2023-11-13T09:54:13-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 915 HIGHLAND POINTE DR SUITE 300 ROSEVILLE CA 95678 990 2022-01-01 952829075 CALIFORNIA APARTMENT ASSOCIATION CALI 9164477881 980 NINTH STREET 1430 SACRAMENTO CA 95814 THOMAS K BANNON CEO 9164496437 2023-11-10 1 THOMAS BANNON 999009999 1 JENNA BERTUCCELLI P01534744 9167847800 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THOMAS K BANNON 980 9TH STREET SACRAMENTO CA 95814 10352603 0 X WWW.CAANET.ORG X 1940 CA TO REPRESENT THE ETHICAL MEMBERS OF THE RENTAL HOUSING INDUSTRY WITHIN THE STATE OF CALIFORNIA 30 30 29 100 660327 0 7634054 7957282 531378 472639 124789 111048 1591016 1806224 9881237 10347193 158982 350284 0 0 5252192 5499904 0 0 0 3085972 3934535 8497146 9784723 1384091 562470 10618601 12486933 4514991 5820853 6103610 6666080 THE ORGANIZATION'S MISSION IS TO REPRESENT THE ETHICAL MEMBERS OF THE RENTAL HOUSING INDUSTRY IN ALL ASPECTS OF GOVERNMENT AFFAIRS WITHIN THE STATE OF CALIFORNIA, AND TO PROVIDE INFORMATION, PRODUCTS AND SERVICES WHICH CONTRIBUTE TO THE SUCCESS OF THEIR BUSINESSES. 0 0 EDUCATION PROGRAM: THE ASSOCIATION MAINTAINS AN ARRAY OF EDUCATIONAL COURSES (85) FOR ITS MEMBERS. THE ASSOCIATION'S ARRAY OF EDUCATIONAL COURSES INCLUDES; LEGAL, GENERAL ADMINISTRATION, MARKETING AND FACILITY MANAGEMENT ASSOCIATED WITH OWNING AND OR MANAGING RESIDENTIAL HOUSING AND APARTMENTS. THE ASSOCIATIONS EDUCATIONAL COURSES WERE UTILIZED BY MORE THAN 8,000 MEMBERS. THE ASSOCIATION ALSO OFFERED A MANAGEMENT CERTIFICATION PROGRAM THAT CONTRIBUTES TO GREATER PROFESSIONALISM WITHIN THE RENTAL HOUSING AND APARTMENT INDUSTRY. 350 MEMBERS COMPLETED THE CERTIFICATION PROGRAM AND ARE CERTIFIED BY THE ASSOCIATION. COMMUNICATION AND MEMBERS SERVICES: THE ASSOCIATION PROVIDED EXTENSIVE COMPLIANCE GUIDANCE REGARDING THE MANAGEMENT AND OWNERSHIP OF RESIDENTIAL RENTAL PROPERTY, INCLUDING: CALIFORNIA SPECIFIC "STANDARD OPERATIONAL FORMS" (270), THE "CALIFORNIA MANAGING RENTAL HOUSING REFERENCE BOOK", AN ARRAY OF COMPLIANCE PAPERS (175), NEWSLETTERS, PUBLICATIONS, BROCHURES, SIGNS AND OTHER REFERENCE MATERIAL TO ASSIST THE MEMBERS IN THE MANAGEMENT OF THEIR PROPERTIES. THE ASSOCIATION PROVIDES A COMPREHENSIVE WEBSITE THAT IS A PORTAL TO A VAST LIBRARY OF ASSOCIATION INFORMATION. THE CAA WEBSITE HAD APPROXIMATELY 2,000,000 VISITS TO ITS COMPLIANCE PAGE IN 2022. ADVOCACY PROGRAM: THE ASSOCIATION IS RESPONSIBLE FOR MONITORING AND REPRESENTING THE RENTAL HOUSING INDUSTRY BEFORE THE STATE LEGISLATURE, STATE REGULATORY BODIES, THE COURTS AND NUMEROUS CITY GOVERNMENTS WITHIN THE STATE OF CALIFORNIA. THE ASSOCIATION ALSO PROVIDES A COMPREHENSIVE BROCHURE IN ENGLISH AND SPANISH "RENTING: A USER'S MANUAL" THAT IS DISSEMINATED BY THE ASSOCIATION TO VARIOUS ELECTED OFFICIALS' OFFICES, AND ASSISTS BOTH OWNERS AND RESIDENTS TO UNDERSTAND THEIR RIGHTS AND RESPONSIBILITIES. 