National Apartment Association
501(c)(6)
Only null% goes to programs Growing revenue
National Apartment Association is a 501(c)(6) organization based in Arlington, Virginia, registered in 1945, with $63,679,700 in FY2024 revenue. CharityIndex grades it A.
4300 Wilson Blvd Ste 800, Arlington, VA, 22203 EIN 53-0191129 Since 1945
Revenue (FY2024)
$63.7M
▲ 10.3% vs prior year
Expenses (FY2024)
$61.2M
Net assets
$17.7M
Employees
140
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for National Apartment Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For National Apartment Association: 3 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For National Apartment Association: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For National Apartment Association: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To serve as a trusted, pre-eminent resource for all stakeholders in the rental housing industry through advocacy, education, and collaboration.
What they do
Meetings and expositions interaction with national memberships through industry meetings, as well as visits to state and local affiliates.
Government affairs naa partners with national multifamily housing council (nmhc) to advocate for a supportive legislative and regulatory climate to protect businesses. at the state and local levels, naa analyzes legislation, conducts research, and provides resources to help build members' strength and influence.
Contact & location
Financial trends
Revenue grew from $20.2M (FY2013) to $63.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $32.4MNet assets $17.7M
Operating margin
3.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$50.2M
Total liabilities
$32.4M
Net assets
$17.7M
Salaries & benefits
$17.1M
28% of expenses
Board members
29
29 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $63,679,700▲10.3% | $61,240,975▲10.6% | $17,732,543▲18.9% | $50,160,633▲22.9% | 990 |
| 2023 | $57,726,560▲40.0% | $55,393,728▲45.6% | $14,908,971▲38.3% | $40,809,048▲13.5% | 990 |
| 2022 | $41,221,497▲19.6% | $38,049,413▲17.4% | $10,783,143▼4.8% | $35,964,131▼1.7% | 990 |
| 2021 | $34,472,867▲26.8% | $32,399,514▲7.7% | $11,325,643▲45.5% | $36,578,270▲3.2% | 990 |
| 2020 | $27,189,623▼24.7% | $30,080,935▼18.8% | $7,783,640▼23.0% | $35,453,044▼1.7% | 990 |
| 2019 | $36,126,908▲5.7% | $37,049,305▲7.6% | $10,113,858▲5.8% | $36,074,506▲8.3% | 990 |
| 2018 | $34,193,781▲4.0% | $34,431,070▲9.5% | $9,558,447▼13.5% | $33,307,806▲25.4% | 990 |
| 2017 | $32,878,197▲13.1% | $31,442,902▲8.7% | $11,052,684▲26.2% | $26,566,126▲34.5% | 990 |
| 2016 | $29,062,104▲8.9% | $28,935,427▲9.8% | $8,755,022▼4.8% | $19,754,691▲5.7% | 990 |
| 2015 | $26,678,192▲9.4% | $26,350,178▲10.9% | $9,195,974▼1.4% | $18,685,056▲3.6% | 990 |
| 2014 | $24,385,127▲20.4% | $23,762,999▲16.7% | $9,323,091▲6.1% | $18,040,348▲13.3% | 990 |
| 2013 | $20,247,609 | $20,362,237▲13.9% | $8,783,865▼3.6% | $15,922,241▲3.7% | 990 |
| 2012 | — | $17,880,929▲18.2% | $9,113,688▲5.3% | $15,353,597▲10.2% | 990 |
| 2011 | — | $15,127,405▲13.1% | $8,653,103▲12.6% | $13,933,571▲13.7% | 990 |
| 2010 | — | $13,373,207 | $7,686,016 | $12,251,448 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Robert Pinnegar Cae — $729,408 (1.19% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert Pinnegar Cae | President & Ceo | 37.5 | $729,408 |
| Gregory Brown | Senior Vp, Government Affairs | 37.5 | $395,180 |
| Amy Groff Cpm | Chief Operating Officer | 37.5 | $387,752 |
| Angel Baltimore | Svp, Information Technology | 37.5 | $328,662 |
| Rebecca Sullivan | Svp Strategic Communications | 37.5 | $267,299 |
| Joshua Gold Svp Member Educ | Programs & Affiliate Engagement | 37.5 | $263,889 |
| Ayiesha Beverly | General Counsel | 37.5 | $254,800 |
| Ron Skinner | Svp, Business Development | 37.5 | $250,773 |
| Paula Munger | Vp, Industry Research & Analysis | 37.5 | $249,039 |
| Larissa Teelucksingh CPA | Svp, Finance | 37.5 | $245,587 |
| Camala Kovalick | Avp, Business Excellence | 37.5 | $225,282 |
| Elizabeth Ambacher | Vp, Meetings & Expositions | 37.5 | $216,857 |
| Jason Lynn | Director, Fed. Legislative Affairs | 37.5 | $211,504 |
| James Wilson | Avp, Political Affairs | 37.5 | $210,044 |
| Anne Tomkinson | Vp, People & Culture | 37.5 | $191,560 |
| Abbie Huffman | Regional Vp - Region 3 | 2 | — |
| Alan King Cpm | Chair-elect | 5 | — |
| Arianna Royster | Regional Vp - Region 1 | 2 | — |
| Bonnie Smetzer Cmp Hccp | Regional Vp - Region 9 | 2 | — |
| Brett Duke | Regional Vp - Region 4 | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Directionsav Staging Inc | Audio/visual Services | $1,868,314 |
| Nmhc (national Multifamily Housing Counc | Consulting Services | $975,000 |
| Constellation Culinary Group (galaxy Res | Catering | $851,752 |
| District Marketing Group | Marketing Services | $797,651 |
| Aramark Sfs | Catering | $781,453 |
Grants made · $20K in FY2024
1 grant totaling $20K in FY2024. All grants made by National Apartment Association →
| Recipient | Purpose | Amount |
|---|---|---|
| American National Red Cross | Hurricane relief | $20,000 |
Frequently asked questions
- Is National Apartment Association a legitimate nonprofit?
- Yes. National Apartment Association is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 53-0191129, based in Arlington, Virginia.
- What is National Apartment Association's EIN?
- National Apartment Association's Employer Identification Number (EIN) is 53-0191129.
- How much revenue does National Apartment Association report?
- National Apartment Association reported $63,679,700 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does National Apartment Association have?
- CharityIndex grades National Apartment Association A, based on financial health (reserves and operating margin).
- How much does National Apartment Association's highest-paid employee make?
- The highest reported compensation on National Apartment Association's latest Form 990 is $729,408, paid to Robert Pinnegar Cae (President & Ceo).
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Data for National Apartment Association (EIN 53-0191129) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.