Umh Management Services Corp
Umh Management Services Corp maintains stable operations with revenues closely matching expenses and no reported officer compensation.
EIN: 161486032 · Binghamton, NY · NTEE: P020 · Updated: 2026-03-28
About Umh Management Services Corp
Umh Management Services Corp (EIN: 161486032) is a nonprofit organization based in Binghamton, NY, classified under NTEE code P020. The organization reported total revenue of $5.4M and total assets of $13.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Umh Management Services Corp'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 Umh Management Services Corp 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Umh Management Services Corp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through a related entity, which is a significant point of transparency regarding direct payouts from this specific entity.
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 Management Services Corp's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
- Consistent slight operating deficits in recent years (e.g., 2023: $5,269,395 revenue vs. $5,314,475 expenses)
Strengths
The following positive indicators were identified for Umh Management Services Corp:
- Consistent financial operations over a decade, indicating stability
- No reported officer compensation, suggesting efficient use of funds or alternative compensation structures
- Long filing history (13 filings) demonstrates consistent compliance and transparency
- Assets consistently exceed liabilities, indicating financial solvency
Frequently Asked Questions about Umh Management Services Corp
How does Umh Management Services Corp fund its executive compensation if 0% is reported?
The consistent reporting of 0% officer compensation suggests that executive compensation might be handled by a parent organization, a related entity, or that the leadership is entirely volunteer-based for this specific entity. Further investigation into consolidated financial statements or related party transactions would be needed to clarify this.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency and would typically be found in the full IRS Form 990.
Why have assets decreased from a peak of $16 million in 2020 to $12.1 million in 2023?
The decrease in assets could be due to various factors such as depreciation of property and equipment, strategic divestment of assets, or increased liabilities. Without more detailed financial statements, the exact reasons for this trend cannot be definitively determined.
Filing History
IRS 990 filing history for Umh Management Services Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Umh Management Services Corp's revenue has grown by 3.4%, moving from $5.1M to $5.3M. Total assets increased by 179.5% over the same period, from $4.4M to $12.2M. Total functional expenses rose by 8.4%, from $4.9M to $5.3M. In its most recent filing year (2023), Umh Management Services Corp reported a deficit of $45K, with expenses exceeding revenue. The organization holds $8.9M in liabilities against $12.2M in assets (debt-to-asset ratio: 73.4%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $5.3M | $12.2M | $8.9M | — | — |
| 2022 | $5.0M | $5.3M | $13.5M | $10.1M | — | View 990 |
| 2021 | $5.8M | $5.3M | $14.2M | $10.8M | — | View 990 |
| 2020 | $5.3M | $5.4M | $16.0M | $13.4M | — | View 990 |
| 2019 | $5.6M | $5.7M | $15.4M | $12.5M | — | View 990 |
| 2018 | $5.7M | $5.7M | $15.6M | $12.8M | — | View 990 |
| 2017 | $6.3M | $6.3M | $15.5M | $12.6M | — | View 990 |
| 2016 | $5.8M | $5.8M | $15.8M | $13.2M | — | View 990 |
| 2015 | $5.4M | $5.3M | $16.2M | $13.7M | — | View 990 |
| 2014 | $5.2M | $5.0M | $14.5M | $12.0M | — | View 990 |
| 2013 | $4.8M | $4.8M | $10.4M | $7.8M | — | View 990 |
| 2012 | $5.8M | $5.4M | $5.2M | $2.7M | — | View 990 |
| 2011 | $5.1M | $4.9M | $4.4M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $5.3M, and assets of $12.2M (revenue +6.3% year-over-year).
- 2022: Revenue of $5.0M, expenses of $5.3M, and assets of $13.5M (revenue -15.1% year-over-year).
- 2021: Revenue of $5.8M, expenses of $5.3M, and assets of $14.2M (revenue +10.9% year-over-year).
- 2020: Revenue of $5.3M, expenses of $5.4M, and assets of $16.0M (revenue -6.6% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.7M, and assets of $15.4M (revenue -0.7% year-over-year).
- 2018: Revenue of $5.7M, expenses of $5.7M, and assets of $15.6M (revenue -9.7% year-over-year).
- 2017: Revenue of $6.3M, expenses of $6.3M, and assets of $15.5M (revenue +8.0% year-over-year).
- 2016: Revenue of $5.8M, expenses of $5.8M, and assets of $15.8M (revenue +8.1% year-over-year).
- 2015: Revenue of $5.4M, expenses of $5.3M, and assets of $16.2M (revenue +2.7% year-over-year).
- 2014: Revenue of $5.2M, expenses of $5.0M, and assets of $14.5M (revenue +9.9% year-over-year).
- 2013: Revenue of $4.8M, expenses of $4.8M, and assets of $10.4M (revenue -17.8% year-over-year).
- 2012: Revenue of $5.8M, expenses of $5.4M, and assets of $5.2M (revenue +13.8% year-over-year).
- 2011: Revenue of $5.1M, expenses of $4.9M, and assets of $4.4M.
Data Sources and Methodology
This transparency report for Umh Management Services 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.