American Rental Association
- Assets
- $288.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, MI
- Founding
- 12/1984
- Data as of
- 06/2024
- EIN
- 38-3251275
Organization Overview
American Rental Association is located in Charlotte, MI. The organization was established in 1984. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Rental 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 06/2024, American Rental Association generated $129.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $107.2k during the year ending 06/2024. While expenses have increased by 9.7% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
IMPROVEMENT OF BUSINESS CONDITIONS FOR RENTAL STORES.
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 |
|---|---|---|---|
Kathy Viebach Treasurer | 2 | $0 | |
Gary S Booms President | 2 | $0 | |
Victor Matta Jr Secretary | 2 | $0 | |
Scott Nicklas Director | 2 | $0 | |
Carey Bisonet Director | 2 | $0 | |
Mandy Hart Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,220 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,994 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,000 |
| Other Revenue | $0 |
| Total Revenue | $129,214 |
| 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 | $35 |
| Occupancy, rent, utilities, and maintenance | $1,231 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $105,973 |
| Total expenses | $107,239 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $288,345 |
| Other assets | $0 |
| Total assets | $288,345 |
| Total liabilities | $7,047 |
| Net assets or fund balances | $281,298 |