Apartment communities are filled with people who are hungry for relationships but one study suggests that half of apartment residents dont have any friends where they live. Apartment Lifes passion is to meet that need while transforming lives and providing clear business value for our clients. Apartment Life is a faith-based non-profit organization that has been serving the apartment industry since 2000. We believe every individual is created for community and that we are called to love our neighbor as ourselves. Our goal is to live this out while providing strong business value to apartment owners. As a faith-based organization we are committed to Fair Housing guidelines to ensure that all residents are treated fairly equally and consistently. We perform our responsibilities and conduct our behavior based on a foundation of core values which shape our culture define our character and guide how we make decisions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.3M
+7.2% YoY
Annual Giving
$35K
Grant Count
2
Avg Grant Size
$18K
About Apartment Life Inc
Based on IRS filings
Apartment Life Inc is a nonprofit organization focused on Religion Related, based in BEDFORD, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it awarded 2 grants totaling $35K. Net investment income was $279K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,271,165 | $7,715,807 | $7,187,942 |
| Revenue | $32,194,885 | $31,052,845 | $26,897,610 |
| Expenses | $31,766,271 | $30,126,166 | $26,341,342 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $278,762 | $366,795 | $85,853 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lionheart Children s Academy ($30,000), Community Impact Fund ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Community Impact Fund Greenwood Village, CO | Donation | $5,000 |
| Lionheart Children s Academy Bedford, TX | Donation | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Pete Kelly | CEO | 40 | $271,519 |
| Kelly Kimberlin | Divisional Pres | 40 | $184,056 |
| Kelly Jones | COO | 40 | $183,971 |
| David Marshall | Divisional Pres | 40 | $158,740 |
| Jaclyn Ratzlaff | Divisional Pres | 40 | $168,308 |
| Kiley Sharp | Divisional Pres | 40 | $158,869 |
| Randall Ginnan | VP Ptnr Relations | 40 | $159,025 |
| Ryan Williams | CPO | 40 | $137,191 |
| Stan Dobbs | Founder | 40 | $125,000 |
| Sommer Clayman | CFO | 40 | $133,033 |
| David Moore | Director | — | — |
| John Hinckley | Director | — | — |
| Chris Wheel | Director | — | — |
| Ernest Martin | Director | — | — |
| Roger Beless | Director | — | — |
| Tom Bumpass | Director | — | — |
| Chantel McHenry | Director | — | — |
| Bruno Molina | Director | — | — |
| David Oelfke | Director | — | — |
| Zach Springer | Director | — | — |
| Donna Summers | Director | — | — |
| JoAnn Blaylock | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Apartment Life Inc?
Apartment Life Inc is a nonprofit organization focused on Religion Related, based in BEDFORD, TX. It holds $8.3M in total assets as of 2024.
How large is Apartment Life Inc?
As of 2024, Apartment Life Inc holds $8.3M in total assets with $32.2M in annual revenue. It awarded 2 grants totaling $35K in 2024.
Where does Apartment Life Inc operate?
Apartment Life Inc has awarded grants in Colorado, Texas.
What size grants does Apartment Life Inc award?
In 2024, Apartment Life Inc awarded 2 grants totaling $35K — an average of about $18K per grant, based on its IRS Form 990 filings.
What is Apartment Life Inc's EIN?
Apartment Life Inc's EIN (Employer Identification Number) is 75-2868621. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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