TY 2015 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) ELIJAH A WILKERSON......................................................................
EXEC VP

1.00
.................

(2) BARRY SCRIBNER......................................................................
TREASURER

1.00
.................

(3) DARLENE MCCOY......................................................................
DIR OF CHAPT

1.00
.................

(4) DEL EULBERGH......................................................................
PRESIDENT

1.00
.................

(5) CHRIS COLE......................................................................
SECRETARY

1.00
.................

(6) JON R MOORE......................................................................
EXEC DIR

15.00
.................

70,378

(7) MONA B PEARSON......................................................................
DEPUTY EXEC

15.00
.................

59,899

1,760

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

CONTENT COMMUNICATORS,
PO BOX 223056
CHANTILLY,VA20153

PUBLISHING

168,751

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1..................	3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................	2e
3	Subtract line 2e from line 1...................	3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

PROFESSIONAL HOUSING MANAGEMENT
ASSOCIATION

Employer identification number

23-7445734

Return Reference	Explanation
FORM 990 - ORGANIZATION'S MISSION	THE ORGANIZATION IS A TRADE ASSOCIATION FOR PROFESSIONAL HOUSING MANAGERS. THE MISSION OF PHMA IS TO CONTRIBUTE TOWARDS BETTER QUALITY HOUSING FOR OUR MILITARY MEMBERS AND THEIR FAMILIES BY CONTINUOUSLY RAISING THE LEVEL OF PROFICIENCY AND PROFESSIONALISM WITHIN THE MILITARY SERVICES' HOUSING MANAGEMENT PROFESSION THROUGH IMPROVED COMMUNICATIONS AND NETWORKING; EDUCATION AND TRAINING; CERTIFICATION PROGRAMS; AND PROFESSIONAL RECOGNITION.
FORM 990, PAGE 1, PART I, LINE 6	MEMBERS OF THE BOARD OF DIRECTORS SERVE WITHOUT COMPENSATION.
FORM 990, PAGE 6, PART VI, LINE 2	MONA PEARSON JON R MOORE EXE DIRECTOR DEPUTY EXEC FAMILY RELATIONSHIP
FORM 990, PAGE 6, PART VI, LINE 4	THE ARTICLES OF INCORPORATION WERE AMENDED TO DELETE. SECTION 3 OF SUCH ARTICLES AND TO SUBSTITUTE THE FOLLOWING SECTION 3 IN ITS PLACE: 3. IF FOR ANY REASON IT BECOMES NECESSARY TO DISSOLVE OR LIQUIDATE THE CORPORATION, THE REMAINING ASSETS OF THE CORPORATION, AFTER ITS LAWFUL OBLIGATIONS AND ALL OTHER REQUIREMENTS OF LAW ARE MET AND COMPLIED WITH, SHALL BE TRANSFERRED OR CONVEYED TO ONE OR MORE CORPORATIONS, SOCIETIES, ORGANIZATIONS ENGAGED IN ACTIVITIES SIMILAR TO THOSE OF THE CORPORATION AND QUALIFYING UNDER SECTION 501(C) (6) OR SECTION 50 1(C)(3) OF THE INTERNAL REVENUE CODE, AS FROM TIME TO TIME AMENDED, AS MAY BE SPECIFIED IN A PLAN OF DISTRIBUTION ADOPTED AS REQUIRED BY LAW OR AS DIRECTED BY A COURT OF COMPETENT JURISDICTION.
