Overview
What is Mcamericas Realty Inc?
Mcamericas Realty Inc is a nonprofit organization based in El Paso, Texas, with an address at 5130 Gateway East Boulevard 110. Its primary objective is to acquire various parcels of land within its designated campus for expansion and future developments, aligning with its exempt purpose. The organization collects income from these properties and remits the entire amount, less expenses, to Mcamericas Holdings Inc, as long as it continues to be classified as a 501(c)(3) organization under the Internal Revenue Code. The nonprofit's activities primarily revolve around real estate acquisition and property management.
Official website here: www.mcamericas.org
Is Mcamericas Realty Inc legitimate?
Mcamericas Realty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcamericas Realty 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
Official website here: www.mcamericas.org
What is the mission statement of Mcamericas Realty Inc?
Mcamericas Realty Inc is organized with a specific purpose. Its primary objective is to acquire real property and hold title to it, while simultaneously collecting income from this property. The corporation then remits the entire income (after deducting expenses) to Mcamericas Holdings Inc, provided that the latter remains an organization classified under Section 501(C)(3) of the Internal Revenue Code. Essentially, Mcamericas Realty Inc serves as a real estate investment entity, channeling its income to another organization that qualifies for tax-exempt status.
Official website here: www.mcamericas.org
Who is the CEO of Mcamericas Realty Inc?
Carlos Ortega is the Board Member of Mcamericas Realty Inc. The CEO's salary of Mcamericas Realty Inc is $0 and their total compensation is $231,465.
Official website here: www.mcamericas.org
What is the revenue of Mcamericas Realty Inc?
Mcamericas Realty Inc's revenue in 2022 was $266,465.
Official website here: www.mcamericas.org
Who are the executives of Mcamericas Realty Inc and what are their salaries?
Here are 14 key members and their salaries (Mcamericas Realty Inc's CEO's salary is $0 and their total compensation is $231,465):
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- Related: $141,896
- Other: $5,945
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- Related: $212,448
- Other: $19,017
- Compensation: $0
- Related: $137,944
- Other: $5,921
- Compensation: $0
- Related: $127,260
- Other: $5,090
- Compensation: $0
- Related: $102,309
- Other: $14,611
Official website here: www.mcamericas.org
Where can I find the form 990 for Mcamericas Realty Inc?
Mcamericas Realty Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcamericas.org
Learn more at the official website: www.mcamericas.org
Mission Statement of Mcamericas Realty Inc
Mcamericas Realty Inc is established with a specific mission. Its primary objective is to acquire real property and hold title to it, while simultaneously collecting income derived from this property. This income, after deducting expenses, is then remitted to Mcamericas Holdings Inc, as long as the latter is classified as a non-profit organization under Section 501(C)(3) of the Internal Revenue Code. In essence, Mcamericas Realty Inc acts as a conduit for real estate income, facilitating its redistribution to a qualifying non-profit organization. This mission is crucial in supporting the broader objectives of the associated non-profit, Mcamericas Holdings Inc.
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Impact
October, 2024
Mcamericas Realty Inc plays a critical role in the strategic acquisition and management of real estate assets, specifically within the MCA-designated campus in El Paso, TX. By acquiring various parcels of land, the organization facilitates future expansion and development aligned with its mission. The income generated from these properties is reinvested into Mcamericas Holdings, Inc., ensuring that resources are channeled towards advancing health-related initiatives within the community.
This focus on real estate not only supports the operational needs of Mcamericas Holdings but also enhances the organization’s ability to fulfill its health-focused objectives. By securing and managing property effectively, Mcamericas Realty Inc contributes significantly to the overall sustainability and growth of health services in the region, thereby positively impacting the community it serves.
This information is meant to be a general summary of Mcamericas Realty 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: $249,265
- Gross Receipts: $266,465
Assets and Liabilities:
- Total Assets: $6,326,320
- Total Liabilities: $6,138,670
- Net Assets: $187,650
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$249,265
Organization Details
Founding Year
2009
Phone
(915) 613-2478Principal Officer
Carlos Ortega
Main Address
5130 GATEWAY EAST BOULEVARD 110, EL PASO, TX, 79905
Website
www.mcamericas.orgNTEE Category
Code: E80 - Health
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