2024-11-15T13:04:40-06:00 2023-12-31 481111111 CBIZ ADVISORS LLC 3925 RIVER CROSSING PKWY STE 100 INDIANAPOLIS IN 46240 990 2023-01-01 351160614 INDIANA APARTMENT ASSOCIATION INC INDI 3178168900 9200 KEYSTONE XING STE 100 100 INDIANAPOLIS IN 462402166 LYNNE PETERSEN CAE PRESIDENT 3178168900 2024-11-14 1 0 C BRIAN THRASHER P00415434 3174722200 2024-11-14 2023 2024-10-15 13:58:12Z LYNNE PETERSEN 9200 KEYSTONE XING STE 100 100 INDIANAPOLIS IN 462402166 3152016 0 X WWW.IAAONLINE.NET X 1969 IN TO PROMOTE, ADVISE AND PROTECT THE GENERAL INTERESTS OF THE OWNERSHIP AND MANAGEMENT OF MULTI-FAMILY HOUSING IN THE INDIANA AREA BY UNITING THOSE ENGAGED IN THE BUSINESS. TO UPHOLD THE DIGNITY OF THE PROPERTY MANAGEMENT PROFESSION AND TO ACQUIRE AND DISSEMINATE USEFUL BUSINESS INFORMATION AMONG ITS MEMBERS, TO FOSTER A SPIRIT OF COOPERATION AMONG ITS MEMBERS; TO CULTIVATE HIGHER STANDARDS OF PRACTICE AND BUSINESS ETHICS. 25 25 12 0 0 0 0 0 2384714 2907911 168092 99507 364659 144598 2917465 3152016 0 0 0 0 993564 1114850 0 0 0 1638064 1962646 2631628 3077496 285837 74520 6032089 6473890 1947752 1855461 4084337 4618429 X TO PROMOTE, ADVISE AND PROTECT THE GENERAL INTERESTS OF THE OWNERSHIP AND MANAGEMENT OF MULTI-FAMILY HOUSING IN THE INDIANA AREA BY UNITING THOSE ENGAGED IN THE BUSINESS. TO UPHOLD THE DIGNITY OF THE PROPERTY MANAGEMENT PROFESSION AND TO ACQUIRE AND DISSEMINATE USEFUL BUSINESS INFORMATION AMONG ITS MEMBERS, TO FOSTER A SPIRIT OF COOPERATION AMONG ITS MEMBERS; TO CULTIVATE HIGHER STANDARDS OF PRACTICE AND BUSINESS ETHICS. 0 0 THE ASSOCIATION REPRESENTS MORE THAN 280,000 UNITS THROUGHOUT THE STATE OF INDIANA INCLUDING MEMBERS IN 1 AFFILIATE CHAPTER AND 6 COUNCIL AREAS. THE ASSOCIATION PROVIDES ITS MEMBERS WITH VARIOUS EVENTS, PROGRAMS AND SERVICES INCLUDING AN ANNUAL CONVENTION, EDUCATION SEMINARS, PERIODICALS, AND AN ANNUAL MEMBERSHIP DIRECTORY. THE INDIANA MULTI FAMILY HOUSING POLITICAL ACTION COMMITTEE (IMFHPAC) IS A SEGREGATED FUND OF THE ASSOCIATION. THE ASSOCIATION PROVIDES OWNERS AND MANAGEMENT COMPANIES WITH A CONSTRUCTIVE FORCE THROUGH WHICH TO WORK FOR THE BETTERMENT OF THE MULTIFAMILY HOUSING INDUSTRY. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 46 0 12 0 1 1 0 0 0 1 1 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 IN X MARY MASSEY 3178168900 9200 KEYSTONE CROSSING SUITE 100 INDIANAPOLIS IN 46240 TIM SHAFER PAST CHAIRMAN OF THE BOARD 0.50 X X 0 0 0 SANDY CARMIN CHAIRMAN OF THE BOARD 0.50 X X 0 0 0 JERRY COLLINS BOARD MEMBER 0.50 X X 0 0 0 CLARKE ARNOLD BOARD MEMBER 0.50 X X 0 0 0 CHAD GREIWE TREASURER 0.50 X X 0 0 0 KRISTIE ARNST BOARD MEMBER 0.50 X 0 0 0 JOHN EHRHARDT BOARD MEMBER 0.50 X 0 0 0 MICHAEL COLLINS BOARD MEMBER 0.50 X 0 0 0 RANDY ESCUE BOARD MEMBER 0.50 X 0 0 0 MIKE GORMAN BOARD MEMBER 0.50 X 0 0 0 JON HICKS BOARD MEMBER 0.50 X 0 0 0 ANGIE HUG BOARD MEMBER 0.50 X 0 0 0 CINDY KOEHLER BOARD MEMBER 0.50 X 0 0 0 CHARLIE KURTZ SECRETARY 0.50 X 0 0 0 GREG MARTIN BOARD MEMBER 0.50 X 0 0 0 BRUCE MILLS BOARD MEMBER 0.50 X 0 0 0 ALEX STOKELY VICE CHAIRMAN OF THE BOARD 0.50 X 0 0 0 GEORGE TIKIJIAN BOARD MEMBER 0.50 X 0 0 0 CHUCK TOWNSEND BOARD MEMBER 0.50 X 0 0 0 MJ TRUJILLO BOARD