Greater Nashville Apartment Association Inc
- Assets
- $1.2m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 9
- Location
- Nashville, TN
- Founding
- 11/1979
- Data as of
- 12/2021
- EIN
- 62-0763136
Organization Overview
Greater Nashville Apartment Association Inc is located in Nashville, TN. The organization was established in 1979. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Greater Nashville Apartment Association Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Nashville Apartment Association 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 12/2021, Greater Nashville Apartment Association Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.1% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 2.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROFESSIONAL DEVELOPMENT FOR GOODWILL & UNDERSTANDING WITH THE APARTMENT-RESIDING PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING PROFESSIONAL DEVELOPMENT TO MAINTAIN A SENSE OF GOODWILL AND UNDERSTANDING WITH THE APARTMENT-RESIDING PUBLIC IN ACCORDANCE WITH THE CODE OF ETHICS OF THE ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Tobin President | Officer | 40 | $122,737 |
Stehpanie Liston Vice Chairman | OfficerTrustee | 1 | $0 |
Tracey Crowe Chairman Elect | OfficerTrustee | 1 | $0 |
Jenn Mulholland Secretary/treasurer | OfficerTrustee | 1 | $0 |
Zac Ward Immediate Past Chairman | OfficerTrustee | 1 | $0 |
Stacey Holt Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $91,700 |
| 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 | $91,700 |
| Total Program Service Revenue | $1,479,580 |
| Investment income | $6,486 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $149,962 |
| 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 | $1,810,659 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,237 |
| Grants and other assistance to domestic individuals. | $5,599 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,805 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $305,073 |
| Pension plan accruals and contributions | $4,689 |
| Other employee benefits | $44,047 |
| Payroll taxes | $32,214 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,260 |
| Fees for services: Lobbying | $59,160 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,648 |
| Advertising and promotion | $15,420 |
| Office expenses | $30,410 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $155,891 |
| Travel | $3,523 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $161,246 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,914 |
| Insurance | $6,365 |
| All other expenses | $10,015 |
| Total functional expenses | $1,613,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $478,487 |
| Savings and temporary cash investments | $436,124 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,269 |
| 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 | $83,985 |
| Net Land, buildings, and equipment | $144,972 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,198,837 |
| Accounts payable and accrued expenses | $17,308 |
| Grants payable | $0 |
| Deferred revenue | $566,049 |
| 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 | $583,357 |
| Net assets without donor restrictions | $615,480 |
| 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 | $1,198,837 |
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