MCC PARCEL B TITLE HOLDING CORPORATION

EIN: 843392213 Community Improvement

LANSING, MI

Total Revenue
$-194,033
Total Expenses
$3,385
Total Assets
$24,888,926
Net Assets
$167,150
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MI
Principal Officer
ADRIANNE JENKINS
Phone
5173340545
Tax Period
2023-01-01 to 2023-12-31

MCC PARCEL B TITLE HOLDING CORPORATION, founded in 2019, is a micro nonprofit in the Community Improvement sector that reported $194K in total revenue in fiscal year 2023.

Mission

THIS CORPORATION IS A FIXED ASSET HOLDING COMPANY WHICH OWNS PROPERTY THAT MICHIGAN COMMUNITY CAPITAL USED IN THE FULFILLMENT OF THEIR STATED MISSION.

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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 $102,435
Other Revenue $-296,468
TOTAL REVENUE $-194,033

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,385
Other Expenses $3,385
TOTAL EXPENSES $3,385

Year-over-Year Comparison

2023 2022 Change
Revenue $-194,033 $-295,232 -0.3%
Expenses $3,385 $8,357 -0.6%
Net Income $-197,418 $-303,589 -0.3%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
N/A

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
1
$281,644
Total Directors
3
$281,644
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC HANNA PRESIDENT/BOARD MEMBER 1.50
Officer Director
$0 $37,435 $281,644
MARK MORANTE BOARD MEMBER 0.50
Director
$0 $0 $0
DANIEL LYNCH BOARD MEMBER 1.50
Director
$0 $0 $0
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 No data No data No data No data
2023 $-194,033 $3,385 $24,888,926 $-197,418
2022 $-295,232 $8,357 $25,564,402 $-303,589
2021 $2,920 $762 $19,753,076 $2,158
2020 $21,447 $61,551 $17,398,631 $-40,104
2019 No data No data $1,320,056 No data
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