2025-10-10T09:14:58-05:00 2024-12-31 742900215 MAXWELL LOCKE & RITTER LLP 401 CONGRESS AVENUE SUITE 2000 AUSTIN TX 787019682 990 2024-01-01 741546205 TEXAS APARTMENT ASSOCIATION INC TEXA 5124796252 1011 SAN JACINTO BOULEVARD 600 AUSTIN TX 787011951 CHRIS NEWTON CEO 5124796252 2025-10-08 1 1 SHANNON PETERSON P01281287 5123703200 2025-10-08 2024 2025-03-06 01:10:19Z CHRIS NEWTON 1011 SAN JACINTO BOULEVARD 600 AUSTIN TX 787011951 15161029 0 X WWW.TAA.ORG X 1963 TX PROVIDE EXCEPTIONAL ADVOCACY, EDUCATION AND COMMUNICATION FOR THE TEXAS RENTAL HOUSING INDUSTRY INCLUDING ALL TYPES OF RENTAL PROFESSIONALS. 15 15 15 215 22874 0 0 0 14302477 14951004 103821 131926 77000 78099 14483298 15161029 183255 319670 0 0 2930828 2831671 0 0 0 10869675 12134436 13983758 15285777 499540 -124748 10457259 12069174 6071283 7752682 4385976 4316492 X TO PROMOTE, FOSTER, SPONSOR, ADVERTISE AND DEVELOP THE RENTAL HOUSING INDUSTRY THROUGHOUT THE STATE OF TEXAS 0 0 LEASES, FORMS, AND PUBLICATIONS - THE ASSOCIATION SELLS LEASING FORMS AND SOFTWARE LEASING PROGRAMS TO ITS MEMBERS TO PROVIDE CONSISTENCY IN CONTENT AND FORMAT, COMPLY WITH TEXAS STATUTES AND RULES, AND ENHANCE OPERATIONAL EFFICIENCY. THE ASSOCIATION ALSO OFFERS REDBOOK ONLINE, WHICH SIMPLIFIES THE TEXAS PROPERTY CODE AND THOSE STATUTES WHICH RELATE TO THE INDUSTRY. MEMBER SERVICES - THE ASSOCIATION PROVIDES A NUMBER OF SERVICES TO ASSIST ITS MEMBERS WITH THEIR DAILY OPERATIONS. THE ASSOCIATION SENDS QUARTERLY MAGAZINES AND HAS A MONTHLY E-NEWSLETTER FOR MEMBERS TO KEEP THEM INFORMED OF THE LATEST INDUSTRY NEWS. THE ASSOCIATION ALSO MAINTAINS A WEBSITE TO KEEP MEMBERS INFORMED OF DEVELOPING ISSUES. CONFERENCE AND TRADE SHOW - TAA ONE CONFERENCE & EXPO IS AN ANNUAL EVENT THAT TAKES PLACE EACH SPRING. EDUCATIONAL SESSIONS ARE AVAILABLE FOR MEMBERS AT ALL LEVELS OF THE RENTAL INDUSTRY. KEYNOTE SPEAKERS ALSO PROVIDE EDUCATION FOR THE MEMBERS. THE TRADE SHOW PROVIDES MEMBERS AND VENDORS AN OPPORTUNITY TO DISCUSS PRODUCTS AND SERVICES AVAILABLE IN THE INDUSTRY. LEGISLATIVE - THE ASSOCIATION IS RESPONSIBLE FOR REPRESENTING THE RENTAL HOUSING INDUSTRY BEFORE THE TEXAS LEGISLATURE AND STATE REGULATORY AGENCIES. THE ASSOCIATION ALSO MONITORS CURRENT LEGISLATION AND COMMUNICATES TO ITS MEMBERS ANY ISSUES WHICH MAY AFFECT THE INDUSTRY.EDUCATION - THE ASSOCIATION HOSTS MANY EDUCATIONAL PROGRAMS FOR ITS MEMBERS. THESE PROGRAMS INCLUDE LEGAL AND LEASING SEMINARS, CONTINUING EDUCATION, AND CERTIFICATION PROGRAMS FOR ITS MEMBERS, AS WELL AS ONLINE AND OTHER ELECTRONIC TYPE DELIVERY PROGRAMS. 