Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2023.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
80 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
124 people listed on the 990; $4.6M paid to officers and key staff.
Jesper Nygard’s $689K as CEO is at the 41st percentile of top reported officer pay among 44 $100M+ 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Jesper Nygard | $688,663 | $679,639 | $658,720 | $694,964 | $677,539 |
| Nina Kovsted Helk | $382,413 | $376,608 | $367,554 | $386,023 | $354,839 |
| Kenneth Lillelund Winther | $383,508 | $370,047 | $364,375 | $384,053 | $330,266 |
| Michael Kjaerbye-Thygesen | — | — | $283,834 | $310,158 | $291,744 |
| Henrik Stage | $302,210 | $297,349 | $294,030 | $307,650 | $299,782 |
| Kresten Dahl Juelner | $307,530 | $261,597 | — | — | — |
| Andreas Nickelsen | — | — | — | $298,732 | $274,721 |
| Daniel Probst | $263,024 | $259,803 | $258,161 | $290,461 | $271,545 |
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.
See Realdania executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Improves quality of life by shaping the built environment for the common good.
Questions for Realdania
Your first name shows with your question. Realdania answers here, for everyone.
* promoting desirable residential environments *realdania aims to improve housing and residental environment by developing existing and new ways of living, improving physical conditions, and communicating knowledge about housing.
* promoting a vibrant architectural culture * realdania aims to contribute to a more vibrant architectural culture by providing good examples within architecture, preservation and development of the built heritage, as well as applicable knowledge about building culture.
* promoting healthy, efficient and sustainable construction *realdania aims to develop, demonstrate and communicate innovative solutions within construction in order to create a more efficient construction industry with a focus on added value, as well as more sustainable and healthier buildings to support our everyday lives.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $108.6M | $93.2M |
| InvestmentsLn 11–13 | $4.36B | $4.55B |
| Land, buildings, equipmentLn 10c | $21.0M | $19.3M |
| Total assetsLn 16 | $4.74B | $4.89B |
| LiabilitiesLn 26 | $730.1M | $722.0M |
| Net assetsLn 32 | $4.01B | $4.17B |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants and assistance to foreign recipientsLn 3 | $154.7M | $154.7M | ||
| Pay of current officers, directors and key staffLn 5 | $3.5M | $3.5M | ||
| Other salaries and wagesLn 7 | $8.0M | $2.8M | $5.1M | |
| Pension plan contributionsLn 8 | $885K | $354K | $531K | |
| Other employee benefitsLn 9 | $315K | $126K | $189K | |
| Legal feesLn 11b | $141K | $141K | ||
| Accounting feesLn 11c | $676K | $676K | ||
| Investment management feesLn 11f | $42.6M | $42.6M | ||
| Other fees for servicesLn 11g | $536K | $214K | $321K | |
| Advertising and promotionLn 12 | $2.1M | $2.1M | ||
| Office expensesLn 13 | $619K | $247K | $371K | |
| Information technologyLn 14 | $3.0M | $1.2M | $1.8M | |
| OccupancyLn 16 | $1.5M | $512K | $960K | |
| TravelLn 17 | $205K | $82K | $123K | |
| Conferences, conventions and meetingsLn 19 | $284K | $114K | $171K | |
| InterestLn 20 | $687K | $687K | ||
| Depreciation, depletion and amortizationLn 22 | $2.4M | $965K | $1.4M | |
| InsuranceLn 23 | $117K | $47K | $70K | |
| Other expenses (24a–d)Ln 24 | $89.9M | $89.7M | $264K | |
| Total functional expensesLn 25 | $312.2M | $251.0M | $61.2M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 14, 2025 | $314.7M | $235.0M | $79.7M | $4.0B | 990 PDF |
| FY2023Filed with the IRS Nov 13, 2024 | $205.7M | $202.4M | $3.3M | $3.9B | 990 PDF |
| FY2022Filed with the IRS Nov 3, 2023 | $293.3M | $208.8M | $84.5M | $3.7B | 990 PDF |
| FY2021 ViewingFiled with the IRS Nov 10, 2022 | $479.0M | $312.2M | $166.8M | $4.2B | 990 PDF |
| FY2020Filed with the IRS Nov 10, 2021 | $178.3M | $252.5M | −$74.2M | $4.0B | 990 PDF |
Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $479,000,000 revenue, 12 lines filed
Part VI · Governance 89 of 103 board members independent, 2 to look at
Part VIII · Statement of revenue $479,000,000 across 2 lines filed
Part IX · Statement of functional expenses $312,237,347 across 19 lines filed
Part X · Balance sheet $4,892,500,000 assets, 15 lines filed
Part XI · Reconciliation of net assets $4,170,500,000 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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