Marrakech Housing Options Inc
- Assets
- $5.6m
- Revenue
- $27.8m
- Investments
- $0.0
- Employees
- 2
- Location
- Woodbridge, CT
- Founding
- 12/1991
- Data as of
- 06/2021
- EIN
- 06-1319874
Organization Overview
Marrakech Housing Options Inc is located in Woodbridge, CT. The organization was established in 1991. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 06/2021, Marrakech Housing Options Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marrakech Housing Options Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Marrakech Housing Options Inc generated $27.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $28.0m during the year ending 06/2021. While expenses have increased by 5.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOUSING AND PROGRAMS FOR DEVELOPMENTALLY DISABLED PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING NON-INSTITUTIONAL INDEPENDENT LIVING FACILITIES FOR HANDICAPPED AND DEVELOPMENTALLY DISABLED PERSONS, INCLUDING DAY CARE PROGRAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather I Latorra CEO | Officer | 25 | $244,003 |
Jeffrey L Andrus Finance Dire | Officer | 25 | $108,760 |
Suzanne Letso Vice Chairma | OfficerTrustee | 0.5 | $0 |
Steven P Shwartz Chairman | OfficerTrustee | 0.5 | $0 |
Deborah Stanley-Mcaulay Secretary | OfficerTrustee | 0.5 | $0 |
Ann Arpino CPA Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,394,211 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,399,211 |
| Total Program Service Revenue | $1,331,259 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $55,100 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,806,476 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $168,179 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,099,763 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,991,235 |
| Payroll taxes | $1,291,712 |
| Fees for services: Management | $2,630,060 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $981,045 |
| Advertising and promotion | $0 |
| Office expenses | $18,010 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,218,695 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,197 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $442,690 |
| Insurance | $139,680 |
| All other expenses | $267,689 |
| Total functional expenses | $28,028,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,097 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,170,281 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,007 |
| Net Land, buildings, and equipment | $1,398,044 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,573 |
| Total assets | $5,599,002 |
| Accounts payable and accrued expenses | $98,109 |
| Grants payable | $0 |
| Deferred revenue | $27,304 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,843,259 |
| Total liabilities | $5,968,672 |
| Net assets without donor restrictions | -$391,730 |
| Net assets with donor restrictions | $22,060 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,599,002 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Village Inc Dobbs Ferry, NY | $78,068,728 | $120,126,101 |
Cayuga Home For Children Auburn, NY | $52,903,582 | $119,015,100 |
Brockton Area Multi-Services Inc Brockton, MA | $53,527,033 | $98,602,137 |
Independent Group Home Living Program Inc manorville, NY | $86,478,520 | $78,871,944 |
Springbrook Ny Inc Oneonta, NY | $70,518,641 | $82,992,594 |
Aim Services Inc Saratoga Springs, NY | $21,912,420 | $65,638,335 |
The Fogarty Center Barrington, RI | $14,482,171 | $63,079,699 |
Berkshire Farm Center And Services For Youth Canaan, NY | $71,666,899 | $71,278,594 |
Cds Monarch Inc Webster, NY | $48,021,600 | $52,074,503 |
Abbott House Irvington, NY | $21,964,456 | $48,325,456 |
Living Resources Corp Albany, NY | $27,600,860 | $48,007,513 |
Pathlight Inc Springfield, MA | $29,530,834 | $39,917,612 |