Civic Intelligence

Lubbock Apartment Association Inc

990 • Fiscal year 2016 • EIN 75-1371114

Feb 01, 2015 to Jan 31, 2016 • Filed on Aug 31, 2016

4227 85th StreetLubbock, TX 79423-1931

(806) 794-2037

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

27th percentile

0.01x

Higher debt load relative to revenue than 27% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

10th percentile

-13%

Higher net margin than 10% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

60th percentile

$84,409

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

13th percentile

-13%

Faster asset growth than 13% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

23rd percentile

-7.0%

Faster revenue growth than 23% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$907,341

Down $133,470 (-13%) from 2015

Net Assets

Down

$902,489

Down $127,345 (-12%) from 2015

Liabilities

Down

$4,852

Down $6,125 (-56%) from 2015

Revenue

Down

$949,523

Down $71,238 (-7.0%) from 2015

Expenses

Down

$1,076,868

Down $46,373 (-4.1%) from 2015

Net Income

Down

-$127,345

Down $24,865 (-24%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $1,045,284Liabilities 2011: $412Net Assets 2011: $1,044,8722011Assets 2012: $1,014,531Liabilities 2012: $2,723Net Assets 2012: $1,011,8082012Assets 2013: $1,068,357Liabilities 2013: $20,831Net Assets 2013: $1,047,5262013Assets 2014: $1,142,766Liabilities 2014: $10,452Net Assets 2014: $1,132,3142014Assets 2015: $1,040,811Liabilities 2015: $10,977Net Assets 2015: $1,029,8342015Assets 2016: $907,341Liabilities 2016: $4,852Net Assets 2016: $902,4892016Assets 2017: $948,242Liabilities 2017: $11,415Net Assets 2017: $936,8272017Assets 2018: $853,659Liabilities 2018: $476Net Assets 2018: $853,1832018Assets 2019: $793,207Liabilities 2019: $46,719Net Assets 2019: $746,4882019Assets 2020: $731,599Liabilities 2020: $419Net Assets 2020: $731,1802020Assets 2021: $751,306Liabilities 2021: $52,008Net Assets 2021: $699,2982021Assets 2022: $770,318Liabilities 2022: $17,081Net Assets 2022: $753,2372022Assets 2023: $681,486Liabilities 2023: $4Net Assets 2023: $681,4822023Assets 2024: $626,077Liabilities 2024: $49,066Net Assets 2024: $577,0112024

Highlighted filing

2016

Assets$907,341
Liabilities$4,852
Net Assets$902,489

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $946,5982011Expenses 2012: $898,0072012Expenses 2013: $884,5502013Revenue 2014: $978,440Expenses 2014: $893,652Net Income 2014: $84,7882014Revenue 2015: $1,020,761Expenses 2015: $1,123,241Net Income 2015: -$102,4802015Revenue 2016: $949,523Expenses 2016: $1,076,868Net Income 2016: -$127,3452016Revenue 2017: $1,017,754Expenses 2017: $930,549Net Income 2017: $87,2052017Revenue 2018: $867,554Expenses 2018: $969,646Net Income 2018: -$102,0922018Revenue 2019: $822,944Expenses 2019: $905,944Net Income 2019: -$83,0002019Revenue 2020: $798,564Expenses 2020: $835,210Net Income 2020: -$36,6462020Revenue 2021: $727,076Expenses 2021: $758,958Net Income 2021: -$31,8822021Revenue 2022: $795,920Expenses 2022: $719,513Net Income 2022: $76,4072022Revenue 2023: $737,928Expenses 2023: $809,683Net Income 2023: -$71,7552023Revenue 2024: $708,739Expenses 2024: $799,560Net Income 2024: -$90,8212024

Highlighted filing

2016

Revenue$949,523
Expenses$1,076,868
Net Income-$127,345
Jump To
Filing Snapshot
Filing Period
Feb 1, 2015 to Jan 31, 2016
Signed
Aug 31, 2016
Return Version
2015v2.1
Gross Receipts
$955,846
Mission and Program Overview

Mission

The mission of the organization is to strengthen the image, ethical standards, education and professionalism of those involved with the ownership and management of rental housing on a local, state and national level, and to be an advocate for the rights of our members.

