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Mc Resource Management

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

EIN: 432023040 ✦ Anchorage, AK ✦ Designated as a 501(c)(3)

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Overview

What is Mc Resource Management?

Mc Resource Management is a nonprofit organization situated in Anchorage, Alaska, specifically at 611 Fairbanks Street. Their primary mission is to provide employment opportunities for individuals with severe disabilities, serving approximately 50 such individuals as of December 31, 2021. By creating a conducive work environment, this organization aims to contribute positively to the lives of these individuals, thereby promoting their inclusion and independence in society.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Mc Resource Management received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement within the organization. With an overall score of 65%, the organization shows strengths in areas such as having a fully independent board and maintaining a low liabilities to assets ratio, suggesting a stable financial position. Additionally, the program expense ratio is commendable at 72.04%, indicating a substantial portion of funding is directed towards its programs.

However, multiple governance and transparency issues are highlighted in the evaluation. The organization lacks required financial statements and essential policies, including conflict of interest, whistleblower, and document retention policies. Furthermore, the absence of board meeting minutes and the failure to list their website on tax forms raise concerns about operational transparency and accountability.

These deficiencies suggest that while Mc Resource Management is effectively utilizing its resources towards its mission, it needs to address governance practices and improve its transparency to foster trust among donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Mc Resource Management legitimate?

Mc Resource Management is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mc Resource Management 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: $150,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mc Resource Management?

Mc Resource Management is an organization committed to creating employment opportunities for individuals with severe disabilities. Their primary mission is to provide a platform where such individuals can gain meaningful employment. During the period ending December 31, 2021, the organization successfully employed approximately 50 individuals with disabilities. The organization's activities aim to bridge the employment gap for people with severe disabilities, offering them the chance to contribute and thrive in a professional setting.

Who is the CEO of Mc Resource Management?

Andrew H Kwon is the Presidentdirector of Mc Resource Management.

What is the revenue of Mc Resource Management?

Mc Resource Management's revenue in 2021 was $2,635,825.

Who are the executives of Mc Resource Management and what are their salaries?

The average compensation at Mc Resource Management during 2021 was $3,488. There are 43 employees at Mc Resource Management.


Here are 6 key members and their salaries:


Andrew H Kwon (Presidentdirector)
  • Compensation: $150,000
  • Related: $0
  • Other: $0
Forest Brussard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Kwon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Stover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bok Hee Kwon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Song Ha (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mc Resource Management?

Mc Resource Management's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Mc Resource Management

Mc Resource Management, as stated, is established with a mission to create employment opportunities for individuals with severe disabilities. This mission is a dedicated commitment to empowering a often overlooked population, providing them with the chance to contribute and integrate into the workforce. During the period ending December 31, 2021, the organization successfully employed approximately 50 such individuals, demonstrating its successful execution of this mission.

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Impact




July, 2024

Mc Resource Management's impact lies in its ability to provide employment opportunities for people with severe disabilities. By employing approximately 50 individuals with disabilities, the organization is making a direct and tangible difference in the lives of these individuals. The organization's mission to create employment opportunities for this group not only helps them financially but also promotes inclusivity and diversity in the workforce. Through its initiatives, Mc Resource Management is actively contributing to a more equitable society where everyone, regardless of ability, has the opportunity to work and contribute to the community.




This information is meant to be a general summary of Mc Resource Management. 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
$2,635,825 (2021)
Expenses
$2,196,552 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $2,299,941
  • Gross Receipts: $2,635,825

Assets and Liabilities:

  • Total Assets: $395,117
  • Total Liabilities: $179,097
  • Net Assets: $216,020

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Programs

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

EAFB SERVICE CONTRACTS

Revenue

$1,939,018

FAA SERVICE CONTRACTS

Revenue

$84,079

GSA STORE INCOME

Revenue

$276,844

Organization Details

Founding Year

2003

Principal Officer

Andrew H Kwon

Main Address

611 FAIRBANKS STREET, ANCHORAGE, AK, 99501

NTEE Category

Code: J30 - Employment

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