Nonprofit · EIN 75-1371114
LUBBOCK APARTMENT ASSOCIATION INC
Tax-exempt · LUBBOCK, TX 79423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $708,739 | $799,560 | -$90,821 | $626,077 | $49,066 | $577,011 |
| December 31, 2023 | 990 | $737,928 | $809,683 | -$71,755 | $681,486 | $4 | $681,482 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $94,901
- Program service revenue
- $557,517
- Investment income
- $28,867
- Royalties
- $40,236
- Net gain from sales of assets
- $28,051
- Net income from fundraising events
- -$13,708
- Net income from sales of inventory
- $926
- Other revenue
- $27,454
Expenses
- Grants and similar amounts paid
- $17,300
- Benefits paid to members
- $1,346
- Compensation of officers, directors and key employees
- $93,862
- Other salaries and wages
- $157,755
- Salaries, compensation and benefits (total)
- $271,654
- Professional fundraising fees
- $0
- Accounting fees
- $2,800
- Occupancy
- $31,426
- Travel
- $60,769
- Depreciation
- $7,210
Balance sheet and other
- Total assets, start of year
- $681,486
- Total assets, end of year
- $626,077
- Total liabilities, end of year
- $49,066
- Net assets, end of year
- $577,011
- Land, buildings and equipment
- $387,452
- Net assets without donor restrictions
- $577,011
- Gross receipts
- $764,662
- Employees
- 4
- Volunteers
- 35
- Year formed
- 1967
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUZANNE COMER | EXECUTIVE DIRECTOR Officer | 37.5 | $93,862 |
| ALBERT GILLESPIE | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JASON CANTU | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| WENDELL BURRIS | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| TANNER NOBLE | PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| MONT MCCLENDON | DIRECTOR Trustee or director | 1 | $0 |
| DREW GRAY | DIRECTOR Trustee or director | 1 | $0 |
| TY CRAFT | DIRECTOR Trustee or director | 1 | $0 |
| LYNDSAY SNYDER | DIRECTOR Trustee or director | 1 | $0 |
| JON WILLEY | DIRECTOR Trustee or director | 1 | $0 |
| ALEX GRASSANO | DIRECTOR Trustee or director | 1 | $0 |
| OSCAR ARMENDARIZ | DIRECTOR Trustee or director | 1 | $0 |
| GREG BROWND | DIRECTOR Trustee or director | 1 | $0 |
| ASHLEY SETTLE | DIRECTOR Trustee or director | 1 | $0 |
| IAN VAN REENEN | DIRECTOR Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACY CAIN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUZANNE COMER | EXECUTIVE DIRECTOR Officer | 37.5 | $81,462 | $25,889 |
| ALBERT GILLESPIE | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| LYNDSAY SNYDER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JASON CANTU | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TANNER NOBLE | PAST PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| MONT MCCLENDON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DREW GRAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TY CRAFT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEANNA BRANDT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WENDELL BURRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MILES SEYBERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JON WILLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALEX GRASSANO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| OSCAR ARMENDARIZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG BROWND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GLORIA QUINTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4227 85TH ST, LUBBOCK, TX 79423-1931
- Principal officer (990 for 2024)
- SUZANNE COMER, 4227 85TH STREET, LUBBOCK, TX 794231931
- Signed the 990
- SUZANNE COMER, EXECUTIVE DIRECTOR
- Phone
- (806) 794-2037
- Website
- WWW.LAAMEMBERS.COM
- Return prepared by
- BOLINGER SEGARS GILBERT AND MOSS LLP
Mission
TO EDUCATE, ADVOCATE, CULTIVATE RELATIONSHIPS AND PROVIDE RESOURCES TO STRENGTHEN OUR RENTAL HOUSING INDUSTRY.
Program accomplishments
- THE ASSOCIATION PROVIDES BENEFITS INCLUDING EDUCATION, MARKET AND INDUSTRY SURVEYS AND PUBLICATIONS. DURING THE YEAR ENDED, THE ASSOCIATION HAD OVER 520 MEMBERS REPRESENTING OVER 34,600 RENTAL UNITS IN LUBBOCK AND THE SOUTH PLAINS.
- ONLINE AND EMAIL PUBLICATIONS ARE DISTRIBUTED TO MEMBERS AND NON-MEMBERS TO AID AND UPDATE APARTMENT OWNERS AND MANAGERS IN THE LUBBOCK AREA. THE ASSOCIATION SUPPORTS A LISTING WEBSITE WITH AN ONLINE APARTMENT GUIDE FOR THE LUBBOCK AREA.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-1371114
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $626,077
- Income (IRS master file)
- $764,662
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $708,739 | $799,560 | $626,077 | XML |
| 990 | December 2023 | $737,928 | $809,683 | $681,486 | XML |
| 990 | December 2022 | $795,920 | $719,513 | $770,318 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | January 2021 | – | – | – | IRS |
| 990 | January 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-1371114).
Questions about LUBBOCK APARTMENT ASSOCIATION INC
- What is the EIN of LUBBOCK APARTMENT ASSOCIATION INC?
- The employer identification number (EIN) of LUBBOCK APARTMENT ASSOCIATION INC is 75-1371114.
- Is LUBBOCK APARTMENT ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
- Are donations to LUBBOCK APARTMENT ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LUBBOCK APARTMENT ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LUBBOCK APARTMENT ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LUBBOCK APARTMENT ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LUBBOCK APARTMENT ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names SUZANNE COMER.
- Who are the officers and directors of LUBBOCK APARTMENT ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $93,862 (SUZANNE COMER, EXECUTIVE DIRECTOR).
- How much revenue does LUBBOCK APARTMENT ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $708,739, expenses of $799,560 and total assets of $626,077 at year end.
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