Overview
What is Mahc Inc?
Mahc Inc. is a title-holding company for a nonprofit organization named Milestone Recovery. Established with the purpose of owning property used for charitable activities, Mahc Inc. serves as a real estate holding entity for not-for-profit rentals. The company's primary function is to support the exempt objectives of its parent organization, ensuring the appropriate use of property for the betterment of the community. While the specific activities or programs run by Mahc Inc. are not provided in the information, it is clear that they play a crucial role in providing a physical space for the Milestone Recovery's charitable endeavors.
Is Mahc Inc legitimate?
Mahc Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Mahc Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Mahc Inc?
Mahc Inc. was established with the primary objective of serving as a title holder for a property that supports the charitable activities of the Milestone Foundation Inc. This not-for-profit organization uses the property for its exempt purposes. Essentially, Mahc Inc. acts as a real estate holding company, contributing to the mission of another organization by providing a property for its operations.
Who is the CEO of Mahc Inc?
Tom Doherty Doh 41122 is the President of Mahc Inc.
What is the revenue of Mahc Inc?
Mahc Inc's revenue in 2022 was $129,509.
Who are the executives of Mahc Inc and what are their salaries?
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $97,000
- Other: $837
Where can I find the form 990 for Mahc Inc?
Mahc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mahc Inc
Mahc Inc, a title-holding organization, was established with the primary objective of managing property that serves to fulfill the charitable purpose of the Milestone Recovery Foundation. This not-for-profit entity functions as a real estate holding company, providing a base for the mission of its associated organization. By managing property on its behalf, Mahc Inc plays a crucial role in supporting the exempt activities of the Milestone Recovery Foundation.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Mahc Inc plays a vital role in facilitating community improvement in Portland, Maine, by managing real estate assets that support the mission of Milestone Recovery. By holding title to property, Mahc Inc ensures that these resources are dedicated to serving individuals in need, particularly those seeking recovery and support. The organization’s focus on maintaining and providing use of these properties contributes significantly to the stability and accessibility of vital services for the community. This not only enhances the quality of life for residents but also fosters a supportive environment for recovery and rehabilitation initiatives. Through its dedicated stewardship of real estate, Mahc Inc effectively empowers individuals and strengthens the community as a whole.
This information is meant to be a general summary of Mahc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $94,509
- Gross Receipts: $129,509
Assets and Liabilities:
- Total Assets: $1,685,072
- Total Liabilities: $1,053,429
- Net Assets: $631,643
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$94,509
Organization Details
Founding Year
2004
Phone
(207) 775-4790Principal Officer
Tom Doherty Doh 41122
Main Address
65 INDIA STREET, PORTLAND, ME, 04101
NTEE Category
Code: S47 - Community improvement
If you are a representative of Mahc Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.