Overview
What is Mcac Reef Fund Inc?
Mcac Reef Fund Inc is a charitable organization located in Stuart, Florida, with an address at 4174 SE Oakland Street. Their primary mission is to raise funds for the acquisition of concrete and a sinkable vessel, which are later sunk to create artificial reefs. These reefs serve multiple purposes, such as providing a habitat for fish and other marine life, and contributing to the protection of wildlife. Through their efforts, Mcac Reef Fund Inc aims to enhance marine biodiversity and support the ecosystem.
Is Mcac Reef Fund Inc legitimate?
Mcac Reef Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcac Reef Fund 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
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What is the mission statement of Mcac Reef Fund Inc?
Mcac Reef Fund Inc's mission involves raising funds for the purchase of vessels, which are later sunk to create artificial reefs. This process aims to enhance the fish population and provide a habitat for various marine species. The artificial reefs offer benefits such as serving as a fishable reef and protecting wildlife. The organization also collects donations of concrete to support this cause.
Who is the CEO of Mcac Reef Fund Inc?
John Burke is the Director of Mcac Reef Fund Inc.
What is the revenue of Mcac Reef Fund Inc?
Mcac Reef Fund Inc's revenue in 2021 was $358,218.
Who are the executives of Mcac Reef Fund Inc and what are their salaries?
There 15 volunteers at Mcac Reef Fund Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mcac Reef Fund Inc?
Mcac Reef Fund Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Mcac Reef Fund Inc
The Mcac Reef Fund Inc, a charitable organization, is dedicated to raising funds for a unique and innovative mission. They aim to purchase and sink vessels to create artificial reefs, thereby enhancing the local fish population and contributing to wildlife protection. By sinking these vessels, they are building underwater structures that provide numerous benefits, such as serving as fishable reefs and offering shelter to various marine species. The organization's efforts are focused on raising both cash donations and in-kind contributions, such as concrete, to support this project. The resulting reefs offer a multitude of benefits, including supporting local fishing communities and promoting biodiversity in marine ecosystems.
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Impact
June, 2024
Mcac Reef Fund Inc's impact lies in fundraising for the purchase of useless vessels to be sunk and create artificial reefs. This initiative helps increase fish population and provides benefits such as creating a fishable reef, protecting wildlife, and enhancing the marine environment. The organization's work directly contributes to the conservation and enhancement of marine ecosystems, particularly in the city of Stuart, FL.
This information is meant to be a general summary of Mcac Reef Fund 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $11
- Program Service Revenue: $358,207
- Gross Receipts: $358,218
Assets and Liabilities:
- Total Assets: $237,959
- Total Liabilities: $0
- Net Assets: $237,959
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patrick Price Project
Revenue
$240,655
Vessel and Concrete Contributions
Revenue
$117,552
Organization Details
Founding Year
2002
Principal Officer
John Burke
Main Address
4174 SE Oakland Street, Stuart, FL, 34997
NTEE Category
Code: C32 - Environment
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