2019-07-09T13:41:27-05:00 2018-12-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2018-01-01 530191129 NATIONAL APARTMENT ASSOCIATION NATI 7035186141 4300 WILSON BOULEVARD NO 800 ARLINGTON VA 22203 KEVIN MADDEN CHIEF OPERATING OFFICER 7035186141 2019-07-09 1 FRANK H SMITH P00639053 2022274000 2019-07-09 47.19.127.190 2019-07-09 13:41:23 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D0A660CE6712EE0CCB975CEA23282D1665B78CA0 2018 2019-02-21 02:37:17Z ROBERT PINNEGAR CAE 4300 WILSON BOULEVARD NO 800 ARLINGTON VA 22203 40413960 0 X WWW.NAAHQ.ORG X 1939 VA TO BETTER SERVE THE RENTAL HOUSING NEEDS OF THE PUBLIC. 38 38 105 550 2963289 10696 0 0 29441816 30448210 537556 463926 2898825 3281645 32878197 34193781 216000 205500 0 0 9222535 10452039 0 0 0 22004367 23773531 31442902 34431070 1435295 -237289 26566126 33307806 15513442 23749359 11052684 9558447 THE NATIONAL APARTMENT ASSOCIATION (NAA) SERVES THE INTERESTS OF MULTIFAMILY HOUSING OWNERS, MANAGERS, DEVELOPERS AND SUPPLIERS, AND PROMOTES A HIGH LEVEL OF PROFESSIONALISM IN MULTIFAMILY INDUSTRY TO BETTER SERVE THE RENTAL HOUSING NEEDS OF THE PUBLIC. 0 0 NATIONAL LEASE PROGRAM - THE NAA CLICK & LEASE IS A WEB-BASED LEASING PROGRAM. THIS LEASING PROGRAM ALLOWS AN APARTMENT COMMUNITY TO SAVE TIME AND MONEY BY SPEEDING UP THE PREPARATION AND PRINTING OF LEGAL DOCUMENTS. IN ADDITION TO PROVIDING GREATER EFFICIENCY TO THE ONSITE LEASING PROCESS, PROSPECTIVE RESIDENTS MAY FILL OUT A RENTAL APPLICATION ONLINE AND PROPERTY MANAGERS MAY AUDIT AND EDIT ENTIRE PORTFOLIOS OF LEASES WITH A FEW MOUSE CLICKS. MEETINGS AND EXPOSITIONS - INTERACTION WITH NATIONAL MEMBERSHIP THROUGH INDUSTRY MEETINGS, AS WELL AS VISITS TO STATE AND LOCAL AFFILIATES. GOVERNMENT AFFAIRS - NAA PARTNERS WITH NATIONAL MULTIFAMILY HOUSING COUNCIL (NMHC) TO ADVOCATE FOR A SUPPORTIVE LEGISLATIVE AND REGULATORY CLIMATE TO PROTECT BUSINESSES. AT THE STATE AND LOCAL LEVELS, NAA ANALYZES LEGISLATION, CONDUCTS RESEARCH, AND PROVIDES RESOURCES TO HELP BUILD MEMBERS' STRENGTH AND INFLUENCE. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 54 0 1 105 1 1 1 0 0 0 0 0 0 0 X 38 38 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 VA X X KEVIN MADDEN 7037970604 4300 WILSON BOULEVARD NO 800 ARLINGTON VA 22203 JEFFERY LOWRY CAPS CHAIRMAN 7.50 X X 0 0 0 MIKE CLOW CPM CHAIRMAN ELECT 7.50 5.00 X X 0 0 0 MIKE HOLMES VICE CHAIR 7.50 7.50 X X 0 0 0 RICK GRAF CPM TREASURER 7.50 5.00 X X 0 0 0 DON BRUNNER SECRETARY 7.50 X X 0 0 0 CINDY CLARE CPM IMMEDIATE PAST CHAIR 7.50 X 0 0 0 MARC M ROSS SECOND PAST CHAIR 7.50 X 0 0 0 PAT HUTCHINSON BOARD MEMBER-AT-LARGE 5.00 X 0 0 0 ALAN KING BOARD MEMBER-AT-LARGE 