MEMBER 0.50 X 0 0 0 DAVID LAMB CHAPTER BOARD MEMBER 0.50 X 0 0 0 LYAL HUFF SUPPLIER BOARD MEMBER 0.50 X 0 0 0 LIZ TAYLOR SUPPLIER BOARD MEMBER 0.50 X 0 0 0 LUKE GILLIATT BOARD MEMBER 0.50 X 0 0 0 PEGGY MEYER CHAPTER STAFF MEMBER 0.50 X 0 0 0 LYNNE PETERSEN CAE PRESIDENT 40.00 X 338116 0 27560 BRIAN SPAULDING DIRECTOR OF GOVERNMENT AFF 40.00 X 186302 0 20575 524418 0 48135 2 0 1 0 0 MEMBER DUES &ASSESSMEN 900099 1132824 1132824 CONVENTIONS 900099 1013425 1013425 EDUCATION PROGRAMS 900099 304045 304045 FORMS REVENUE 900099 240143 240143 EVENTS REVENUE 900099 206711 206711 10763 10763 2907911 99507 99507 ADVERTISING REVENUE 541800 144598 144598 144598 3152016 3052509 0 99507 1019036 28649 67165 40333 781 29706 158190 42686 128813 14708 664022 4601 45484 93293 ST WIDE LOCAL ORDINANCE 210599 DUES AND SUBSCRIPTIONS 189109 PRINTING AND POSTAGE 89207 OFFICE EQUIPMENT 81261 169853 3077496 788289 1076951 77236 63274 2722 2495 64052 51276 437852 178954 287069 258898 3126475 3533427 1686246 1487569 6032089 6473890 58810 134478 59464 80477 1829478 1640506 1947752 1855461 X 3995135 4406222 89202 212207 4084337 4618429 6032089 6473890 X 74520 336567 123005 X 0 1 X 1 0 0 0 0 1484710 520699 187556 708255 760390 -52135 9336 2879 6457 428516 176075 252441 258898 MORGAN STANLEY - CORP/GOVT BONDS 448000 C MORGAN STANLEY - EQUITIES 1950543 C VALUATION ADJUSTMENT 369884 C MORGAN STANLEY - CERT. OF DEPOSITS 765000 C 3533427 RIGHT OF USE ASSET - OPERATING LEASE 1487569 1487569 ACCRUED EXPENSES 18846 OPERATING LEASE LIABILITY 1621660 1640506 X 3995152 336567 506569 843136 3152016 0 3152016 3461060 383564 383564 3077496 0 3077496 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND APPLICATION STATE LAW. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ASSOCIATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE THE RECOGNITION IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE STATEMENTS OF ACTIVITIES OR STATEMENTS OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: PAC REVENUE 506,569. PART XII, LINE 2D - OTHER ADJUSTMENTS: PAC EXPENSES 383,564. X 0 0 0 LYNNE PETERSEN CAE PRESIDENT 301491 0 36625 0 0 0 8347 0 19213 0 365676 0 0 0 BRIAN SPAULDING DIRECTOR OF GOVERNMENT AFF 166868 0 19434 0 0 0 4620 0 15955 0 206877 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO MANAGEMENT. MANAGEMENT FORWARDS A DRAFT COPY OF THE RETURN TO THE OFFICERS. THE BOARD IS INFORMED THAT THE 990 HAS BEEN FILED AND IF THEY WOULD LIKE TO REVIEW A COPY OF THE RETURN IT WILL BE PROVIDED TO THEM AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT REQUIRES ALL DIRECTORS TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS APPROVE THE SALARIES THEN THE BOARD APPROVES THE SALARIES VIA THE ANNUAL BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION IS MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: PAC NET INCOME 123,005. INDIANA APARTMENT ASSOCIATION ANTHONY G GORUP EDUCATION FOUNDATION INC 9200 KEYSTONE CROSSING STE 100 INDIANAPOLIS IN 462402166 352110926 TO SUPPORT OPPORTUNITIES FOR INDIVIDUALS IN THE APARTMENT INDUSTRY IN 501C PUBLIC INDIANA APARTMENT ASSOCIATION INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0