Monroe County Apartment Association
- Assets
- $84.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IN
- Founding
- 05/2004
- Data as of
- 12/2021
- EIN
- 35-1730594
Organization Overview
Monroe County Apartment Association is located in Bloomington, IN. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monroe County Apartment Association 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, Monroe County Apartment Association generated $20.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $20.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 6 years. 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
PROVIDE PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR MEMBERS THROUGH MONTHLY MEETINGS FEATURING SPEAKERS ON A WIDE VARIETY OF RENTAL HOUSING TOPICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Evans President | 1 | $0 | |
Heather Vanness 1st Vice President | 1 | $0 | |
Jerry Hays 2nd Vice President | 1 | $0 | |
Christine Bartlett Secretary | 1 | $0 | |
Tony Rastall Treasurer | 1 | $0 | |
Kim Key Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $327 |
| Total Program Service Revenue | $3,425 |
| Membership dues | $16,847 |
| Investment income | $143 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,742 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $15,900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $106 |
| Other expenses | $4,390 |
| Total expenses | $20,396 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,499 |
| Other assets | $0 |
| Total assets | $84,499 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,499 |
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