Civic Intelligence

Apartment Association

EIN 84-0592187 • 501(c)6 • Greenwood Village, CO

Profile

Represents apartment owners, management companies, and suppliers related to the apartment industry. AAMD is dedicated to a) promoting professionalism in the apartment industry, and b) providing support to the rental housing industry and their tenant communities.

7100 E Belleview Avenue 305Greenwood Village, CO 80111

www.aamdhq.org

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.41x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

83rd percentile

0.69x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2025

Net Margin

89th percentile

26%

Higher net margin than 89% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

43rd percentile

$249,600

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2025

Asset Growth

84th percentile

19%

Faster asset growth than 84% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

67th percentile

11%

Faster revenue growth than 67% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$9,657,330

Up $1,537,355 (+19%) from 2024

Liabilities

Up

$3,914,850

Up $75,748 (+2.0%) from 2024

Net Assets

Up

$5,742,480

Up $1,461,607 (+34%) from 2024

Operations
Liabilities / Revenue83rd percentileNet Margin89th percentile

Revenue

Up

$5,657,224

Up $563,331 (+11%) from 2024

Expenses

Down

$4,195,617

Down $457,722 (-9.8%) from 2024

Net Income

Up

$1,461,607

Up $1,021,053 (+232%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth84th percentile

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

$10M$5.0M$0Assets 2010: $1,631,015Liabilities 2010: $1,083,881Net Assets 2010: $547,1342010Assets 2011: $1,790,126Liabilities 2011: $1,170,474Net Assets 2011: $619,6522011Assets 2012: $1,786,057Liabilities 2012: $1,089,902Net Assets 2012: $696,1552012Assets 2013: $2,095,215Liabilities 2013: $1,309,246Net Assets 2013: $785,9692013Assets 2014: $2,386,438Liabilities 2014: $1,407,012Net Assets 2014: $979,4262014Assets 2015: $3,047,050Liabilities 2015: $1,910,423Net Assets 2015: $1,136,6272015Assets 2016: $3,163,748Liabilities 2016: $1,701,235Net Assets 2016: $1,462,5132016Assets 2017: $3,446,382Liabilities 2017: $1,734,255Net Assets 2017: $1,712,1272017Assets 2018: $4,393,269Liabilities 2018: $2,329,583Net Assets 2018: $2,063,6862018Assets 2019: $5,150,821Liabilities 2019: $2,696,513Net Assets 2019: $2,454,3082019Assets 2020: $5,901,068Liabilities 2020: $3,244,666Net Assets 2020: $2,656,4022020Assets 2021: $6,848,826Liabilities 2021: $3,191,875Net Assets 2021: $3,656,9512021Assets 2022: $6,351,017Liabilities 2022: $3,028,104Net Assets 2022: $3,322,9132022Assets 2023: $8,133,603Liabilities 2023: $4,307,334Net Assets 2023: $3,826,2692023Assets 2024: $8,119,975Liabilities 2024: $3,839,102Net Assets 2024: $4,280,8732024Assets 2025: $9,657,330Liabilities 2025: $3,914,850Net Assets 2025: $5,742,4802025

Highlighted filing

2025

Assets$9,657,330
Liabilities$3,914,850
Net Assets$5,742,480
Open 2025 Filing

Operations Trend

Revenue Growth67th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2010: $1,584,5702010Revenue 2011: $1,792,472Expenses 2011: $1,719,954Net Income 2011: $72,5182011Expenses 2012: $1,707,5762012Expenses 2013: $1,781,3482013Revenue 2014: $2,169,406Expenses 2014: $1,975,949Net Income 2014: $193,4572014Revenue 2015: $2,202,884Expenses 2015: $2,045,683Net Income 2015: $157,2012015Revenue 2016: $2,476,742Expenses 2016: $2,150,856Net Income 2016: $325,8862016Revenue 2017: $2,647,063Expenses 2017: $2,397,449Net Income 2017: $249,6142017Revenue 2018: $3,266,166Expenses 2018: $2,914,607Net Income 2018: $351,5592018Revenue 2019: $3,480,413Expenses 2019: $3,178,257Net Income 2019: $302,1562019Revenue 2020: $3,255,298Expenses 2020: $3,039,564Net Income 2020: $215,7342020Revenue 2021: $3,809,408Expenses 2021: $3,254,045Net Income 2021: $555,3632021Revenue 2022: $4,286,253Expenses 2022: $4,044,670Net Income 2022: $241,5832022Revenue 2023: $4,459,280Expenses 2023: $4,314,391Net Income 2023: $144,8892023Revenue 2024: $5,093,893Expenses 2024: $4,653,339Net Income 2024: $440,5542024Revenue 2025: $5,657,224Expenses 2025: $4,195,617Net Income 2025: $1,461,6072025

