Apartment Association Of Greater Knoxville Inc
- Assets
- $69.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 01/1995
- Data as of
- 12/2022
- EIN
- 62-1545332
Organization Overview
Apartment Association Of Greater Knoxville Inc is located in Knoxville, TN. The organization was established in 1995. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Apartment Association Of Greater Knoxville 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 12/2022, Apartment Association Of Greater Knoxville Inc generated $162.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $141.4k during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MEMBERSHIP MEETINGS TO DISCUSS VARIOUS MULTI-FAMILY HOUSING ISSUES WERE HELD IN FEBRUARY, JUNE, AND DECEMBER OF 2022. LUNCHEON AND BREAKFAST MEETINGS WERE HELD THREE TIMES FOR APARTMENT MANAGERS AND MAINTENANCE PERSONNEL IN FEBRUARY, APRIL, MAY AND OCTOBER. THE COURSES OFFERED IN 2022 COVERED TOPICS SUCH AS FAIR HOUSING, ELECTRICAL, LEGAL ISSUES, A CERTIFIED POOL OPERATOR AND HVAC COURSE. AAGK CONDUCTS A CERTIFICATE FOR APARTMENT MAINTENANCE TECHNICIAN COURSE WHICH TEACHES CLASSES IN BASIC ELECTRICAL, APPLIANCE REPAIR, HVAC, AND INDOOR AND OUTDOOR REPAIRS. THE COURSE IS CONDUCTED AS DEMAND DICTATES. AAGK CONDUCTS A CERTIFIED POOL OPERATOR COURSE WHICH TEACHES THE BASICS IN POOL OPERATION. THIS PROGRAM IS A TWO DAY COURSE CONDUCTED AS NEEDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Felknor Executive Director | 40 | $60,585 | |
Kim Klemm President | 3 | $0 | |
Angela Morris Vice President | 1 | $0 | |
Clay Reed Secretary/treasurer | 1 | $0 | |
Dave Brogdon Maint. Council President | 1 | $0 | |
Jessie Brown Rma President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $50,531 |
| Membership dues | $89,058 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,447 |
| Other Revenue | $0 |
| Total Revenue | $162,036 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,673 |
| Professional fees and other payments to independent contractors | $2,645 |
| Occupancy, rent, utilities, and maintenance | $13,304 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,752 |
| Total expenses | $141,374 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,667 |
| Other assets | $0 |
| Total assets | $69,667 |
| Total liabilities | $640 |
| Net assets or fund balances | $69,027 |