North Texas Rental Properties Assn
- Assets
- $39.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita Falls, TX
- Founding
- 09/1979
- Data as of
- 05/2024
- EIN
- 75-1658230
Organization Overview
North Texas Rental Properties Assn is located in Wichita Falls, TX. The organization was established in 1979. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. North Texas Rental Properties Assn 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 05/2024, North Texas Rental Properties Assn generated $38.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $47.9k during the year ending 05/2024. While expenses have increased by 9.8% per year over the past 6 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDES INFORMATION TO MEMBERS AND PUBLIC REGARDING LAWS, MANAGEMENT PRACTICES AND THE NECESSARY LEGAL FORMS PERTAINING TO OWNERS OF REAL ESTATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kori Brown President | 1.25 | $0 | |
Larry Lewis Vice President | 1 | $0 | |
Renee Simbler Director | 1 | $0 | |
Sandi Burch Assoc. Exec. | 15 | $18,000 | |
Kelli Lindsay Director | 1 | $0 | |
Linda Mccaffery Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,903 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,451 |
| Total Revenue | $38,354 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,000 |
| Professional fees and other payments to independent contractors | $675 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,191 |
| Total expenses | $47,866 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,403 |
| Other assets | $0 |
| Total assets | $39,403 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,403 |