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Impact INC

Public charity
Other · MIDDLETOWN, CT · EIN 06-6011968

About

Founded in 1955, MARC community resources provides an array of support and services to adults with intellectual disabilities and their families throughout connecticut. The mission is to empower adults with intellectual and developmental disabilities to realize their dreams and make choices about their lives. To honor and help fulfill these dreams MARC provides people with choices for housing, employment and social/recreational life.

Donations are tax-deductible
Category
Other
Employees
219
Volunteers

Financial Snapshot

FY ending 2023-06-30
Revenue
$10.8M
Expenses
$10.9M
Assets
$8.8M
Liabilities
$4.9M

Financial history

$10.9M$5.5M$0
1617181920212223
RevenueExpenses
Latest FY2023: $10.8M · Avg: $7.9M
IMPACT INC
Your actions

Address

25 Industrial Park RD
Middletown, CT, 06457-151

Governance

Voting board members13
Independent members13
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %60.9%
Permanent endowment %23.8%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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