STRATEGY STUDIO / PUBLIC DATA EXPLORER

MARC HOMES INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
MARC HOMES INC (EIN 20-0044654)
Tax period
2011-07-01 to 2012-06-30
Filed
2012-10-11
IRS object ID
201202859349300330
Schema version
2011v1.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-10-11T11:47:46-00:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1John Flusche CPABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line16851 S CantonAddressLine1
CityTulsaCity
StateOKState
ZIP Code74136ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN200044654EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MARC Homes IncBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMARCNameControl
Phone9186838162Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 622AddressLine1
CityMuskogeeCity
StateOKState
ZIP Code74402ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMichael PeaseName
TitleChairmanTitle
Date Signed2012-10-11DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJohn FluscheName
Phone9184888753Phone
Date Prepared2012-10-11DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonMichael PeaseNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1210 East OkmulgeeAddressLine1
CityMuskogeeCity
StateOKState
ZIP Code74403ZIPCode
FieldValueIRS element (for citing)
Gross Receipts101222GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2004YearFormation
State Legal DomicileOKStateLegalDomicile
Activity Or Mission DescriptionProvide 22 units of housing for low income persons with disabilities.ActivityOrMissionDescription
Nbr Voting Members Governing Body8NbrVotingMembersGoverningBody
Nbr Independent Voting Members8NbrIndependentVotingMembers
Total Nbr Employees2TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year40411ContributionsGrantsPriorYear
Contributions Grants Current Year41604ContributionsGrantsCurrentYear
Program Service Revenue Prior Year58739ProgramServiceRevenuePriorYear
Program Service Revenue CY59616ProgramServiceRevenueCY
Investment Income Prior Year7InvestmentIncomePriorYear
Investment Income Current Year2InvestmentIncomeCurrentYear
Other Revenue Prior Year116OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year99273TotalRevenuePriorYear
Total Revenue Current Year101222TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year23540SalariesEtcPriorYear
Salaries Etc Current Year23949SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year112750OtherExpensePriorYear
Other Expenses Current Year107003OtherExpensesCurrentYear
Total Expenses Prior Year136290TotalExpensesPriorYear
Total Expenses Current Year130952TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-37017RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-29730RevenuesLessExpensesCY
Total Assets BOY912381TotalAssetsBOY
Total Assets EOY880452TotalAssetsEOY
Total Liabilities BOY1070174TotalLiabilitiesBOY
Total Liabilities EOY1067975TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY-157793NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY-187523NetAssetsOrFundBalancesEOY
Mission DescriptionProvide 22 units of housing for low income persons with disabilities.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense126352Expense
DescriptionProvide 22 units of housing for low income persons with disabilities.Description
Total Program Service Expense126352TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetstrueReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees2NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Form8886 T FiledfalseForm8886TFiled
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Form8899 FiledfalseForm8899Filed
Form1098 C FiledfalseForm1098CFiled
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members8NbrVotingGoverningBodyMembers
Number Independent Voting Members8NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledOKStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonINCORNamePerson
Telephone Number9184888753TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1210 East OkmulgeeAddressLine1
CityMuskogeeCity
StateOKState
ZIP Code74403ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
Michael Pease
Chairman001.00XX000
Les Weston
Vice-Chairman001.00XX000
Joyce Lowe
Secretary001.00XX000
Betsy Breen
Board Member001.00X000
Larnetta Scroggins
Board Member001.00X000
John Sterling
Board Member001.00X000
Edward Breen
Board Member001.00X000
Jody Whitaker
Board Member001.00X000
FieldValueIRS element (for citing)
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Government Grants41604GovernmentGrants
Total Contributions41604TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionRental Income - TenantsDescription
Total Revenue Column59616TotalRevenueColumn
Related Or Exempt Function Income59616RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue59616TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column2TotalRevenueColumn
Related Or Exempt Function Income2RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column101222TotalRevenueColumn
Related Or Exempt Function Income59618RelatedOrExemptFunctionIncome

