THE APARTMENT ASSOCIATION OF LOUISIANA

EIN: 720870270

METAIRIE, LA

Total Revenue
$262,662
Total Expenses
$291,522
Total Assets
$155,057
Net Assets
$155,057
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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
1967
Legal Domicile
LA
Principal Officer
TAMMY ESPONGE
Phone
5048882492
Tax Period
2025-01-01 to 2025-12-31

THE APARTMENT ASSOCIATION OF LOUISIANA, founded in 1967, is a small nonprofit that reported $263K in total revenue in fiscal year 2025. Expenses of $292K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROMOTE HIGHER AND BETTER BUSINESS STANDARDS, PROFESIONALISM AND HONESTY IN THE APARTMENT AND MULTI FAMILY HOUSING INDUSTRY

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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 $0
Program Service Revenue $262,662
Investment Income $0
Other Revenue $0
TOTAL REVENUE $262,662

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $291,522
TOTAL EXPENSES $291,522

Year-over-Year Comparison

2025 2024 Change
Revenue $262,662 $275,503 0.0%
Expenses $291,522 $280,269 +0.0%
Net Income $-28,860 $-4,766 +5.1%
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
28
Independent Members
28
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
0
$0
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET FARMER PAST PRESIDENT 0.00
Director
$0 $0 $0
MICHAEL KRAFT PRESIDENT 0.00
Director
$0 $0 $0
TAMMY ESPONGE ASSOCIATION EXECUTIV 0.00
Director
$0 $0 $0
MACKENZIE SANDERS VICE PRESIDENT 0.00
Director
$0 $0 $0
MARTHA CARVER SECRETARY TREASUER 0.00
Director
$0 $0 $0
TONY BARATTINI LEGISLATIVE CHAIR 0.00
Director
$0 $0 $0
JILL INCHAUSTY REGIONAL VP 0.00
Director
$0 $0 $0
KALI HAY REPRESENTATIVE 0.00
Director
$0 $0 $0
LYNELLE SMITH BRAA PRESIDENT 0.00
Director
$0 $0 $0
KAITLYN KAIN ASSOCIATION EXECUTIVE 0.00
Director
$0 $0 $0
DEBBIE TAULLIE REGIONAL VP 0.00
Director
$0 $0 $0
JEANNIE HIGAZIN REGIONAL REPRESENTATIVE 0.00
Director
$0 $0 $0
KIMBERLY MATHES REGIONAL VP 0.00
Director
$0 $0 $0
SUSAN SCHOFIELD ASSICIATION EXECUTIVE 0.00
Director
$0 $0 $0
LINDSAY CALDWELL REGIONAL VP 0.00
Director
$0 $0 $0
CYNTHIA PEACE REGIOANL REPRESENTATIVE 0.00
Director
$0 $0 $0
KIMBERLY BOOKER ASSOCIATION EXECUTIVE 0.00
Director
$0 $0 $0
PHIL YEATES PAST PRESIDENT 0.00
Director
$0 $0 $0
GLORIA ROYE PAST PRESIDENT 0.00
Director
$0 $0 $0
ROBERT DAY PAST PRESIDENT 0.00
Director
$0 $0 $0
MICHELE SHANE L'HOSTE PAST PRESIDENT 0.00
Director
$0 $0 $0
MICHEL CLAUDET PAST PRESIDENT 0.00
Director
$0 $0 $0
ANTHONY AMOROSO PAST PRESIDENT 0.00
Director
$0 $0 $0
STACEY SHANE-SCHOTT PAST PRESIDENT 0.00
Director
$0 $0 $0
MELISSA ONEAL AAGNO PRESIDENT 0.00
Director
$0 $0 $0
JALEN SHELVIN REGIONAL REP 0.00
Director
$0 $0 $0
TONI LANDRY AAA PRESIDENT 0.00
Director
$0 $0 $0
LACIE BILLIOT ASSOCIATION EXECUTIVE 0.00
Director
$0 $0 $0
AMANDA BABINEAUX ASSOCIATION EXECUTIVE 0.00
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 $262,662 $291,522 $155,057 $-28,860
2024 No data No data No data No data
2023 $249,385 $273,895 $185,532 $-24,510
2022 $231,909 $216,702 $209,793 $15,207
2020 $200,014 $158,289 $172,517 $41,725
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