St Louis Apartment Association

Nonprofit profile at a glance

EIN
431199006
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
St Louis, MO, USA
Phone
3142058844
Rating confidence
Limited

Official website

Reported finances

Revenue
$898,445
Expenses
$880,655
Assets
$775,718
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • JOHN MORRISSEY (PRESIDENT)
  • CARLA POWELL (PRESIDENT (THRU 05/24))
  • SARA DAUT (VICE PRESIDENT)
  • JON WOODROME (P&S COUNCIL PRESIDENT)

Highest reported compensation

  • AMANDA RANDELL (ASSOCIATION EXECUTIVE): $92,743 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Slaa is the active voice of multi-housing and supplier professionals committed to providing educational solutions, legislative action, industry resources and networking, while supporting local charitable causes.

What it reported doing in 2024

Multifamily housing industry seminars and certifications: slaa offered 20+ educational seminars in 2024 including: - ai/chatgpt - appliance troubleshooting - certified pool operator (cpo) class & exam - diversity, equity, and inclusion - downtown stl panel - epa 608 class and exam - fair housing (spring session - in person) - fair housing (winter session - virtual) - hvac troubleshooting - i love leasing seminar [continued on sch o...]multifamily housing industry seminars and certifications continued: - industry & economic outlook - landlord tenant law - in person - landlord tenant law - 5 separate virtual webinars - leasing panel discussion - lihtc/tax credit training - preventative maintenance slaa offered the following credentialing programs in 2024: - certified apartment manager (cam) class & exam (spring) - certified apartment portfolio supervisor (caps) class & exam - certified apartment leasing professional (calp) class & exam - certificate for apartment maintenance technician (camt) class & exam

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 79
  • Sustainability: 46
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.88; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 10.5%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 6.3% per year; rating input score 100; 51st percentile among comparable filings
  • Asset growth: 7.1% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 13 of 13 board members independent · 4 of 8 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $93K · 20 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.