Mareda Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341027218 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

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Overview

What is Mareda Inc?

Mareda Inc is a nonprofit organization based in Toledo, Ohio, specifically at 1931 Scottwood Ave Suite 700. Their primary mission is to support other Catholic organizations that offer housing solutions for low to moderate income families, individuals with disabilities, and the elderly. Their activities are aligned with this mission, aiming to provide necessary assistance to these organizations. By doing so, Mareda Inc plays a crucial role in enhancing housing opportunities and ensuring the well-being of various vulnerable populations in the community.

Is Mareda Inc legitimate?

Mareda Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mareda 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 Mareda Inc?

Mareda Inc, as a supporting organization, aims to assist other Catholic institutions in providing housing solutions for individuals with specific needs. These include low-income families, individuals with disabilities, and the elderly. The primary mission of Mareda Inc is to offer its support in this area, thereby contributing to the larger community and ensuring the well-being of these vulnerable groups. By partnering with other Catholic organizations, Mareda Inc extends its reach and impact, ultimately working towards providing a safe and comfortable living environment for those in need.

Who is the CEO of Mareda Inc?

Vr Michael R Billian is the President of Mareda Inc.

What is the revenue of Mareda Inc?

Mareda Inc's revenue in 2022 was $769,242.

Who are the executives of Mareda Inc and what are their salaries?


Here are 5 key members and their salaries:


Vr Michael R Billian (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hayward (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Wilkins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Mary Thill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Frazier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mareda Inc?

Mareda Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mareda Inc

Mareda Inc, as a nonprofit organization, is dedicated to providing support for other Catholic organizations that offer housing solutions for low-income families, individuals with disabilities, and the elderly. With a mission that aligns closely with its activities, Mareda Inc seeks to strengthen these Catholic organizations by providing them with the necessary resources and assistance. By doing so, Mareda Inc aims to enhance the living conditions and improve the quality of life for those in need, ensuring that they have access to safe and affordable housing options. This support from Mareda Inc plays a crucial role in enabling these organizations to continue their vital work in providing housing solutions for some of the most vulnerable members of society.

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Impact




October, 2024

Mareda Inc plays a crucial role in enhancing the quality of life for low to moderate-income families, individuals with disabilities, and the elderly by providing support to Catholic organizations focused on housing solutions. By collaborating with these organizations, Mareda Inc strengthens community resources, ensuring that vulnerable populations have access to safe and affordable housing options.

Through its mission, Mareda Inc addresses critical housing challenges, fostering stability and security for those in need. The organization's impact extends beyond mere shelter; it promotes dignity and a sense of belonging within the community, ultimately contributing to social welfare and improving overall living conditions in Toledo, OH. By prioritizing these populations, Mareda Inc helps to build a supportive network that empowers individuals and families to thrive.




This information is meant to be a general summary of Mareda 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.

Revenue
$769,242 (2022)
Expenses
$8,649,342 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $769,242
  • Gross Receipts: $769,242

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1946

Principal Officer

Vr Michael R Billian

Main Address

1931 SCOTTWOOD AVE SUITE 700, TOLEDO, OH, 43620

NTEE Category

Code: Z99Z - Unknown

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