 642279 437183 205096 3062397 1230380 1832017 2157002 DEFERRED COMPENSATION PAYABLE 133281 DEFERRED RENT LIABILITY 69955 203236 X 16467135 3158 3961 7119 16460016 0 16460016 17321254 3961 3961 17317293 0 17317293 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, 2017 AND 2016. FASB ACCOUNTING STANDARDS CODIFICATION (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. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF EQUIPMENT 3,961. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF EQUIPMENT 3,961. 0 WASHINGTON STATE UNIVERSITY FOUNDATION 2580 NE GRIMES WAY PULLMAN WA 99163 911075542 501(C)(3) 20000 RESEARCH SPONSORSHIP USC LEONARD DAVIS SCHOOL OF GERENTOLOGY DEVELOPMENT DEPT 3715 MCCLINTOCK AVE LOS ANGELES CA 90089 951642394 501(C)(3) 22500 SPONSORSHIP OF EDUCATION 2 X X X X X X 0 0 0 0 0 0 0 0 0 BRIAN JURUTKA PRESIDENT (ALSO CEO AS OF 07.17.17) 316682 0 100000 0 72842 0 16200 0 25017 0 530741 0 0 0 ROBERT KRAMER BOARD MEMBER (AS OF 12.06.17)/FORMER 350057 0 200000 0 400762 0 16200 0 53301 0 1020320 0 0 0 PRISCILLA HAMMETT DIRECTOR OF FINANCE 127401 0 20902 0 258 0 9036 0 11878 0 169475 0 0 0 CHARLES HARRY CHIEF OF RESEARCH 237830 0 125000 0 408 0 16200 0 12645 0 392083 0 0 0 DAN RANEY DIRECTOR PRODUCT AND TECH 154296 0 31262 0 210 0 11545 0 23571 0 220884 0 0 0 ELIZABETH MACE CHIEF ECONOMIST 243750 0 120000 0 396 0 16200 0 1839 0 382185 0 0 0 KIMBERLY SUMNER MANAGING DIRECTOR 186628 0 78750 0 240 0 16200 0 22887 0 304705 0 0 0 AMBER JACOBS MAP SR MANAGER 111240 0 2500 0 44022 0 9462 0 1673 0 168897 0 0 0 LEIGH ANNA GERAGHTY SR. APP ADMIN. 115145 0 13200 0 138 0 8144 0 22891 0 159518 0 0 0 WILLIAM KAUFFMAN SENIOR RESEARCH ANALYST 118326 0 23600 0 54 0 8811 0 18959 0 169750 0 0 0 WILLIAM TODD SALZMAN SENIOR BI DEV 114653 0 4050 0 138 0 7544 0 27041 0 153426 0 0 0 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 AND OFFICERS 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. KEY EMPLOYEES HAVE NOT BEEN REQUIRED TO DISCLOSE ANNUALLY ANY POTENTIAL CONFLICTS OF INTEREST. 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 THEN WORKED WITH THE ORGANIZATIONS 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 DATA COLLECTION FEES : PROGRAM SERVICE EXPENSES 892,344. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 892,344. EVENT SUPPORT : PROGRAM SERVICE EXPENSES 276,084. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 276,084. HR SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 59,400. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 59,400. OTHER SUPPORT SERVICES : PROGRAM SERVICE EXPENSES 272,667. MANAGEMENT AND GENERAL EXPENSES 310,442. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 583,109. PROFESSIONAL IT SERVICES : PROGRAM SERVICE EXPENSES 3,271. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,271. PROFESSIONAL SPEAKER FEES: PROGRAM SERVICE EXPENSES 329,050. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 329,050. PROFESSIONAL VIDEO SERVICES: PROGRAM SERVICE EXPENSES 102,736. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 102,736. RECRUITING SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 64,242. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 64,242. TEMPORARY SERVICES: PROGRAM SERVICE EXPENSES 70,007. MANAGEMENT AND GENERAL EXPENSES 97,893. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 167,900. STRATEGIC PLANNING: PROGRAM SERVICE EXPENSES 1,640. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,640. MARKETING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 207,709. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 207,709. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS FROM PRIOR YEARS.