River Region Apartment Association Inc is located in Pike Road, AL. The organization was established in 1981. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. River Region 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 12/2022, River Region Apartment Association Inc generated $128.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $120.8k during the year ending 12/2022. While expenses have increased by 4.7% 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
EDUCATION, LEADERSHIP, AND PROTECTION FOR APARTMENT COMMUNITIES, OWNERS, AND VENDORS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Katie Smith Suchocki Association Director | 20 | $23,077 | |
Young Sherri President | 2 | $0 | |
Kessler Christine President - Elect | 2 | $0 | |
Hitson Brandy Treasurer | 2 | $0 | |
Mcdonald Brenda Secretary | 2 | $0 | |
Gillenwater Eddie Parliamentarian | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $375 |
Total Program Service Revenue | $134 |
Membership dues | $107,217 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $20,300 |
Total Revenue | $128,026 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $23,077 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $134 |
Other expenses | $97,549 |
Total expenses | $120,760 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $231,900 |
Other assets | $0 |
Total assets | $233,770 |
Total liabilities | $0 |
Net assets or fund balances | $233,770 |