Marc Housing INC

Tax-deductible

Memphis, TN501(c)(3)Since 1970Mental HealthEIN 58-1382494Revenue $93K in FY2024

On file with the IRS3971 Knight Arnold Rd, 38118-3004 · Memphis, TNTax-exempt since Jan 1980Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Provide housing to low income developmentally disabled individuals.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Run by 4 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
12 mo
of spending, in cash
Looks good: 12.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 8 voting members
Fine: 4 of 8 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$93K
+25% vs prior year
Spent
$59K
To programs
89%
Net assets
$577K
By yearFY2021–FY2024
Revenue
$93K
FY2024▲ +25%
Tap a bar for its year
Revenue by fiscal year
FY2021$62K
FY2022$65K
FY2023$53K
FY2024$74K
FY2024$93K
Expenses
$59K
FY2024▲ +35%
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024$43K
FY2024$59K
Net assets
$577K
FY2024▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2021$231K
FY2022$228K
FY2023$232K
FY2024$543K
FY2024$577K

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $52K Management & general 11% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Marc Housing INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers housing to low-income individuals with developmental disabilities.

Questions for Marc Housing INC

Tap to ask. Marc Housing INC sees how many people are interested.

Your first name shows with your question. Marc Housing INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $52K · in their own filed words · FY2024
01

Provided housing to low income developmentally disabled adults at a 20 unit housing facility in Memphis, TN.

$52Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$93K
Ln 12
Fees for servicesLn 2g$78K
Other incomeLn 4–11$15K
Investment incomeLn 3$52
Money outPt IX
$59K
Ln 25
Programscol B$52K
Managementcol C$7K
Owns and owesPt X
$577K
net assets · Ln 32
Cash and savingsLn 1–2$61K
Total assetsLn 16$577K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$78K
Investment incomeLn 3$52
Other incomeLn 4–11$15K
Total revenueLn 12$93K
Assets in detailPt X, end of year
CashLn 1$61K
Cash and savings togetherLn 1–2$61K
Land, buildings, equipmentLn 10c$467K
Other assetsLn 15$39K
Total assetsLn 16$577K
LiabilitiesLn 26$0
Net assetsLn 32$577K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$197K$61K
Land, buildings, equipmentLn 10c$482K$467K
Total assetsLn 16$718K$577K
LiabilitiesLn 26$176K$0
Net assetsLn 32$543K$577K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$7K$7K
Other fees for servicesLn 11g$1K$1K
OccupancyLn 16$17K$17K
InterestLn 20$8$8
Depreciation, depletion and amortizationLn 22$15K$15K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$14K$14K$3
Total functional expensesLn 25$59K$52K$7K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $74K$43K$31K$543K 990 PDF
FY2023 $53K$232K 990 PDF
FY2022 $65K$228K 990 PDF
FY2021 $62K$231K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $92,927 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $74,240$78,071
I-10 Investment incomePrior year $0$52
I-11 Other revenuePrior year $0$14,804
I-12 Total revenuePrior year $74,240$92,927
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $43,351$58,506
I-18 Total expensesPrior year $43,351$58,506
I-19 Revenue less expensesPrior year $30,889$34,421
Part VI · Governance 4 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $92,927 across 3 lines filed
Lines not itemized here account for $14,804 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $78,071$78,071
VIII-3 Investment incomeExcluded from tax $52$52
VIII-12 Total revenueRelated to mission $78,071 · Unrelated business $0 · Excluded from tax $14,856$92,927
Part IX · Statement of functional expenses $58,506 across 7 lines filed
IX-11a Management feesManagement $6,670$6,670
IX-11g Other fees for servicesPrograms $1,429$1,429
IX-16 OccupancyPrograms $17,318$17,318
IX-20 InterestPrograms $8$8
IX-22 Depreciation, depletion and amortizationPrograms $14,940$14,940
IX-23 InsurancePrograms $4,475$4,475
IX-24 Other expenses (24a–d)Programs $13,663 · Management $3$13,666
IX-25 Total functional expensesPrograms $51,833 · Management $6,673 · Fundraising $0$58,506
Part X · Balance sheet $577,127 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $197,089$60,656
X-4 Accounts receivableStart of year $36,019$10,029
X-10c Land, buildings and equipment, netStart of year $482,248$467,308
X-15 Other assetsStart of year $3,136$39,134
X-16 Total assetsStart of year $718,492$577,127
X-17 Accounts payable and accrued expensesStart of year $13,545$0
X-25 Other liabilitiesStart of year $162,241$0
X-26 Total liabilitiesStart of year $175,786$0
X-27 Net assets without donor restrictionsStart of year $542,706$577,127
X-32 Total net assets or fund balancesStart of year $542,706$577,127
X-33 Total liabilities and net assetsStart of year $718,492$577,127
Part XI · Reconciliation of net assets $577,127 net assets at year end
XI-1 Total revenue$92,927
XI-2 Total expenses$58,506
XI-3 Revenue less expenses$34,421
XI-4 Net assets at start of year$542,706
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$577,127

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.