First State Manufactured Housing Association is located in Dover, DE. The organization was established in 1995. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First State Manufactured Housing 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 12/2022, First State Manufactured Housing Association generated $171.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $140.5k during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDES SUPPORT AND EDUCATION FOR ITS MEMBERS THROUGH SEMINARS THAT DISCUSS SUCH ITEMS AS LANDLORD TENANT CODE, LICENSING REQUIREMENTS, ZONING, SALES, AND LEGISLATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lincoln Davis Secretary | 1 | $0 | |
Steve Class Director | 1 | $0 | |
Sean Dalton Director | 1 | $0 | |
Nicole Faries ESQ Director | 1 | $0 | |
Robert Tunnell III President | 1 | $0 | |
Michael P Morton ESQ Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $16,228 |
Membership dues | $148,208 |
Investment income | $6,551 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $170,987 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $61,677 |
Professional fees and other payments to independent contractors | $23,789 |
Occupancy, rent, utilities, and maintenance | $20,588 |
Printing, publications, postage, and shipping | $4,243 |
Other expenses | $30,239 |
Total expenses | $140,536 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $308,173 |
Other assets | $0 |
Total assets | $309,569 |
Total liabilities | $0 |
Net assets or fund balances | $309,569 |
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