Nonprofit · EIN 52-1565478
ASSOCIATION OF FOREIGN INVESTORS IN REAL ESTATE
Tax-exempt · ALEXANDRIA, VA 22314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,237,928 | $3,049,791 | $188,137 | $4,126,209 | $3,004,994 | $1,121,215 |
| December 31, 2023 | 990 | $3,162,219 | $2,810,434 | $351,785 | $3,813,054 | $2,879,926 | $933,128 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,143,791
- Investment income
- $82,090
- Other revenue
- $12,047
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $986,239
- Other salaries and wages
- $274,105
- Salaries, compensation and benefits (total)
- $1,350,790
- Professional fundraising fees
- $0
- Accounting fees
- $86,895
- Occupancy
- $65,347
- Travel
- $44,792
- Depreciation
- $11,471
Balance sheet and other
- Total assets, start of year
- $3,813,054
- Total assets, end of year
- $4,126,209
- Total liabilities, end of year
- $3,004,994
- Net assets, end of year
- $1,121,215
- Land, buildings and equipment
- $24,440
- Net assets without donor restrictions
- $1,121,215
- Gross receipts
- $3,237,928
- Employees
- 4
- Volunteers
- 0
- Year formed
- 1988
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GUNNAR BRANSON | CHIEF EXECUTIVE OFFICER Officer | 40 | $673,330 | $30,888 |
| ALEXANDRA MILLER | CHIEF OPERATING OFFICER Officer | 40 | $250,260 | $30,310 |
| BENJAMIN VAN LOON | COMMUNICATIONS DIRECTOR Highest-paid employee | 40 | $138,214 | $15,026 |
| ASMAIT TEWELDE | MEETING DIRECTOR Highest-paid employee | 40 | $135,453 | $14,947 |
| SYLVIA GROSS | PREVIOUS YEAR CHAIR Trustee or director | 1 | $0 | $0 |
| STEVEN MCCARTHY | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| AMY PRICE | DEPUTY CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MIKE HU | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PETER GREY-WOLF | MEMBER-AT-LARGE Trustee or director | 1 | $0 | $0 |
| MICHEL SCHRAM | CORPORATE SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ALEXIA GOTTSCHALCH | MEMBER-AT-LARGE Trustee or director | 1 | $0 | $0 |
| PAUL MEYER | GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $0 |
| BRYAN SANCHEZ | DIRECTOR OF PROGRAMS Trustee or director | 1 | $0 | $0 |
| TOMMY BROWN | MEMBER-AT-LARGE Trustee or director | 1 | $0 | $0 |
| BYRON CARLOCK | DIRECTOR OF LEGAL & TAX Trustee or director | 1 | $0 | $0 |
39 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE COLLINS | DIRECTOR OF MEMBER RETENTI Trustee or director | 1 | $0 |
| ERIC C WURTZEBACH | DIRECTOR Trustee or director | 0.25 | $0 |
| MIKE O'BRIEN | DIRECTOR Trustee or director | 0.25 | $0 |
| AMY ERIXON | DIRECTOR Trustee or director | 0.25 | $0 |
| MJ TURMEL | DIRECTOR Trustee or director | 0.25 | $0 |
| DENNIS LOPEZ | DIRECTOR Trustee or director | 0.25 | $0 |
| BARDO MAGEL | DIRECTOR Trustee or director | 0.25 | $0 |
| THOMAS O'SHEA | DIRECTOR Trustee or director | 0.25 | $0 |
| BYRON LAMOTTE | DIRECTOR Trustee or director | 0.25 | $0 |
| KAI-YAN LEE | DIRECTOR Trustee or director | 0.25 | $0 |
| ADAM LERER | DIRECTOR Trustee or director | 0.25 | $0 |
| MATT SCHOLL | DIRECTOR Trustee or director | 0.25 | $0 |
| IGNACIO DIEGO | DIRECTOR Trustee or director | 0.25 | $0 |
| WILL GIBBY | DIRECTOR Trustee or director | 0.25 | $0 |
| JAMIE DELMOTTE | DIRECTOR Trustee or director | 0.25 | $0 |
| IAN BROWNLOW | DIRECTOR Trustee or director | 0.25 | $0 |
| TOMMY MCKAY | DIRECTOR Trustee or director | 0.25 | $0 |
| EL ROSENHEIM | DIRECTOR Trustee or director | 0.25 | $0 |
| TADATSUGU MATSUTANI | DIRECTOR Trustee or director | 0.25 | $0 |
| RANDY WILBERT | DIRECTOR Trustee or director | 0.25 | $0 |
| ALI O ALGHANNAM | DIRECTOR Trustee or director | 0.25 | $0 |
| ABDULAZIZ AL-MARZOOQ | DIRECTOR Trustee or director | 0.25 | $0 |
| MARWAN ISBAIH | DIRECTOR Trustee or director | 0.25 | $0 |
| STEVE HASON | DIRECTOR Trustee or director | 0.25 | $0 |
| LARA OSTERHAUS | DIRECTOR Trustee or director | 0.25 | $0 |
| JOHN MCCARTHY | DIRECTOR Trustee or director | 0.25 | $0 |
| JOAO MADEIRA DE ANDRADE | DIRECTOR Trustee or director | 0.25 | $0 |
| GENGHIS HADI | DIRECTOR Trustee or director | 0.25 | $0 |
| SIMON TREACY | DIRECTOR Trustee or director | 0.25 | $0 |
| RALF WESSEL | DIRECTOR Trustee or director | 0.25 | $0 |
| WARD FITZGERALD | DIRECTOR Trustee or director | 0.25 | $0 |
| JOHN GELLATY | DIRECTOR Trustee or director | 0.25 | $0 |
| PABLO RABAGLIATI | DIRECTOR Trustee or director | 0.25 | $0 |
| PRITESH PATEL | DIRECTOR Trustee or director | 0.25 | $0 |
| LILI DUNN | DIRECTOR Trustee or director | 0.25 | $0 |
