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Nonprofit · EIN 84-3037780

MC MARKETS INC

Tax-exempt · JACKSONVILLE, FL 32211

Financials

$128K$546K2022$129K$543K2023$127K$538K2024
Revenue Expenses · by fiscal year end
Financials of MC MARKETS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$126,890$538,252-$411,362$9,019,724$10,250,000-$1,230,276
June 30, 2024990$129,469$543,032-$413,563$9,431,086$10,250,000-$818,914
June 30, 2023990$128,089$546,402-$418,313$9,844,649$10,250,000-$405,351
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$125,500
Investment income
$1,390
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$74,301
Accounting fees
$104
Depreciation
$357,348
Program services (functional)
$538,148
Management and general (functional)
$104

Balance sheet and other

Total assets, start of year
$9,431,086
Total assets, end of year
$9,019,724
Total liabilities, end of year
$10,250,000
Net assets, end of year
-$1,230,276
Land, buildings and equipment
$8,728,466
Net assets without donor restrictions
-$1,230,276
Gross receipts
$126,890
Employees
0
Year formed
2019
State of legal domicile
FL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
RAY VAN LANDINGHAMTREASURER
Trustee or director, Officer
–$0
JOHN MACDONALDPRESIDENT
Trustee or director, Officer
–$0
WILLIAM MORGANVICE PRESIDE
Trustee or director, Officer
–$0
DONALD POAGSECRETARY
Trustee or director, Officer
–$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
RAY VAN LANDINGHAMTREASURER
Trustee or director, Officer
–$0
JOHN MACDONALDPRESIDENT
Trustee or director, Officer
–$0
WILLIAM MORGANVICE PRESIDE
Trustee or director, Officer
–$0
DONALD POAGSECRETARY
Trustee or director, Officer
–$0
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensation
RAY VAN LANDINGHAMTREASURER
Trustee or director, Officer
–$0
JOHN MACDONALDPRESIDENT
Trustee or director, Officer
–$0
WILLIAM MORGANVICE PRESIDE
Trustee or director, Officer
–$0
DONALD POAGSECRETARY
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
223 MILL CREEK RD, JACKSONVILLE, FL 32211-8205
In care of
% NORTH FLORIDA SCHOOL OF SPECIAL E
Principal officer (990 for 2024)
JOHN MACDONALD, 233 MILL CREEK RD, JACKSONVILLLE, FL 32211
Signed the 990
JOHN MACDONALD, PRESIDENT
Phone
(904) 724-8323
Return prepared by
THE FORDE FIRM INC

Mission

MC MARKETS, INC IS A NOT-FOR-PROFIIT ORGANIZATION ORGANIZED TO BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, AND TO CARRY OUT THE PURPOSES OF NORTH FLORIDA SCHOOL OF SPECIAL EDUCATION, INC., SPECIFICALLY TO ASSIST THE SCHOOL IN THE FUNDING FOR THE CONSTRUCTION OF NEW FACILITIES, PURCHASE OF FURNITURE AND EQUIPMENT, AND RENOVATION OF EXISTING FACILITIES FOR THE SCHOOL.

990 for the year ended June 30, 2025

Program accomplishments

  • MC MARKETS INC. COMPLETED CONSTRUCTION OF NEW FACILITIES AND COMPLETED RENOVATIONS OF EXISTING FACILITIES FOR NORTH FLORIDA SCHOOL OF SPECIAL EDUCATION, INC. USING THE NEW MARKET TAX CREDIT PROGRAM.
    Expenses $538,148

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
84-3037780
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2020
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$9,019,724
Income (IRS master file)
$126,890

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$126,890$538,252$9,019,724IRS
990June 2024$129,469$543,032$9,431,086XML
990June 2023$128,089$546,402$9,844,649XML
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––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 84-3037780).

Questions about MC MARKETS INC

What is the EIN of MC MARKETS INC?
The employer identification number (EIN) of MC MARKETS INC is 84-3037780.
Is MC MARKETS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to MC MARKETS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does MC MARKETS 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 MC MARKETS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MC MARKETS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MC MARKETS INC?
The 990 for the year ended June 30, 2025 names JOHN MACDONALD.
Who are the officers and directors of MC MARKETS INC?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does MC MARKETS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $126,890, expenses of $538,252 and total assets of $9,019,724 at year end.

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