Indiana Apartment Association Inc

Organization Overview

Indiana Apartment Association Inc is located in Indianapolis, IN. The organization was established in 1998. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Indiana Apartment Association Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Apartment Association 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 12/2022, Indiana Apartment Association Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE, ADVISE AND PROTECT THE GENERAL INTERESTS OF THE OWNERSHIP AND MANAGEMENT OF MULTI-FAMILY HOUSING IN THE INDIANA AREA BY UNITING THOSE ENGAGED IN THE BUSINESS. TO UPHOLD THE DIGNITY OF THE PROPERTY MANAGEMENT PROFESSION AND TO ACQUIRE AND DISSEMINATE USEFUL BUSINESS INFORMATION AMONG ITS MEMBERS, TO FOSTER A SPIRIT OF COOPERATION AMONG ITS MEMBERS; TO CULTIVATE HIGHER STANDARDS OF PRACTICE AND BUSINESS ETHICS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ASSOCIATION REPRESENTS MORE THAN 276,000 UNITS THROUGHOUT THE STATE OF INDIANA INCLUDING MEMBERS IN 1 AFFILIATE CHAPTER AND 6 COUNCIL AREAS. THE ASSOCIATION PROVIDES ITS MEMBERS WITH VARIOUS EVENTS, PROGRAMS AND SERVICES INCLUDING AN ANNUAL CONVENTION, EDUCATION SEMINARS, PERIODICALS, AND AN ANNUAL MEMBERSHIP DIRECTORY. THE INDIANA MULTI FAMILY HOUSING POLITICAL ACTION COMMITTEE (IMFHPAC) IS A SEGREGATED FUND OF THE ASSOCIATION. THE ASSOCIATION PROVIDES OWNERS AND MANAGEMENT COMPANIES WITH A CONSTRUCTIVE FORCE THROUGH WHICH TO WORK FOR THE BETTERMENT OF THE MULTIFAMILY HOUSING INDUSTRY.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Tim Shafer
Chairman Of The Board
$0
Sandy Carmin
Vice Chairman
$0
Jerry Collins
Treasurer
$0
Clarke Arnold
Secretary
$0
Chad Greiwe
Past Chairman Of The Board
$0
Kristie Arnst
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
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$0
Total Program Service Revenue$2,384,714
Investment income $76,746
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $91,346
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,917,465

Create an account to unlock the data you need.

or