| KATHY BRISCOE | DIRECTOR Trustee or director | 0.25 | $0 |
| RALPH ROSENBERG | DIRECTOR Trustee or director | 0.25 | $0 |
| BRIAN KLINKSIEK | DIRECTOR Trustee or director | 0.25 | $0 |
| LANDON TAYLOR | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2023: 53 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GUNNAR BRANSON | CHIEF EXECUTIVE OFFICER Officer | 40 | $450,000 | $27,348 |
| ALEXANDRA MILLER | CHIEF OPERATING OFFICER Officer | 40 | $236,400 | $27,229 |
| BENJAMIN VAN LOON | COMMUNICATIONS DIRECTOR Highest-paid employee | 40 | $132,120 | $12,826 |
| ASMAIT TEWELDE | MEETING DIRECTOR Highest-paid employee | 40 | $129,800 | $12,654 |
| SYLVIA GROSS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| STEVEN MCCARTHY | DEPUTY CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| AMY PRICE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MIKE HU | CORPORATE SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PETER GREY-WOLF | MEMBER-AT-LARGE Trustee or director | 1 | $0 | $0 |
| MICHEL SCHRAM | MEMBER-AT-LARGE Trustee or director | 1 | $0 | $0 |
| ALEXIA GOTTSCHALCH | MEMBER-AT-LARGE Trustee or director | 1 | $0 | $0 |
| PAUL MEYER | GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $0 |
| BRYAN SANCHEZ | DIRECTOR OF PROGRAMS Trustee or director | 1 | $0 | $0 |
| JANICE STANTON | DIRECTOR OF MEMBERSHIP Trustee or director | 1 | $0 | $0 |
| BYRON CARLOCK | DIRECTOR OF LEGAL & TAX Trustee or director | 1 | $0 | $0 |
| STEVE COLLINS | DIRECTOR OF MEMBER RETENTI Trustee or director | 1 | $0 | $0 |
| KAREN HORSTMANN | PRIOR YEAR CHAIR Trustee or director | 1 | $0 | $0 |
| ERIC C WURTZEBACH | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| NAEL MUSTAFA | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| AMY ERIXON | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MJ TURMEL | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| AMER HAMMOUR | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BARDO MAGEL | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| THOMAS O'SHEA | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BYRON LAMOTTE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| KAI-YAN LEE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ALEXANDER HEJINK | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| CATHERINE PFEIFFENBERGER | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| IGNACIO DIEGO | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| WILL GIBBY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| RANDY GIRALDO | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| IAN BROWNLOW | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BARRY GREEN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| EL ROSENHEIM | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| TADATSUGU MATSUTANI | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| PETER VIEHE-NAESS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ALI O ALGHANNAM | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ABDULAZIZ AL-MARZOOQ | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MARWAN ISBAIH | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| STEVE HASON | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LARA OSTERHAUS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JOHN MCCARTHY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JOAO MADEIRA DE ANDRADE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| GENGHIS HADI | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| KRISTIN LEUNG | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| RALF WESSEL | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MICHAEL CAMPBELL | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JOHN GELLATY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| RUSSEL APPEL | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MAGGIE COLEMAN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LILI DUNN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| STANLEY IEZMAN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| RALPH ROSENBERG | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 510 KING ST STE 240, ALEXANDRIA, VA 22314-3132
- Principal officer (990 for 2024)
- GUNNAR BRANSON, 510 KING STREET 240, ALEXANDRIA, VA 22314
- Signed the 990
- GUNNAR BRANSON, CHIEF EXECUTIVE OFFICER
- Phone
- (202) 312-1400
- Website
- WWW.AFIRE.ORG
- Return prepared by
- LANIGAN RYAN PC
Mission
TO PROMOTE GOODWILL AND EDUCATE THE U.S. PUBLIC ABOUT THE BENEFITS OF FOREIGN CAPITAL BEING INVESTED IN THE U.S. REAL ESTATE MARKET.