0 0 1 1 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 1 52 0 15 1 1 1 0 0 0 0 0 0 0 X 15 15 0 0 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X DANIELLE CORBELL 5124796252 1011 SAN JACINTO SUITE 600 AUSTIN TX 78701 HUGH COBB PAST PRESIDENT 1.00 X 0 0 0 CLAY HICKS PAST PRESIDENT 1.00 X 0 0 0 DEMETRIO JIMENEZ PAST PRESIDENT 1.00 X 0 0 0 KELLEY LISERIO PRESIDENT 1.00 X X 0 0 0 RENEE ZAHN PRESIDENT-ELECT 1.00 X X 0 0 0 MATT JONES SECRETARY 1.00 X X 0 0 0 MIKE RUST TREASURER 1.00 X X 0 0 0 PATTY UTLEY VICE PRESIDENT AT LARGE 1.00 X 0 0 0 KATYA WATSON VICE PRESIDENT AT LARGE 1.00 X 0 0 0 TANNER NOBLE VICE PRESIDENT AT LARGE 1.00 X 0 0 0 LORI BUSH VICE PRESIDENT AT LARGE 1.00 X 0 0 0 CHRISTY RODRIGUEZ VICE PRESIDENT AT LARGE 1.00 X 0 0 0 CAYCE COON VICE PRESIDENT AT LARGE 1.00 X 0 0 0 IAN MATTINGLY VICE PRESIDENT AT LARGE 1.00 X 0 0 0 DANNY PEREA VICE PRESIDENT AT LARGE 1.00 X 0 0 0 CHRIS NEWTON CEO 40.00 X 626800 0 50298 DANIELLE CORBELL CHIEF FINANCIAL OFFICER 40.00 X 168340 0 31849 SANDY HOY GENERAL COUNSEL 40.00 X 269976 0 50558 GLENDA HOLMES VP MEMBER SERVICES 40.00 X 200888 0 34383 REGINA HOWELL DIRECTOR OF FINANCE 40.00 X 116685 0 14712 KYLE JACKSON VP GOVERNMENT AFFAIRS 40.00 X 173544 0 18762 SARAH CHEZBRO VP MARKETING 40.00 X 170295 0 26481 CLAIRE MASSEY VP OF CONFERENCE 40.00 X 189110 0 19549 MICHAEL MCCORMACK VP OF TECHNOLOGY 40.00 X 132437 0 25751 2048075 0 272343 12 0 1 0 BLUE MOON SOFTWARE 500 W 16TH STREET SUITE 100 AUSTIN TX 78701 CLICK & LEASE SOFTWARE AND MANAGEMENT 3480899 RED VELVET EVENTS INC 712 N LAMAR BLVD AUSTIN TX 78752 EVENT SERVICES 1333448 FREEMAN PO BOX 734596 DALLAS TX 75373 EVENT A/V AND SERVICES 504511 THE RK CULINARY GROUP PO BOX 1361 SAN ANTONIO TX 782951361 CONFERENCE FOOD & BEVERAGE SERVICES 401466 GRAND HYATT SAN ANTONIO 600 E MARKET STREET SAN ANTONIO TX 78205 HOTEL & EVENT SPACE 263230 10 LEASES, FORMS, AND PUBLICATIONS 813910 10386110 10386110 CONFERENCES 611430 2947710 2947710 MEMBERSHIP DUES 813910 1360029 1360029 EDUCATION SEMINARS 611430 131655 131655 SPONSORSHIP INCOME 611430 125500 125500 14951004 131926 131926 56123 10000 46123 CAREER CENTER INCOME 611710 12874 12874 INSURANCE PROCEEDS 900099 9102 9102 21976 15161029 14960106 22874 178049 319670 1433092 1151520 59349 40198 147512 103546 72180 80193 9070 9963 164039 213286 148964 137951 302624 3314673 136815 47512 FORMS AND HANDBOOKS 7130133 DUES AND SUBSCRIPTIONS 78774 MISCELLANEOUS 72868 MEMBER RECOGNITION 69503 42342 15285777 1101202 1948577 770732 711802 249707 280139 0 656 3964996 4545107 2308401 1019008 1327303 1289393 2494648 2731644 8027 7026 353842 415972 186802 138858 10457259 12069174 554666 652245 5440615 6959395 76002 141042 6071283 7752682 X 4385976 4316492 4385976 4316492 10457259 12069174 -124748 55264 0 X X 0 1 X 1 0 0 0 36577 36577 0 0 0 0 1360029 209416 209416 272006 -62590 PART I-A, LINE 1: THE TEXAS APARTMENT ASSOCIATION INCURS LOBBYING AND POLITICAL ACTIVITY EXPENSES THROUGH MEMBERSHIP DUES PAID TO ORGANIZATIONS AND CERTAIN STAFF SALARIES ARE ALLOCATED TO LOBBYING FOR THEIR LOBBYING ACTIVITIES. ADDITIONAL EXPENSES ARE PAID ON BEHALF OF THE TEXAS APARTMENT ASSOCIATION POLITICAL ACTION COMMITTEE, A SEPARATE ORGANIZATION, FOR ADMINISTRATIVE EXPENSES. 