Civic Intelligence

Mrm North Campus Inc.

990 • Fiscal year 2023 • EIN 82-0683425

Oct 01, 2022 to Sep 30, 2023 • Filed on Dec 21, 2023

830 North 19th StreetMilwaukee, WI 53233

(414) 344-2211

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.96x

Higher debt load relative to assets than 92% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

21.04x

Higher debt load relative to revenue than 98% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

11th percentile

-27%

Higher net margin than 11% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

65th percentile

$229,908

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 26.6% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

26th percentile

-1.0%

Faster asset growth than 26% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

32nd percentile

-3.5%

Faster revenue growth than 32% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Down

$18,837,689

Down $194,274 (-1.0%) from 2022

Net Assets

Down

$673,179

Down $234,866 (-26%) from 2022

Liabilities

Up

$18,164,510

Up $40,592 (+0.2%) from 2022

Revenue

Down

$863,277

Down $31,320 (-3.5%) from 2022

Expenses

Down

$1,098,143

Down $1,566 (-0.1%) from 2022

Net Income

Down

-$234,866

Down $29,754 (-15%) from 2022

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2017: $7,658,879Liabilities 2017: $7,021,184Net Assets 2017: $637,6952017Assets 2018: $22,472,294Liabilities 2018: $20,460,812Net Assets 2018: $2,011,4822018Assets 2019: $19,612,634Liabilities 2019: $18,021,636Net Assets 2019: $1,590,9982019Assets 2020: $19,383,069Liabilities 2020: $18,042,729Net Assets 2020: $1,340,3402020Assets 2021: $19,196,481Liabilities 2021: $18,083,324Net Assets 2021: $1,113,1572021Assets 2022: $19,031,963Liabilities 2022: $18,123,918Net Assets 2022: $908,0452022Assets 2023: $18,837,689Liabilities 2023: $18,164,510Net Assets 2023: $673,1792023Assets 2024: $18,705,478Liabilities 2024: $11,398,803Net Assets 2024: $7,306,6752024

Highlighted filing

2023

Assets$18,837,689
Liabilities$18,164,510
Net Assets$673,179

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2017: $841,631Expenses 2017: $203,936Net Income 2017: $637,6952017Revenue 2018: $1,877,970Expenses 2018: $504,183Net Income 2018: $1,373,7872018Revenue 2019: $1,291,000Expenses 2019: $964,892Net Income 2019: $326,1082019Revenue 2020: $834,771Expenses 2020: $1,085,429Net Income 2020: -$250,6582020Revenue 2021: $877,755Expenses 2021: $1,104,938Net Income 2021: -$227,1832021Revenue 2022: $894,597Expenses 2022: $1,099,709Net Income 2022: -$205,1122022Revenue 2023: $863,277Expenses 2023: $1,098,143Net Income 2023: -$234,8662023Revenue 2024: $881,361Expenses 2024: $1,117,865Net Income 2024: -$236,5042024

Highlighted filing

2023

Revenue$863,277
Expenses$1,098,143
Net Income-$234,866
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Dec 21, 2023
Return Version
2022v5.0
Gross Receipts
$863,277
Mission and Program Overview

Mission

To support the religious, educational, charitable and scientific purposes of the milwaukee rescue mission by owning a building and leasing it to milwaukee rescue mission and to combat community deterioration and urban blight by acquiring and maintaining a building to be used for religious, educational, charitable, and scientific purposes.

To support the milwaukee rescue mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,707,278$16,193,544▼ $513,734
Savings and Temporary Cash Investments$253,488$164,266▼ $89,222
Cash and Non-Interest-Bearing Accounts$22,115$6,849▼ $15,266
Total Assets$19,031,963$18,837,689▼ $194,274
Other Assets Total$2,049,082$2,473,030▲ $423,948
Liabilities
Mortgage Notes Payable Secured by Investment Property$18,009,974$18,031,069▲ $21,095
Accounts Payable and Accrued Expenses$113,944$133,441▲ $19,497
Total Liabilities$18,123,918$18,164,510▲ $40,592
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$908,045$673,179▼ $234,866
Total Net Assets Fund Balance$908,045$673,179▼ $234,866
Total Liabilities and Net Assets / Fund Balance$19,031,963$18,837,689▼ $194,274

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,649,330$2,198,120$16,847,450
Land$1,457,160-$1,457,160
Equipment$32,820$416,897$449,717
Other Land Buildings$54,234$13,746$67,980
Other Assets Org$2,473,030--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Patrick VanderburghPresident
Kevin RiordanSecretary
Warren PiersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$98,000
Program Service Revenue
$764,148
Investment Income
$1,129
Other Revenue
$0
Change in Net Assets
$-234,866

Audited Revenue Reconciliation

Revenue per Audited Statements
$863,277
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$863,277
Total Revenue per Form 990
$863,277
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,098,143
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$513,734--$513,734
Fees for Services Other-$290,212-$290,212
Interest-$239,119-$239,119
Office Expenses-$55,078-$55,078
Total Functional Expenses$513,734$584,409$0$1,098,143

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,098,143
Total Expenses per Audited Statements$1,098,143
Total Expenses per Form 990$1,098,143
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board president reviewed and shared with the board post filing.

