Apartment Association Of Greater Orlando Inc is located in Maitland, FL. The organization was established in 1973. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Apartment Association Of Greater Orlando Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apartment Association Of Greater Orlando 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 12/2023, Apartment Association Of Greater Orlando Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 1.0% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE OF MULTI-HOUSING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSOCIATES COMMITTEE - HOLDS TRADE SHOWS & CONDUCTS LUNCHEONS FOR VENDORS THAT SERVICE THE MULTIPLE UNIT HOUSING INDUSTRY.
ASSOCIATION MEETINGS - PROMOTES THE EXCHANGE OF IDEAS AMONG OWNERS OF MULTIPLE UNIT HOUSING REGARDING SUCH TOPICS AS AFFORDABLE HOUSING, SENIOR HOUSING, ETC.
EDUCATION COMMITTEE - CONDUCTS SEMINARS FOR CERTIFICATION OF OWNERS OF MULTIPLE UNIT HOUSING.
PUBLICATION COMMITTEE - PUBLISHES NEWSLETTERS AND BUYERS GUIDES FOR OWNERS OF MULTIPLE UNIT HOUSING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rachelle Hundley President | OfficerTrustee | 1 | $0 |
Deborah Gentry Vice President | OfficerTrustee | 1 | $0 |
Kathy Hensley Treasurer | OfficerTrustee | 1 | $0 |
Melissa Dugas Secretary | OfficerTrustee | 1 | $0 |
Justin Frost Associates Vice President | OfficerTrustee | 1 | $0 |
Lee Rogers Immediate Past Present | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,117,059 |
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 | $1,117,059 |
Total Program Service Revenue | $341,025 |
Investment income | $9,904 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$4,768 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $268,177 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,783,305 |
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. | $130,915 |
Compensation of current officers, directors, key employees. | $16,998 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $348,378 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $68,980 |
Payroll taxes | $39,119 |
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 | $147,975 |
Advertising and promotion | $0 |
Office expenses | $17,691 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $27,543 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $111,482 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $67,788 |
Insurance | $18,035 |
All other expenses | $177,434 |
Total functional expenses | $1,544,654 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,379,532 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $66,508 |
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 | $65,570 |
Net Land, buildings, and equipment | $365,596 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,877,206 |
Accounts payable and accrued expenses | $179,301 |
Grants payable | $0 |
Deferred revenue | $417,510 |
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 | $596,811 |
Net assets without donor restrictions | $228,270 |
Net assets with donor restrictions | $1,052,125 |
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 | $1,877,206 |