Overview
What is Rent Stablization Association Of Nyc Inc?
Rent Stabilization Association of NYC Inc. is a nonprofit organization situated in New York City, specifically at 123 William Street, offering support primarily to rental property owners who manage rent-regulated apartments. Their mission involves advocating for property rights through legislative and legal actions, keeping members informed on critical issues, and providing necessary services to ensure compliance with state and local laws. They achieve this by offering resources such as newsletters, seminars, and outreach mechanisms, as well as directly or indirectly providing essential services for maintaining and operating properties. Additionally, Rent Stabilization Association of NYC Inc. supplies computerized rent registration for rent-stabilized apartments and collaborates with the New York State Division of Housing and Community Renewal, ensuring compliance with relevant laws and regulations. With a team of 22 employees, the association actively represents its members' interests before government bodies and supplies data to the Rent Guidelines Board for discussions regarding rent increases for rent-stabilized apartments.
Official website here: www.rsanyc.net
Is Rent Stablization Association Of Nyc Inc legitimate?
Rent Stablization Association Of Nyc Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Rent Stablization Association Of Nyc Inc 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: $1,788,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,448,561
For more financial information, click here
Official website here: www.rsanyc.net
What is the mission statement of Rent Stablization Association Of Nyc Inc?
The Rent Stabilization Association of New York City (RSA) primarily serves the property rights of its members, who are rent-regulated property owners in New York City, through legislative and legal actions. It keeps its members informed on critical issues through various outreach mechanisms such as newsletters, seminars, and its website. The association provides services to landlords, including facilitating the computerized rent registration of rent-stabilized apartments in compliance with New York State and City laws and regulations. RSA's membership dues are primarily used to provide information regarding rent-stabilized apartments to its members via newsletters, emails, and other publications. The organization is actively involved in representing the interests of its members before state and local governments, supplying data to the Rent Guidelines Board for deliberations on rent increases for rent-stabilized apartments, and holding discussions and meetings with government on technical changes and building regulations related to members' buildings.
Official website here: www.rsanyc.net
What is the revenue of Rent Stablization Association Of Nyc Inc?
Rent Stablization Association Of Nyc Inc's revenue in 2023 was $8,069,485.
Official website here: www.rsanyc.net
Who are the executives of Rent Stablization Association Of Nyc Inc and what are their salaries?
The average compensation at Rent Stablization Association Of Nyc Inc during 2023 was $154,133. There are 21 employees and 30 volunteers at Rent Stablization Association Of Nyc Inc.
Here are 37 key members and their salaries:
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Official website here: www.rsanyc.net
Where can I find the form 990 for Rent Stablization Association Of Nyc Inc?
Rent Stablization Association Of Nyc Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rsanyc.net
Learn more at the official website: www.rsanyc.net
Mission Statement of Rent Stablization Association Of Nyc Inc
Rent Stabilization Association of NYC, often abbreviated as RSA, is an organization dedicated to advocating for the property rights of its members, who are rent-regulated property owners in New York City. Through legislative and legal actions, RSA seeks to protect the interests of its members, keeping them informed on critical issues through various means such as newsletters, seminars, and its website. In addition to advocacy, RSA provides essential services to its members, helping them maintain and operate their properties within the legal requirements.
At the heart of RSA's mission is the computerized rent registration of rent-stabilized apartments in compliance with NYS and NYC laws and regulations. The organization collects membership dues, which are primarily based on a fee of $7.00 per apartment/unit. These dues are utilized to provide valuable information about rent-stabilized apartments to its members via newsletters, emails, and other publications. Furthermore, RSA actively represents the interests of its members before state and local governments, supplying data to the Rent Guidelines Board in its deliberations regarding rent increases for rent-stabilized apartments.
In summary, Rent Stabilization Association of NYC is a crucial organization for rent-regulated property owners in New York City. It advocates for their property rights, provides essential services, and ensures compliance with legal requirements. By collecting membership dues and utilizing them to disseminate information and represent members' interests, RSA plays a significant role in supporting the rental property market in New York City.
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Impact
October, 2024
The Rent Stabilization Association of NYC Inc. plays a vital role in advocating for the property rights of rent-regulated property owners in New York City. By engaging in legislative and legal action, the organization ensures that the interests of landlords are represented before state and local governments. This advocacy is crucial in shaping policies that affect rent stabilization and property management.
Through various outreach mechanisms such as newsletters, seminars, and a comprehensive website, the association keeps its members informed about critical issues that impact their properties and operations. This ongoing education helps landlords navigate the complexities of rent stabilization laws and regulations effectively.
Another significant impact of the association is its provision of services that assist landlords in managing their properties legally and efficiently. By offering resources like computerized rent registration and referrals for necessary services, the organization helps property owners maintain compliance with legal requirements, ultimately fostering a better rental environment in the city.
Additionally, the association contributes valuable data to the Rent Guidelines Board, influencing discussions on rent increases for stabilized apartments. This engagement ensures that the concerns of property owners are considered in rental policy decisions, further solidifying the group's influence in the sector.
Overall, the Rent Stabilization Association of NYC Inc. not only advocates for landlords but also plays an essential role in promoting community improvement through informed property management and regulatory compliance.
This information is meant to be a general summary of Rent Stablization Association Of Nyc Inc. 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 2023.
- Investment Income: $1,467,835
- Program Service Revenue: $5,539,404
- Gross Receipts: $24,809,960
Assets and Liabilities:
- Total Assets: $57,864,852
- Total Liabilities: $6,215,979
- Net Assets: $51,648,873
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$3,294,343
SAFETY RELATED SVCS
Revenue
$934,567
LEGAL FUND
Revenue
$612,239
RENT REGISTRATION
Revenue
$565,642
LEASE RENEWAL
Revenue
$84,529
Organization Details
Founding Year
1970
Principal Officer
Joseph Strasburg
Website
www.rsanyc.netNTEE Category
Code: S47 - Community improvement
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