Triangle Apartment Association's 2019 Annual Report

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2019 ANNUAL REPORT

Letter from Leadership They say time flies when you're having fun and I cannot believe how quickly this year went by. It feels like I was just being sworn in at the January Dinner Meeting! TAA has been a busy place and I am so proud of all the accomplishments our association had last year. The committees, volunteers, and staff have all worked so hard. I am truly honored to have served as president for our membership, but it takes a village to make TAA successful. I’d like to take the time to brag a little on all the achievements we had in 2019!

The Education Committee and TAA Education Foundation (TAAEF) raised $6,100 at their annual Battle of the Baskets fundraiser at the Trade Show.

The baskets keep getting bigger and better each year. Thank you to those who donated! TAAEF also hosted their “Take 5” Breakfast Business Exchange Reverse Trade Show and it sold out in record time – 44 minutes!

The Government Affairs Committee had an amazing year and proceeded to collect a record breaking $30,153 in PAC donations from our members.

This year also saw the creation of the PAC Board of Trustees. The PAC money raised was used to endorse candidates based on their commitment to smart growth strategies, their focus on sustainable development,

and their attention to the housing affordability crisis in our communities.

This year, 79% of our endorsed candidates won their races.

complete the remaining 11 units in 2020-2022.

The Products and Services Committee held its annual “Inside the Multifamily The Independent Rental Owners Mind” seminar with over 80 attendees.

Committee continued to grow our The seminar was made up of two member benefits by offering monthly panels of executive-level Service and lunch and learns. Each lunch and learn Corporate Owner/Operators who hosted a speaker and topic relevant to answered numerous questions on how their member type and their unique our vendor partners are better able to needs. communicate, service, and grow their businesses within our membership.

The Membership Committee continued to grow the Ambassador The Special Events Committee worked program and helped to recruit 161 new tirelessly this year to host our annual members. Their Volunteer ApprecGolf Tournament and After Work iation Event was also held in January.

Networking Events. This year the Trade The cocktail hour was to thank all our Show was moved to the Jim Graham hardworking volunteers for helping Building and was able to accommodate TAA make 2018 such a successful year. 21 new booths. A family-friendly Spring This year, the Membership Committee Carnival was added to the schedule and introduced our “Tour of Cities” netmost recently they hosted TAA’s 35th working events and they launched the Anniversary Celebration.

“This is Us” membership engagement campaign for 2020!

The XCEL Committee hosted a Happy Hour Headshots at the December After The PR and Community Outreach Work Networking event. Attendees Committee had a very busy year. were able to make a monetary donation During the summer, they hosted a benefiting A New Lease on Life and in backpack drive to help local nonreturn received a professional headprofits and schools. In addition, two shot! days of service were held, benefiting the Food Bank of Central & Eastern I can’t wait to see how our committees North Carolina. The PR Committee also and volunteers outdo themselves next put together a task force to assist our A year!

New Lease on Life partner, Family Promise of Wake County with Last but not least, I need to thank all of renovations of one of their transitional our 2019 sponsors for your support of housing apartments. The goal is to TAA. None of this could be possible without you and your companies.

April Vasta 2019 TAA President TRIANGLE APARTMENT ASSOCIATION

2019 ANNUAL REPORT

Our Mission

The leading resource committed to the advancement of the rental housing industry through advocacy, engagement, and innovation.

Above: 2019 March Day of Service

Our Members

1,169 Member Companies

TRIANGLE APARTMENT ASSOCIATION

146,470 Homes Represented

2019 ANNUAL REPORT

Education Opportunities

Providing quality educational opportunities for the Triangle apartment industry for 35 years!

HVAC Diagnostics Course

1,253

Students Throughout the Year

Fair Housing Seminar

44

39

9

Classes

Sold Out Classes

New NAAEI Credential Recipients

2019 Graduation Rate: 74%

162

CPO Certifications

84% Passing Rate

TRIANGLE APARTMENT ASSOCIATION

19

CFC - EPA 608 Certificates 42% Passing Rate

2019 ANNUAL REPORT

Creating Connections Events and networking opportunities.

330+

After Work Networking

1,981 Trade Show 443 230

325

Dinner Meeting

Spring Carnival

273

35th Anniversary Celebration

Golf Tournament

149+

Tour of Cities

Counts above include total number of registered participants.

Golf Tournament TRIANGLE APARTMENT ASSOCIATION

Tour of Cities - Raleigh 2019 ANNUAL REPORT

Giving Back $31,985 RAISED

DONATE ONLINE All contributions to A New Lease on Life and TAA's Education Foundation are tax deductible as they are 501(c)3 organizations.

NLOL organized a 5k team at the Cary Unity Walk & Fun Run with t-shirt sponsors and race registrations raising $11,510!

11

Learn more about each program on our website!

Credential Scholarships Awarded

TAAEF Board of Directors Raised

$34,400+

Scholarship Fund Partners "Take 5" Reverse Trade Show Donation Walls & Stars

TAA Education Committee Raised

$6,100

"Battle of the Baskets"

TAAEF's "Take 5" Reverse Trade Show raised over $30,000!

Since TAAEF's inception, 74 scholarships have been awarded.

