Community Associations Institute is located in Commack, NY. The organization was established in 1979. 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 12/2022, Community Associations Institute generated $189.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $213.9k during the year ending 12/2022. While expenses have increased by 16.4% 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
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL ORGANIZATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melissa Schlactusesq President | 2 | $0 | |
Andrew Nigri President Elect | 2 | $0 | |
Nancy Fox Secretary | 1.5 | $0 | |
Lynn Giugliano Treasurer | 1.5 | $0 | |
Theodore Hicks Board Member | 1.5 | $0 | |
Rosemary Claus Board Member | 1.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $53,379 |
Total Program Service Revenue | $25,500 |
Membership dues | $23,034 |
Investment income | $146 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $87,705 |
Total Revenue | $189,764 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $87,668 |
Professional fees and other payments to independent contractors | $4,075 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $26,214 |
Other expenses | $95,955 |
Total expenses | $213,912 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $43,348 |
Other assets | $0 |
Total assets | $65,823 |
Total liabilities | $44,543 |
Net assets or fund balances | $21,280 |