Apartment Association California Southern Cities Inc
- Assets
- $775.9k
- Revenue
- $465.6k
- Investments
- $0.0
- Employees
- 9
- Location
- Long Beach, CA
- Founding
- 11/1952
- Data as of
- 12/2020
- EIN
- 95-0944360
Organization Overview
Apartment Association California Southern Cities Inc is located in Long Beach, CA. The organization was established in 1952. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. As of 12/2020, Apartment Association California Southern Cities Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apartment Association California Southern Cities 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 12/2020, Apartment Association California Southern Cities Inc generated $465.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $509.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, CULTIVATE AND PROTECT THE GENERAL, COMMERCIAL, INDUSTRIAL, EDUCATIONAL, LEGAL, AND SOCIAL INTERESTS OF THE MULTI HOUSING RENTAL INDUSTRY, THROUGH THE COLLECTION, ANALYSES AND DISSEMINATION OF INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION SUPPLIES INDIVIDUAL MEMBERS AND THE PUBLIC WITH INFORMATION CONCERNING THE INDUSTRY. ESTIMATED TOTAL NUMBER OF PERSONS BENEFITTED IS 5,000 PER YEAR.
MEETINGS AND SEMINARS ARE HELD THROUGHOUT THE YEAR AND ARE EDUCATIONAL IN NATURE. THEY ARE OPEN TO THE PUBLIC AND HELD AT VARIOUS LOCATIONS THROUGHOUT SOUTHERN CALIFORNIA. THEY AVERAGE APPROXIMATELY 200 PER MONTH IN ATTENDANCE.
CAM COURSES ARE EDUCATIONAL TRAINING COURSES THAT DEAL SPECIFICALLY WITH MANAGING AND OPERATING APARTMENT UNITS. A CERTIFICATE OF "CERTIFIED APARTMENT MANAGER" IS ISSUED UPON SUCCESSFUL COMPLETION OF THE COURSE. THE PUBLIC IS ADMITTED. APPROXIMATELY 500 PER YEAR ATTEND.
THE TRADESHOW, WHICH IS OPEN TO THE PUBLIC, IS AN ANNUAL EVENT THAT FEATURES EXHIBITS OF PRODUCTS AND SERVICES TO THE RENTAL HOUSING INDUSTRY, THAT ARE EDUCATIONAL. THESE PRODUCTS AND SERVICES ARE NOT FOR SALE. SEMINARS ARE ALSO GIVEN. APPROXIMATELY 2,500 ATTEND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Brennan Director | OfficerTrustee | 5 | $0 |
Keith Kennedy VP Local Leg | OfficerTrustee | 10 | $0 |
Vicki Abe Secretary | OfficerTrustee | 10 | $0 |
John Mcgoff Treasurer | OfficerTrustee | 10 | $0 |
Malcolm Bennett President | OfficerTrustee | 10 | $0 |
George O'hara Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $390,356 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,919 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $425,275 |
| Total Program Service Revenue | $40,285 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $465,560 |
| 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 | $229,429 |
| Pension plan accruals and contributions | $6,379 |
| Other employee benefits | $7,217 |
| Payroll taxes | $19,505 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $75,340 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,351 |
| Advertising and promotion | $245 |
| Office expenses | $10,655 |
| Information technology | $17,184 |
| Royalties | $0 |
| Occupancy | $16,014 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,732 |
| Interest | $1,221 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,511 |
| Insurance | $9,107 |
| All other expenses | $18,148 |
| Total functional expenses | $509,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,488 |
| Savings and temporary cash investments | $0 |
| 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 | $323,346 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $382,085 |
| Total assets | $775,919 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $286,842 |
| 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 | $117,463 |
| Other liabilities | $0 |
| Total liabilities | $404,305 |
| 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 | $371,614 |
| Total liabilities and net assets/fund balances | $775,919 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eviction Defense Collaborative Inc San Francisco, CA | $4,442,827 | $9,517,293 |
California Yimby Sacramento, CA | $3,332,341 | $900,288 |
Coalition For Adequate School Housing Sacramento, CA | $2,734,906 | $3,444,663 |
Causa Justa Just Cause Oakland, CA | $4,981,855 | $3,483,728 |
Southern Nevada Homebuilders Assn Inc Las Vegas, NV | $2,383,055 | $1,869,224 |
Interfaith Housing Assistance Corp Lemon Grove, CA | $1,637,628 | $1,229,150 |
Techequity Collaborative Martinez, CA | $382,326 | $1,001,805 |
San Francisco Housing Action Coalition San Francisco, CA | $126,939 | $814,905 |
Csa San Diego County El Cajon, CA | $304,145 | $784,364 |
Abundant Housing La Education Fund Los Angeles, CA | $119,524 | $536,727 |
Apartment Association California Southern Cities Inc Long Beach, CA | $775,919 | $465,560 |
Border Kindness El Centro, CA | $365,611 | $473,511 |