Overview
What is Mashari Holding Inc?
Mashari Holding Inc, located in Philadelphia, Pennsylvania, is a company primarily engaged in managing rental properties. A notable aspect of their operations involves transferring the profits generated from these rentals to a non-profit organization. This financial support likely contributes to various charitable initiatives or causes, as per the company's mission statement. Mashari Holding Inc's primary role in real estate management and charitable giving positions it as a unique entity in the philanthropic and property management sectors.
Is Mashari Holding Inc legitimate?
Mashari Holding Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Mashari Holding 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
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What is the mission statement of Mashari Holding Inc?
Mashari Holding Inc's mission is centered around managing rental properties. The primary objective of this organization is to generate profits from these properties. Notably, Mashari Holding Inc is committed to channeling these profits towards supporting non-profit organizations. This mission reflects a dedication to contributing to social causes beyond the realm of property management.
Who is the CEO of Mashari Holding Inc?
Riad Nachef is the President of Mashari Holding Inc.
What is the revenue of Mashari Holding Inc?
Mashari Holding Inc's revenue in 2022 was $85,813.
Who are the executives of Mashari Holding Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mashari Holding Inc?
Mashari Holding Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mashari Holding Inc
Mashari Holding Inc, as a company, is dedicated to managing rental properties with a unique mission in mind. This mission involves channeling the profits generated from these rental properties towards non-profit organizations. By doing so, Mashari Holding Inc contributes to the larger social cause, using its business operations as a means to support charitable endeavors. This philanthropic approach allows the company to make a significant impact, harnessing the power of its commercial activities to contribute to the betterment of the community.
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Impact
October, 2024
Mashari Holding Inc significantly impacts the community through the effective management of rental properties, channeling profits to support community-focused initiatives. By operating in Philadelphia, it contributes to housing stability and economic enhancement while ensuring that the generated revenue is reinvested into non-profit endeavors aimed at improving the local landscape. This dual focus not only addresses immediate housing needs but also fosters long-term community development, ultimately leading to a stronger, more resilient neighborhood. Through their commitment to community improvement, Mashari Holding Inc plays a vital role in uplifting and supporting the residents of Philadelphia.
This information is meant to be a general summary of Mashari Holding 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.
- Gross Receipts: $176,639
Assets and Liabilities:
- Total Assets: $804,171
- Total Liabilities: $610,843
- Net Assets: $193,328
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Organization Details
Founding Year
2007
Phone
(215) 387-8888Principal Officer
Riad Nachef
Main Address
4431 WALNUT STREET, PHILADELPHIA, PA, 19104
NTEE Category
Code: S43 - Community improvement
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