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total0Total

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total23949Total
Program Services23949ProgramServices

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total0Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total0Total

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total10029Total
Program Services10029ProgramServices

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total0Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total5124Total
Program Services524ProgramServices
Management And General4600ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Fees For Services Prof FundraisingFeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total0Total

Advertising Advertising

FieldValueIRS element (for citing)
Total0Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total8528Total
Program Services8528ProgramServices

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total0Total

Travel Travel

FieldValueIRS element (for citing)
Total0Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total25186Total
Program Services25186ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total3758Total
Program Services3758ProgramServices

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
Utilities2535825358
Maintenance and Repairs Supplies95459545
Maintenance and Repairs Contracts1887918879

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total596Total
Program Services596ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total130952Total
Program Services126352ProgramServices
Management And General4600ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY7757BOY
EOY281EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY17499BOY
EOY11763EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY310BOY
EOY1156EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
EOY5378EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis1044186LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec186479LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY882893BOY
EOY857707EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY3922BOY
EOY4167EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY912381BOY
EOY880452EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY8152BOY
EOY5708EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1062022BOY
EOY1062267EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1070174BOY
EOY1067975EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY-157793BOY
EOY-187523EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-157793BOY
EOY-187523EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY912381BOY
EOY880452EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-29730ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years35201CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years41368CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years40529CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year40411CurrentTaxYearMinus1Year
Current Tax Year41604CurrentTaxYear
Total199113Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years35201CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years41368CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years40529CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year40411CurrentTaxYearMinus1Year
Current Tax Year41604CurrentTaxYear
Total199113Total
FieldValueIRS element (for citing)
Public Support Total170199113PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years46356CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years59598CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years61297CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year58862CurrentTaxYearMinus1Year
Current Tax Year59618CurrentTaxYear
Total285731Total
FieldValueIRS element (for citing)
Total Support484844TotalSupport
Public Support Pertcentage1700.41070PublicSupportPertcentage170
Public Support Pertcent Prior Year0.40530PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170
Public Support Percentage5090.00000PublicSupportPercentage509
Investment Income Percentage0.00000InvestmentIncomePercentage

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Included On FSfalseIncludedOnFS

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis49365OtherCostOrOtherBasis
Book Value49365BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis988008OtherCostOrOtherBasis
Depreciation179666Depreciation
Book Value808342BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis6813OtherCostOrOtherBasis
Depreciation6813Depreciation
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings857707TotalOfBookValueLandBuildings

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionTenant Security DepositsDescription
Book Value4167BookValue
FieldValueIRS element (for citing)
Total Book Value Other Assets4167TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
Capital Advance$1,058,100
Tenant Deposits Payable$4,167
FieldValueIRS element (for citing)
Total Of Amounts1062267TotalOfAmounts
Total Revenue101222TotalRevenue
Total Expenses130952TotalExpenses
Excess Or Deficit For Year-29730ExcessOrDeficitForYear
Excess Or Deficit Per FS-29730ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt101222TotRevenueEtcAuditedFinclStmt
Revenue Subtotal101222RevenueSubtotal
Total Revenue Per Form990101222TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt130952TotExpensesEtcAuditedFinclStmt
Expenses Subtotal130952ExpensesSubtotal
Total Expenses Per Form990130952TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Form 990 Part VI11bThe form is reviewed at regularly scheduled monthly meetings.
Form 990 Part VI12cThe Board oversees the activity of the property manager who selects contractors and ensures contractors are not related.
Form 990 Part VI19The governing documents, contract of interest policy, and financial statements are available upon proper request.
Form 990 Part VI Section C Line 11b The form is reviewed at regularly scheduled monthly meetings. Form 990 Part VI Section B Line 12c The Board oversees the activity of the property manager who selects contractors and ensures contractors are not related. Form 990 Part VI Section C Line 19 The governing documents, contract of interest policy, and financial statements are available upon proper request.