MARYLAND MULTI-HOUSING ASSOCIATION… - Form 990 Financial Data

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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

1996

Legal Domicile

Principal Officer

SEAN ORGAN

Phone

4108256868

Tax Period

2023-01-01 to 2023-12-31

MARYLAND MULTI-HOUSING ASSOCIATION INC, founded in 1996, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE COOPERATION WITHIN THE MULTI-HOUSING INDUSTRY THROUGH THE PURSUIT OF COMMON INTERESTS AND GOALS.

Program Service Accomplishments

Program 1

Expenses: $139,249 Revenue: $755,810

ADVOCATED AND PROMOTED SOUND BUSINESS PRACTICES AMONG MEMBERS OF THE ORGANIZATION IN THE INTEREST OF THE MULTI-HOUSING INDUSTRY AND THE GENERAL PUBLIC.

Program 2

Expenses: $85,739 Revenue: $405,585

SPONSORED AND PROMOTED CONVENTIONS FEATURING THE INDUSTRY, EDUCATIONAL PROGRAMS, SEMINARS, AND OTHER EDUCATIONAL FORUMS FOR THE BENEFIT OF THE MEMBERS AND THE INDUSTRY.

Program 3

Expenses: $69,936 Revenue: $31,525

RESEARCHED, DEVELOPED, PUBLISHED AND DISSEMINATED INFORMATION PERTINENT TO THE INDUSTRY, AND TO THE MEMBERS OF THE ORGANIZATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,494,620

Investment Income $41,001

Other Revenue $393,341

TOTAL REVENUE $1,928,962

Expense Breakdown

Grants Paid $0

Salaries & Benefits $939,298

Fundraising Expenses $0

Program Expenses $1,886,735

Other Expenses $947,437

TOTAL EXPENSES $1,886,735

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,928,962	$1,654,579	+0.2%
Expenses	$1,886,735	$1,584,692	+0.2%
Net Income	$42,227	$69,887	-0.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
BECKY CLISE	PRESIDENT	Officer Director	$0	$0	$0
AMY ASUQUO	VICE PRESIDENT	Officer Director	$0	$0	$0
ERIKA ORLASKEY	SECRETARY	Officer Director	$0	$0	$0
STEVE WEIDNER	TREASURER	Officer Director	$0	$0	$0
SEAN ORGAN	IMMEDIATE PAST PRESIDENT	Officer Director	$0	$0	$0
SAMUEL BLIBAUM	DIRECTOR	Director	$0	$0	$0
PATRICK BUTLER	DIRECTOR	Director	$0	$0	$0
JANE CLAUSON	DIRECTOR	Director	$0	$0	$0
RICK GRAMS	DIRECTOR	Director	$0	$0	$0
JIM JOHNSON	DIRECTOR	Director	$0	$0	$0
KATHY KELLY-HOWARD	DIRECTOR	Director	$0	$0	$0
THERESA LEATHERBURY	DIRECTOR	Director	$0	$0	$0
RON NICHOLS	DIRECTOR	Director	$0	$0	$0
LETECIA ROLLINS	DIRECTOR	Director	$0	$0	$0
KEISHA WARRICK	DIRECTOR	Director	$0	$0	$0
RICK BRIEMANN	DIRECTOR	Director	$0	$0	$0
SONYA CAMPBELL	DIRECTOR	Director	$0	$0	$0
CHRISTINA CASSELL	DIRECTOR	Director	$0	$0	$0
JULIE COYLE	DIRECTOR	Director	$0	$0	$0
KATHIE DZBINSKI	DIRECTOR	Director	$0	$0	$0
MELISSA GAMBUTO	DIRECTOR	Director	$0	$0	$0
JOEY KOSLOSKI	DIRECTOR	Director	$0	$0	$0
DAMIAN LEVIN	DIRECTOR	Director	$0	$0	$0
BOB LOWTHER	DIRECTOR	Director	$0	$0	$0
JAMIE LUBLINER	DIRECTOR	Director	$0	$0	$0
KIM MA	DIRECTOR	Director	$0	$0	$0
JILL MACMILLAN	DIRECTOR	Director	$0	$0	$0
STEPHEN MARGERUM	DIRECTOR	Director	$0	$0	$0
WINK MATHER	DIRECTOR	Director	$0	$0	$0
ISABELLE MATTIOLI	DIRECTOR	Director	$0	$0	$0
LINDSAY MCKENNA	DIRECTOR	Director	$0	$0	$0
HOWARD SCHER	DIRECTOR	Director	$0	$0	$0
KELLY TAMIMI	DIRECTOR	Director	$0	$0	$0
MATT THOMAS	DIRECTOR	Director	$0	$0	$0
BOB TURNER	DIRECTOR	Director	$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	No data	No data	No data	No data
2023	$1,928,962	$1,886,735	$1,198,201	$42,227
2022	$1,654,579	$1,584,692	$1,117,666	$69,887
2021	$1,618,703	$1,549,965	$1,247,335	$68,738
2020	$1,121,294	$1,289,811	$1,197,090	$-168,517
2019	$1,328,857	$1,292,673	$1,127,719	$36,184
2018	$1,250,554	$1,204,496	$1,430,162	$46,058

MARYLAND MULTI-HOUSING ASSOCIATION INC