2024-11-08T08:57:18-06:00 2023-12-31 742900215 MAXWELL LOCKE & RITTER LLP 401 CONGRESS AVENUE SUITE 1100 AUSTIN TX 787019682 990 2023-01-01 743021477 TEXAS APARTMENT ASSOCIATION EDUCATION FOUNDATION TEXA 5124796252 1011 SAN JACINTO BOULEVARD 600 AUSTIN TX 787011951 CHRIS NEWTON VICE PRESIDENT 5124796252 2024-09-13 1 0 SHANNON PETERSON P01281287 5123703200 2023 2024-10-15 13:58:12Z CHRIS NEWTON 1011 SAN JACINTO BOULEVARD 600 AUSTIN TX 787011951 340852 0 X TAAEF.TAA.ORG X 2001 TX CREATED TO DEVELOP A PIPELINE OF TALENT AND TO SUPPORT EDUCATIONAL ACTIVITIES RELATED TO THE RENTAL HOUSING INDUSTRY. 14 14 0 15 0 0 115759 242908 0 0 8497 29444 16008 -4217 140264 268135 18604 0 0 0 172278 176197 0 0 18933 78639 93904 269521 270101 -129257 -1966 802434 873642 44020 110273 758414 763369 CREATED TO DEVELOP A PIPELINE OF TALENT AND TO SUPPORT EDUCATIONAL ACTIVITIES RELATED TO THE RENTAL HOUSING INDUSTRY. 0 0 234366 THE ORGANIZATION EDUCATES TEXANS ABOUT CAREER OPPORTUNITIES IN THE RENTAL HOUSING INDUSTRY AND SUPPORTS FORMALIZED TRAINING PROGRAMS ACROSS THE STATE. 234366 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 3 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X DANIELLE CORBELL 5124796252 1011 SAN JACINTO SUITE 600 AUSTIN TX 78701 MARK HURLEY PRESIDENT 1.00 X X 0 0 0 DEMETRIO JIMENEZ DIRECTOR 1.00 X 0 0 0 KELLEY LISERIO DIRECTOR 1.00 X 0 0 0 RENEE ZAHN DIRECTOR 1.00 X 0 0 0 MIKE RUST DIRECTOR 1.00 X 0 0 0 CLAY HICKS DIRECTOR 1.00 X 0 0 0 JACKIE RHONE DIRECTOR 1.00 X 0 0 0 TRACI HALL IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 MARC ROSS PAST PRESIDENT 1.00 X 0 0 0 CHRISTY RODRIGUEZ DIRECTOR 1.00 X 0 0 0 RICHARD WHATCOTT DIRECTOR 1.00 X 0 0 0 SAM LEVASSAR DIRECTOR 1.00 X 0 0 0 ALBERT GILLESPIE DIRECTOR 1.00 X 0 0 0 SARAH TURNER DIRECTOR 1.00 X 0 0 0 CHRIS NEWTON EXECUTIVE VICE PRESIDENT 5.00 35.00 X 0 605000 49720 REBECCA RAMATI VP TAAEF 40.00 X 144417 0 22241 144417 605000 71961 1 0 1 0 0 3477 181497 57934 242908 29444 29444 0 3477 0 0 68500 72717 -4217 -4217 268135 0 0 25227 143360 129024 7168 7168 22243 20019 1112 1112 10594 9534 530 530 3360 3360 53510 53510 6105 3707 73 2325 6699 4361 242 2096 22885 13500 4000 5385 6345 5711 317 317 BAD DEBT RECOVERY -5000 -5000 270101 234366 16802 18933 145721 206571 32000 5000 49 250 3758 614619 650964 10045 7099 802434 873642 44020 4094 0 106179 44020 110273 X 731462 755917 26952 7452 758414 763369 802434 873642 -1966 6921 0 X X 0 1 X 1 0 X X X 1 TEXAS APARTMENT ASSOCIATION 741546205 10 1 0 0 1 0 0 1 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART IV, SECTION A. LINE 3B - QUALIFIED UNDER 501C(4)(5) OR (6) TAAEF'S EXECUTIVE COMMITTEE HAS ACCESS TO THE SUPPORTED ORGANIZATION'S BOOKS AND RECORDS AND IS ABLE TO ANNUALLY REVIEW THE PUBLIC SUPPORT TEST UNDER SECTION 509(A)(2). THIS REVIEW WAS LAST CONDUCTED DURING 2023. SCHEDULE A, PART IV, SECTION A, LINE 3C TAAEF DOES NOT PROVIDE FINANCIAL SUPPORT TO THE SUPPORTED ORGANIZATION AND DOES NOT ANTICIPATE THIS TO OCCUR IN THE FUTURE. SCHEDULE A, PART IV, SECTION A, LINE 6 - SUPPORT TO OTHER SUPPORTED ORGS TAAEF PROVIDES SUPPORT TO ORGANIZATIONS THAT PROMOTE AND FURTHER THE MISSION OF THE TAA, WHICH IS TO PROMOTE, FOSTER, SPONSOR, ADVERTISE AND DEVELOP THE APARTMENT INDUSTRY THROUGHOUT THE STATE OF TEXAS. SUPPORT TO OTHER ORGANIZATIONS CAN FURTHER THIS MISSION THROUGH THE PROMOTION OF EDUCATIONAL PROGRAMS FOR INDIVIDUALS EMPLOYED IN OR SEEKING EMPLOYMENT IN THE MULTIFAMILY AND RENTAL HOUSING INDUSTRY IN TEXAS; THE PROVIDING OF NEEDED SCHOLARSHIPS AND ECONOMIC ASSISTANCE TO ELIGIBLE AND QUALIFIED STUDENTS