TRIANGLE APARTMENT ASSOCIATION

2019 ANNUAL REPORT

Advocacy Achievements

The July Government Affairs Committee meeting was held at Liberty Warehouse Apartments in downtown Durham and The TAA-PAC hosted our endorsed hosted Rep. Mickey Michaux, Rep. Mary Ann candidates at its Q3 meeting. Thank Black, Sen. Mike Woodard, Sen. Floyd you to everyone who attended!

McKissick, Mayor Pro Tem Cora ColeMcFadden, and Mayor Bill Bell.

$30,153 RAISED

The TAA-PAC closed out the most successful year of fundraising in its history. The unprecedented fundraising allowed TAA to endorse 19 candidates across Cary, Durham, Morrisville and Raleigh with 79% of our endorsed candidates winning their races.

50+ TAA Volunteers participated in Legislative Days at AANC's Education & Legislative Conference

TRIANGLE APARTMENT ASSOCIATION

TAA Volunteers at AANC's Education & Legislative Conference met with Senator Dan Blue

2019 ANNUAL REPORT

Financial Reporting

Statement of Financial Position

Below: TAA's Past Presidents at 35th Anniversary Celebration

TRIANGLE APARTMENT ASSOCIATION

2019 ANNUAL REPORT

Financial Reporting Statement of Activities

TAA Board of Directors Installation

Distribution of Income

Chart includes accounts greater than $1000 TRIANGLE APARTMENT ASSOCIATION

2019 ANNUAL REPORT

A special thanks go to the 2019 Business Partners for their dedicated support of the association.

Each year, by underwriting multiple TAA networking and educational opportunities, they elevate the level of benefits we are able to provide to our members. Their investment includes exclusive sponsorships and heightened exposure throughout the year.

TRIANGLE APARTMENT ASSOCIATION

2019 ANNUAL REPORT

Testimonials

TRIANGLE APARTMENT ASSOCIATION

2019 ANNUAL REPORT

Board of Directors President April Vasta, CAPS, CAM Blue Ridge Companies, Inc.

Vice President Kelli Lea, CAM, NAAEI Greystar

Treasurer Rita Zepeda, CPM, CAPS, CAM, ARM PRG Real Estate Management, Inc.

Secretary Craig Nardi, CPM

Immediate Past President Claire Michael, CAM

Willow Creek Properties, LLC

Lantower Luxury Living

Directors Rob Boggs, CAM TriBridge Residential, LLC

Berry Craven, CAMT Ginkgo Residential, LLC

Becki Hale, CAM

Steve Hayworth

Grubb Ventures Services, LLC

Drucker + Falk

Kristi Henderson

Cindy Nitschke, CAS

Redi Carpet, Inc.

Response Team 1

Franklin Rodriguez, CAPS, CAMT

Rebecca Rosario-Bueno, CAM, NALP, NAAEI

Blue Ridge Companies

Full House Marketing

Chris Smith

Amy Timocko, CAPS

Greystar

Hawthorne Residential Partners, Inc.

Chris Williams RentPath, LLC

General Counsel Norm Praet Brownlee Whitlow & Praet, PLLC

TRIANGLE APARTMENT ASSOCIATION

2019 ANNUAL REPORT

Committee Co-Chairs Education: Paula Kotarakos Derek Tarrant Kathy Woodard

Government Affairs: Katy Boone Kelly Goehl

Independent Rental Owner: Dena Daniels Tim Masters

Membership: Natalie Cook-Wooters Sara Cox Elizabeth Godwin Riley

PR & Community Outreach: Bret Smith Akeshia Thomas

Products & Services: Chad Anderson Chris Fortune

Special Events: Becki Hale Cindy Nitschke

XCEL: Heather Ardnt Rob Boggs Carson Woodell

TAA Staff Josie H. Eatmon, CAE

Suzanne Pratt

Executive Director

Director of Professional Development

Vicki Franciosi

Susan Williams, PHR

Meetings & Events Director

Finance Director

Dustin Engelken

Jennifer Creech

Government Affairs Director

Membership & Marketing Manager

Meg Palumbo

Dan Pauley

Communications Manager

Staff Accountant

Alyssa Clair

Jessica Esposito

Education Coordinator

Events Coordinator

TRIANGLE APARTMENT ASSOCIATION

2019 ANNUAL REPORT

A Look Back Backpack to School Collection Drive at July's After Work Networking

Triangle Trending: Economic Forum

Spring Carnival

December After Work Networking

Toys for Tots Drive at December's After Work Networking

Inside the Multifamily Mind Seminar December Membership Committee

TRIANGLE APARTMENT ASSOCIATION

35th Anniversary Celebration Live Painting Below: Trade Show

2019 ANNUAL REPORT

What's Next?

Get Involved Join a committee and help shape the future of the association!

Register Online Register online NOW for an upcoming event or class. Get out there and meet new people!

Spread the Word We are always looking for new members.

If you know someone who could benefit from being a member, tell them about us!

TRIANGLE APARTMENT ASSOCIATION

2019 ANNUAL REPORT

7920 ACC Blvd., Suite 220 Raleigh, NC 27617

Ph: 919-782-1165 taa@triangleaptassn.org www.TriangleAptAssn.org

/TriangleAptAssn @nctaa