The Pendel Assisted Housing Management Association Inc

Organization Overview

The Pendel Assisted Housing Management Association Inc is located in Cherry Hill, NJ. The organization was established in 2008. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pendel Assisted Housing Management Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Pendel Assisted Housing Management Association Inc generated $128.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $149.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF PENNDEL AHMA IS TO PROVIDE A MEDIUM FOR THE EXCHANGE OF INFORMATION AMONG THE OWNERS, MANAGING AGENTS AND VARIOUS GOVERNMENTAL ENTITIES INVOLVED IN THE AFFORDABLE HOUSING INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL SERVICES TO OUR MEMBERS FOR CONTINUINGEDUCATION; PERIODIC INFORMATION UPDATES; AWARD RECOGNITIONPROGRAMS INCLUDING COMMUNITIES OF QUALITY AND POSTERCALENDAR CONTESTS.


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Board, Officers & Key Employees

Name (title)Compensation
Eileen Wirth
Past President
$0
Chuck Durnin
President
$0
Jane Lahage
2nd Vice President
$0
Erin Devlin
Secretary
$0
David Deaugustine
1st Vice President
$0
Paul Cohen
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$44,851
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$44,851
Total Program Service Revenue$83,710
Investment income $62
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $128,623

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