Mile Square Taxpayer Association 2009 Inc

Nonprofit profile at a glance

EIN
270475541
IRS 990-EZ coverage
2009–2013
Forms available
Form 990-EZ 2013
Location
Secaucus, NJ, USA
Phone
2016051061
Rating confidence
Limited
Sector
Public Finance, Taxation, Monetary Policy

Official website

Reported finances

Revenue
$80,115
Expenses
$87,197
Assets
$5,908
Liabilities
$2,542

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • RON SIMONCINI (EXECUTIVE DIRECTOR)

People named in this filing

  • RON SIMONCINI (EXECUTIVE DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote, support multifamily rent controlled property owners in New Jersey

What it reported doing in 2013

Mile Square Taxpayers Association serves the residential real estate community in Hoboken, New Jersey. Its programming in 2013/2014 included advocating for improvements in rent control regulation and other property rights issues. Its message was delivered through media relations, advertising and government relations activities that informed the 50,000 residents of Hoboken, owners of 12,000 condominium units, 8,000 multi-family rent controlled units, 8,000 public housing units and dozens of elected and appointed officials who regulate rental property activity.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Sustainability: 25
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -8.8%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.43; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -11.1% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: 10.1% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2009 to 2013
  • Contacts: How to reach this organization
  • 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.

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.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.