Umh Management Services Corp
- Assets
- $13.5m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 37
- Location
- Binghamton, NY
- Founding
- 11/1990
- Data as of
- 12/2022
- EIN
- 16-1486032
Organization Overview
Umh Management Services Corp is located in Binghamton, NY. The organization was established in 1990. According to its NTEE Classification (P02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Human Services and related organizations. As of 12/2022, Umh Management Services Corp employed 37 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Umh Management Services Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Umh Management Services Corp generated $5.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $5.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PERFORMS MANAGEMENT FUNCTIONS FOR THE EIGHT OTHER AFFILIATED ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTRALIZED MANAGEMENT FUNCTIONS AND SUPPORTIVE FINANCIAL, INFORMATION TECHNOLOGY AND ADMINISTRATIVE SRVICES FOR THE EIGHT OTHER BROTHER / SISTER RELATED AND AFFILIATED ORGANIZATIONS OF THE UNITED METHODIST HOMES WHICH PROVIDE SERVICES FOR THE FRAIL AND ILL ELDERLY. SUCH CENTRALIZED SERVICES INCLUDE QUALITY ASSURANCE, BUILDINGS AND GROUND MANAGEMENT, HUMAN RESOURCES, EMPLOYEE BENEFITS, MARKETING AND PUBLIC RELATIONS, GROUP PURCHASING, ACCOUNTING AND FINANCIAL SERVICES, BUDGETING, INFORMATION TECHNOLOGY, INSURANCE CONTRACTING, CONTRACT REVIEW AND NEGOTIATIONS, CORPORATE COMPLIANCE, AND OTHER ADMINISTRATIVE FUNCTIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Berg Chairperson | OfficerTrustee | 12 | $0 |
John Crounse Vice Chairperson | OfficerTrustee | 17 | $0 |
Robert Montgomey Secretary | OfficerTrustee | 5 | $0 |
William Lewis Treasurer | OfficerTrustee | 2 | $0 |
Rosanne Mulligan Assistant Secretary | OfficerTrustee | 2 | $0 |
Edwin Betz Assistant Treasurer | OfficerTrustee | 7.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Iron-tree Data Networks Inc Voice And Data Network Designs | 12/30/22 | $136,154 |
Baker Tilly Virchow Krause Llp Auditing, Tax Services | 12/30/22 | $142,256 |
Hartman Executive Advisors It Management | 12/30/22 | $105,950 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,746,806 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $60,834 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,954,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $454,528 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,480,256 |
| Pension plan accruals and contributions | $76,040 |
| Other employee benefits | $320,956 |
| Payroll taxes | $193,678 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,521 |
| Fees for services: Accounting | $160,857 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $507,957 |
| Advertising and promotion | $216,940 |
| Office expenses | $80,148 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,481 |
| Travel | $54,655 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $255,148 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $108,035 |
| Insurance | $135,980 |
| All other expenses | $7,796 |
| Total functional expenses | $5,318,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,092,373 |
| Savings and temporary cash investments | $562,181 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,057 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $165,055 |
| Net Land, buildings, and equipment | $286,745 |
| Investments—publicly traded securities | $2,176,655 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,201,339 |
| Total assets | $13,500,405 |
| Accounts payable and accrued expenses | $3,143,703 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $6,280,672 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $711,016 |
| Total liabilities | $10,135,391 |
| Net assets without donor restrictions | $3,365,014 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,500,405 |