Community Associations Institute
- Assets
- $339.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlantic City, NJ
- Founding
- 05/1979
- Data as of
- 12/2022
- EIN
- 57-0990105
Organization Overview
Community Associations Institute is located in Atlantic City, NJ. The organization was established in 1979. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Community Associations Institute 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, Community Associations Institute generated $196.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $169.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 8 years. 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 Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION AND ADVISORY SERVICES TO PROPERTY OWNER ASSOCIATIONS IN THE STATE OF SC.
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL PROGRAMS FOR HOMEOWNERS AND MANAGERS OFCOMMUNITY ASSOCIATIONS IN VARIOUS LOCATIONS THROUGHOUT THESTATE OF SOUTH CAROLINA - (AS A RESULT OF THE COVID-19 VIRUS AND PANDEMIC, THESE PROGRAMS WERE NOT APPLICABLE DURING THE 2021 YEAR)
EXPENSES ASSOCIATED WITH ANNUAL MEETING FOR ASSOCIATION MEMBERSAND NON-MEMBERS HELD IN SOUTH CAROLINA - (AS A RESULT OF THE COVID-19 VIRUS AND PANDEMIC, THESE PROGRAMS WERE NOT APPLICABLE DURING THE 2021 YEAR)
LEGISLATION ADVOCACY, SUPPORT & EFFORTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Ramsey Board Member | 5 | $0 | |
Richard Carlson Board Member | 5 | $0 | |
Katie Mell Board Member | 5 | $0 | |
Beth Bellew Board Member | 5 | $0 | |
Elliotte Quinn Board Member | 5 | $0 | |
Tricia Ostendorff President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $131,341 |
| Membership dues | $36,385 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $29,057 |
| Total Revenue | $196,783 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,946 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $167,036 |
| Total expenses | $168,982 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $278,681 |
| Other assets | $0 |
| Total assets | $339,072 |
| Total liabilities | $148,666 |
| Net assets or fund balances | $190,406 |