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Mrcs V Inc

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

EIN: 462778089 ✦ Brookville, NY ✦ Designated as a 501(c)(3)

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Overview

What is Mrcs V Inc?

Mrcs V Inc is a nonprofit organization situated in Brookville, New York, with an address at 189 Wheatley Road. Their primary mission is to offer housing accommodations for twelve developmentally disabled adults. To accomplish this, they maintain two residences, one in Greenlawn and another in Commack, New York. Their operations are partially funded by the U.S. Department of Housing and Urban Development (HUD), the New York State Office for People With Developmental Disabilities (OPWDD), and the residents themselves. The organization's main objective is to provide a supportive living environment for individuals with developmental disabilities, ensuring they have a safe and comfortable home.


Official website here: www.citizens-inc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating. This high score reflects a strong commitment to accountability and transparency, with the overall rating derived solely from the Accountability & Finance beacon. Earning a perfect score in multiple categories demonstrates a robust governance structure and effective financial management.

The organization boasts a fully independent board, which enhances its credibility. With no material diversion of assets noted, Mrcs V Inc shows sound fiscal practices. The charity has also implemented essential policies, such as conflict of interest and whistleblower protections, contributing to its strong accountability framework.

Financially, Mrcs V Inc maintains a favorable liabilities to assets ratio of 48.21%, indicating a solid financial foundation. Additionally, the program expense ratio of 86.80% signifies that a substantial portion of its resources is directed towards its programs, which is a positive indicator of its operational effectiveness. Overall, Mrcs V Inc demonstrates impressive ratings in accountability and financial health.


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

Is Mrcs V Inc legitimate?

Mrcs V Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mrcs V 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


Official website here: www.citizens-inc.org

What is the mission statement of Mrcs V Inc?

MRCs V Inc's mission is centered around providing housing solutions for individuals with developmental disabilities. This mission is partially funded through partnerships with the U.S. Department of Housing and Urban Development (HUD), New York State Office for People With Developmental Disabilities (OPWDD), and through the contributions of the residents themselves. The organization operates and maintains two residences, ensuring a safe and supportive living environment for twelve adults with developmental disabilities. Their mission is focused on providing necessary housing accommodations, promoting independence and well-being for these individuals.


Official website here: www.citizens-inc.org

Who is the CEO of Mrcs V Inc?

Victor Lapoma is the Executive Director of Mrcs V Inc.


Official website here: www.citizens-inc.org

What is the revenue of Mrcs V Inc?

Mrcs V Inc's revenue in 2022 was $155,521.


Official website here: www.citizens-inc.org

Who are the executives of Mrcs V Inc and what are their salaries?

There 5 volunteers at Mrcs V Inc.


Here are 7 key members and their salaries:


Stanfort J Perry (Executive Director)
  • Compensation: $0
  • Related: $129,879
  • Other: $559,955
Willard T Derr (Chief Financial Officer)
  • Compensation: $0
  • Related: $96,964
  • Other: $432,882
Victor Lapoma (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Molloy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas F Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Mccauley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Tarquinio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.citizens-inc.org

Where can I find the form 990 for Mrcs V Inc?

Mrcs V Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.citizens-inc.org

Learn more at the official website: www.citizens-inc.org

Mission Statement of Mrcs V Inc

Mrcs V Inc, a nonprofit organization, is committed to providing housing for individuals with developmental disabilities. Their mission is to offer a home for twelve individuals in need, partially funded by US HUD, NYS OPWDD, and the residents themselves. The organization operates and maintains two residences, located in Greenlawn and Commack, New York, providing a safe and supportive living environment for these individuals. The mission of Mrcs V Inc is to enhance the quality of life for these individuals, allowing them to live independently and with dignity. The organization's goal is to create a nurturing and inclusive community where individuals with developmental disabilities can thrive.

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Impact




October, 2024

Mrcs V Inc plays a crucial role in addressing the housing needs of individuals with developmental disabilities. By operating two residences in Greenlawn and Commack, NY, the organization provides safe and supportive living environments for twelve developmentally disabled adults. This initiative not only ensures stability for residents but also promotes their independence and integration into the community.

The organization's commitment to maintaining these facilities is particularly significant, as it fosters a sense of belonging and empowerment among residents. With partial funding from sources such as US HUD and NYS OPWDD, Mrcs V Inc effectively utilizes available resources to enhance the quality of life for its residents. By addressing essential housing needs, Mrcs V Inc contributes to the broader human services sector, helping to create inclusive communities where individuals with developmental disabilities can thrive.




This information is meant to be a general summary of Mrcs V 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
$155,521 (2022)
Expenses
$189,048 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,065
  • Program Service Revenue: $87,579
  • Gross Receipts: $155,521

Assets and Liabilities:

  • Total Assets: $2,665,158
  • Total Liabilities: $1,285,062
  • Net Assets: $1,380,096

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Programs

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

Rental revenue

Revenue

$87,579

Organization Details

Founding Year

2013

Principal Officer

Victor Lapoma

Main Address

189 Wheatley Road, Brookville, NY, 11545

NTEE Category

Code: P73 - Human services

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