Greater Iowa Apartment Association
EIN: 770673030 · Des Moines, IA · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $323K |
| Total Expenses | $192K |
| Net Assets | $203K |
Is Greater Iowa Apartment Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater Iowa Apartment Association
Greater Iowa Apartment Association (EIN: 770673030) is a nonprofit organization based in Des Moines, IA, classified under NTEE code S40. The organization reported total revenue of $323K and total assets of $228K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Iowa Apartment Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Iowa Apartment Association is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $225K |
| Total Expenses | $192K |
| Surplus / Deficit | +$32K |
| Total Assets | $203K |
| Net Assets | $203K |
| Operating Margin | 14.4% |
| Months of Reserves | 12.7 months |
Financial Health Grade: A
In 2023, Greater Iowa Apartment Association reported a surplus of $32K with revenue exceeding expenses, holds 12.7 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Greater Iowa Apartment Association's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.1% | +23.0% | +18.9% |
| 2022 | +37.5% | +62.5% | +20.0% |
| 2020 | -18.0% | +9.0% | +5.3% |
| 2019 | +39.5% | +8.5% | +64.3% |
| 2018 | -14.3% | +2.3% | +14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater Iowa Apartment Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greater Iowa Apartment Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
Frequently Asked Questions about Greater Iowa Apartment Association
Is Greater Iowa Apartment Association a legitimate charity?
Greater Iowa Apartment Association (EIN: 770673030) is a registered tax-exempt nonprofit based in Iowa. It has 12 years of IRS 990 filings on record. Total revenue: $323K. No red flags identified. Financial health grade: A.
How does Greater Iowa Apartment Association spend its money?
Greater Iowa Apartment Association reported $323K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Greater Iowa Apartment Association tax-deductible?
Greater Iowa Apartment Association is registered as a tax-exempt nonprofit (EIN: 770673030). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater Iowa Apartment Association located?
Greater Iowa Apartment Association is headquartered in Des Moines, Iowa and files with the IRS under EIN 770673030. It is classified under NTEE code S40.
How many years of IRS 990 filings does Greater Iowa Apartment Association have?
Greater Iowa Apartment Association has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $323K in total revenue.
Filing History
IRS 990 filing history for Greater Iowa Apartment Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Greater Iowa Apartment Association's revenue has grown by 156.6%, moving from $88K to $225K. Total assets increased by 356.4% over the same period, from $45K to $203K. Total functional expenses rose by 135.6%, from $82K to $192K. In its most recent filing year (2023), Greater Iowa Apartment Association reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $225K | $192K | $203K | $0 | — | View 990 |
| 2022 | $144K | $156K | $171K | $0 | — | View 990 |
| 2020 | $105K | $96K | $143K | $0 | — | View 990 |
| 2019 | $128K | $88K | $135K | $0 | — | View 990 |
| 2018 | $91K | $81K | $82K | $0 | — | View 990 |
| 2017 | $107K | $79K | $72K | $0 | — | View 990 |
| 2016 | $70K | $66K | $45K | $0 | — | View 990 |
| 2015 | $73K | $81K | $44K | $0 | — | View 990 |
| 2015 | $102K | $104K | $51K | $0 | — | View 990 |
| 2014 | $105K | $98K | $55K | $0 | — | View 990 |
| 2013 | $92K | $89K | $47K | $0 | — | View 990 |
| 2012 | $88K | $82K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $225K, expenses of $192K, and assets of $203K (revenue +56.1% year-over-year).
- 2022: Revenue of $144K, expenses of $156K, and assets of $171K (revenue +37.5% year-over-year).
- 2020: Revenue of $105K, expenses of $96K, and assets of $143K (revenue -18.0% year-over-year).
- 2019: Revenue of $128K, expenses of $88K, and assets of $135K (revenue +39.5% year-over-year).
- 2018: Revenue of $91K, expenses of $81K, and assets of $82K (revenue -14.3% year-over-year).
- 2017: Revenue of $107K, expenses of $79K, and assets of $72K (revenue +52.4% year-over-year).
- 2016: Revenue of $70K, expenses of $66K, and assets of $45K (revenue -4.5% year-over-year).
- 2015: Revenue of $73K, expenses of $81K, and assets of $44K (revenue -27.8% year-over-year).
- 2015: Revenue of $102K, expenses of $104K, and assets of $51K (revenue -3.6% year-over-year).
- 2014: Revenue of $105K, expenses of $98K, and assets of $55K (revenue +14.3% year-over-year).
- 2013: Revenue of $92K, expenses of $89K, and assets of $47K (revenue +5.3% year-over-year).
- 2012: Revenue of $88K, expenses of $82K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Iowa Apartment Association:
Data Sources and Methodology
This transparency report for Greater Iowa Apartment Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.