Apartment Association Of Central Texas Inc is located in Harker Heights, TX. The organization was established in 1985. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apartment Association Of Central Texas 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, Apartment Association Of Central Texas Inc generated $96.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $92.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
CONTINUED TO PROVIDE CONTINUING EDUCATION FOR MEMBERS OF THE ASSOCIATION INCLUDING HOSTING EDUCATIONAL EVENTS, NETWORKING EVENTS, AND COMMUNITY OUTREACH EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kelly Vann Executive Director | 40 | $47,201 | |
Lisa-Marie Mcgaughey President | 8 | $0 | |
Andrea Byrd Vice President | 8 | $0 | |
Greg Berbrich Director | 3 | $0 | |
Toni Rackley Secretary | 8 | $0 | |
Nieomi King Director | 6 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,280 |
Total Program Service Revenue | $11,975 |
Membership dues | $42,095 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $21,173 |
Total Revenue | $96,121 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $29,199 |
Professional fees and other payments to independent contractors | $6,891 |
Occupancy, rent, utilities, and maintenance | $4,759 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $51,814 |
Total expenses | $92,663 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $92,331 |
Other assets | $0 |
Total assets | $127,305 |
Total liabilities | $5,873 |
Net assets or fund balances | $121,432 |
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