Florida Association Of Housing And Redevelopment Officials
- Assets
- $112.8k
- Revenue
- $341.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 09/1989
- Data as of
- 09/2023
- EIN
- 23-0724683
Organization Overview
Florida Association Of Housing And Redevelopment Officials is located in Tallahassee, FL. The organization was established in 1989. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, 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. Florida Association Of Housing And Redevelopment Officials 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 09/2023, Florida Association Of Housing And Redevelopment Officials generated $341.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $333.7k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FAHRO IS COMMITTED TO THE PROFESSIONAL DEVELOPMENT OF THE PEOPLE WHO PROVIDE PUBLIC, ASSISTED, AND OTHER AFFORDABLE HOUSING IN FLORIDA, BY OFFERING A NETWORK FOR INCREASED COMMUNICATION AND EDUCATION. FAHRO WILL CONTINUE TO SUPPORT LEGISLATION FOR THE IMPROVEMENT AND DEVELOPMENT OF AFFORDABLE HOUSING AND ECONOMIC OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION. THE ANNUAL CONVENTION PROVIDES TRAINING TO EXECUTIVE AND ADMINISTRATIVE LEVEL STAFF, MAINTENANCE EDUCATION, AND HOUSING AND URBAN DEVELOPMENT (HUD) REQUIREMENTS TRAINING. THE CONVENTION ALSO SERVES AS THE ANNUAL MEMBER MEETING AND TRADESHOW.
EXECUTIVE DIRECTOR FORUM: THE EXECUTIVE DIRECTORS FORUM PROVIDES EXECUTIVE DIRECTORS OF PUBLIC HOUSING AGENCIES WITH INFORMATION AND TRAINING ON THEIR RESPONSIBILITIES AS WELL WAS THEIR HUD RESPONSIBILITIES.
REGIONAL TRAINING: THE ORGANIZATION OFFERS REGIONAL TRAINING ON VARIOUS TOPICS PICKED BY THE ORGANIZATION(S) THAT HAVE REQUESTED THE TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerome Ryans Member At Large | Trustee | 2 | $0 |
Gail Sansbury Member At Large | Trustee | 2 | $0 |
Julio Ponce Member At Large | Trustee | 2 | $0 |
Kurt Pentelecuc Member At Large | Trustee | 2 | $0 |
Pamela Davis Member At Large | Trustee | 2 | $0 |
Dr Gwendolyn Dawson Member At Large | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Membership Services Inc Management | 9/29/17 | $112,500 |
Disney Destinations Annual Convention Location | 9/29/17 | $124,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $171,850 |
| 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 | $171,850 |
| Total Program Service Revenue | $169,343 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $341,193 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $119,606 |
| Fees for services: Legal | $750 |
| 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 | $35,000 |
| Advertising and promotion | $0 |
| Office expenses | $16,149 |
| Information technology | $4,532 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $248 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $156,102 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,272 |
| All other expenses | $0 |
| Total functional expenses | $333,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,762 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,525 |
| 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 | $2,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $112,787 |
| Accounts payable and accrued expenses | $9,081 |
| Grants payable | $0 |
| Deferred revenue | $17,238 |
| 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 | $26,319 |
| Net assets without donor restrictions | $86,468 |
| 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 | $112,787 |