Overview
What is Macha Inc?
Macha Inc, located at 1344 Ashton Road STE 202, Hanover, Maryland 21076, is a membership-driven organization that offers educational and operational support to professionals in the payment industry. Their primary mission is to foster a deeper understanding and application of payment networks. By providing education, operational assistance, and advocacy, Macha Inc aims to empower payment professionals in their respective roles. As of the provided data, the organization has a workforce of 13 individuals committed to this mission.
Official website here: www.macha.org
Is Macha Inc legitimate?
Macha Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Macha 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: $1,197,705
For more financial information, click here
Official website here: www.macha.org
What is the mission statement of Macha Inc?
Macha Inc, as a members-based organization, is committed to increasing the understanding and utilization of payment networks. They achieve this by providing education, operational support, and advocacy to payment professionals. By doing so, Macha Inc aims to empower these professionals in their roles, thereby enhancing the overall efficiency and effectiveness of payment networks. The organization serves as a valuable resource for professionals in the field, offering them the necessary tools and knowledge to navigate the complex landscape of payment networks.
Official website here: www.macha.org
Who is the CEO of Macha Inc?
Mary Gilmeister is the President of Macha Inc.
Official website here: www.macha.org
What is the revenue of Macha Inc?
Macha Inc's revenue in 2022 was $2,979,882.
Official website here: www.macha.org
Who are the executives of Macha Inc and what are their salaries?
The average compensation at Macha Inc during 2022 was $92,131. There are 13 employees at Macha Inc.
Here are 16 key members and their salaries:
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Official website here: www.macha.org
Where can I find the form 990 for Macha Inc?
Macha Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.macha.org
Learn more at the official website: www.macha.org
Mission Statement of Macha Inc
Macha Inc, a members-based organization, is committed to enhancing the comprehension and utilization of payment networks among payment professionals. To achieve this, Macha Inc provides education, operational support, and advocacy services. The organization's mission is to bridge the gap in understanding and application of payment networks, thereby empowering payment professionals to make informed decisions and improve their operations. By offering education, Macha Inc equips its members with the necessary knowledge to navigate the complex world of payment networks. Through operational support, the organization assists payment professionals in implementing and optimizing their payment network systems. Lastly, Macha Inc's advocacy efforts aim to influence policies and regulations that impact payment networks, thereby ensuring a favorable environment for its members.
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Impact
October, 2024
Macha Inc significantly enhances the landscape of payment networks through its dedicated efforts in education, operational support, and advocacy. By empowering payment professionals with the knowledge and tools necessary to navigate complex payment systems, Macha facilitates a deeper understanding of financial transactions and their underlying technologies.
This impact is particularly crucial in fostering a community of skilled professionals who can effectively implement and optimize payment processes, thereby contributing to overall economic efficiency and innovation. Macha's focus on advocacy ensures that the voices of payment professionals are heard, influencing policy and paving the way for improvements in the industry.
Through its commitment to education and support, Macha Inc not only elevates individual professionals but also strengthens the entire payment ecosystem, leading to enhanced community improvement and economic vitality in Hanover, MD, and beyond.
This information is meant to be a general summary of Macha 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.
- Investment Income: $48,374
- Program Service Revenue: $2,922,718
- Gross Receipts: $2,979,882
Assets and Liabilities:
- Total Assets: $6,550,728
- Total Liabilities: $745,104
- Net Assets: $5,805,624
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSMENTS
Revenue
$1,787,870
EDUCATIONAL INCOME
Revenue
$567,184
AUDIT INCOME
Revenue
$407,116
PUBLICATION INCOME
Revenue
$160,548
Organization Details
Founding Year
1975
Phone
(262) 345-1245Principal Officer
Mary Gilmeister
Main Address
1344 ASHTON ROAD STE 202, HANOVER, MD, 21076
Website
www.macha.orgNTEE Category
Code: S40 - Community improvement
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