PROPERTY MANAGEMENT ASSOCIATION OF MICHIGAN

EIN: 383156768

Okemos, MI

Total Revenue
$357,219
Total Expenses
$313,861
Total Assets
$241,933
Net Assets
$227,099
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MI
Principal Officer
Mary Howell
Phone
5177211293
Tax Period
2025-01-01 to 2025-12-31

PROPERTY MANAGEMENT ASSOCIATION OF MICHIGAN, founded in 1993, is a small nonprofit that reported $357K in total revenue in fiscal year 2025. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $314K left a modest 12% surplus.

Mission

PMAM is the State Association that provides support to the four local associations in Michigan in the area of property management education legislation and recognition. Our mission is To support the local associations and their members through advocacy education and leadership development while recognizing excellence.

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Trantor Score

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

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $146,736
Program Service Revenue $204,645
Investment Income $5,838
Other Revenue $0
TOTAL REVENUE $357,219

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $249,158
Other Expenses $313,861
TOTAL EXPENSES $313,861

Year-over-Year Comparison

2025 2024 Change
Revenue $357,219 $311,158 +0.1%
Expenses $313,861 $299,339 +0.0%
Net Income $43,358 $11,819 +2.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
25

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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brianna Williams Director 1.00
Director
$0 $0 $0
Corinne Russo Director 1.00
Director
$0 $0 $0
Mike Culver Director 1.00
Director
$0 $0 $0
Sarah Marshall Director 1.00
Director
$0 $0 $0
Chris Brennan Director 1.00
Director
$0 $0 $0
Sheri Bretz Director 1.00
Director
$0 $0 $0
Mary Howell President 1.00
Officer
$0 $0 $0
Doug Marcum Past President 1.00
Officer
$0 $0 $0
Naomi Wolfe Vice President 1.00
Officer
$0 $0 $0
James Gromer Board Secretary 1.00
Officer
$0 $0 $0
Andrew Addy Board Treasurer 1.00
Officer
$0 $0 $0
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 $357,219 $313,861 $241,933 $43,358
2024 $311,158 $299,339 $194,335 $11,819
2023 $310,092 $293,961 $250,591 $16,131
2022 $296,225 $275,618 $192,186 $20,607
2021 $250,964 $214,044 $185,721 $36,920
2020 $150,726 $156,185 $116,685 $-5,459
2019 $302,635 $276,498 $129,549 $26,137
2018 $269,600 $253,877 $96,352 $15,723
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