American Church Mortgage Company (ACMC) Research
Established in 1987 and headquartered in Minnetonka, Minnesota, American Church Mortgage Company operates as a real estate investment trust (REIT). This organization primarily offers mortgage financing to religious institutions and other non-profit spiritual groups throughout the United States. Additionally, it identifies and acquires mortgage-backed debt instruments issued by similar organizations. The company meets the criteria as a real estate investment trust for federal tax purposes, meaning it typically avoids federal corporate income taxes as long as it distributes a minimum of 90% of its taxable profits to its investors.
Market snapshot
- Symbol
- ACMC
- Price
- $0.04
- Day change
- 0.00%
- Market cap
- $2.1M
- P/E ratio
- -0.05x
- 52-week range
- 0.04-3.025
- Sector
- Real Estate
- Industry
- REIT - Mortgage
Peer companies
Recent insider activity
- Myers Philip J. — S-Sale (100 shares) on 2013-04-18
- Myers Philip J. — S-Sale (400 shares) on 2013-04-18
- Myers Philip J. — S-Sale (923 shares) on 2013-04-18
- Myers Philip J. — S-Sale (77 shares) on 2013-04-18
- Myers Philip J. — P-Purchase (2000 shares) on 2010-04-22
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