To strengthen the image, ethical standards, education and professionalism of those involved with the ownership and management of rental housing on a local, state and national level, and to be an advocate for the rights of the residents and owners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$447,628$440,898▼ $6,730
Savings and Temporary Cash Investments$461,724$291,162▼ $170,562
Accounts Receivable$109,650$106,892▼ $2,758
Cash and Non-Interest-Bearing Accounts$21,809$68,389▲ $46,580
Total Assets$1,040,811$907,341▼ $133,470
Liabilities
Accounts Payable and Accrued Expenses$10,977$4,852▼ $6,125
Total Liabilities$10,977$4,852▼ $6,125
Net Assets / Fund Balance
Unrestricted Net Assets$1,029,834$902,489▼ $127,345
Total Net Assets Fund Balance$1,029,834$902,489▼ $127,345
Total Liabilities and Net Assets / Fund Balance$1,040,811$907,341▼ $133,470

Asset Categories

AssetBook ValueDepreciationBasis
Land$339,953-$339,953
Buildings$100,945$161,513$262,458
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Suzanne ComerExecutive DirectorFT$70,029$14,380$84,409

Board Members and Trustees

NameTitle
Charles YoungPast President
Jon WilleyPresident
Bill MaloyVice President
Dave MarcinkowskiDirector
David DavisDirector
Gary MitchelDirector
Jack ThompsonDirector
James V PipkinDirector
Jeff LowryDirector
John Leonard IiiDirector
Lisa McdonaldDirector
Russ MooreDirector
Stephen FanninDirector
Ty CraftDirector
Carol Lindsey-mizeSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Action PrintingPrinting2407 82ND STREET, Lubbock, TX 79423$151,908
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$915,173
Investment Income
$-109
Other Revenue
$34,459
Change in Net Assets
$-127,345
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$717,721
Salaries, Compensation, and Employee Benefits$339,476
Grants and Similar Amounts Paid$19,291
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$225,467
Information Technology---$105,415
Current Officers, Directors, Trustees, and Key Employees---$84,409
Office Expenses---$84,054
Travel---$60,691
Payments to Affiliates---$46,360
Other Expenses---$40,949
Grants to Domestic Orgs---$19,291
Payroll Taxes---$18,628
Fees for Services Lobbying---$18,000
Occupancy---$16,117
Other Employee Benefits---$10,972
Fees for Services Accounting---$10,700
Depreciation Depletion---$6,730
Advertising---$5,987
Conferences and Meetings---$1,739
All Other Expenses---$1,667
Fees for Services Legal---$750
Benefits to Members---$380
Total Functional Expenses$0$0$0$1,076,868
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
South Plains Food Bank IncLubbock, TX501(c)(3)To Secure, Grow, Process, and Distribute Food to People in Need and Provide Opportunities for People to Break Out of the Poverty Cycle$10,000
National Apartment Association Education InstituteArlington, VA501(c)(3)TO PROVIDE BROAD BASED EDUCATION, TRAINING AND RECRUITMENT PROGRAMS FOR TOMORROW'S APARTMENT INDUSTRY LEADERS.$5,000
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$18,000
Total Nondeductible Lobbying and Political Cost$-8,005
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Connie ComerConnie Comer Has a Family Relationship With the Executive Director.Connie Is an Employee of the Organization.No$34,640
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Dave marcinkowski and charles young have a business relationship. Gary mitchel and jack thompson have a business relationship.

Form 990, Part VI, Section A, Line 6

The organization was formed by the members to provide education, support and professionalism to those involved with the ownership and management of rental housing on a local, state and national level.

Form 990, Part VI, Section A, Line 7A

There shall be a nominating committee composed of the immediate past president of the association, if available, and if not, some other member appointed by the president, who shall serve as chairman and he/she shall appoint at least 2 members to serve with him/her, and they shall select at least one candidate for each vacancy, which selections shall be reported to the president in sufficient time to give written notice to the general membership. A written notice is to be delivered via regular mail, electronic mail, facsimile or in person to the membership at least fifteen days prior to the november membership meeting, when the election of directors is held. Additional nominations from the membership must be submitted in writing five days prior to the november meeting to be placed on the ballot and to be eligible for election. Other nominations will not be considered after that date. Elections are held on a one member one vote basis.

Form 990, Part VI, Section B, Line 11

Management presented a copy of the form 990 to the board for discussion, review and approval prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members are required to recuse themselves from discussion of or voting on an issue that they may have a conflict of interest. If removing themselves from the discussion or vote on the issue with which they have a conflict is not enough the board may by a 2/3 vote remove the director from the board. All board members are given a copy of the conflict of interest policy when they join the board, and are required to declare any potential conflicts to the board as soon as possible.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and unaudited financial statements are available for viewing by the public and members at the organization's office in lubbbock, tx.

