Mcrc Rehabilitation Inc
- Assets
- $350.2k
- Revenue
- $223.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Galesburg, IL
- Founding
- 08/1988
- Data as of
- 06/2022
- EIN
- 36-3558388
Organization Overview
Mcrc Rehabilitation Inc is located in Galesburg, IL. The organization was established in 1988. 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. Mcrc Rehabilitation 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 06/2022, Mcrc Rehabilitation Inc generated $223.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $240.7k during the year ending 06/2022. While expenses have increased by 1.7% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOUSING TO THE ELDERLY AND DISABLED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A 12 UNIT APARTMENT AND 8 UNIT GROUP HOME FOR ELDERLY & HANDICAPPED PURSUANT TO EXEMPT PURPOSE.
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 |
|---|---|---|---|
William Nelson Ceo/president | OfficerTrustee | 0.5 | $0 |
David Garner Chairman | OfficerTrustee | 0.5 | $0 |
Steve Tibbitts Vice Chairman | OfficerTrustee | 0.5 | $0 |
Staci Danner Treasurer | Officer | 0.5 | $0 |
Jennifer Dalton Secretary | Officer | 0.5 | $0 |
Jason Duncan Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $221,268 |
| Investment income | $22 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $223,608 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,842 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $16,729 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,345 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,878 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,840 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $40,162 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,417 |
| Insurance | $14,210 |
| All other expenses | $0 |
| Total functional expenses | $240,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,286 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,605 |
| 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 | $13,136 |
| Net Land, buildings, and equipment | $264,006 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $58,179 |
| Total assets | $350,212 |
| Accounts payable and accrued expenses | $96,735 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $625,516 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,049 |
| Total liabilities | $727,300 |
| Net assets without donor restrictions | -$377,088 |
| Net assets with donor restrictions | $0 |
| 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 | $350,212 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communicare Inc Elizabethtown, KY | $28,348,921 | $60,451,049 |
Hamilton Center Inc Terre Haute, IN | $46,620,128 | $48,986,335 |
Cedar Lake Lodge Inc Louisville, KY | $20,570,486 | $29,271,198 |
New Hope Of Indiana Inc Indianapolis, IN | $18,496,308 | $25,933,422 |
Handicapped Development Center Davenport, IA | $35,091,381 | $23,612,194 |
Northwest Passage Limited Webster, WI | $8,068,640 | $12,387,933 |
Child Center Marygrove Florissant, MO | $7,146,783 | $10,512,992 |
Comprehend Inc Regional Mental Health-Mental Retardation Board In Maysville, KY | $11,822,807 | $11,248,090 |
Lifedesigns Inc Bloomington, IN | $12,506,879 | $10,047,462 |
Queen Of Peace Center St Louis, MO | $4,544,737 | $9,333,089 |
Ellipsis Inc Johnston, IA | $11,044,724 | $15,079,487 |
Norris Inc Mukwonago, WI | $38,370,583 | $6,051,091 |