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Marshall County Life Center Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371884198 ✦ Plymouth, IN ✦ Designated as a 501(c)(2)

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Overview

What is Marshall County Life Center Inc?

Marshall County Life Center Inc is a nonprofit organization located at 2864 MILLER DRIVE, PLYMOUTH, IN, 46563. Their primary mission is to manage and hold title to both real and limited personal property belonging to the Marshall County Economic Development Corporation. In essence, they collect income generated from these properties and then transfer the majority of it to the Economic Development Corporation, retaining only the necessary expenses. This arrangement supports the economic development initiatives in Marshall County.

Is Marshall County Life Center Inc legitimate?

Marshall County Life Center Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Marshall County Life Center Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Marshall County Life Center Inc?

The Marshall County Life Center Inc's primary role is to manage and hold title to both real and limited personal property on behalf of the Marshall County Economic Development Corporation. This organization collects income generated from these properties and subsequently transfers the total amount, after deducting expenses, to the Marshall County Economic Development Corporation. In essence, the Marshall County Life Center Inc acts as a trustee for the economic development corporation, ensuring the proper management and utilization of its property assets.

Who is the CEO of Marshall County Life Center Inc?

Dan Tyree is the Board Of Directors of Marshall County Life Center Inc.

What is the revenue of Marshall County Life Center Inc?

Marshall County Life Center Inc's revenue in 2022 was $390,238.

Who are the executives of Marshall County Life Center Inc and what are their salaries?


Here are 3 key members and their salaries:


Cory Mcclarnon (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Tyree (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis Ellert (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marshall County Life Center Inc?

Marshall County Life Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Marshall County Life Center Inc

Marshall County Life Center Inc is a nonprofit organization with a unique mission. Its primary role is to manage and hold title to both real and limited personal property on behalf of the Marshall County Economic Development Corporation. This responsibility involves collecting income derived from these properties and then transferring the entire amount, minus any expenses, to the Marshall County Economic Development Corporation. Essentially, Marshall County Life Center Inc acts as a trustee, ensuring the proper management and utilization of the organization's assets for the benefit of the Economic Development Corporation.

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Impact




October, 2024

Marshall County Life Center Inc plays a vital role in enhancing the economic landscape of Marshall County by managing real and personal property on behalf of the Marshall County Economic Development Corporation. By holding title to these assets, the organization ensures that property is utilized effectively to stimulate local growth and development.

Its activities include collecting income from the properties it manages, which is then reinvested in the community, less operational expenses. This mechanism not only facilitates sustainable economic activity but also supports community improvement initiatives. With its focus on property management, the center contributes to the overall economic stability and vitality of Plymouth and the surrounding areas, fostering a thriving environment that benefits local residents and businesses alike.




This information is meant to be a general summary of Marshall County Life Center Inc. 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.

Revenue
$390,238 (2022)
Expenses
$694,245 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $390,238
  • Gross Receipts: $390,238

Assets and Liabilities:

  • Total Assets: $11,228,182
  • Total Liabilities: $9,538,120
  • Net Assets: $1,690,062

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$390,238

Organization Details

Founding Year

2017

Principal Officer

Dan Tyree

Main Address

2864 MILLER DRIVE, PLYMOUTH, IN, 46563

NTEE Category

Code: S47 - Community improvement

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