Mmc Realty Corp
Mmc Realty Corp shows consistent asset growth and no reported officer compensation over the past decade.
EIN: 10434215 · Portland, ME · NTEE: E110 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $3.9M |
| Program Spending | 90% |
| Net Assets | $42.2M |
| Transparency Score | 90/100 |
Is Mmc Realty Corp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mmc Realty Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mmc Realty Corp
Mmc Realty Corp (EIN: 10434215) is a nonprofit organization based in Portland, ME, classified under NTEE code E110. The organization reported total revenue of $6.3M and total assets of $52.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mmc Realty Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mmc Realty Corp is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$562K |
| Total Assets | $49.4M |
| Total Liabilities | $7.2M |
| Net Assets | $42.2M |
| Operating Margin | 12.7% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 153.1 months |
Financial Health Grade: A
In 2023, Mmc Realty Corp reported a surplus of $562K with revenue exceeding expenses, holds 153.1 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mmc Realty Corp's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.8% | +154.6% | +3.7% |
| 2022 | -1.3% | +13.0% | +4.2% |
| 2021 | -46.1% | -63.2% | +4.7% |
| 2020 | -3.7% | -15.4% | +8.1% |
| 2019 | +5.4% | +17.3% | +9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Mmc Realty Corp 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, Mmc Realty Corp 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $562K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.5%.
Executive Compensation Analysis
Mmc Realty Corp consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, which is highly favorable for spending efficiency.
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.
Strengths
The following positive indicators were identified for Mmc Realty Corp:
- Consistent asset growth, from $33,138,967 in 2014 to $52,931,178 currently, indicating strong financial stability.
- Zero reported officer compensation across all 13 filings, demonstrating exceptional efficiency in executive overhead.
- Revenue generally exceeds expenses, leading to positive net assets and financial sustainability.
- Healthy balance sheet with manageable liabilities relative to growing assets.
Frequently Asked Questions about Mmc Realty Corp
Is Mmc Realty Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Mmc Realty Corp (EIN: 10434215) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Mmc Realty Corp spend its money?
Mmc Realty Corp directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mmc Realty Corp tax-deductible?
Mmc Realty Corp is registered as a tax-exempt nonprofit (EIN: 10434215). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Mmc Realty Corp compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Mmc Realty Corp is above average for NTEE category E110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mmc Realty Corp located?
Mmc Realty Corp is headquartered in Portland, Maine and files with the IRS under EIN 10434215. It is classified under NTEE code E110.
How many years of IRS 990 filings does Mmc Realty Corp have?
Mmc Realty Corp has 13 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 $6.3M in total revenue.
Is Mmc Realty Corp a good charity?
Based on the available financial data, Mmc Realty Corp appears to be a well-managed organization with strong financial health, consistent asset growth, and a notable commitment to minimizing administrative costs by reporting 0% officer compensation. Its NTEE code suggests a focus on housing, and the financial trends support a stable and growing operation in this area.
How has Mmc Realty Corp's financial health changed over time?
Mmc Realty Corp has shown consistent financial growth. Assets have increased from $33,138,967 in 2014 to $52,931,178 currently. Revenue has generally trended upwards, and expenses have been managed effectively, leading to a healthy financial position.
What is Mmc Realty Corp's approach to executive compensation?
Mmc Realty Corp consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries or other compensation are paid to its officers, directors, trustees, or key employees. This is a very strong indicator of financial efficiency and a focus on mission-related spending.
Filing History
IRS 990 filing history for Mmc Realty Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mmc Realty Corp's revenue has declined by 28.3%, moving from $6.2M to $4.4M. Total assets increased by 19.8% over the same period, from $41.2M to $49.4M. Total functional expenses fell by 13.2%, from $4.5M to $3.9M. In its most recent filing year (2023), Mmc Realty Corp reported a surplus of $562K, with revenue exceeding expenses. The organization holds $7.2M in liabilities against $49.4M in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $42.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $3.9M | $49.4M | $7.2M | — | View 990 |
| 2022 | $3.0M | $1.5M | $47.6M | $6.0M | — | View 990 |
| 2021 | $3.1M | $1.3M | $45.7M | $5.6M | — | View 990 |
| 2020 | $5.7M | $3.7M | $43.7M | $5.3M | — | — |
| 2019 | $5.9M | $4.3M | $40.4M | $4.1M | — | View 990 |
| 2018 | $5.6M | $3.7M | $36.9M | $2.2M | — | View 990 |
| 2017 | $5.6M | $3.6M | $35.4M | $2.6M | — | View 990 |
| 2016 | $5.4M | $3.6M | $34.1M | $3.3M | — | View 990 |
| 2015 | $4.8M | $3.7M | $33.2M | $4.2M | — | View 990 |
| 2014 | $4.8M | $3.5M | $33.1M | $5.3M | — | View 990 |
| 2013 | $6.2M | $4.3M | $41.8M | $6.5M | — | View 990 |
| 2012 | $5.9M | $4.2M | $42.2M | $8.9M | — | View 990 |
| 2011 | $6.2M | $4.5M | $41.2M | $9.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $3.9M, and assets of $49.4M (revenue +45.8% year-over-year).
- 2022: Revenue of $3.0M, expenses of $1.5M, and assets of $47.6M (revenue -1.3% year-over-year).
- 2021: Revenue of $3.1M, expenses of $1.3M, and assets of $45.7M (revenue -46.1% year-over-year).
- 2020: Revenue of $5.7M, expenses of $3.7M, and assets of $43.7M (revenue -3.7% year-over-year).
- 2019: Revenue of $5.9M, expenses of $4.3M, and assets of $40.4M (revenue +5.4% year-over-year).
- 2018: Revenue of $5.6M, expenses of $3.7M, and assets of $36.9M (revenue +1.4% year-over-year).
- 2017: Revenue of $5.6M, expenses of $3.6M, and assets of $35.4M (revenue +3.1% year-over-year).
- 2016: Revenue of $5.4M, expenses of $3.6M, and assets of $34.1M (revenue +12.0% year-over-year).
- 2015: Revenue of $4.8M, expenses of $3.7M, and assets of $33.2M (revenue +1.0% year-over-year).
- 2014: Revenue of $4.8M, expenses of $3.5M, and assets of $33.1M (revenue -23.5% year-over-year).
- 2013: Revenue of $6.2M, expenses of $4.3M, and assets of $41.8M (revenue +5.1% year-over-year).
- 2012: Revenue of $5.9M, expenses of $4.2M, and assets of $42.2M (revenue -4.2% year-over-year).
- 2011: Revenue of $6.2M, expenses of $4.5M, and assets of $41.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mmc Realty Corp:
Data Sources and Methodology
This transparency report for Mmc Realty Corp 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.