Nonprofit · EIN 81-1563864
MRCC FOUNDATION INC
Tax-exempt · WEST CALDWELL, NJ 07006
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $248,331 | $174,042 | $74,289 | $338,358 | $0 | $338,358 |
| December 31, 2023 | 990 | $237,947 | $154,258 | $83,689 | $264,069 | $0 | $264,069 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $242,795
- Program service revenue
- $0
- Investment income
- $5,536
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $169,425
- Other salaries and wages
- $3,000
- Salaries, compensation and benefits (total)
- $3,000
- Professional fundraising fees
- $0
- Program services (functional)
- $174,042
Balance sheet and other
- Total assets, start of year
- $264,069
- Total assets, end of year
- $338,358
- Total liabilities, end of year
- $0
- Net assets, end of year
- $338,358
- Net assets without donor restrictions
- $338,358
- Gross receipts
- $248,331
- Employees
- 0
- Volunteers
- 14
- Year formed
- 2016
- State of legal domicile
- NJ
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN FANBURG | PRESIDENT Trustee or director, Officer | 3 | $0 |
| JEREMY HALPERN | TREASURER Trustee or director, Officer | 3 | $0 |
| JAMES MESSINA | SECRETARY Trustee or director, Officer | 3 | $0 |
| JON MANN | BOARD MEMBER Trustee or director | 3 | $0 |
| ELLEN BRENER | BOARD MEMBER Trustee or director | 3 | $0 |
| JON MASLIN | BOARD MEMBER Trustee or director | 3 | $0 |
| ROB FRANCIS | BOARD MEMBER Trustee or director | 3 | $0 |
| DANA FRIEDMAN | BOARD MEMBER Trustee or director | 3 | $0 |
| HOWARD JACOBS | BOARD MEMBER Trustee or director | 3 | $0 |
| ELLIE LAZARUS | BOARD MEMBER Trustee or director | 3 | $0 |
| BLAIR SCHACHTEL | BOARD MEMBER Trustee or director | 3 | $0 |
| BILL WACHTEL | BOARD MEMBER Trustee or director | 3 | $0 |
| NED STEINER | BOARD MEMBER Trustee or director | 3 | $0 |
| STEPHEN WEINSTEIN | BOARD MEMBER Trustee or director | 3 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN FANBURG | PRESIDENT Trustee or director, Officer | 3 | $0 |
| JEREMY HALPERN | TREASURER Trustee or director, Officer | 3 | $0 |
| JAMES MESSINA | SECRETARY Trustee or director, Officer | 3 | $0 |
| PENINA BARR | BOARD MEMBER Trustee or director | 3 | $0 |
| ELLEN BRENER | BOARD MEMBER Trustee or director | 3 | $0 |
| JON MASLIN | BOARD MEMBER Trustee or director | 3 | $0 |
| ROB FRANCIS | BOARD MEMBER Trustee or director | 3 | $0 |
| DANA FRIEDMAN | BOARD MEMBER Trustee or director | 3 | $0 |
| HOWARD JACOBS | BOARD MEMBER Trustee or director | 3 | $0 |
| ELLIE LAZARUS | BOARD MEMBER Trustee or director | 3 | $0 |
| BLAIR SCHACHTEL | BOARD MEMBER Trustee or director | 3 | $0 |
| BILL WACHTEL | BOARD MEMBER Trustee or director | 3 | $0 |
| NED STEINER | BOARD MEMBER Trustee or director | 3 | $0 |
| STEPHEN WEINSTEIN | BOARD MEMBER Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 713 PASSAIC AVE, WEST CALDWELL, NJ 07006-6409
- Principal officer (990 for 2024)
- JOHN FANBURG, 713 PASSAIC AVENUE, WEST CALDWELL, NJ 07006
- Signed the 990
- JOHN FANBURG, PRESIDENT
- Phone
- (973) 575-8200
- Return prepared by
- CONDON O'MEARA MCGINTY & DONNELLY LLP
Mission
THE CORPORATION IS FORMED TO (I) ESTABLISH AND ADMINISTER A FUND OF MONIES FROM WHICH TO AWARD SCHOLARSHIPS TO EMPLOYESS INCLUDING THEIR FAMILY MEMBERS AND SERVICE PROVIDERS OF MOUNTAIN RIDGE COUNTRY CLUB ON AN OBJECTIVE NEEDS BASIS AS DETERMINED BY THE TRUSTEES,(II) TO RAISE FUNDS AND MAKE CONTRIBUTIONS TO PUBLIC CHARITIES, INCLUDING BUT NOT LIMITED TO, THE NJSGA CADDIE SCHOLARSHIP FOUNDATION WHICH GRANTS SCHOLARSHIPS TO CADDIES, RECEIVE DONATIONS AND GRANTS MONIES FROM WHICH TO FUND THE SCHOLARSHIPS MENTIONED IN (I) AND (II)ABOVE, AND (IV) ANY AND ALL THINGS THAT A NONPROFIT CORPORTATION QUALIFIED AS A PUBLIC CHARITY MAY DO.
Program accomplishments
- SCHOLARSHIPS TO EMPLOYEES INCLUDING THEIR FAMILY MEMBERS AND SERVICE PROVIDERS OF MOUNTAIN RIDGE COUNTRY CLUBExpenses $174,042 · grants $169,425
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-1563864
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $338,358
- Income (IRS master file)
- $248,331
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $248,331 | $174,042 | $338,358 | XML |
| 990 | December 2023 | $237,947 | $154,258 | $264,069 | XML |
| 990 | December 2022 | $348,039 | $399,298 | $180,380 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 81-1563864).
Questions about MRCC FOUNDATION INC
- What is the EIN of MRCC FOUNDATION INC?
- The employer identification number (EIN) of MRCC FOUNDATION INC is 81-1563864.
- Is MRCC FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to MRCC FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MRCC FOUNDATION INC 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 MRCC FOUNDATION INC 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 MRCC FOUNDATION INC 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 MRCC FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names JOHN FANBURG.
- Who are the officers and directors of MRCC FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does MRCC FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $248,331, expenses of $174,042 and total assets of $338,358 at year end.
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