Properties Management Unlimited Corporation

Properties Management Unlimited Corporation maintains stable finances with no reported executive compensation.

EIN: 200145713 · Portage, MI · NTEE: L20 · Updated: 2026-03-28

$532KRevenue

$2.9MAssets

85/100Mission Score (Excellent)

L20

About Properties Management Unlimited Corporation

Properties Management Unlimited Corporation (EIN: 200145713) is a nonprofit organization based in Portage, MI, classified under NTEE code L20. The organization reported total revenue of $532K and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Properties Management Unlimited Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Properties Management Unlimited Corporation demonstrates consistent financial activity, with revenues generally in the range of $470,000 to $550,000 over the past several years, peaking at $613,323 in 2014. The organization consistently reports zero officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific program spending details are not provided in the summary data, the absence of executive compensation suggests a lean operational model. The organization's assets have remained substantial, fluctuating around $2.8 million to $3.2 million, indicating financial stability. Liabilities have shown a general decreasing trend from a high of $1,980,075 in 2014 to $604,594 in 2023, which is a positive sign of improving financial health and reduced debt burden.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Properties Management Unlimited Corporation with a Mission Score of 85 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Properties Management Unlimited Corporation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization with over $500,000 in annual revenue and nearly $3 million in assets.

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 Properties Management Unlimited Corporation's IRS 990 filings:

Lack of detailed program spending breakdown in summary data
Unusually consistent 0% officer compensation for an organization of this size, which may obscure how leadership is supported or compensated.

Strengths

The following positive indicators were identified for Properties Management Unlimited Corporation:

Consistent financial stability with revenues exceeding expenses in most years.
Zero reported officer compensation, indicating a strong commitment to directing funds to the mission.
Significant asset base providing financial resilience.
Decreasing trend in liabilities, improving overall financial health.

Frequently Asked Questions about Properties Management Unlimited Corporation

How does Properties Management Unlimited Corporation operate without any officer compensation?

The filings consistently show 0% officer compensation, suggesting that leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, such as through a related entity or as contractors, though the latter would typically be disclosed differently. This warrants further investigation into their operational model.

What are the primary programs funded by Properties Management Unlimited Corporation?

Based on the NTEE code L20 (Housing, Shelter), the organization likely focuses on providing housing or shelter-related services. However, without detailed program expense breakdowns, the specific nature and impact of their programs cannot be fully assessed from the provided data.

Is the organization's asset base appropriate for its revenue level?

With assets consistently around $2.8 million to $3.2 million against annual revenues of approximately $500,000, the organization maintains a substantial asset base. This could indicate significant property holdings related to its housing mission or a healthy reserve, providing long-term stability.

Filing History

IRS 990 filing history for Properties Management Unlimited Corporation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Properties Management Unlimited Corporation's revenue has grown by 58.7%, moving from $335K to $532K. Total assets increased by 15% over the same period, from $2.3M to $2.7M. Total functional expenses rose by 78.9%, from $226K to $404K. In its most recent filing year (2023), Properties Management Unlimited Corporation reported a surplus of $129K, with revenue exceeding expenses. The organization holds $605K in liabilities against $2.7M in assets (debt-to-asset ratio: 22.5%), resulting in net assets of $2.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$532K	$404K	$2.7M	$605K	—	—
2022	$559K	$376K	$3.3M	$1.3M	—	View 990
2021	$476K	$367K	$2.8M	$1.0M	—	View 990
2020	$475K	$413K	$2.9M	$1.2M	—	View 990
2019	$472K	$397K	$2.9M	$1.3M	—	View 990
2018	$470K	$399K	$3.0M	$1.5M	—	View 990
2017	$474K	$368K	$3.1M	$1.6M	—	View 990
2016	$462K	$371K	$3.1M	$1.8M	—	View 990
2015	$463K	$379K	$3.2M	$1.9M	—	View 990
2014	$613K	$324K	$3.2M	$2.0M	—	View 990
2013	$394K	$304K	$3.0M	$2.1M	—	View 990
2012	$374K	$268K	$2.7M	$1.9M	—	View 990
2011	$335K	$226K	$2.3M	$1.6M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $532K, expenses of $404K, and assets of $2.7M (revenue -4.8% year-over-year).
2022: Revenue of $559K, expenses of $376K, and assets of $3.3M (revenue +17.6% year-over-year).
2021: Revenue of $476K, expenses of $367K, and assets of $2.8M (revenue +0.1% year-over-year).
2020: Revenue of $475K, expenses of $413K, and assets of $2.9M (revenue +0.7% year-over-year).
2019: Revenue of $472K, expenses of $397K, and assets of $2.9M (revenue +0.3% year-over-year).
2018: Revenue of $470K, expenses of $399K, and assets of $3.0M (revenue -0.6% year-over-year).
2017: Revenue of $474K, expenses of $368K, and assets of $3.1M (revenue +2.4% year-over-year).
2016: Revenue of $462K, expenses of $371K, and assets of $3.1M (revenue -0.2% year-over-year).
2015: Revenue of $463K, expenses of $379K, and assets of $3.2M (revenue -24.5% year-over-year).
2014: Revenue of $613K, expenses of $324K, and assets of $3.2M (revenue +55.7% year-over-year).
2013: Revenue of $394K, expenses of $304K, and assets of $3.0M (revenue +5.4% year-over-year).
2012: Revenue of $374K, expenses of $268K, and assets of $2.7M (revenue +11.4% year-over-year).
2011: Revenue of $335K, expenses of $226K, and assets of $2.3M.

Data Sources and Methodology

This transparency report for Properties Management Unlimited Corporation 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.