Form 990 for tax year 2022
Filed by AMERICAN PROPERTY OWNERS ALLIANCE.
Totals
- Total revenue
- $8,627,935
- Total expenses
- $6,393,145
- Contributions and grants received
- $8,612,000
- Grants paid
- $4,140,000
- Program service revenue
- $0
- Investment income
- $15,935
- Other revenue
- $0
- Total assets, end of year
- $4,147,715
- Total liabilities, end of year
- $32,085
- Net assets or fund balances, end of year
- $4,115,630
- Program services expenses (Part IX)
- $6,298,801
- Management and general expenses
- $94,344
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $6,298,801
Program services were 98.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$8,612,000
-
3 · Investment income
total $15,935 · excluded $15,935
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,140,000 · program services $4,140,000
-
5 · Compensation of officers, directors and key employees
total $91,408 · program services $45,704 · management and general $45,704
-
7 · Other salaries and wages
total $3,845 · program services $1,923 · management and general $1,922
-
8 · Pension plan contributions
total $8,108 · program services $4,054 · management and general $4,054
-
9 · Other employee benefits
total $7,248 · program services $3,624 · management and general $3,624
-
10 · Payroll taxes
total $7,526 · program services $3,763 · management and general $3,763
-
11b · Fees: legal
total $6,504 · management and general $6,504
-
11g · Fees: other
total $930,416 · program services $920,546 · management and general $9,870
-
13 · Office expenses
total $4,365 · management and general $4,365
-
14 · Information technology
total $42,452 · program services $39,500 · management and general $2,952
-
17 · Travel
total $11,586 · management and general $11,586
-
22 · Depreciation, depletion and amortization
total $68,595 · program services $68,595
-
24a · Other expenses: PUBLIC AWARENESS
total $1,071,092 · program services $1,071,092
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,821,111 · end of year $4,120,140
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $33,000 · end of year $27,575
-
10a · Land, buildings and equipment: cost or other basis
$182,920
-
10b · Land, buildings and equipment: accumulated depreciation
$182,920
-
10c · Land, buildings and equipment, net
beginning of year $68,595 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $41,866 · end of year $32,085
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $1,880,840 · end of year $4,115,630
Mission and programs · 2022
Mission
IN UNCERTAIN TIMES, OUR HOMES, LAND, AND PROPERTIES ARE AN ESSENTIAL SOURCE OF REFUGE AND STABILITY. PROPERTY OWNERSHIP REPRESENTS AN INVESTMENT NOT JUST IN OURSELVES, BUT IN OUR COMMUNITIES. THE AMERICAN PROPERTY OWNER ALLIANCE (APOA) ADVOCATES FOR (CONTINUED ON SCHEDULE O) PUBLIC POLICIES THAT SUPPORT OWNERSHIP THROUGHOUT THE UNITED STATES. APOA SERVES AS A TRUSTED RESOURCE FOR PROPERTY OWNERS AND THOSE WHO WANT TO ACHIEVE THE AMERICAN DREAM BY PROVIDING TIMELY, ACCURATE INFORMATION TO HELP THEM SAFEGUARD THEIR INTERESTS. APOA ACTIVATES WHEN NECESSARY TO EDUCATE THE PUBLIC AND ADVANCE COMMON-SENSE SOLUTIONS THAT SAFEGUARD PROPERTY OWNERSHIP.
Activities or mission (Part I)
TO PROMOTE SOCIAL WELFARE WITHIN THE MEANING OF SECTION 501C4 OF THE (CONTINUED ON SCHEDULE O)INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW, INCLUDING BUT NOT LIMITED TO, ADVANCING AND PROMOTING ISSUES OF CONCERN TO PROPERTY OWNERS THROUGHOUT AMERICA.
-
ADVOCACY COMMUNICATIONS - THROUGH ITS SOCIAL MEDIA ACCOUNTS AND WEBSITE, GENERAL MEDIA COMMUNICATIONS, GRASSROOTS MOBILIZATION, GRANTS TO OTHER ORGANIZATIONS WITH SIMILAR POLICY OBJECTIVES, AND CONFERENCE SPONSORSHIP THE AMERICAN PROPERTY OWNERS ALLIANCE (APOA) WORKS TO RAISE AWARENESS OF THE ISSUES AFFECTING AMERICA'S PROPERTY OWNERS. APOA BEGAN A SERIES OF EVENTS FOCUSING ON BLACK HOMEOWNERSHIP AND GENERATIONAL WEALTH CREATION BY HOSTING A SOLD-OUT CONVENING IN ATLANTA, GEORGIA FEATURING EXPERTS AND POLICY MAKERS. APOA EXPANDED ITS SOCIAL MEDIA FOOTPRINT AND EXCEEDED ALL GOALS FOR FOLLOWER GROWTH AND CONSUMER ENGAGEMENT. APOA ALSO ENGAGED IN IT'S FIRST AMICUS BRIEF, ENGAGING TO PROTECT THE RIGHTS OF HOMEOWNERS TO USE THE FLOOR PLANS OF THEIR HOME AS THEY SEE FIT.
