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Nonprofit · EIN 27-5170073

METROPOLITAN PROPERTY MANAGEMENT INC

Tax-exempt · WASHINGTON, NC 27889

Financials

$3.4M$3.1M2023$3.9M$4.2M2024$4.1M$4.2M2025
Revenue Expenses · by fiscal year end
Financials of METROPOLITAN PROPERTY MANAGEMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$4,093,267$4,178,247-$84,980$265,824$403,703-$137,879
December 31, 2024990$3,895,175$4,242,869-$347,694$229,008$281,907-$52,899
December 31, 2023990$3,425,105$3,123,029$302,076$490,985$196,190$294,795
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$4,091,143
Investment income
$2,124
Other revenue
$0

Expenses

Grants and similar amounts paid
$140,955
Compensation of officers, directors and key employees
$101,131
Other salaries and wages
$3,110,598
Salaries, compensation and benefits (total)
$3,577,299
Professional fundraising fees
$0
Legal fees
$2,917
Accounting fees
$15,725
Occupancy
$29,992
Travel
$48,383
Depreciation
$2,999
Program services (functional)
$3,639,519
Management and general (functional)
$538,728

Balance sheet and other

Total assets, start of year
$229,008
Total assets, end of year
$265,824
Total liabilities, end of year
$403,703
Net assets, end of year
-$137,879
Land, buildings and equipment
$58,057
Net assets without donor restrictions
-$137,879
Gross receipts
$4,093,267
Employees
69
Volunteers
0
Year formed
2011
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JOSEPH MOOREEXECUTIVE DIRECTOR
Officer
40$95,886$5,244
ERIC WHITAKERBOARD CHAIR
Trustee or director, Officer
1$0$0
GARRICK WITHERSPOONVICE CHAIR
Trustee or director, Officer
1$0$0
JOYCE O'NEALSECRETARY
Trustee or director, Officer
1$0$0
MILDRED RANDOLPHTREASURER
Trustee or director, Officer
1$0$0
SOLOMON ORE JRDIRECTOR
Trustee or director
1$0$0
PAULA MCCULLOUGHDIRECTOR
Trustee or director
1$0$0
ERNEST REESE JRDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensationOther / benefits
JOSEPH MOOREEXECUTIVE DIRECTOR
Officer
40$92,253$17,670
ERIC WHITAKERBOARD CHAIR
Trustee or director, Officer
1$0$0
GARRICK WITHERSPOONVICE CHAIR
Trustee or director, Officer
1$0$0
JOYCE O'NEALSECRETARY
Trustee or director, Officer
1$0$0
MILDRED RANDOLPHTREASURER
Trustee or director, Officer
1$0$0
SOLOMON ORE JRDIRECTOR
Trustee or director
0.75$0$0
PAULA MCCULLOUGHDIRECTOR
Trustee or director
0.75$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
JOSEPH MOOREEXECUTIVE DIRECTOR
Officer
40$87,778$15,141
ERIC WHITAKERBOARD CHAIR
Trustee or director, Officer
1$0$0
GARRICK WITHERSPOONVICE CHAIR
Trustee or director, Officer
1$0$0
JOYCE O'NEALSECRETARY
Trustee or director, Officer
1$0$0
MILDRED RANDOLPHTREASURER
Trustee or director, Officer
1$0$0
SOLOMON ORE JRDIRECTOR
Trustee or director
0.75$0$0
WATSI SUTTONDIRECTOR
Trustee or director
0.75$0$0
PAULA MCCULLOUGHDIRECTOR
Trustee or director
0.75$0$0

Address and contacts

Address (IRS master file)
PO BOX 1706, WASHINGTON, NC 27889-1706
In care of
% DAVID MOORE
Mailing address (990-N for 2011)
PO BOX 1706, WASHINGTON NC 27889
Principal officer (990 for 2025)
JOSEPH MOORE, PO BOX 1706, WASHINGTON, NC 27889
Principal officer (990-N for 2011)
ERIC WHITAKER, PO BOX 1706, WASHINGTON NC 27889
Signed the 990
JOSEPH MOORE, EXECUTIVE DIRECTOR
Phone
(252) 945-9039
Return prepared by
BERNARD ROBINSON & COMPANY LLP

Mission

THE ORGANIZATION'S MISSION IS TO IMPROVE THE QUALITY OF LIFE FOR LOW TO MODERATE-INCOME PERSONS BY PROVIDING SAFE, QUALITY HOUSING.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDES SUPERIOR MANAGEMENT SERVICES TO OWNERS OF MULTIFAMILY RENTAL HOUSING DEVELOPMENTS SERVING LOW TO MODERATE INCOME FAMILIES AND ELDERLY AND/OR DISABLED PERSONS. THE ORGANIZATION FOCUSES ON PROVIDING SAFE AND QUALITY HOUSING FOR RESIDENTS OF THE PROJECTS WHICH THE ORGANIZATION SERVICES.
    Expenses $3,639,519 · grants $140,955 · revenue $4,091,143

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-5170073
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$265,824
Income (IRS master file)
$4,093,267

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$4,093,267$4,178,247$265,824XML
990December 2024$3,895,175$4,242,869$229,008XML
990December 2023$3,425,105$3,123,029$490,985XML
990December 2022$2,794,460$2,911,078$166,613IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990-N for 2011
Officer: ERIC WHITAKER
December 31, 2011≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-5170073).

Questions about METROPOLITAN PROPERTY MANAGEMENT INC

What is the EIN of METROPOLITAN PROPERTY MANAGEMENT INC?
The employer identification number (EIN) of METROPOLITAN PROPERTY MANAGEMENT INC is 27-5170073.
Is METROPOLITAN PROPERTY MANAGEMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to METROPOLITAN PROPERTY MANAGEMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does METROPOLITAN PROPERTY MANAGEMENT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of METROPOLITAN PROPERTY MANAGEMENT INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did METROPOLITAN PROPERTY MANAGEMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of METROPOLITAN PROPERTY MANAGEMENT INC?
The 990 for the year ended December 31, 2025 names JOSEPH MOORE.
Who are the officers and directors of METROPOLITAN PROPERTY MANAGEMENT INC?
The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $95,886 (JOSEPH MOORE, EXECUTIVE DIRECTOR).
How much revenue does METROPOLITAN PROPERTY MANAGEMENT INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $4,093,267, expenses of $4,178,247 and total assets of $265,824 at year end.

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