Recent 990 filings have shed light on the financial benefits received by volunteer leaders at the National Association of Realtors (NAR), surpassing those of any other nonprofit organization in the housing sector, including the Mortgage Bankers Association (MBA). This revelation has raised questions about the compensation practices within NAR and the potential implications for the organization’s governance structure.
Key points from the 990 filings include:
– NAR’s volunteer leaders receive financial benefits that are unmatched by any other nonprofit in the housing space, surpassing even those of the MBA.
– The disclosure of these benefits has sparked concerns about transparency and accountability within NAR’s governance structure.
– The findings highlight the need for greater scrutiny and oversight of compensation practices within nonprofit organizations, particularly those operating in the housing sector.
You can read this full article at: https://www.housingwire.com/articles/free-spending-culture-at-nar-unrivaled-in-housing/(subscription required)
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