Mission Interests Committee Inc
- Assets
- $15.9m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 268
- Location
- Harrison, AR
- Founding
- 11/1956
- Data as of
- 06/2023
- EIN
- 48-6119343
Organization Overview
Mission Interests Committee Inc is located in Harrison, AR. The organization was established in 1956. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Mission Interests Committee Inc employed 268 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mission Interests Committee 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, Mission Interests Committee Inc generated $12.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $12.5m during the year ending 06/2023. While expenses have increased by 4.1% per year over the past 8 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.
Since 2016, Mission Interests Committee Inc has awarded 13 individual grants totaling $202,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MICS PRIMARY PURPOSE IS TO PROMOTE THE GOSPEL OF JESUS CHRIST THROUGH VARIOUS AVENUES OF MINISTRY INCLUDING EVANGELISM, EDUCATION, AND BENEVOLENT FORMS OF CHRISTIAN SERVICE, AND THE OPERATION OF ONE NURSING HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HILLCREST HOME - MIC OPERATES A NURSING HOME LOCATED IN HARRISON, ARKANSAS. HILLCREST HOME HAS PROVIDED SPIRITUAL, PHYSICAL, AND EMOTIONAL CARE FOR AN AVERAGE OF 93 ELDERLY CLIENTS DAILY. WHILE PROVIDING THIS CARE TO THE ELDERLY, YOUTH RECEIVING MINIMAL COMPENSATION ARE ENCOURAGED TO GROW SPIRITUALLY AND SERVE CHRIST BY SERVING OTHERS. THE EXTRA FUNDS GENERATED BY THE MINIMAL COMPENSATION TO THE YOUTH ARE THEN USED TO SUPPORT CHRISITIAN EVANGELISM THROUGHOUT THE WORLD.
MISSIONS AND OTHER ORGANIZATION ACTIVITY SUPPORT - DURING THE YEAR, MIC HAD VARIOUS MISSIONS ACTIVITIES LOCATED IN IRELAND.SUPPORT WAS GIVEN TO MICS OPPERATION OF AMISH MENNONITE COMMUNITY LTD (AMC) IN IRELAND, WHICH STRESSES EVANGELISM THROUGH PERSONAL AND BUSINESS INTERACTIONS. AMC ALSO PROVIDES WORKPLACE TRAINING AND EMPLOYMENT, HOSTS SEMINARS ON FAMILY LIVING, CHILD TRAINING AND RELATED TOPICS, OPERATES A CHRISTIAN SCHOOL, AND WORKS WITH TROUBLED YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Yoder Hillcrest Home Administrator | Officer | 40 | $90,390 |
Omar Miller Hillcrest Home Admin Emeritus | Officer | 40 | $78,842 |
James Gingerich Vice Chairman | Trustee | 2 | $0 |
Glen Bontrager At Large | Trustee | 2 | $0 |
Steve Swartzentruber Chairman | Trustee | 2 | $0 |
Ed Yoder At Large | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Genesis Medical Billing Medicare Billing | 6/29/17 | $105,964 |
Aegis Therapies Contract Therapy | 6/29/17 | $900,524 |
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 | $758,353 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $758,353 |
| Total Program Service Revenue | $11,370,460 |
| Investment income | $35,022 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $82,369 |
| Net Gain/Loss on Asset Sales | $98,781 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $309,552 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,789,960 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $73,479 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $42,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $156,366 |
| Compensation of current officers, directors, key employees. | $78,183 |
| Compensation to disqualified persons | $96,395 |
| Other salaries and wages | $5,872,247 |
| Pension plan accruals and contributions | $78,576 |
| Other employee benefits | $358,335 |
| Payroll taxes | $503,974 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,366 |
| Fees for services: Accounting | $60,957 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $646,709 |
| Advertising and promotion | $3,600 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,061,006 |
| Travel | $147,289 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,082 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $219,347 |
| Insurance | $317,403 |
| All other expenses | $535,818 |
| Total functional expenses | $12,542,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $807,014 |
| Savings and temporary cash investments | $1,801,071 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,503,285 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $376,503 |
| Prepaid expenses and deferred charges | $32,268 |
| Net Land, buildings, and equipment | $3,983,070 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $15,750 |
| Other assets | $7,383,334 |
| Total assets | $15,902,295 |
| Accounts payable and accrued expenses | $783,060 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $10,815 |
| 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 | $7,354,304 |
| Total liabilities | $8,148,179 |
| Net assets without donor restrictions | $7,728,174 |
| Net assets with donor restrictions | $25,942 |
| 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 | $15,902,295 |
Grants Awarded
Over the last fiscal year, Mission Interests Committee Inc has awarded $24,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FAITH BUILDERS PURPOSE: CAPITAL AND GENERAL NEEDS | $8,500 |
CALVARY BIBLE SCHOOL PURPOSE: OPERATIONS | $15,500 |