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Illinois · Nonprofit

National Association of Realtors

National Association of Realtors (Illinois) receives grants from 2 organizations whose IRS filings report $23,000 to it, the largest being FOUNDATION FOR INNOVATION IN REAL ESTATE ($19,000). 1 of them have funded it in more than one year.

Revenue FY2024
$361M
Funders on record
2
Grants received
$23k
Net assets
$387M
1/2 repeat funderspeak grant-dependency 0%
01What it does

What National Association of Realtors does

Mission

The National Association of Realtors represents realtors and nar's institutes, societies, and councils involved in all aspects of the residential and commercial real estate industries. Our membership is composed of residential and commercial brokers, salespeople, property managers, appraisers, counselors, and others engaged in the real estate industry. Members belong to one or more local associations/boards and state and territory associations of realtors. Nar empowers realtors by helping them thrive in their businesses. It achieves this goal by advocating on their behalf, providing market intelligence and research tools, offering professional development and education, maintaining high standards, mitigating legal risk, and elevating the realtor brand. By supporting realtors, nar protects and advances the right of americans to own real estate.

As stated on its FY2024 Form 990.

Programs

  1. The National Association of REALTORS provides professional development through tailored educational offerings, proprietary technology and research to its members, the public and government for the purpose of fostering fair, competitive, and transparent real estate markets and preserving the right to own real property.

  2. NAR members abide by a strict Code of Ethics that ensures clients' best interests are served. This promotes high standards of conduct in the transaction of real estate business and requires REALTORS to cooperate with each other on behalf of their clients. Leveraging the voice of our members, NAR's consumer advertising campaign is designed to promote awareness of the REALTOR brand nationally and the value of a REALTOR to a consumer audience through a variety of strategic external marketing initiatives and channels.

  3. A broad-based perspective on the value of real property ownership and the impact on families, communities and the economy informs NAR's advocacy work. Accordingly, NAR supports public policy issues that enhance housing affordability and increase access to homeowenership for people of all backgrounds and income levels. The association's websites host tools and resources for members to best counsel home buyers and sellers, feature information about the value of property ownership, consumer guides that allow consumers to do their own research, and portals that help buyers and sellers find agents who are REALTORS.

  4. As a member-led organization, NAR conducts local and national meetings where members participate in the governance of the association and learn about real estate best practices, trends and new tools and strategies. In addition to the educational content, NAR conferences provide opportunities for members to network with agents from across the country. Each year NAR holds a midyear meeting and a national conference.

  5. NAR offers professional education programs to keep members ahead of an evolving market and enhance leadership skills. NAR holds several online educational sessions and webinars throughout the year to help members get to, and execute, their next transaction by enhancing their businesses and growing their client bases.

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $0.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($242M) Expenses 100 ($237M) Net assets 100 ($163M)2018 Revenue 101 ($245M) Expenses 109 ($259M) Net assets 183 ($297M)2019 Revenue 140 ($338M) Expenses 94 ($222M) Net assets 294 ($478M)2020 Revenue 124 ($301M) Expenses 117 ($277M) Net assets 378 ($616M)2021 Revenue 135 ($327M) Expenses 105 ($248M) Net assets 469 ($763M)2022 Revenue 136 ($328M) Expenses 129 ($306M) Net assets 459 ($747M)2023 Revenue 148 ($358M) Expenses 135 ($319M) Net assets 223 ($363M)2024 Revenue 149 ($361M) Expenses 148 ($350M) Net assets 238 ($387M)
'17'18'19'20'21'22'23'24
Revenue (149)Expenses (148)Net assets (238)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $489M to $697M (+42%).

$318M
$489M
$697M
$868M
$1.0B
$1.0B
$1.1B
$1.1B
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$5.3M
’17
−$14M
’18
$116M
’19
$24M
’20
$80M
’21
$23M
’22
$39M
’23
$11M
’24
6.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Nykia Wright

CEO

As listed on its FY2024 Form 990.

03Who funds it

Who funds it, year by year

2017 → 2021: the base held at 1 funder, grant income rose $2k → $19k.

Funder
'17
'18
'19
'21
total
funders
1
1
1
1

Left out of every figure on this page: $1.2M from 19 payers (the payer shares this organization's board, largest Center for REALTOR Development Inc). These are real filings, and they are not money National Association of Realtors raised.

From the IRS filings of National Association of Realtors’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

National Association of Realtors leans on a few funders — its largest provides 83% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund National Association of Realtors.

83%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2021 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

83% of National Association of Realtors's grant income comes from Illinois funders.

IL
AR

In-state vs out-of-state, by year

’17
’18
’19
’21
Illinois out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding National Association of Realtors receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $8k on record.

Federal$8k
grants $0contracts $8k
17
18
Top agencies
  • Department of Agriculture$8k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like National Association of Realtors

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

1009
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 23 related entities

  • Leonard P Reaume Memorial Foundation · exempt
  • Center for Realtor Development · exempt
  • Nar Congressional Fund · exempt
  • Realtor University · exempt
  • Nar Fund · exempt

Screen this organization

A dated, signed PDF of the compliance screen for National Association of Realtors: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds National Association of Realtors?
National Association of Realtors (Illinois) receives grants from 2 organizations whose IRS filings report $23,000 to it, the largest being FOUNDATION FOR INNOVATION IN REAL ESTATE ($19,000). 1 of them have funded it in more than one year.
How many funders does National Association of Realtors have?
IRS filings report 2 organizations giving $23,000 in grants to National Association of Realtors, 1 of which have funded it in more than one year.
Who is the largest funder of National Association of Realtors?
FOUNDATION FOR INNOVATION IN REAL ESTATE is the largest funder on record, with $19,000 in grants. The full list of funders is on this page.
How can an organization like National Association of Realtors find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing