MMC Residential Corp I Inc

EIN: 911943271 Housing & Shelter

BRONX, NY

Total Revenue
$3,400,088
Total Expenses
$1,407,488
Total Assets
$16,563,968
Net Assets
$15,770,523
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NY
Phone
9143498474
Tax Period
2024-07-01 to 2025-06-30

MMC Residential Corp I Inc, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $3.4M in total revenue in fiscal year 2024. The organization ran a surplus of $2.0M, a strong 59% operating margin.

Mission

MMC RESIDENTIAL CORP. I, INC. PROVIDES COMMERCIAL RENTAL SPACE TO MONTEFIORE MEDICAL CENTER IN FURTHERANCE OF THE MEDICAL CENTER MISSION TO HEAL, TO TEACH, TO DISCOVER AND TO ADVANCE THE HEALTH OF THE COMMUNITIES IT SERVES.

Program Service Accomplishments

Program 1

MMC RESIDENTIAL CORP. I, INC., A SUBSIDIARY OF MONTEFIORE MEDICAL CENTER, OWNS AND OPERATES A RENTAL BUILDING NEAR MONTEFIORE MEDICAL CENTER. THE BUILDING IS RENTED OUT AS HOUSING AND AUXILIARY SPACE...

Read more

MMC RESIDENTIAL CORP. I, INC., A SUBSIDIARY OF MONTEFIORE MEDICAL CENTER, OWNS AND OPERATES A RENTAL BUILDING NEAR MONTEFIORE MEDICAL CENTER. THE BUILDING IS RENTED OUT AS HOUSING AND AUXILIARY SPACE BY THE MEDICAL CENTER IN FURTHERANCE OF ITS MISSION TO TEACH, TO DISCOVER AND TO ADVANCE THE HEALTH OF THE COMMUNITIES IT SERVES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,345,121
Investment Income $0
Other Revenue $54,967
TOTAL REVENUE $3,400,088

Expense Breakdown

Grants Paid $0
Salaries & Benefits $372,044
Fundraising Expenses $0
Program Expenses $0
Other Expenses $1,035,444
TOTAL EXPENSES $1,407,488

Year-over-Year Comparison

2024 2023 Change
Revenue $3,400,088 $3,301,219 +0.0%
Expenses $1,407,488 $1,453,759 0.0%
Net Income $1,992,600 $1,847,460 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
2
Independent Members
N/A
Employees
2
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
3
$4,936,614
Total Directors
3
$4,936,614
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOHPER S PANCZNER SECRETARY (RESIGNED 3/27/2025) 0.5
Officer Director
$0 $47,673 $1,966,237
EDWARD PFLEGING PRESIDENT 2.0
Officer Director
$0 $281,956 $1,913,810
EVAN RESNICK TREASURER 0.5
Officer Director
$0 $51,011 $1,056,567
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 $3,400,088 $1,407,488 $16,563,968 $1,992,600
2023 $3,201,229 $1,379,599 $12,243,911 $1,821,630
2022 $3,113,054 $1,127,377 $10,358,508 $1,985,677
2021 $3,029,830 $1,097,711 $8,405,676 $1,932,119
2020 $2,939,511 $953,017 $6,396,372 $1,986,494
2019 $2,843,857 $1,667,536 $4,564,157 $1,176,321
2018 $2,756,213 $1,931,216 $3,173,987 $824,997
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MMC Residential Corp I Inc with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.