Highlighted filing

2025

Revenue$5,657,224
Expenses$4,195,617
Net Income$1,461,607
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,657,330
Liabilities
$3,914,850
Net assets
$5,742,480
Revenue
$5,657,224
Expenses
$4,195,617
Net income
$1,461,607
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.66$3.91$5.74$5.66$4.20$1.46
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.12$3.84$4.28$5.09$4.65$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.13$4.31$3.83$4.46$4.31$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.35$3.03$3.32$4.29$4.04$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.85$3.19$3.66$3.81$3.25$0.56
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.90$3.24$2.66$3.26$3.04$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.15$2.70$2.45$3.48$3.18$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.39$2.33$2.06$3.27$2.91$0.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.45$1.73$1.71$2.65$2.40$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.16$1.70$1.46$2.48$2.15$0.33
2015Detailed filing. Detailed filing data is available for this year.$3.05$1.91$1.14$2.20$2.05$0.16
2014Detailed filing. Detailed filing data is available for this year.$2.39$1.41$0.98$2.17$1.98$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$1.31$0.79$1.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$1.09$0.70$1.71
2011Summary only. Only limited summary data is available for this year.$1.79$1.17$0.62$1.79$1.72$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$1.08$0.55$1.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 5, 2026
Return Version
2024v5.0
Gross Receipts
$6,995,446
Mission and Program Overview

Mission

Represents apartment owners, management companies, and suppliers related to the apartment industry. Aamd is dedicated to a) promoting professionalism in the apartment industry, and b) providing support to the rental housing industry and their tenant communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,009,112$4,619,472▲ $610,360
Savings and Temporary Cash Investments$2,731,080$3,656,835▲ $925,755
Cash and Non-Interest-Bearing Accounts$228,980$498,715▲ $269,735
Accounts Receivable$229,576$293,723▲ $64,147
Prepaid Expenses and Deferred Charges$100,032$92,915▼ $7,117
Land, Buildings, and Equipment, Net$123,593$72,127▼ $51,466
Total Assets$8,119,975$9,657,330▲ $1,537,355
Other Assets Total$697,602$423,543▼ $274,059
Liabilities
Deferred Revenue$2,770,755$3,087,178▲ $316,423
Other Liabilities$696,091$420,190▼ $275,901
Accounts Payable and Accrued Expenses$372,256$407,482▲ $35,226
Total Liabilities$3,839,102$3,914,850▲ $75,748
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,280,873$5,742,480▲ $1,461,607
Total Net Assets Fund Balance$4,280,873$5,742,480▲ $1,461,607
Total Liabilities and Net Assets / Fund Balance$8,119,975$9,657,330▲ $1,537,355

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$72,127$377,194$449,321
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mark T WilliamsExecutive VPFT$249,600$249,600
Andrew HamrickSr VP Gov AfFT$208,800$208,800
Andrew HamrickSr VP Gov Affairs-$208,800$208,800
Julie Evans-schmittVP Member SeFT$120,000$120,000
Lisa GodbehereVP Evdents &FT$117,000$117,000
Christopher DeanVP CommunicaFT$115,200$115,200

Board Members and Trustees

NameTitle
Sabrina ZunkerIroc Chair
Ben LauerIroc Chair E
Parke PettegrewPresident
Taylor MuellerPresident-el
Chad CravenSupplier Director
Joe Jimenez JrSupplier Director
Tonya StorovichSupplier Director
Matt PachecoCAA Presiden
Amanda LingenfelserEducation Ad
Jessica RodgersEducation Ad
Rocky SundlingJoint Legisl
Stephanie GlowczewskiJoint Legisl
Terry SimoneNaa Region V
Aimee DuplessieNetworking C
Brandi CrouchNetworking C
Amy MarkOwner Direct
Eric GeistOwner Direct
Lasarha PassOwner Direct
Lisa JefferiesOwner Direct
Amie RobertshawPast Preside
Chanele RichardsonSecretary
Pete MuccioSupplier at
Nick HernandezSUPPLIER'S C
Tiffany CrumpSuppliers Co
Tamera GreeneTreasurer
Amy Jo LassersVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,381,882
Program Service Revenue
$1,281,166
Investment Income
$534,543
Other Revenue
$1,459,633
Change in Net Assets
$1,461,607

