Is Umh Management Services Corp Legit?

Umh Management Services Corp demonstrates consistent financial operations, with revenues and expenses closely matched over the past decade. For instance, in 2023, revenues were $5,269,395 against expenses of $5,314,475, indicating a slight deficit but overall stable financial management. The organization's assets have fluctuated, peaking around $16 million in 2020 and currently standing at $12,162,917 in 2023, suggesting a managed decline or reallocation rather than a sharp loss. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and operational structure, indicating that executive leadership is either unpaid or compensated through a related entity, which warrants further investigation for a complete financial picture. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the close alignment of revenues and expenses year-over-year suggests that the organization is operating near its budget without significant surpluses or deficits, which can be a sign of efficient resource allocation. The NTEE code P020 (Housing & Shelter) implies a focus on direct service delivery, and the consistent financial activity supports the idea of ongoing program operations. The absence of reported officer compensation directly on these filings enhances transparency regarding direct executive payouts from this specific entity. Overall, Umh Management Services Corp appears to be a financially stable organization with a long history of consistent operations. The lack of reported officer compensation is a significant transparency point, though it might indicate a more complex organizational structure where compensation is handled by a parent or related entity. Further detailed expense breakdowns would be necessary to fully evaluate spending efficiency across program, administrative, and fundraising categories.