0 0 1 1 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 21 0 29 1 1 1 0 0 0 0 0 0 0 X 30 30 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X LAURA MEADOWS 9164477881 980 NINTH STREET 1430 SACRAMENTO CA 95814 THOMAS K BANNON CEO 40.00 2.00 X 470202 0 24867 DEBRA CARLTON EVP STATE GOV'T AFFAIRS 40.00 1.00 X 310675 0 24789 JOSHUA HOWARD EXECUTIVE VP LOCAL PUBLIC 40.00 0.00 X 299243 0 25101 TONY BUI SVP STATE PUBLIC AFFAIRS 40.00 1.00 X 291761 0 24444 KEVIN PELLEGRINO SVP MEMBERSHIP/OPERATIONS 40.00 0.00 X 226627 0 19696 VICTOR CAO SENIOR VP PUBLIC AFFAIRS 40.00 0.00 X 206938 0 20496 FREDERICK SUTTON SENIOR VP PUBLIC AFFAIRS 40.00 0.00 X 197346 0 20632 WHITNEY PROUT COMPLIANCE COUNCIL 40.00 0.00 X 188608 0 19003 ANIL BABBAR VP PUBLIC AFFAIRS 40.00 0.00 X 183195 0 9683 MALLORY HOMEWOOD COMPLIANCE COUNCIL 40.00 0.00 X 181451 0 18739 EMBERT MADISON COMPLIANCE COUNCIL 40.00 0.00 X 176182 0 17024 LAURA MEADOWS CONTROLLER 40.00 0.00 X 168543 0 17922 ADAM GOLDFARB PRESIDENT 5.00 2.00 X X 0 0 0 CYNTHIA WRAY PRESIDENT ELECT 2.00 1.00 X X 0 0 0 BRADLEY JOHNSON VICE PRESIDENT 2.00 1.00 X X 0 0 0 DANA DAVID SECRETARY/TREASURER 2.00 1.00 X X 0 0 0 BARRY ALTSHULER IMMEDIATE PAST PRESIDENT 1.00 1.00 X 0 0 0 ERIC ANDRESEN DIRECTOR 1.00 1.00 X 0 0 0 JEFF BAILEY DIRECTOR 1.00 1.00 X 0 0 0 KEITH BECKER DIRECTOR 1.00 0.00 X 0 0 0 DEBBIE COOMBS TO 52022 DIRECTOR 1.00 0.00 X 0 0 0 JOHN EUDY DIRECTOR 1.00 2.00 X 0 0 0 BRIAN GAGAN DIRECTOR 1.00 0.00 X 0 0 0 RONALD GRANVILLE DIRECTOR 1.00 1.00 X 0 0 0 ELIF KIMYACIOGLU DIRECTOR 1.00 0.00 X 0 0 0 ANNA KRAMER DIRECTOR 1.00 0.00 X 0 0 0 JOSHUA LABARGE DIRECTOR 1.00 0.00 X 0 0 0 JOSEPH LAWTON DIRECTOR 1.00 0.00 X 0 0 0 SUSIE LEIN DIRECTOR 1.00 0.00 X 0 0 0 JAKE MANASTER DIRECTOR 1.00 1.00 X 0 0 0 MARJ MANCUSO DIRECTOR 1.00 0.00 X 0 0 0 JOHN MILLHAM DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL PIERCE DIRECTOR 1.00 0.00 X 0 0 0 CARTER POWELL DIRECTOR 1.00 0.00 X 0 0 0 TERESA PRESTWOOD DIRECTOR 1.00 0.00 X 0 0 0 CRAIG ROONEY DIRECTOR 1.00 0.00 X 0 0 0 BRUCE RUEPPEL DIRECTOR 1.00 1.00 X 0 0 0 CHRIS SCROGGIN TO 42022 DIRECTOR 1.00 0.00 X 0 0 0 PATTI SHWAYDER DIRECTOR 1.00 0.00 X 0 0 0 THOMAS SILVA DIRECTOR 1.00 1.00 X 0 0 0 DOUG SMITH DIRECTOR 1.00 0.00 X 0 0 0 DANIEL TENENBAUM DIRECTOR 1.00 0.00 X 0 0 0 MARC TREITLER DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER VAN ENS DIRECTOR 1.00 0.00 X 0 0 0 2900771 0 242396 19 0 1 0 NIELSEN MERKSAMER PARRINELLO & LEONI LLP 1415 L STEET SUITE 1200 SACRAMENTO CA 95814 LEGAL CONSULTING 235366 EMRL 1020 TENTH