Nonprofit · EIN 56-1749857
MAXWELL M CORPENING JR MEMORIAL CENTER INC
Tax-exempt · MARION, NC 28752
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $546,252 | $347,675 | $198,577 | $6,516,516 | $379,864 | $6,136,652 |
| December 31, 2023 | 990 | $602,147 | $389,292 | $212,855 | $6,644,688 | $715,310 | $5,929,378 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $414,282
- Program service revenue
- $0
- Investment income
- $83,359
- Net rental income
- $48,611
- Net gain from sales of assets
- $2,313
- Other revenue
- $48,611
Expenses
- Grants and similar amounts paid
- $78,683
- Compensation of officers, directors and key employees
- $2,227
- Salaries, compensation and benefits (total)
- $2,701
- Professional fundraising fees
- $0
- Legal fees
- $950
- Accounting fees
- $3,308
- Depreciation
- $216,942
- Program services (functional)
- $314,019
- Management and general (functional)
- $33,656
Balance sheet and other
- Total assets, start of year
- $6,644,688
- Total assets, end of year
- $6,516,516
- Total liabilities, end of year
- $379,864
- Net assets, end of year
- $6,136,652
- Land, buildings and equipment
- $4,561,503
- Publicly traded securities
- $1,150,558
- Net assets without donor restrictions
- $5,799,267
- Net assets with donor restrictions
- $337,385
- Gross receipts
- $1,100,490
- Employees
- 1
- Volunteers
- 0
- Year formed
- 1990
- State of legal domicile
- NC
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 |
|---|---|---|---|
| PAUL VEST | DIRECTOR Trustee or director | 0.3 | $308,421 |
| EUGENE HOLLAND | DIRECTOR Trustee or director | 0.3 | $0 |
| DAVID WOOTEN | SECRETARY/TREASURER Trustee or director, Officer | 0.3 | $0 |
| CHUCK ABERNATHY | ASS'T SECRETARY/TREASURER Trustee or director, Officer | 0.3 | $0 |
| GRAYSON ENGLAND | DIRECTOR Trustee or director | 0.3 | $0 |
| WEYLAND PREBOR | DIRECTOR Trustee or director | 0.3 | $0 |
| STEVE MCMAHAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| FRANK DEAN | VICE PRESIDENT Trustee or director, Officer | 0.3 | $0 |
| RAY MCKESSON | DIRECTOR Trustee or director | 0.3 | $0 |
| CAROL WOLFENBARGER | DIRECTOR Trustee or director | 0.3 | $0 |
| DARREN WAUGH | DIRECTOR Trustee or director | 0.3 | $0 |
| HILL EVANS | DIRECTOR Trustee or director | 0.3 | $0 |
| RICKY BUCHANAN | DIRECTOR Trustee or director | 0.3 | $0 |
| RAY BUCHANAN | DIRECTOR Trustee or director | 0.3 | $0 |
| ROB WARREN | DIRECTOR Trustee or director | 0.3 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RHONDA SILVER | DIRECTOR Trustee or director | 0.3 | $0 |
| KATHY ATKINSON | DIRECTOR Trustee or director | 0.3 | $0 |
| KIM EFFLER | DIRECTOR Trustee or director | 0.3 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAUL VEST | DIRECTOR Trustee or director | 0.3 | $0 | $285,266 | $39,726 |
| EUGENE HOLLAND | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| DAVID WOOTEN | SECRETARY/TREASURER Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| CHUCK ABERNATHY | ASS'T SECRETARY/TREASURER Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| GRAYSON ENGLAND | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| WEYLAND PREBOR | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| STEVE MCMAHAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| FRANK DEAN | VICE PRESIDENT Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| RAY MCKESSON | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| CAROL WOLFENBARGER | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| DARREN WAUGH | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| HILL EVANS | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| RICKY BUCHANAN | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| STEVE GAITO | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| ROB WARREN | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| RHONDA SILVER | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2400, MARION, NC 28752-2400
- In care of
- % RAY BUCHANNAN
- Principal officer (990 for 2024)
- STEVE MCMAHAN, C/O STEVE MCMAHAN PO BOX 2400, MARION, NC 28752
- Signed the 990
- STEVE MCMAHAN, PRESIDENT
- Phone
- (828) 659-9622
- Return prepared by
- DMJPS PLLC
Mission
TO PROVIDE A RECREATION FACILITY FOR MCDOWELL COUNTY.
Program accomplishments
- THE ORGANIZATION HAS CONTRACTED WITH THE YMCA OF WESTERN NORTH CAROLINA TO PROVIDE FOR THE DAILY OPERATION OF YMCA PROGRAMS, WITH BOTH FINANCIAL SUPPORT AND FACILITY PROVIDED TO THE YMCA BY THE ORGANIZATION.Expenses $314,019 · grants $78,683
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
- 56-1749857
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N31)
- Assets (IRS master file)
- $6,516,516
- Income (IRS master file)
- $1,100,490
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $546,252 | $347,675 | $6,516,516 | XML |
| 990 | December 2023 | $602,147 | $389,292 | $6,644,688 | XML |
| 990 | December 2022 | $600,207 | $390,265 | $6,605,675 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 56-1749857).
Questions about MAXWELL M CORPENING JR MEMORIAL CENTER INC
- What is the EIN of MAXWELL M CORPENING JR MEMORIAL CENTER INC?
- The employer identification number (EIN) of MAXWELL M CORPENING JR MEMORIAL CENTER INC is 56-1749857.
- Is MAXWELL M CORPENING JR MEMORIAL CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to MAXWELL M CORPENING JR MEMORIAL CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does MAXWELL M CORPENING JR MEMORIAL CENTER 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 MAXWELL M CORPENING JR MEMORIAL CENTER 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 MAXWELL M CORPENING JR MEMORIAL CENTER 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 MAXWELL M CORPENING JR MEMORIAL CENTER INC?
- The 990 for the year ended December 31, 2024 names STEVE MCMAHAN.
- Who are the officers and directors of MAXWELL M CORPENING JR MEMORIAL CENTER INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $308,421 (PAUL VEST, DIRECTOR).
- How much revenue does MAXWELL M CORPENING JR MEMORIAL CENTER INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $546,252, expenses of $347,675 and total assets of $6,516,516 at year end.
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All nonprofits in MARION · North Carolina · Recreation and sports