Overview

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Est.

1994

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

NARAS Properties Inc is a nonprofit organization with an Employer Identification Number (EIN) of 95-4516666, dedicated to holding property and collecting rent for the benefit of the Recording Academy. With an operating budget of $1.6 million and total revenue of $5.3 million for the 2024 filing year, the organization plays a significant role in the real estate sector. It does not rely on a single funder for 50% or more of its revenue.

Mission Statement

TO HOLD PROPERTY AND COLLECT RENT FOR THE BENEFIT OF THE RECORDING ACADEMY.
Revenues
$5.3M
Expenses
$1.6M
Net Income:
+$3.6M
Assets
$51.2M
Liabilities
$0
Net Assets:
+$51.2M
Operating Budget
$1.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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B
Branden Chapman
Board Member
H
Harvey Mason Jr
Board Member
W
Wayne J Zahner
Board Member

Frequently Asked Questions

What is NARAS PROPERTIES INC’s budget?
In 2024, NARAS PROPERTIES INC reported an annual operating budget of around $1.6 million. More detailed financial information is available to registered users.
What causes does NARAS PROPERTIES INC support?
NARAS PROPERTIES INC supports work in Real estate.
Where does NARAS PROPERTIES INC operate?
NARAS PROPERTIES INC is headquartered in Santa Monica, CA.