ASSESSORS' ASSOCIATION OF PENNSYLV… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

TERRY COCHRAN

Phone

7175261010

Tax Period

2023-01-01 to 2023-12-31

ASSESSORS' ASSOCIATION OF PENNSYLVANIA, founded in 1966, is a small nonprofit in the Community Improvement sector that reported $435K in total revenue in fiscal year 2023. Expenses of $374K left a modest 14% surplus.

Mission

TO IMPROVE ASSESSMENT PRACTICES IN THE COMMONWEALTH OF PENNSYLVANIA, TO PROVIDE FOR THE COLLECTION, DISTRIBUTION, AND EXCHANGE OF INFORMATION RELATING TO THE FIELD OF ASSESSMENT AMONG MEMBERS, TO IMPROVE PUBLIC RELATIONS, TO INFORM MEMBERS OF LEGISLATION INTENDED TO IMPROVE ASSESSMENT FUNCTIONS, TO COOPERATE WITH OTHER INTERESTED AGENCIES IN THE PROMOTION OF THE OBJECTIVES OF THIS ASSOCIATION, AND IN EVERY PROPER WAY TO ENCOURAGE A FAIR AND JUST DISTRIBUTION OF THE TAX BURDEN.

Program Service Accomplishments

Program 1

Expenses: $89,999 Revenue: $141,496

AAP HOLDS TWO CONFERENCES PER YEAR TO PROVIDE THE CONTINUING EDUCATION NEED FOR OUR MEMBERS AND NON-MEMBERS TO MAINTAIN THEIR CERTIFIED PROPERTY EVALUATOR'S (CPE) LICENSES. IN PENNSYLVANIA, CPE'S...

AAP HOLDS TWO CONFERENCES PER YEAR TO PROVIDE THE CONTINUING EDUCATION NEED FOR OUR MEMBERS AND NON-MEMBERS TO MAINTAIN THEIR CERTIFIED PROPERTY EVALUATOR'S (CPE) LICENSES. IN PENNSYLVANIA, CPE'S NEED 28 CREDIT HOURS EVERY TWO YEARS IN ORDER TO RENEW THEIR LICENSES. EACH CONFERENCE HAS ROUGHLY 175 TO 250 ATTENDEES DEPENDING ON LOCATION AND PLACE IN THE TWO YEAR EDUCATION CYCLE.

Program 2

Expenses: $36,482 Revenue: $177,065

ASSESSORS' ASSOCIATION OF PENNSYLVANIA'S(AAP)MAIN FOCUS IS TO PROVIDE CONTINUING EDUCATION TO OUR MEMBERS AND ALSO NON-MEMBERS. WE HOLD CONTINUING PROFESSIONAL EDUCATION CLASSES AT LEAST TWICE EACH YEAR. EACH SET OF CLASSES IS FOUR WEEKS OF EDUCATION TO PREPARE OUR STUDENTS TO TAKE THE STATE CPE EXAM TO BECOME CERTIFIED PROPERTY EVALUATORS. AAP PROVIDES CLASS TRANSCRIPTS FOR OUR STUDENTS BEFORE THEY TAKE THE EXAM. WE ALSO OFFER PERIODIC TEST PREP CLASSES TO PREPARE STUDENTS TO TAKE THE TEST AFTER THEY HAVE TAKEN THE INITIAL FOUR WEEKS OF EDUCATION.

Program 3

Expenses: $68,316 Revenue: $88,359

AAP PROVIDES A NUMBER OF OTHER SERVICES TO OUR MEMBERS SUCH AS STAND-ALONE CLASSES, CLASSES IN CONJUNCTION WITH CCAP, LOBBYING SERVICES ON ASSESSMENT ISSUES, TECHNICAL SUPPORT, TRANSCRIPT TRACKING...

AAP PROVIDES A NUMBER OF OTHER SERVICES TO OUR MEMBERS SUCH AS STAND-ALONE CLASSES, CLASSES IN CONJUNCTION WITH CCAP, LOBBYING SERVICES ON ASSESSMENT ISSUES, TECHNICAL SUPPORT, TRANSCRIPT TRACKING, SUPPORT FOR OUR SIX CHAPTERS, AND A QUARTERLY NEWSLETTER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $412,005

Investment Income $22,909

Other Revenue $0

TOTAL REVENUE $434,914

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $286,146

Other Expenses $373,570

TOTAL EXPENSES $373,570

Year-over-Year Comparison

	2023	2022	Change
Revenue	$434,914	$419,789	+0.0%
Expenses	$373,570	$370,295	+0.0%
Net Income	$61,344	$49,494	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSHUA ZEYN	PRESIDENT	2.00	Officer Director	$0	$0	$0
RITA YANNAYON	PRESIDENT-EL	2.00	Officer Director	$0	$0	$0
SARAH JORDAN	VICE-PRESIDE	2.00	Officer Director	$0	$0	$0
MICHELLE MACK	TREASURER	2.00	Officer Director	$0	$0	$0
KRISTIN MONTGOMERY START 102023	SECRETARY	2.00	Officer Director	$0	$0	$0
JENNIFER PETTINA	PAST PRESIDE	2.00	Officer Director	$0	$0	$0
SUSAN MILLER LEFT 92023	PAST PRESIDE	2.00	Officer Director	$0	$0	$0
PAMELA SZAJNUK	CFO	5.00	Officer	$0	$0	$0
TERRY COCHRAN	EXECUTIVE DI	30.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$434,914	$373,570	$565,966	$61,344
2022	$419,789	$370,295	$475,383	$49,494
2021	$337,471	$311,245	$490,684	$26,226
2020	$325,211	$258,709	$406,848	$66,502
2019	$322,948	$298,209	$331,668	$24,739
2018	$265,907	$339,313	$240,510	$-73,406

ASSESSORS' ASSOCIATION OF PENNSYLVANIA