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,657,224
Revenue Not Reported on Form 990
$1,338,222
Total Revenue per Audited Statements
$6,995,446
Total Revenue per Form 990
$5,657,224
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,099,046
Other Expenses$2,096,571
Total Fundraising Expense$355,453
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,466,222$144,939$164,067$1,775,228
Office Expenses$423,816$242,786$99,213$765,815
Other Expenses$201,250$5,481$14,689$215,939
Pension Plan Contributions$145,581$14,391$16,290$176,262
Fees for Services Other$16,382$142,982$16,382$175,746
Payroll Taxes$94,083$9,300$10,528$113,911
Conferences and Meetings$11,673$38,616$6,512$56,801
Other Employee Benefits$27,789$2,747$3,109$33,645
All Other Expenses$-335,531--$-335,531
Total Functional Expenses$3,235,227$604,937$355,453$4,195,617

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,533,839
Expenses per Audited Statements$4,195,617
Total Expenses per Form 990$4,195,617
Expenses Not Reported on Form 990$1,338,222
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,465,300
Fundraising Direct Expenses$1,338,222
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Trade Shows$1,140,824$1,140,824$536,630$604,194
Maintenance Man$338,568$338,568$169,214$169,354
Total Events$2,465,300$2,465,300$1,335,722$1,129,578
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$420,190
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Classes of membership include ownwer members, community/property manager members, supplier members, and lifetime honorary members.”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is provided to the executive vice president for review before it is signed and filed.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Apartment Association
EIN
84-0592187
Phone
3033293300
Address
7100 E BELLEVIEW AVENUE 305, GREENWOOD VILLAGE, CO 80111

Signing Officer

Name
Mark T Williams
Title
Executive VP
Phone
3033293300
Signed
2026-01-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark T Williams
Formed
1968
Legal Domicile
Co
Voting Board Members
19
Independent Board Members
19
Employees
0

Preparer

Firm
The Adams Group LLC
Address
6000 GREENWOOD PLAZA BLVD STE 115, GREENWOOD VILLAGE, CO 80111
Preparer
Jason D Adams CPA
Phone
3037333796
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Represents apartment owners, management companies, and suppliers related to the apartment industry. Aamd is dedicated to a) promoting professionalism in the apartment industry, and b) providing support to the rental housing industry and their tenant communities.”

Form 990, Page 2, Part III, Line 4D

“Unrelated business income tax allocated expenses.”

Form 990, Part XI, Line 9

“Event revenues 1,338,222 event expenses -1,338,222”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“EVENT REVENUES 1,338,222”

Schedule D, Page 4, Part XII, Line 2D

“EVENT EXPENSES 1,338,222”

Raw XML AppendixShowing 400 of 592 raw XML fields

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/TitleTxt0EXECUTIVE VP
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
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IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5SUPPLIER AT
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT-EL
IRS990/Form990PartVIISectionAGrp/TitleTxt8NETWORKING C
IRS990/Form990PartVIISectionAGrp/TitleTxt9EDUCATION AD
IRS990/Form990PartVIISectionAGrp/TitleTxt10OWNER DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt11IROC CHAIR E
IRS990/Form990PartVIISectionAGrp/TitleTxt12NETWORKING C
IRS990/Form990PartVIISectionAGrp/TitleTxt13SUPPLIER DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14OWNER DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt15EDUCATION AD
IRS990/Form990PartVIISectionAGrp/TitleTxt16SUPPLIER DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17OWNER DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt18OWNER DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt19CAA PRESIDEN
IRS990/Form990PartVIISectionAGrp/TitleTxt20SUPPLIER'S C
IRS990/Form990PartVIISectionAGrp/TitleTxt21JOINT LEGISL
IRS990/Form990PartVIISectionAGrp/TitleTxt22IROC CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt23JOINT LEGISL
IRS990/Form990PartVIISectionAGrp/TitleTxt24NAA REGION V
IRS990/Form990PartVIISectionAGrp/TitleTxt25SUPPLIERS CO
IRS990/Form990PartVIISectionAGrp/TitleTxt26SUPPLIER DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt27SR VP GOV AF
IRS990/Form990PartVIISectionAGrp/TitleTxt28VP EVDENTS &
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IRS990/Form990PartVIISectionAGrp/TitleTxt30VP COMMUNICA
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