Mobile Bay Area Apartment Association Inc
- Assets
- $253.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 10/2003
- Data as of
- 12/2021
- EIN
- 36-4518133
Organization Overview
Mobile Bay Area Apartment Association Inc is located in Mobile, AL. The organization was established in 2003. 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. Mobile Bay Area 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 12/2021, Mobile Bay Area Apartment Association Inc generated $184.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $85.5k during the year ending 12/2021. 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
PROVIDED EDUCATION SEMINARS AND CERTIFICATION CLASSES FOR APARTMENT RENTAL PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Whitney Briones President | 1 | $0 | |
Michelle Vickery Secretary | 1 | $0 | |
Kayla Quint President - Elect | 1 | $0 | |
Lindsay Vance Treasurer | 1 | $0 | |
Amanda Pike Past President | 1 | $0 | |
Teresa Widener Property Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $65,531 |
| Membership dues | $74,851 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,540 |
| Other Revenue | $608 |
| Total Revenue | $184,614 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $250 |
| Salaries, other compensation, and employee benefits | $18,200 |
| Professional fees and other payments to independent contractors | $10,608 |
| Occupancy, rent, utilities, and maintenance | $2,803 |
| Printing, publications, postage, and shipping | $308 |
| Other expenses | $53,362 |
| Total expenses | $85,531 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $239,771 |
| Other assets | $0 |
| Total assets | $253,151 |
| Total liabilities | $0 |
| Net assets or fund balances | $253,151 |
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