METROPOLITAN PROPERTY MANAGEMENT INC

EIN: 275170073 501(c)(3) Housing & Shelter

WASHINGTON, NC

Total Revenue
$4,093,267
Total Expenses
$4,178,247
Total Assets
$265,824
Net Assets
$-137,879
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NC
Principal Officer
JOSEPH MOORE
Phone
2529459039
Tax Period
2025-01-01 to 2025-12-31

METROPOLITAN PROPERTY MANAGEMENT INC, founded in 2011, is a community nonprofit in the Housing & Shelter sector that reported $4.1M in total revenue in fiscal year 2025.

Mission

THE ORGANIZATION'S MISSION IS TO IMPROVE THE QUALITY OF LIFE FOR LOW TO MODERATE INCOME PERSONS BY PROVIDING SAFE, QUALITY HOUSING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,091,143
Investment Income $2,124
Other Revenue $0
TOTAL REVENUE $4,093,267

Expense Breakdown

Grants Paid $140,955
Salaries & Benefits $3,577,299
Fundraising Expenses $0
Program Expenses $3,639,519
Other Expenses $459,993
TOTAL EXPENSES $4,178,247

Year-over-Year Comparison

2025 2024 Change
Revenue $4,093,267 $3,895,175 +0.1%
Expenses $4,178,247 $4,242,869 0.0%
Net Income $-84,980 $-347,694 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
69
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$101,130
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC WHITAKER BOARD CHAIR 1.00
Officer Director
$0 $0 $0
GARRICK WITHERSPOON VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOYCE O'NEAL SECRETARY 1.00
Officer Director
$0 $0 $0
MILDRED RANDOLPH TREASURER 1.00
Officer Director
$0 $0 $0
SOLOMON ORE JR DIRECTOR 1.00
Director
$0 $0 $0
PAULA MCCULLOUGH DIRECTOR 1.00
Director
$0 $0 $0
ERNEST REESE JR DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH MOORE EXECUTIVE DIRECTOR 40.00
Officer
$95,886 $5,244 $101,130
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,093,267 $4,178,247 $265,824 $-84,980
2024 $3,895,175 $4,242,869 $229,008 $-347,694
2023 $3,425,105 $3,123,029 $490,985 $302,076
2022 $2,794,460 $2,911,078 $166,613 $-116,618
2021 $2,757,842 $2,734,887 $123,293 $22,955
2020 $2,581,460 $2,458,366 $113,715 $123,094
2019 $2,174,938 $2,251,868 $50,818 $-76,930
2018 $2,004,740 $1,945,575 $96,853 $59,165
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare METROPOLITAN PROPERTY MANAGEMENT INC with other nonprofits in North Carolina and across the country.