Apartment Life

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/30/2021. To update the information in this column, please email: info@ministrywatch.com


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: info@apartmentlife.org

Organization details

EIN: 752868621

CEO/President: Pete Kelly

Chairman: Keith Dunkin

Board size: 15

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 rating10 of 10223 of 76
Fund acquisition rating107 of 10246 of 76
Resource allocation rating36 of 10243 of 76
Asset utilization rating22 of 10223 of 76

Financial ratios

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Balance sheet
Receivables, inventories, prepaids$778,216$659,472$273,782$231,975$260,858
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,292,967$1,746,734$1,687,866$958,809$920,745
Long-term investments$0$0$0$0$0
Fixed assets$2,223$4,646$7,835$12,447$12,973
Other long-term assets$127,499$35,356$0$1,014$4,964
Total long-term assets$129,722$40,002$7,835$13,461$17,937
Total assets$2,422,689$1,786,736$1,695,701$972,270$938,682
Payables and accrued expenses$230,573$64,310$251,195$66,231$49,165
Other current liabilities$0$0$93,660$104,166$32,235
Total current liabilities$230,573$64,310$344,855$170,397$81,400
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$962,548$911,608$649,163$499,892$554,533
Total long-term liabilities$962,548$911,608$649,163$499,892$554,533
Total liabilities$1,193,121$975,918$994,018$670,289$635,933
Net assets20192018201720162015
Without donor restrictions$1,216,103$795,613$193,989$16,576$302,749
With donor restrictions$13,465$15,205$507,694$285,405$0
Net assets$1,229,568$810,818$701,683$301,981$302,749
Revenues and expenses
Total contributions$15,159,010$12,806,218$12,310,160$11,198,355$10,386,667
Program service revenue$3,760,519$3,199,273$2,677,178$2,570,999$2,435,674
Membership dues$0$0$0$0$0
Investment income$4,627$27,134$2,156$1,537$3,273
Other revenue($118,988)($88,257)$12,812$20,170$12,885
Total other revenue$3,646,158$3,138,150$2,692,146$2,592,706$2,451,832
Total revenue$18,805,168$15,944,368$15,002,306$13,791,061$12,838,499
Program services$17,375,864$14,912,700$13,682,367$12,885,814$12,007,860
Management and general$815,856$913,133$844,848$857,473$793,911
Total expenses$18,386,418$15,835,233$14,602,604$13,791,829$12,837,757
Change in net assets20192018201720162015
Surplus (deficit)$418,750$109,135$399,702($768)$742
Other changes in net assets$0$0$0$0$0
Total change in net assets$418,750$109,135$399,702($768)$742


Stan DobbsFounder$275,000
Pete KellyCEO$213,826
Kelly JonesCOO$134,967
David MarshallRegional Pres.$131,107
Pete WaymanCFO$129,024
Joseph DavisRegional Pres.$119,626
Daniel FalconeRegional Pres.$114,762
Randall GinnanRegional Pres.$114,672
Kiley SharpDivision Pres.$113,441
Jaclyn RatzlaffDivision Pres.$104,368
David HickmanRegional Pres.$103,835

Compensation data as of: 12/31/2019

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 11/30/2021. To update the information below, please email: info@ministrywatch.com


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