Civic Intelligence

Alabama Apartment Association

EIN 63-1078442 • 501(c)6 • Birmingham, AL

Profile

To promote and serve the interests of the membership by providing a network of resources that supports the growth, development, and ongoing needs of the Multifamily Housing Industry

2401 International Park Pl Ste 230Birmingham, AL 35243

www.alabamaapartmentassociation.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

25th percentile

-16%

Higher net margin than 25% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

29th percentile

-15%

Faster asset growth than 29% of similar nonprofits.

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

Revenue Growth

34th percentile

-8.0%

Faster revenue growth than 34% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$450,688

Down $171,071 (-28%) from 2023

Liabilities

Down

$0

Down $8,527 (-100%) from 2023

Net Assets

Down

$450,688

Down $162,544 (-27%) from 2023

Operations
Liabilities / Revenue50th percentileNet Margin25th percentile

Revenue

Down

$437,031

Down $130,163 (-23%) from 2023

Expenses

Up

$507,268

Up $124,632 (+33%) from 2023

Net Income

Down

-$70,237

Down $254,795 (-138%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

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

$800K$600K$400K$200K$0Assets 2011: $114,907Liabilities 2011: $0Net Assets 2011: $114,9072011Assets 2012: $125,452Liabilities 2012: $0Net Assets 2012: $125,4522012Assets 2013: $142,457Liabilities 2013: $0Net Assets 2013: $142,4572013Assets 2014: $180,294Liabilities 2014: $0Net Assets 2014: $180,2942014Assets 2015: $197,229Liabilities 2015: $0Net Assets 2015: $197,2292015Assets 2016: $207,334Liabilities 2016: $0Net Assets 2016: $207,3342016Assets 2017: $300,362Liabilities 2017: $632Net Assets 2017: $299,7302017Assets 2018: $364,627Liabilities 2018: $0Net Assets 2018: $364,6272018Assets 2019: $410,385Liabilities 2019: $10,925Net Assets 2019: $399,4602019Assets 2020: $384,946Liabilities 2020: $1,804Net Assets 2020: $383,1422020Assets 2021: $405,424Liabilities 2021: $830Net Assets 2021: $404,5942021Assets 2022: $428,867Liabilities 2022: $193Net Assets 2022: $428,6742022Assets 2023: $621,759Liabilities 2023: $8,527Net Assets 2023: $613,2322023Assets 2024: $450,688Liabilities 2024: $0Net Assets 2024: $450,6882024

Highlighted filing

2024

Assets$450,688
Liabilities$0
Net Assets$450,688
Open 2024 Filing

Operations Trend

Revenue Growth34th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $150,023Expenses 2011: $105,629Net Income 2011: $44,3942011Revenue 2012: $140,178Expenses 2012: $129,633Net Income 2012: $10,5452012Revenue 2013: $155,817Expenses 2013: $138,812Net Income 2013: $17,0052013Revenue 2014: $178,664Expenses 2014: $140,827Net Income 2014: $37,8372014Revenue 2015: $176,323Expenses 2015: $159,388Net Income 2015: $16,9352015Revenue 2016: $226,230Expenses 2016: $211,536Net Income 2016: $14,6942016Revenue 2017: $338,900Expenses 2017: $246,504Net Income 2017: $92,3962017Revenue 2018: $293,427Expenses 2018: $228,530Net Income 2018: $64,8972018Revenue 2019: $303,985Expenses 2019: $269,152Net Income 2019: $34,8332019Revenue 2020: $185,623Expenses 2020: $201,941Net Income 2020: -$16,3182020Revenue 2021: $206,753Expenses 2021: $185,301Net Income 2021: $21,4522021Revenue 2022: $362,987Expenses 2022: $338,907Net Income 2022: $24,0802022Revenue 2023: $567,194Expenses 2023: $382,636Net Income 2023: $184,5582023Revenue 2024: $437,031Expenses 2024: $507,268Net Income 2024: -$70,2372024