Program accomplishments
- THE ASSOCIATION CONDUCTS SEVERAL MEMBERSHIP MEETINGS THROUGHOUT THE YEAR THAT ARE HELD IN THE UNITED STATES, EUROPE, AND ASIA. THE MEETINGS FEATURE SPEAKERS AND OTHER CURRENT MATTERS OF INTEREST AFFECTING INTERNATIONAL REAL ESTATE INVESTMENTS. AFIRE HELD SIX (6) IN-PERSON EVENTS IN 2024 WITH A TOTAL ATTENDANCE OF 825 PEOPLE.
- AS THE OFFICIAL VOICE OF THE FOREIGN REAL ESTATE INDUSTRY IN THE UNITED STATES, THE ASSOCIATION REPRESENTS THE INTERESTS OF INBOUND INVESTMENT FROM 24 DIFFERENT COUNTRIES. THE ASSOCIATION PROVIDES AN EXCLUSIVE ENVIRONMENT WHERE PRINCIPALS AND SENIOR EXECUTIVES CAN MEET AND EXCHANGE INFORMATION. WE ALSO PROVIDE EXPOSURE TO INFLUENTIAL US POLICY MAKERS AND OPINION LEADERS, UPDATES ON IMPORTANT LEGISLATION AND TAX REGULATIONS, AND INFORMATIVE PUBLICATIONS DEDICATED TO ENSURING THAT THE NON-US INVESTOR IS AS INFORMED AS THE DOMESTIC INVESTOR. THE ASSOCIATION IS GOVERNED SOLELY BY NON-US INVESTOR INSTITUTIONS THROUGH THEIR DESIGNATED DELEGATES AND MANAGED BY A FULL-TIME STAFF IN WASHINGTON, DC.
- THE ASSOCIATION PROVIDES ACCESS TO THEIR MEMBERS, VIA THE INTERNET, TO THE THRICE-YEARLY PUBLICATION, SUMMIT JOURNAL, FEATURING ARTICLES ON REAL ESTATE INVESTING, MARKET TRENDS, TAX AND LEGAL ISSUES, AND OTHER GERMANE TOPICS. EACH YEAR THE ASSOCIATION PUBLISHES A DIRECTORY OF ITS MEMBERS, WHICH IS AVAILABLE ONLY TO MEMBERS VIA THE MEMBERS ONLY WEBSITE.
- THE ASSOCIATION HAS 182 CORPORATE MEMBERS, REPRESENTING APPROXIMATELY 675 INDIVIDUALS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1565478
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,126,209
- Income (IRS master file)
- $3,237,928
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,237,928 | $3,049,791 | $4,126,209 | XML |
| 990 | December 2023 | $3,162,219 | $2,810,434 | $3,813,054 | XML |
| 990 | December 2022 | $2,522,387 | $2,977,015 | $2,138,726 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1565478).
Questions about ASSOCIATION OF FOREIGN INVESTORS IN REAL ESTATE
- What is the EIN of ASSOCIATION OF FOREIGN INVESTORS IN REAL ESTATE?
- The employer identification number (EIN) of ASSOCIATION OF FOREIGN INVESTORS IN REAL ESTATE is 52-1565478.
- Is ASSOCIATION OF FOREIGN INVESTORS IN REAL ESTATE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1990.
- Are donations to ASSOCIATION OF FOREIGN INVESTORS IN REAL ESTATE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ASSOCIATION OF FOREIGN INVESTORS IN REAL ESTATE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASSOCIATION OF FOREIGN INVESTORS IN REAL ESTATE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASSOCIATION OF FOREIGN INVESTORS IN REAL ESTATE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ASSOCIATION OF FOREIGN INVESTORS IN REAL ESTATE?
- The 990 for the year ended December 31, 2024 names GUNNAR BRANSON.
- Who are the officers and directors of ASSOCIATION OF FOREIGN INVESTORS IN REAL ESTATE?
- The 990 for the year ended December 31, 2024 lists 54 people; 4 received compensation from the organization, the highest $673,330 (GUNNAR BRANSON, CHIEF EXECUTIVE OFFICER).
- How much revenue does ASSOCIATION OF FOREIGN INVESTORS IN REAL ESTATE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,237,928, expenses of $3,049,791 and total assets of $4,126,209 at year end.
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