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EIN 38-6067313

Michigan Rural Rehabilitation Corporation

IRS 501(c) type
501(c)(4)
Num. employees
4
City
Marshall
State
Michigan
Year formed
1935
Most recent tax filings
2023-06-01
NTEE code, primary
S30: Economic Development
Description
Michigan Rural Rehabilitation Corporation provides loans to rural students, farmers, residents, youth, and youth organizations as lenders of last resort. 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.
Total revenues
$272,361
2023
Total expenses
$244,624
2023
Total assets
$5,814,708
2023
Num. employees
4
2023

Program areas at Michigan Rural Rehabilitation Corporation

The organization operates "per use" agreement with the usda-rural development agency to provide educational loans to Rural students as well as provide mortgages to farmers and other Rural residents. Additional grants are awarded to students and youth organizations to foster Rural living objectives.
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.

Personnel at Michigan Rural Rehabilitation Corporation

NameTitleCompensation
William MartinPresident$54,692
Jennie KoebelDirector$400
Eldon JohnsonVice Chairman$900
Carmen CousinoDirector$400
Louis CiarkowskiChairman$900
...and 4 more key personnel

Financials for Michigan Rural Rehabilitation Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$264,778
Investment income and dividends$7,649
Tax-exempt bond proceeds$0
Royalty revenue$259
Net rental income$-7,356
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$7,031
Total revenues$272,361

Form 990s for Michigan Rural Rehabilitation Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-10-05990View PDF
2022-062022-10-04990View PDF
2021-062021-09-07990View PDF
2020-062021-06-08990View PDF
2019-062020-02-05990View PDF
...and 9 more Form 990s

Organizations like Michigan Rural Rehabilitation Corporation

OrganizationLocationRevenue
Georgia Certified Development CorpAtlanta, GA$986,098
Central Texas Certified DevelopmentBelton, TX$147,918
Fostoria Economic Development Corporation (FEDC)Fostoria, OH$294,702
Range Association of Municipalities and SchoolsMountain Iron, MN$206,870
Wayne Economic Development CouncilWooster, OH$489,151
Spearfish Economic Development CorporationSpearfish, SD$667,193
Grant County Development CorporationMilbank, SD$429,505
Region Iii-A Development and Regional Planning CommissionKendallville, IN$541,083
Delaware County Economic Development CommissionManchester, IA$201,880
Tulare County Economic Development CorporationVisalia, CA$235,198
Data update history
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 7, 2023
Updated personnel
Identified 1 new personnel
August 4, 2022
Posted financials
Added Form 990 for fiscal year 2021
October 3, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizations
Issues
Community improvementEconomic development
Characteristics
State / local level
General information
Address
PO Box 188 18625 Centennial Rd
Marshall, MI 49068
Metro area
Battle Creek, MI
County
Calhoun County, MI
Website URL
mrrccollegeloans.com/ 
Phone
(269) 781-4646
IRS details
EIN
38-6067313
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1935
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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