EIN 13-2634120

Rent Stablization Association of Nyc (RSA)

IRS 501(c) type
501(c)(6)
Num. employees
21
Year formed
1970
Most recent tax filings
2023-12-01
Description
The RSA (Rent Stabilization Association of N.Y.C.,) is the largest trade association in New York City exclusively dedicated to protecting and serving the interests of the residential housing industry.
Also known as...
Rent Stabilization Association of Nyc; Rent Stabilization Association of New York City; New York Apartment Association
Total revenues
$8,069,485
2023
Total expenses
$8,993,357
2023
Total assets
$59,870,343
2023
Num. employees
21
2023

Program areas at RSA

Membership dues- membership income is based on a fee of $7.00 per apartment/unit. Dues are used for providing information regarding Rent stabilized apartments via newsletter, email & other publications. The organization is active in representing the interests of owners before the state and local governments. Rsa supplies data to the Rent guidelines board in its deliberations with regard to Rent increases for Rent stabilized apartments, and holds discussions and meetings with government on technical changes and building regulations involved with members' buildings.
Legal fund- the legal fund consists of voluntary contributions restricted to matters related to regulations and laws enacted on federal, state and local levels, and to assist members in initiating and appealing litigation claims. Such revenue is recognized at the time when contributions are made.
Safety related services-window guard/lead paint services: these services consists of mailings to over 400,000 tenants so that real estate owners and management agents can determine if window guards need to be installed in accordance with new york city law. Fire safety service: on an annual basis, all owners of multiple dwellings must comply with the new york city fire department regulations, requiring owners to prepare and distribute a fire safety plan containing fire safety and evacuation procedures.additionally, it is required for owners to distribute and post a fire safety notice informing residents of procedures to be followed in the event of a fire in the building. Rsa fire safety services prepares and distributes all required information, including:-development of a customized fire safety plan for each building-mailing fire safety plan to all tenants and building employees -furnishing appropriate fire safety notices (long-lasting self adhesive vinyl) to be posted in individual apartments-providing proof of mailing and meeting four year record requirements
Rent registration- this service provides registration of Rent stabilized apartments and record/information retention as required by new york state division of housing & committee renewal (dhcr).lease renewal service- rsa sends out forms to landlords for the renewal of the tenants' leases, as scheduled, prior to the lease expirations. The leases provide for choices of one and two year renewals and the appropriate increases.

Grants made by RSA

GranteeGrant descriptionAmount
Community Housing Improvement Program (CHIP)General Support$654,922
Women in Need (WIN)General Support$15,000
Inner CircleGeneral Support$8,500

Personnel at RSA

NameTitleCompensation
Vito SignorileVice President Communications$109,616
Joseph StrasburgPresident$1,025,423
Michael TobmanMarketing Director$139,138
Olga SomerasGeneral Counsel$223,339
Maria AguasController$200,858
...and 9 more key personnel

Financials for RSA

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$5,539,404
Investment income and dividends$1,467,835
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,010,291
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$51,955
Total revenues$8,069,485

Form 990s for RSA

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-29990View PDF
2022-122023-05-15990View PDF
2021-122022-05-12990View PDF
2020-122021-06-30990View PDF
2019-122020-09-17990View PDF
...and 10 more Form 990s
Data update history
October 21, 2024
Used new vendors
Identified 3 new vendors, including , , and
July 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 27, 2023
Used new vendors
Identified 1 new vendor, including
May 12, 2023
Updated personnel
Identified 30 new personnel
Nonprofit Types
Grantmaking organizationsTrade associationsBusiness and community development organizationsReal estate organizationsHeadquarter / parent organizations
Issues
Human servicesHousingBusiness and industry
Characteristics
MembershipsState / local levelRelated 527
General information
Address
123 William St 12 FL
New York, NY 10038
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
rsanyc.net/ 
Phone
(212) 214-9200
Facebook page
RSAnyc 
Twitter profile
@thersanyc 
IRS details
EIN
13-2634120
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1970
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S47: Real Estate Organizations
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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