Community Associations Institute
- Assets
- $1.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Freehold, NJ
- Founding
- 06/1979
- Data as of
- 12/2023
- EIN
- 51-0240972
Organization Overview
Community Associations Institute is located in Freehold, NJ. The organization was established in 1979. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Community Associations Institute employed 5 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Community Associations Institute 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 12/2023, Community Associations Institute generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 2.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE AND REPRESENT AMERICA'S RESIDENTIAL COMMUNITY ASSOCIATION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCE & EXPO (PRECONF/WELCOME RECEPTION)
GOLF OUTING
AWARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Nicosia Cmca Ams Pcam President | OfficerTrustee | 1 | $0 |
Ryan Fleming Ebp Vice President | OfficerTrustee | 1 | $0 |
Mary Barrett ESQ Secretary | OfficerTrustee | 1 | $0 |
Steven Mlenak ESQ President Elect | OfficerTrustee | 1 | $0 |
Joseph Chorba CPA Treasurer | OfficerTrustee | 1 | $0 |
Tony Nardone MBA Pcam Trustee | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,212,707 |
| Investment income | $27,657 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,384,559 |
| 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. | $131,726 |
| Compensation of current officers, directors, key employees. | $40,948 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $308,240 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,500 |
| Payroll taxes | $43,444 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,316 |
| Fees for services: Accounting | $46,333 |
| Fees for services: Lobbying | $71,850 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,098 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $85,289 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $154,751 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,676 |
| Insurance | $14,962 |
| All other expenses | $93,946 |
| Total functional expenses | $1,304,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $348,781 |
| Savings and temporary cash investments | $800,542 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,084 |
| 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 | $78,627 |
| Net Land, buildings, and equipment | $16,465 |
| Investments—publicly traded securities | $120,345 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $101,026 |
| Total assets | $1,483,870 |
| Accounts payable and accrued expenses | $24,911 |
| Grants payable | $0 |
| Deferred revenue | $459,287 |
| 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 | $102,014 |
| Total liabilities | $586,212 |
| Net assets without donor restrictions | $897,658 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,483,870 |