5.00 X 0 0 0 JERRY DAVIS BOARD MEMBER-AT-LARGE 5.00 X 0 0 0 TOM SLOAN BOARD MEMBER-AT-LARGE 5.00 X 0 0 0 CURT KNABE REGION X VICE PRESIDENT 5.00 X 0 0 0 JAY PARMELEE REGION VI VICE PRESIDENT 5.00 X 0 0 0 LYNN BORA REGION II VICE PRESIDENT 5.00 X 0 0 0 STACY WALTON REGION III VICE PRESIDENT 5.00 X 0 0 0 GREG CERBANA REGION VII VICE PRESIDENT 5.00 5.00 X 0 0 0 BRIAN CHASE REGION I VICE PRESIDENT 5.00 X 0 0 0 MICHAEL CLARK REGION VI VICE PRESIDENT 5.00 X 0 0 0 VICTORIA COWART REGION IV VICE PRESIDENT 5.00 X 0 0 0 JEANETTE COX REGION V VICE PRESIDENT 5.00 X 0 0 0 JUDD FEINMAN REGION II VICE PRESIDENT 5.00 X 0 0 0 PETER HARRADINE REGION VIII VICE PRESIDENT 5.00 X 0 0 0 SUSAN PASSMORE REGION IV VICE PRESIDENT 5.00 X 0 0 0 KELLIE ELENA JACKSON CAM CPM REGION IX VICE PRESIDENT 5.00 X 0 0 0 PATTIE WOODS REGION IV VICE PRESIDENT 5.00 X 0 0 0 DIANA PITTRO ARM REGION III VICE PRESIDENT 5.00 5.00 X 0 0 0 RONDA PURYEAR CAM REGION I VICE PRESIDENT 5.00 X 0 0 0 BONNIE SMETZER REGION IX VICE PRESIDENT 5.00 X 0 0 0 AMY SMITH MONTOYA REGION VII VICE PRESIDENT 5.00 X 0 0 0 RICHARD A SNYDER CPM REGION X VICE PRESIDENT 5.00 X 0 0 0 MARIA STANTON REGION III VICE PRESIDENT 5.00 X 0 0 0 ROCKY SUNDLING REGION VIII VICE PRESIDENT 5.00 X 0 0 0 BETH VAN WINKLE REGION VI VICE PRESIDENT 5.00 X 0 0 0 GUNTRAM WEISSENBERGER REGION I VICE PRESIDENT 5.00 X 0 0 0 CHRISTOPHER BURNS REGION IV VICE PRESIDENT 5.00 X 0 0 0 GARY W WILSON CAM REGION V VICE PRESIDENT 5.00 X 0 0 0 JEROLD WINOGRAD REGION VI VICE PRESIDENT 5.00 X 0 0 0 LESLIE YEILDING REGION IX VICE PRESIDENT 5.00 X 0 0 0 JEFF SMEDLEY NSC CHAIR 5.00 5.00 X 0 0 0 LAURA NELSON AEC PRESIDENT 5.00 5.00 X 0 0 0 ROBERT PINNEGAR CAE PRESIDENT & CEO 37.50 12.50 X 481578 0 45945 KEVIN MADDEN CPA CAE COO/CFO 37.50 5.00 X 317842 0 16815 GREGORY BROWN SR VP OF GOVERNMENT AFFAIRS 37.50 X 323750 0 46624 REBECCA SULLIVAN SR VP OF MARKETING & COMMUNICATIONS 37.50 X 210246 0 34731 MICHAEL FLYNN FORMER CHIEF INFORMATION OFFICER 37.50 X 208363 0 41017 AMY GROFF SR VP OF INDUSTRY OPERATIONS 37.50 X 150742 0 28916 SCOT HAISLIP VP OF LEASE 37.50 X 223296 0 22644 PETER GAVIORNO SR VP OF BUSINESS DEVELOPMENT 37.50 X 191621 0 44148 ELIZABETH AMBACHER VP OF MEETINGS & EXPOSITIONS 37.50 X 165986 0 21634 KEVIN WATKINS SR VP OF MEMBER & AFFILIATE SERVICES 37.50 X 164014 0 20543 PAULA MUNGER DIRECTOR OF INDUSTRY RESEARCH 37.50 X 153462 0 27092 2590900 0 350109 34 0 1 0 PRODUCTION RESOURCE GROUP 539 TEMPLE HILL ROAD NEW WINDSOR NY 12553 AUDIOVISUAL SERVICE 1537866 KELLY & ASSOCIATES INSURANCE GROUP 1 KELLY WAY SPARKS MD 21152 BENEFITS ADMINISTRATION 1275261 BOGNET CONSTRUCTION 8224 OLD COURTHOUSE ROAD VIENNA