Civic Intelligence

Marc Community Resources Ltd.

990 • Fiscal year 2020 • EIN 06-6011968

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 12, 2021

25 Industrial Park RoadMiddletown, CT 06457

(860) 342-0700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.68x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.68x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

50th percentile

4.3%

Higher net margin than 50% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

62nd percentile

$148,216

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

94th percentile

97%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

75th percentile

19%

Faster revenue growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$8,755,633

Up $4,319,158 (+97%) from 2019

Net Assets

Up

$2,786,206

Up $372,467 (+15%) from 2019

Liabilities

Up

$5,969,427

Up $3,946,691 (+195%) from 2019

Revenue

Up

$8,741,689

Up $1,372,327 (+19%) from 2019

Expenses

Up

$8,369,840

Up $1,251,913 (+18%) from 2019

Net Income

Up

$371,849

Up $120,414 (+48%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $3,660,045Liabilities 2010: $2,283,603Net Assets 2010: $1,376,4422010Assets 2011: $3,671,574Liabilities 2011: $1,764,857Net Assets 2011: $1,906,7172011Assets 2012: $3,656,359Liabilities 2012: $1,716,235Net Assets 2012: $1,940,1242012Assets 2013: $3,438,715Liabilities 2013: $1,528,224Net Assets 2013: $1,910,4912013Assets 2014: $3,814,446Liabilities 2014: $1,943,365Net Assets 2014: $1,871,0812014Assets 2015: $3,896,496Liabilities 2015: $1,940,742Net Assets 2015: $1,955,7542015Assets 2016: $3,743,625Liabilities 2016: $1,746,550Net Assets 2016: $1,997,0752016Assets 2017: $4,279,572Liabilities 2017: $2,270,228Net Assets 2017: $2,009,3442017Assets 2018: $4,248,402Liabilities 2018: $2,081,927Net Assets 2018: $2,166,4752018Assets 2019: $4,436,475Liabilities 2019: $2,022,736Net Assets 2019: $2,413,7392019Assets 2020: $8,755,633Liabilities 2020: $5,969,427Net Assets 2020: $2,786,2062020Assets 2021: $9,797,984Liabilities 2021: $5,578,793Net Assets 2021: $4,219,1912021Assets 2022: $8,556,870Liabilities 2022: $4,546,260Net Assets 2022: $4,010,6102022Assets 2023: $8,783,893Liabilities 2023: $4,865,067Net Assets 2023: $3,918,8262023Assets 2024: $8,602,534Liabilities 2024: $4,769,822Net Assets 2024: $3,832,7122024

Highlighted filing

2020

Assets$8,755,633
Liabilities$5,969,427
Net Assets$2,786,206

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,005,5762010Expenses 2011: $4,996,9272011Expenses 2012: $5,204,7382012Revenue 2013: $5,394,445Expenses 2013: $5,420,851Net Income 2013: -$26,4062013Revenue 2014: $5,826,454Expenses 2014: $5,882,906Net Income 2014: -$56,4522014Revenue 2015: $6,339,068Expenses 2015: $6,248,115Net Income 2015: $90,9532015Revenue 2016: $6,653,494Expenses 2016: $6,581,159Net Income 2016: $72,3352016Revenue 2017: $6,718,183Expenses 2017: $6,732,930Net Income 2017: -$14,7472017Revenue 2018: $6,872,011Expenses 2018: $6,722,192Net Income 2018: $149,8192018Revenue 2019: $7,369,362Expenses 2019: $7,117,927Net Income 2019: $251,4352019Revenue 2020: $8,741,689Expenses 2020: $8,369,840Net Income 2020: $371,8492020Revenue 2021: $9,676,573Expenses 2021: $8,249,366Net Income 2021: $1,427,2072021Revenue 2022: $9,275,360Expenses 2022: $9,422,258Net Income 2022: -$146,8982022Revenue 2023: $10,800,809Expenses 2023: $10,910,678Net Income 2023: -$109,8692023Revenue 2024: $11,346,823Expenses 2024: $11,507,231Net Income 2024: -$160,4082024

Highlighted filing

2020

Revenue$8,741,689
Expenses$8,369,840
Net Income$371,849
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 12, 2021
Return Version
2019v5.0
Gross Receipts
$8,743,664
Mission and Program Overview

