BINGHAM FARMS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DETROIT METROPOLITAN APARTMENT ASSOCIATION, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $846K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $774K left a modest 8% surplus.
The DMAA was formed to provide education and legislative activity for the property management industry. We are the premier partner serving and inspiring everyone in the multifamily housing industry.
General membership meetings and othr networking events allow members to interact and learn from each other.
Educational sessions provide members with information needed to promote them in the industry and perform their jobs at a higher level.
Annual trade show to educate members and showcase products and services
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $845,691 | $746,091 | +0.1% |
| Expenses | $774,405 | $728,895 | +0.1% |
| Net Income | $71,286 | $17,196 | +3.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Patrina Smith | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Corrine Russo | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Valerie Hayhurst | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Howell | Past President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rochelle Cole | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Melanie Brown | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Shannon McMahon | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Chelsea Strudgeon | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Mike Kovalesky | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| James Spearman | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Teena Neal | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Stephanie Linton | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Sheri Bretz | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Khalil Muhammad | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Peggy Ellis | Association Executive | 40.00 |
Officer
|
$118,336 | $0 | $118,336 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $845,691 | $774,405 | $555,159 | $71,286 |
| 2024 | No data | No data | No data | No data |
| 2023 | $632,201 | $632,111 | $132,173 | $90 |
| 2022 | $452,143 | $513,517 | $149,229 | $-61,374 |
| 2021 | $364,390 | $364,520 | $209,513 | $-130 |
| 2020 | $297,783 | $334,239 | $209,542 | $-36,456 |
| 2019 | $364,732 | $430,170 | $277,121 | $-65,438 |
| 2018 | $368,132 | $437,317 | $321,766 | $-69,185 |
Compare DETROIT METROPOLITAN APARTMENT ASSOCIATION with other nonprofits in Michigan and across the country.