Rental Association Of Wenatchee Valley
- Assets
- $80.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wenatchee, WA
- Founding
- 05/1984
- Data as of
- 12/2022
- EIN
- 91-1229024
Organization Overview
Rental Association Of Wenatchee Valley is located in Wenatchee, WA. The organization was established in 1984. 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. Rental Association Of Wenatchee Valley 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, Rental Association Of Wenatchee Valley generated $22.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $24.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
THE RENTAL ASSOCIATION SERVES PROPERTY OWNERS BY PROVIDING RENTAL NEWS, ACCESS TO A CREDIT REPORTING SERVICE, EDUCATIONAL MEETINGS AND RENTAL FORMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Gordon President | 2 | $0 | |
Emilka Furmanczyk Vice Preside | 1 | $0 | |
Pam Schamens Treasurer | 1 | $0 | |
Adriana Torres Secretary | 1 | $0 | |
Loretta Watson Board Member | 1 | $0 | |
Peter Munro Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $22,412 |
| Investment income | $113 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,525 |
| 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 | $20,465 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,912 |
| Total expenses | $24,377 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,956 |
| Other assets | $0 |
| Total assets | $79,966 |
| Total liabilities | $8,226 |
| Net assets or fund balances | $71,740 |