June 2025 | Page 26

2024-2025 Milestones
Financial Statements
OFFICIAL PUBLICATION • JULY 2024
OFFICIAL PUBLICATION • OCTOBER 2024
2024-2025 Milestones

Financial Statements

Consolidated Statements of Financial Position Year Ended June 30, 2024
ASSETS
Cash & Cash Equivalents
$
2,787,370
Investments
$
4,181,802
Accounts Receivable
$
229,576
Forms Inventory
$
0
Prepaid Expenses
$
100,032
Other Assets
$
12,180
Property & Equipment
$
123,593

Apartment Trends Magazine

AAMD ' s monthly Member publication continued to expand its readership as the Membership has continued to grow. Each issue sees increased online readership and social media engagement of the content provided.
Total Assets $ 8,119,975
LIABILITIES AND NET ASSETS
Liabilities
Accounts Payable
$
115,508
Accrued Liabilities
$
265,748
Deferred Revenue
$
2,770,755
Deferred lease Liabilities
$
696,091
2024-2025 AAMD PRESIDENT
Parke Pettegrew
Navigating Turbulence and Cruising Toward Friendlier Skies
Total Liabilities $ 3,839,102 Net Assets
Unrestricted
$
687,803
Unrestricted – Board Designated
$
3,593,070
Total Net Assets $ 4,280,873
Total Liabilities & Net Assets $ 8,119,975
DENVER
RISING
PART 32
Over 1,500 Affordable Units Opened in 2024
PAGE 14
REVENUE
Events & Functions
$
1,029,730
Membership
$
2,201, 297
Publications & Advertising
$
302,568
Gov’ t Affairs / Alliance
$
201,431
Education
$
482,242
Member Services
$
97,378
Management Fees
$
312,000
Other income
$
( 11,103)
Investment income( loss)
$
433,601
Total Revenue $ 5,049,144
EXPENSES
Program Services
$
3,675,458
Supporting Services Management & General
$
587,986
Fundraising
$
331,096
Total Expenses $ 4,594,540 Change in Net Assets $ 454,604
Net Assets at start of year $ 3,826,269 Net Assets at end of year $ 4,280,873
24 | TRENDS JUNE 2025 www. aamdhq. org