500000 500000 995811 672925 322886 565759 135439 430320 246831 210644 36187 1289393 OPERATING LEASE LIABILITY 74514 DUE TO AFFILIATES 66528 141042 1 TAA EDUCATION FOUNDATION 1011 SAN JACINTO BLVD STE 600 AUSTIN TX 78701 743021477 501(C)(3) 319670 0 GENERAL SUPPORT 1 X 1 1 X X X 0 0 0 CHRIS NEWTON CEO 521800 0 105000 0 0 0 20700 0 29598 0 677098 0 0 0 SANDY HOY GENERAL COUNSEL 243976 0 26000 0 0 0 17160 0 33398 0 320534 0 0 0 GLENDA HOLMES VP MEMBER SERVICES 181180 0 19708 0 0 0 12625 0 21758 0 235271 0 0 0 CLAIRE MASSEY VP OF CONFERENCE 164360 0 24750 0 0 0 10560 0 8989 0 208659 0 0 0 DANIELLE CORBELL CHIEF FINANCIAL OFFICER 152220 0 16120 0 0 0 10639 0 21210 0 200189 0 0 0 SARAH CHEZBRO VP MARKETING 147582 0 22713 0 0 0 10448 0 16033 0 196776 0 0 0 KYLE JACKSON VP GOVERNMENT AFFAIRS 157767 0 15777 0 0 0 10413 0 8349 0 192306 0 0 0 MICHAEL MCCORMACK VP OF TECHNOLOGY 119957 0 12480 0 0 0 8237 0 17514 0 158188 0 0 0 CHRIS NEWTON CEO PERSONAL X 656 656 0 0 0 656 PART II LINE 1 DURING 2024, CHRIS NEWTON INADVERTENTLY USED THE ORGANIZATION'S AMERICAN EXPRESS CARD FOR A PERSONAL CHARGE, RESULTING IN A RECEIVABLE FROM MR. NEWTON TOTALING $656.23 AT DECEMBER 31, 2024. MR. NEWTON SUBSEQUENTLY REIMBURSED THE ORGANIZATION IN FULL, AND THE OUTSTANDING BALANCE WAS REDUCED TO ZERO AS OF AUGUST 26, 2025. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS ESTABLISHED AN EXECUTIVE COMMITTEE TO MANAGE THE AFFAIRS OF THE ORGANIZATION BETWEEN MEETINGS OF THE FULL BOARD. THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE BOARD WITHIN LIMITS SET BY THE BYLAWS; HOWEVER, CERTAIN POWERS SUCH AS AMENDING BYLAWS, APPROVING MEMBERSHIP DUES CHANGES, ENDORSING STATEWIDE CANDIDATES, APPROVING THE STRATEGIC PLAN, OR AUTHORIZING SIGNIFICANT FINANCIAL COMMITMENTS REMAIN RESERVED TO THE FULL BOARD. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION'S BYLAWS WERE UPDATED TO CLARIFY GOVERNANCE RESPONSIBILITY TO TAA'S EXECUTIVE COMMITEE INSTEAD OF TAA'S FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHICH CAN BE ANY PERSON, FIRM, OR CORPORATION THAT IS A MEMBER IN GOOD STANDING OF ANY AFFILIATED LOCAL ASSOCIATIONS OR ARE ANY ORGANIZED GROUP OF MULTIHOUSING OWNERS AND OPERATORS IN THE STATE OF TEXAS, WORKING FOR THE SAME PURPOSES AND OBJECTIVES AS TAA. OWNER OCCUPIED HOMEOWNERS ORGANIZATIONS ARE EXCLUDED FROM BEING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH LOCAL ASSOCIATION IS ENTITLED TO APPOINT AT LEAST TWO VOTING DIRECTORS, DEPENDING ON THE NUMBER OF MEMBERS IN THE LOCAL ASSOCIATION. IN ADDITION, EACH LOCAL ASSOCIATION IS ENTITLED TO A NUMBER OF ALTERNATE DIRECTORS, WHICH IS DEPENDENT ON THE NUMBER OF VOTING DIRECTORS ALLOWED. ALTERNATE DIRECTORS MAY REPRESENT ANY OF THE VOTING DIRECTORS AT A MEETING WHERE THE VOTING DIRECTOR IS NOT PRESENT. OFFICERS ARE ELECTED BY MAJORITY