Form 990, Part VI, Section B, Line 12C

Periodic reviews are conducted and at a minimum include 1) whether compensation arrangements and benefits are reasonable based on competent survey information, and the result of arm's length bargaining 2) whether partnerships, joint ventures and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further educational and/or charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.

Form 990, Part VI, Section C, Line 19

Documents are made available to the public upon request at the mrm north campus offices.

Filing and Contact Details

Filer

Filer Name
Mrm North Campus Inc
EIN
82-0683425
Phone
4143442211
Address
830 NORTH 19TH STREET, MILWAUKEE, WI 53233

Signing Officer

Name
Patrick Vanderburgh
Title
President
Phone
4143442211
Signed
2023-12-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Vanderburgh
Formed
2017
Legal Domicile
Wi
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
3

Preparer

Firm
Sikich Llp
Address
17335 GOLF PARKWAY SUITE 500, BROOKFIELD, WI 53045
Preparer
Jill M Boyle CPA
Phone
2627549400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional services: program service expenses 0. Management and general expenses 8,100. Fundraising expenses 0. Total expenses 8,100. Consulting expense: program service expenses 0. Management and general expenses 282,112. Fundraising expenses 0. Total expenses 282,112.

Financial Statement Notes

PART X, LINE 2:

The organization is an exempt organization under section 501(c)(3) of the internal revenue code and is exempt from federal and state income taxes on related income pursuant to section 501(a) of the code as other than a private foundation.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0193546
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt014448
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt08577
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PATRICK VANDERBURGH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0229908
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT'S COMPENSATION IS PAID BY MILWAUKEE RESCUE MISSION, A RELATED ENTITY AND IS DETERMINED BY APPROVAL OF THE BOARD OR COMPENSATION COMMITTEE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD PRESIDENT REVIEWED AND SHARED WITH THE BOARD POST FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PERIODIC REVIEWS ARE CONDUCTED AND AT A MINIMUM INCLUDE 1) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING 2) WHETHER PARTNERSHIPS, JOINT VENTURES AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER EDUCATIONAL AND/OR CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE MRM NORTH CAMPUS OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,100. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,100. CONSULTING EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 282,112. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 282,112.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MILWAUKEE RESCUE MISSION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0390816851
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDES HOMELESS MEN, WOMEN, AND CHILDREN WITH EMERGENCY AID AND LONG-TERM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0830 NORTH 19TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MILWAUKEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd053233
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt019031963
IRS990/TotalAssetsEOYAmt018837689
IRS990/TotalAssetsGrp/BOYAmt019031963
IRS990/TotalAssetsGrp/EOYAmt018837689
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt098000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0584409
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0513734
IRS990/TotalFunctionalExpensesGrp/TotalAmt01098143
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018123918
IRS990/TotalLiabilitiesEOYAmt018164510
IRS990/TotalLiabilitiesGrp/BOYAmt018123918
IRS990/TotalLiabilitiesGrp/EOYAmt018164510
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0908045
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0673179
IRS990/TotalOtherCompensationAmt023025
IRS990/TotalProgramServiceExpensesAmt0513734
IRS990/TotalProgramServiceRevenueAmt0764148
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01129
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0764148
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0863277
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt019031963
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018837689
IRS990/TotReportableCompRltdOrgAmt0206883
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0830 NORTH 19TH STREET
IRS990/USAddress/CityNm0MILWAUKEE
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053233
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK VANDERBURGH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04143442211
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-12-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MRM NORTH CAMPUS INC
ReturnHeader/Filer/BusinessNameControlTxt0MRMN
ReturnHeader/Filer/EIN0820683425
ReturnHeader/Filer/PhoneNum04143442211
ReturnHeader/Filer/USAddress/AddressLine1Txt0830 NORTH 19TH STREET
ReturnHeader/Filer/USAddress/CityNm0MILWAUKEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053233
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363168081
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SIKICH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt017335 GOLF PARKWAY SUITE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053045
ReturnHeader/PreparerPersonGrp/PhoneNum02627549400
ReturnHeader/PreparerPersonGrp/PreparationDt02023-12-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JILL M BOYLE CPA

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