Marc Group Homes Inc
- Assets
- $315.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 11/1986
- Data as of
- 09/2021
- EIN
- 63-0879448
Organization Overview
Marc Group Homes Inc is located in Mobile, AL. The organization was established in 1986. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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 Group Homes 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 09/2021, Marc Group Homes Inc generated $129.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $154.8k during the year ending 09/2021. While expenses have increased by 7.8% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE PROJECT CONSISTS OF TWO 9-UNIT GROUP HOMES FOR THE DISABLED LOCATED IN MOBILE, ALABAMA. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aubrey Fuller President | 0 | $0 | |
Larry Jackson Secretary | 0 | $0 | |
Mary Zoghby Vice-Preside | 0 | $0 | |
Tuerk Schlesinger Executive Di | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $129,204 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $129,207 |
| 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 | $11,926 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $142,891 |
| Total expenses | $154,817 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,678 |
| Other assets | $0 |
| Total assets | $315,198 |
| Total liabilities | $470,935 |
| Net assets or fund balances | -$155,737 |
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