STREET SACRAMENTO CA 95814 DESIGN CONSULTING 102950 2 6637898 1319384 7957282 EDUCATION 611600 472639 472639 472639 111048 111048 956469 5410 951059 951059 ADMIN FEE 541610 629000 75000 554000 EARNINGS (LOSS) FROM RELATED ENTI 523000 119684 119684 TENANT SCREENING 531390 59546 59546 46935 154 46781 855165 10347193 1618536 660327 111048 350284 2111481 3388423 203179 44756 89500 864509 22215 433789 54661 24096 13921 34280 UBIT -3600 PAC EXPENDITURES 1243787 DATABASE LICENSES 303226 BANK PROCESSING FEES 152057 454159 9784723 2627375 2751607 7324708 7959068 249577 163109 7571 5955 75625 44676 147269 136031 17186 11238 316559 1551280 10618601 12486933 636214 1823346 3878777 3997507 4514991 5820853 X 6103610 6666080 6103610 6666080 10618601 12486933 562470 0 X X 0 1 X 1 0 250000 0 0 0 7957282 3719902 3719902 4306437 -586535 PART I-A, LINE 1: RECEPTION SPONSOR - 2023 GOVERNOR'S INAUGRAL FUND 3205 3205 0 137047 125809 11238 7017 7017 0 11238 INVESTMENT IN SUBSIDIARY 425048 DEPOSITS 11612 RIGHT OF USE ASSET 1114620 1551280 X PART X, LINE 2: THE ASSOCIATION IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND SECTION 23701E OF THE CALIFORNIA REVENUE AND TAXATION CODE AND, THEREFORE, IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ONLY ON NONEXEMPT MONIES EARNED. ACCOUNTING GUIDANCE ISSUED BY FASB PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ASSOCIATION DID NOT HAVE UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2022 AND 2021 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. THE ASSOCIATION WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF DECEMBER 31, 2022 AND 2021, THE ASSOCIATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. 1 2023 GOVERNOR'S INAUGRAL FUND 1414 K STREET SUITE 250 SACRAMENTO CA 95814 921006723 501(C)(4) 250000 0 TO HELP SUPPORT THE MISSION OF THE ORGANIZATION CALIFORNIA ISSUES FORUM 1127 11TH STREET SUITE 331 SACRAMENTO CA 95814 010595129 501(C)(4) 25000 0 TO PROMOTE SOCIAL WELFARE BY EDUCATING THE PUBLIC AND PROVIDING A FORUM TO DISCUSS TOPICAL ISSUES OF COMMUNITY INTEREST. CALIFORNIA STORM OF SACRAMENTO 7220 KING ROAD LOOMIS CA 95650 562655243 501(C)(3) 8500 0 TO HELP SUPPORT THE MISSION OF THE ORGANIZATION HOUSING PROVIDERS OF AMERICA 155 GRAND AVENUE SUITE 950 OAKLAND CA 94612 874757239 501(C)(4) 25000 0 TO HELP SUPPORT THE MISSION OF THE ORGANIZATION SOLUTIONS SAN JOSE 150 POST STREET SUITE 405 SAN FRANCISCO CA 94108 861994072 501(C)(4) 10000 0 TO HELP SUPPORT THE MISSION OF THE ORGANIZATION 1 4 PART I, LINE 2: THE ASSOCIATION PARTICIPATES ON THE GOVERNING BODIES OF MOST OF THOSE ENTITIES WHICH RECEIVE GRANTS FROM THE ASSOCIATION AND THUS MONITORS BOTH THE FINANCIAL AND PERFORMANCE STANDARDS OF THE