Community Association Institute is located in Phoenix, AZ. 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 Association Institute employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Community Association 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 Association Institute generated $462.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $464.7k during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOMEOWNER ASSOCIATION INFORMATION AND EDUCATION TO ASSOCIATION MEMBERS, HOMEOWNERS, AND THE COMMUNITY AT LARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGISLATIVE ACTION PROGRAMS
EDUCATIONAL LUNCHES
PROFESSIONAL COURSE OFFERINGS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carolyn Goldschmidt Director | Trustee | 1 | $0 |
Charles Sellers President | Officer | 1 | $0 |
Karen Vitkovich President Elect | Officer | 1 | $0 |
Jasmin Perez Secretary | Officer | 1 | $0 |
Mike Wells Treasurer | Officer | 1 | $0 |
Sarah Danowski Vice President | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $320,074 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $320,074 |
Total Program Service Revenue | $75,505 |
Investment income | $5,278 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $69,557 |
Net Income from Gaming Activities | -$8,324 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $462,090 |
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 | $224,810 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,561 |
Payroll taxes | $17,293 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,855 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $60,344 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,740 |
Office expenses | $53,798 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $22,901 |
Travel | $12,659 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,001 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,922 |
Insurance | $14,186 |
All other expenses | $22,636 |
Total functional expenses | $464,706 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $128,670 |
Savings and temporary cash investments | $102,957 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $143 |
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 | $5,275 |
Net Land, buildings, and equipment | $6,406 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $93,873 |
Total assets | $337,324 |
Accounts payable and accrued expenses | $24,265 |
Grants payable | $0 |
Deferred revenue | $82,450 |
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 | $91,745 |
Total liabilities | $198,460 |
Net assets without donor restrictions | $131,542 |
Net assets with donor restrictions | $7,322 |
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 | $337,324 |