Apartment Association Of Central Texas Inc
- Assets
- $127.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Harker Heights, TX
- Founding
- 01/1985
- Data as of
- 12/2021
- EIN
- 74-2308985
Organization Overview
Apartment Association Of Central Texas Inc is located in Harker Heights, TX. The organization was established in 1985. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Apartment Association Of Central Texas 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, Apartment Association Of Central Texas Inc generated $96.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $92.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
CONTINUED TO PROVIDE CONTINUING EDUCATION FOR MEMBERS OF THE ASSOCIATION INCLUDING HOSTING EDUCATIONAL EVENTS, NETWORKING EVENTS, AND COMMUNITY OUTREACH EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Vann Executive Director | 40 | $47,201 | |
Lisa-Marie Mcgaughey President | 8 | $0 | |
Robert Price Director | 5 | $0 | |
Kimberly Stanford Director | 5 | $0 | |
Gisele Alba Director | 8 | $0 | |
Greg Berbrich Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,280 |
| Total Program Service Revenue | $11,975 |
| Membership dues | $42,095 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $21,173 |
| Total Revenue | $96,121 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,199 |
| Professional fees and other payments to independent contractors | $6,891 |
| Occupancy, rent, utilities, and maintenance | $4,759 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,814 |
| Total expenses | $92,663 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,331 |
| Other assets | $0 |
| Total assets | $127,305 |
| Total liabilities | $5,873 |
| Net assets or fund balances | $121,432 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sand Springs Home Sand Springs, OK | $70,860,771 | $5,861,443 |
Santa Fe Community Housing Tr Santa Fe, NM | $45,526,696 | $6,534,024 |
Village Project Inc Houston, TX | $61,521,022 | $3,671,137 |
Speck Homes Inc Oklahoma City, OK | $1,586,940 | $3,986,679 |
Na Nizhoozhi Center Inc Gallup, NM | $616,867 | $2,436,730 |
Tanglewood Homes Association Inc Houston, TX | $2,297,553 | $1,937,017 |
Apartment Association Of Tarrant County Inc Hurst, TX | $2,773,713 | $2,419,564 |
New Haven Home Inc Mineral Wells, TX | $302,697 | $1,884,553 |
Houston Heights Tower Corp Houston, TX | $12,149,037 | $1,586,830 |
Mcfaddin Ward House Inc Beaumont, TX | $2,713,754 | $1,554,006 |
Women In Need Inc Greenville, TX | $1,667,911 | $1,441,318 |
Watersprings Ranch Inc Texarkana, AR | $4,812,881 | $1,718,066 |