Georgia Association Of Housing And Redevelopment Authorities Inc
- Assets
- $549.1k
- Revenue
- $521.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Augusta, GA
- Founding
- 05/1975
- Data as of
- 09/2022
- EIN
- 58-1210687
Organization Overview
Georgia Association Of Housing And Redevelopment Authorities Inc is located in Augusta, GA. The organization was established in 1975. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Association Of Housing And Redevelopment Authorities Inc 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 09/2022, Georgia Association Of Housing And Redevelopment Authorities Inc generated $521.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $490.1k during the year ending 09/2022. While expenses have increased by 1.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND PROMOTE THE INTEREST OF PUBLIC HOUSING AND REDEVELOPMENT IN THE STATE OF GEORGIA AND THEREBY PROMOTE THE GOOD AND GENERAL WELFA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES MEMBERSHIP SERVICES TO PUBLIC HOUSING AND REDEVELOPMENT AUTHORITIES THROUGH NETWORKING, CONFERENCES, TRAINING, AND SERVICES TO VENDORS. THE ESTIMATED NUMBER OF AGENCIES SERVED IS 180 AND APPROXIMATELY 50 VENDORS. THE OBJECTIVE TO PROVIDE A CLEARINGHOUSE OF IDEAS AND EXPERIENCES TOWARD A MORE COMPLETE UNDERSTANDING OF PUBLIC HOUSING AND COMMUNITY DEVELOPMENT IN GEORGIA WAS ACHIEVED BASED ON MEMBER SATISFACTION.
THE ORGANIZATIN PROVIDES TRAINING AND EDUCATIONAL CONFERENCES, MEETINGS, WORKSHOPS, AND SEMINARS TO MEMBERS TO FOSTER GENERAL POLICIES RELATED TO PLANNING, CONSTRUCTION, ADMINISTRATION, AND MANAGEMENT RELATIVE TO PUBLIC HOUSING. THESE TRAINING SESSIONS SERVED HUNDREDS OF PARTICIPANTS DURING THE YEAR.
THE ORGANIZATION PROVIDES SCHOLARSHIPS TO HIGH SCHOOL AND ADULT RECIPIENTS WHO RESIDE IN PUBLIC HOUSING OR ASSISTED HOUSING. THE ORGANIZATION AWARDED SEVERAL SCHOLARSHIPS DURING THE CURRENT YEAR TOTALING $13,570.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Latonia Simmons Pastpresident | Officer | 10 | $0 |
Marie Harris Senior VP | Officer | 10 | $0 |
Douglas Freeman VP Member Services | Officer | 10 | $0 |
Gary Erwin President | Officer | 10 | $0 |
Patricia Allen VP Legislation | Officer | 10 | $0 |
Candice Drake VP Professional Dev | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $61,029 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,290 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,319 |
| Total Program Service Revenue | $445,601 |
| Investment income | $968 |
| 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 | $521,888 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $13,570 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,473 |
| Fees for services: Lobbying | $60,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $334 |
| Information technology | $1,319 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $407,327 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,000 |
| All other expenses | $1,042 |
| Total functional expenses | $490,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,768 |
| Savings and temporary cash investments | $249,914 |
| 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 | $14,400 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,000 |
| 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 | $549,082 |
| Accounts payable and accrued expenses | $17,370 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $17,370 |
| 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 | $531,712 |
| Total liabilities and net assets/fund balances | $549,082 |
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