Arc Of Midland
- Assets
- $662.5k
- Revenue
- $827.9k
- Investments
- $0.0
- Employees
- 16
- Location
- Midland, MI
- Founding
- 01/1959
- Data as of
- 12/2023
- EIN
- 38-1877764
Organization Overview
Arc Of Midland is located in Midland, MI. The organization was established in 1959. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Arc Of Midland employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arc Of Midland 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 12/2023, Arc Of Midland generated $827.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $741.1k during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ARC OF MIDLAND PROMOTES THE GENERAL WELFARE OF INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND FOSTERS THEIR PARTICIPATION, PRESENCE AND INCLUSION IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY/INDIVIDUAL SUPPORT SERVICES: SYSTEM ADVOCACY FOR INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENT DISABILITIES
COMMUNITY DEVELOPMENT - PROGRAMS TO INCREASE THE PRESENCE, PARTICIPATION AND INCLUSION OF PERSONS WITH INTELLECTUAL AND DEVELOPMENT DISABILITIES IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurel Bucci Executive Dir. | Officer | 40 | $60,000 |
Dallas Rau President | OfficerTrustee | 2 | $0 |
Mike Sokol Vice President | OfficerTrustee | 2 | $0 |
Megan Anderson Secretary | OfficerTrustee | 2 | $0 |
Stuart Davidson Treasurer | OfficerTrustee | 2 | $0 |
Kate Yancey Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $96,779 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $421,248 |
| Noncash contributions included in lines 1a–1f | $472 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $518,027 |
| Total Program Service Revenue | $129,528 |
| Investment income | $6,809 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $38,072 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $827,938 |
| 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. | $60,000 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $395,736 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,612 |
| Payroll taxes | $35,609 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,164 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,795 |
| Advertising and promotion | $27,595 |
| Office expenses | $6,115 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,451 |
| Travel | $7,508 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,690 |
| Insurance | $6,766 |
| All other expenses | $10,659 |
| Total functional expenses | $741,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,278 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $200,102 |
| Accounts receivable, net | $8,866 |
| 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 | $2,500 |
| Net Land, buildings, and equipment | $9,672 |
| Investments—publicly traded securities | $194,877 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $155,204 |
| Total assets | $662,499 |
| Accounts payable and accrued expenses | $25,464 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $135,427 |
| Total liabilities | $160,891 |
| Net assets without donor restrictions | $403,256 |
| Net assets with donor restrictions | $98,352 |
| 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 | $662,499 |