Civic Intelligence

Apartment Association Of

EIN 57-0740439 • 501(c)6 • Columbia, SC

Profile

The purpose 0f the apartment association 0f greater columbia shall be to serve, promote, and protect the interest of the multi-family industry through education, legislation, communication and community involvement. It is this association's goal to improve the industry by uniting professional property management with its products and services members. This association offers a variety of membership benefits and services that enable members to achieve their personal and professional goals

PO Box 1763Columbia, SC 29202

aagcolumbia.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.03x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.02x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

53rd percentile

2.0%

Higher net margin than 53% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

61st percentile

4.2%

Faster asset growth than 61% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

2.9%

Faster revenue growth than 56% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$179,833

Up $7,267 (+4.2%) from 2023

Liabilities

Up

$5,251

Up $2,579 (+97%) from 2023

Net Assets

Up

$174,582

Up $4,688 (+2.8%) from 2023

Operations
Liabilities / Revenue65th percentileNet Margin53rd percentile

Revenue

Up

$241,895

Up $6,918 (+2.9%) from 2023

Expenses

Up

$237,056

Up $2,192 (+0.9%) from 2023

Net Income

Up

$4,839

Up $4,726 (+4182%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2011: $53,331Liabilities 2011: $02011Assets 2012: $36,806Liabilities 2012: $02012Assets 2013: $38,913Liabilities 2013: $0Net Assets 2013: $38,9132013Assets 2014: $48,586Liabilities 2014: $0Net Assets 2014: $48,5862014Assets 2015: $38,129Liabilities 2015: $337Net Assets 2015: $37,7922015Assets 2016: $40,165Liabilities 2016: $597Net Assets 2016: $39,5682016Assets 2017: $74,330Liabilities 2017: $1,148Net Assets 2017: $73,1822017Assets 2018: $96,829Liabilities 2018: $692Net Assets 2018: $96,1372018Assets 2019: $109,833Liabilities 2019: $957Net Assets 2019: $108,8762019Assets 2020: $141,559Liabilities 2020: $1,813Net Assets 2020: $139,7462020Assets 2021: $168,808Liabilities 2021: $9,947Net Assets 2021: $158,8612021Assets 2022: $171,236Liabilities 2022: $1,455Net Assets 2022: $169,7812022Assets 2023: $172,566Liabilities 2023: $2,672Net Assets 2023: $169,8942023Assets 2024: $179,833Liabilities 2024: $5,251Net Assets 2024: $174,5822024

Highlighted filing

2024

Assets$179,833
Liabilities$5,251
Net Assets$174,582
Open 2024 Filing

Operations Trend

Revenue Growth56th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $159,216Expenses 2011: $157,275Net Income 2011: $1,9412011Revenue 2012: $137,277Expenses 2012: $153,802Net Income 2012: -$16,5252012Revenue 2013: $166,868Expenses 2013: $164,761Net Income 2013: $2,1072013Revenue 2014: $150,727Expenses 2014: $141,054Net Income 2014: $9,6732014Revenue 2015: $173,604Expenses 2015: $184,398Net Income 2015: -$10,7942015Revenue 2016: $183,654Expenses 2016: $181,928Net Income 2016: $1,7262016Revenue 2017: $214,239Expenses 2017: $180,625Net Income 2017: $33,6142017Revenue 2018: $215,558Expenses 2018: $192,638Net Income 2018: $22,9202018Revenue 2019: $245,005Expenses 2019: $232,266Net Income 2019: $12,7392019Revenue 2020: $173,492Expenses 2020: $142,641Net Income 2020: $30,8512020Revenue 2021: $180,041Expenses 2021: $160,968Net Income 2021: $19,0732021Revenue 2022: $226,843Expenses 2022: $215,923Net Income 2022: $10,9202022Revenue 2023: $234,977Expenses 2023: $234,864Net Income 2023: $1132023Revenue 2024: $241,895Expenses 2024: $237,056Net Income 2024: $4,8392024

Highlighted filing

2024

Revenue$241,895
Expenses$237,056
Net Income$4,839
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$179,833
Liabilities
$5,251
Net assets
$174,582
Revenue
$241,895
Expenses
$237,056
Net income
$4,839
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.80$0.05$1.75$2.42$2.37$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.73$0.03$1.70$2.35$2.35$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.71$0.01$1.70$2.27$2.16$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.69$0.10$1.59$1.80$1.61$0.19
2020Detailed filing. Detailed filing data is available for this year.$1.42$0.02$1.40$1.73$1.43$0.31
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.01$1.09$2.45$2.32$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.97$0.01$0.96$2.16$1.93$0.23
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.01$0.73$2.14$1.81$0.34
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.01$0.40$1.84$1.82$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$1.74$1.84$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$1.51$1.41$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$1.67$1.65$0.02
2012Summary only. Only limited summary data is available for this year.$0.37$0.00$1.37$1.54$0.17
2011Summary only. Only limited summary data is available for this year.$0.53$0.00$1.59$1.57$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 16, 2025
Return Version
2024v5.1
Gross Receipts
$349,973
Mission and Program Overview

Mission

The purpose 0f the apartment association 0f greater columbia shall be to serve, promote, and protect the interest of the multi-family industry through education, legislation, communication and community involvement. It is this association's goal to improve the industry by uniting professional property management with its products and services members. This association offers a variety of membership benefits and services that enable members to achieve their personal and professional goals