FORM 990, PAGE 6, PART VI, LINE 7A	PHMA'S VISION, MISSION AND OBJECTIVES ARE ANNUALLY REVIEWED BY A PRESIDENT, EXECUTIVE VICE PRESIDENT, AND EIGHT ELECTED MEMBERS OF THE BOARD OF DIRECTORS, WHOSE ESSENTIAL FUNCTION IS TO OVERSEE, AT THE ANNUAL BOARD AND GENERAL MEMBERSHIP MEETING, IN BROAD TERMS, THE SUCCESSFUL EXECUTION OF PHMAS VISION, MISSION AND OBJECTIVES BY THE CENTRAL OFFICE. THEY SERVE WITHOUT COMPENSATION.
FORM 990, PAGE 6, PART VI, LINE 11B	THE TREASURER IS RESPONSIBLE FOR GENERAL OVERSIGHT OF OFFICIAL FINANCIAL FILES PREPARED AND MAINTAINED BY THE EXECUTIVE DIRECTOR AND THE CENTRAL OFFICE, INCLUDING RELATED DOCUMENTS OF THE ASSOCIATION AND REQUIRED IRS REPORTS.
FORM 990, PAGE 6, PART VI, LINE 12C	THE CONFLICTS OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK. IT IS MONITORED AND ENFORCED AS FOLLOWS. "IF YOU HAVE ANY INFLUENCE ON TRANSACTIONS INVOLVING PURCHASES, CONTRACTS, OR LEASES, IT IS IMPERATIVE THAT YOU DISCLOSE THIS FACT TO AN OFFICER OF PHMA AS SOON AS POSSIBLE. BY ALERTING US TO THE EXISTENCE OF ANY ACTUAL OR EVEN A POTENTIAL CONFLICT OF INTEREST, WE CAN ESTABLISH SAFEGUARDS TO PROTECT ALL PARTIES. PHMA TAKES THE PERCEPTION OF CONFLICT OF INTEREST VERY SERIOUSLY. FAILURE TO DISCLOSE A POTENTIAL CONFLICT OF INTEREST TO AN OFFICER OF PHMA COULD IMPACT YOUR EMPLOYMENT WITH PHMA." EVERYONE IS REQUIRED TO SIGN AN EMPLOYEE ACKNOWLEDGEMENT FORM UPON RECEIVING THE EMPLOYEE HANDBOOK. OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS AT ANNUAL MEETINGS.
FORM 990, PAGE 6, PART VI, LINE 15A	THE EXECUTIVE DIRECTOR IS HIRED AS AN EMPLOYEE OF PHMA BY THE EXECUTIVE COUNCIL, FOR A BASE YEAR, WITH NO LIMIT ON OPTION YEARS. EITHER PARTY MAY TERMINATE EMPLOYMENT BY 90 DAYS WRITTEN NOTICE. THE SALARY OF THE EXECUTIVE DIRECTOR IS SET IN THE BASE YEAR AT A SALARY COMMENSURATE WITH AMOUNTS PAID BY OTHER ASSOCIATIONS OF THE SAME GENERAL BUDGET AMOUNTS IN THE WASHINGTON AREA AND BASED ON THE EXPERIENCE OF THE EMPLOYEE. BASED ON SATISFACTORY PERFORMANCE, THE EXECUTIVE DIRECTOR IS ELIGIBLE FOR A MAXIMUM ANNUAL SALARY INCREASE OF 5%.
FORM 990, PAGE 6, PART VI, LINE 15B	THE EXECUTIVE DIRECTOR IS AUTHORIZED TO HIRE AND ESTABLISH SALARIES FOR THE DEPUTY EXECUTIVE DIRECTOR AND OTHER CENTRAL OFFICE STAFF AS REQUIRED. PERSONNEL MAY BE HIRED AS EMPLOYEES OR INDEPENDENT CONTRACTORS. THE SALARY OF THE DEPUTY EXECUTIVE DIRECTOR IS SET IN THE BASE YEAR AT A SALARY COMMENSURATE WITH AMOUNTS PAID BY OTHER ASSOCIATIONS OF THE SAME GENERAL BUDGET AMOUNTS IN THE WASHINGTON AREA AND BASED ON THE EXPERIENCE OF THE EMPLOYEE. BASED ON SATISFACTORY PERFORMANCE, THE DEPUTY EXECUTIVE DIRECTOR IS ELIGIBLE FOR A MAXIMUM ANNUAL SALARY INCREASE OF 5%.
FORM 990, PAGE 6, PART VI, LINE 19	ON WEBSITE AND UPON REQUEST

