American Resort Development Association

Washington, DC · Business league / trade association · Since 1969

! Not tax-deductible Latest data FY2025
Revenue
$11.2M
▲ +5% vs prior year
Spent
$11.3M
Net assets
$10.5M

Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).

Figures match the IRS filing checked 8/12/26 · see original: IRS

Status and standing

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
Not on file
Spent on programs?
Not on file
Size and trend
$10–100M
↑ +5% vs prior year
Legal name (IRS)Hdr · item CAmerican Resort Development Association
EINHdr · item D52-0895129
Exempt statusHdr · item I501(c)(6) · active
Ruling yearIRS BMFJun 1971
Year of formationHdr · item L1969
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CWashington, DC
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.arda.org

Financial health

Revenue & expenses by yearFY2020–FY2025
Revenue
$11.2M
FY2025▲ +5%
Expenses
$11.3M
FY2025▲ +7%
Operating surplus
-1%
revenue over expenses▼ -267% vs prior filing year
Earned revenue
84%
of revenue from program services & dues▼ -8% vs prior filing year
Payroll share
49%
of spending is salaries & benefits▼ -0.7% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$15.3M
FY2025▼ -4%
Total liabilities
$4.9M
FY2025▼ -10%
Revenue less expensesPt I · Ln 19−$135K
Total assetsPt X · Ln 16$15.3M
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 349
Independent voting membersPt I · Ln 448

Balance Sheet

Part X · end of year
CashLn 1$2.0M
Total assetsLn 16$15.3M
Total liabilitiesLn 26$4.9M
Total net assetsLn 32$10.5M
Months of cash on handcomputed2.1

Statement of Revenue

Part VIII
Program service revenue$9.4M · 84%
Investment income$1.5M · 13%
Other revenue$243K · 2%
Program service revenue84%$9.4M
Investment income13%$1.5M
Other revenue2%$243K
Total revenueLn 12$11.2M

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12.9M · Operating expenses/yr $11.3M
13.7 months
Where the money goes
Program services
Program services — · Total expenses $11.3M
—
Management & General
Management & general — · Total expenses $11.3M
—
Fundraising
Fundraising — · Total expenses $11.3M
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $11.2M
0%
Government reliance
Government grants — · Total revenue $11.2M
—
Earned-income share
Program service revenue $9.4M · Total revenue $11.2M
84%
Investment reliance
Investment income $1.5M · Total revenue $11.2M
+13%
Program self-sufficiency
Program service revenue $9.4M · Total expenses $11.3M
83%
Growth & trend
Revenue growth (YoY)
This year $11.2M · Prior year $10.6M
+5%
Revenue CAGR
FY2019 $7.7M · FY2025 $11.2M
+6%
Net-asset trend (YoY)
End of year $10.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $11.2M · Expenses $11.3M
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $15.3M
—
Net-asset ratio
Net assets $10.5M · Total assets $15.3M
68%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $10.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $15.3M
71%
People & payroll
Highest Reported Total Compensation
Individual Jason Gamel · Reported title PRESIDENT · Highest reported compensation $782K · Total expenses $11.3M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $5.5M · Total expenses $11.3M
49%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$781,866Pt VII · Sec A
SR Vice President
$461,551Pt VII · Sec A
Vice President
$275,414Pt VII · Sec A
Vice President
$271,125Pt VII · Sec A
SR Vice President
$268,790Pt VII · Sec A
SR Vice President
$267,223Pt VII · Sec A
SR Vice President
$266,869Pt VII · Sec A
Vice President
$187,496Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2021
Howard Nusbaum——————
Jason Gamel$781,866$727,204$698,203$589,121$632,919$584,501
Sandra Depoy$461,551$429,469$420,743$408,992$366,605$372,205
Jenny Davlin——$201,042$356,250$247,947$250,445
Peter Roth——————
Robert Dunn$266,869$277,946$267,143$250,256$191,490$225,982
Robert Clements$275,414$257,761$242,464$231,536$190,283$188,809
Brian Kaltenbaugh$271,125$252,091$242,668$222,668$184,687$183,740

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a49
Independent voting membersPt VI · Ln 1b48
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Advocates for the timeshare industry through political lobbying, public relations campaigns, educational programs, and specialized industry publications to support resort developers.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2025.
01

Meetings and Awards

Arda offers the recreational real estate, resort and vacation ownership industry exceptional educational and networking opportunities through its annual convention, fall conference, and other events.

Pt IX · col B
02

Communicates and Publications

Arda publishes curated content relevant to the recreational real estate, resort and vacation ownership industry in articles, ebasts and other online formats.

Pt IX · col B
03

Legislative Affairs

Arda educates government officials and legislators about the recreational real estate, resort and vacation ownership industry.

Pt IX · col B

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $104K · 2023–2025

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $11.2M$11.3M+5% 990 PDF
FY2024 $10.6M$10.6M+6% 990 PDF
FY2023 $10.0M$9.9M-0.7% 990 PDF
FY2022 $10.1M$9.5M+604% 990 PDF
FY2021 $8.1M$8.2M+5% 990 PDF
FY2020 $7.7M$8.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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