Community Associations Institute
- Assets
- $75.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 06/1979
- Data as of
- 12/2023
- EIN
- 26-0024942
Organization Overview
Community Associations Institute is located in Salt Lake City, 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 12/2023, Community Associations Institute generated $136.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $133.3k during the year ending 12/2023. While expenses have increased by 20.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
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 |
|---|---|---|---|
Tamara Shafer Executive Director | 10 | $2,185 | |
Mindy Knudsen Executive Director | 20 | $0 | |
Reed Dressler Executive Director | 20 | $0 | |
Carson Bagley President | 10 | $0 | |
Megan Deming President-Elect | 10 | $0 | |
Ryan Newton Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,490 |
| Total Program Service Revenue | $43,491 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,791 |
| Other Revenue | $0 |
| Total Revenue | $136,772 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,185 |
| Professional fees and other payments to independent contractors | $59,575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,580 |
| Total expenses | $133,340 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,029 |
| Other assets | $0 |
| Total assets | $75,029 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,029 |