Utah Apartment Association

Sandy, UTUnknown exempt organization EIN 87-0667465Revenue $2.4M in FY2024

On file with the IRSuaahq.org230 W Towne Ridge Parkway · Sandy, UT

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

1¢ of each $1 spent went to programs.
Run by 130 volunteers and 4 employees.
Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $456K a year · 31% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0.7%
of spending
Concern: 1% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$204K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 8.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$9K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
29
of 29 voting members
Looks good: 29 of 29 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.4M
+9% vs prior year
Spent
$1.4M
To programs
0.7%
Net assets
$1.1M
By yearFY2020–FY2024
Revenue
$2.4M
FY2024▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$703K
FY2021$883K
FY2022$1.2M
FY2023$2.2M
FY2024$2.4M
Expenses
$1.4M
FY2024▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2020$685K
FY2021$684K
FY2022$1.1M
FY2023$1.3M
FY2024$1.4M
Net assets
$1.1M
FY2024▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$395K
FY2021$587K
FY2022$746K
FY2023$1.1M
FY2024$1.1M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

1 cents of each dollar spent went to programs.

Program services 1% · $10K Management & general 99% · $1.4M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

27 people listed on the 990; $204K paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO & Genera
$204,302Pt VII · Sec A
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
L Paul Smith$204,302$181,686$200,391$152,729—
Paul Smith————$165,661

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Utah Apartment Association executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advocates for the rental housing industry and its residents in Utah.

Questions for Utah Apartment Association

Tap to ask. Utah Apartment Association sees how many people are interested.

Your first name shows with your question. Utah Apartment Association answers here, for everyone.

Provided by the organization

Know this org? Add your story

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.4M
Ln 12
Gifts and grantsLn 1h$2.1M
Fees for servicesLn 2g$208K
Other incomeLn 4–11$112K
Money outPt IX
$1.4M
Ln 25
Programscol B$10K
Managementcol C$1.4M
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$1.1M
LiabilitiesLn 26$9K
PeoplePt VI, VII
27
listed · VII A
PaidVII A1
Voting boardVI 1a29
IndependentVI 1b29
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Fees for servicesLn 2g$208K
Investment incomeLn 3$13K
Other incomeLn 4–11$112K
Total revenueLn 12$2.4M
Assets in detailPt X, end of year
CashLn 1$575K
SavingsLn 2$440K
Cash and savings togetherLn 1–2$1.0M
Land, buildings, equipmentLn 10c$36K
Total assetsLn 16$1.1M
LiabilitiesLn 26$9K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 54
VolunteersI 6130
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$985K$1.0M
Land, buildings, equipmentLn 10c$24K$36K
Total assetsLn 16$1.1M$1.1M
LiabilitiesLn 26$7K$9K
Net assetsLn 32$1.1M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$204K$204K
Other salaries and wagesLn 7$495K$495K
Other employee benefitsLn 9$92K$92K
Payroll taxesLn 10$51K$51K
Accounting feesLn 11c$25K$25K
Advertising and promotionLn 12$32K$32K
Office expensesLn 13$191K$191K
OccupancyLn 16$82K$82K
Depreciation, depletion and amortizationLn 22$10K$10K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$251K$251K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$1.4M$10K$1.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.4M$1.4M$964K$1.1M 990 PDF
FY2023 $2.2M$1.3M$939K$1.1M 990 PDF
FY2022 $1.2M$1.1M$159K$746K 990 PDF
FY2021 $883K$684K$199K$587K 990 PDF
FY2020 $703K$685K$18K$395K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $2,402,808 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,843,516$2,070,342
I-9 Program service revenuePrior year $230,495$207,689
I-10 Investment incomePrior year $10,991$12,915
I-11 Other revenuePrior year $111,076$111,862
I-12 Total revenuePrior year $2,196,078$2,402,808
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $639,441$842,373
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $617,224$596,679
I-18 Total expensesPrior year $1,256,665$1,439,052
I-19 Revenue less expensesPrior year $939,413$963,756
Part VI · Governance 29 of 29 board members independent, 4 to look at
VI-1a Voting members of the governing body29
VI-1b Independent voting members29
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $2,402,808 across 7 lines filed
Lines not itemized here account for −$46,108 of total revenue; see the IRS return.
VIII-1b Membership dues$2,070,342
VIII-1h Total contributions, gifts and grants$2,070,342
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $196,580 · Unrelated business $11,109$207,689
VIII-3 Investment incomeRelated to mission $12,915$12,915
VIII-8 Net income from fundraising events$23,465
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $134,505$134,505
VIII-12 Total revenueRelated to mission $297,892 · Unrelated business $11,109$2,402,808
Part IX · Statement of functional expenses $1,439,052 across 12 lines filed
IX-5 Pay of current officers, directors and key staffManagement $204,303$204,303
IX-7 Other salaries and wagesManagement $494,792$494,792
IX-9 Other employee benefitsManagement $91,906$91,906
IX-10 Payroll taxesManagement $51,372$51,372
IX-11c Accounting feesManagement $24,587$24,587
IX-12 Advertising and promotionManagement $31,870$31,870
IX-13 Office expensesManagement $191,116$191,116
IX-16 OccupancyManagement $81,566$81,566
IX-22 Depreciation, depletion and amortizationPrograms $10,289$10,289
IX-23 InsuranceManagement $3,838$3,838
IX-24 Other expenses (24a–d)Management $250,984$250,984
IX-24e All other expensesManagement $2,429$2,429
IX-25 Total functional expensesPrograms $10,289 · Management $1,428,763 · Fundraising $0$1,439,052
Part X · Balance sheet $1,107,860 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $543,618$574,647
X-2 Savings and temporary cash investmentsStart of year $440,998$439,577
X-9 Prepaid expenses and deferred chargesStart of year $57,623$57,623
X-10c Land, buildings and equipment, netStart of year $23,689$36,013
X-16 Total assetsStart of year $1,065,928$1,107,860
X-17 Accounts payable and accrued expensesStart of year $7,044$8,507
X-26 Total liabilitiesStart of year $7,044$8,507
X-32 Total net assets or fund balancesStart of year $1,058,884$1,099,353
X-33 Total liabilities and net assetsStart of year $1,065,928$1,107,860
Part XI · Reconciliation of net assets $1,099,353 net assets at year end
XI-1 Total revenue$2,402,808
XI-2 Total expenses$1,439,052
XI-3 Revenue less expenses$963,756
XI-4 Net assets at start of year$1,058,884
XI-8 Prior period adjustments−$933,576
XI-9 Other changes in net assets$10,289
XI-10 Net assets at end of year$1,099,353

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.