Apartment Life

The information on this page was last updated 5/18/2023. If you see errors or omissions, please email: [email protected]


Apartment Life is a faith-based, non-profit organization that has been serving the apartment industry since 2000.

Contact information

Mailing address:
Apartment Life
PO Box 650951
Dallas, TX 75265

Website: apartmentlife.org

Phone: 817-685-2963

Email: [email protected]

Organization details

EIN: 752868621

CEO/President: Pete Kelly

Chairman: Keith Dunkin

Board size: 14

Founder: Stan Dobbs

Ruling year: 2000

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2020


Community is good for both people and business. Unfortunately, many apartment residents feel completely disconnected from their neighbors.

Apartment Life helps apartment owners care for residents by connecting them in relationships. This, in turn, helps improve the community's financial performance through online reputation, resident satisfaction, and resident retention. Changing business. Changing lives.

Mission statement

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.

Statement of faith

Donor confidence score

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Transparency grade


To understand our transparency grade, click here.

Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating36 of 109711 of 142
Fund acquisition rating235 of 109930 of 142
Resource allocation rating43 of 109913 of 142
Asset utilization rating68 of 109711 of 142

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Balance sheet
Receivables, inventories, prepaids$603,493$1,018,749$778,216$659,472$273,782
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$5,617,960$4,526,118$2,292,967$1,746,734$1,687,866
Long-term investments$50,000$50,000$0$0$0
Fixed assets$0$0$2,223$4,646$7,835
Other long-term assets$139,966$119,642$127,499$35,356$0
Total long-term assets$189,966$169,642$129,722$40,002$7,835
Total assets$5,807,926$4,695,760$2,422,689$1,786,736$1,695,701
Payables and accrued expenses$12,764$74,090$230,573$64,310$251,195
Other current liabilities$472,343$0$0$0$93,660
Total current liabilities$485,107$74,090$230,573$64,310$344,855
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,907,736$1,733,054$962,548$911,608$649,163
Total long-term liabilities$1,907,736$1,733,054$962,548$911,608$649,163
Total liabilities$2,392,843$1,807,144$1,193,121$975,918$994,018
Net assets20212020201920182017
Without donor restrictions$3,338,643$2,826,546$1,216,103$795,613$193,989
With donor restrictions$76,440$62,070$13,465$15,205$507,694
Net assets$3,415,083$2,888,616$1,229,568$810,818$701,683
Revenues and expenses
Total contributions$18,724,018$17,703,095$15,159,010$12,806,218$12,310,160
Program service revenue$4,725,835$4,030,809$3,760,519$3,199,273$2,677,178
Membership dues$0$0$0$0$0
Investment income$47,716$9,453$4,627$27,134$2,156
Other revenue$61,278$23,837($118,988)($88,257)$12,812
Total other revenue$4,834,829$4,064,099$3,646,158$3,138,150$2,692,146
Total revenue$23,558,847$21,767,194$18,805,168$15,944,368$15,002,306
Program services$21,543,429$19,105,666$17,375,864$14,912,700$13,682,367
Management and general$968,694$825,067$815,856$913,133$844,848
Total expenses$23,032,380$20,108,146$18,386,418$15,835,233$14,602,604
Change in net assets20212020201920182017
Surplus (deficit)$526,467$1,659,048$418,750$109,135$399,702
Other changes in net assets$0$0$0$0$0
Total change in net assets$526,467$1,659,048$418,750$109,135$399,702


Stan DobbsFounder$424,000
Pete KellyCEO$242,976
Pete WaymanCFO$175,000
Kelly JonesCOO$155,532
David MarshallRegional President$150,760
Randall GinnanRegional President$143,739
Jaclyn RatzlaffDivision Pres.$137,742
Kiley SharpDivision Pres$136,674
Joseph DavisDiv. President$129,230
Sean BaileyVP, Customer Exp$109,111
Daniel FalconeRegional President$107,321
Sommer ClaymanCFO$58,591

Compensation data as of: 12/31/2021

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/18/2023. To update the information below, please email: [email protected]


After a career in the computer industry, Stan attended seminary in Fort Worth Texas and developed a passion for serving apartment communities while on staff at a church. Seeing the apartment industry's need for help in creating real community, Stan launched Apartment Life in 2000 with the support of several apartment industry executives, many of whom serve on the Board of Directors. Stan lives in the Dallas/Fort Worth area with his wife Vicky. They have four children - Amelia, Aaron, Elliott, and Graham.

Program accomplishments