Form 990 for tax year 2022
Filed by METRO MULTIFAMILY HOUSING ASSOCIATION.
Totals
- Total revenue
- $2,561,856
- Total expenses
- $2,937,014
- Contributions and grants received
- $0
- Grants paid
- $58,839
- Program service revenue
- $1,788,554
- Investment income
- $2,759
- Other revenue
- $770,543
- Total assets, end of year
- $453,346
- Total liabilities, end of year
- $47,939
- Net assets or fund balances, end of year
- $405,407
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: MEMBERSHIP DUES
total $741,023 · related or exempt $741,023
-
2b · Program service revenue: TRADE SHOWS AND FAIRS
total $456,650 · related or exempt $456,650
-
2c · Program service revenue: EDUCATION
total $438,208 · related or exempt $438,208
-
2d · Program service revenue: DEFENSE FUND
total $152,673 · related or exempt $152,673
-
3 · Investment income
total $2,759 · excluded $2,759
-
5 · Royalties
total $675,361 · excluded $675,361
-
8a · Fundraising events: gross income
$134,822
-
8b · Fundraising events: direct expenses
$61,204
-
8c · Net income from fundraising events
total $73,618 · excluded $73,618
-
10a · Gross sales of inventory
$34,055
-
10b · Cost of goods sold
$29,100
-
10c · Net income from sales of inventory
total $4,955 · related or exempt $4,955
-
11a · Other revenue: WEB ADVERTISING
total $14,623 · unrelated business $14,623
-
11b · Other revenue: MISCELLANEOUS
total $1,986 · related or exempt $1,986
-
11e · Other revenue, total
$16,609
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $58,839
-
5 · Compensation of officers, directors and key employees
total $206,362
-
7 · Other salaries and wages
total $544,600
-
9 · Other employee benefits
total $61,209
-
10 · Payroll taxes
total $58,792
-
11b · Fees: legal
total $46,221
-
11c · Fees: accounting
total $9,398
-
11d · Fees: lobbying
total $120,195
-
11g · Fees: other
total $5,340
-
12 · Advertising and promotion
total $17,988
-
13 · Office expenses
total $343,351
-
14 · Information technology
total $68,176
-
16 · Occupancy
total $98,495
-
17 · Travel
total $92,624
-
19 · Conferences, conventions and meetings
total $423,557
-
22 · Depreciation, depletion and amortization
total $1,972
-
23 · Insurance
total $4,044
-
24a · Other expenses: EDUCATION
total $370,194
-
24b · Other expenses: DEFENSE FUND
total $136,864
-
24c · Other expenses: AWARDS CEREMONY
total $135,543
-
24d · Other expenses: PAC CONTRIBUTION
total $133,250
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $613,779 · end of year $146,361
-
4 · Accounts receivable
beginning of year $119,209 · end of year $137,702
-
8 · Inventories for sale or use
beginning of year $52,463 · end of year $60,778
-
9 · Prepaid expenses and deferred charges
beginning of year $53,339 · end of year $91,505
-
10a · Land, buildings and equipment: cost or other basis
$52,896
-
10b · Land, buildings and equipment: accumulated depreciation
$51,618
-
10c · Land, buildings and equipment, net
beginning of year $8,525 · end of year $1,278
-
15 · Other assets
beginning of year $10,922 · end of year $15,722
-
17 · Accounts payable and accrued expenses
beginning of year $59,023 · end of year $33,517
-
19 · Deferred revenue
beginning of year $9,117 · end of year $14,422
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $790,097 · end of year $405,407
Mission and programs · 2022
Mission
MULTIFAMILY NW IS COMMITTED TO PROMOTING A HIGH DEGREE OF PROFESSIONALISM FOR RENTAL HOUSING PROVIDERS. WE SPONSOR EDUCATIONAL COURSES, DELIVER THE MOST COMPREHENSIVE REVIEWED SET OF FORMS IN THE STATE, AND ADVOCATE TO LOCAL AND STATE GOVERNMENTS ON BEHALF OF THE INDUSTRY TO ENSURE OUR MEMBERS THE BEST OPERATING ENVIRONMENT POSSIBLE.
-
EDUCATION - PROVIDE EDUCATION TO THE COMMUNITY (PDX, SWV, WA AND RHOS) ON THE LAWS AND OPERATING ENVIRONMENT OF MULTIFAMILY RENTAL INDUSTRY.
-
TRADE SHOW - PROVIDE AWARENESS OF SERVICES AVAILABLE TO THE MULTIFAMILY HOUSING INDUSTRY AND PROVIDE EDUCATION ON THE LATEST DEVELOPMENTS IN THE INDUSTRY (SPECTRUM AND MAINTENANCE FAIR).
-
ACE AWARDS - RECOGNIZE THOSE CONTRIBUTING TO THE INDUSTRY IN A POSITIVE MANNER AND RAISE POSITIVE AWARENESS OF WHAT THE INDUSTRY PROVIDES TO THE COMMUNITY.
-
LUNCH SEMINARS - EDUCATE PERSONS ON A MONTHLY BASIS ON CHANGES AND OPPORTUNITIES AVAILABLE IN THE INDUSTRY.
-
CHARITY GOLF TOURNAMENT - GOLF TOURNAMENTS BENEFITING THREE HOUSING CHARITIES IN THE PORTLAND METRO AREA AND ONE IN THE SOUTHERN WILLAMETTE VALLEY.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Renee LarsenRENEE LARSEN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Dan MasonDAN MASON
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Josh LloydJOSH LLOYD
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Andie SmithANDIE SMITH
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Chris HermanskiCHRIS HERMANSKI
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Greg FrickGREG FRICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Leah SykesLEAH SYKES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Maggie BankerMAGGIE BANKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ken BrownKEN BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Peter RosePETER ROSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jennifer WyncoopJENNIFER WYNCOOP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kimberly McCaffertyKIMBERLY MCCAFFERTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jennifer McCordJENNIFER MCCORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Lisa NerheimLISA NERHEIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Lisa BollingerLISA BOLLINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tiffany WallaceTIFFANY WALLACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tim JellumTIM JELLUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jessie Miller Thru 33122JESSIE MILLER THRU 33122
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Deborah ImseDEBORAH IMSE
EXECUTIVE DIRECTOR
- Total calculated
- $214,773
- From this org
- $206,362
- From related orgs
- $0
- Other
- $8,411
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $181,362
- Bonus
- $25,000
- Other
- $0
- Deferred
- $5,445
- Nontaxable benefits
- $2,966
- Filer's total
- $214,773
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$16,887
GENERAL SUPPORT
-
GENERAL SUPPORT
-
$16,679
GENERAL SUPPORT
-
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 17 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311109349300636
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