Mc Markets Inc

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

EIN: 843037780 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Mc Markets Inc?

Mc Markets Inc is a not-for-profit organization situated in Jacksonville, Florida, with an address at 223 Mill Creek Road. Its primary purpose is to aid the North Florida School of Special Education, Inc. by providing financial assistance for the construction of new facilities, purchasing necessary furniture and equipment, and renovating existing facilities. This support is made possible through the New Market Tax Credit Program. The organization's mission is to operate exclusively for the benefit of and carry out the purposes of the North Florida School of Special Education, Inc. This nonprofit plays a crucial role in helping the school enhance its infrastructure to provide quality education for those requiring special education services.

Is Mc Markets Inc legitimate?

Mc Markets Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mc Markets 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 Mc Markets Inc?

Mc Markets Inc, a not-for-profit organization, is established to primarily support the North Florida School of Special Education. Its mission is to aid in the funding for the construction of new facilities, purchase of furniture and equipment, and renovation of existing facilities for the school, aiming to enhance its capabilities and learning environment. This organization operates exclusively for the benefit of the school and carries out its objectives to assist in its growth and improvement.

Who is the CEO of Mc Markets Inc?

John Macdonald is the Treasurer of Mc Markets Inc.

What is the revenue of Mc Markets Inc?

Mc Markets Inc's revenue in 2023 was $128,089.

Who are the executives of Mc Markets Inc and what are their salaries?


Here are 4 key members and their salaries:


Ray Van Landingham (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Macdonald (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Morgan (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Poag (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mc Markets Inc?

Mc Markets Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Mc Markets Inc

Mc Markets Inc, a not-for-profit organization, is established with a singular purpose: to support the North Florida School of Special Education Inc. This support is primarily focused on financially assisting the school in various construction projects, such as the construction of new facilities, the purchase of furniture and equipment, and the renovation of existing facilities. The ultimate goal is to enhance the learning environment and resources available for the school's students.

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Impact




October, 2024

Mc Markets Inc plays a crucial role in enhancing the educational environment for students at the North Florida School of Special Education in Jacksonville, Florida. By facilitating the construction of new facilities, purchasing necessary furniture and equipment, and renovating existing spaces, Mc Markets Inc directly contributes to creating a more conducive learning atmosphere for students with special needs.

The organization has successfully completed significant construction projects that not only meet the immediate needs of the school but also lay the groundwork for future growth and development. Their efforts ensure that students have access to modern, safe, and well-equipped facilities, which is essential for delivering quality education and specialized services.

Furthermore, by utilizing the New Market Tax Credit Program, Mc Markets Inc effectively maximizes funding opportunities to support these initiatives. This strategic approach not only enhances the school's infrastructure but also promotes a sense of community investment in the education of students with disabilities. Overall, the impact of Mc Markets Inc is reflected in the improved educational opportunities and quality of life for students at the North Florida School of Special Education.




This information is meant to be a general summary of Mc Markets 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
$128,089 (2023)
Expenses
$546,402 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,089
  • Program Service Revenue: $127,000
  • Gross Receipts: $128,089

Assets and Liabilities:

  • Total Assets: $9,844,649
  • Total Liabilities: $10,250,000
  • Net Assets: -$405,351

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Programs

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

RENTAL INCOME

Revenue

$127,000

Organization Details

Founding Year

2019

Principal Officer

John Macdonald

Main Address

223 MILL CREEK ROAD, JACKSONVILLE, FL, 32211

NTEE Category

Code: B99 - Education

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