Overview
What is American Rental Association Inc?
American Rental Association Inc, headquartered in Moline, Illinois, is a nonprofit organization dedicated to supporting the success of its members and promoting the growth of the equipment and event rental industry. They accomplish this through various means, such as hosting an annual convention, publishing a magazine, and providing a range of member services. The organization's primary activities involve significant expenses, including travel, accommodations, venue rentals, transportation, decoration, activities, and speaker fees, all aimed at benefiting their members nationwide. The American Rental Association Inc currently employs 73 individuals.
Official website here: www.ararental.org
What do the Facebook reviews say about American Rental Association Inc?
100% of 11 reviewers on Facebook recommend the American Rental Association Inc. Here is a summary of their reviews:
Reviewers express strong satisfaction with the support provided by the association, highlighting its dedication to rental store owners. The ARA Show, along with various educational opportunities, employee training programs, and driver training, received particular praise. Many appreciate the networking and social events organized across different states, indicating a commitment to community building within the industry.
Overall, the American Rental Association Inc. appears to effectively meet the needs of its members, offering valuable resources and enhancing professional development. The enthusiasm among reviewers suggests that the association plays a crucial role in fostering growth and connection within the rental community.
This AI summary has been generated from reviews found on Facebook.
Is American Rental Association Inc legitimate?
American Rental Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Rental Association 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: $735,806
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,384,046
For more financial information, click here
Official website here: www.ararental.org
What is the mission statement of American Rental Association Inc?
The American Rental Association Inc's mission is centered around supporting the success of its members and advancing the equipment and event rental industry. This is achieved through various means, including hosting an annual convention, publishing a magazine, and providing various member services. The organization's primary goal is to support the growth and development of the rental industry, benefiting its members nationwide. The annual convention, a significant event, involves expenses such as travel, accommodation, hall rental, transportation, decorations, activities, and speaker fees.
Official website here: www.ararental.org
Who is the CEO of American Rental Association Inc?
Anthony Conant is the Region Seven Director of American Rental Association Inc. The CEO's salary of American Rental Association Inc is $680,105 and their total compensation is $735,806.
Official website here: www.ararental.org
What is the revenue of American Rental Association Inc?
American Rental Association Inc's revenue in 2022 was $9,988,936.
Official website here: www.ararental.org
Who are the executives of American Rental Association Inc and what are their salaries?
The average compensation at American Rental Association Inc during 2022 was $83,834. There are 73 employees and 150 volunteers at American Rental Association Inc.
Here are 24 key members and their salaries (American Rental Association Inc's CEO's salary is $680,105 and their total compensation is $735,806):
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- Compensation: $173,618
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- Other: $28,582
Official website here: www.ararental.org
Where can I find the form 990 for American Rental Association Inc?
American Rental Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ararental.org
Learn more at the official website: www.ararental.org
Mission Statement of American Rental Association Inc
The American Rental Association Inc, as stated in its mission, is committed to fostering the success of its members and advancing the equipment and event rental industry. This mission is carried out through various means, including holding an annual convention and producing a magazine, as well as providing various member services. The organization's primary goal is to support its members in the rental industry, while simultaneously working towards the overall advancement of this sector.
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Impact
October, 2024
American Rental Association Inc significantly impacts the equipment and event rental industry by facilitating member success and fostering a collaborative community. Through initiatives like its annual convention, the organization provides a vital platform for industry professionals to connect, share insights, and learn from experts.
The convention serves not only as a networking opportunity but also features educational sessions and workshops that enhance members’ knowledge and skills. This approach ultimately strengthens the industry by promoting best practices and innovation among rental businesses.
In addition to events, the association produces a magazine that keeps members informed about industry trends, news, and advancements, further supporting their growth. The cumulative effect of these efforts contributes to the overall enhancement of the rental sector, bolstering economic activity and community improvement across the nation.
This information is meant to be a general summary of American Rental Association 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 2022.
- Investment Income: $1,027,730
- Program Service Revenue: $7,523,916
- Gross Receipts: $13,963,033
Assets and Liabilities:
- Total Assets: $57,306,324
- Total Liabilities: $11,090,286
- Net Assets: $46,216,038
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$3,973,221
RENTAL MGMT MAGAZINE
Revenue
$1,903,361
EDUCATION AND BUSINESS RESOURCES
Revenue
$1,169,758
GOVERNANCE
Revenue
$251,530
Organization Details
Founding Year
1956
Phone
(309) 764-2475Principal Officer
Anthony Conant
Main Address
1900 19TH STREET, MOLINE, IL, 61265
Website
www.ararental.orgNTEE Category
Code: S41 - Community improvement
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