Overview
What is 4Mac Inc?
4Mac Inc is a nonprofit organization located at 410 W McMillan St, Marshfield, WI 54449. Its primary function is to manage and hold title to property on behalf of the Marshfield Area YMCA, Inc. This involves leasing the real estate back to the YMCA, thereby supporting its operations. The organization's mission aligns with this purpose, ensuring the Marshfield Area YMCA, Inc. continues to benefit from the leased property.
Is 4Mac Inc legitimate?
4Mac Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. 4Mac 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 4Mac Inc?
4Mac Inc's primary role is to manage the real estate assets associated with the Marshfield Area YMCA, Inc. Specifically, the company holds the title to the property and leases it back to the YMCA organization. This arrangement allows the Marshfield Area YMCA, Inc. to utilize the property for its operations, while 4Mac Inc. manages the property-related responsibilities. The purpose of this arrangement is to support and benefit the Marshfield Area YMCA, Inc. in its operations. However, the specific activities or objectives beyond property management are not provided in the given information.
Who is the CEO of 4Mac Inc?
Unavailable
What is the revenue of 4Mac Inc?
4Mac Inc's revenue in 2022 was $306,730.
Who are the executives of 4Mac Inc and what are their salaries?
There 3 volunteers at 4Mac Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 4Mac Inc?
4Mac Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 4Mac Inc
4Mac Inc, as a nonprofit organization, is dedicated to holding the title and leasing back the real property of the Marshfield Area YMCA, Inc. Essentially, its mission is to provide the YMCA with the necessary property rights, allowing it to operate and provide its services smoothly. By doing so, 4Mac Inc plays a crucial role in supporting the Marshfield Area YMCA, Inc. in its mission to empower individuals and communities through youth development, healthy living, and social responsibility. The organization's role is to ensure the YMCA has a secure base from which to carry out its charitable work, thereby contributing to the well-being and betterment of the community.
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Impact
October, 2024
4Mac Inc plays a vital role in supporting community infrastructure by holding title to and leasing back the real property of the Marshfield Area YMCA, Inc. This arrangement ensures that the YMCA can continue to provide essential services and programs to the community without the burden of property ownership. By managing the property, 4Mac Inc facilitates the YMCA's mission of promoting health, wellness, and community engagement in Marshfield, WI. The impact of 4Mac Inc extends beyond mere property management; it enhances the community improvement efforts by ensuring that vital recreational and social resources remain accessible to residents. This strategic support strengthens the YMCA's ability to foster a vibrant, healthy community, making a lasting positive impact on the lives of many individuals and families.
This information is meant to be a general summary of 4Mac 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 2022.
- Investment Income: $730
- Program Service Revenue: $306,000
- Gross Receipts: $306,730
Assets and Liabilities:
- Total Assets: $14,636,791
- Total Liabilities: $17,081,510
- Net Assets: -$2,444,719
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Social Responsibility
Revenue
$102,000
Healthy Living
Revenue
$102,000
Youth Development
Revenue
$102,000
Organization Details
Founding Year
2017
Phone
(715) 996-1816Main Address
410 W McMillan St, Marshfield, WI, 54449
NTEE Category
Code: S47 - Community improvement
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