SEEKING A CAREER IN THE MULTIFAMILY OR RENTAL HOUSING INDUSTRY; AND ANY OTHER EDUCATIONAL PURPOSE THAT RELATES TO THE OWNERS, OPERATORS OR RESIDENTS OF THE MULTIFAMILY AND RENTAL HOUSING INDUSTRY IN THE STATE OF TEXAS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO TAA 106179 106179 68500 69268 3449 0 68500 69268 3449 72717 -4217 TX 0 THE STATE OF TEXAS DOES NOT REQUIRE A LICENSE TO CONDUCT RAFFLES HELD BY A QUALIFIED 501(C) TAX-EXEMPT, NON PROFIT ORGANIZATION 0 0 0 0.00000 1.00000 DANIELLE CORBELL 1011 SAN JACINTO BLVD SUITE 600 AUSTIN TX 787011951 0 REBECCA RAMATI 1167 COORDINATION AND MANAGEMENT OF RAFFLE X 0 0 0 0 0 0 0 0 0 0 CHRIS NEWTON EXECUTIVE VICE PRESIDENT 0 500000 0 105000 0 0 0 19800 0 29920 0 654720 0 0 REBECCA RAMATI VP TAAEF 128000 0 16417 0 0 0 8602 0 13639 0 166658 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A TEXAS APARTMENT ASSOCIATION (TAA), THE SUPPORTED ORGANIZATION, APPOINTS THE TAAEF PRESIDENT AND TAA OFFICERS ARE AUTOMATICALLY INCLUDED ON TAAEF'S BOARD. THE TAAEF PRESIDENT THEN ELECTS THE REMAINING POSITIONS. FORM 990, PART VI, SECTION A, LINE 8B THERE IS NO COMMITTEE THAT HAS BEEN DELEGATED BROAD AUTHORITY BY THE GOVERNING BODY. LINE 8B IS ANSWERED AS "NO" IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS. FORM 990, PART VI, SECTION B, LINE 11B TEXAS APARTMENT ASSOCIATION EDUCATION FOUNDATION'S GOVERNING BODY REVIEWS THE TAX RETURN WITH THE FOUNDATION'S EXTERNAL CPA FIRM AND VOTE TO APPROVE THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PROVIDED AT THE START OF THE FISCAL YEAR TO ALL EDUCATION FOUNDATION BOARD MEMBERS. THE POLICY IS SELF POLICING UNLESS TAAEF IS MADE AWARE OR BECOMES AWARE OF A POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY WRITTEN OR ORAL REQUEST. FORM 990, PART VI, SECTION B, LINE 15A: THE EXECUTIVE VICE PRESIDENT IS COMPENSATED BY TAA, THE SUPPORTED ORG OF TAAEF. THE EXECUTIVE COMMITTEE OF TAA DETERMINES THE COMPENSATION FOR THE EXECUTIVE VICE PRESIDENT IN A CLOSED MEETING. THE ORGANIZATION OFFICERS ARE PROVIDED WITH SALARY SURVEYS FOR COMPARABILITY. THE EXECUTIVE VICE PRESIDENT HAS THE AUTHORITY TO ESTABLISH SALARIES FOR ALL OTHER TAA STAFF MEMBERS, INCLUDING OTHER OFFICERS AND KEY EMPLOYEES, BASED UPON A SALARY LINE ITEM APPROVED BY THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS, WHICH INCLUDES A CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. LINE 15A IS ANSWERED AS "NO" IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS. FORM 990, PART VI, SECTION B, LINE 15B: THE EXECUTIVE VICE PRESIDENT OF TAA, THE SUPPORTED ORGANIZATION OF TAAEF, HAS THE AUTHORITY TO ESTABLISH SALARIES FOR ALL OTHER STAFF MEMBERS, INCLUDING OTHER OFFICERS AND KEY EMPLOYEES, BASED UPON A SALARY LINE ITEM APPROVED BY THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS, WHICH INCLUDES A CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. LINE 15B IS ANSWERED AS "NO" IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. TEXAS APARTMENT ASSOCIATION INC 1011 SAN JACINTO BLVD SUITE 600 AUSTIN TX 78701 741546205 PROMOTE AND DEVELOP RENTAL HOUSING INDUSTRY IN TEXAS TX 501(C)(6) 0 TEXAS APARTMENT ASSOCIATION PAC 1011 SAN JACINTO BLVD SUITE 600 AUSTIN TX 78701 742424192 INFLUENCE SELECTION OF INDIVIDUALS TO POLITICAL OFFICE TX 527 0 APT LEASE FORMS INC 1011 SAN JACINTO BLVD SUITE 600 AUSTIN TX 78701 742798766 COMPUTER LEASE FORMS TX NO C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 TEXAS APARTMENT ASSOCIATION INC C 181497 CASH TEXAS APARTMENT ASSOCIATION INC O 70375 FAIR MARKET VALUE TEXAS APARTMENT ASSOCIATION INC P 153953 CASH