RECIPIENT ORGANIZATIONS. IN SITUATIONS WHERE THE ASSOCIATION DOES NOT PARTICIPATE ON THE GOVERNING BODIES OF THE OTHER RECIPIENT ORGANIZATIONS, THE ASSOCIATION REVIEWS THE SUCCESS OF THE ENTITY(S) VIA QUARTERLY OR ANNUAL REPORTS. X X X 0 0 0 THOMAS K BANNON CEO 465003 0 0 0 5199 0 15250 0 9617 0 495069 0 0 0 DEBRA CARLTON EVP STATE GOV'T AFFAIRS 310675 0 0 0 0 0 15250 0 9539 0 335464 0 0 0 JOSHUA HOWARD EXECUTIVE VP LOCAL PUBLIC 299243 0 0 0 0 0 15250 0 9851 0 324344 0 0 0 TONY BUI SVP STATE PUBLIC AFFAIRS 291761 0 0 0 0 0 14593 0 9851 0 316205 0 0 0 KEVIN PELLEGRINO SVP MEMBERSHIP/OPERATIONS 226627 0 0 0 0 0 11558 0 8138 0 246323 0 0 0 VICTOR CAO SENIOR VP PUBLIC AFFAIRS 206938 0 0 0 0 0 10739 0 9757 0 227434 0 0 0 FREDERICK SUTTON SENIOR VP PUBLIC AFFAIRS 197346 0 0 0 0 0 10827 0 9805 0 217978 0 0 0 WHITNEY PROUT COMPLIANCE COUNCIL 188608 0 0 0 0 0 9481 0 9522 0 207611 0 0 0 ANIL BABBAR VP PUBLIC AFFAIRS 183195 0 0 0 0 0 9160 0 523 0 192878 0 0 0 MALLORY HOMEWOOD COMPLIANCE COUNCIL 181451 0 0 0 0 0 9078 0 9661 0 200190 0 0 0 EMBERT MADISON COMPLIANCE COUNCIL 176182 0 0 0 0 0 8828 0 8196 0 193206 0 0 0 LAURA MEADOWS CONTROLLER 168543 0 0 0 0 0 8429 0 9493 0 186465 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE MAY ACT IN PLACE AND STEAD OF THE CAA BOARD BETWEEN BOARD MEETINGS ON ALL MATTERS, EXCEPT THOSE SPECIFICALLY RESERVED TO THE BOARD BY THE BYLAWS. THE COMMITTEE SHALL OVERSEE THE CORPORATE AFFAIRS OF CAA. ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO AND RATIFIED BY THE BOARD BY MAIL OR AT THE NEXT BOARD MEETING. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE ELECTED OFFICERS(PRESIDENT, PRESIDENT-ELECT, VICE PRESIDENT, SECRETARY, TREASURER); THE IMMEDIATE PAST PRESIDENT, A MEMBER APPOINTED BY THE PRESIDENT, THE CAAPAC CHAIRPERSON, AND CHAIRPERSONS OF STANDING COMMITTEES. THE EX-OFFICIO MEMBERS OF THE EXECUTIVE COMMITTEE, WITHOUT THE RIGHT TO VOTE, SHALL BE THE CHAIRPERSON OF THE ASSOCIATION EXECUTIVES' COMMITTEE AND THE CAA CHIEF EXECUTIVE OFFICER. A MAJORITY OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM AT ANY DULY CALLED MEETING OF THE COMMITTEE. THE PRESIDENT SHALL CALL SUCH MEETINGS OF THE EXECUTIVE COMMITTEE AS THE BUSINESS OF THE CALIFORNIA APARTMENT ASSOCIATION MAY REQUIRE, OR A MEETING SHALL BE CALLED BY THE CHIEF EXECUTIVE OFFICER ON REQUEST OF TWENTY-FIVE PERCENT(25%) OF THE MEMBERS OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 CAA HAS TWO(2) CLASSES OF MEMBERS: REGULAR MEMBERS AND ASSOCIATE MEMBERS. REGULAR MEMBERS SHALL BE COMPOSED OF RESIDENTIAL RENTAL PROPERTY OWNERS AND MANAGEMENT COMPANIES. ASSOCIATE MEMBERS ARE INDIVIDUALS OR ENTITIES WHO HAVE AN INTEREST IN THE GROWTH, PRESERVATION AND EXPANSION OF THE RENTAL HOUSING INDUSTRY. FORM 990, PART VI, SECTION A, LINE 7A REGULAR AND ASSOCIATE MEMBERS SHALL HAVE VOTING PRIVILEGES AS PROVIDED IN THE BYLAWS. THEY ARE OBLIGATED TO SUPPORT CAA AND ITS BYLAWS AND CODE OF ETHICS AND TO TAKE NO ACTION ADVERSE THERETO. