Professional Management Association Inc is located in Washington, DC. The organization was established in 2004. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Professional Management Association Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2021, Professional Management Association Inc generated $551.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $551.9k during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TITLE HOLDING CORPORATION 501(C)(2)
Describe the Organization's Program Activity:
Part 3 - Line 4a
.
TITLE HOLDING CORPORATION 501(C)(2)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
G Thomas Borger Treasurer/di | OfficerTrustee | 1 | $0 |
Richard Greninger President/di | OfficerTrustee | 1 | $0 |
Robert Thompson Director | Trustee | 1 | $0 |
David Bender Director | Trustee | 1 | $0 |
Michael Vito Director | Trustee | 1 | $0 |
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 | $0 |
Investment income | $256,179 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $295,712 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $551,891 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,903 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $63,329 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $180 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $469,228 |
Depreciation, depletion, and amortization | $0 |
Insurance | $6,783 |
All other expenses | $0 |
Total functional expenses | $551,891 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $3,916 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $6,276,316 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $43,442 |
Total assets | $6,323,674 |
Accounts payable and accrued expenses | $457 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
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 | $6,323,217 |
Total liabilities | $6,323,674 |
Net assets without donor restrictions | $0 |
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 | $6,323,674 |
Organization Name | Assets | Revenue |
---|---|---|
Mpb Inc Norfolk, VA | $396,978,838 | $58,868,450 |
Community Capital Corporation - Sonia Gutierrez Campus Washington, DC | $0 | $6,304,492 |
Bit Holdings Three Inc Baltimore, MD | $969,623,957 | $40,242,400 |
Northern Virginia Assoc Of Realtors Incorporated Fairfax, VA | $24,558,097 | $7,651,355 |
1800 Massachusetts Avenue Corp Washington, DC | $77,332,269 | $5,465,941 |
Richmond Board Of Realtors Richmond, VA | $32,077,110 | $4,626,448 |
American Diabetes Association Property Title Holding Corporation Arlington, VA | $20,277,269 | $1,938,970 |
Greater Baltimore Board Of Realtors Inc Lutherville Timonium, MD | $9,621,072 | $2,245,768 |
Anne Arundel County Assoc Of Realtors Inc Arnold, MD | $9,217,447 | $1,607,042 |
Realtor Association Of Prince William Woodbridge, VA | $4,982,034 | $1,059,299 |
Southern Maryland Association Of Realtors Inc Hughesville, MD | $2,652,658 | $970,611 |
Community Connections Real Estate Foundation Washington, DC | $18,151,113 | $2,022,505 |