To be recognized in key international markets as the body that promotes and enforces professional standards & offers access to the most sought after professional status.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$779K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $809K a year · 64% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$779K
to officers and key staff · 92% of spending
Concern: pay to officers and key staff is 92% of spending; over 30%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6.2M
×23 of total assets
Concern: liabilities are 2300% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 2 voting members
Concern: none of 2 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$931K
-33% vs prior year
Spent
$851K
Net assets
−$5.9M
By yearFY2020–FY2024
Revenue
$931K
FY2022▼ -33%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.7M
FY2021$566K
FY2022$1.4M
FY2022$931K
FY2023$1.4M
FY2024$1.3M
Expenses
$851K
FY2022▼ -59%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.0M
FY2021$2.4M
FY2022$2.1M
FY2022$851K
FY2023$1.5M
FY2024$1.4M
Net assets
−$5.9M
FY2022▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020−$3.4M
FY2021−$5.3M
FY2022−$6.0M
FY2022−$5.9M
FY2023−$6.0M
FY2024−$6.1M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

5 people listed on the 990; $779K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director of Strategic Part
$292,723Pt VII · Sec A
Program Lead - Constructio
$134,618Pt VII · Sec A
Program Lead - Valuation
$127,308Pt VII · Sec A
Head of Insights & Researc
$118,097Pt VII · Sec A
Sen. Public Affairs Office
$106,392Pt VII · Sec A

Anil Sawhney’s $143K as Program Lead - Construction is at the 43rd percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2022FY2021FY2020
Neil Shah——$292,723$202,412$198,195$268,457
Anil Sawhney$143,320$146,549$134,618$130,706$126,464$135,907
Neil Shah Until 732023—$138,468————
Steve Choi—$129,795$127,308$127,308$127,308$127,876
Jacqueline Oppenheim———$102,409$125,399$111,474
Lauren Nachstein——$118,097$116,400$117,000$106,753
Michael Zuriff$115,425$114,832$106,392$105,600$105,600$102,741
Allen Williams$102,063$101,608————

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

Promotes and enforces professional standards, offering access to sought-after professional status globally.

Questions for Rics Americas INC

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Provided by the organization

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2 programs · in their own filed words · FY2022
01

Rics americas hosted 2 'stay informed' sessions during the period from august 2022 - december 2022, to bring together members and industry experts to discuss and learn the big issues facing the built environment across the region, and to promote the rics and its standards.

Pt IX · col B
02

Service Fee Income

Reimbursement of costs, plus a 5% markup of the internal costs, incurred in furtherance of rics uk's activities, specifically in promoting membership to and processing applications for professionals in the region.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$931K
Ln 12
Fees for servicesLn 2g$931K
Money outPt IX
$851K
Ln 25
Owns and owesPt X
−$5.9M
net assets · Ln 32
Cash and savingsLn 1–2$149K
Total assetsLn 16$284K
LiabilitiesLn 26$6.2M
PeoplePt VI, VII
5
listed · VII A
PaidVII A5
Voting boardVI 1a2
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$931K
Total revenueLn 12$931K
Assets in detailPt X, end of year
CashLn 1$149K
Cash and savings togetherLn 1–2$149K
Land, buildings, equipmentLn 10c$5K
Other assetsLn 15$130K
Total assetsLn 16$284K
LiabilitiesLn 26$6.2M
Net assetsLn 32−$5.9M
OperationsPt I, VI
EmployeesI 518
VolunteersI 675
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$156K$149K
Land, buildings, equipmentLn 10c$5K$5K
Total assetsLn 16$291K$284K
LiabilitiesLn 26$6.3M$6.2M
Net assetsLn 32−$6.0M−$5.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$340K
Other salaries and wagesLn 7$178K
Pension plan contributionsLn 8$36K
Other employee benefitsLn 9$71K
Payroll taxesLn 10$28K
Accounting feesLn 11c$11K
Other fees for servicesLn 11g$2K
Advertising and promotionLn 12$30K
Office expensesLn 13$16K
Information technologyLn 14$1K
OccupancyLn 16$80K
TravelLn 17$31K
Conferences, conventions and meetingsLn 19$10K
InterestLn 20$4K
Depreciation, depletion and amortizationLn 22$276
InsuranceLn 23$12K
Total functional expensesLn 25$851K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.3M$1.4M−$114K−$6.1M 990 PDF
FY2023 $1.4M$1.5M−$48K−$6.0M 990 PDF
FY2022 $1.4M$2.1M−$703K−$6.0M 990 PDF
FY2021 $566K$2.4M−$1.8M−$5.3M 990 PDF
FY2020 $1.7M$3.0M−$1.3M−$3.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $930,508 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,375,572$930,508
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $22,146$0
I-12 Total revenuePrior year $1,397,718$930,508
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,583,357$653,908
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $517,282$197,353
I-18 Total expensesPrior year $2,100,639$851,261
I-19 Revenue less expensesPrior year −$702,921$79,247
Part VI · Governance 0 of 2 board members independent, 1 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members0
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $930,508 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $930,508$930,508
VIII-12 Total revenueRelated to mission $930,508 · Unrelated business $0 · Excluded from tax $0$930,508
Part IX · Statement of functional expenses $851,261 across 16 lines filed
IX-5 Pay of current officers, directors and key staff$340,210
IX-7 Other salaries and wages$178,351
IX-8 Pension plan contributions$36,493
IX-9 Other employee benefits$71,082
IX-10 Payroll taxes$27,772
IX-11c Accounting fees$10,790
IX-11g Other fees for services$1,516
IX-12 Advertising and promotion$30,000
IX-13 Office expenses$15,921
IX-14 Information technology$1,168
IX-16 Occupancy$80,418
IX-17 Travel$31,476
IX-19 Conferences, conventions and meetings$10,184
IX-20 Interest$3,722
IX-22 Depreciation, depletion and amortization$276
IX-23 Insurance$11,882
IX-25 Total functional expenses$851,261
Part X · Balance sheet $284,354 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $156,036$149,360
X-10c Land, buildings and equipment, netStart of year $5,019$4,743
X-15 Other assetsStart of year $113,772$130,251
X-16 Total assetsStart of year $290,505$284,354
X-17 Accounts payable and accrued expensesStart of year $15,775$12,988
X-19 Deferred revenue$4,226
X-26 Total liabilitiesStart of year $6,277,271$6,191,873
X-27 Net assets without donor restrictionsStart of year −$5,986,766−$5,907,519
X-32 Total net assets or fund balancesStart of year −$5,986,766−$5,907,519
X-33 Total liabilities and net assetsStart of year $290,505$284,354
Part XI · Reconciliation of net assets −$5,907,519 net assets at year end
XI-1 Total revenue$930,508
XI-2 Total expenses$851,261
XI-3 Revenue less expenses$79,247
XI-4 Net assets at start of year−$5,986,766
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$5,907,519

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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