Heart Of Texas Apartment Association Inc is located in Waco, TX. The organization was established in 1979. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heart Of Texas Apartment Association 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 12/2021, Heart Of Texas Apartment Association Inc generated $116.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $113.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ferlisa Raglin President | 0 | $0 | |
Jennifer Sykora Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,000 |
| Total Program Service Revenue | $9,870 |
| Membership dues | $83,385 |
| Investment income | $42 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,767 |
| Other Revenue | $9,133 |
| Total Revenue | $116,723 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,616 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,932 |
| Printing, publications, postage, and shipping | $157 |
| Other expenses | $49,311 |
| Total expenses | $113,016 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,278 |
| Other assets | $0 |
| Total assets | $41,079 |
| Total liabilities | $5,061 |
| Net assets or fund balances | $36,018 |