Arizona Multi-Housing Association
- Assets
- $5.8m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 12
- Location
- Phoenix, AZ
- Founding
- 05/1967
- Data as of
- 12/2022
- EIN
- 86-0210619
Organization Overview
Arizona Multi-Housing Association is located in Phoenix, AZ. The organization was established in 1967. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Arizona Multi-Housing Association employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Multi-Housing 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 12/2022, Arizona Multi-Housing Association generated $3.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $3.7m during the year ending 12/2022. While expenses have increased by 12.9% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
REPRESENT, ADVOCATE AND EDUCATE ARIZONA'S RENTAL HOUSING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE ARIZONA MULTIHOUSING ASSOCIATION IS TO REPRESENT, ADVOCATE AND EDUCATE ARIZONA'S RENTAL HOUSING COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Flor Aparicio Director | Trustee | 1 | $0 |
Elizabeth Beaulieu Director | Trustee | 1 | $0 |
Krisanne Beckstead Director | Trustee | 1 | $0 |
Ann Boomsma Director | Trustee | 1 | $0 |
Dahnn Brown Director | Trustee | 1 | $0 |
Luz Bruscini Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capitol Consulting Llc Consulting | 12/30/21 | $395,900 |
Schneider & Schneider Llc Rental Management | 12/30/21 | $130,304 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,599,260 |
| 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 | $1,599,260 |
| Total Program Service Revenue | $1,558,495 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $774,700 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,609,545 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $905,690 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $92,090 |
| Payroll taxes | $72,950 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $29,585 |
| Information technology | $76,230 |
| Royalties | $0 |
| Occupancy | $185,250 |
| Travel | $34,540 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $89,461 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,680 |
| All other expenses | $77,837 |
| Total functional expenses | $3,658,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,526,412 |
| Savings and temporary cash investments | $2,691,520 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,514,840 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $54,100 |
| Net Land, buildings, and equipment | $30,072 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $10,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,826,944 |
| Accounts payable and accrued expenses | $66,520 |
| Grants payable | $0 |
| Deferred revenue | $737,560 |
| 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 | $804,080 |
| Net assets without donor restrictions | $3,554,829 |
| Net assets with donor restrictions | $1,468,035 |
| 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 | $5,826,944 |