Macedonia Community Development Corporation
- Assets
- $158.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Macedonia, IA
- Founding
- 08/1972
- Data as of
- 12/2023
- EIN
- 23-7197872
Organization Overview
Macedonia Community Development Corporation is located in Macedonia, IA. The organization was established in 1972. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Macedonia Community Development Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
12 PLEX HOUSING FOR LOW INCOME RESIDENTS.DISADVANTAGED COMMUNITY OF 350 RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Raney Secretary | 0.5 | $0 | |
Linda Wax Treasurer/mgr | 4 | $4,760 | |
Jim Braden Jr President | 0.5 | $0 | |
Jeff Bisbee Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $52,696 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,703 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,059 |
| Professional fees and other payments to independent contractors | $1,700 |
| Occupancy, rent, utilities, and maintenance | $18,575 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,412 |
| Total expenses | $52,746 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,537 |
| Other assets | $0 |
| Total assets | $158,447 |
| Total liabilities | $34,428 |
| Net assets or fund balances | $124,019 |