American Rental Association is located in Milford, MA. 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 a subordinate organization within an affiliated group for tax-exemption purposes. American Rental 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 06/2023, American Rental Association generated $50.2k in total revenue. All expenses for the organization totaled $54.3k during the year ending 06/2023.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS A TRADE ASSOCIATION THAT PROMOTES THE RENTAL INDUSTRY IN MASSACHUSETTS BY HOLDING VARIOUS CONVENTIONS AND EVENTS. ARA PROVIDES ITS MEMBERS WITH EDUCATIONAL PROGRAMS, NETWORKING EVENTS, AND UPDATES ON MATTERS WITHIN THE RENTAL INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stefani Donabedian President | 0 | $0 | |
Laura Jacobs Albert Vice President | 0 | $0 | |
Joseph Kikta Treasurer | 0 | $0 | |
Steve Cugini Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $544 |
Total Program Service Revenue | $49,638 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $50,184 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $54,347 |
Total expenses | $54,347 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,315 |
Other assets | $0 |
Total assets | $20,315 |
Total liabilities | $0 |
Net assets or fund balances | $20,315 |