Overview
What is Maldef Property Management Corp?
Maldef Property Management Corp is a nonprofit organization situated in Downtown Los Angeles, California. Its primary function involves owning and operating an office building, which it leases to various IRC Section 501(c)(3) organizations, primarily those dedicated to serving minority communities within the inner city of Los Angeles. By providing shared facilities and encouraging coordination among tenants, Maldef Property Management Corp supports and assists these nonprofits in their missions. The organization's activities are closely related to its exempt purpose, largely in support of its sponsor, the Mexican American Legal Defense and Educational Fund (MALDEF).
Official website here: www.maldef.org
Is Maldef Property Management Corp legitimate?
Maldef Property Management Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maldef Property Management Corp 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: $392,280
For more financial information, click here
Official website here: www.maldef.org
What is the mission statement of Maldef Property Management Corp?
Maldef Property Management Corp's mission is centered around owning and operating a nonprofit center, primarily for organizations under IRC Section 501(C)(3), which serve minority communities in Los Angeles. The organization aims to support its sponsoring organization, Mexican American Legal Defense and Educational Fund (MALDEF), by providing a rental center. Maldef Property Management Corp facilitates and assists the programs of its tenants by offering common facilities for their use. The organization also encourages collaboration among its tenants through a joint council, aiming to collectively serve the community better.
Official website here: www.maldef.org
Who is the CEO of Maldef Property Management Corp?
Thomas A Saenz is the President & General Counsel of Maldef Property Management Corp.
Official website here: www.maldef.org
What is the revenue of Maldef Property Management Corp?
Maldef Property Management Corp's revenue in 2022 was $1,060,066.
Official website here: www.maldef.org
Who are the executives of Maldef Property Management Corp and what are their salaries?
There 13 volunteers at Maldef Property Management Corp.
Here are 15 key members and their salaries:
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- Related: $373,843
- Other: $48,345
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Official website here: www.maldef.org
Where can I find the form 990 for Maldef Property Management Corp?
Maldef Property Management Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maldef.org
Learn more at the official website: www.maldef.org
Mission Statement of Maldef Property Management Corp
Maldef Property Management Corp, a nonprofit organization, is dedicated to supporting its sponsoring organization, Mexican American Legal Defense and Educational Fund (MALDEF), and other IRC Section 501(c)(3) organizations serving minority communities within Los Angeles. The mission of Maldef Property Management Corp is to own and operate a rental center in Los Angeles, providing a space primarily for these organizations. By doing so, the organization facilitates and assists the programs of its tenants, offering common facilities for their use and encouraging collaboration among them through a joint council. This collective effort aims to best serve the community by addressing the needs of minority communities within Los Angeles.
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Impact
October, 2024
Maldef Property Management Corp significantly impacts the Los Angeles community by providing essential office space and support for organizations that focus on serving minority communities. By owning and operating a dedicated center in downtown Los Angeles, it plays a crucial role in fostering collaboration among its tenants, particularly those affiliated with the Mexican American Legal Defense and Educational Fund (MALDEF) and other IRC Section 501(c)(3) organizations.
The center serves as a hub for these organizations, facilitating their programs and services aimed at improving the lives of community members. By offering common facilities and encouraging a joint council among tenants, Maldef Property Management Corp enhances the effectiveness of their collective efforts to address the challenges faced by minority populations in the area.
Its commitment to community improvement not only provides practical resources but also strengthens the network of organizations dedicated to advocating for social justice, education, and legal rights. The presence of such a center helps empower these organizations to better serve and uplift the communities they represent.
This information is meant to be a general summary of Maldef Property Management Corp. 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: $25
- Program Service Revenue: $1,032,232
- Gross Receipts: $1,219,534
Assets and Liabilities:
- Total Assets: $4,755,140
- Total Liabilities: $2,379,692
- Net Assets: $2,375,448
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS RENTS
Revenue
$1,032,232
Organization Details
Founding Year
1991
Phone
(213) 629-2512Principal Officer
Thomas A Saenz
Main Address
634 S SPRING STREET, LOS ANGELES, CA, 90014
Website
www.maldef.orgNTEE Category
Code: S500 - Community improvement
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