COLUMBUS APARTMENT ASSOCIATION

EIN: 310784214

COLUMBUS, OH

Total Revenue
$953,657
Total Expenses
$776,438
Total Assets
$2,354,684
Net Assets
$1,826,408
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
OH
Principal Officer
LAURA SWANSON
Phone
6144816949
Tax Period
2024-01-01 to 2024-12-31

COLUMBUS APARTMENT ASSOCIATION, founded in 1969, is a small nonprofit that reported $954K in total revenue in fiscal year 2024. The organization ran a surplus of $177K, a strong 19% operating margin.

Mission

TO PROVIDE MEMBERS WITH EDUCATIONAL PROGRAMS, AS WELL AS EXCHANGE OF INFORMATION, THROUGH TRAINING, MEETINGS, AND OTHER MISCELLANEOUS BENEFITS.

Program Service Accomplishments

Program 1

EDUCATION:TO ORGANIZE, PRODUCE CONDUCT, MANAGE AND OPERATE EDUCATIONAL SCHOOLS, FACILITIES, SEMINARS, CLASSES, LECTURES AND SUCH OTHER EDUCATIONAL FORUMS, IN OR ABOUT THE CENTRAL OHIO AREA, FROM TIME...

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EDUCATION:TO ORGANIZE, PRODUCE CONDUCT, MANAGE AND OPERATE EDUCATIONAL SCHOOLS, FACILITIES, SEMINARS, CLASSES, LECTURES AND SUCH OTHER EDUCATIONAL FORUMS, IN OR ABOUT THE CENTRAL OHIO AREA, FROM TIME TO TIME FOR THE BENEFIT OF THE ASSOCIATION AND THE MULTIFAMILY HOUSING INDUSTRY.

Program 2

MEMBER SERVICES:DURING THE YEAR, THE MEMBERSHIP COMES TOGETHER TO SHARE LUNCH AND HEAR CAA BUSINESS, EVENT AND EDUCATIONAL UPDATES. A KEYNOTE SPEAKER PROVIDES YOU WITH INFORMATION ON CURRENT EVENTS...

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MEMBER SERVICES:DURING THE YEAR, THE MEMBERSHIP COMES TOGETHER TO SHARE LUNCH AND HEAR CAA BUSINESS, EVENT AND EDUCATIONAL UPDATES. A KEYNOTE SPEAKER PROVIDES YOU WITH INFORMATION ON CURRENT EVENTS WITHIN YOUR COMMUNITY AND TOPICS RELATED TO THE MULTI-FAMILY INDUSTRY. THIS IS AN IDEAL EVENT FOR NETWORKING AND NAME RECOGNITION.

Program 3

TRADE SHOW:THE CENTRAL OHIO MULTIFAMILY EXPOSITION IS THE CAA'S ANNUAL TRADE SHOW AND EDUCATION CONFERENCE. THE CAA'S EXPO IS CENTRAL OHIO'S LARGEST MULTIFAMILY INDUSTRY SHOW, ATTRACTING 600+...

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TRADE SHOW:THE CENTRAL OHIO MULTIFAMILY EXPOSITION IS THE CAA'S ANNUAL TRADE SHOW AND EDUCATION CONFERENCE. THE CAA'S EXPO IS CENTRAL OHIO'S LARGEST MULTIFAMILY INDUSTRY SHOW, ATTRACTING 600+ ATTENDEES WHO ARE ANXIOUS TO BUILD ON THEIR ALREADY ESTABLISHED BUSINESS RELATIONSHIPS AND SHOP FOR NEW SERVICES.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $29,260
Program Service Revenue $682,415
Investment Income $65,405
Other Revenue $176,577
TOTAL REVENUE $953,657

Expense Breakdown

Grants Paid $0
Salaries & Benefits $362,150
Fundraising Expenses $0
Other Expenses $414,288
TOTAL EXPENSES $776,438

Year-over-Year Comparison

2024 2023 Change
Revenue $953,657 $936,210 +0.0%
Expenses $776,438 $881,382 -0.1%
Net Income $177,219 $54,828 +2.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
41
Independent Members
41
Employees
7
Volunteers
41

