Marketing Association For Rehabilitation Centers Inc
- Assets
- $389.9k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 3
- Location
- Hendersonville, NC
- Founding
- 10/1981
- Data as of
- 06/2022
- EIN
- 59-2116568
Organization Overview
Marketing Association For Rehabilitation Centers Inc is located in Hendersonville, NC. The organization was established in 1981. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2022, Marketing Association For Rehabilitation Centers Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marketing Association For Rehabilitation Centers 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, Marketing Association For Rehabilitation Centers Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 20.2% 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
MARKETS GOODS AND SERVICES PROVIDED BY MEMBER REHABILITATION CENTERS AND ASSISTS MEMBERS IN EXPANDING AND UPGRADING SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKETING ASSOCIATION FOR REHABILITATION CENTERS (MARC) - THE MARC PROGRAM ASSISTS MEMBERS WITH EXPANDING AND UPGRADING ANCILLARY SERVICES THAT INCREASE THE EMPLOYABILITY OF PERSONS WITH DISABILITIES AND DISADVANTAGES, AND COORDINATES THE EFFORTS OF MEMBERS IN ORDER TO PROVIDE MUTUAL SUPPORT IN THE DEVELOPMENT AND MAINTENANCE OF SERVICES. INSOURCE - THE INSOURCE PROGRAM MARKETS THE MANUFACTURING CAPABILITIES OF MEMBER ORGANIZATIONS BY MARKETING THEIR GOODS, PRODUCTS, AND SERVICES. THE PROGRAM ALSO ASSURES AMPLE WORK IS AVAILABLE BY SECURING PRODUCTION CONTRACTS FROM THE PRIVATE SECTOR AT MARKET PRICES AND THAT MEANINGFUL, PRODUCTIVE WORK IS THE PRIMARY TRAINING MEDIA USED TO HELP PERSONS WITH DISABILITIES LEARN USEFUL AND MARKETABLE VOCATIONAL SKILLS. INSOURCE CONTRACTS WITH VARIOUS WEB-BASE MARKETING AGENCIES FOR NATIONAL EXPOSURE. INSOURCE COMMISSIONS PROVIDE INCOME FOR MARC; KEEPING MEMBER DUES TO A MINIMUM. MARC COLLABORATIVE INITIATIVE (MCI) - THE MCI PROGRAM ASSIMILATES COLLABORATION AND COMMERCIAL DEVELOPMENT WITH COMPETENT LEADERSHIP INTO AN INNOVATIVE PROGRAM OF WORK THAT ENGINEERS BUSINESS GROWTH THROUGH PRODUCT DEVELOPMENT, COMMERCIALIZATION, AND MANUFACTURING. MCI WILL DEVELOP A NEW AND INNOVATIVE CHANNEL FOR BUILDING A PORTFOLIO OF BUSINESS PARTNERSHIPS FOR INNOVATION AND GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Maybee Chairman | OfficerTrustee | 1 | $0 |
Andrew Tye Secretary | OfficerTrustee | 1 | $0 |
Audrey Gaddis Treasurer | OfficerTrustee | 1 | $0 |
Jamie Brandenburg Chairman Ele | OfficerTrustee | 1 | $0 |
Neal Bebber Past Chairma | OfficerTrustee | 1 | $0 |
Allen Combs Director | Trustee | 1 | $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 | $1,216,425 |
| Noncash contributions included in lines 1a–1f | $1,138,966 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,216,425 |
| Total Program Service Revenue | $179,010 |
| Investment income | $66 |
| 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 | $1,395,649 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,186,425 |
| 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 | $171,935 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,888 |
| Payroll taxes | $12,488 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,398 |
| Fees for services: Accounting | $11,066 |
| Fees for services: Lobbying | $27,234 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,802 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,762 |
| 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 | $548 |
| Insurance | $2,730 |
| All other expenses | $0 |
| Total functional expenses | $1,471,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,308 |
| Savings and temporary cash investments | $322,027 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,687 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,868 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $389,890 |
| Accounts payable and accrued expenses | $13,802 |
| Grants payable | $0 |
| Deferred revenue | $50,541 |
| 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 | $0 |
| Total liabilities | $64,343 |
| Net assets without donor restrictions | $325,547 |
| 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 | $389,890 |
Grants Awarded
Over the last fiscal year, Marketing Association For Rehabilitation Centers Inc has awarded $1,186,425 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Marion, NC PURPOSE: PRODUCTION EQUIPMENT | $628,059 |
GEORGIA INDUSTRIES FOR THE BLIND PURPOSE: PRODUCTION EQUIPMENT | $558,366 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Marketing Association For Rehabilitation Centers Inc has recieved totaling $1,236,971.
| Awarding Organization | Amount |
|---|---|
Dogwood Health Trust Asheville, NC PURPOSE: IN-KIND DONATION OF EQUIPMENT AND COMPONENT MATERIALS TO MARC, INC. TO CREATE LOCALLY MANUFACTURED PPE | $1,138,966 |
Dogwood Health Trust Asheville, NC PURPOSE: TRANSFER OF MASK MAKING EQUIPMENT/RAW MATERIALS AND FEASABILITY OF MAKING N95 MASKS | $98,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boulder Crest Foundation Bluemont, VA | $39,968,822 | $23,145,930 |
Central Fairfax Services Inc Springfield, VA | $6,565,063 | $13,281,706 |
Area Congregations Together In Service Richmond, VA | $1,536,280 | $15,128,315 |
Cedars Of Chapel Hill Club Inc Chapel Hill, NC | $6,435,897 | $14,257,296 |
Meritan Inc Memphis, TN | $4,688,088 | $16,356,031 |
Sober Living America Inc Woodstock, GA | $3,253,129 | $12,866,607 |
Hilltoppers Inc Crossville, TN | $11,714,552 | $11,864,400 |
Lakeway Center Of The Handicapped Inc Morristown, TN | $5,691,574 | $10,737,798 |
Project Community Connections Inc Snellville, GA | $7,907,860 | $10,954,285 |
Prs Inc Oakton, VA | $7,358,160 | $12,734,897 |
Tlc Operations Inc Raleigh, NC | $1,673,295 | $10,446,064 |
Catholic Charities Of The Diocese Of Memphis Inc Memphis, TN | $2,024,003 | $6,994,059 |