COMMUNITY ASSOCIATIONS INSTITUTE CENTRAL VIRGINIA CHAPTER

EIN: 541510053

RICHMOND, VA

Total Revenue
$202,250
Total Expenses
$206,588
Total Assets
$101,519
Net Assets
$101,519
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
VA
Principal Officer
BRANDI NUCKOLS
Phone
8047397655
Tax Period
2023-01-01 to 2023-12-31

COMMUNITY ASSOCIATIONS INSTITUTE CENTRAL VIRGINIA CHAPTER, founded in 1988, is a small nonprofit that reported $202K in total revenue in fiscal year 2023.

Mission

TO PROVIDE EDUCATION, NETWORKING, RESOURCES AND ADVOCACY FOR COMMUNITY ASSOCIATIONS AND THE PROFESSIONALS AND VOLUNTEERS WHO SERVE THEM.

Program Service Accomplishments

Program 1

SEMINARS ARE OFFERED TO MEMBERS TO PROVIDE EDUCATION ON ISSUES AFFECTING CONDOMINIUM, COOPERATIVE AND HOMEOWNERS ASSOCIATIONS. THIS INCLUDES ADMINISTERING THE ANNUAL "VIRGINIA LEADERSHIP RETREAT" IN...

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SEMINARS ARE OFFERED TO MEMBERS TO PROVIDE EDUCATION ON ISSUES AFFECTING CONDOMINIUM, COOPERATIVE AND HOMEOWNERS ASSOCIATIONS. THIS INCLUDES ADMINISTERING THE ANNUAL "VIRGINIA LEADERSHIP RETREAT" IN CONJUNCTION WITH THREE OTHER CAI CHAPTERS WITHIN THE COMMONWEALTH OF VIRGINIA. THE EVENT IS OPEN TO ALL COMMUNITY ASSOCIATION MANAGERS, MANAGEMENT COMPANY OWNERS AND BUSINESS PARTNER PROFESSIONAL MEMBERS. THE EDUCATIONAL SESSIONS ARE ADVANCED IN NATURE AND ARE DESIGNED TO DEVELOP THE CAREER PATHS OF THOSE WITH PREVIOUS MANAGEMENT EXPERIENCE. COURSES OFFERED WILL MEET CAMICB AND CAI WITH NINE HOURS OF CONTINUING EDUCATION CREDITS FOR COMMUNITY ASSOCIATION MANAGERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $202,245
Investment Income $5
Other Revenue $0
TOTAL REVENUE $202,250

Expense Breakdown

Grants Paid $0
Salaries & Benefits $64,642
Fundraising Expenses $0
Other Expenses $141,946
TOTAL EXPENSES $206,588

Year-over-Year Comparison

2023 2022 Change
Revenue $202,250 N/A N/A
Expenses $206,588 N/A N/A
Net Income $-4,338 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
6

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK BEERS PRESIDENT 1.00
Officer Director
$0 $0 $0
DONALD BOSWELL VICE PRESIDE 1.00
Officer Director
$0 $0 $0
LYNN SCHLESINGER SECRETARY 1.00
Officer Director
$0 $0 $0
TIFFANY BROWN TREASURER 1.00
Officer Director
$0 $0 $0
TIMOTHY O'CONNOR DIRECTOR 1.00
Director
$0 $0 $0
AARON GOODMAN DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $202,250 $206,588 $101,519 $-4,338
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