VA 22182 OFFICE SPACE CONSTRUCTION 1202581 RESTAURANT EVENTS INC 2907 SHELTER ISLAND DRIVE 105 SAN DIEGO CA 92106 SPECIAL EVENT PLANNING AND COSTS 695823 CENTERPLATE 111 WEST HARBOR DRIVE SAN DIEGO CA 92101 CONVENTION CENTER EVENT SERVICES 622368 31 LEASE PROGRAM FEES 900099 11293585 11293585 MEETINGS & EXPOSITION 541800 11044862 6175706 39446 4829710 MEMBERSHIP DUES 900099 5098837 5098837 SPONSORSHIPS 900099 1508750 1508750 OTHER PROGRAMS 900099 1406796 1406796 95380 95380 30448210 501282 501282 6182823 6220179 -37356 -37356 -37356 ADVERTISING 900004 2923843 2923843 MISCELLANEOUS 900099 243707 243707 SUBLEASE INCOME 900099 81021 81021 33074 33074 3281645 34193781 24070304 2963289 7160188 205000 500 1906569 6606298 274040 1122569 542563 443829 39978 49093 82608 2507799 1440737 1508461 99305 869517 1480278 5654505 335063 148068 LICENSING FEES 6108947 NMHC FEE 950000 PRINTING/PUBLICATIONS 602634 OTHER ACTIVITIES 295994 1156715 34431070 1660358 823574 1352335 277874 2183294 2049103 1203 1203 3102419 3382771 1964797 1144781 735559 820016 6924586 4323852 10183926 12665421 422446 8963992 26566126 33307806 3309938 4465267 400000 200000 10327785 9834776 1475719 9249316 15513442 23749359 X 11052684 9558447 11052684 9558447 26566126 33307806 -237289 -1256948 0 X 0 1 X 1 0 0 0 1 5098837 950000 -598458 351542 1070756 -719214 320084 209106 110978 1644713 935675 709038 820016 EQUITY INVESTMENT IN MULTI-FAMILY BOOK PROJECT, INC. 39545 F CORPORATE EQUITIES 8349323 F MUTUAL FUNDS 4276553 F 12665421 DUE FROM AFFILIATES 91929 DEPOSITS 56198 RIGHT OF USE ASSET 8815865 8963992 DEFERRED COMPENSATION LIABILITY 103532 DUE TO AFFILIATES 596 FUTURE LEASE OBLIGATION 9145188 9249316 X PART X, LINE 2: THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2018, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. 1 NATIONAL APARTMENT ASSOCIATION EDUCATION INSTITUTE 4300 WILSON BOULEVARD SUITE 400 ARLINGTON VA 22203 521508111 501(C)(3) 200000 0 FOUNDATION SUPPORT 1 0 PART I, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2018, NAA PROVIDED $200,000 TO NATIONAL APARTMENT ASSOCIATION EDUCATION INSTITUTE (NAAEI) FOR FOUNDATION SUPPORT. THERE WAS NO SELECTION CRITERIA WHEN DETERMINING HOW MUCH SUPPORT TO PROVIDE AND THERE WAS NO PROCESS IN PLACE WHEN IT CAME TO MONITORING THE USE OF THE GRANT FUNDS. X X X X 1 1 0 ROBERT PINNEGAR CAE PRESIDENT & CEO 374378 0 100000 0 7200 0 32250 0 13695 0 527523 0 0 0 KEVIN MADDEN CPA CAE COO/CFO 269742 0 48100 0 0 0 13750 0 3065 0 334657 0 0 0 GREGORY BROWN SR VP OF GOVERNMENT AFFAIRS 270950 0 52800 0 0 0 13750 0 32874 0 370374 0 0 0 REBECCA SULLIVAN SR VP OF MARKETING & COMMUNICATIONS 178146 