Highlighted filing

2024

Revenue$437,031
Expenses$507,268
Net Income-$70,237
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$450,688
Liabilities
$0
Net assets
$450,688
Revenue
$437,031
Expenses
$507,268
Net income
-$70,237
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.51$0.00$4.51$4.37$5.07$0.70
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.22$0.09$6.13$5.67$3.83$1.85
2022Detailed filing. Detailed filing data is available for this year.$4.29$0.00$4.29$3.63$3.39$0.24
2021Detailed filing. Detailed filing data is available for this year.$4.05$0.01$4.05$2.07$1.85$0.21
2020Detailed filing. Detailed filing data is available for this year.$3.85$0.02$3.83$1.86$2.02$0.16
2019Detailed filing. Detailed filing data is available for this year.$4.10$0.11$3.99$3.04$2.69$0.35
2018Detailed filing. Detailed filing data is available for this year.$3.65$0.00$3.65$2.93$2.29$0.65
2017Detailed filing. Detailed filing data is available for this year.$3.00$0.01$3.00$3.39$2.47$0.92
2016Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$2.26$2.12$0.15
2015Summary only. Only limited summary data is available for this year.$1.97$0.00$1.97$1.76$1.59$0.17
2014Summary only. Only limited summary data is available for this year.$1.80$0.00$1.80$1.79$1.41$0.38
2013Summary only. Only limited summary data is available for this year.$1.42$0.00$1.42$1.56$1.39$0.17
2012Summary only. Only limited summary data is available for this year.$1.25$0.00$1.25$1.40$1.30$0.11
2011Summary only. Only limited summary data is available for this year.$1.15$0.00$1.15$1.50$1.06$0.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 8, 2025
Return Version
2024v5.2
Gross Receipts
$437,031
Mission and Program Overview

Mission

To promote membership interests

To promote membership interests.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$74,616$336,193▲ $261,577
Cash and Non-Interest-Bearing Accounts$451,763$88,070▼ $363,693
Accounts Receivable$2,573$17,950▲ $15,377
Prepaid Expenses and Deferred Charges$500$500→ $0
Total Assets$529,452$450,688▼ $78,764
Other Assets Total-$7,975-
Liabilities
Accounts Payable and Accrued Expenses$8,527$0▼ $8,527
Total Liabilities$8,527$0▼ $8,527
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$520,925$450,688▼ $70,237
Total Net Assets Fund Balance$520,925$450,688▼ $70,237
Total Liabilities and Net Assets / Fund Balance$529,452$450,688▼ $78,764
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Megan ElderExecutive DirectorFT$10,000$10,000

Board Members and Trustees

NameTitle
Kayla QuintFormer President
Charles LlewellynPresident
Alicia CortezDirector
Allison AndersonDirector
Amanda LynchDirector
Amanda WallaceDirector
Angie IngramDirector
Ashley RowlandDirector
Brandy HitsonDirector
Cheryl BeardenDirector
Christine KesslerDirector
Dion FoxDirector
Elton WalkerDirector
Eric BrennamanDirector
Jana SellersDirector
Jason CurranDirector
Jennifer ThompsonDirector
Jessica ForbusDirector
John BartzDirector
John NapperDirector
Jon Marc LarsonDirector
Josh PhillipsDirector
Justin BrownDirector
Katelyn UtseyDirector
Kelli NelsonDirector
Kerstin Savoie ParrisDirector
Kimberly BullockDirector
Leslie YeildingDirector
Lindsay VanceDirector
Matt SmithDirector
Michelle ChildersDirector
Michelle VickeryDirector
Pam BrooksDirector
Reagan JagerDirector
Sarah TaggartDirector
Shelby WaddellDirector
Sherri YoungDirector
Taft HughesDirector
Tammy WybleDirector
Zach GaroveDirector
Norm WinstonAssociation Executive
Ryan DaughertyAssociation Executive
Brian TuckerExecutive Committee
Caroline SandersExecutive Committee
Revenue and Support

Revenue Composition

Contributions and Grants
$10,986
Program Service Revenue
$202,938
Investment Income
$7,116
Other Revenue
$215,991
Change in Net Assets
$-70,237
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$507,268
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$200,135$11,615-$211,750
Royalties$117,114--$117,114
Fees for Services Management$81,048$6,348-$87,396
Travel$53,438--$53,438
Office Expenses-$15,835-$15,835
Information Technology-$8,220-$8,220
Fees for Services Accounting-$2,540-$2,540
Other Expenses-$1,409-$1,409
Insurance-$1,236-$1,236
Interest$581--$581
Total Functional Expenses$452,316$54,952$0$507,268
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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

“The organization's form 990 is reviewed by the party signing the return.”

Form 990, Part VI, Section C, Line 19

“Form 990 is available on public sites form 1024 and other governing documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Alabama Apartment Association
EIN
63-1078442
Phone
2055457703
Address
2401 INTERNATIONAL PARK PL STE 230, BIRMINGHAM, AL 35243

Signing Officer

Name
Meghan Elder
Title
Executive Director
Phone
2055457703
Signed
2025-10-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meghan Elder
Formed
1992
Legal Domicile
Al
Voting Board Members
45
Independent Board Members
44
Employees
0
Volunteers
0

Preparer

Firm
Haynes Downard Llp
Address
3161 CAHABA HEIGHTS ROAD SUITE 203, BIRMINGHAM, AL 35243
Preparer
Lewis F Jones Jr
Phone
2052781000
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt38EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt39EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt40FORMER PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt41PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt42ASSOCIATION EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt43ASSOCIATION EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt44EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
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