Overview
What is Maxcen Housing Society Puerto Rico Branch Inc?
Maxcen Housing Society Puerto Rico Branch Inc is a nonprofit organization located in San Juan, Puerto Rico. Their primary mission is to provide housing assistance, focusing on supporting low-income families and individuals. They receive and administer funds exclusively for educational and charitable purposes without monetary gain, aiming to promote affordable rental and homeownership opportunities. Their initiatives include offering free online and formal tutoring in housing development and education services, as well as programs for youth, adult financial literacy, people with disabilities, home buyer education, and job training. Additionally, they work towards repairing substandard homes and helping families qualify for and obtain affordable mortgages, thereby building assets.
Official website here: www.maxcen.org
Is Maxcen Housing Society Puerto Rico Branch Inc legitimate?
Maxcen Housing Society Puerto Rico Branch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maxcen Housing Society Puerto Rico Branch 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: $7,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.maxcen.org
What is the mission statement of Maxcen Housing Society Puerto Rico Branch Inc?
The Maxcen Housing Society Inc., in its Puerto Rico branch, is committed to providing housing assistance. Their mission involves administering funds exclusively for educational and charitable purposes, without any financial gain for its members. They offer both online and formal tutoring on housing development and education services. The primary objective of the society is to create affordable rental and homeownership opportunities. Furthermore, they provide programming related to youth, financial literacy for adults, and services for people with disabilities. This includes home buyer education, counseling, entrepreneurship training, and job opportunities for low-income families. Their efforts aim to help these families qualify for affordable mortgages, build assets, and improve substandard homes.
Official website here: www.maxcen.org
Who is the CEO of Maxcen Housing Society Puerto Rico Branch Inc?
Jean Maxcene Decarde is the Principal Officer of Maxcen Housing Society Puerto Rico Branch Inc. The CEO's salary of Maxcen Housing Society Puerto Rico Branch Inc is $7,000 and their total compensation is $14,000.
Official website here: www.maxcen.org
What is the revenue of Maxcen Housing Society Puerto Rico Branch Inc?
Maxcen Housing Society Puerto Rico Branch Inc's revenue in 2022 was $91,768.
Official website here: www.maxcen.org
Who are the executives of Maxcen Housing Society Puerto Rico Branch Inc and what are their salaries?
There 27 volunteers at Maxcen Housing Society Puerto Rico Branch Inc.
There is 1 key member and their salary:
- Compensation: $7,000
- Related: $0
- Other: $7,000
Official website here: www.maxcen.org
Where can I find the form 990 for Maxcen Housing Society Puerto Rico Branch Inc?
Maxcen Housing Society Puerto Rico Branch Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maxcen.org
Learn more at the official website: www.maxcen.org
Mission Statement of Maxcen Housing Society Puerto Rico Branch Inc
Maxcen Housing Society Puerto Rico Branch, a non-profit organization, is dedicated to offering assistance in the realm of housing and education. Their mission is multifaceted, aiming to provide free online and formal tutoring on housing development and education services. This tutoring is designed to empower individuals and families, equipping them with the necessary knowledge to navigate the housing sector.
Beyond education, Maxcen Housing Society Puerto Rico Branch is committed to creating affordable rental and homeownership opportunities. They strive to make housing accessible to low-income families and individuals, helping them to qualify for and obtain mortgages, build assets, and repair substandard homes. Moreover, the organization focuses on various programming areas, including youth financial literacy, adult financial literacy for people with disabilities, home buyer education and counseling, and entrepreneurship and job training. These initiatives aim to equip families with the skills needed to manage their finances effectively and to pursue opportunities for self-sufficiency and economic growth.
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Impact
October, 2024
Maxcen Housing Society Puerto Rico Branch Inc significantly enhances the lives of low-income families and individuals by addressing critical housing and educational needs. By facilitating free online and formal tutoring on housing development, the organization empowers individuals with the knowledge and skills needed to navigate the complexities of housing assistance and ownership.
The Society plays a pivotal role in creating affordable rental and homeownership opportunities, focusing on those who may struggle to access traditional financing options. Through its comprehensive programs, it equips participants with vital financial literacy training and essential home buyer education, preparing them to make informed decisions about their living situations.
Moreover, Maxcen Housing Society actively promotes the development and maintenance of affordable housing, striving to improve substandard living conditions and foster community well-being. It also provides resources for entrepreneurship and job training, addressing broader economic challenges faced by low-income families.
The organization’s commitment extends to individuals with disabilities, ensuring inclusive access to its services and support. Overall, Maxcen Housing Society Puerto Rico Branch Inc fosters empowerment, stability, and resilience among vulnerable populations, significantly impacting the landscape of affordable housing and economic opportunity in the region.
This information is meant to be a general summary of Maxcen Housing Society Puerto Rico Branch 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: $91,768
Assets and Liabilities:
- Total Assets: $91,768
- Total Liabilities: $79,080
- Net Assets: $12,688
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Organization Details
Founding Year
2017
Phone
(888) 959-4159Principal Officer
Jean Maxcene Decarde
Main Address
220 Calle Manuel Domenech Suite 616, San Juan, PR, 00918
Website
www.maxcen.orgNTEE Category
Code: L40 - Housing
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