Metropolitan Marine Maintenance Contractors Association Inc
Metropolitan Marine Maintenance Contractors Association Inc. maintains strong asset growth with consistent revenue, reporting no officer compensation.
EIN: 135637312 · Rutherford, NJ · Updated: 2026-03-28
About Metropolitan Marine Maintenance Contractors Association Inc
Metropolitan Marine Maintenance Contractors Association Inc (EIN: 135637312) is a nonprofit organization based in Rutherford, NJ. The organization reported total revenue of $4.2M and total assets of $16.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metropolitan Marine Maintenance Contractors Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Metropolitan Marine Maintenance Contractors Association Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Metropolitan Marine Maintenance Contractors Association Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers either serve without compensation or are compensated through other means not categorized as officer compensation, which is a strong positive for transparency and efficiency relative to the organization's multi-million dollar revenue and asset base.
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 Metropolitan Marine Maintenance Contractors Association Inc's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Metropolitan Marine Maintenance Contractors Association Inc:
- Consistent asset growth, from $8.9M in 2014 to $15.9M in 2023.
- Reported 0% officer compensation across all filings, indicating high efficiency or volunteer leadership.
- Generally positive revenue-to-expense ratio over the past decade, demonstrating sound financial management.
- Low liabilities relative to assets, indicating strong financial health.
Frequently Asked Questions about Metropolitan Marine Maintenance Contractors Association Inc
Is Metropolitan Marine Maintenance Contractors Association Inc. financially stable?
Yes, the organization is financially stable, with assets growing from $8.9 million in 2014 to $15.9 million in 2023, and revenues consistently in the multi-million dollar range.
Does Metropolitan Marine Maintenance Contractors Association Inc. pay its officers?
According to all available IRS 990 filings, officer compensation is reported as 0%, suggesting officers are not directly compensated or are compensated in ways not classified as such on the 990.
How has the organization's asset base changed over time?
The organization's assets have shown consistent growth, increasing from $8,945,300 in 2014 to $15,931,448 in 2023, indicating strong financial accumulation.
Filing History
IRS 990 filing history for Metropolitan Marine Maintenance Contractors Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Metropolitan Marine Maintenance Contractors Association Inc's revenue has grown by 53.5%, moving from $2.0M to $3.1M. Total assets increased by 97.4% over the same period, from $8.1M to $15.9M. Total functional expenses fell by 20.1%, from $4.0M to $3.2M. In its most recent filing year (2023), Metropolitan Marine Maintenance Contractors Association Inc reported a deficit of $81K, with expenses exceeding revenue. The organization holds $916K in liabilities against $15.9M in assets (debt-to-asset ratio: 5.8%), resulting in net assets of $15.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $3.2M | $15.9M | $916K | — | — |
| 2022 | $3.5M | $3.2M | $15.9M | $1.3M | — | View 990 |
| 2021 | $3.3M | $2.4M | $14.9M | $186K | — | View 990 |
| 2020 | $3.1M | $2.2M | $14.0M | $115K | — | View 990 |
| 2019 | $3.1M | $2.7M | $13.1M | $142K | — | View 990 |
| 2018 | $3.1M | $2.3M | $12.7M | $144K | — | View 990 |
| 2017 | $3.1M | $2.2M | $11.8M | $74K | — | View 990 |
| 2016 | $3.3M | $2.2M | $10.9M | $55K | — | View 990 |
| 2015 | $3.7M | $2.7M | $9.8M | $128K | — | View 990 |
| 2014 | $2.5M | $2.8M | $8.9M | $194K | — | View 990 |
| 2013 | $2.4M | $2.8M | $9.3M | $328K | — | View 990 |
| 2012 | $2.3M | $2.6M | $9.7M | $194K | — | View 990 |
| 2011 | $4.1M | $2.2M | $10.0M | $169K | — | View 990 |
| 2010 | $2.0M | $4.0M | $8.1M | $137K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $3.2M, and assets of $15.9M (revenue -11.6% year-over-year).
- 2022: Revenue of $3.5M, expenses of $3.2M, and assets of $15.9M (revenue +4.6% year-over-year).
- 2021: Revenue of $3.3M, expenses of $2.4M, and assets of $14.9M (revenue +6.2% year-over-year).
- 2020: Revenue of $3.1M, expenses of $2.2M, and assets of $14.0M (revenue +1.4% year-over-year).
- 2019: Revenue of $3.1M, expenses of $2.7M, and assets of $13.1M (revenue -0.6% year-over-year).
- 2018: Revenue of $3.1M, expenses of $2.3M, and assets of $12.7M (revenue +0.7% year-over-year).
- 2017: Revenue of $3.1M, expenses of $2.2M, and assets of $11.8M (revenue -7.4% year-over-year).
- 2016: Revenue of $3.3M, expenses of $2.2M, and assets of $10.9M (revenue -8.7% year-over-year).
- 2015: Revenue of $3.7M, expenses of $2.7M, and assets of $9.8M (revenue +46.2% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.8M, and assets of $8.9M (revenue +6.0% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.8M, and assets of $9.3M (revenue +4.3% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.6M, and assets of $9.7M (revenue -45.0% year-over-year).
- 2011: Revenue of $4.1M, expenses of $2.2M, and assets of $10.0M (revenue +104.4% year-over-year).
- 2010: Revenue of $2.0M, expenses of $4.0M, and assets of $8.1M.
Data Sources and Methodology
This transparency report for Metropolitan Marine Maintenance Contractors Association Inc 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.