TEXAS APARTMENT ASSOCIATION INC

EIN: 741546205

AUSTIN, TX

Total Revenue
$14,483,298
Total Expenses
$13,983,758
Total Assets
$10,457,259
Net Assets
$4,385,976
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
TX
Principal Officer
CHRIS NEWTON
Phone
5124796252
Tax Period
2023-01-01 to 2023-12-31

TEXAS APARTMENT ASSOCIATION INC, founded in 1963, is a mid-sized nonprofit that reported $14.5M in total revenue in fiscal year 2023. Expenses of $14.0M left a modest 3% surplus.

Mission

PROVIDE EXCEPTIONAL ADVOCACY, EDUCATION AND COMMUNICATION FOR THE TEXAS RENTAL HOUSING INDUSTRY INCLUDING ALL TYPES OF RENTAL PROFESSIONALS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $14,302,477
Investment Income $103,821
Other Revenue $77,000
TOTAL REVENUE $14,483,298

Expense Breakdown

Grants Paid $183,255
Salaries & Benefits $2,930,828
Fundraising Expenses $0
Other Expenses $10,869,675
TOTAL EXPENSES $13,983,758

Year-over-Year Comparison

2023 2022 Change
Revenue $14,483,298 $13,520,752 +0.1%
Expenses $13,983,758 $13,420,726 +0.0%
Net Income $499,540 $100,026 +4.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
131
Independent Members
131
Employees
15
Volunteers
215

