Metropolitan Development Council

Nonprofit profile at a glance

EIN
910780533
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Tacoma, WA, USA
Phone
2533833921
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$22,261,654
Expenses
$22,166,638
Assets
$21,812,722
Liabilities
$17,435,501

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • SCOTT SCHUBERT (CEO)

Highest reported compensation

  • SCOTT SCHUBERT (CEO): $215,106 total reported compensation
  • TERRY KINNEY (MEDICAL DIRECTOR): $199,825 total reported compensation
  • TONIA ANN HESS (DIRECTOR OF CARE MANAGEMEN): $151,276 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Since 1964, the metropolitan development council (mdc) has been dedicated to helping people remove themselves from poverty and become self-sufficient. Mdc's integrated housing, healthcare, employment, and education programs empower individuals and families to address the specific barriers that have prevented them from living healthy, stable lives.

What it reported doing in 2024

Housingmdc operates a continuum of affordable housing options for individualsand families who are coming out of homelessness or have lower incomes, many of whom experience disabilities. Apartments, duplexes, grouphomes and single family dwellings comprise the more than 340 units ofrental housing available from mdc, making it possible for 900individuals to be served each year. Mdc provides many specialized services to help stabilize these individuals and families. Mdc's continuum of care provides clients with housing placement and on-going services that best meet their needs. Professional case management services are tailored to fit the needs of each tenant in reducing barriers to permanent housing and self-sufficiency.homeless prevention programs include utility assistance through the lowincome housing energy and assistance program ("liheap") in partnershipwith the state and local utility companies; conservation of energy usethrough small repair and weatherization measures added to homes in thecity of tacoma. Due to the worldwide pandemic outbreak oif covid-19, mdc has expanded it's liheap assistance program to include rental assistance programs to assist clients with eviction prevention and rental assistance for lost wages.the rapid re-housing project contributes to homeless prevention and thehousing of clients in need of help finding and maintaining affordable housing.

Operating model

Revenue model
Grant-funded. 67% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 68% for direct work, and 32% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 81
  • Accountability: 95
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.8%; rating input score 92
  • Program expense ratio: 91%; rating input score 91
  • Fundraising efficiency: $64.91 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.4%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.8; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 4.8%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: 2.8% per year; rating input score 100; 24th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 22nd percentile among comparable filings
  • Asset growth: 2.4% per year; rating input score 100; 19th percentile among comparable filings

Details

  • Where the money goes: 91.8% of revenue deployed · 91% of spending went to programs
  • Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $20.2M in reported program spending
  • Leadership: top reported pay $215K · 16 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $550K reported
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Sustainability: Operating margin scored 35/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 52/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.