Short Term Rental and Hospitality

Nonprofit profile at a glance

EIN
273279280
IRS 990-EZ coverage
2010–2010
Forms available
Form 990-EZ 2010
Location
Mamaroneck, NY, USA
Phone
6463748930
Rating
46
Verdict
MIXED
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$30,100
Expenses
$25,635
Assets
$4,465

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

5 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Corporation shall be organized and operated exclusively as aBusiness League within the meaning of section 501(c)(6)of the Internal Revenue Code of 1986 as amended(the"Code"). The purposes to be carried out by the activities of the Corporation are as follows: A. To promote the interests and improve the business conditions of individuals and entities who are in business of renting, leasing, subleasing, or listing for rent, lease or sublease, apartments, condominiums, co-ops, houses, bed & breakfasts, or other dwellings on a short term basis for a term of less than 30 days ("Short Term Rental and Hospitality Industry") B. To lobby, litigate or otherwise seek to influence, support or oppose existing or proposed legislation concerning or affecting the Short Term Rental and Hospitality Industry and the members of this Corporation; C. To educate its members on technical matters, business practices, legal issues, regulations, and environmental issues; D. To inform the public about the Shor

What it reported doing in 2010

Lobbying for changes to existing laws concerning short term rentals for a period of 30 days or less.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 23
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 21.6%; rating input score 22
  • Program expense ratio: 25.4%; rating input score 25

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 14.8%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 21.6% of revenue deployed · 25.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 22/100.
  • High — Financial Efficiency: Program expense ratio scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.