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Maryland · Nonprofit

NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC

NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC (Maryland) receives grants from 2 organizations whose IRS filings report $130,000 to it, the largest being THE JOHN A HARTFORD FOUNDATION INC ($115,000). 1 of them have funded it in more than one year.

Revenue FY2024
$13M
Funders on record
2
Grants received
$130k
Net assets
$32M
1/2 repeat funderspeak grant-dependency 1%
01What it does

What National Investment Center for Seniors Housing & Care Inc does

Mission

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.

As stated on its FY2024 Form 990.

Programs

  1. 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.

    $9,478,907 spent$14,256,482 earned by the program
    64% of program spending

  2. 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.

    $3,812,014 spentof which $97,500 as grants$83,108 earned by the program
    26% of program spending

  3. Nic academy is the only professional certification program dedicated to senior housing and care. Because of nic's resources, curriculum, faculty and teaching method, students are able to immediately put their learning to use and start making an impact in their organization.

    $1,409,883 spent$480,417 earned by the program
    10% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $14,700,804.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($16M) Expenses 100 ($17M) Net assets 100 ($6.0M)2018 Revenue 112 ($18M) Expenses 104 ($18M) Net assets 107 ($6.4M)2019 Revenue 120 ($20M) Expenses 121 ($21M) Net assets 89 ($5.3M)2020 Revenue 76 ($12M) Expenses 86 ($15M) Net assets 49 ($3.0M)2021 Revenue 118 ($19M) Expenses 148 ($26M) Net assets 742 ($45M)2022 Revenue 222 ($36M) Expenses 144 ($25M) Net assets 660 ($40M)2023 Revenue 82 ($13M) Expenses 110 ($19M) Net assets 582 ($35M)2024 Revenue 81 ($13M) Expenses 98 ($17M) Net assets 531 ($32M)
'17'18'19'20'21'22'23'24
Revenue (81)Expenses (98)Net assets (531)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $9.2M to $56M (+502%).

$13M
$14M
$14M
$9.2M
$56M
$48M
$43M
$39M
'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

Government-grant reliance: 2021 12%. Grants only. Government contracts and fees sit inside program revenue.

0% of NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (21% for the typical peer).

This organization
Typical peer · 3,400 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$857k
’17
$397k
’18
−$1.1M
’19
−$2.4M
’20
−$6.2M
’21
$11M
’22
−$5.6M
’23
−$3.7M
’24
1.3
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

Raymound Braun

President & CEO

Board chair

Susan Barlow

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed3233313128313630
Joined·+3+7+6+7+6+12+5
No longer listed·296103711
03Who funds it

Who funds it, year by year

2019 → 2021: the base narrowed from 2 funders to 1 funder, grant income rose $30k → $100k.

Funder
'19
'21
total
The Scan Foundationunclassified
$15k
funders
2
1

From the IRS filings of NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC’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 INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC leans on a few funders — its largest provides 88% 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

88%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 50% · 2021 100% — growing more concentrated.

“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

NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC draws 100% of its grant income from funders outside Maryland, across 2 states in all.

NY
CA

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

’19
’21
Maryland 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

Against its field

NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−28% · bottom quartile
Months of reserve1.3mo · below the median
Revenue growth (annualized)−3% · bottom quartile

this organization peer median middle 50% of peers· 3,288 human services nonprofits $10M–$100M, FY2024

Government funding NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $167k on record.

Federal$167k
grants $0contracts $167k
20
21
22
23
24
Top agencies
  • Department of Housing and Urban Development$167k

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 INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC

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 Maryland

National Lutheran Home for the Aged Inc85%National Lutheran Inc85%National Children's Center Inc Foundation84%Friends House Retirement Community83%Enterprise Community Investment Inc83%National Children's Center Inc83%Edward a Myerberg Senior Center Inc82%National Center for Victims of Crime Inc82%

Nationally

National Senior Communities Inc89%Senior Community Services Inc88%National Church Residences at Home Central Ohio86%National Church Residences at Home Hospice Central Ohio86%National Church Residences at Home Health and Wellness Central Ohio86%National Church Residences at Home Hospice86%National Church Residences at Home Inc86%National Lutheran Home for the Aged Inc85%
05Profile & governance

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

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

20
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Nic Holdco LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC?
NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC (Maryland) receives grants from 2 organizations whose IRS filings report $130,000 to it, the largest being THE JOHN A HARTFORD FOUNDATION INC ($115,000). 1 of them have funded it in more than one year.
How many funders does NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC have?
IRS filings report 2 organizations giving $130,000 in grants to NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC, 1 of which have funded it in more than one year.
Who is the largest funder of NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC?
THE JOHN A HARTFORD FOUNDATION INC is the largest funder on record, with $115,000 in grants. The full list of funders is on this page.
How can an organization like NATIONAL INVESTMENT CENTER FOR SENIORS HOUSING & CARE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. 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 14, 2026. What this page cannot tell you · view filing