MORC HOLDING COMPANY

EIN: 201422834 501(c)(3) Diseases & Disorders

CLINTON TOWNSHIP, MI

Total Revenue
$-37,434
Total Expenses
N/A
Total Assets
$20,729,359
Net Assets
$19,396,580
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MI
Principal Officer
BRENT WIRTH
Phone
5862638700
Tax Period
2023-10-01 to 2024-09-30

MORC HOLDING COMPANY, founded in 2004, is a micro nonprofit in the Diseases & Disorders sector that reported $37K in total revenue in fiscal year 2023. Revenue fell 115% from the prior year — a significant decline worth monitoring.

Mission

THE MISSION OF THE ORGANIZATION IS TO, DIRECTLY OR INDIRECTLY THROUGH ONE OR MORE SUBSIDIARIES, PROVIDE SERVICES, SUPPORT AND HOUSING WHICH ARE COMMUNITY BASED AND PROMOTE INDEPENDENCE, FULL INTEGRATION AND PARTICIPATION IN COMMUNITY LIFE FOR PERSONS WITH DEVELOPMENTAL DISABILITIES, MENTAL ILLNESS OR NEEDS SIMILAR TO INDIVIDUALS WITH THESE CONDITIONS. THE CORPORATION SHALL SERVE BOTH CHILDREN AND ADULTS. ALL SERVICES SHALL BE DIRECTED BY THE INDIVIDUAL, IN AN EFFORT TO MAXIMIZE THEIR ABILITY TO LIVE, WORK, LEARN AND PLAY IN THEIR COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $-37,434
TOTAL REVENUE $-37,434

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $-37,434 $244,116 -1.2%
Expenses N/A N/A N/A
Net Income N/A $244,116 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$672,315
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT BARNETT DIRECTOR 1.00
Director
$0 $0 $0
DAVID BENOIT DIRECTOR 1.00
Director
$0 $0 $0
JOHN BYRNE DIRECTOR 1.00
Director
$0 $0 $0
DR SAM FLANDERS DIRECTOR 1.00
Director
$0 $0 $0
KEN GABRIEL DIRECTOR 1.00
Director
$0 $0 $0
PAUL PJ HAVILAND DIRECTOR 1.00
Director
$0 $0 $0
JOHN LIEBLANG DIRECTOR 1.00
Director
$0 $0 $0
JOHN KEEGAN DIRECTOR 1.00
Director
$0 $0 $0
PETER MCELROY DIRECTOR 1.00
Director
$0 $0 $0
ANNETTE MARCATH DIRECTOR 1.00
Director
$0 $0 $0
DR LYNDA MISRA DIRECTOR 1.00
Director
$0 $0 $0
JUANITA SAVAGE DIRECTOR 1.00
Director
$0 $0 $0
JASON SLOCUM DIRECTOR 1.00
Director
$0 $0 $0
JULIA SWANSON DIRECTOR 1.00
Director
$0 $0 $0
MATT VANHAAREN DIRECTOR 1.00
Director
$0 $0 $0
JOHN ZERBO DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL JACOBSON CHAIRPERSON 1.00
Officer
$0 $0 $0
ELIZABETH PYDEN VICE CHAIRPERSON 1.00
Officer
$0 $0 $0
EMIL KREYCIK TREASURER 1.00
Officer
$0 $0 $0
LATOYA STROKER SECRETARY 1.00
Officer
$0 $0 $0
WIRTH BRENT L PRESIDENT/CEO 1.00
Officer
$0 $43,454 $427,479
SZCZUR CYNTHIA A CFO/CHIEF FINANCE OFFICER 1.00
Officer
$0 $3 $19,879
RON HOCKING CFO/CHIEF FINANCE OFFICER (THRU 11/12/23) 1.00
Officer
$0 $12,728 $224,957
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $-37,434 No data $20,729,359 No data
2023 $244,116 No data $23,348,910 No data
2022 $-23,876 No data $22,075,779 No data
2021 $-5,077 No data $20,429,455 No data
2020 $11,425 No data $19,563,696 No data
2019 $90,812 $205,304 $18,604,410 $-114,492
2018 $168,866 $182,268 $19,452,355 $-13,402
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