Metro Plaza Apartments Incorporated C O Thomas Nolan
Metro Plaza Apartments: Stable Operations, High Liabilities, and Zero Compensation
EIN: 222209064 · Binghamton, NY · NTEE: L20Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.3M |
| Program Spending | 100% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $4.5M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Metro Plaza Apartments Incorporated C O Thomas Nolan Form 990, Revenue, CEO Pay, and IRS Filing Signals
Metro Plaza Apartments Incorporated C O Thomas Nolan is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Metro Plaza Apartments Incorporated C O Thomas Nolan in one place.
Form 990 Filing Summary
12 filing years are available, with latest revenue of $1.8M and expenses of $1.3M.
Revenue and Expenses
Metro Plaza Apartments Incorporated C O Thomas Nolan reported $1.8M in revenue and $1.3M in expenses, a surplus of $493K.
Executive Compensation
Top officer compensation appears as $0 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Metro Plaza Apartments Incorporated C O Thomas Nolan Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.3M (100%) |
Across stored filings, Metro Plaza Apartments Incorporated C O Thomas Nolan shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 100% to programs | Excellent |
| Financial durability | Grade A | 12 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Category L context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Binghamton, NY nonprofitsCategory L in New York
Human Services in New York
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Keep the Investigation Moving
Metro Plaza Apartments Incorporated C O Thomas Nolan directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Metro Plaza Apartments Incorporated C O Thomas Nolan
Metro Plaza Apartments Incorporated C O Thomas Nolan (EIN: 222209064) is a nonprofit organization based in Binghamton, NY, classified under NTEE code L20Z. The organization reported total revenue of $2.0M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metro Plaza Apartments Incorporated C O Thomas Nolan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metro Plaza Apartments Incorporated C O Thomas Nolan is a mid-size nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$493K |
| Total Assets | $4.6M |
| Total Liabilities | $124K |
| Net Assets | $4.5M |
| Operating Margin | 28.0% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 44.1 months |
Financial Health Grade: A
In 2023, Metro Plaza Apartments Incorporated C O Thomas Nolan reported a surplus of $493K with revenue exceeding expenses, holds 44.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Metro Plaza Apartments Incorporated C O Thomas Nolan's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.1% | +23.3% | +13.5% |
| 2022 | -0.3% | +8.3% | +17.3% |
| 2021 | +25.1% | +11.9% | +6.8% |
| 2020 | +14.9% | -1.5% | +4.0% |
| 2019 | -2.3% | -3.0% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Metro Plaza Apartments Incorporated C O Thomas Nolan with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Metro Plaza Apartments Incorporated C O Thomas Nolan allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $493K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or fully outsourced management structure without direct salary payments to executives.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Metro Plaza Apartments Incorporated C O Thomas Nolan's IRS 990 filings:
- High liabilities relative to assets, consistently over 25% in recent years, could indicate financial strain or significant debt obligations.
- Lack of detailed expense breakdown beyond 'compensation 0%' makes it difficult to assess administrative efficiency or fundraising costs.
Strengths
The following positive indicators were identified for Metro Plaza Apartments Incorporated C O Thomas Nolan:
- Consistent revenue generation over several years, demonstrating operational stability.
- Zero reported compensation suggests a highly efficient or volunteer-driven model, maximizing funds for programs.
- Steady asset growth from $3,142,777 in 2019 to $4,648,278 in 2023.
Frequently Asked Questions about Metro Plaza Apartments Incorporated C O Thomas Nolan
Is Metro Plaza Apartments Incorporated C O Thomas Nolan a legitimate charity?
Metro Plaza Apartments Incorporated C O Thomas Nolan (EIN: 222209064) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.0M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Metro Plaza Apartments Incorporated C O Thomas Nolan spend its money?
Metro Plaza Apartments Incorporated C O Thomas Nolan directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Metro Plaza Apartments Incorporated C O Thomas Nolan tax-deductible?
Metro Plaza Apartments Incorporated C O Thomas Nolan is registered as a tax-exempt nonprofit (EIN: 222209064). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Metro Plaza Apartments Incorporated C O Thomas Nolan CEO make?
