Permian Basin Apartment Association
- Assets
- $220.2k
- Revenue
- $261.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Midland, TX
- Founding
- Data as of
- 12/2021
- EIN
- 75-1875806
Organization Overview
Permian Basin Apartment Association is located in Midland, TX. As of 12/2021, Permian Basin Apartment Association employed 4 individuals. Permian Basin Apartment Association 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, Permian Basin Apartment Association generated $261.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $211.4k during the year ending 12/2021. While expenses have increased by 0.8% 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
CULTIVATE GOOD BUSINESS PRACTICE FOR THE MULTI-HOUSING INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECOMMEND IMPROVEMENT OF BUSINESS AND MGMT OPERATIONS, TO WORK IN ASSOCIATION WITH OTHER BUSINESS ORGANIZATIONS ON PROMOTION OF THE MULTI- HOUSING INDUSTRY AND TO MAKE AVAILABLE NECESSARY FORMS AND LITERATURE REQUIRED IN RENTAL OF MULTI-HOUSING UNITS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sylvia Lacey Assoc Executive | Trustee | 30 | $44,313 |
James Elliot President | Officer | 4 | $0 |
Jayce Rodriguez Vice-President | Officer | 4 | $0 |
Michelle Robinson Treasurer/secretary | Officer | 4 | $0 |
Aaron Mendoza Board Member | Officer | 1 | $0 |
Amber Arriaga Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $194,331 |
| Fundraising events | $854 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,361 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $200,546 |
| Total Program Service Revenue | $0 |
| Investment income | $449 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,159 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $261,652 |
| 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 | $65,135 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,966 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,974 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $544 |
| Office expenses | $8,131 |
| Information technology | $8,935 |
| Royalties | $0 |
| Occupancy | $8,964 |
| Travel | $8,176 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,193 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,355 |
| All other expenses | $10,593 |
| Total functional expenses | $211,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,045 |
| Savings and temporary cash investments | $184,970 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,175 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $220,190 |
| Accounts payable and accrued expenses | $197 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $197 |
| Net assets without donor restrictions | $219,993 |
| 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 | $220,190 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Deep East Texas Electric Co-Operative Inc San Augustine, TX | $258,283,792 | $99,942,050 |
Memorial Hermann Hospital Based Physician Group Houston, TX | $12,517,571 | $82,920,785 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Dixie Electric Power Assn Laurel, MS | $277,061,319 | $96,509,999 |
Ach Child And Family Services Fort Worth, TX | $163,813,747 | $98,425,348 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Cckc4 Inc Wichita, KS | $1,278,082,464 | $69,570,660 |
Kansas Association Of Child Care Resource And Referral Agencies Salina, KS | $5,216,379 | $98,524,579 |