Community Associations Institute
- Assets
- $486.5k
- Revenue
- $770.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Columbia, MD
- Founding
- 05/1979
- Data as of
- 12/2023
- EIN
- 52-1181694
Organization Overview
Community Associations Institute is located in Columbia, MD. 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 3 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 $770.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $622.0k during the year ending 12/2023. While expenses have increased by 8.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT AND EDUCATION OPPORTUNITIES TO COMMUNITY MANAGERS AND HOMEOWNERS IN THE CHESAPEAKE REGION OF MARYLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS - FOR ATTENDEES TO NETWORK WITH OTHER HOMEOWNERS AND SERVICE PROVIDERS IN THE CHESAPEAKE REGION AND DISCUSS COMMON HOME OWNERSHIP ISSUES.
SPONSORSHIPS - HELPING TO CONNECT MEMBERS TO RELEVANT SERVICE PROVIDERS
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 |
|---|---|---|---|
Valerie Lykins Chapter Executive Director | Officer | 40 | $92,000 |
Cindy Mckoin Director | Trustee | 2 | $0 |
Bk Swartwood Director | Trustee | 2 | $0 |
Gary Saylor Director | Trustee | 2 | $0 |
Hillary Collins ESQ Director | Trustee | 2 | $0 |
Rebecca Clemson-Petrik President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $82,951 |
| Fundraising events | $70,660 |
| 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 | $153,611 |
| Total Program Service Revenue | $540,482 |
| Investment income | $799 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,917 |
| Net Income from Fundraising Events | $70,005 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $769,965 |
| 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. | $92,000 |
| Compensation of current officers, directors, key employees. | $23,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $128,300 |
| Pension plan accruals and contributions | $2,884 |
| Other employee benefits | $0 |
| Payroll taxes | $16,237 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,282 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,448 |
| Office expenses | $2,193 |
| Information technology | $9,302 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,293 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,397 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,838 |
| Insurance | $8,241 |
| All other expenses | $16,804 |
| Total functional expenses | $622,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $339,923 |
| Savings and temporary cash investments | $78,489 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,903 |
| 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 | $2,673 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $49,505 |
| Total assets | $486,493 |
| Accounts payable and accrued expenses | $29,336 |
| Grants payable | $0 |
| Deferred revenue | $69,091 |
| 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 | $0 |
| Total liabilities | $98,427 |
| Net assets without donor restrictions | $388,066 |
| 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 | $486,493 |