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.
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 | |
Jason Nichols Associate Director | 1 | $0 | |
John Bartz Associate Director | 1 | $0 |
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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