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Nonprofit · EIN 43-2023040

M C RESOURCE MANAGEMENT

Tax-exempt · ANCHORAGE, AK 99514

Financials

$2.4M$2.4M2023$2M$2M2024
Revenue Expenses · by fiscal year end
Financials of M C RESOURCE MANAGEMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,981,757$2,047,352-$65,595$354,130$88,915$265,215
December 31, 2023990$2,354,996$2,351,370$3,626$469,106$138,296$330,810
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,979,655
Investment income
$302
Other revenue
$1,800

Expenses

Grants and similar amounts paid
$7,827
Compensation of officers, directors and key employees
$150,000
Salaries, compensation and benefits (total)
$1,707,323
Professional fundraising fees
$0
Accounting fees
$3,660
Occupancy
$59,186
Travel
$1,702
Program services (functional)
$1,690,799
Management and general (functional)
$356,553

Balance sheet and other

Total assets, start of year
$469,106
Total assets, end of year
$354,130
Total liabilities, end of year
$88,915
Net assets, end of year
$265,215
Land, buildings and equipment
$11,661
Net assets without donor restrictions
$265,215
Gross unrelated business income
$1,800
Gross receipts
$1,981,757
Employees
47
Year formed
2003
State of legal domicile
AK

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ANDREW H KWONPRESIDENTTREASURER
Trustee or director, Officer
40$150,000
BARRY STOVERVICE PRESIDENT
Trustee or director, Officer
1$0
BOK HEE KWONSECRETARY
Trustee or director, Officer
1$0
SONG HAASSISTANT SECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
ANDREW H KWONPRESIDENTDIRECTOR
Trustee or director, Officer
40$150,000
FOREST BRUSSARDDIRECTOR
Trustee or director
1$0
BARRY STOVERVICE PRESIDENT
Trustee or director, Officer
1$0
BOK HEE KWONSECRETARY
Trustee or director, Officer
1$0
SONG HAASSISTANT SECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 142609, ANCHORAGE, AK 99514-2609
In care of
% ANDREW H KWON
Principal officer (990 for 2024)
ANDREW H KWON, 611 FAIRBANKS ST, ANCHORAGE, AK 99501
Signed the 990
ANDREW H KWON, Director
Phone
(907) 753-1818
Return prepared by
HOJIN PARK CPA

Mission

THE ORGANIZATION IS ESTABLISHED TO CREATE EMPLOYMENT OPPORTUNITIES FOR PEOPLE WITH SEVERE DISABILITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • ORGANIZATION EMPLOYED APPROX. 50 PEOPLE WITH DISABILITIES DURING THE PERIOD ENDED DECEBMER 31, 2024
    Expenses $1,710,361 · revenue $1,979,655

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
43-2023040
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J30)
Assets (IRS master file)
$354,130
Income (IRS master file)
$1,981,757

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,981,757$2,047,352$354,130IRS
990December 2023$2,354,996$2,351,370$469,106XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 43-2023040).

Questions about M C RESOURCE MANAGEMENT

What is the EIN of M C RESOURCE MANAGEMENT?
The employer identification number (EIN) of M C RESOURCE MANAGEMENT is 43-2023040.
Is M C RESOURCE MANAGEMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to M C RESOURCE MANAGEMENT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does M C RESOURCE MANAGEMENT file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of M C RESOURCE MANAGEMENT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did M C RESOURCE MANAGEMENT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of M C RESOURCE MANAGEMENT?
The 990 for the year ended December 31, 2024 names ANDREW H KWON.
Who are the officers and directors of M C RESOURCE MANAGEMENT?
The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $150,000 (ANDREW H KWON, PRESIDENTTREASURER).
How much revenue does M C RESOURCE MANAGEMENT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,981,757, expenses of $2,047,352 and total assets of $354,130 at year end.

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