Overview
What is Community Associations Institute?
Community Associations Institute is a nonprofit organization situated in Glastonbury, Connecticut, with a mission to enhance the operations of community associations for the one-sixth of Americans living in condominiums, cooperatives, or homeowners associations. By providing educational programs, publications, and networking opportunities, the Institute aims to foster vibrant, competent, and harmonious community associations within their state. With a small team of two dedicated individuals, they strive to promote best practices and support both the communities and the businesses that serve them.
Official website here: www.caict.org
Is Community Associations Institute legitimate?
Community Associations Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Community Associations Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $65,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,723
For more financial information, click here
Official website here: www.caict.org
What is the mission statement of Community Associations Institute?
The Community Associations Institute is committed to promoting optimal community association operations for the one in six Americans residing in condominiums, homeowners associations (HOAs), or cooperatives (CO-OPs). Their goal is to nurture vibrant, competent, and harmonious community associations within their sphere. They achieve this by offering educational programs, publications, and networking opportunities, catering to both the communities and the businesses that serve them. The aim is to enhance the overall quality of life for these residents, fostering a sense of unity and cooperation within these communities.
Official website here: www.caict.org
Who is the CEO of Community Associations Institute?
Kim Mcclain is the Ex. Director of Community Associations Institute.
Official website here: www.caict.org
What is the revenue of Community Associations Institute?
Community Associations Institute's revenue in 2022 was $324,770.
Official website here: www.caict.org
Who are the executives of Community Associations Institute and what are their salaries?
The average compensation at Community Associations Institute during 2022 was $52,898. There are 2 employees and 10 volunteers at Community Associations Institute.
Here are 12 key members and their salaries:
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Official website here: www.caict.org
Where can I find the form 990 for Community Associations Institute?
Community Associations Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.caict.org
Learn more at the official website: www.caict.org
Mission Statement of Community Associations Institute
Community Associations Institute, often abbreviated as CAI, plays a crucial role in promoting optimal community association operations for the one in six Americans residing in condominiums, homeowners associations, or cooperatives. The organization's mission is to foster vibrant, competent, and harmonious community associations within their state. They achieve this objective by offering a variety of educational programs, publications, and networking opportunities to both the communities and the businesses that serve them. By doing so, CAI aims to elevate the standard of community association operations, ultimately benefiting the lives of millions of Americans who call these communities home.
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Impact
October, 2024
The Community Associations Institute plays a vital role in enhancing the quality of life for the one in six Americans who reside in condominiums, homeowner associations (HOAs), or cooperatives. By promoting best practices in community association operations, the organization fosters vibrant, competent, and harmonious environments in various residential settings.
Through a variety of educational programs, publications, and networking opportunities, it empowers residents and the businesses that serve them to create more effective and engaging communities. These initiatives not only enhance operational efficiency but also strengthen community bonds, leading to improved living conditions and overall satisfaction for residents. The focus on education and resource sharing equips community leaders with the knowledge they need to address challenges, facilitate collaboration, and promote proactive management strategies.
In essence, the Community Associations Institute's impact is seen in the well-maintained, efficiently run communities that contribute to a higher quality of life and promote neighborhood harmony across the state and beyond.
This information is meant to be a general summary of Community Associations Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,035
- Program Service Revenue: $296,168
- Gross Receipts: $324,770
Assets and Liabilities:
- Total Assets: $926,450
- Total Liabilities: $43,683
- Net Assets: $882,767
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$217,828
MEMBERSHIP DUES
Revenue
$78,340
Organization Details
Founding Year
1993
Phone
(860) 633-5692Principal Officer
Kim Mcclain
Main Address
1489 MAIN STREET, GLASTONBURY, CT, 06033
Website
www.caict.orgNTEE Category
Code: S41 - Community improvement
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