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
$852,401
Total Directors
132
$0
Key Employees
2
$548,219
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEMETRIO JIMENEZ PRESIDENT 1.00
Officer Director
$0 $0 $0
MIKE RUST SECRETARY 1.00
Officer Director
$0 $0 $0
LORI BUSH VP AT LARGE 1.00
Director
$0 $0 $0
HUGH COBB PAST PRESIDENT 1.00
Director
$0 $0 $0
CAYCE COON VP AT LARGE 1.00
Director
$0 $0 $0
THERESA EBNER VP AT LARGE 1.00
Director
$0 $0 $0
TRACI HALL NAA RVP 1.00
Director
$0 $0 $0
MARCIA HELLER VP AT LARGE 1.00
Director
$0 $0 $0
MARK HURLEY PAST PRESIDENT 1.00
Director
$0 $0 $0
CLAY HICKS PAST PRESIDENT 1.00
Director
$0 $0 $0
CANDY MAXEY VP AT LARGE 1.00
Director
$0 $0 $0
TANNER NOBLE VP AT LARGE 1.00
Director
$0 $0 $0
JAY PARMELEE NAA RVP 1.00
Director
$0 $0 $0
JACKIE RHONE NAA RVP 1.00
Director
$0 $0 $0
CHRISTY RODRIGUEZ VP AT LARGE 1.00
Director
$0 $0 $0
KELLEY LISERIO PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
RENEE ZAHN TREASURER 1.00
Officer Director
$0 $0 $0
MATT JONES VP AT LARGE 1.00
Director
$0 $0 $0
JOSHUA ALLEN BOARD MEMBER 1.00
Director
$0 $0 $0
AMY ALVAREZ BOARD MEMBER 1.00
Director
$0 $0 $0
MARCI AMARO BOARD MEMBER 1.00
Director
$0 $0 $0
BEVERLY ASBURY BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN BALDWIN BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN BORIACK BOARD MEMBER 1.00
Director
$0 $0 $0
KYLE BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
KORI BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
MANDY BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
KRIS BURLESON BOARD MEMBER 1.00
Director
$0 $0 $0
JANIE NASH BURNETT BOARD MEMBER 1.00
Director
$0 $0 $0
WENDELL BURRIS BOARD MEMBER 1.00
Director
$0 $0 $0
JASON CANTU BOARD MEMBER 1.00
Director
$0 $0 $0
BRENDA CARPENTER BOARD MEMBER 1.00
Director
$0 $0 $0
MEAGAN CARRIGAN BOARD MEMBER 1.00
Director
$0 $0 $0
CYNTHIA CARRILLO BOARD MEMBER 1.00
Director
$0 $0 $0
SHANNON CASTILLO BOARD MEMBER 1.00
Director
$0 $0 $0
TINA CAVACO BOARD MEMBER 1.00
Director
$0 $0 $0
LEAH CHRISTIAN BOARD MEMBER 1.00
Director
$0 $0 $0
LISA CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
DEBRA CLAYTOR BOARD MEMBER 1.00
Director
$0 $0 $0
YVETTE CONTRERAS BOARD MEMBER 1.00
Director
$0 $0 $0
TY CRAFT BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN CWEREN BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS DANNA BOARD MEMBER 1.00
Director
$0 $0 $0
TOMMIE ANN DE LEON BOARD MEMBER 1.00
Director
$0 $0 $0
KIRSTEN DENOYER BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD DENSON BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA DENSON BOARD MEMBER 1.00
Director
$0 $0 $0
TAMRA DERICKSON BOARD MEMBER 1.00
Director
$0 $0 $0
BONNIE DOBLADO BOARD MEMBER 1.00
Director
$0 $0 $0
CECIL DOMEL BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT DOUGLAS BOARD MEMBER 1.00
Director
$0 $0 $0
BRYAN DOWNER BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF DUERSTOCK BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES ELLIOTT BOARD MEMBER 1.00
Director
$0 $0 $0
GINA ERWIN BOARD MEMBER 1.00
Director
$0 $0 $0
AMBER FRANKLIN BOARD MEMBER 1.00
Director
$0 $0 $0
JACKIE GAONA BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER GARCIA BOARD MEMBER 1.00
Director
$0 $0 $0
ANN MARIE GARZA BOARD MEMBER 1.00
Director
$0 $0 $0
SUNNY GIARRITTA BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES GIDDENS BOARD MEMBER 1.00
Director
$0 $0 $0
DIANE GILBERT BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN GILLESPIE BOARD MEMBER 1.00
Director
$0 $0 $0
ALBERT GILLISPIE BOARD MEMBER 1.00
Director
$0 $0 $0
JOE GORDON BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE GRAVES BOARD MEMBER 1.00
Director
$0 $0 $0
PATE GREENING BOARD MEMBER 1.00
Director
$0 $0 $0
ROBBI GROAT BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW HAINES BOARD MEMBER 1.00
Director
$0 $0 $0
LYNDSAY HANES BOARD MEMBER 1.00
Director
$0 $0 $0
MITCHELL HEAD BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC HELLER BOARD MEMBER 1.00
Director
$0 $0 $0
ERICA HENRRIQUEZ BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER HERZIG BOARD MEMBER 1.00
Director
