Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1970.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
89 people listed on the 990; $3.1M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Thomas Bisacquino | — | — | $191,575 | $710,117 | $896,374 | $878,995 |
| Marc Selvitelli | $731,032 | $712,443 | $622,743 | $423,682 | $307,126 | $303,240 |
| Aquiles Suarez | $390,463 | $372,675 | $357,244 | $343,819 | $335,323 | $331,806 |
| Shaine Anderson | $295,149 | $269,289 | $257,741 | $222,970 | $172,885 | $120,028 |
| Christopher Ware | $270,631 | $263,403 | $272,481 | $214,219 | $197,979 | $181,765 |
| Hediyeh Sadeghein | $234,725 | $223,333 | $199,373 | $101,434 | — | — |
| David Edwards | $217,080 | — | — | — | — | — |
| Kathryn Hamilton | $214,809 | $201,173 | $190,321 | $184,990 | $162,350 | $169,167 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Publishes a quarterly magazine on commercial real estate development, covering current and future trends, issues, and products.
Questions for Naiop INC
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Publications
Naiop publishes a print and electronic edition of the development magazine quarterly. Through articles and regular columns, the magazine addresses products and issues impacting commercial real estate development, both now and in the future.
Education
The education program continues its mission to provide learning opportunities to the commercial real estate industry. Numerous courses are available in the curriculum that are offered in an on-demand format. The offering of industry conferences is also an integral part of our mission.
Legislative
Our government affairs efforts are focused on ensuring a public policy environment supportive of the commercial real estate industry, both at the federal level and the state and local levels.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $295K | $4.9M |
| InvestmentsLn 11–13 | $17.3M | $14.5M |
| Land, buildings, equipmentLn 10c | $1.1M | $957K |
| Total assetsLn 16 | $19.2M | $20.8M |
| LiabilitiesLn 26 | $8.3M | $7.4M |
| Net assetsLn 32 | $11.0M | $13.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $100K | |||
| Pay of current officers, directors and key staffLn 5 | $2.7M | |||
| Other salaries and wagesLn 7 | $2.5M | |||
| Pension plan contributionsLn 8 | $191K | |||
| Other employee benefitsLn 9 | $222K | |||
| Payroll taxesLn 10 | $286K | |||
| Legal feesLn 11b | $28K | |||
| Accounting feesLn 11c | $45K | |||
| Investment management feesLn 11f | $69K | |||
| Other fees for servicesLn 11g | $102K | |||
| Advertising and promotionLn 12 | $199K | |||
| Office expensesLn 13 | $555K | |||
| Information technologyLn 14 | $337K | |||
| OccupancyLn 16 | $385K | |||
| TravelLn 17 | $146K | |||
| Conferences, conventions and meetingsLn 19 | $618K | |||
| Depreciation, depletion and amortizationLn 22 | $205K | |||
| InsuranceLn 23 | $35K | |||
| Other expenses (24a–d)Ln 24 | $249K | |||
| All other expensesLn 24e | $25K | |||
| Total functional expensesLn 25 | $9.0M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $17.9M | $15.5M | $2.4M | $20.0M | 990 PDF |
| FY2024 | $16.8M | $14.9M | $1.9M | $16.9M | 990 PDF |
| FY2023 | $14.9M | $14.5M | $393K | $15.0M | 990 PDF |
| FY2022 | $13.2M | $12.5M | $767K | $13.3M | 990 PDF |
| FY2021 | $11.8M | $10.7M | $1.2M | $14.5M | 990 PDF |
| FY2020 Viewing | $10.5M | $9.0M | $1.5M | $13.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $10,516,493 revenue, 12 lines filed
Part VI · Governance 71 of 71 board members independent, no flags
Part VIII · Statement of revenue $10,516,493 across 5 lines filed
Part IX · Statement of functional expenses $9,010,757 across 20 lines filed
Part X · Balance sheet $20,788,156 assets, 16 lines filed
Part XI · Reconciliation of net assets $13,378,032 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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