Metro Plaza Apartments Incorporated C O Thomas Nolan's highest-compensated officer earns $0 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Metro Plaza Apartments Incorporated C O Thomas Nolan compare to similar nonprofits?
With a transparency score of 75/100 (Good), Metro Plaza Apartments Incorporated C O Thomas Nolan is above average for NTEE category L20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Metro Plaza Apartments Incorporated C O Thomas Nolan located?
Metro Plaza Apartments Incorporated C O Thomas Nolan is headquartered in Binghamton, New York and files with the IRS under EIN 222209064. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does Metro Plaza Apartments Incorporated C O Thomas Nolan have?
Metro Plaza Apartments Incorporated C O Thomas Nolan has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.0M in total revenue.
What does Metro Plaza Apartments Incorporated C O Thomas Nolan do?
Metro Plaza Apartments Incorporated C O Thomas Nolan is a nonprofit organization in the Housing & Shelter sector, located in Binghamton, New York. It is classified under NTEE code L20Z.
How much revenue does Metro Plaza Apartments Incorporated C O Thomas Nolan have?
Metro Plaza Apartments Incorporated C O Thomas Nolan reported total revenue of $2,002,778. Based on 12 IRS 990 filings on record.
What are Metro Plaza Apartments Incorporated C O Thomas Nolan's total assets?
Metro Plaza Apartments Incorporated C O Thomas Nolan holds total assets of $5,265,317 as reported in IRS 990 filings.
Where is Metro Plaza Apartments Incorporated C O Thomas Nolan located?
Metro Plaza Apartments Incorporated C O Thomas Nolan is based in Binghamton, New York.
What is Metro Plaza Apartments Incorporated C O Thomas Nolan's EIN?
Metro Plaza Apartments Incorporated C O Thomas Nolan's Employer Identification Number (EIN) is 222209064. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Metro Plaza Apartments Incorporated C O Thomas Nolan?
Metro Plaza Apartments Incorporated C O Thomas Nolan is classified under NTEE code L20Z (Housing & Shelter).
Is Metro Plaza Apartments Incorporated C O Thomas Nolan a registered 501(c)(3)?
Yes, Metro Plaza Apartments Incorporated C O Thomas Nolan is recognized as a tax-exempt organization by the IRS. EIN: 222209064.
Does Metro Plaza Apartments Incorporated C O Thomas Nolan file IRS Form 990?
Yes, Metro Plaza Apartments Incorporated C O Thomas Nolan has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Metro Plaza Apartments Incorporated C O Thomas Nolan's revenue in 2023?
In the 202306 filing period, Metro Plaza Apartments Incorporated C O Thomas Nolan reported total revenue of $1,758,109, total expenses of $1,265,340, and net assets of $4,648,278.
Is Metro Plaza Apartments Incorporated C O Thomas Nolan's revenue growing or declining?
Metro Plaza Apartments Incorporated C O Thomas Nolan's revenue is growing. Revenue went from $1,625,767 (202206) to $1,758,109 (202306), a +8.1% change. Based on 12 filings on record.
What is Metro Plaza Apartments Incorporated C O Thomas Nolan's most recent 990 filing?
The most recent IRS Form 990 filing for Metro Plaza Apartments Incorporated C O Thomas Nolan covers tax period 202306. It shows revenue of $1,758,109, expenses of $1,265,340, total assets of $4,648,278, and liabilities of $123,588.
How much does Metro Plaza Apartments Incorporated C O Thomas Nolan spend on programs vs administration?
Based on IRS 990 analysis, Metro Plaza Apartments Incorporated C O Thomas Nolan allocates approximately 100% of expenses to program services, 0% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Metro Plaza Apartments Incorporated C O Thomas Nolan a trustworthy charity?
Based on AI analysis of IRS 990 data, Metro Plaza Apartments Incorporated C O Thomas Nolan appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Metro Plaza Apartments Incorporated C O Thomas Nolan?
The following concerns were identified: High liabilities relative to assets, consistently over 25% in recent years, could indicate financial strain or significant debt obligations.. Lack of detailed expense breakdown beyond 'compensation 0%' makes it difficult to assess administrative efficiency or fundraising costs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Metro Plaza Apartments Incorporated C O Thomas Nolan's strengths?
