Community Association Managers Intl Certification Board Inc
- Assets
- $3.4m
- Revenue
- $1.7m
- Investments
- $463.6k
- Employees
- 0
- Location
- Falls Church, VA
- Founding
- 10/1996
- Data as of
- 06/2024
- EIN
- 54-1794091
Organization Overview
Community Association Managers Intl Certification Board Inc, operating under the name Camicb, is located in Falls Church, VA. The organization was established in 1996. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Camicb 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, Camicb generated $1.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.7m during the year ending 06/2024. While expenses have increased by 2.5% per year over the past 5 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE COMMUNITY ASSOCIATION MANAGERS INTERNATIONAL CERTIFICATION BOARD (CAMICB) ADMINISTERS THE CERTIFIED MANAGER OF COMMUNITY ASSOCIATIONS (CMCA) CREDENTIAL, A VOLUNTARY CERTIFICATION PROGRAM FOR COMMUNITY ASSOCIATION MANAGERS. THE CMCA CREDENTIAL IS ACCREDITED BY THE NATIONAL COMMISSION FOR CERTIFYING AGENCIES (NCCA). CAMICB IS THE PROFESSIONAL ACCREDITATION BODY FOR MORE THAN 16,000 COMMUNITY ASSOCIATION MANAGERS WORLDWIDE. CMCAS MANAGE CONDOMINIUM ASSOCIATIONS, HOMEOWNER ASSOCIATIONS, RESORT COMMUNITIES, AND COMMERCIAL TENANT ASSOCIATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CERTIFIED MANAGER OF COMMUNITY ASSOCIATIONS (CMCA) CREDENTIALING PROGRAM WAS CREATED TO ENSURE THAT COMMUNITY ASSOCIATION MANAGERS HAVE THE FUNDAMENTAL KNOWLEDGE REQUIRED TO EFFECTIVELY MANAGE A COMMON INTEREST COMMUNITY, INCLUDING HOMEOWNERS, CONDOMINIUM, AND COOPERATIVE ASSOCIATIONS. CAMICB HAS CREDENTIALED OVER 23,000 MANAGERS AROUND THE WORLD. CMCA CREDENTIAL HOLDERS HAVE DEMONSTRATED WORKING KNOWLEDGE OF THE CORE OPERATIONAL AND ADMINISTRATIVE FUNCTIONS RECOGNIZED IN THE PROFESSION'S DEFINED BODY OF KNOWLEDGE. IN RECENT YEARS, AN EDUCATION CAMPAIGN WAS IMPLEMENTED TO EDUCATE CONSUMERS, HOMEOWNERS, AND MANAGERS ABOUT CAMICB AND THE CMCA CREDENTIAL, INCLUDING ONGOING OUTREACH TO AND COMMUNICATION WITH ALL STAKEHOLDERS AND THE MAINTENANCE OF A ROBUST WEBSITE THAT PROVIDES A COMPREHENSIVE OVERVIEW OF THE CMCA CREDENTIALING PROGRAM. A FOCUSED EFFORT HAS BEEN MADE TO ENCOURAGE MANAGERS TO PURSUE CERTIFICATION AND TO UNDERSCORE THE VALUE OF THE CREDENTIAL TO HOMEOWNERS AND HOMEOWNER LEADERS.
THE CAMICB WEBSITE INCLUDES A DIRECTORY OF CERTIFIED MANAGERS, CONSUMER INFORMATION, REQUIREMENTS FOR CERTIFICATION, AND INSTRUCTIONS FOR APPLYING TO EARN THE CMCA CREDENTIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Smith Cmca Ams Pcam Chair | OfficerTrustee | 1 | $0 |
Noelle Hicks ESQ Vice Chair | OfficerTrustee | 1 | $0 |
M Katherine Bushey ESQ Secretary/treasurer | OfficerTrustee | 1 | $0 |
Jennifer Andal Cmca Ams Pcam Director | Trustee | 1 | $0 |
Michael Darby Cmca Director | Trustee | 1 | $0 |
Cathleen Dunn Cmca Ams Lsm Pcam Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Community Associations Institute Management Services | 6/29/24 | $921,000 |
Humrro Consulting | 6/29/24 | $331,242 |
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 | $1,625,046 |
| Investment income | $105,973 |
| 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 | $1,731,019 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $921,000 |
| Fees for services: Legal | $5,646 |
| Fees for services: Accounting | $9,585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $214,621 |
| Advertising and promotion | $49,097 |
| Office expenses | $109,970 |
| Information technology | $21,945 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $77,207 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,692 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,898 |
| Insurance | $2,680 |
| All other expenses | $36,103 |
| Total functional expenses | $1,732,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,832 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $8,268 |
| Net Land, buildings, and equipment | $2,508 |
| Investments—publicly traded securities | $2,868,259 |
| Investments—other securities | $463,575 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,411,442 |
| Accounts payable and accrued expenses | $75,458 |
| Grants payable | $0 |
| Deferred revenue | $1,030,466 |
| 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 | $18,582 |
| Total liabilities | $1,124,506 |
| Net assets without donor restrictions | $2,286,936 |
| 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 | $3,411,442 |