THE CHATTANOOGA APARTMENT ASSOCIATION

EIN: 383784329 Community Improvement

CHATTANOOGA, TN

Total Revenue
$238,449
Total Expenses
$183,414
Total Assets
$385,463
Net Assets
$385,463
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
TN
Principal Officer
Amanda Lemley
Phone
4238024936
Tax Period
2025-01-01 to 2025-12-31

THE CHATTANOOGA APARTMENT ASSOCIATION, founded in 1990, is a small nonprofit in the Community Improvement sector that reported $238K in total revenue in fiscal year 2025. The organization ran a surplus of $55K, a strong 23% operating margin.

Mission

We are a network of professionals in our community representing the apartment industry with excellence and integrity. We provide valuable resources for our members and community through education service and advocacy.

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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 (2025)

Revenue Breakdown

Contributions & Grants $110,593
Program Service Revenue $76,142
Investment Income $6,972
Other Revenue $44,742
TOTAL REVENUE $238,449

Expense Breakdown

Grants Paid $0
Salaries & Benefits $48,378
Fundraising Expenses $0
Program Expenses $0
Other Expenses $135,036
TOTAL EXPENSES $183,414

Year-over-Year Comparison

2025 2024 Change
Revenue $238,449 $241,794 0.0%
Expenses $183,414 $146,532 +0.3%
Net Income $55,035 $95,262 -0.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
277
Independent Members
N/A
Employees
N/A
Volunteers
12

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
5
$0
Total Directors
8
$0
Key Employees
2
$18,378
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Abraham McCarver Director 1.00
Director
$0 $0 $0
Diana Courtney Vice President 1.00
Director
$0 $0 $0
Michael Yates Director 1.00
Director
$0 $0 $0
Rachel Hill Director 1.00
Director
$0 $0 $0
Trevor Kremser Director 1.00
Director
$0 $0 $0
Jennifer McCoy Legal Counsel 1.00
Director
$0 $0 $0
MacKenzie Wilk President 1.00
Officer
$0 $0 $0
Amanda Lemley President Elect 1.00
Officer
$0 $0 $0
David Tonahill Director 1.00
Director
$0 $0 $0
Rick Vallana Treasurer 1.00
Officer
$0 $0 $0
Ashli Mote Secretary 1.00
Officer
$0 $0 $0
Brittany Grant Immediate Past President 1.00
Officer
$0 $0 $0
Sarah Gibbs Accounting and Website Manager 15.00
Key Emp
$17,818 $0 $17,818
Roberta Turner Executive Director 30.00
Highest
$30,000 $0 $30,000
Amber Coleman Contract Worker 1.00
Key Emp
$560 $0 $560
Brandon O'Connor Director 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
2025 $238,449 $183,414 $385,463 $55,035
2024 $241,794 $146,532 $330,428 $95,262
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