2024-08-21T13:39:45-07:00 2023-12-31 461752277 Meredith CPAs PC 222 W Las Colinas Blvd Suite 1150E Irving TX 75039 990 2023-01-01 752868621 Apartment Life Inc APAR 8177265167 PO Box 1369 Bedford TX 76095 Sommer Clayman CFO 2024-08-21 true true Jared Weidner P01264182 2144921986 2023 2024-08-08 14:25:15Z PO Box 1369 Bedford TX 76095 31052845 false X www.apartmentlife.org X 2000 TX Apartment Life helps apartment owners care for residents by connecting them in relationships, which helps improve the community's financial performance through online reputation, resident satisfaction, and resident retention. Learn more at http://apartmentlife.org. 15 13 260 25000 0 21259036 22589336 5729213 8020036 85853 366795 -176492 76678 26897610 31052845 13855584 15804449 0 10591250 12084314 0 591518 1894508 2237403 26341342 30126166 556268 926679 7187942 7715807 3216591 2817777 3971351 4898030 Apartment communities are filled with people who are hungry for relationships, but one study suggests that half of apartment residents don't have any friends where they live. Apartment Life's passion is to meet that need while transforming lives and providing clear business value for our clients. Apartment Life is a faith-based, non-profit organization that has been serving the apartment industry since 2000. We believe every individual is created for community and that we are called to love our neighbor as ourselves. Our goal is to live this out while providing strong business value to apartment owners. As a faith-based organization, we are committed to Fair Housing guidelines to ensure that all residents are treated fairly, equally, and consistently. We perform our responsibilities and conduct our behavior based on a foundation of core values, which shape our culture, define our character, and guide how we make decisions. false false 28397488 30609372 Apartment Life connects and builds community based on the unique needs of the residents. The program is designed to help apartment owners care for residents, and in turn, improve the communitys financial presence through resident retention, resident satisfaction and online reputation. Whether it's offering a listening ear when a resident has a bad day or providing support during life transitions such as job loss or the birth of a baby, Apartment Life Coordinators are passionate about loving residents. They are also familiar with a broad network of community support providers and can partner with your onsite staff to provide residents the resources they need at just the right time. Apartment Life Coordinators work hard to welcome new residents and help them get plugged into the community by inviting them to events. There are 500,000 residents participating in the program in 2023. 28397488 true false false false false false false false false true true false true false true false true false false false false false false false false false false false true true false false false false false false false false true false false false false false false false false true 62 0 true 260 true false false false false false false false 0 false false false false false false false false false false X 15 13 false false false false false true false true true false false true true true true true true true false false TX X X X Sommer Clayman 8177265167 PO Box 1369 Bedford TX 76095 Pete Kelly CEO 40.00 0.00 X X 254506 0 0 Kelly Kimberlin Divisional Pres. 40.00 0.00 172139 0 0 Kelly Jones COO 40.00 0.00 X 168451 0 0 David Marshall Divisional Pres. 40.00 0.00 161264 0 0 Jaclyn Ratzlaff Divisional Pres. 40.00 0.00 159330 0 0 Kiley Sharp Divisional Pres. 40.00 0.00 156603 0 0 Randall Ginnan VP Ptnr Relations 40.00 0.00 152709 0 0 Ryan Williams CPO 40.00 0.00 X 129139 0 0 Stan Dobbs Founder 40.00 28.00 X 125000 0 0 Sommer Clayman CFO 40.00 0.00 X 103851 0 0 Keith Dunkin Director 0.00 0.00 X 0 0 0 Todd Farrell Director 0.00 0.00 X 0 0 0 David Moore Director 0.00 0.00 X 0 0 0 John Hinckley Director 0.00 0.00 X 0 0 0 Kirby Davis Director 0.00 0.00 X 0 0 0 Jerry Wilkinson Director 0.00 0.00 X 0 0 0 Michael Bippus Executive Dir. 0.00 0.00 X 0 0 0 Kendall Pretzner Director 0.00 0.00 X 0 0 0 Tom Bumpass Director 0.00 0.00 X 0 0 0 1582992 16 false true false 0 22589336 15804449 22589336 Client Fees 900099 8020036 8020036 8020036 191842 191842 0 0 0 174953 174953 174953 174953 0 0 0 Other Income 900099 76678 76678 76678 31052845 8463509 0 15804449 15804449 0 0 780947 780947 0 5820844 5155519 447631 217694 114585 95593 13145 5847 4622986 4211541 256857 154588 744952 677208 44117 23627 0 17450 8614 8836 33250 33250 0 0 0 169326 86630 82673 23 27680 13840 13840 664224 463052 11433 189739 331692 264976 66716 0 0 201731 181527 20204 0 0 0 0 3929 3929 51410 5972 45438 Client Development 281507 281507 Training 243863 154929 88934 Team Recruitment 189235 189235 Church Partner Development 14125 14125 7981 3895 4086 30126166 28397488 1137160 591518 5588765 4116496 0 0 1117181 780004 25440 258527 0 0 0 400909 337076 80935 80935 0 0 0 50000 2189490 3929 0 1718 34214 7187942 7715807 18075 20281 776635 76525 2421881 2720971 3216591 2817777 X 3953098 4882081 18253 15949 3971351 4898030 7187942 7715807 926679 X false true X true false X 15159010 17703095 12677002 13855584 15804449 75199140 0 0 15159010 17703095 12677002 13855584 15804449 75199140 0 75199140 4627 9453 47716 85853 181078 328727 0 0 75527867 0.99560 0.99790 X 1849772 705000 194232 2749004 1537346 500000 -187574 1849772 150000 1350000 37346 1537346 100000 50000 150000 100000 100000 1.00000 false false false 80935 80935 2189490 Accrued Payroll 1439555 Advanced Deposits 1281416 2720971 30956079 30956079 96766 96766 31052845 30112999 30112999 13167 13167 30126166 Part V, Line 4: Intended uses of the endowment fund. The Endowment Funds are to be used to support Apartment Life's mission of helping apartment owners build community and provide support to their residents. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Net unrealized gains $86263 Waymaker K-1 $-261 Interest Income $10764 true 0 0 Team Rent Subsidy 13276652 FMV Subsidized Apartment X true true X X X false false false false false false false true false David Marshall Divisional Pres. 161264 161264 Jaclyn Ratzlaff Divisional Pres. 159330 159330 Kelly Jones COO 168451 168451 Kelly Kimberlin Divisional Pres. 172139 172139 Kiley Sharp Divisional Pres. 156603 156603 Pete Kelly CEO 254506 254506 Randall Ginnan VP Ptnr Relations 152709 152709 Part I, Line 1a: Relevant information in regards to selections on 1a. Part I, Line 7: Non-Fixed payments not listed above A written annual bonus plan (ICOMP) exists for certain key employees. Each plan has specific targets relating to program growth, spiritual impact, net operating income vs budget, unrestricted cash levels and/or particular project goals which that employee is accountable for. Overall payments of ICOMP were less than 3% of total compensation in 2023. 15804449 false false false Form 990, Part VI, Section B, Line 11b The return will be reviewed by Sommer Clayman (CFO) and any questions will be addressed to the MeredithCPA's staff. Form 990, Part VI, Section B, Line 12c Board members are reminded of the conflict of interest policy and they are asked to notify if there is anything that might be regarded as a conflict of interest. Form 990, Part VI, Section B, Line 15a The compensation for top officials is approved by the board. Form 990, Part VI, Section C, Line 19 Governing documents are available upon written request.