MSC Realty Inc
Nonprofit profile at a glance
- EIN
- 050518788
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Providence, RI, USA
- Phone
- 4015339100
- Rating confidence
- Limited
- Sector
- Real Estate Associations
Reported finances
- Revenue
- $0
- Expenses
- $354,014
- Assets
- $5,360,551
- Liabilities
- $10,580,842
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- John M Kelly (President)
Highest reported compensation
- John M Kelly (President): $865,967 total reported compensation
- Denise Parent (Chief Business Officer): $395,187 total reported compensation
- Nazik Fernandes (CHIEF FINANCIAL OFFICER): $192,450 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To hold title to certain property, collect income therefrom, and remit any net funds to meeting street, a related nonprofit organization.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- 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: 60
- Accountability: 91
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Missing
- Other executive compensation review process: Missing
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 15.14; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 1.97; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 73%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 41.4% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 10.9% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 13.5% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 20 of 20 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $866K · 28 people listed · 0 of 6 pay-setting controls reported
- Consistency: 14 of 14 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 5 filed related-organization links
- 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 5/100.