These are some of the details made public in the association’s 2014 tax return.
The returns are made public and will be reviewed at Thursday’s monthly board of directors meeting as RA prepares for the upcoming budget cycle.
Among the details:
The association earned $15.8 million in program services revenue, slightly up from the previous year.
RA has $30.8 million in total assets, including property.
Top base salaries at RA were paid to CEO Cate Fulkerson ($180,000); Senior Director of Parks, Recreation and Community Resources Larry Butler ($129,076); CFO David Harirs ($116,846) and Director of Communications Kirsten Carr ($108,039). Harris and Carr both left the association in 2015.
The highest paid contractors were Chadwick Washington (legal): $430,683; KTL Solutions (IT): $233,808; Brittenford Systems (IT): $207,143; Odin, Feldman & Pittleman (legal) $139,731; and Millennium Pool Services: $205,853.
RA earned $15.8 million in program service revenue, including $12.8 million from memberships, $1.1 million from recreational programs, $1,064,546 from management and staff services and $711,467 from operating programs. RA’s investment income was $24,248.
RA’s total expenses were $14.8 million. Among them:
- Salaries: $6.5 million
- Grants: $27,772
- Payroll taxes: $541,404
- Legal fees: $645,448
- Accounting: $45,576
- Investment management fees: $18,129
- Advertising: $12,576
- Office expenses: $1,090,605
- IT: $118,179
- Occupancy: $825,736
- Travel: $136,638
- Insurance: $375,833
- Program supplies: $306,688
- Equipment: $593,884
- Bad debt: $85,000