Marc Resources Inc
- Assets
- $440.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Macon, GA
- Founding
- 01/1993
- Data as of
- 06/2024
- EIN
- 58-2099359
Organization Overview
Marc Resources Inc is located in Macon, GA. The organization was established in 1993. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marc Resources 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 06/2024, Marc Resources Inc generated $175.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $106.8k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
HUD SUBSIDIZED HOUSING FOR 8 DEVELOPMENTALLY DISABLED TENANTS UNDERSECTION 202 OF THE NATIONAL HOUSING ACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pam Nichols Treasurer | 0 | $0 | |
Michael Gibbons President | 0 | $0 | |
Sherry Sanders Director | 0 | $0 | |
Brenda Thomas Director | 0 | $0 | |
Emily Battle Director | 0 | $0 | |
Sonja Tillman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,004 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $355 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $80,932 |
| Total Revenue | $175,291 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $910 |
| Occupancy, rent, utilities, and maintenance | $44,966 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,915 |
| Total expenses | $106,791 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $265,014 |
| Other assets | $0 |
| Total assets | $440,406 |
| Total liabilities | $148,694 |
| Net assets or fund balances | $291,712 |