Mission

Founded in 1955, marc: community resources provides an array of support and services to adults and children with intellectual disabilities and their families throughout connecticut. The mission is to empower adults and children with intellectual and developmental disabilities to realize their dreams and make choices about their lives. To honor and help fulfill these dreams marc provides people with choices for housing, employment and social/recreational life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,505,036$5,915,415▲ $3,410,379
Savings and Temporary Cash Investments$843,786$1,336,917▲ $493,131
Accounts Receivable$219,532$752,730▲ $533,198
Cash and Non-Interest-Bearing Accounts$124,901$599,282▲ $474,381
Prepaid Expenses and Deferred Charges$136,565$106,856▼ $29,709
Investments in Publicly Traded Securities$448,738$36,516▼ $412,222
Total Assets$4,436,475$8,755,633▲ $4,319,158
Other Assets Total$157,917$7,917▼ $150,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,291,842$3,388,602▲ $2,096,760
Other Liabilities$194,516$1,405,926▲ $1,211,410
Accounts Payable and Accrued Expenses$536,378$1,174,899▲ $638,521
Total Liabilities$2,022,736$5,969,427▲ $3,946,691
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,362,221$2,738,255▲ $376,034
Net Assets With Donor Restrictions$51,518$47,951▼ $3,567
Total Net Assets Fund Balance$2,413,739$2,786,206▲ $372,467
Total Liabilities and Net Assets / Fund Balance$4,436,475$8,755,633▲ $4,319,158

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,557,406-$3,557,406
Buildings$1,253,348$1,701,599$2,954,947
Equipment$327,403$973,597$1,301,000
Land$777,258-$777,258
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda IovannaPresident/ceFT$118,688$29,528$148,216
Karen M RettenmeierVP of FinancFT$87,734$16,950$104,684

Board Members and Trustees

NameTitle
Rich KnotekChairperson
Allen StanwixDirector
Darian BolingDirector
Elizabeth LankargeDirector
Jason SmithDirector
Jay McguinessDirector
Lindajo SanbornDirector
Nancy CroninDirector
Joe Knee1st Vice CHA
Joseph Hausmann2nd Vice CHA
Al SantostefanoImmediate Pa
Deb PetruzzelloSecretary
Igor BochenkovTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Charles It LLCIt Support150 WILLIAMS STREET, Middletown, CT 06457$132,589
Ddn ConsultingStaffingPO BOX 06518, Hamden, CT 06518$120,064
Revenue and Support

Revenue Composition

Contributions and Grants
$8,149,796
Program Service Revenue
$535,845
Investment Income
$4,146
Other Revenue
$51,902
All Other Contributions
$115,346
Change in Net Assets
$371,849

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,741,689
Revenue Not Reported on Form 990
$4,366
Total Revenue per Audited Statements
$8,746,055
Total Revenue per Form 990
$8,741,689
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,189,571
Other Expenses$2,180,269
Total Fundraising Expense$88,034
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,952,605$466,997$58,899$4,478,501
Other Employee Benefits$676,619$89,524$9,775$775,918
Fees for Services Other$209,149$149,863$5,446$364,458
Payroll Taxes$304,797$40,328$4,403$349,528
Pension Plan Contributions$303,646$40,176$4,387$348,209
Occupancy$243,424$36,764$189$280,377
Depreciation Depletion$221,086$28,910-$249,996
Current Officers, Directors, Trustees, and Key Employees$163,536$73,879-$237,415
Travel$166,390$2,149$35$168,574
Insurance$128,585$15,480$78$144,143
Information Technology$45,779$92,238$1,713$139,730
All Other Expenses$24,253$30,237$778$55,268
Other Expenses$34,117$11,854$323$45,971
Interest$34,860$484-$35,344
Office Expenses$17,318$7,956$199$25,473
Advertising-$6,231$1,754$7,985
Conferences and Meetings-$4,122$55$4,177
Fees for Service Investment Mgmnt Fees-$1,263-$1,263
Total Functional Expenses$7,158,280$1,123,526$88,034$8,369,840

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,373,588
Expenses per Audited Statements$8,369,840
Total Expenses per Form 990$8,369,840
Expenses Not Reported on Form 990$3,748
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,248
Fundraising Gross Income$1,248
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance (ppp)$1,026,700
Capital Advances$239,767
Dds Cash Advance$89,382
Refundable Advance (covid-19 Relief)$50,077
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Each member of the board receives a copy of the 990 for review before filing.

Form 990, Page 6, Part VI, Line 12C

Board members and key employees annually disclose any conflict of interest with the organization.

Form 990, Page 6, Part VI, Line 15A

The ceo completes a self-evaluation that is submitted to the executive committee of the board of directors. The executive committee completes a written evaluation on the ceo based on input from all board members. Based on the written evaluation, the board of directors determines the ceo's compensation for the following year.

Form 990, Page 6, Part VI, Line 15B

Key employees are compensated based on a written merit evaluation which is based on salary surveys conducted by the alliance (an industry trade association).

Form 990, Page 6, Part VI, Line 19

All governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Marc Community Resources Ltd
EIN
06-6011968
Phone
8603420700
Address
25 INDUSTRIAL PARK ROAD, MIDDLETOWN, CT 06457

Signing Officer

Name
Linda Iovanna
Title
President/CEO
Phone
8603420700
Signed
2021-04-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Iovanna
Formed
1956
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
13
Employees
190

Preparer

Firm
Guilmartin Dipiro & Sokolowski LLC
Address
505 MAIN ST, MIDDLETOWN, CT 06457-2809
Preparer
Christopher B Conley
Phone
8603475689
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Founded in 1955, marc: community resources provides an array of support and services to adults and children with intellectual disabilities and their families throughout connecticut. The mission is to empower adults and children with intellectual and developmental disabilities to realize their dreams and make choices about their lives. To honor and help fulfill these dreams marc provides people with choices for housing, employment and social/recreational life.

