Marc Housing Inc
- Assets
- $266.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 01/1980
- Data as of
- 06/2023
- EIN
- 58-1382494
Organization Overview
Marc Housing Inc is located in Memphis, TN. The organization was established in 1980. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marc Housing 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 Housing Inc generated $53.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $48.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 8 years. 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
PROVIDED HOUSING TO LOW INCOME DEVELOPMENTALLY DISABLED ADULTS AT A 20 UNIT HOUSING FACILITY IN MEMPHIS,TN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Smith Board Member | 0 | $0 | |
George Brogdon Chair | 0 | $0 | |
John J Williams Secretary | 0 | $0 | |
Robert Mcbride 1st Vice Cha | 0 | $0 | |
Thomas Sullivan Treasurer | 0 | $0 | |
Jay Ebelhar Past Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $53,178 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,191 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,756 |
| Professional fees and other payments to independent contractors | $1,050 |
| Occupancy, rent, utilities, and maintenance | $34,391 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,508 |
| Total expenses | $48,705 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,255 |
| Other assets | $0 |
| Total assets | $266,931 |
| Total liabilities | $34,577 |
| Net assets or fund balances | $232,354 |