Apartment Association of Greater Los Angeles Issues PAC
- Assets
- $78.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2023
- EIN
- 82-5422464
Organization Overview
Apartment Association of Greater Los Angeles Issues PAC, operating under the name Issues PAC of Apartment Association of Greater Los Angeles - No on 21, is located in Los Angeles, CA. Issues PAC of Apartment Association of Greater Los Angeles - No on 21 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, Issues PAC of Apartment Association of Greater Los Angeles - No on 21 generated $170.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.0%) each year. All expenses for the organization totaled $125.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (34.5%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
SUPPORTING ORGANIZATIONS THAT ADVOCATE FOR REASONABLE PUBLIC POLICIES TO ENSURE AFFORDABLE, QUALITY RENTAL HOUSING AT THE STATE AND LOCAL LEVEL IN CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Patel Director/chair Of The Board | 1 | $0 | |
Earle Vaughan Director | 0.5 | $0 | |
Larry Cannizzaro Director | 0.5 | $0 | |
Cheryl Turner Director | 0.5 | $0 | |
Rich Kissel Director | 0.5 | $0 | |
Cary Davidson Treasurer/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,099 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,099 |
| 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 | $19,053 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,165 |
| Total expenses | $125,218 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,245 |
| Other assets | $0 |
| Total assets | $78,245 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,245 |
Grants Awarded
Over the last fiscal year, Apartment Association of Greater Los Angeles Issues PAC has awarded $470,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NO ON PROP 21 - CALIFORNIANS TO PROTECT AFFORDABLE HOUSING PURPOSE: Ballot measure contribution | $445,000 |
BURBANK CITIZENS FOR RESPONSIBLE GOVERNMENT - NO ON RC PURPOSE: Ballot measure contribution | $25,000 |