0 32100 0 0 0 9637 0 25094 0 244977 0 0 0 MICHAEL FLYNN FORMER CHIEF INFORMATION OFFICER 138293 0 19100 0 50970 0 8013 0 33004 0 249380 0 0 0 AMY GROFF SR VP OF INDUSTRY OPERATIONS 150742 0 0 0 0 0 7000 0 21916 0 179658 0 0 0 SCOT HAISLIP VP OF LEASE 198696 0 24600 0 0 0 10488 0 12156 0 245940 0 0 0 PETER GAVIORNO SR VP OF BUSINESS DEVELOPMENT 180121 0 11500 0 0 0 10604 0 33544 0 235769 0 0 0 ELIZABETH AMBACHER VP OF MEETINGS & EXPOSITIONS 147386 0 18600 0 0 0 8011 0 13623 0 187620 0 0 0 KEVIN WATKINS SR VP OF MEMBER & AFFILIATE SERVICES 157714 0 6300 0 0 0 8375 0 12168 0 184557 0 0 0 PAULA MUNGER DIRECTOR OF INDUSTRY RESEARCH 137562 0 15900 0 0 0 8175 0 18917 0 180554 0 0 0 PART I, LINES 4A-B NAA'S CURRENT PRESIDENT & CEO, ROBERT PINNEGAR, PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN (457(F)). DURING 2018, HE WAS COMPENSATED $18,500 FROM THE PLAN. MICHAEL FLYNN, WHO SERVED AS CHIEF INFORMATION OFFICER UNTIL DECEMBER 31, 2018 RECEIVED $50,970 IN SEVERANCE DURING THE YEAR ENDING DECEMBER 31, 2018. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE FOUR CATEGORIES OF MEMBERSHIP: INDUSTRY MEMBERS INCLUDE OWNERS, DEVELOPERS AND PROPERTY MANAGERS. THESE MEMBERS ARE VOTING MEMBERS OF THEIR LOCAL AFFILIATE AND CAN BECOME DELEGATES TO THE NATIONAL ASSEMBLY OF DELEGATES. DIRECT MEMBERS ALSO INCLUDE OWNERS, DEVELOPERS AND PROPERTY MANAGERS WHO DO BUSINESS IN AN AREA OF THE COUNTRY NOT COVERED BY AN AFFILIATE ORGANIZATION. THESE MEMBERS CANNOT BE DELEGATES TO THE NATIONAL ASSEMBLY OF DELEGATES. ASSOCIATE MEMBERS ARE SUPPLIERS. THESE MEMBERS CANNOT BE DELEGATES TO THE NATIONAL ASSEMBLY OF DELEGATES. OWNER MEMBERS PAY DUES ON FORMULA BASED UPON THE NUMBER OF APARTMENT UNITS OWNED OR MANAGED. FORM 990, PART VI, SECTION A, LINE 7A THE AFFILIATED LOCAL AND STATE ASSOCIATIONS OF NAA ARE DIVIDED INTO REGIONS. THE REGIONS MAY BE CHANGED TO FIT CHANGING PATTERNS OF MEMBERSHIP. EACH REGION ELECTS THE REGIONAL VICE PRESIDENT, WHO WILL BE A VOTING MEMBER OF THE BOARD OF DIRECTORS. THE ASSEMBLY OF DELEGATES ARE MEMBERS OR STAFF OF AFFILIATED ASSOCIATIONS IN GOOD STANDING. THE ASSEMBLY OF DELEGATES ELECT THE OFFICERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B BYLAW CHANGES, REGIONAL REPRESENTATION, AND BUDGETS ARE ALL SUBJECT TO APPROVAL BY THE NATIONAL ASSEMBLY OF DELEGATES. FORM 990, PART VI, SECTION B, LINE 11B NAA HIRES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990. UPON SUBMISSION, THE DRAFT FEDERAL FORM 990 IS REVIEWED BY THE PRESIDENT & CEO AND THE CHIEF OPERATING OFFICER. THE DRAFT FEDERAL FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE OF NAA PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C NAA HAS A CONFLICT OF INTEREST POLICY WHICH IS GIVEN AND SIGNED WHEN AN EMPLOYEE IS HIRED AND THEN ON AN ANNUAL BASIS THIS IS DISTRIBUTED TO ALL STAFF FOR THEIR SIGNATURES. CONFLICTS OF INTEREST MAY OCCUR WHEN NAA ENTERS INTO TRANSACTIONS WITH EITHER NONPROFIT ORGANIZATIONS OR FOR-PROFIT ENTERPRISES. TO AVOID ACTUAL, POTENTIAL, OR EVEN THE APPEARANCE OF, CONFLICTS OF INTERESTS, PERSONS SUBJECT TO THE POLICY SHOULD DISCLOSE ANY CONNECTION OR RELATIONSHIP WITH ORGANIZATIONS OR ENTERPRISES DOING BUSINESS WITH NAA AND REFRAIN FROM PARTICIPATING IN DECISIONS AFFECTING TRANSACTIONS BETWEEN NAA AND THE OTHER ORGANIZATION OR ENTERPRISE. THE MERE EXISTENCE OF A CONNECTION OR RELATIONSHIP SHALL NOT PREVENT A TRANSACTION FROM TAKING PLACE, HOWEVER, SO LONG AS: (I) THE RELATIONSHIP IS DISCLOSED; (II) DISINTERESTED INDIVIDUALS MAKE THE NECESSARY DECISIONS; AND (III) THE TERMS OF THE TRANSACTION ARE FAIR AND REASONABLY COMPARABLE TO THOSE AVAILABLE IN OTHER COMMERCIAL TRANSACTIONS WHERE THE PARTIES ARE ENTIRELY INDEPENDENT OF ONE ANOTHER. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT IS DETERMINED BY MEMBERS OF THE EXECUTIVE COMMITTEE AT THE ANNUAL REVIEW. THE SALARY OF THE OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT AND THE COO UPON ANNUAL REVIEW. ANNUAL REVIEWS ARE SIGNED BY BOTH THE EMPLOYEE AND THE SUPERVISOR AND THEN RECOMMENDATION APPROVED BY THE COO AND THE PRESIDENT. AN OUTSIDE CONSULTANT REGULARLY REVIEWS COMPENSATION OF KEY STAFF WITH COMPARABLE EXTERNAL ASSOCIATIONS/POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 NAA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. NATIONAL APARTMENT ASSOCIATION EDUCATION INSTITUTE 4300 WILSON BOULEVARD SUITE 400 ARLINGTON VA 22202 521508111 TO PROVIDE BROAD-BASED EDUCATION TO DEVELOP THE APARTMENT INDUSTRY VA 501(C)(3) LINE 12A, I NATIONAL APARTMENT ASSOCIATION 1 NATIONAL APARTMENT ASSOCIATION POLITICAL ACTION COMMITTEE 4300 WILSON BOULEVARD SUITE 400 ARLINGTON VA 22202 900045653 TO FUND POLITICAL CAMPAIGNS VA 527 N/A NATIONAL APARTMENT ASSOCIATION 1 NAAEI CENTER FOR CREDENTIALING 4300 WILSON BOULEVARD SUITE 400 ARLINGTON VA 22202 800932350 CREDENTIALING ACTIVITIES VA 501(C)(6) N/A NATIONAL APARTMENT ASSOCIATION 1 MULTI FAMILY BOOK PROJECT LLC 4300 WILSON BOULEVARD SUITE 400 ARLINGTON VA 22202 464611290 BOOK PUBLISHERS VA NATIONAL APARTMENT ASSOCIATION RELATED 624 39545 0 1 0.50000 0 1 0 0 0 0 0 0 0 1 1 0 1 0 0 1 1 0 0 NATIONAL APARTMENT ASSOCIATION EDUCATION INSTITUTE B 200000 FMV NATIONAL APARTMENT ASSOCIATION EDUCATION INSTITUTE J 60000 FMV NATIONAL APARTMENT ASSOCIATION EDUCATION INSTITUTE P 1475933 FMV