Form 990, Page 2, Part III, Line 4D

Recreation and other programs-providing recreational and other programs for developmentally disabled persons.

Form 990, Part XI, Line 9

Fundraising 1,248 investment fees -1,263 net assets released from restrictions 3,763 fundraising -1,248 investment fees 1,263 net assets released from restrictions -3,763

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has received exemption from federal income tax under section 501(c)(3) of the internal revenue code. The organization has also been classified as an entity that is not a private foundation within the meaning of section 509(a) of the internal revenue code and qualifies for deductible contributions as provided in section 170(b)(1)(a)(vi). Management has reviewed the organization's reporting and believe they have not taken tax positions that are more likely than not to be determined to be incorrect by the internal revenue service and therefore no adjustments or disclosures are required. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods pending or in progress.

Schedule D, Page 4, Part XI, Line 2D

Fundraising 1,248 investment fees -1,263 net assets released from restrictions 3,763

Schedule D, Page 4, Part XII, Line 2D

Fundraising 1,248 investment fees -1,263 net assets released from restrictions 3,763

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CE
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP OF FINANC
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt101ST VICE CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt112ND VICE CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14IMMEDIATE PA
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MissionDesc0FOUNDED IN 1955, MARC: COMMUNITY RESOURCES PROVIDES AN ARRAY OF SUPPORT AND SERVICES TO ADULTS AND CHILDREN WITH INTELLECTUAL DISABILITIES AND THEIR FAMILIES THROUGHOUT CONNECTICUT. THE MISSION IS TO EMPOWER ADULTS AND CHILDREN WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO REALIZE THEIR DREAMS AND MAKE CHOICES ABOUT THEIR LIVES. TO HONOR AND HELP FULFILL THESE DREAMS MARC PROVIDES PEOPLE WITH CHOICES FOR HOUSING, EMPLOYMENT AND SOCIAL/RECREATIONAL LIFE.
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IRS990/OfficeExpensesGrp/ProgramServicesAmt017318
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt09775
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt089524
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0676619
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0775918
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1FOOD/HOUSEKEEPING/REC
IRS990/OtherExpensesGrp/Desc2TEMPORARY AGENCY
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt0323
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018294
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16777
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt211854
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IRS990/OtherExpensesGrp/ProgramServicesAmt1219123
IRS990/OtherExpensesGrp/ProgramServicesAmt2172182
IRS990/OtherExpensesGrp/ProgramServicesAmt334117
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IRS990/OtherExpensesGrp/TotalAmt2172182
IRS990/OtherExpensesGrp/TotalAmt345971
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IRS990/PrincipalOfficerNm0LINDA IOVANNA
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IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0378938
IRS990/ProgSrvcAccomActy3Grp/Desc0SUPPORTED LIVING ARRANGEMENTS-PROVIDE DEVELOPMENTALLY DISABLED PERSONS WITH SUPPORTED LIVING IN APARTMENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0668191
IRS990/ProgSrvcAccomActyOtherGrp/Desc0RECREATION AND OTHER PROGRAMS-PROVIDING RECREATIONAL AND OTHER PROGRAMS FOR DEVELOPMENTALLY DISABLED PERSONS.
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IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt025250
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt06779600
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt033624
IRS990/PYOtherExpensesAmt01988592
IRS990/PYOtherRevenueAmt022053
IRS990/PYProgramServiceRevenueAmt0534085
IRS990/PYRevenuesLessExpensesAmt0251435
IRS990/PYSalariesCompEmpBnftPaidAmt05129335
IRS990/PYTotalExpensesAmt07117927
IRS990/PYTotalRevenueAmt07369362
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0371849
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0131657
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0843786
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01336917
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 52,032
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08149796
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06779600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06292769
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06227657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06191612

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.60$4.77$3.83$11.3$11.5$0.16
2023Detailed filing. Detailed filing data is available for this year.$8.78$4.87$3.92$10.8$10.9$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.56$4.55$4.01$9.28$9.42$0.15
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$9.80$5.58$4.22$9.68$8.25$1.43
2020Detailed filing. Detailed filing data is available for this year.$8.76$5.97$2.79$8.74$8.37$0.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.44$2.02$2.41$7.37$7.12$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.25$2.08$2.17$6.87$6.72$0.15
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$2.27$2.01$6.72$6.73$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.74$1.75$2.00$6.65$6.58$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.90$1.94$1.96$6.34$6.25$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.81$1.94$1.87$5.83$5.88$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$1.53$1.91$5.39$5.42$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$1.72$1.94$5.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.67$1.76$1.91$5.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$2.28$1.38$5.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $5M-$10M nonprofits