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LANDLORDS ASSOCIATION OF TOMPKINS COUNTY

ITHACA, NY · EIN 161403228 · Form 990 · FY2024 · NTEE S41 · Community Improvement · Small ($100K-$1M) · landlordsassociation.com
revenue
$249K
expenses
$43K
net assets
$1.7M
employees
0
program ratio
0%
mission · from form 990

ORGANIZATION'S GOAL HAS BEEN TO CREATE A FORUM FOR THE EXCHANGE OF IDEAS PERTAINING TO FINANCIAL STRATEGIES, TENANT RELATIONS, BUSINESS MANAGEMENT, BUILDING MAINTENANCE AND TO KEEP OUR MEMBERS UPDATED ON LOCAL AND NATIONAL LAWS, REQUIREMENTS, AND CONCERNS RELATED TO RENTAL HOUSING. PROVIDES LEADERSHIP IN AREA OF BUSINESS AND WORKS WITH LOCAL GOVERNMENTS ON HOUSING RELATED ISSUES, ADVOCATING FOR REASONABLE REGULATIONS.

profile · synthesized from sources

The Landlords Association of Tompkins County (LATC) is a nonprofit organization founded in 1990 to represent rental and commercial property owners and managers in Tompkins County, New York. The organization fosters professional development through regular meetings featuring expert speakers on topics such as tenant relations, property maintenance, and local housing regulations. It also advocates for reasonable housing policies and provides members with resources, networking opportunities, and sponsor discounts.

named programs · 4 · from sources

What they call their work

Annual Picnic
Yearly catered social event for members and their families held at Stewart Park in Ithaca
Landlords Message Board
Private online forum for members to ask questions, share information, and discuss landlord-related issues
Monthly General Meetings
Regular in-person and virtual meetings featuring expert speakers on topics such as tenant relations, property maintenance, tax strategies, and local housing laws
Sponsorship Program
Partnership with local and national businesses offering members exclusive discounts on products and services used in property management
activities · 5 groups

What they do

  • Housing Policy Advocacy & Tenant Organizing 1 activity
    • Advocates for landlord interests in housing policy
      Engages in advocacy by working with local governments on housing-related issues, promoting reasonable regulations, and opposing state legislation such as S8125A that would suspend rent payments. Submits advocacy documents to local and state officials including the Mayor of Ithaca, Common Council members, County Legislators, and the Governor.
  • Professional Association Capacity Building 1 activity
    • Facilitates peer learning and knowledge exchange among landlords
      Creates a forum for landlords to exchange ideas on financial strategies, tenant relations, business management, and building maintenance, including updates on local and national rental housing laws and regulations. Hosts regular meetings with expert speakers and hybrid-format events to improve property management standards and support professional networking.
  • Regular Membership Meetings 1 activity
    • Hosts member meetings and community events
      Organizes general meetings featuring presentations from experts and local officials on topics such as energy audits, fire safety, and partnerships with businesses like Home Depot. Also hosts annual social events such as a picnic at Stewart Park to foster community among members.
  • Professional Training for Real Estate and Building Practitioners 1 activity
    • Provides educational programming on property management topics
      Hosts educational sessions for landlords on pest prevention and management, changes in eviction procedures, enforcement of EPMO violations, Section 8 voucher processes, NYSERDA energy audits, fire safety, and property tax reassessment. These sessions are delivered in-person, virtually, and in hybrid formats to increase accessibility.
  • Uncategorized 1 activity
    • Operates a rental listing platform for Ithaca and Tompkins County
      Maintains an online platform to help individuals find rental housing in Ithaca and Tompkins County, supporting both renters and property owners by increasing visibility and access to available units.
financials · form 990 · fy2024
revenue
Total revenue$249K
Contributions & grants$22K9%
Program service revenue$178K71%
Investment income$50K20%
Other revenue$0
expenses
Total expenses$43K
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$1.67M
Cash$1.66M
Investments$0
Liabilities$0
Net assets$1.67M
Liquid reserves462.8 mo
5 years on record · 2019–2024 · YoY revenue -3.1%
leadership · form 990 part vii · fy2024

