Self Storage Association
- Assets
- $13.1m
- Revenue
- $10.5m
- Investments
- $0.0
- Employees
- 17
- Location
- Alexandria, VA
- Founding
- 05/1976
- Data as of
- 12/2023
- EIN
- 71-0552035
Organization Overview
Self Storage Association is located in Alexandria, VA. The organization was established in 1976. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Self Storage Association employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Self Storage 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 12/2023, Self Storage Association generated $10.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $8.3m during the year ending 12/2023. While expenses have increased by 7.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION REPRESENTS THE INTEREST OF OWNERS, OPERATORS, AND SUPPLIERS OF THE SELF STORAGE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP: SELF STORAGE ASSOCIATION WAS FORMED TO PROTECT THE INTEREST OF OWNERS, OPERATORS AND SUPPLIERS OF THE SELF STORAGE INUDSTRY THROUGH EDUCATION, TRAINING, CONVENTIONS AND SEMINARS
MEETINGS AND CONFERENCES: SELF STORAGE PERFORMS MARKET RESEARCH STUDIES AND ADVERTISING TO ENHANCE THE IMAGE OF SELF STORAGE. IT SERVES AS A KNOWLEDGE BROKER TO ITS MEMBERS VIA MEETINGS AND CONFERENCES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alyssa Quill Vice Chair | Trustee | 10 | $0 |
Tim Dietz President | OfficerTrustee | 50 | $506,165 |
Jefferson Shreve Immediate Past Chair | Trustee | 10 | $0 |
Wes Carter Treasurer | Trustee | 5 | $0 |
Tamara Fischer Chair | Trustee | 5 | $0 |
Adam Mikkelson National Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mgm Grand Hotel Llc Rental Management | 12/30/23 | $1,053,827 |
Prestige Av Av Services | 12/30/23 | $412,684 |
Carefirst Bcbs (Group Hospital Mgmt) Medical Administration | 12/30/23 | $238,679 |
C&r Research Marketing | 12/30/23 | $219,050 |
American Gear Manufacturers Association General Services | 12/30/23 | $178,231 |
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 | $9,544,501 |
| Investment income | $373,029 |
| 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 | $10,484,491 |
| 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. | $879,929 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,683,583 |
| Pension plan accruals and contributions | $153,707 |
| Other employee benefits | $111,440 |
| Payroll taxes | $165,748 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40,576 |
| Fees for services: Accounting | $57,356 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $46,133 |
| Fees for services: Other | $736,608 |
| Advertising and promotion | $719,138 |
| Office expenses | $482,330 |
| Information technology | $52,008 |
| Royalties | $0 |
| Occupancy | $241,817 |
| Travel | $187,775 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,648 |
| Interest | $94 |
| Payments to affiliates | $5,734 |
| Depreciation, depletion, and amortization | $25,149 |
| Insurance | $36,490 |
| All other expenses | $0 |
| Total functional expenses | $8,337,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $448,981 |
| Savings and temporary cash investments | $4,591,571 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $186,769 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $119,919 |
| Prepaid expenses and deferred charges | $203,362 |
| Net Land, buildings, and equipment | $20,294 |
| Investments—publicly traded securities | $7,302,894 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $127,100 |
| Other assets | $64,664 |
| Total assets | $13,065,554 |
| Accounts payable and accrued expenses | $673,915 |
| Grants payable | $0 |
| Deferred revenue | $2,157,278 |
| 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 | $2,831,193 |
| Net assets without donor restrictions | $10,230,771 |
| Net assets with donor restrictions | $3,590 |
| 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 | $13,065,554 |