American Rental Association is located in Rochester, NY. The organization was established in 1984. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Rental Association 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 06/2020, American Rental Association generated $36.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $19.5k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (20.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Olinger President | 2 | $0 | |
David Mansbart Vice President | 2 | $0 | |
Richard J Dimarco II Treasurer | 1 | $0 | |
Liz Davis Secretary | 1 | $0 | |
Steve Gross Board Member | 1 | $0 | |
Lauren Harris Marketing Chair | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $14,050 |
Membership dues | $22,021 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $36,071 |
Statement of Expenses | |
---|---|
Total expenses | $19,485 |
Balance Sheet | |
---|---|
Total assets | $54,761 |
Total liabilities | $0 |
Net assets or fund balances | $54,761 |