SeeBITDAOklahoma

Apartment Association of Central Oklahoma

  • 6501 Broadway Ext. Suite 240, Oklahoma City, OK
  • Since 2007
Nonprofit
Reported revenueReported figures
$563K
$535Klikely range$591K
Revenue
$563K
a year
Profit (EBITDA)
$204K
36% of revenue
Employees
3
reported in 2020
Lita Vesely, CAM
President · source

How we got $563K

Based on IRS Form 990 (2025).

Reported revenue, IRS Form 990 (2025)$563K
× 36% profit margin$204K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
Reported financials
Company website
Owner named

What they do

The Apartment Association of Central Oklahoma (AACO) is a membership association that strengthens the rental housing industry through advocacy and education and relationship-building. Its membership benefits include legislative advocacy, educational opportunities, networking events, and a membership directory listing.

Products & services
Legislative AdvocacyEducational OpportunitiesNetworking EventsMembership Directory ListingRewarding Volunteer OpportunitiesAdvertising and Sponsorship OpportunitiesAccess to Decision-MakersBuild Business RelationshipsIncludes Membership with NAAFree Market SurveyPublic Service InformationCAMT (Certification for Apartment Maintenance Technicians)
Markets served
rental housing industry
Service area
Oklahoma CityCentral Oklahoma
Certifications
CAMT (Certification for Apartment Maintenance Technicians)

From the company's website. Industry: Churches & nonprofits.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
APARTMENT ASSOCIATION OF CENTRAL OKLAHOMA
this business
$563K$204K—
OKLAHOMA FUNERAL DIRECTOR ASSOCIATION
Oklahoma City · 1 employees
$277K$118K0.2 mi
OKLAHOMA SECONDARY SCHOOL ACTIVITIES
Oklahoma City · 15 employees
$4.2M$1.2M0.5 mi
THIRST WINE MERCHANTS, LLC
Oklahoma City · 13 employees
$4.6M$1.4M0.6 mi
OKLAHOMA GROCERS ASSOCIATION
Oklahoma City · 5 employees
$118K$50K1.0 mi
OKLAHOMA STATE HOME BUILDERS ASSOCIATION
Oklahoma City · 3 employees
$689K$249K1.1 mi
OKLAHOMA OPTOMETRIC ASSOCIATION
Oklahoma City · 4 employees
$1.1M$369K1.4 mi

The full calculation

Calibrated: revenue lowered to 61% of the industry-average estimate, to match what businesses in this industry actually report.

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.

Revenue range$535K – $591K
EBITDA range$193K – $214K
Industry (NAICS)Business, professional, labor, political, and similar organizations (813940)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Leadership

  • KL
    Karey Landers
    Executive Dir. · $74K pay (Form 990)
  • LV
    Lita Vesely
    President · Form 990
  • NJ
    Nick Jones
    Vice President · Form 990
  • JR
    Jessica Riddle
    Treasurer · Form 990
  • RM
    Rachel Maginnis
    Secretary · Form 990
  • CM
    Clay Mantano
    Director · Form 990
  • AW
    Amy Watson
    Director · Form 990
  • JC
    Jim Corina
    Director · Form 990
  • RR
    Rebekah Rawlins
    Director · Form 990
  • SM
    Summer Muno
    Director · Form 990
  • PC
    Paul Caudillo
    Director · Form 990
  • AR
    Amy Rachel
    Director · Form 990

Advisors

  • AccountingHBC CPAs & AdvisorsPrepared its Form 990
  • BankingProsperity BankPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

Prosperity Bank
PPP 2020, PPP 2021
All 748 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/30/2020first$21K$22K3Prosperity Bank
3/16/2021second$21K$22K2Prosperity Bank

Public records

IRS Form 990
Nonprofit
Revenue (2025)$563K
Assets$138K
Tax-exempt since2019

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Apartment Association of Central Oklahoma

Apartment Association of Central Oklahoma is a churches & nonprofits company in Oklahoma City, Oklahoma, in business since 2007. It is owned by Lita Vesely, CAM (President). Its reported annual revenue is about $563K, with roughly $204K of EBITDA. It has about 3 employees.

Common questions

Who owns Apartment Association of Central Oklahoma?
Apartment Association of Central Oklahoma is owned by Lita Vesely, CAM (President), according to public sources such as the company's website or filings.
How much revenue does Apartment Association of Central Oklahoma make?
Apartment Association of Central Oklahoma reported revenue of about $563K.
How many employees does Apartment Association of Central Oklahoma have?
About 3, as reported on its PPP loan.
When was Apartment Association of Central Oklahoma founded?
Apartment Association of Central Oklahoma has been in business since 2007.