Civic Intelligence

Metropolitan Property Management Inc.

990 • Fiscal year 2016 • EIN 27-5170073

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 21, 2017

PO Box 1706Washington, NC 27889

(252) 946-0110

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

1.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

12th percentile

0.13x

Higher debt load relative to revenue than 12% of similar nonprofits.

2016 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2016

Net Margin

55th percentile

-8.3%

Higher net margin than 55% of similar nonprofits.

2016 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

58th percentile

$89,723

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2016 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2016

Asset Growth

2nd percentile

-38%

Faster asset growth than 2% of similar nonprofits.

2016 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

79th percentile

16%

Faster revenue growth than 79% of similar nonprofits.

2016 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$185,050

Down $114,907 (-38%) from 2015

Net Assets

Down

-$11,506

Down $124,982 (-110%) from 2015

Liabilities

Up

$196,556

Up $10,075 (+5.4%) from 2015

Revenue

Up

$1,509,251

Up $206,658 (+16%) from 2015

Expenses

Up

$1,634,233

Up $377,123 (+30%) from 2015

Net Income

Down

-$124,982

Down $170,465 (-375%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2015: $299,957Liabilities 2015: $186,481Net Assets 2015: $113,4762015Assets 2016: $185,050Liabilities 2016: $196,556Net Assets 2016: -$11,5062016Assets 2017: $26,555Liabilities 2017: $70,790Net Assets 2017: -$44,2352017Assets 2018: $96,853Liabilities 2018: $81,923Net Assets 2018: $14,9302018Assets 2019: $50,818Liabilities 2019: $112,818Net Assets 2019: -$62,0002019Assets 2020: $113,715Liabilities 2020: $52,621Net Assets 2020: $61,0942020Assets 2021: $123,293Liabilities 2021: $39,244Net Assets 2021: $84,0492021Assets 2022: $166,613Liabilities 2022: $199,182Net Assets 2022: -$32,5692022Assets 2023: $490,985Liabilities 2023: $196,190Net Assets 2023: $294,7952023Assets 2024: $229,008Liabilities 2024: $281,907Net Assets 2024: -$52,8992024Assets 2025: $265,824Liabilities 2025: $403,703Net Assets 2025: -$137,8792025

Highlighted filing

2016

Assets$185,050
Liabilities$196,556
Net Assets-$11,506

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $1,302,593Expenses 2015: $1,257,110Net Income 2015: $45,4832015Revenue 2016: $1,509,251Expenses 2016: $1,634,233Net Income 2016: -$124,9822016Revenue 2017: $1,733,156Expenses 2017: $1,765,885Net Income 2017: -$32,7292017Revenue 2018: $2,004,740Expenses 2018: $1,945,575Net Income 2018: $59,1652018Revenue 2019: $2,174,938Expenses 2019: $2,251,868Net Income 2019: -$76,9302019Revenue 2020: $2,581,460Expenses 2020: $2,458,366Net Income 2020: $123,0942020Revenue 2021: $2,757,842Expenses 2021: $2,734,887Net Income 2021: $22,9552021Revenue 2022: $2,794,460Expenses 2022: $2,911,078Net Income 2022: -$116,6182022Revenue 2023: $3,425,105Expenses 2023: $3,123,029Net Income 2023: $302,0762023Revenue 2024: $3,895,175Expenses 2024: $4,242,869Net Income 2024: -$347,6942024Revenue 2025: $4,093,267Expenses 2025: $4,178,247Net Income 2025: -$84,9802025

Highlighted filing

2016

Revenue$1,509,251
Expenses$1,634,233
Net Income-$124,982
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 21, 2017
Return Version
2016v3.0
Gross Receipts
$1,509,251
Mission and Program Overview

Mission

The organization's mission is to improve the quality of life for low to moderate-income persons by providing safe, quality housing.

The organization's mission is to improve the quality of life for low to moderate income persons by providing safe, quality housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,600$34,766▲ $9,166
Cash and Non-Interest-Bearing Accounts$88$2,866▲ $2,778
Savings and Temporary Cash Investments$11$50▲ $39
Total Assets$299,957$185,050▼ $114,907
Other Assets Total$274,258$147,368▼ $126,890
Liabilities
Mortgage Notes Payable Secured by Investment Property$162,252$158,924▼ $3,328
Other Liabilities$13,584$22,379▲ $8,795
Accounts Payable and Accrued Expenses$10,645$15,253▲ $4,608
Total Liabilities$186,481$196,556▲ $10,075
Net Assets / Fund Balance
Unrestricted Net Assets$113,476$-11,506▼ $124,982
Total Net Assets Fund Balance$113,476$-11,506▼ $124,982
Total Liabilities and Net Assets / Fund Balance$299,957$185,050▼ $114,907

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,766$22,405$57,171
Other Assets Org$147,368--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Rev David MooreExecutive DiPT$89,723$89,723

