National Retail Tenants Association Inc
- Assets
- $272.8k
- Revenue
- $177.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Hampden, MA
- Founding
- 09/1997
- Data as of
- 12/2021
- EIN
- 22-3517500
Organization Overview
National Retail Tenants Association Inc is located in Hampden, MA. The organization was established in 1997. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, National Retail Tenants Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Retail Tenants Association Inc 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 12/2021, National Retail Tenants Association Inc generated $177.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $204.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND PROMOTE EQUITABLE ADMINISTRATION OF COMMERCIAL LEASES AND ASSOCIATED EXPENSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DID NOT HOLD A CONFERENCE DUE TO COVID-19.
THE ORGANIZATION CREATED EDUCATIONAL CONTENT RELATED TO THE ADMINISTRATION OF LEASES AND MADE IT AVAILABLE TO MEMBERSHIP AND OTHERS FOR A FEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Krizekpart Yr Executive Director | Officer | 25 | $30,494 |
Debbie Ravel President | OfficerTrustee | 2 | $0 |
George Elefther Vice President | OfficerTrustee | 2 | $0 |
Pam Myers Secretary | OfficerTrustee | 2 | $0 |
Caleb Smith Treasurer | OfficerTrustee | 2 | $0 |
Glen Brown Governor | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $44,247 |
| 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 | $44,247 |
| Total Program Service Revenue | $82,120 |
| Investment income | $5,159 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,658 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $177,277 |
| 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. | $58,304 |
| Compensation of current officers, directors, key employees. | $58,304 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,897 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,516 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $163 |
| Fees for services: Accounting | $2,895 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $38,069 |
| Office expenses | $3,002 |
| Information technology | $6,298 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $375 |
| Interest | $133 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,613 |
| Insurance | $4,107 |
| All other expenses | $7,776 |
| Total functional expenses | $204,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $76,954 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $14,080 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,000 |
| Net Land, buildings, and equipment | $3,498 |
| Investments—publicly traded securities | $164,230 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,998 |
| Other assets | $0 |
| Total assets | $272,760 |
| Accounts payable and accrued expenses | $1,530 |
| Grants payable | $0 |
| Deferred revenue | $70,037 |
| 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 | $71,567 |
| Net assets without donor restrictions | $201,193 |
| Net assets with donor restrictions | $0 |
| 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 | $272,760 |
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St Vincents Development Inc Trumbull, CT | $27,854,287 | $3,404,975 |
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