Washtenaw Area Apartment Association
- Assets
- $217.4k
- Revenue
- $260.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Ann Arbor, MI
- Founding
- 11/1991
- Data as of
- 12/2021
- EIN
- 38-2482300
Organization Overview
Washtenaw Area Apartment Association is located in Ann Arbor, MI. The organization was established in 1991. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Washtenaw Area Apartment Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washtenaw Area 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, Washtenaw Area Apartment Association generated $260.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $274.1k during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE WASHTENAW AREA APARTMENT ASSOCIATION IS ORGANIZED TO ADVANCE, ASSIST, FOSTER AND PROMOTE GROWTH, DEVELOPMENT AND GENERAL WELFARE OF THE RENTAL HOUSING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFORMATIONAL NEWSLETTERS ARE SENT 12 TIMES PER YEAR TO OVER 100 MEMBERS.
MEETINGS FOR THE EDUCATION OF MEMBERS AND THE COMMUNITY IN ORDER TO PROMOTE AND FOSTER A POSITIVE RENTAL INDUSTRY IN THE WASHTENAW AND LIVINGSTON COUNTY REGION. MEETINGS ALSO SERVE TO ELECT A BOARD OF MEMBERS AND OFFICERS TO ENSURE THE SUCCESS OF THIS GOAL.
AS DETAILED ABOVE
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) | Role | Hours | Compensation |
|---|---|---|---|
Katie Minder President | Officer | $0 | |
Chris Heaton Vp/legislati | Officer | $0 | |
Paula Rote-Tigani Secretary & | Trustee | $0 | |
Megan Orser Education Ch | Trustee | $0 | |
Christy Rose-Scott Member | Trustee | $0 | |
Alice Ehn Executive Di | Trustee | $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 | $80,429 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,429 |
| Total Program Service Revenue | $159,518 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,938 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $260,670 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,482 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,662 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $95 |
| Office expenses | $9,283 |
| Information technology | $586 |
| Royalties | $0 |
| Occupancy | $8,690 |
| Travel | $3,102 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,036 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,611 |
| All other expenses | $11,987 |
| Total functional expenses | $274,108 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,764 |
| Savings and temporary cash investments | $94,824 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,846 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $217,434 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $4,917 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,919 |
| Total liabilities | $8,836 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $208,598 |
| Total liabilities and net assets/fund balances | $217,434 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baruch Sls Inc Grand Rapids, MI | $83,890,001 | $46,625,383 |
The Mcgregor Foundation East Cleveland, OH | $138,199,971 | $25,774,017 |
Village At Marymount Garfield Heights, OH | $5,352,973 | $16,703,874 |
Aptiv Incorporated La Crosse, WI | $4,803,038 | $12,027,224 |
Edsel And Eleanor Ford House Grosse Pointe Shores, MI | $328,038,802 | $12,445,182 |
Horizons Of Tuscarawas And Carroll Cos Inc Dover, OH | $1,859,166 | $6,709,172 |
Flanner House Of Indianapolis Inc Indianapolis, IN | $11,398,780 | $7,969,913 |
Threshold Residential Services Inc East Palestine, OH | $5,658,517 | $7,300,883 |
Midland Kings Daughters Home Of Michigan Midland, MI | $3,883,592 | $5,094,728 |
Indiana Community Action Program Indianapolis, IN | $2,520,276 | $3,738,800 |
Mcfarlan Charitable Corporation Flint, MI | $32,055,659 | $4,275,062 |
Hills Support Services Inc Inkster, MI | $2,307,339 | $3,028,325 |