Community Associations Institute
- Assets
- $58.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orem, UT
- Founding
- 06/1979
- Data as of
- 12/2021
- EIN
- 26-0024942
Organization Overview
Community Associations Institute is located in Orem, UT. The organization was established in 1979. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Community Associations Institute 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, Community Associations Institute generated $60.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $69.2k during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE UTAH CHAPTER OF CAI HAS APPROXIMATELY 320 MEMBERS. THE CHAPTER AND ITS MEMBERS REPRESENT AND ARE ADVOCATES FOR MORE THAN 3,500 ASSOCIATIONS AND FOR THE OVER 350,000 ASSOCIATION HOUSEHOLDS IN THE STATE OF UTAH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mindy Knudsen Executive Di | 20 | $19,500 | |
Reed Dressler Executive Di | 20 | $11,250 | |
Lauren Devoe President | 5 | $0 | |
Carson Bagley Vice Preside | 3 | $0 | |
Tod Bean Member | 1 | $0 | |
Ryan Wimmer Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,767 |
| Total Program Service Revenue | $22,058 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,024 |
| Other Revenue | $0 |
| Total Revenue | $60,849 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,750 |
| Professional fees and other payments to independent contractors | $3,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,058 |
| Total expenses | $69,208 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,985 |
| Other assets | $0 |
| Total assets | $58,235 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,235 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Master Community Association Inc Denver, CO | $3,554,049 | $8,649,814 |
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Providence Master Homeowners Association Las Vegas, NV | $3,203,236 | $4,533,387 |
Islands Community Association Scottsdale, AZ | $3,106,067 | $2,329,623 |
Wingfield Springs Community Association Reno, NV | $1,161,714 | $1,827,108 |
Durango Mountain Master Association Inc Durango, CO | $5,099,330 | $3,338,361 |
Wasatch Community Gardens Salt Lake City, UT | $7,051,063 | $2,042,028 |
Ventana Ranch Community Association Inc Albuquerque, NM | $2,248,667 | $1,099,620 |
Crestmoor Community Association Lakewood, CO | $1,223,945 | $845,066 |
Alta Mesa Community Association Inc Mesa, AZ | $1,115,712 | $740,413 |
Tempe Community Council Incorporated Tempe, AZ | $1,866,347 | $571,733 |
North Fourth Avenue Merchants Assn Tucson, AZ | $755,568 | $808,877 |