Who runs it

board members · 7
  • CAROL SCHMITT — BOARD MEMBER
  • DAVID GERSH — BOARD MEMBER
  • GINI VIDAL — SECRETARY
  • GRACE PETRISIN — BOARD MEMBER
  • JIM LANE — BOARD MEMBER
  • RICK HUBER — BOARD MEMBER
  • RUSS MAINES — BOARD MEMBER
relationships · 30

Who they work with

  • Brian Grout Partner — Member of LATC and co-chair of the Sponsorship Committee.
  • City of Ithaca Government — Collaborates with the City of Ithaca on local landlord and rental resources.
  • City of Ithaca Government — Engaged in advocacy efforts related to city policies and communicated with elected officials including the Mayor and Common Council.
  • Coughlin & Gerhart, LLP Partner — Collaborates with the association to provide legal expertise on landlord-tenant law and eviction procedures.
  • Home Depot Partner — Collaborates with Home Depot representatives to provide members with information on building materials and tools.
  • Home Depot Partner — Partnered through Pro-xtra account program and provided presentations on building materials and tools for landlords.
  • Immersion Factory LLC Partner — Provided presentations on using 3D tours to help landlords rent properties faster.
  • Ithaca Fire Department Partner — Partners to provide fire safety education and inspection preparedness guidance to landlords.
  • Ithaca Housing Authority Partner — Collaborated on a presentation about Section 8 vouchers and tenant acceptance processes.
  • Kayla Clark Partner — Member of LATC and co-chair of the Sponsorship Committee.
  • LATC members Network — Facilitates communication and professional exchange among member landlords through a moderated listserv.
  • Local governments in Tompkins County Government — Works with local governments on housing-related issues and regulatory advocacy.
  • Local governments in Tompkins County Partner — Collaborates with local governments on housing-related issues and regulatory advocacy.
  • NYSERDA Partner — Collaborates on rental property energy audit programs through Halco Energy.
  • National Fire Adjustment Company Partner — Featured as a premium sponsor providing information on insurance claims and public adjusters.
  • National Fire Adjustment Company Partner — Premium sponsor providing information on steps to take after property loss.
  • Sherwin Williams Partner — Provided paint discounts and sponsored meetings.
  • Sponsorship Committee Partner — Committee composed of LATC members that reviews and selects sponsor businesses.
  • Sponsorship Committee Partner — Committee of LATC members that reviews and recommends businesses for sponsorship.
  • Sprague & Jackson Partner — Local accounting firm providing tax-related presentations to members.
  • Sprague and Jackson Partner — Ithaca-based accounting firm providing updates on tax filing changes.
  • State of New York Government — Advocated before state-level officials, including Governor Cuomo, on proposed rental legislation.
  • Taitem Engineering PC Partner — Engineering firm providing guidance on fire escape inspections and common deficiencies.
  • Tompkins County Government — Communicated with County Legislators and departments on policy issues affecting landlords.
  • Tompkins County Government — Engages with Tompkins County officials, including legislators, on matters related to public safety and budgeting.
  • Tompkins County Government — Partners with Tompkins County on regional landlord and housing initiatives.
  • Tompkins County Department of Assessment Partner — Engages with the department to deliver educational content on property reassessment and tax policy to members.
  • Warehouse Carpet Partner — Featured as a premium sponsor offering services and product insights to landlords.
  • ithacarents.com Partner — Collaborates with ithacarents.com to list rental properties and support landlord needs.
  • ithacarents.com Partner — Platform used to list rental properties in Ithaca and Tompkins County.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Peer Learning Network for Landlord Capacity Building
    methodology: peer_learning_network
    By fostering peer-to-peer learning and knowledge sharing among landlords, the organization improves rental property management practices because shared experience increases practical understanding and adoption of effective strategies.
  • Policy Advocacy Through Collaborative Representation
    methodology: policy_advocacy
    By engaging with local and state-level policymakers through forums, coalitions, and lobbying resources, the organization influences housing regulations to be more balanced and landlord-informed because collective advocacy amplifies member voices and shapes regulatory outcomes.
  • Preventive and Educational Support for Property Integrity
    methodology: preventive_property_management
    By providing education on legal compliance, energy efficiency, pest prevention, and tax policy, the organization helps landlords maintain property quality and regulatory adherence because proactive knowledge reduces risk and improves long-term management decisions.