Overview
What is Maef Real Estate Holdings Inc?
Maef Real Estate Holdings Inc, based in Mobile, Alabama, is a nonprofit organization with a mission to support public education through real estate management. Specifically, they work with Alabama public charter schools established under the Alabama School Choice and Student Opportunity Act. Their role involves creating, managing, operating, guiding, and promoting real estate for these schools to ensure the provision of quality education for Alabama's citizens. The organization is open to conducting future activities that align with its objectives and has the legal authority to operate as a nonprofit corporation in Alabama.
Is Maef Real Estate Holdings Inc legitimate?
Maef Real Estate Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maef Real Estate Holdings 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:
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What is the mission statement of Maef Real Estate Holdings Inc?
Maef Real Estate Holdings Inc's mission is centered around supporting public education for the citizens of Alabama. They aim to create, manage, operate, guide, and direct real estate for one or more Alabama public charter schools established under the Alabama School Choice and Student Opportunity Act. The organization also intends to conduct future activities as circumstances suggest, consistent with these purposes, and to engage in any lawful business activities that nonprofit corporations can undertake under Alabama state laws. Their primary goal is to contribute to the realm of public education through real estate management.
Who is the CEO of Maef Real Estate Holdings Inc?
Jordan Jones is the Chairman of Maef Real Estate Holdings Inc.
What is the revenue of Maef Real Estate Holdings Inc?
Maef Real Estate Holdings Inc's revenue in 2022 was $748,073.
Who are the executives of Maef Real Estate Holdings Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Maef Real Estate Holdings Inc?
Maef Real Estate Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maef Real Estate Holdings Inc
Maef Real Estate Holdings Inc, as a nonprofit corporation, is committed to supporting public education in Alabama by creating, managing, operating, guiding, directing, and promoting real estate for one or more Alabama public charter schools established under the Alabama School Choice and Student Opportunity Act. Their mission is to cater to the needs of the citizens of Alabama by conducting future activities as circumstances necessitate, all in line with their primary purpose. Furthermore, Maef Real Estate Holdings Inc has the authority to engage in any lawful business activities that nonprofit corporations can legally incorporate under the laws of Alabama.
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Impact
October, 2024
Maef Real Estate Holdings Inc significantly influences public education in Alabama by focusing on the real estate needs of public charter schools. By creating, managing, and promoting properties specifically for these educational institutions, the organization plays a vital role in ensuring schools have the infrastructure necessary to operate effectively. This support aligns with the Alabama School Choice and Student Opportunity Act, which aims to enhance educational options within the state.
Through its initiatives, Maef Real Estate Holdings Inc fosters community improvement by providing accessible learning environments that benefit students and families. The organization's efforts not only contribute to the growth of charter schools but also support local economies and empower communities by enhancing educational facilities. By engaging in lawful business operations that meet the evolving requirements of public education, Maef Real Estate Holdings Inc reinforces its commitment to enhancing educational opportunities for the citizens of Alabama.
This information is meant to be a general summary of Maef Real Estate Holdings 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: $748,073
Assets and Liabilities:
- Total Assets: $4,163,405
- Total Liabilities: $3,412,806
- Net Assets: $750,599
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Organization Details
Principal Officer
Jordan Jones
Main Address
3725 AIRPORT BLVD/STE 161, MOBILE, AL, 36608
NTEE Category
Code: S47 - Community improvement
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