$0 $0 $0
JACKIE HESTILOW BOARD MEMBER 1.00
Director
$0 $0 $0
RUBY IMAI BOARD MEMBER 1.00
Director
$0 $0 $0
MEAGAN JOHNSTON BOARD MEMBER 1.00
Director
$0 $0 $0
VICTORIA KEELER BOARD MEMBER 1.00
Director
$0 $0 $0
MEGAN KESSLER BOARD MEMBER 1.00
Director
$0 $0 $0
CHELSEA KNEELAND BOARD MEMBER 1.00
Director
$0 $0 $0
ADELLA LAMB BOARD MEMBER 1.00
Director
$0 $0 $0
BRANDY LAMON BOARD MEMBER 1.00
Director
$0 $0 $0
TONY LINK BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA LOEB BOARD MEMBER 1.00
Director
$0 $0 $0
JUSTIN LOPEZ BOARD MEMBER 1.00
Director
$0 $0 $0
IAN MATTINGLY VP AT LARGE 1.00
Director
$0 $0 $0
MONT MCCLENDON BOARD MEMBER 1.00
Director
$0 $0 $0
LATASHA MCCOMBS BOARD MEMBER 1.00
Director
$0 $0 $0
CHAR MCCURDY BOARD MEMBER 1.00
Director
$0 $0 $0
MARY MCGOWN BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE MCQUARRY BOARD MEMBER 1.00
Director
$0 $0 $0
NORA MIRELES BOARD MEMBER 1.00
Director
$0 $0 $0
CAELA MITCHELL BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER MORALES BOARD MEMBER 1.00
Director
$0 $0 $0
CRYSTAL MOYA BOARD MEMBER 1.00
Director
$0 $0 $0
SONIA MUNOZ BOARD MEMBER 1.00
Director
$0 $0 $0
CHERYL NIX BOARD MEMBER 1.00
Director
$0 $0 $0
TIFFANY ORTIZ BOARD MEMBER 1.00
Director
$0 $0 $0
LORI OSBORNE BOARD MEMBER 1.00
Director
$0 $0 $0
DANNY PEREA VP AT LARGE 1.00
Director
$0 $0 $0
RENETTA QUINTANA BOARD MEMBER 1.00
Director
$0 $0 $0
TONI RACKLEY BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH RAMSEY BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICE RIELS BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE ROBINSON BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN ROSS BOARD MEMBER 1.00
Director
$0 $0 $0
APRIL ROYAL BOARD MEMBER 1.00
Director
$0 $0 $0
PAIGE RUSSELL BOARD MEMBER 1.00
Director
$0 $0 $0
MISSY SAEZ BOARD MEMBER 1.00
Director
$0 $0 $0
EMELDA SALAZAR BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH SHEPHERD BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELICA SILVAS BOARD MEMBER 1.00
Director
$0 $0 $0
LYNDSAY SNYDER BOARD MEMBER 1.00
Director
$0 $0 $0
JODI SPURRELL BOARD MEMBER 1.00
Director
$0 $0 $0
MISTY STEWART BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW STUFFLEBEAM BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER SYKORA BOARD MEMBER 1.00
Director
$0 $0 $0
BECKY TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
GINA THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH TURNER BOARD MEMBER 1.00
Director
$0 $0 $0
PATTY UTLEY VP AT LARGE 1.00
Director
$0 $0 $0
KELSEA VERNON BOARD MEMBER 1.00
Director
$0 $0 $0
KATYA WATSON VP AT LARGE 1.00
Director
$0 $0 $0
SHELLEY WATSON BOARD MEMBER 1.00
Director
$0 $0 $0
DAWN WAYE BOARD MEMBER 1.00
Director
$0 $0 $0
DEBBIE WIATREK BOARD MEMBER 1.00
Director
$0 $0 $0
CELINE WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
QUINTINA WILLIS BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY WONDERLY BOARD MEMBER 1.00
Director
$0 $0 $0
TRACIE YODER BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE ZAITOON BOARD MEMBER 1.00
Director
$0 $0 $0
CLAY HICKS BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS NEWTON EXECUTIVE VICE PRESIDENT 40.00
Officer
$605,000 $49,720 $654,720
DANIELLE CORBELL CHIEF FINANCIAL OFFICER 40.00
Officer
$173,660 $24,021 $197,681
SANDY HOY GENERAL COUNSEL 40.00
Key Emp
$280,478 $36,402 $316,880
GLENDA HOLMES VP MEMBER SERVICES 40.00
Key Emp
$205,378 $25,961 $231,339
DAVID MINTZ VP GOVERMENT AFFAIRS 40.00
Highest
$195,732 $26,583 $222,315
KYLE JACKSON VP GOVERNMENT AFFAIRS 40.00
Highest
$168,610 $19,424 $188,034
LYNN FISHER VP OF CONFERENCE & EXHIBIT 40.00
Highest
$132,893 $17,281 $150,174
MICHAEL MCCORMACK VP OF TECHNOLOGY 40.00
Highest
$132,000 $22,198 $154,198
SARAH CHEZBRO VP MARKETING 40.00
Highest
$163,072 $23,022 $186,094
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 $14,483,298 $13,983,758 $10,457,259 $499,540
2022 $13,520,752 $13,420,726 $9,861,291 $100,026
2021 $11,959,533 $11,950,136 $9,742,666 $9,397
2021 $6,061,209 $6,234,743 $10,900,304 $-173,534
2020 $10,060,888 $10,838,187 $7,819,355 $-777,299
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