CONNECTIONS 2018 TRIANGLE APARTMENT ASSOCIATION ANNUAL REPORT
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Letter from Leadership It is through our volunteers that the TAA is capable of offering a wide variety of classes, events, and community outreach programs. This year we saw a marked increase in our members that became involved, and I am thrilled to share the immense growth in volunteers because of this. We started out the year with approximately 174 volunteers and we ended the year with 295 members helping out. As a result of the increased number of volunteers, we were able to host 11 events in 2018 and we had over 3,000 members attend those events! TAA also had a record of 61 new National Apartment Association Education Institute (NAAEI) credential recipients this year and was able to host a number of new classes and seminars. At the conclusion of 2018, 1095 individuals will have taken advantage of the fantastic array of classes the TAA has to offer, increased their knowledge of the multifamily industry, and expanded their circle of industry peers. Behind the scenes, TAA spent a significant amount of time advocating on behalf of our legal interests. A number of legislative issues arose this year that could have significantly affected the revenue apartment communities collect during evictions, however, TAA stepped in and gave voice to these concerns. One example of legislative action was the passage of SB 224, which enshrines into law the ability to collect fees incurred during the eviction process. TAA worked in collaboration with AANC and other affiliates to successfully advocate for the passage, resulting in our ability to continue to charge legal fees incurred from evictions and lease defaults. It’s clear that TAA and the Board have worked diligently to see all of these goals reached, but what future endeavors are in store for the association? When writing the strategic plan at the end of 2017, the Board focused on one major crisis impacting our industry; a shortage of maintenance personnel. As a result, the visionary Board of Directors decided it was the association’s job to infuse new employees into the industry by recruiting and training. It was decided this goal could be accomplished by creating a Service Academy. I am thrilled to report that we have made the decision to start taking the necessary steps towards turning this dream into a reality! Our goal is to create an external maintenance training facility in which our association will train personnel looking for a career in a technical craft. Training will include everything from drywall installation to troubleshooting an HVAC issue. Students will graduate the academy equipped with their CPO and CFC certifications, ready to complete an internship or embark on a new position at one of our member apartment communities. In addition, the facility will serve as the location for all maintenance related classes currently hosted by TAA. It is essential that we all work together to ensure our Association continues to be the incredible success it is today, so I want to conclude my tenure as your 2018 President with the same invite I extended to our membership in January. I invite you to continue to be part of our community, the community of the Triangle Apartment Association comprised of your family, friends, co-workers, an executive team, a Board of Directors, co-chairs, volunteers, and TAA staff. Individuals who work tirelessly every day to ensure progressive goals are met. Let’s always be collaborative, thoughtful, and work with a sense of purpose, making decisions that benefit our Association and our community. I urge each of you to continue to give back, and not only will TAA succeed, but you will find personal growth you could not have anticipated!
Claire Michael 2018 TAA President TRIANGLE APARTMENT ASSOCIATION
WWW.TRIANGLEAPTASSN.ORG
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Mission
The leading resource committed to the advancement of the rental housing industry through advocacy, engagement, and innovation.
Above: 2018 Maintenance Mania held at the PNC Arena
1,111
Member Companies
TRIANGLE APARTMENT ASSOCIATION
139,372 Homes Represented
WWW.TRIANGLEAPTASSN.ORG
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Education Opportunities
Providing quality educational opportunities for the Triangle apartment industry for 34 years!
CAM & CAS Students
1,095
Sold Out CPO Course
Students Throughout the Year
26
61
9
Classes
Sold Out Classes
New NAAEI Credential Recipients
2018 Graduation Rate: 84%
176
CPO Certifications
93% Passing Rate
TRIANGLE APARTMENT ASSOCIATION
26
CFC - EPA 608 Certifications
63% Passing Rate
WWW.TRIANGLEAPTASSN.ORG
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Creating Connections Events and networking opportunities.