Positive indicators for Metro Plaza Apartments Incorporated C O Thomas Nolan include: Consistent revenue generation over several years, demonstrating operational stability.. Zero reported compensation suggests a highly efficient or volunteer-driven model, maximizing funds for programs.. Steady asset growth from $3,142,777 in 2019 to $4,648,278 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Metro Plaza Apartments Incorporated C O Thomas Nolan compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or fully outsourced management structure without direct salary payments to executives. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 0% compensation reported, how does Metro Plaza Apartments manage its operational and administrative functions, and what are the implications for long-term sustainability?
The 0% compensation suggests either a fully volunteer-run organization, a structure where management services are provided by another entity (e.g., a parent organization or management company) and expensed differently, or that key personnel are compensated through non-salary means not captured as 'compensation.' This model can be highly efficient in the short term by directing all revenue to programs, but it raises questions about the stability and professionalization of management over the long term if not supported by robust volunteer engagement or external, consistent service provision.
Filing History
IRS 990 filing history for Metro Plaza Apartments Incorporated C O Thomas Nolan showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Metro Plaza Apartments Incorporated C O Thomas Nolan's revenue has grown by 63.7%, moving from $1.1M to $1.8M. Total assets increased by 30.3% over the same period, from $3.6M to $4.6M. Total functional expenses rose by 32.7%, from $954K to $1.3M. In its most recent filing year (2023), Metro Plaza Apartments Incorporated C O Thomas Nolan reported a surplus of $493K, with revenue exceeding expenses. The organization holds $124K in liabilities against $4.6M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.3M | $4.6M | $124K | — | View 990 |
| 2022 | $1.6M | $1.0M | $4.1M | $63K | — | View 990 |
| 2021 | $1.6M | $947K | $3.5M | $59K | — | View 990 |
| 2020 | $1.3M | $846K | $3.3M | $522K | — | View 990 |
| 2019 | $1.1M | $859K | $3.1M | $853K | — | View 990 |
| 2018 | $1.2M | $885K | $3.2M | $1.2M | — | View 990 |
| 2017 | $1.2M | $958K | $3.2M | $1.5M | — | View 990 |
| 2016 | $1.2M | $921K | $3.3M | $1.8M | — | View 990 |
| 2015 | $1.1M | $934K | $3.3M | $2.0M | — | View 990 |
| 2014 | $1.1M | $919K | $3.4M | $2.3M | — | View 990 |
| 2013 | $1.0M | $939K | $3.5M | $2.5M | — | View 990 |
| 2012 | $1.1M | $954K | $3.6M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.3M, and assets of $4.6M (revenue +8.1% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.0M, and assets of $4.1M (revenue -0.3% year-over-year).
- 2021: Revenue of $1.6M, expenses of $947K, and assets of $3.5M (revenue +25.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $846K, and assets of $3.3M (revenue +14.9% year-over-year).
- 2019: Revenue of $1.1M, expenses of $859K, and assets of $3.1M (revenue -2.3% year-over-year).
- 2018: Revenue of $1.2M, expenses of $885K, and assets of $3.2M (revenue -1.9% year-over-year).
- 2017: Revenue of $1.2M, expenses of $958K, and assets of $3.2M (revenue -0.4% year-over-year).
- 2016: Revenue of $1.2M, expenses of $921K, and assets of $3.3M (revenue +9.8% year-over-year).
- 2015: Revenue of $1.1M, expenses of $934K, and assets of $3.3M (revenue +2.2% year-over-year).
- 2014: Revenue of $1.1M, expenses of $919K, and assets of $3.4M (revenue +3.2% year-over-year).
- 2013: Revenue of $1.0M, expenses of $939K, and assets of $3.5M (revenue -4.5% year-over-year).
- 2012: Revenue of $1.1M, expenses of $954K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metro Plaza Apartments Incorporated C O Thomas Nolan:
Data Sources and Methodology
This transparency report for Metro Plaza Apartments Incorporated C O Thomas Nolan is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.