Filing and Contact Details

Filer

Filer Name
Lubbock Apartment Association Inc
EIN
75-1371114
Phone
8067942037
Address
4227 85TH STREET, LUBBOCK, TX 79423-1931

Signing Officer

Name
Suzanne Comer
Title
Executive Director
Phone
8067942037
Signed
2016-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suzanne Comer
Formed
1967
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
6
Volunteers
40

Preparer

Firm
Bolinger Segars Gilbert and Moss Llp
Address
8215 NASHVILLE AVENUE, LUBBOCK, TX 79423
Preparer
Matt R Willis
Phone
8067473806
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IRS990/ActivityOrMissionDesc0TO STRENGTHEN THE IMAGE, ETHICAL STANDARDS, EDUCATION AND PROFESSIONALISM OF THOSE INVOLVED WITH THE OWNERSHIP AND MANAGEMENT OF RENTAL HOUSING ON A LOCAL, STATE AND NATIONAL LEVEL, AND TO BE AN ADVOCATE FOR THE RIGHTS OF THE RESIDENTS AND OWNERS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/InformationTechnologyGrp/TotalAmt0105415
IRS990/InvestmentIncomeGrp/ExclusionAmt02350
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02350
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0161513
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0447628
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0440898
IRS990/LandBldgEquipCostOrOtherBssAmt0602411
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02459
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE ORGANIZATION IS TO STRENGTHEN THE IMAGE, ETHICAL STANDARDS, EDUCATION AND PROFESSIONALISM OF THOSE INVOLVED WITH THE OWNERSHIP AND MANAGEMENT OF RENTAL HOUSING ON A LOCAL, STATE AND NATIONAL LEVEL, AND TO BE AN ADVOCATE FOR THE RIGHTS OF OUR MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01029834
IRS990/NetAssetsOrFundBalancesEOYAmt0902489
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-2459
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2459
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02819
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt02819
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt016117
IRS990/OfficeExpensesGrp/TotalAmt084054
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010972
IRS990/OtherExpensesGrp/Desc0PROGRAM AND EVENT EXPEN
IRS990/OtherExpensesGrp/Desc1MAGAZINE EXPENSES
IRS990/OtherExpensesGrp/Desc2EDUCATION EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0163173
IRS990/OtherExpensesGrp/TotalAmt1155389
IRS990/OtherExpensesGrp/TotalAmt240949
IRS990/OtherSalariesAndWagesGrp/TotalAmt0225467
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt046360
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt018628
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SUZANNE COMER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0511120
IRS990/ProgramServiceRevenueGrp/BusinessCd1519130
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0APARTMENT MAGAZINE
IRS990/ProgramServiceRevenueGrp/Desc1INTERNET ADVERTISING
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc3EDUCATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0485477
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1206056
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2124666
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt318482
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0485477
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1206056
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2124666
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt318482
IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLICATIONS ARE DISTRIBUTED TO MEMBERS AND NON-MEMBERS TO AID AND UPDATE APARTMENT OWNERS AND MANAGERS IN THE LUBBOCK AREA.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0495
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt034500
IRS990/PYInvestmentIncomeAmt02946
IRS990/PYOtherExpensesAmt0759301
IRS990/PYOtherRevenueAmt038415
IRS990/PYProgramServiceRevenueAmt0979400
IRS990/PYRevenuesLessExpensesAmt0-102480
IRS990/PYSalariesCompEmpBnftPaidAmt0328945
IRS990/PYTotalExpensesAmt01123241
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01020761
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-127345
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt031640
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt031640
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0461724
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0291162
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt021193
IRS990ScheduleC/AgreeCarryoverPriorYearInd01
IRS990ScheduleC/DuesAssessmentsAmt0124666
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt0-26005
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt018000
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0-8005
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt0-29198
IRS990ScheduleD/BuildingsGrp/BookValueAmt0100945
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0161513
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0262458
IRS990ScheduleD/LandGrp/BookValueAmt0339953
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0339953
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0440898
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt05000