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND DISCUSSED IN DETAIL BY MANAGEMENT TO MAKE CERTAIN THE INFORMATION IS COMPLETE AND ACCURATE. THE FORM 990 IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND TO ANSWER ANY QUESTIONS THAT MAY COME UP DURING THE PROCESS. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED BY CAA'S CONFLICT OF INTEREST POLICY WILL ANNUALLY DISCLOSE OR UPDATE TO THE CHAIRMAN OF THE BOARD OF DIRECTORS ON A FORM PROVIDED BY THE ORGANIZATION THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST, SUCH AS A LIST OF FAMILY MEMBERS, SUBSTANTIAL BUSINESS OR INVESTMENT HOLDINGS, AND OTHER TRANSACTIONS OR AFFILIATIONS WITH BUSINESSES AND OTHER ORGANIZATIONS OR THOSE OF FAMILY MEMBERS. FOR EACH INTEREST DISCLOSED TO THE CHAIRMAN OF THE BOARD OF DIRECTORS, THE CHAIRMAN WILL DETERMINE WHETHER TO: (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THIS POLICY; (C) ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ORGANIZATION; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE ORGANIZATION OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE ORGANIZATION'S REMOVAL PROCEDURES. THE ORGANIZATION'S CHIEF EMPLOYED EXECUTIVE AND CHIEF EMPLOYED FINANCE EXECUTIVE WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE CHAIRMAN OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BY THE OFFICERS OF THE BOARD WHICH MAKE UP THE COMPENSATION COMMITTEE. THE OFFICERS REVIEW ORGANIZATIONS OF SIMILAR SIZE AND REVENUE IN ADDITION TO OTHER TRADE ORGANIZATIONS TO DETERMINE WHAT A COMPARABLE COMPENSATION WOULD BE FOR THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL INFORMATION AVAILABLE TO THOSE THAT MAKE A WRITTEN OR VERBAL REQUEST THROUGH THEIR OFFICE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CALIFORNIA APARTMENT ASSOCIATION PAC 980 9TH STREET SACRAMENTO CA 95814 953002856 STATE AND LOCAL ELECTION ACTIVITY CA 527 0 CALIFORNIA RENTAL HOUSING SERVICES CORPORATION 980 9TH STREET STE 1430 SACRAMENTO CA 95814 680333121 ASSOCIATION MANAGEMENT CA CALIFORNIA APARTMENT ASSOCIATION C -2690 425048 1.00000 1 CAA RENTAL HOUSING INSURANCE BROKERS INC 980 9TH STREET STE 1430 SACRAMENTO CA 95814 260357063 BROKERS INSURANCE CA CALIFORNIA RENTAL HOUSING SERVICES CORPORATION C 122374 454762 1.00000 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 CAA RENTAL HOUSING INSURANCE BROKERS INC L 554000 CASH RECEIPTS CALIFORNIA APARTMENT ASSOCIATION PAC L 75000 CASH RECEIPTS