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
9
$155,021
Total Directors
41
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA SWANSON EXECUTIVE DIRECTOR 20.00
Officer
$137,889 $17,132 $155,021
DON BRUNNER PRESIDENT 1.00
Officer Director
$0 $0 $0
JUSTIN GARLAND MEMBERSHIP VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
NOELLE SMITH MEMBERSHIP VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MIKE LANGE EDUCATION VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
AMANDA MCCULLOUGH ASSOCIATE VP 1.00
Officer Director
$0 $0 $0
STEVE PAPINEAU IMMED. PAST PRES/VP PUBLIC 1.00
Officer Director
$0 $0 $0
CHRIS ROHRBACHER SECRETARY/PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
CARRIE SITTERLEY TREASURER 1.00
Officer Director
$0 $0 $0
BRIAN SCHOTTENSTEIN MEMBER 1.00
Director
$0 $0 $0
BILL FRITSCHE MEMBER 1.00
Director
$0 $0 $0
ANDREW SHOWE MEMBER 1.00
Director
$0 $0 $0
BRAD DEHAYS MEMBER 1.00
Director
$0 $0 $0
BRETT KAUFMAN MEMBER 1.00
Director
$0 $0 $0
DAVE ANDERSON MEMBER 1.00
Director
$0 $0 $0
DAVID FISHER MEMBER 1.00
Director
$0 $0 $0
DAVID HOLZER MEMBER 1.00
Director
$0 $0 $0
DON SEAGER MEMBER 1.00
Director
$0 $0 $0
FRED DAMSEN MEMBER 1.00
Director
$0 $0 $0
JENNY DONNELLON MEMBER 1.00
Director
$0 $0 $0
JOHN CONNOR MEMBER 1.00
Director
$0 $0 $0
MARK WAGENBRENNER MEMBER 1.00
Director
$0 $0 $0
MARLENE MAHONEY MEMBER 1.00
Director
$0 $0 $0
MIKE LANDRUM MEMBER 1.00
Director
$0 $0 $0
NATE FISHER MEMBER 1.00
Director
$0 $0 $0
NEIL SETHI MEMBER 1.00
Director
$0 $0 $0
PHILIP BARCUS MEMBER 1.00
Director
$0 $0 $0
RANDY PALMER MEMBER 1.00
Director
$0 $0 $0
SCOTT NEWCOMB MEMBER 1.00
Director
$0 $0 $0
SCOTT SOLOMON MEMBER 1.00
Director
$0 $0 $0
STEVE HESS MEMBER 1.00
Director
$0 $0 $0
TED BLOOM MEMBER 1.00
Director
$0 $0 $0
WAYNE GARLAND MEMBER 1.00
Director
$0 $0 $0
BRENT WRIGHTSEL MEMBER 1.00
Director
$0 $0 $0
CHELSIE MICKLEY MEMBER 1.00
Director
$0 $0 $0
CORY RATAI MEMBER 1.00
Director
$0 $0 $0
KARA THOMPSON MEMBER 1.00
Director
$0 $0 $0
DANA MOORE MEMBER (STARTED 2024) 1.00
Director
$0 $0 $0
SCOTT LLOYD MEMBER (STARTED 2024) 1.00
Director
$0 $0 $0
TALLIA MCCORMICK MEMBER (STARTED 2024) 1.00
Director
$0 $0 $0
DALIA KALGREEN MEMBER (STARTED 2024) 1.00
Director
$0 $0 $0
JENNIFER WILLIAMS MEMBER (STARTED 2024) 1.00
Director
$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 $953,657 $776,438 $2,354,684 $177,219
2023 $936,210 $881,382 $2,249,939 $54,828
2022 $897,358 $1,062,275 $2,252,034 $-164,917
2021 $943,476 $749,121 $2,142,409 $194,355
2020 $780,064 $682,775 $1,984,523 $97,289
2019 $985,118 $861,210 $1,603,179 $123,908
2018 $824,977 $857,945 $1,725,890 $-32,968
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