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: THE ORGANIZATION IS A TRADE ASSOCIATION FOR PROFESSIONAL HOUSING MANAGERS. THE MISSION OF PHMA IS TO CONTRIBUTE TOWARDS BETTER QUALITY HOUSING FOR OUR MILITARY MEMBERS AND THEIR FAMILIES BY CONTINUOUSLY RAISING THE LEVEL OF PROFICIENCY AND PROFESSIONALISM WITHIN THE MILITARY SERVICES' HOUSING MANAGEMENT PROFESSION THROUGH IMPROVED COMMUNICATIONS AND NETWORKING; EDUCATION AND TRAINING; CERTIFICATION PROGRAMS; AND PROFESSIONAL RECOGNITION.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	6
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	5
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	6
6	Total number of volunteers (estimate if necessary) .............	6	10
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	94,239
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	-9,245

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........		0
9	Program service revenue (Part VIII, line 2g) .........	384,283	131,746
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	599	95
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	-1,345	-9,245
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	383,537	122,596
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	10,900	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	263,658	23,029
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	451,589	246,216
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	726,147	269,245
19	Revenue less expenses. Subtract line 18 from line 12.......	-342,610	-146,649
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	714,466	587,996
21	Total liabilities (Part X, line 26).............		20,179
22	Net assets or fund balances. Subtract line 21 from line 20.....	714,466	567,817

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 252,803 including grants of $ ) (Revenue $ )
	THE ORGANIZATION IS A TRADE ASSOCIATION FORMED TO PROVIDE A CENTRAL NETWORK OF INFORMATION AND TRAINING FOR PROFESSIONAL HOUSING MANAGERS.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses252,803

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	130,277	1,760

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a-1f:$
h Total.Add lines 1a-1f.......

		Business Code
2a	ADVERTISING INCOME	511120	118,889	15,405	103,484
b	DUES INCOME		23,145	23,145
c	EVENTS INCOME		1,533	1,533
d	MISCELLANEOUS INCOME		1,224	1,224
e	ALLOCATED TO CIRCULATION		-13,045	-13,045
f	All other program service revenue.
g Total.Add lines 2a–2f.....			131,746

3 Investment income (including dividends, interest, and othersimilar amounts) ..........			95			95
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss).....
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	PARTNERSHIP INCOME		523920	-9,245		-9,245
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			-9,245
12	Total revenue. See Instructions......			122,596	28,262	94,239	95

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to individuals in the United States. See Part IV, line 22
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....	15,089	15,089
7	Other salaries and wages	5,350	5,350
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	253		253
9	Other employee benefits .......
10	Payroll taxes ...........	2,337	2,337
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	6,413		6,413
c	Accounting ...........	4,022		4,022
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	23,291	23,291
12	Advertising and promotion ....
13	Office expenses .......	4,868		4,868
14	Information technology ......	2,481	2,481
15	Royalties ..
16	Occupancy ...........
17	Travel ............	2,396	2,396
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	29,219	29,219
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	10,678	10,678
23	Insurance ...	4,086	4,086
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	READERSHIP COST	120,169	120,169
b	ADVERTISING - DIRECT COST	37,707	37,707
c	DUES & SUBSCRIPTIONS	511		511
d	DONATIONS	365		365
e	All other expenses	10		10
25	Total functional expenses. Add lines 1 through 24e	269,245	252,803	16,442	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			19,425	1	100
2	Savings and temporary cash investments .........			232,158	2	135,691
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net ....				7
8	Inventories for sale or use ........				8
9	Prepaid expenses and deferred charges ......				9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	774,739
b	Less: accumulated depreciation	10b	322,635	462,782	10c	452,104
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			101	15	101
16	Total assets. Add lines 1 through 15 (must equal line 34)...			714,466	16	587,996

17	Accounts payable and accrued expenses .....		17
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D		25	20,179
26	Total liabilities. Add lines 17 through 25..	0	26	20,179

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets		27
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....		30
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds	714,466	32	567,817
33	Total net assets or fund balances ...........	714,466	33	567,817
34	Total liabilities and net assets/fund balances ........	714,466	34	587,996

1	Total number at end of year ....
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ....

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land ...	164,942		164,942
b	Buildings	415,431	128,269	287,162
c	Leasehold improvements
d	Equipment ...	141,579	141,579
e	Other ...	52,787	52,787
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				452,104

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

(a) Description of security or category (including name of security)	(b)Book value	(c)Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
N/P-MHLI	20,000
PAYROLL LIABILITIES	179
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	20,179
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII