Rental Property Association Of Wisconsin Inc
- Assets
- $385.7k
- Revenue
- $217.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 08/1979
- Data as of
- 12/2023
- EIN
- 39-1260127
Organization Overview
Rental Property Association Of Wisconsin Inc is located in Milwaukee, WI. The organization was established in 1979. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rental Property Association Of Wisconsin 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 12/2023, Rental Property Association Of Wisconsin Inc generated $217.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $168.7k during the year ending 12/2023. While expenses have increased by 4.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT PROPERTY OWNERS IN THE STATE OF WISCONSIN AND TO BE A FORUM FOR THE EXCHANGE OF IDEAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEN MONTHLY MEETINGS WITH EDUCATIONAL SPEAKERS, SEVEN ADDITIONAL EVENTS AND SEMINARS AND AN ANNUAL TRADE SHOW WERE HELD TO PROVIDE MEMBERS WITH AN OPPORTUNITY TO DISCUSS ISSUES RELATING TO THE APARTMENT RENTAL INDUSTRY AND UPDATE THEM ON NEW DEVELOPMENTS. THE ORGANIZATION HAS APPROXIMATELY 464 MEMBERS OF WHICH AN AVERAGE OF 100 ATTEND EACH MEETING. THE TRADE SHOW HAD SOME 500 ATTENDEES. THE ORGANIZATION ALSO PUBLISHES A MONTHLY MEMBERSHIP NEWSLETTER. THE ORGANIZATION IS INVOLVED WITH LEGISLATIVE ACTIVITIES AT THE STATE AND LOCAL LEVELS ON ISSUES RELATED TO RESIDENTIAL PROPERTY OWNERSHIP AND OPERATION.
BOOT CAMP - TWO LANDLORD TENANT LAW BOOT CAMPS AROUND 100 MEMBERS ATTENDED EACH ONE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tristan Pettit Executive Committee | Trustee | 2 | $11,806 |
Tim Ballering Treasurer/executive Commit | Trustee | 2 | $0 |
Mike Cottrell President | Trustee | 2 | $0 |
Dawn Anastasi Executive Committee | Trustee | 2 | $0 |
Steve Belter Director | Trustee | 2 | $0 |
Kurt Kasdorf Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $216,439 |
| Investment income | $821 |
| 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 | $217,260 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $11,806 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,560 |
| Advertising and promotion | $10,427 |
| Office expenses | $13,078 |
| Information technology | $3,082 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $76,726 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,275 |
| All other expenses | $0 |
| Total functional expenses | $168,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,713 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $385,713 |
| Accounts payable and accrued expenses | $6,512 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,512 |
| Net assets without donor restrictions | $379,201 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $385,713 |