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Organizations Naras Properties Inc.

Naras Properties Inc.

Fiscal year ending 2020. Filed on June 15, 2021.

3030 Olympic Boulevard
Santa Monica, California 90404

Naras Properties Inc. (EIN: 95-4516666) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Naras Properties Inc., a 501(c)(2) title-holding organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $770,287. The highest compensated employee at Naras Properties Inc. is Neil Portnow with fiscal year 2020 compensation of $1,444,816.

Revenue, expenses, and employee compensation

Revenue

$4,458,045

Expenses

$1,199,132

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Neil Portnow
Former Officer (President/Ceo)
$1,444,816
$0 $1,420,894 $23,922
Deborah Szulansky
President/Ceo (8/1/19 to 3/2/20)
$697,198
$0 $688,164 $9,034
Branden Chapman
EXEC PROD Chief BUS Officer
$504,634
$0 $470,952 $33,682
Wayne Zahner
Chief Financial Officer
$434,499
$0 $407,014 $27,485

Benchmark Employee Compensation

Non-Employee Board Members

Harvey Mason Chair To 320
Acting CEO (From 3/20)

Contractors

Stewart Senter Inc.
Builders
$1,035,841
Wolcott Architecture Interiors
Interior Designer
$140,920

Mission Statement

TO HOLD REAL PROPERTY, COLLECT RENT THEREFROM AND TURN OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO THE NATIONAL ACADEMY OF RECORDING ARTS & SCIENCES, INC.

Revisions to this organization profile

June 16, 2025:
2024 Naras Properties Inc. 990 filed
June 17, 2024:
2023 Naras Properties Inc. 990 filed
June 15, 2023:
2022 Naras Properties Inc. 990 filed

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