Overview
What is Marc Community Resources Ltd?
Marc Community Resources Ltd, established in 1955, is a nonprofit organization situated in Middletown, Connecticut. With a dedicated workforce of 154 individuals, its mission is to empower adults and children with intellectual and developmental disabilities, allowing them to pursue their dreams and make choices about their lives. The organization provides a variety of support and services, including housing, employment, and social/recreational opportunities, throughout Connecticut, aiming to honor and help fulfill these dreams. Marc Community Resources Ltd is committed to enhancing the lives of individuals with intellectual disabilities, fostering their independence and personal growth.
Official website here: www.marccommunityresources.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating) from Charity Navigator.
Marc Community Resources Ltd has achieved a notable Four-Star rating, indicating a strong performance in accountability and finance. With a score of 92% in this category, the organization demonstrates effective management of its financial resources, ensuring transparency and responsibility in its operations. The rating reflects a commitment to maintaining a high standard of governance, as evidenced by the presence of a fully independent board and strong oversight measures.
The nonprofit's financial practices are robust, with excellent ratings in various governance aspects, such as having a conflict of interest policy and a whistleblower policy in place. Additionally, the organization has received full points for its audit and oversight committee, highlighting its dedication to proper financial management and accountability. The program expense ratio of 86.96% suggests that a substantial portion of its budget is directed toward its programs and services, which is a positive indicator for potential donors.
While the rating is strong, the liabilities to assets ratio stands at 55.38%, which, although acceptable, may warrant monitoring to ensure long-term financial stability. Overall, Marc Community Resources Ltd presents itself as a trustworthy nonprofit with a commitment to transparency and effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Marc Community Resources Ltd legitimate?
Marc Community Resources Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marc Community Resources Ltd submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $238,438
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,023,567
For more financial information, click here
Official website here: www.marccommunityresources.org
What is the mission statement of Marc Community Resources Ltd?
Marc Community Resources Ltd, established in 1955, offers a range of support and services to adults and children with intellectual disabilities and their families across Connecticut. Their mission is to empower these individuals to realize their dreams and make choices about their lives. The organization strives to honor and aid in fulfilling these dreams by providing them with various options for housing, employment, and social/recreational activities.
Official website here: www.marccommunityresources.org
Who is the CEO of Marc Community Resources Ltd?
Melissa Davison-Wood is the Part Year Pr of Marc Community Resources Ltd.
Official website here: www.marccommunityresources.org
What is the revenue of Marc Community Resources Ltd?
Marc Community Resources Ltd's revenue in 2022 was $9,275,360.
Official website here: www.marccommunityresources.org
Who are the executives of Marc Community Resources Ltd and what are their salaries?
The average compensation at Marc Community Resources Ltd during 2022 was $34,169. There are 154 employees at Marc Community Resources Ltd.
Here are 17 key members and their salaries:
- Compensation: $97,037
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- Other: $13,496
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Official website here: www.marccommunityresources.org
Where can I find the form 990 for Marc Community Resources Ltd?
Marc Community Resources Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marccommunityresources.org
Learn more at the official website: www.marccommunityresources.org
Mission Statement of Marc Community Resources Ltd
Marc Community Resources Ltd, established in 1955, is committed to providing support and services to adults and children with intellectual disabilities and their families across Connecticut. The organization's mission is to empower these individuals, enabling them to realize their dreams and make choices about their lives. By offering a range of choices in housing, employment, and social/recreational activities, Marc Community Resources Ltd seeks to honor and help fulfill these dreams. Their objective is to empower these individuals, allowing them to live independently and lead fulfilling lives.
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Impact
July, 2024
Marc Community Resources Ltd's impact is profound in the realm of human services. Founded in 1955, Marc Community Resources is dedicated to providing an array of support and services to adults and children with intellectual disabilities and their families throughout Connecticut. Their mission is to empower individuals with intellectual and developmental disabilities to realize their dreams and make choices about their lives. By offering options for housing, employment, and social/recreational activities, Marc Community Resources plays a vital role in enhancing the quality of life for those they serve. Their dedication to fostering independence and fulfilling individual aspirations has a lasting and positive impact on the community they serve.
This information is meant to be a general summary of Marc Community Resources Ltd. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$138,924
- Program Service Revenue: $496,296
- Gross Receipts: $9,790,502
Assets and Liabilities:
- Total Assets: $8,556,870
- Total Liabilities: $4,546,260
- Net Assets: $4,010,610
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND BOARD
Revenue
$368,116
DAY PROGRAM SALES AND FEES
Revenue
$75,066
OTHER PROGRAM
Revenue
$53,114
Organization Details
Founding Year
1956
Phone
(860) 342-0700Principal Officer
Melissa Davison-Wood
Main Address
25 INDUSTRIAL PARK ROAD, MIDDLETOWN, CT, 06457
NTEE Category
Code: P730 - Human services
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