Mission
THE ORGANIZATION'S MISSION IS TO IMPROVE THE QUALITY OF LIFE FOR LOW TO MODERATE-INCOME PERSONS BY PROVIDING SAFE, QUALITY HOUSING.
Public Charity
METROPOLITAN PROPERTY MANAGEMENT INC
Based in WASHINGTON, NC, METROPOLITAN PROPERTY MANAGEMENT INC operates as a Public Charity. The organization reported $4.1M in revenue, $4.2M in expenses, $266K in total assets for fiscal year 2025. Imperigo tracks 9 reported grants from this foundation totaling approximately $1.0M.
EIN: 275170073
WASHINGTON, NC
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2025
Total Revenue$4.1M
Total Expenses$4.2M
Total Assets$266K
Grants Given9
Grant Total$1.0M
Filing Years2021–2025
Where $100 goes at Metropolitan Property Management Inc
How Metropolitan Property Management Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$87
Programs
the work itself
$13
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $87 for programs
$87
Provides superior management services to owners of multifamily rental housing developments serving low to moderate income families and elderly and/or disabled persons
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
SUPPORT OPERATIONS
$140,955
SUPPORT OPERATIONS
$188,795
SUPPORT OPERATIONS
$71,273
SUPPORT OPERATIONS
$81,217
SUPPORT OPERATIONS
$86,421
Showing up to 5 of 9 total records — full history available with membership.
Officers & Directors
BOARD CHAIR
Eric Whitaker
DIRECTOR
Ernest Reese Jr
VICE CHAIR
Garrick Witherspoon
EXECUTIVE DIRECTOR
Joseph Moore
SECRETARY
Joyce O'neal
TREASURER
Mildred Randolph
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.1M | $4.2M | $266K |
| 2024 | $3.9M | $4.2M | $229K |
| 2023 | $3.4M | $3.1M | $491K |
| 2022 | $2.8M | $2.9M | $167K |
| 2021 | $2.8M | $2.7M | $123K |
Between 2021 and 2025, reported annual revenue grew from $2.8M to $4.1M (+48%), with total assets most recently reported at $266K.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NC.
NC
Full geographic grant map with state-by-state breakdown available with membership.