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE BROAD BASED EDUCATION, TRAINING AND RECRUITMENT PROGRAMS FOR TOMORROW'S APARTMENT INDUSTRY LEADERS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO SECURE, GROW, PROCESS, AND DISTRIBUTE FOOD TO PEOPLE IN NEED AND PROVIDE OPPORTUNITIES FOR PEOPLE TO BREAK OUT OF THE POVERTY CYCLE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NATIONAL APARTMENT ASSOCIATION EDUCATION INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SOUTH PLAINS FOOD BANK INC
IRS990ScheduleI/RecipientTable/RecipientEIN0521508111
IRS990ScheduleI/RecipientTable/RecipientEIN1751904829
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04300 WILSON BLVD 400
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt14612 LOCUST AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ARLINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1LUBBOCK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd022203
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd179404
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CONNIE COMER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CONNIE COMER HAS A FAMILY RELATIONSHIP WITH THE EXECUTIVE DIRECTOR.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt034640
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONNIE IS AN EMPLOYEE OF THE ORGANIZATION.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAVE MARCINKOWSKI AND CHARLES YOUNG HAVE A BUSINESS RELATIONSHIP. GARY MITCHEL AND JACK THOMPSON HAVE A BUSINESS RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION WAS FORMED BY THE MEMBERS TO PROVIDE EDUCATION, SUPPORT AND PROFESSIONALISM TO THOSE INVOLVED WITH THE OWNERSHIP AND MANAGEMENT OF RENTAL HOUSING ON A LOCAL, STATE AND NATIONAL LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE SHALL BE A NOMINATING COMMITTEE COMPOSED OF THE IMMEDIATE PAST PRESIDENT OF THE ASSOCIATION, IF AVAILABLE, AND IF NOT, SOME OTHER MEMBER APPOINTED BY THE PRESIDENT, WHO SHALL SERVE AS CHAIRMAN AND HE/SHE SHALL APPOINT AT LEAST 2 MEMBERS TO SERVE WITH HIM/HER, AND THEY SHALL SELECT AT LEAST ONE CANDIDATE FOR EACH VACANCY, WHICH SELECTIONS SHALL BE REPORTED TO THE PRESIDENT IN SUFFICIENT TIME TO GIVE WRITTEN NOTICE TO THE GENERAL MEMBERSHIP. A WRITTEN NOTICE IS TO BE DELIVERED VIA REGULAR MAIL, ELECTRONIC MAIL, FACSIMILE OR IN PERSON TO THE MEMBERSHIP AT LEAST FIFTEEN DAYS PRIOR TO THE NOVEMBER MEMBERSHIP MEETING, WHEN THE ELECTION OF DIRECTORS IS HELD. ADDITIONAL NOMINATIONS FROM THE MEMBERSHIP MUST BE SUBMITTED IN WRITING FIVE DAYS PRIOR TO THE NOVEMBER MEETING TO BE PLACED ON THE BALLOT AND TO BE ELIGIBLE FOR ELECTION. OTHER NOMINATIONS WILL NOT BE CONSIDERED AFTER THAT DATE. ELECTIONS ARE HELD ON A ONE MEMBER ONE VOTE BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MANAGEMENT PRESENTED A COPY OF THE FORM 990 TO THE BOARD FOR DISCUSSION, REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE REQUIRED TO RECUSE THEMSELVES FROM DISCUSSION OF OR VOTING ON AN ISSUE THAT THEY MAY HAVE A CONFLICT OF INTEREST. IF REMOVING THEMSELVES FROM THE DISCUSSION OR VOTE ON THE ISSUE WITH WHICH THEY HAVE A CONFLICT IS NOT ENOUGH THE BOARD MAY BY A 2/3 VOTE REMOVE THE DIRECTOR FROM THE BOARD. ALL BOARD MEMBERS ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY WHEN THEY JOIN THE BOARD, AND ARE REQUIRED TO DECLARE ANY POTENTIAL CONFLICTS TO THE BOARD AS SOON AS POSSIBLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND UNAUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING BY THE PUBLIC AND MEMBERS AT THE ORGANIZATION'S OFFICE IN LUBBBOCK, TX.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0LUBBOCK APARTMENT ASSCOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LUBBOCK APARTMENT ASSOCIATION PAC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0751371114
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0527
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO SUPPORT CANDIDATES WHO SUPPORT RENTAL PROPERTIES AND THEIR OWNERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04227 85TH ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LUBBOCK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd079423
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NA - LESS THAN 50000
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0Q
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.63$0.05$0.58$0.71$0.80$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.74$0.81$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.77$0.02$0.75$0.80$0.72$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.75$0.05$0.70$0.73$0.76$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.80$0.84$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.05$0.75$0.82$0.91$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.87$0.97$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.95$0.01$0.94$1.02$0.93$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.90$0.95$1.08$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.01$1.03$1.02$1.12$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.13$0.98$0.89$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.02$1.05$0.88
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.00$1.01$0.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.00$1.04$0.95