VOTE OF THE BOARD MEMBERS PRESENT AT BOARD MEETINGS. THE BOARD OF DIRECTORS ALSO ELECTS THE EXECUTIVE COMMITTEE. GOVERNANCE DECISIONS OF THE ORGANIZATION ARE RESERVED TO THE BOARD OF DIRECTORS. THE TAA BOARD OF DIRECTORS HAS GENERAL SUPERVISORY AUTHORITY OVER THE ORGANIZATION. THE BOARD OF DIRECTORS HAS THE EXCLUSIVE AUTHORITY TO AMEND BYLAWS, APPROVE NOMINATIONS, ALTER MEMBERSHIP DUES AND APPROVE THE ORGANIZATION'S STRATEGIC PLAN AMONG OTHER DUTIES. THE BOARD OF DIRECTORS HAS DELEGATED AUTHORITY TO THE EXECUTIVE COMMITTEE TO MANAGE THE ASSOCIATION IN ALL AFFAIRS SAVE FOR THOSE GOVERNANCE DUTIES EXPLICITLY RESERVED FOR THE BOARD OF DIRECTORS IN THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS FIRST REVIEWED BY THE BUDGET AND FINANCE COMMITTEE WITH OUR EXTERNAL CPA FIRM. THE BUDGET AND FINANCE COMMITTEE THEN PRESENT FOR REVIEW AND RECOMMEND APPROVAL TO THE EXECUTIVE COMMITTEE, WHICH HAS THE FINAL VOTE TO APPROVE THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PROVIDED AT THE START OF THE FISCAL YEAR TO ALL TAA BOARD MEMBERS. THE POLICY IS SELF POLICING UNLESS TAA IS MADE AWARE OR BECOMES AWARE OF A POTENTIAL CONFLICT OF INTEREST WHERE THERE IS A VIOLATION OF THE ORGANIZATION'S CODE OF ETHICS. DISCIPLINARY ACTION IS DELEGATED TO AND THE EXCLUSIVE RESPONSIBILITY OF THE APPROPRIATE LOCAL ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION FOR THE EXECUTIVE VICE PRESIDENT IN A CLOSED MEETING. THE ORGANIZATION'S 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 INDEPENDENT EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS, WHICH INCLUDES CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY WRITTEN OR ORAL REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S OVERSIGHT PROCESS AND ITS PROCESS FOR SELECTION OF AN INDEPENDENT ACCOUNTANT DID NOT CHANGE DURING THE TAX YEAR. TAA CLICK & LEASE LLC 1999 BRYAN STREET SUITE 900 AUSTIN TX 75201 843101657 PROVIDE AND ADMINISTER LEASING FORMS. TX 10256655 5858323 TEXAS APARTMENT ASSOCIATION TEXAS APARTMENT ASSOCIATION EDUCATION FOUNDATION 1011 SAN JACINTO BLVD STE 600 AUSTIN TX 78701 743021477 EDUCATION TX 501(C)(3) LINE 10 TEXAS APARTMENT ASSOCIATION 1 TEXAS APARTMENT ASSOCIATION PAC 1011 SAN JACINTO BLVD STE 600 AUSTIN TX 78701 742424192 INDIVIDUAL POLITICAL CONTRIBUTIONS TX 527 TEXAS APARTMENT ASSOCIATION 1 APT LEASE FORMS INC 1011 SAN JACINTO BLVD STE 600 AUSTIN TX 78701 742798766 COMPUTER LEASE FORMS TX TEXAS APARTMENT ASSOCIATION C -1001 7026 1.00000 1 TEXAS APARTMENT OWNERS ASSOCIATION INC 1011 SAN JACINTO BLVD STE 600 AUSTIN TX 78701 742299084 ASSOCIATION TX TEXAS APARTMENT ASSOCIATION C 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 TEXAS APARTMENT ASSOCIATION EDUCATION FOUNDATION B 319670 CASH TEXAS APARTMENT ASSOCIATION EDUCATION FOUNDATION Q 201798 CASH TEXAS APARTMENT ASSOCIATION EDUCATION FOUNDATION O 73863 FAIR MARKET VALUE