Expenses $6,298,801 · Grants $4,140,000
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jim ImhoffJIM IMHOFF
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Marvin JollyMARVIN JOLLY
SECRETARY (BEG 01/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Kathy FowlerKATHY FOWLER
TREASURER (BEG 01/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Colin AllenCOLIN ALLEN
EXECUTIVE DIRECTOR (BEG 09/2022)
- Total calculated
- $120,989
- From this org
- $91,408
- From related orgs
- $0
- Other
- $29,581
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $91,408
- Bonus
- $0
- Other
- $0
- Deferred
- $9,141
- Nontaxable benefits
- $20,440
- Filer's total
- $120,989
-
Bill MalkasianBILL MALKASIAN
FMR. EXECUTIVE DIR. (THRU 09/2022)
- Total calculated
- $306,117
- From this org
- $0
- From related orgs
- $256,951
- Other
- $49,166
- Hours/week
- 1 + 20 related
Schedule J breakdown matched by us
- Base
- $0 + $256,877 related
- Bonus
- $0
- Other
- $0 + $74 related
- Deferred
- $0 + $25,695 related
- Nontaxable benefits
- $0 + $23,471 related
- Filer's total
- $0 + $306,117 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- BILL MALKASIAN WAS PAID BY THE PARENT COMPANY, THE NATIONAL ASSOCIATION OF REALTORS (NAR). ON AN ANNUAL BASIS, THE NAR SVP OF FINANCE HAS A PERFORMANCE EVALUATION WHICH IS USED IN PART TO DETERMINE ANY CHANGES IN PAY (EX. BONUSES AND MERIT INCREASES). NAR USES AN OUTSIDE COMPENSATION CONSULTANT ON AN ANNUAL BASIS TO ASSIST IN DETERMINING REASONABLENESS OF THE COMPENSATION PACKAGES FOR THE NAR EXECUTIVE TEAM. THE NAR OFFICERS ARE REIMBURSED FOR MINOR PERSONAL EXPENSES WHILE TRAVELING FOR BUSINESS PURPOSES. THESE REIMBURSEMENTS WERE TREATED AS TAXABLE COMPENSATION. COLIN ALLEN, EXECUTIVE DIRECTOR, WAS PAID BY THE AMERICAN PROPERTY OWNERS ALLIANCE. COMPENSATION WAS NEGOTIATED WITH AND APPROVED BY THE BOARD OF DIRECTORS IN AN EMPLOYMENT CONTRACT. THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL PERFORMANCE EVALUATION WHICH IS USED TO DETERMINE ANY CHANGES IN PAY (EX. BONUSES).
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$2,000,000
GRANT TO FURTHER ITS TAX EXEMPT PURPOSE
-
$2,000,000
GRANT TO FURTHER ITS TAX EXEMPT PURPOSE
-
OPPORTUNITY MATTERS NETWORK INC
$100,000
GRANT TO FURTHER ITS TAX EXEMPT PURPOSE
-
GRANT TO FURTHER ITS TAX EXEMPT PURPOSE
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NATIONAL ASSOCIATION OF REALTORS
501(C)(6) · MEMBER SERVICES · IL
-
LEONARD P REAUME MEMORIAL FOUNDATION
501(C)(3) · EDUCATION · IL
Directly controlled by NAR
-
REALTORS POLITICAL ACTION COMMITTEE
527 · POLITICAL ACTIVITY · IL
Directly controlled by NAR
-
CENTER FOR REALTOR DEVELOPMENT
501(C)(6) · EDUCATION · IL
Directly controlled by NAR
-
501(C)(3) · DISASTER RELIEF · IL
Directly controlled by NAR
-
NAR FUND
527 · POLITICAL ACTIVITY · IL
Directly controlled by NAR
-
NAR CONGRESSIONAL FUND
527 · POLITICAL ACTIVITY · IL
Directly controlled by NAR
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
SENTRILOCK INTERNATIONAL LLC
LOCKBOX SALES AND SUPPORT · OH
-
REACH CANADA VENTURES 2020 LIMITED PARTNERSHIP PARTNERSHIP
INVESTMENT MANAGEMENT · IL
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
REALTORS INFO NETWORK INC
C · REAL ESTATE INFO · IL
-
NAR BUSINESS ACTIVITIES CORPORATION AND SUBSIDIARIES
C · REAL ESTATE SERVICES · IL
-
KEYNETICS LTD FKA CAS ONE HOLDINGS LIMITED
C · LOCKBOX SALES · UK
-
SENTRILOCK LLC
C · LOCKBOX SALES AND SUPPORT · OH
-
REALTOR PROPERTY RESOURCE LLC
C · PROPERTY DATABASE · IL
-
SECOND CENTURY VENTURES LLC
C · INVESTMENT MANAGEMENT · IL
-
REACH ASEA PTY LTD (FDRE)
C · INVESTMENT MANAGEMENT · IL
-
REACH ASEA HOLDINGS PTY LTD (FDRE)
C · INVESTMENT MANAGEMENT · IL
-
REACH CANADA ACCELERATOR LTD (CFC)
C · INVESTMENT MANAGEMENT · IL
-
REACH UK ACCELERATOR LTD (CFC)
C · INVESTMENT MANAGEMENT · UK
-
REACH CANADA 2020 VENTURES LTD (CFC)
C · INVESTMENT MANAGEMENT · CA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313189349316051
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.