Record Registrants
606+
After Work Networking
1,821 Trade Show 440
375
Dinner Meeting
292
Casino Night
Maintenance Mania & Service Appreciation
230 Golf
101
Bus Tour
Counts above include total number of registered participants.
Trade Show TRIANGLE APARTMENT ASSOCIATION
Casino Night WWW.TRIANGLEAPTASSN.ORG
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Giving Back $21,225 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 $10,770!
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Learn more about each program on our website!
Credential Scholarships Awarded
TAAEF Board of Directors Raised
$38,020
Scholarship Fund Partners "Take 5" Reverse Trade Show Donation Walls & Stars
TAA Education Committee Raised
$5,879
TAAEF's "Take 5" Reverse Trade Show raised a record breaking $30,185!
"Battle of the Baskets" Since TAAEF's inception, 63 scholarships have been awarded.
TRIANGLE APARTMENT ASSOCIATION
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Advocacy Achievements
$13,987 RAISED The July Government Affairs Committee meeting was held at Liberty Warehouse in downtown Durham and At itsApartments October meeting, the TAA Government Rep. Mickey Michaux, Rep. Mary Ann Affairshosted Committee hosted our endorsed candidates Black, Sen. Mike Woodard, Sen. Floyd at Bainbridge Lake Crabtree in Morrisville. McKissick, Pro Tem ColeThank you toMayor everyone whoCora attended! McFadden, and Mayor Bill Bell.
8 of the 9 political candidates endorsed by TAA-PAC won their races!
In collaboration with AANC and other affiliates, we successfully advocated for the passage of SB 224, which enshrines in law the ability to collect fees incurred during the eviction process. 90 TAA Volunteers participated in Legislative Days at AANC's Education & Legislative Conference (Cover Photo)
TRIANGLE APARTMENT ASSOCIATION
TAA Volunteers at AANC's Education & Legislative Conference met with Senator Rabin
WWW.TRIANGLEAPTASSN.ORG
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Supportive Sponsors
Thank you to the following companies who supported the TAA in 2018 by sponsoring a class/event or advertising with us. We wouldn’t be able to do what we do without them!
1st Choice Construction Management, LLC
Loebsack & Brownlee, PLLC
ACES Cleaning Service, Inc.
Maintenance Supply Headquarters
AFR Furniture Rental, Inc.
Night Owl National Contractors, Inc.
Apartments.com
PetScreening.com
Automatic Leasing Service, Inc.
Pioneering Technology Corp.
B2BUV, LLC
Ponce D. Moody Funding, LLC
BG Multifamily
PowerMaster Electric, Inc.
BluSky Restoration and Roofing
Real Floors, Inc.
Brownlee Whitlow & Praet, PLLC
Red Rhino Group
Career Strategies, Inc.
Redi Carpet, Inc.
Carolina Restoration Services, Inc.
Rent Ready
CORT Furniture Rental
RentPath, LLC
Drucker + Falk
Rentping, LLC
Element Service Group Mechanical
Response Team 1
Elite Flooring
RestorePro Reconstruction, Inc.
Elite Property Services
Rite Rug Flooring Company
Epproach Communications
SERVPRO of N Raleigh, Wake Forest & N Durham
Full House Marketing
Sherwin Williams Paints
Google Fiber
Spangler Restoration
GreenView Partners
The Liberty Group
Groundworks Landscape
Tidal Electrical Services, Inc.
HD Supply - Facilities Maintenance
TradeMark Property Services, Inc.
Kindberg Contract Services, Inc.
Trane Company
Leaf & Limb Luxer One - Locker Solutions
Turner Asphalt, Inc. Valet Living, LLC Below: December After Work Networking Toys for Tots Drive
TRIANGLE APARTMENT ASSOCIATION
WWW.TRIANGLEAPTASSN.ORG
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Business Partners
A special thanks go to the 2018 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
WWW.TRIANGLEAPTASSN.ORG
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Financial Reporting
Statement of Financial Position
Below: Multifamily Mind Seminar
TRIANGLE APARTMENT ASSOCIATION
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Financial Reporting
Statement of Activities
TAA Board of Directors Day of Service
Distribution of Income
Chart includes accounts greater than $1000 TRIANGLE APARTMENT ASSOCIATION
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Testimonials TAA has provided me with countless networking opportunities and has greatly aided my transition from Property Manager to a great role as a vendor/supplier!
