PROPERTY MANAGEMENT ASSOCIATION INC (EIN 521116559) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

THOMAS COHN

Phone

3016579200

Tax Period

2024-01-01 to 2024-12-31

PROPERTY MANAGEMENT ASSOCIATION INC, founded in 1978, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Expenses of $1.6M left a modest 7% surplus.

Mission

THE ASSOCIATION'S PRIMARY EXEMPT PURPOSE IS TO ESTABLISH A PERMANENT TRADE ASSOCIATION IN THE RESIDENTIAL AND COMMERCIAL LEASING AND MANAGEMENT INDUSTRY FOR THE INTEREST, ADVANCEMENT AND WELFARE OF OWNERS, MANAGERS AND SUPERVISORY EMPLOYEES OF COMMERCIAL AND RESIDENTIAL PROPERTIES; TO PROMOTE A FRATERNAL RELATIONSHIP AND HIGH STANDARD OF BUSINESS ETHICS AND FAIR PRACTICE AMONG MEMBERS; TO REESTABLISH AND PROMOTE EDUCATION, AND TO PROVIDE A MEDIUM OF EXCHANGE OF IDEAS ON EFFICIENT METHODS OF OPERATION AND PROGRESSIVE POLICIES OF MANAGEMENT.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,580,312

Investment Income $130,222

Other Revenue $0

TOTAL REVENUE $1,710,534

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,592,428

TOTAL EXPENSES $1,592,428

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,710,534	$1,613,373	+0.1%
Expenses	$1,592,428	$1,628,820	0.0%
Net Income	$118,106	$-15,447	-8.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

246

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RASHEEDAH AHMAD	PRESIDENT	4.00	Officer Director	$0	$0	$0
LEWIS SHAPIRO	PRESIDENT-ELECT	4.00	Officer Director	$0	$0	$0
THOMAS RUCKER	PAST PRESIDENT	4.00	Officer Director	$0	$0	$0
TONY PERICHINO	SECRETARY-TREASURER	4.00	Officer Director	$0	$0	$0
MERIDITH COULES	DIRECTOR	3.00	Director	$0	$0	$0
ROSALYNN PERRY	DIRECTOR	3.00	Director	$0	$0	$0
SAMI SATOURI	DIRECTOR	3.00	Director	$0	$0	$0
THOMAS B COHN	EXECUTIVE VICE-PRESIDENT	20.00	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
2024	$1,710,534	$1,592,428	$936,302	$118,106
2023	$1,613,373	$1,628,820	$859,823	$-15,447
2022	$1,588,623	$1,654,567	$1,192,301	$-65,944
2021	$1,371,115	$1,324,546	$1,703,216	$46,569
2020	$631,130	$877,077	$2,073,124	$-245,947
2019	$1,835,322	$1,874,761	$1,424,435	$-39,439
2018	$1,745,869	$1,803,926	$1,347,171	$-58,057

PROPERTY MANAGEMENT ASSOCIATION INC