APARTMENT ASSOCIATION OF SOUTHERN COLORADO INC Charity Report

Public IRS 990 nonprofit record

APARTMENT ASSOCIATION OF SOUTHERN COLORADO INC

EIN 84-0602058 · Professional Athletic Leagues (N80)

What they do

EDUCATE and ADVOCATE for THE RENTAL HOUSING INDUSTRY; AND, SERVE AS A LIASON WITH LOCAL, STATE, and NATIONAL ELECTED OFFICIALS and AGENCIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $55.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

47.33%of revenue went to mission work55.3% of expenses · Program services

8.00%of revenue went to fundraising9.3% of expenses

$106.30spent for every $100 of revenueSpending was higher than revenue this year.

30.30%of revenue went to management and office costs35.4% of expenses

$0.76in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $58,106 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $139,340 for LAURA NELSON (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$706,272

Mission workProgram services$334,31247.33% of revenue55.3% of expenses

ManagementOffice and general costs$213,98630.30% of revenue35.4% of expenses

FundraisingAsking for donations$56,4698.00% of revenue9.3% of expenses

Revenue left after expensesReported annual surplus$101,50514.37% of revenueShown in gray on the chart

Total expenses$604,76785.63% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2018CurrentExpense mix: 55.3% mission · 35.4% management · 9.3% fundraisingTotal expenses: 85.63% of revenue

2017Expense mix: 53.5% mission · 37.8% management · 8.6% fundraisingTotal expenses: 87.61% of revenue

Money in and money out

Revenue$921,648

Expenses$979,754

Annual shortfall $58,106 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$334,312 · 34.1% of expenses

Management and office costs$213,986 · 21.8% of expenses

Fundraising$56,469 · 5.8% of expenses

See all reported dollar amounts

Revenue$921,648

Expenses$979,754

Assets$744,513

Income$1,037,289

Mission work (program services)$334,312

Fundraising$56,469

Stocks and bonds$308,706

Accounting fees$21,150

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LAURA NELSONEXECUTIVE DI · 50 hrs/week $139,340Base $135,964 · Other $3,376

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

LAURA NELSONEXECUTIVE DI

KASSANDRA HAYNESWORTHSECRETARY TH

TONYA STOROVICHEDUCATION

TONI MOYESTREASURER TH

STEPHANIE RICHARDSONBOARD MEMBER

MICHAEL MALONEPRESIDENT

MATT PACHECOGOVERNMENT A

LARA CARTAGENAMEMBERSHIP

KEVIN MIESSEBOARD MEMBER

ASHLEY BICKIMERBOARD MEMBER

KAMILAHANCO MANCOBOARD MEMBER

JOSH WRENBOARD MEMBER

JONATHAN CARLSONLEGAL COUNCI

DIRK LAMBERTUTILITY REP.

DANA LOWRYORG. EXCELLE

CATHLEEN WELCHPAST PRESIDE

CARMEN AZZOPARDIPRESIDENT EL

BECKIE MELLENBOARD MEMBER

About this charity

Recognized since: January 1971
Location: 1365 GARDEN OF THE GODS RD STE 120, COLORADO SPGS, CO 80907-3488
County: El Paso
In care of: LAURA NELSON
Primary officer: LAURA NELSON, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(719) 264-9195

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: MCMILLEN & COMPANY PLLC
NTEE classification: Professional Athletic Leagues (N80)
IRS tax category: Professional Athletic Leagues