Community Associations Institute
- Assets
- $480.1k
- Revenue
- $516.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Sarasota, FL
- Founding
- 06/1979
- Data as of
- 12/2023
- EIN
- 65-0198778
Organization Overview
Community Associations Institute is located in Sarasota, FL. The organization was established in 1979. 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. As of 12/2023, Community Associations Institute employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Community Associations Institute 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 12/2023, Community Associations Institute generated $516.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $429.7k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE, SERVE AND COLLABORATE WITH HOMEOWNERS, ASSOCIATIONS OF HOMEOWNERS, AND THE MANAGERS THAT WORK WITH THESE ASSOCIATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BREAKFAST MEETINGS ARE HELD AND INCLUDE AN AVERAGE OF ABOUT 200 MEMBERS AND GUESTS. EACH BREAKFAST SERVES AS A NETWORKING OPPORTUNITY, AND A VARIETY OF EDUCATIONAL SPEAKERS ARE INVITED TO SHARE INFORMATION AND AN UPDATE IS PROVIDED.
DIRECTORY AND MAGAZINE - A BI-ANNUAL DIRECTORY OF ALL MEMBERS IS PROVIDED TO ALL MEMBERS AS AN ENCOURAGEMENT TO NETWORK AND DO BUSINESS TOGETHER. ADVERTISING SPACES ARE AVAILABLE TO MEMBERS FOR AN ADDITIONAL COST. QUARTERLY MAGAZINES ARE ALSO DISTRIBUTED. AN ONLINE DIRECTORY IS AVAILABLE ON THE WEBSITE.
CA DAY & TRADE SHOW IS PRESENTED BY THE WEST FLORIDA CHAPTER OF COMMUNITY ASSOCIATIONS INSTITUTE. THE GOAL IS TO BRING HOMEOWNERS, COMMUNITY ASSOCIATION MANAGERS AND VENDORS FROM MANATEE, SARASOTA AND DESOTO COUNTIES TOGETHER FOR AN INFORMATIVE NETWORKING/EDUCATION OPPORTUNITY. VISITORS CAN TALK DIRECTLY WITH THE PROFESSIONALS WHO SPECIALIZE IN WORKING WITH MANAGEMENT AND RESIDENTS OF COMMUNITY ASSOCIATIONS IN WEST FLORIDA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Gilbert Executive Director (2023) | OfficerTrustee | 40 | $0 |
Bill Ashby Treasurer | OfficerTrustee | 3 | $0 |
Frank Anatasi Director | Trustee | 1 | $0 |
Rick Arena Director | Trustee | 1 | $0 |
Kevin Edwards Director | Trustee | 1 | $0 |
Kathy Hayes Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $65,207 |
| 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 | $65,207 |
| Total Program Service Revenue | $396,854 |
| Investment income | $11,443 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $42,582 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $516,797 |
| 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 | $133,238 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,353 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,579 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $803 |
| Office expenses | $1,672 |
| Information technology | $20,630 |
| Royalties | $0 |
| Occupancy | $37,991 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,025 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,292 |
| Insurance | $10,174 |
| All other expenses | $10,108 |
| Total functional expenses | $429,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,892 |
| Savings and temporary cash investments | $314,758 |
| 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 | $3,788 |
| Net Land, buildings, and equipment | $15,972 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,700 |
| Total assets | $480,110 |
| Accounts payable and accrued expenses | $322 |
| Grants payable | $0 |
| Deferred revenue | $189,119 |
| 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 | $6,944 |
| Total liabilities | $196,385 |
| 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 | $283,725 |
| Total liabilities and net assets/fund balances | $480,110 |