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 rating17 of 10777 of 142
Fund acquisition rating150 of 107819 of 142
Resource allocation rating23 of 107810 of 142
Asset utilization rating52 of 107710 of 142

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Balance sheet
Receivables, inventories, prepaids$1,018,749$778,216$659,472$273,782$231,975
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$4,526,118$2,292,967$1,746,734$1,687,866$958,809
Long-term investments$50,000$0$0$0$0
Fixed assets$0$2,223$4,646$7,835$12,447
Other long-term assets$119,642$127,499$35,356$0$1,014
Total long-term assets$169,642$129,722$40,002$7,835$13,461
Total assets$4,695,760$2,422,689$1,786,736$1,695,701$972,270
Payables and accrued expenses$74,090$230,573$64,310$251,195$66,231
Other current liabilities$0$0$0$93,660$104,166
Total current liabilities$74,090$230,573$64,310$344,855$170,397
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,733,054$962,548$911,608$649,163$499,892
Total long-term liabilities$1,733,054$962,548$911,608$649,163$499,892
Total liabilities$1,807,144$1,193,121$975,918$994,018$670,289
Net assets20202019201820172016
Without donor restrictions$2,826,546$1,216,103$795,613$193,989$16,576
With donor restrictions$62,070$13,465$15,205$507,694$285,405
Net assets$2,888,616$1,229,568$810,818$701,683$301,981
Revenues and expenses
Total contributions$17,703,095$15,159,010$12,806,218$12,310,160$11,198,355
Program service revenue$4,030,809$3,760,519$3,199,273$2,677,178$2,570,999
Membership dues$0$0$0$0$0
Investment income$9,453$4,627$27,134$2,156$1,537
Other revenue$23,837($118,988)($88,257)$12,812$20,170
Total other revenue$4,064,099$3,646,158$3,138,150$2,692,146$2,592,706
Total revenue$21,767,194$18,805,168$15,944,368$15,002,306$13,791,061
Program services$19,105,666$17,375,864$14,912,700$13,682,367$12,885,814
Management and general$825,067$815,856$913,133$844,848$857,473
Total expenses$20,108,146$18,386,418$15,835,233$14,602,604$13,791,829
Change in net assets20202019201820172016
Surplus (deficit)$1,659,048$418,750$109,135$399,702($768)
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,659,048$418,750$109,135$399,702($768)


Stan DobbsFounder$286,135
Pete KellyCEO$241,881
Randall GinnanRegional President$156,170
Pete WaymanCFO$152,953
Joseph DavisRegional President$139,247
David MarshallRegional President$137,333
Jaclyn RatzlaffDivision Pres.$132,333
Kelly JonesCOO$127,640
Kiley SharpDivision Pres$119,752
Daniel FalconeRegional President$109,064
David HickmanRegional President$107,351

Compensation data as of: 12/31/2020

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