Umh Ecm Corp

Umh Ecm Corp faces declining assets and consistent deficit spending in recent years.

EIN: 161421889 · Binghamton, NY · NTEE: E910 · Updated: 2026-03-28

$13.4MRevenue

$5.4MAssets

65/100Mission Score (Good)

E910

About Umh Ecm Corp

Umh Ecm Corp (EIN: 161421889) is a nonprofit organization based in Binghamton, NY, classified under NTEE code E910. The organization reported total revenue of $13.4M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Umh Ecm Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Umh Ecm Corp demonstrates a consistent operational history with revenues generally exceeding $10 million annually. However, recent filings show a trend of expenses surpassing revenue, particularly in 2023 ($14.4M expenses vs. $13.0M revenue) and 2022 ($12.6M expenses vs. $9.1M revenue), leading to a decline in net assets. The organization's assets have also decreased significantly from a peak of over $11 million in 2019 to $4.5 million in 2023, while liabilities have remained relatively stable, indicating a weakening financial position. The absence of reported officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under other categories, which could impact transparency regarding leadership costs.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent deficit spending in recent years raises concerns about long-term financial sustainability if not addressed. The organization's NTEE code E910 (Housing/Shelter) suggests a focus on direct services, which typically benefits from high program spending. The lack of reported officer compensation is a positive indicator for minimizing overhead in that specific area, but overall financial health is trending negatively.

Transparency is generally good with consistent annual filings. However, the lack of specific details on how expenses are allocated across programs, administration, and fundraising in the provided data limits a comprehensive assessment of spending efficiency. The consistent reporting of zero officer compensation is noteworthy and, if accurate, indicates a lean approach to executive pay, which is a positive transparency signal.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Umh Ecm Corp with a Mission Score of 65 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Umh Ecm Corp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Umh Ecm Corp consistently reports 0% officer compensation across all available filings, suggesting either a volunteer executive leadership or that executive salaries are categorized differently, which would be unusual for an organization with over $13 million in annual revenue.

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 Umh Ecm Corp's IRS 990 filings:

Consistent deficit spending in recent years (e.g., $1.3M deficit in 2023, $3.5M deficit in 2022).
Significant decline in total assets from $11.3M in 2019 to $4.5M in 2023.
Unusually low (0%) reported officer compensation for an organization of this size, which might obscure true leadership costs if reported elsewhere.

Strengths

The following positive indicators were identified for Umh Ecm Corp:

Long operational history with consistent annual filings.
Substantial annual revenue, consistently over $10 million for many years.
No reported officer compensation, indicating a potentially lean approach to executive pay.

Frequently Asked Questions about Umh Ecm Corp

Is Umh Ecm Corp financially stable?

Based on recent filings, Umh Ecm Corp's financial stability appears to be weakening. Expenses have exceeded revenue in the last two reported periods (2023 and 2022), and total assets have significantly decreased from $11.3 million in 2019 to $4.5 million in 2023.

How does Umh Ecm Corp manage its executive compensation?

Umh Ecm Corp consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no compensation is paid directly to officers or that it is reported under other expense categories.

What is the trend in Umh Ecm Corp's net assets?

Umh Ecm Corp's net assets have been on a downward trend, decreasing from a high of $11.3 million in 2019 to $4.5 million in 2023, largely due to expenses exceeding revenues in recent years.

Filing History

IRS 990 filing history for Umh Ecm Corp showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Umh Ecm Corp's revenue has grown by 25.1%, moving from $10.5M to $13.1M. Total assets decreased by 54.4% over the same period, from $10.1M to $4.6M. Total functional expenses rose by 45%, from $10.0M to $14.4M. In its most recent filing year (2023), Umh Ecm Corp reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $3.8M in liabilities against $4.6M in assets (debt-to-asset ratio: 82.7%), resulting in net assets of $792K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$13.1M	$14.4M	$4.6M	$3.8M	—	—
2022	$9.1M	$12.6M	$5.3M	$3.2M	—	—
2021	$11.7M	$11.9M	$9.5M	$3.1M	—	View 990
2020	$12.3M	$13.3M	$10.1M	$3.7M	—	View 990
2019	$12.6M	$12.1M	$11.3M	$3.7M	—	View 990
2018	$12.2M	$11.7M	$10.9M	$4.1M	—	View 990
2017	$11.7M	$11.3M	$10.9M	$4.3M	—	View 990
2016	$11.3M	$11.1M	$10.5M	$4.5M	—	View 990
2015	$10.6M	$10.6M	$10.2M	$4.6M	—	View 990
2014	$10.1M	$10.3M	$10.5M	$4.9M	—	View 990
2013	$10.1M	$10.0M	$10.4M	$4.6M	—	View 990
2012	$10.2M	$10.1M	$9.6M	$4.0M	—	View 990
2011	$10.5M	$10.0M	$10.1M	$4.6M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $13.1M, expenses of $14.4M, and assets of $4.6M (revenue +43.5% year-over-year).
2022: Revenue of $9.1M, expenses of $12.6M, and assets of $5.3M (revenue -22.3% year-over-year).
2021: Revenue of $11.7M, expenses of $11.9M, and assets of $9.5M (revenue -4.5% year-over-year).
2020: Revenue of $12.3M, expenses of $13.3M, and assets of $10.1M (revenue -2.5% year-over-year).
2019: Revenue of $12.6M, expenses of $12.1M, and assets of $11.3M (revenue +3.5% year-over-year).
2018: Revenue of $12.2M, expenses of $11.7M, and assets of $10.9M (revenue +4.4% year-over-year).
2017: Revenue of $11.7M, expenses of $11.3M, and assets of $10.9M (revenue +3.1% year-over-year).
2016: Revenue of $11.3M, expenses of $11.1M, and assets of $10.5M (revenue +6.5% year-over-year).
2015: Revenue of $10.6M, expenses of $10.6M, and assets of $10.2M (revenue +4.8% year-over-year).
2014: Revenue of $10.1M, expenses of $10.3M, and assets of $10.5M (revenue +0.7% year-over-year).
2013: Revenue of $10.1M, expenses of $10.0M, and assets of $10.4M (revenue -1.3% year-over-year).
2012: Revenue of $10.2M, expenses of $10.1M, and assets of $9.6M (revenue -2.6% year-over-year).
2011: Revenue of $10.5M, expenses of $10.0M, and assets of $10.1M.

Data Sources and Methodology

This transparency report for Umh Ecm 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.