Nonprofits›Michigan Rural Rehabilitation Corporation
Michigan Rural Rehabilitation Corporation
MARSHALL, MI
Total revenue
$329K
Total expenses
$290K
Net assets
$5.9M
Grants received
—
EIN
386067313
Tax year
2024
Mission
To provide loans to rural students, farmers,residents, youth and youth organizations.
Programs
1 program
The organization operates per "use agreement" with the usda rural development agency to provide educational loans to rural students as well as mortgages to farmers and other rural residents.additionally grants are awarded to students and youth organizations to foster rural living objectives.
Expenses: $32K
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$303K
Investment income$5K
Other revenue$20K
Total revenue$329K
Expenses
Grants paid—
Salaries & benefits$183K
Fundraising—
Other expenses$107K
Total expenses$290K
Total assets$5.9M
Net assets$5.9M
People
5 listed
NameRoleCompensation
LOUIS CIARKOWSKI
CHAIRMAN
Board
$1K
CHRIS JOHNSON
TREASURER
Board
$1K
SCOTT DROWN
DIRECTOR
Board
$400
JENNIE KOEBEL
DIRECTOR
Board
$400
CARMEN COUSINO
DIRECTOR
Board
$200
Details
EIN386067313
Subsection04
Ruling date1945-06
Formed1935
Employees3