The Multifamily Impact Council
Nonprofit profile at a glance
- EIN
- 880844004
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025
- Location
- Sioux Falls, SD, USA
- Phone
- 6053764542
- Rating confidence
- Limited
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $534,140
- Expenses
- $506,544
- Assets
- $207,970
- Liabilities
- $10,609
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- BOB SIMPSON (PRES, SEC & CEO)
People named in this filing
- BOB SIMPSON (PRES, SEC & CEO)
- ANTONIO MARQUEZ (CHAIR)
- SUMMER HALTI (VICE CHAIR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We exist for the good of the industry. We empower impact motivated owners and investors to do well, do good, and do more together. We will partner with anyone who shares our belief that healthy, financially stable renters create healthy, financially stable properties. Our trademarked multifamily impact framework represents the industry standard for impact investing in the united states. Through it, we maintain seven core principles that define minimum impact threshold requirements and articulate reporting metrics that promote transparency and enable members to establish meaningful, tangible, and aligned impact goals.we make it easier for impact investment professionals to build relationships, access research and share best practices that educate, train, and support the career growth of impact professionals in the rental housing sector. Our expertise is growing the industry's expertise.
What it reported doing in 2025
Maintained an on-line platform to share information, research and best practices to our members and the broader multi-family (mf) industry via our multifamily impact council (mic) resource center - an online library of research, tools, and best practices across each of our 7 impact principles.maintained a monthly mic newsletter and quarterly webinars to share information and highlight best practices and key topics of interest to the mf impact investment community.
Operating model
- Revenue model
- Membership-supported. 99% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 93
- Accountability: 66
- Sustainability: 42
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 87.5%; rating input score 88; 3rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 22nd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 5.2%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0.41; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 20.6% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: -45.9% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 5 of 6 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Highest-paid contractors: 1 contractor listed · $327K reported
- Consistency: 9 of 10 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 45/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.