Marc Of Virginia Inc
- Assets
- $142.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clarksville, VA
- Founding
- 08/1990
- Data as of
- 06/2023
- EIN
- 54-1523186
Organization Overview
Marc Of Virginia Inc is located in Clarksville, VA. The organization was established in 1990. According to its NTEE Classification (L24) the organization is classified as: Independent Housing for People with Disabilities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marc Of Virginia 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 06/2023, Marc Of Virginia Inc generated $45.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $64.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MARC OF VIRGINIA INC WAS ORGANIZED TO OWN AND OPERATE FACILITIES FOR INTELLECTUALLY DISABLED AND/OR HANDICAPPED INDIVIDUALS AS A SECTION 811 PROJECT UNDER THE NATIONAL AFFORDABLE HOUSING ACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frances Clark President | 1 | $0 | |
Joe Trickey Jr Vice-Preside | 1 | $0 | |
Betty Adams Secretary | 1 | $0 | |
Evella Hutcheson Treasurer | 1 | $0 | |
Joan Bowers Director | 1 | $0 | |
Ivan Hargrove Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $45,093 |
| Membership dues | $0 |
| Investment income | $50 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,143 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,239 |
| Professional fees and other payments to independent contractors | $8,690 |
| Occupancy, rent, utilities, and maintenance | $36,014 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,675 |
| Total expenses | $64,618 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,291 |
| Other assets | $0 |
| Total assets | $142,375 |
| Total liabilities | $13,557 |
| Net assets or fund balances | $128,818 |