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$169,894$174,582▲ $4,688
Savings and Temporary Cash Investments$166,536$142,971▼ $23,565
Cash and Non-Interest-Bearing Accounts$5,463$34,942▲ $29,479
Prepaid Expenses and Deferred Charges$567$647▲ $80
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$172,566$179,833▲ $7,267
Other Assets Total-$1,273-
Liabilities
Other Liabilities$2,672$5,251▲ $2,579
Total Liabilities$2,672$5,251▲ $2,579
Net Assets / Fund Balance
Total Net Assets Fund Balance$169,894$174,582▲ $4,688
Total Liabilities and Net Assets / Fund Balance$172,566$179,833▲ $7,267
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Falon SharpeChair Comm Out
Brianna FavreChair, Adv & Ed
Megan HahnChair, Lead Dev
Parker BolandChair, Maint
Rayna PlowdenChair, Member
Diana KellyChair, Programs
Christopher LewisChair, Spec Hou
Heather CannonCo-Chair, DEI
Samantha M HooverPresident
Caroline MashVice President
Chris CarterBoard Advisor
Mercy DirksDeputy Director
Donald WoodExecutive Director
LaCole B GadsonImmed Past Pres
Kirk OttsMember-At-Large
Kara HoffmanProd & Services
Kevin WhiteProd & Services
Sean TropeaProd & Services
Leslie SerpasProducts & Serv
Kim TitusSecretary
Crystal DukesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$229,818
Investment Income
$6,435
Other Revenue
$5,642
Change in Net Assets
$4,839
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$224,181
Grants and Similar Amounts Paid$12,875
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$65,000--$65,000
All Other Expenses$53,808--$53,808
Other Expenses$18,434--$18,434
Grants to Domestic Orgs$12,875--$12,875
Insurance$1,825--$1,825
Fees for Services Accounting$530--$530
Travel$454--$454
Total Functional Expenses$237,056$0$0$237,056
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
VariousColumbia, SC-Donation$12,875
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$108,078
Fundraising Gross Income$79,918
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Expo$37,365$37,365$3,880$33,485
Golf Tournament$24,368$24,368$11,410$12,958
Total Events$72,003$72,003$67,359$4,644
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$5,251
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“Governing Documents, policies, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Apartment Association of
EIN
57-0740439
Phone
8032525032
Address
PO Box 1763, Columbia, SC 29202

Signing Officer

Name
Donald Wood
Title
Executive Director
Signed
2025-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Wood
Legal Domicile
Sc
Voting Board Members
21
Independent Board Members
20
Employees
0

Preparer

Firm
The Hobbs Group PA
Address
1704 Laurel Street, Columbia, SC 29201
Preparer
Will Stevens CPA
Phone
8037990555
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Bank Service Charge: Column (A) - Total = $5303; Column (B) - Program Services = $5303; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Board of Directors Costs: Column (A) - Total = $9315; Column (B) - Program Services = $9315; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Brown Bag Sessions: Column (A) - Total = $147; Column (B) - Program Services = $147; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Holiday Social: Column (A) - Total = $4911; Column (B) - Program Services = $4911; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Membership: Column (A) - Total = $9100; Column (B) - Program Services = $9100; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Miscellaneous: Column (A) - Total = $4410; Column (B) - Program Services = $4410; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“NAA Better Government fund: Column (A) - Total = $344; Column (B) - Program Services = $344; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Office Supplies: Column (A) - Total = $1427; Column (B) - Program Services = $1427; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Postage and Shipping: Column (A) - Total = $565; Column (B) - Program Services = $565; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Printing and Publications: Column (A) - Total = $4655; Column (B) - Program Services = $4655; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“SCAA Dues: Column (A) - Total = $4768; Column (B) - Program Services = $4768; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Telephone: Column (A) - Total = $1320; Column (B) - Program Services = $1320; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Website Expense: Column (A) - Total = $7543; Column (B) - Program Services = $7543; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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IRS990/Form990PartVIISectionAGrp/PersonNm2Kirk Otts
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IRS990/Form990PartVIISectionAGrp/PersonNm5Kevin White
IRS990/Form990PartVIISectionAGrp/PersonNm6Crystal Dukes
IRS990/Form990PartVIISectionAGrp/PersonNm7Samantha M Hoover
IRS990/Form990PartVIISectionAGrp/PersonNm8Kim Titus
IRS990/Form990PartVIISectionAGrp/PersonNm9Chris Carter
IRS990/Form990PartVIISectionAGrp/PersonNm10Mercy Dirks
IRS990/Form990PartVIISectionAGrp/PersonNm11Megan Hahn
IRS990/Form990PartVIISectionAGrp/PersonNm12Falon Sharpe
IRS990/Form990PartVIISectionAGrp/PersonNm13Leslie Serpas
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IRS990/Form990PartVIISectionAGrp/PersonNm16Rayna Plowden
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IRS990/Form990PartVIISectionAGrp/PersonNm18Diana Kelly
IRS990/Form990PartVIISectionAGrp/PersonNm19Brianna Favre
IRS990/Form990PartVIISectionAGrp/PersonNm20Christopher Lewis
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Member-At-Large
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IRS990/Form990PartVIISectionAGrp/TitleTxt7President
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Advisor
IRS990/Form990PartVIISectionAGrp/TitleTxt10Deputy Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Chair, Lead Dev
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IRS990/Form990PartVIISectionAGrp/TitleTxt18Chair, Programs
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