AI Transparency Report
Metropolitan Marine Maintenance Contractors Association Inc. demonstrates consistent financial stability, with assets steadily growing from $8,945,300 in 2014 to $15,931,448 in 2023. The organization's revenue has generally exceeded expenses over the past decade, indicating sound financial management, though the 2023 period saw expenses slightly outpace revenue ($3,176,779 vs. $3,095,477). This slight deficit is not a significant concern given the substantial asset base. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay and potentially a volunteer-led or very lean administrative structure at the top. The organization's liabilities have remained relatively low compared to its assets, further reinforcing its financial health.