MARYLAND MULTI-HOUSING ASSOCIATION INC

EIN: 521995753

OWINGS MILLS, MD

Total Revenue
$1,928,962
Total Expenses
$1,886,735
Total Assets
$1,198,201
Net Assets
$881,015
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MD
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.

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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 (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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Governance

Voting Members
35
Independent Members
35
Employees
11
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
$0
Total Directors
35
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BECKY CLISE PRESIDENT 0.00
Officer Director
$0 $0 $0
AMY ASUQUO VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
ERIKA ORLASKEY SECRETARY 0.00
Officer Director
$0 $0 $0
STEVE WEIDNER TREASURER 0.00
Officer Director
$0 $0 $0
SEAN ORGAN IMMEDIATE PAST PRESIDENT 0.00
Officer Director
$0 $0 $0
SAMUEL BLIBAUM DIRECTOR 0.00
Director
$0 $0 $0
PATRICK BUTLER DIRECTOR 0.00
Director
$0 $0 $0
JANE CLAUSON DIRECTOR 0.00
Director
$0 $0 $0
RICK GRAMS DIRECTOR 0.00
Director
$0 $0 $0
JIM JOHNSON DIRECTOR 0.00
Director
$0 $0 $0
KATHY KELLY-HOWARD DIRECTOR 0.00
Director
$0 $0 $0
THERESA LEATHERBURY DIRECTOR 0.00
Director
$0 $0 $0
RON NICHOLS DIRECTOR 0.00
Director
$0 $0 $0
LETECIA ROLLINS DIRECTOR 0.00
Director
$0 $0 $0
KEISHA WARRICK DIRECTOR 0.00
Director
$0 $0 $0
RICK BRIEMANN DIRECTOR 0.00
Director
$0 $0 $0
SONYA CAMPBELL DIRECTOR 0.00
Director
$0 $0 $0
CHRISTINA CASSELL DIRECTOR 0.00
Director
$0 $0 $0
JULIE COYLE DIRECTOR 0.00
Director
$0 $0 $0
KATHIE DZBINSKI DIRECTOR 0.00
Director
$0 $0 $0
MELISSA GAMBUTO DIRECTOR 0.00
Director
$0 $0 $0
JOEY KOSLOSKI DIRECTOR 0.00
Director
$0 $0 $0
DAMIAN LEVIN DIRECTOR 0.00
Director
$0 $0 $0
BOB LOWTHER DIRECTOR 0.00
Director
$0 $0 $0
JAMIE LUBLINER DIRECTOR 0.00
Director
$0 $0 $0
KIM MA DIRECTOR 0.00
Director
$0 $0 $0
JILL MACMILLAN DIRECTOR 0.00
Director
$0 $0 $0
STEPHEN MARGERUM DIRECTOR 0.00
Director
$0 $0 $0
WINK MATHER DIRECTOR 0.00
Director
$0 $0 $0
ISABELLE MATTIOLI DIRECTOR 0.00
Director
$0 $0 $0
LINDSAY MCKENNA DIRECTOR 0.00
Director
$0 $0 $0
HOWARD SCHER DIRECTOR 0.00
Director
$0 $0 $0
KELLY TAMIMI DIRECTOR 0.00
Director
$0 $0 $0
MATT THOMAS DIRECTOR 0.00
Director
$0 $0 $0
BOB TURNER DIRECTOR 0.00
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
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