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Madera Unified School District Financing Corporation

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

EIN: 770347419 ✦ Madera, CA ✦ Designated as a 501(c)(3)

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Overview

What is Madera Unified School District Financing Corporation?

Madera Unified School District Financing Corporation is a nonprofit organization, specifically established to provide financing for the construction of educational facilities. Based in Madera, California, this corporation plays a crucial role in facilitating the development of educational infrastructure within the district. Its mission is singularly focused on financing construction projects, thereby contributing to the expansion and improvement of educational facilities. This, in turn, supports the educational growth and development of the community.


Official website here: www.madera.k12.ca.us

Is Madera Unified School District Financing Corporation legitimate?

Madera Unified School District Financing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madera Unified School District Financing Corporation 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.madera.k12.ca.us

What is the mission statement of Madera Unified School District Financing Corporation?

The Madera Unified School District Financing Corporation's primary mission is to provide financing for the construction of educational facilities. This organization serves the purpose of aiding in the financing of school infrastructure projects. By doing so, it contributes to the development of appropriate learning environments for students and educators. This financing facilitates the construction of new educational facilities or the renovation of existing ones, ultimately enhancing the educational experience for the community.


Official website here: www.madera.k12.ca.us

Who is the CEO of Madera Unified School District Financing Corporation?

Lucy Salazar is the Board Member of Madera Unified School District Financing Corporation.


Official website here: www.madera.k12.ca.us

What is the revenue of Madera Unified School District Financing Corporation?

Madera Unified School District Financing Corporation's revenue in 2022 was $6,087,617.


Official website here: www.madera.k12.ca.us

Who are the executives of Madera Unified School District Financing Corporation and what are their salaries?


Here are 7 key members and their salaries:


Nadeem Ahmad (Board Member)
  • Compensation: $0
  • Related: $2,900
  • Other: $10,198
Ray Seibert (Board Member)
  • Compensation: $0
  • Related: $1,514
  • Other: $21,823
Ruben Mendoza (Board Member)
  • Compensation: $0
  • Related: $4,900
  • Other: $0
Joetta Fleak (Board Member)
  • Compensation: $0
  • Related: $4,900
  • Other: $0
Lucy Salazar (Board Member)
  • Compensation: $0
  • Related: $4,900
  • Other: $0
Israel Cortes (Board Member)
  • Compensation: $0
  • Related: $4,900
  • Other: $20,396
Todd Lile (Superintendent)
  • Compensation: $0
  • Related: $222,014
  • Other: $20,396


Official website here: www.madera.k12.ca.us

Where can I find the form 990 for Madera Unified School District Financing Corporation?

Madera Unified School District Financing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.madera.k12.ca.us

Learn more at the official website: www.madera.k12.ca.us

Mission Statement of Madera Unified School District Financing Corporation

Madera Unified School District Financing Corporation is an organization dedicated to funding the construction of educational facilities. Its primary mission is to provide financial support for the development and expansion of schools, ensuring that students have access to modern and conducive learning environments. By financing the construction of educational facilities, this corporation contributes significantly to the quality of education in the community, ultimately benefiting the students and the community at large.

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Impact




October, 2024

Madera Unified School District Financing Corporation significantly impacts the educational landscape by providing essential financing for the construction of educational facilities in Madera, California. This funding enables the development of modern classrooms, libraries, and recreational areas, ensuring that students have access to a conducive learning environment. By facilitating the building of necessary infrastructure, the corporation plays a crucial role in supporting the educational system and enhancing the overall quality of education within the community. Through its efforts, it aids in fostering an environment that promotes academic achievement and prepares students for future success.




This information is meant to be a general summary of Madera Unified School District Financing Corporation. 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
$6,087,617 (2022)
Expenses
$6,212,054 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $6,087,617
  • Gross Receipts: $6,087,617

Assets and Liabilities:

  • Total Assets: $726,120
  • Total Liabilities: $0
  • Net Assets: $726,120

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LEASE PAYMENTS FROM MA

Revenue

$6,087,617

Organization Details

Founding Year

1992

Principal Officer

Lucy Salazar

Main Address

1902 HOWARD ROAD, MADERA, CA, 93637

NTEE Category

Code: B112 - Education

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