Board Members and Trustees

NameTitle
Eric WhitakerBoard Chair
James Robert HarrisVice Chairma
Bobbie KeyesDirector
Garrick WitherspoonDirector
Jeremy McclainDirector
JOYCE O'NEALSecretary
Mildred RandolphTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,502,550
Investment Income
$0
Other Revenue
$6,701
Change in Net Assets
$-124,982
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,215,142
Other Expenses$419,091
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$925,304$108,617-$1,033,921
Payroll Taxes$90,393$9,378-$99,771
Office Expenses$55,731$18,578-$74,309
Current Officers, Directors, Trustees, and Key Employees$52,279$13,072-$65,351
Occupancy$39,707$7,008-$46,715
Travel$4,818$14,454-$19,272
Insurance-$19,138-$19,138
Other Employee Benefits$14,318$1,781-$16,099
Depreciation Depletion$8,575$2,859-$11,434
Fees for Services Accounting-$10,126-$10,126
Interest-$7,328-$7,328
Fees for Services Other-$4,947-$4,947
Other Expenses$412$1,237-$1,649
Advertising-$905-$905
Conferences and Meetings-$883-$883
Total Functional Expenses$1,377,477$256,756$0$1,634,233
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Joseph MooreFamily MemberEmployeeNo$65,351
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cash Overdraft$13,285
Credit Card Payable$9,094
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

David moore joseph moore ex director dir of ops father / son

Form 990, Page 6, Part VI, Line 11B

The 990 is brought before the board and is approved prior to filing.

Form 990, Page 6, Part VI, Line 12C

The organization uses checks and balances to ensure policies are being followed

Form 990, Page 6, Part VI, Line 15A

The board of directors approves compensation for the organization's top management official.

Form 990, Page 6, Part VI, Line 15B

Salaries of key employees are approved by the board. No officers or directors are compensated by the organization.

Form 990, Page 6, Part VI, Line 19

Organization's governing documents are available upon written request.

Filing and Contact Details

Filer

Filer Name
Metropolitan Property Management
EIN
27-5170073
Address
PO BOX 1706, WASHINGTON, NC 27889

Signing Officer

Name
Rev David Moore
Title
Executive Director
Signed
2017-07-21

Organization Details

Principal Officer
Eric Whitaker
Formed
2011
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
59
Volunteers
7

Preparer

Firm
Petway Mills & Pearson Pa
Address
PO BOX 1036, ZEBULON, NC 27597-1036
Preparer
James a Ridoutt
Phone
9192697405
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0973521
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01000034
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05892769
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05892769
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01509251
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01302593
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01107370
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0973521
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01000034
IRS990ScheduleA/Total509Grp/TotalAmt05892769
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01509251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01302593
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01107370
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0973521
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01000034
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05892769
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt034766
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022405
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt057171
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0147368
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM MANAGED PROPERTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013285
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19094
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CASH OVERDRAFT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034766
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0147368
IRS990ScheduleD/TotalLiabilityAmt022379
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JOSEPH MOORE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt065351
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0EMPLOYEE
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0JOSEPH MOORE IS SON OF EXECUTIVE DIRECTOR, DAVID MOORE.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAVID MOORE JOSEPH MOORE EX DIRECTOR DIR OF OPS FATHER / SON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS BROUGHT BEFORE THE BOARD AND IS APPROVED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION USES CHECKS AND BALANCES TO ENSURE POLICIES ARE BEING FOLLOWED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS APPROVES COMPENSATION FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SALARIES OF KEY EMPLOYEES ARE APPROVED BY THE BOARD. NO OFFICERS OR DIRECTORS ARE COMPENSATED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0METROPOLITAN HOUSING & COMM DVLP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1METROPOLITAN COMM HEALTH SVCS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0581906927
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1562143419
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COMM DVLP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HEALTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt17
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 1706
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1120 W MARTIN LUTHER KIND JR BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1WASHINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027889
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd127889
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0true
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt091914
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV OF SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0METROPOLITAN HOUSING & CDC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0L
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0299957
IRS990/TotalAssetsEOYAmt0185050
IRS990/TotalAssetsGrp/BOYAmt0299957
IRS990/TotalAssetsGrp/EOYAmt0185050
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt059
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0256756
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01377477
IRS990/TotalFunctionalExpensesGrp/TotalAmt01634233
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0186481
IRS990/TotalLiabilitiesEOYAmt0196556
IRS990/TotalLiabilitiesGrp/BOYAmt0186481
IRS990/TotalLiabilitiesGrp/EOYAmt0196556
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0113476
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-11506
IRS990/TotalProgramServiceExpensesAmt01377477
IRS990/TotalProgramServiceRevenueAmt01502550
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01509251
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01509251
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0299957
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0185050
IRS990/TotReportableCompRltdOrgAmt089723
IRS990/TravelGrp/ManagementAndGeneralAmt014454
IRS990/TravelGrp/ProgramServicesAmt04818

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