Arizona Multi-Housing Association
- Assets
- $5.8m
- Revenue
- $3.8m
- Investments
- $10.0k
- Employees
- 13
- Location
- Phoenix, AZ
- Founding
- 05/1967
- Data as of
- 12/2021
- EIN
- 86-0210619
Organization Overview
Arizona Multi-Housing Association is located in Phoenix, AZ. The organization was established in 1967. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Arizona Multi-Housing Association employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Multi-Housing 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, Arizona Multi-Housing Association generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 9.1% 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
TO REPRESENT ETHICAL RENTAL HOUSING PROVIDERS IN LEGISLATIVE, LEGAL AND REGULATORY MATTERS. TO PROVIDE SERVICES, PRODUCTS, EDUCATIONAL PROGRAMS AND NETWORKING OPPORTUNITIES THAT ENHANCE THE GENERAL WELFARE AND ECONOMIC HEALTH OF ALL OF OUR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION CONFERENCE & TRADE SHOWS - PROVIDE EDUCATION AND CONTINUING EDUCATION CREDITS AND HOST TRADE SHOWS TO BRING MEMBERS, GUESTS, AND EXHIBITORS TOGETHER. OVER 2,000 ATTENDEES AT TRADE SHOWS HELD IN PHOENIX AND TUCSON.
EDUCATIONAL SEMINARS - HOST EDUCATIONAL PROGRAMS ON VARIOUS SUBJECTS RELATED TO THE MULTIHOUSING INDUSTRY. SEMINARS ON 30 TO 45 DIFFERENT TOPICS, MOST HELD AT A FEW DIFFERENT DATES. COURSES INCLUDED EDUCATION ON NATIONAL DESIGNATIONS, PROPERTY MANAGEMENT & OPERATIONS, LEASING & MARKETING, FAIR HOUSING AND LEGAL, SAFETY & ENVIRONMENTAL AND MAINTENANCE HVAC, EPA AND OTHER REPAIR CERTIFICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Courtney Levinus President/ceo | Officer | 40 | $232,577 |
Sarah Fluke Deputy Director | 40 | $132,379 | |
Kim Pacheco Immediate Past Chair | OfficerTrustee | 1 | $0 |
Reid Butler Chair | OfficerTrustee | 1 | $0 |
Scott Hines Vice Chair | OfficerTrustee | 1 | $0 |
Linda Coburn Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Schneider & Schneider Llc Rental Management | 12/30/21 | $130,304 |
Capitol Consulting Llc Consulting | 12/30/21 | $395,900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $330,321 |
| All other contributions, gifts, grants, and similar amounts not included above | $399,152 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $729,473 |
| Total Program Service Revenue | $2,446,372 |
| Investment income | $96,662 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $139,482 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,833,501 |
| 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. | $249,230 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $827,420 |
| Pension plan accruals and contributions | $21,632 |
| Other employee benefits | $55,001 |
| Payroll taxes | $72,724 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,250 |
| Fees for services: Lobbying | $197,995 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $197,950 |
| Advertising and promotion | $47,161 |
| Office expenses | $296,777 |
| Information technology | $90,328 |
| Royalties | $0 |
| Occupancy | $219,061 |
| Travel | $3,037 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $58,214 |
| Interest | $3,238 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,951 |
| Insurance | $15,316 |
| All other expenses | $0 |
| Total functional expenses | $2,797,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $995,296 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $91,576 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,776,251 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $140,558 |
| Net Land, buildings, and equipment | $28,749 |
| Investments—publicly traded securities | $2,721,247 |
| Investments—other securities | $10,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,212 |
| Total assets | $5,772,889 |
| Accounts payable and accrued expenses | $46,235 |
| Grants payable | $0 |
| Deferred revenue | $602,430 |
| 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 | $648,665 |
| Net assets without donor restrictions | $4,453,107 |
| Net assets with donor restrictions | $671,117 |
| 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 | $5,772,889 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Building Industry Association Of Southern California Inc Irvine, CA | $6,476,815 | $6,103,391 |
West And Southeast Realtors Of The Valley Inc Chandler, AZ | $16,716,149 | $4,817,480 |
Nevada Realtors Reno, NV | $20,648,058 | $6,357,960 |
Western Manufactured Housing Communities Association Sacramento, CA | $5,450,314 | $3,609,962 |
Arizona Multi-Housing Association Phoenix, AZ | $5,772,889 | $3,833,501 |
Home Builders Association Of Utah Draper, UT | $4,082,547 | $3,740,603 |
New Mexico Association Of Realtors Santa Fe, NM | $9,229,177 | $2,572,562 |
Utah Central Association Of Realtor Orem, UT | $14,924,046 | $2,344,429 |
Home Builders Association Of Metropolitan Denver Centennial, CO | $1,428,765 | $1,786,767 |
Electric League Of Arizona Phoenix, AZ | $2,581,504 | $1,627,774 |
Southern California Association Of Non-Profit Housing Inc Los Angeles, CA | $1,991,409 | $1,821,513 |
North Bay Association Of Realtors Santa Rosa, CA | $1,865,459 | $1,375,618 |