MRC Industries Inc

EIN: 381911437 501(c)(3) Employment

Kalamazoo, MI

Total Revenue
$6,238,843
Total Expenses
$5,722,624
Total Assets
$8,505,899
Net Assets
$7,993,340
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
MI
Principal Officer
Dan Pontius
Phone
2693430747
Tax Period
2024-10-01 to 2025-09-30

MRC Industries Inc, founded in 1969, is a community nonprofit in the Employment sector that reported $6.2M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $5.7M left a modest 8% surplus.

Mission

MRC Industries, Inc. champions the potential of individuals with disabilities and mental illness by promoting equity, inspiring independence, and creating inclusive pathways to thrive within the 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 (2024)

Revenue Breakdown

Contributions & Grants $620,270
Program Service Revenue $5,474,149
Investment Income $126,827
Other Revenue $17,597
TOTAL REVENUE $6,238,843

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,624,744
Fundraising Expenses $190,618
Program Expenses $4,349,531
Other Expenses $1,067,880
TOTAL EXPENSES $5,722,624

Year-over-Year Comparison

2024 2023 Change
Revenue $6,238,843 $5,253,643 +0.2%
Expenses $5,722,624 $5,071,190 +0.1%
Net Income $516,219 $182,453 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
214
Volunteers
53

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
6
$220,967
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kimberly Carr Vice-Chair 2.00
Officer Director
$0 $0 $0
Laura Dinehart Member 2.00
Director
$0 $0 $0
Joan Ruiz Member 2.00
Director
$0 $0 $0
Shantoria Donson Member 2.00
Director
$0 $0 $0
Yvonne Fleener Member 2.00
Director
$0 $0 $0
Lisa Luebke Chair Emeritus 2.00
Director
$0 $0 $0
Tyler Stewart Secretary 2.00
Officer Director
$0 $0 $0
Christopher Terkos Member 2.00
Director
$0 $0 $0
Michael Smith Member 2.00
Director
$0 $0 $0
Melissa Tallon Treasurer 2.00
Officer Director
$0 $0 $0
Megan Pena Member 2.00
Director
$0 $0 $0
Andrew Wenzel Chair 2.00
Officer Director
$0 $0 $0
Kenneth Nacci Member 2.00
Director
$0 $0 $0
Molly Lohroff Member 2.00
Director
$0 $0 $0
Stanley Steppes Member 2.00
Director
$0 $0 $0
Bethany Vinatieri Member 2.00
Director
$0 $0 $0
Dan Pontius CEO 40.00
Officer
$142,367 $2,824 $145,191
Seth Essling CFO 40.00
Officer
$75,692 $84 $75,776
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
2025 $6,238,843 $5,722,624 $8,505,899 $516,219
2024 $5,253,643 $5,071,190 $7,512,972 $182,453
2023 $4,208,235 $4,396,613 $6,363,856 $-188,378
2022 $4,255,330 $3,841,033 $6,218,798 $414,297
2021 $3,846,446 $3,642,822 $6,754,337 $203,624
2020 $3,701,969 $3,526,770 $6,424,630 $175,199
2019 $3,826,790 $3,817,993 $5,521,360 $8,797
2018 $4,049,365 $4,159,880 $5,594,435 $-110,515
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