- Akeshia Thomas
TAA has given me a platform to create new friendships and relationships. Most importantly, to serve with people who care about making our corner of the world a better place. At the end of the day we are all working together to provide people one of life's most important things, - Josh Scholl their homes.
TAA has been extremely valuable to my professional career. The educational offerings, the networking opportunities, and the volunteer roles have helped me tremendously.
- Julie Chu Zhang
Moving back to NC after being away for 22 years, and in a different career path altogether, had its challenges with knowing relatively no one here in the Triangle area. Becoming actively involved with TAA and in its committees and events has proven to be quite beneficial and rewarding.
- David Lowery
Check out our Facebook page for more testimonials of how TAA has helped our members personally and professionally in our Monday "Volunteer Spotlights". TRIANGLE APARTMENT ASSOCIATION
WWW.TRIANGLEAPTASSN.ORG
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Board of Directors President Claire Michael, CAM Fairfield Residential, LLC
Vice President April Vasta, CAPS, CAM
Treasurer Kelli Lea, CAM, NAAEI
Blue Ridge Companies, Inc.
Greystar
Secretary Rita Zepeda, CPM, CAPS, CAM, ARM
Immediate Past President Andy Meador, CAMT
PRG Real Estate Management, Inc.
McDowell Properties, LLC
Directors Rob Boggs, CAM
Julie Chu Zhang, CAPS, CAM
TriBridge Residential, LLC
Bell Partners, Inc.
Berry Craven, CAMT
Steve Hayworth
Ginkgo Residential, LLC
Drucker + Falk
Kristi Henderson
Craig Nardi, CPM
Redi Carpet, Inc.
S.L. Nusbaum Realty Co.
Cindy Nitschke, CAS
Rebecca Rosario-Bueno, NALP, CAM, NAAEI
Valet Living, LLC
Full House Marketing
Judy Wade, CAPS, CAM
Chris Williams
TradeMark Residential Properties, Inc.
RentPath, LLC
General Counsel Norm Praet Brownlee Whitlow & Praet, PLLC
TRIANGLE APARTMENT ASSOCIATION
WWW.TRIANGLEAPTASSN.ORG
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Committee Co-Chairs Education: Paula Kotarakos Derek Tarrant Kathy Woodard
Government Affairs: Katy Boone Craig Nardi
Independent Rental Owner: Michel Charbonnier Tim Masters
Membership: Robyn Gastol Elizabeth Godwin Riley
PR & Community Outreach: Bret Smith Akeshia Thomas
Products & Services: Chad Anderson Chris Fortune
Special Events: Becki Hale Cindy Nitschke
XCEL: Rob Boggs Josh Scholl
TAA Staff Josie H. Eatmon
Suzanne Pratt
Executive Director
Director of Professional Development
Vicki Franciosi
Susan Williams
Meetings & Events Director
Finance Director
Dustin Engelken
Candace Patrick
Government Affairs Director
Membership & Marketing Manager
Meg Palumbo
Alyssa Clair
Communications Manager
Education Coordinator
Jessica Esposito
Dan Pauley
Events Coordinator
Accounting Associate
Ariel Rosario Member Services Coordinator
TRIANGLE APARTMENT ASSOCIATION
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What's Next? Get Involved Join a committee and help shape the future of the association!
Register Online Register online NOW for the next 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
WWW.TRIANGLEAPTASSN.ORG
7920 ACC Blvd., Suite 220 Raleigh, NC 27617
Ph: 919-782-1165 taa@triangleaptassn.org www.TriangleAptAssn.org
/TriangleAptAssn @nctaa