GREATER NASHVILLE APARTMENT ASSOCIATION

EIN: 620763136

NASHVILLE, TN

Total Revenue
$2,521,529
Total Expenses
$2,094,364
Total Assets
$2,235,549
Net Assets
$1,470,714
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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
1996
Legal Domicile
TN
Principal Officer
GINNY JOHNSON
Phone
6153653047
Tax Period
2024-01-01 to 2024-12-31

GREATER NASHVILLE APARTMENT ASSOCIATION, founded in 1996, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $427K, a strong 17% operating margin.

Mission

PROFESSIONAL DEVELOPMENT FOR GOODWILL & UNDERSTANDING WITH THE APARTMENT-RESIDING PUBLIC.

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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 $0
Program Service Revenue $2,120,987
Investment Income $57,455
Other Revenue $343,087
TOTAL REVENUE $2,521,529

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $525,508
Fundraising Expenses $0
Other Expenses $1,565,856
TOTAL EXPENSES $2,094,364

Year-over-Year Comparison

2024 2023 Change
Revenue $2,521,529 $2,189,052 +0.2%
Expenses $2,094,364 $1,986,419 +0.1%
Net Income $427,165 $202,633 +1.1%
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
40
Independent Members
40
Employees
9
Volunteers
100

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
6
$133,027
Total Directors
40
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE LISTON IMMEDIATE PAST CHAIRMAN 3.00
Officer Director
$0 $0 $0
JENN MULHOLLAND CHAIRMAN 3.00
Officer Director
$0 $0 $0
KATHERINE MORROW CHAIRMAN ELECT 3.00
Officer Director
$0 $0 $0
ANDREW KLAHN VICE CHAIRMAN 3.00
Officer Director
$0 $0 $0
EDDIE IVEY SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
EMIR SKOPLJAK MAINTENANCE DIRECTOR 3.00
Director
$0 $0 $0
HOLLY DUREN MANAGEMENT DIRECTOR 2.00
Director
$0 $0 $0
DJ ARBOGAST SUPPLIERS DIRECTOR 2.00
Director
$0 $0 $0
MELANIE BRINK MANAGEMENT DIRECTOR 2.00
Director
$0 $0 $0
SUNDAE CAUDLE MANAGEMENT DIRECTOR 2.00
Director
$0 $0 $0
TABITHA KNOX GILL MANAGEMENT DIRECTOR 2.00
Director
$0 $0 $0
LAUREN HARTSTERN MANAGEMENT DIRECTOR 2.00
Director
$0 $0 $0
ALICIA JONES MANAGEMENT DIRECTOR 2.00
Director
$0 $0 $0
SULLY LEMMONS MANAGEMENT DIRECTOR 2.00
Director
$0 $0 $0
ERICK ROCHA MANAGEMENT DIRECTOR 2.00
Director
$0 $0 $0
NICOLE SAMSON MANAGEMENT DIRECTOR 2.00
Director
$0 $0 $0
JULIE STAYTON MANAGEMENT DIRECTOR 2.00
Director
$0 $0 $0
LAURA WATKINS MANAGEMENT DIRECTOR 2.00
Director
$0 $0 $0
BRANDON ETHERIDGE MAINTENANCE DIRECTOR 2.00
Director
$0 $0 $0
RUSTY GUILLIAMS MAINTENANCE DIRECTOR 2.00
Director
$0 $0 $0
NATHAN LYBARGER SUPPLIER DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER MCCOY SUPPLIER DIRECTOR 2.00
Director
$0 $0 $0
RUSTY MCDONALD SUPPLIER DIRECTOR 2.00
Director
$0 $0 $0
ALBERTO SUASTEGI SUPPLIER DIRECTOR 2.00
Director
$0 $0 $0
MARIA WILLIAMS SUPPLIER DIRECTOR 2.00
Director
$0 $0 $0
SHELLEY JAMES IREM/ACTIVE PAST CHAIRMAN 2.00
Director
$0 $0 $0
NORMAN DEEP DIRECTOR - MDHA 2.00
Director
$0 $0 $0
NANCY MORRIS DIRECTOR - ACTIVE PAST CHAIRMAN 2.00
Director
$0 $0 $0
ANDY GASS DIRECTOR - ACTIVE PAST CHAIRMAN ACTIVE PAST CHAIRM 2.00
Director
$0 $0 $0
LINDA PAGE DIRECTOR - ACTIVE PAST CHAIRMAN ACTIVE PAST CHAIRM 2.00
Director
$0 $0 $0
SUSAN SHERFIELD DIRECTOR - ACTIVE PAST CHAIRMAN ACTIVE PAST CHAIRM 2.00
Director
$0 $0 $0
MARY BRADLEY DIRECTOR - ACTIVE PAST CHAIRMAN ACTIVE PAST CHAIRM 2.00
Director
$0 $0 $0
CHARI LEWIS DIRECTOR - ACTIVE PAST CHAIRMAN ACTIVE PAST CHAIRM 2.00
Director
$0 $0 $0
TAMMY LEE DIRECTOR - ACTIVE PAST CHAIRMAN ACTIVE PAST CHAIRM 2.00
Director
$0 $0 $0
STACY L TAYLOR DIRECTOR - ACTIVE PAST CHAIRMAN ACTIVE PAST CHAIRM 2.00
Director
$0 $0 $0
LISA SWICK DIRECTOR - ACTIVE PAST CHAIRMAN ACTIVE PAST CHAIRM 2.00
Director
$0 $0 $0
STEPHANIE BURNS DIRECTOR - ACTIVE PAST CHAIRMAN ACTIVE PAST CHAIRM 2.00
Director
$0 $0 $0
ZAC WARD DIRECTOR - ACTIVE PAST CHAIRMAN ACTIVE PAST CHAIRM 2.00
Director
$0 $0 $0
STACEY HOLT DIRECTOR - ACTIVE PAST CHAIRMAN ACTIVE PAST CHAIRM 2.00
Director
$0 $0 $0
TRACEY CROWE DIRECTOR - ACTIVE PAST CHAIRMAN ACTIVE PAST CHAIRM 2.00
Director
$0 $0 $0
GINNY JOHNSON PRESIDENT 30.00
Officer
$123,576 $9,451 $133,027
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 $2,521,529 $2,094,364 $2,235,549 $427,165
2023 $2,189,052 $1,986,419 $1,861,024 $202,633
2022 $2,081,874 $1,958,646 $1,766,503 $123,228
2021 $1,810,659 $1,613,993 $1,198,837 $196,666
2020 $1,404,488 $1,457,511 $1,037,144 $-53,023
2019 $1,809,267 $1,835,363 $997,866 $-26,096
2018 $1,799,921 $1,703,511 $1,020,795 $96,410
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