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Maof Properties Inc

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

EIN: 954501175 ✦ Montebello, CA ✦ Designated as a 501(c)(3)

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Overview

What is Maof Properties Inc?

Maof Properties Inc, located in Montebello, California, is a nonprofit organization that aligns with the Mexican American Opportunity Foundation's mission. Their primary focus is on offering vocational training in retail store management and operations to low-income individuals. This initiative is part of their commitment to improving the socio-economic well-being of the greater Latino community in California, while preserving the cultural pride, values, and heritage of the Mexican American community.

Is Maof Properties Inc legitimate?

Maof Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maof Properties 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: $25,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Maof Properties Inc?

Maof Properties Inc supports the mission of the Mexican American Opportunity Foundation, which aims to enhance the socio-economic status of the larger Latino community in California while preserving their pride, values, and heritage. The organization provides vocational training in the field of retail store management and operations for low-income individuals. This training is part of their broader mission to contribute to the socio-economic betterment of the Latino community.

What is the revenue of Maof Properties Inc?

Maof Properties Inc's revenue in 2023 was $647,040.

Who are the executives of Maof Properties Inc and what are their salaries?

Here are 5 key members and their salaries:


Alex Nogales (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Castro (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Javier Martinez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moctesuma Esparza (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Penichet (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Maof Properties Inc?

Maof Properties Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Maof Properties Inc

Maof Properties Inc, as a supporting organization, is committed to the mission of the Mexican American Opportunity Foundation. This mission aims to foster socio-economic improvement within the greater Latinx community of California, while preserving the pride, values, and heritage of the Mexican American culture. To achieve this goal, Maof Properties Inc provides vocational training in the field of retail store management and operations for individuals with low income. By offering this training, the organization contributes to the economic empowerment of the Latinx community, aligning with the broader mission of the Mexican American Opportunity Foundation.

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Impact




October, 2024

Maof Properties Inc plays a significant role in enhancing the socio-economic status of the greater Latino community in California, particularly through its support of vocational training programs. By focusing on management and operations of retail stores, the organization equips low-income individuals with essential skills that can lead to stable employment opportunities. This not only helps individuals achieve personal financial stability but also contributes to the overall economic development of the community.

Furthermore, Maof Properties Inc is dedicated to preserving the pride, values, and heritage of Mexican American culture, fostering a sense of identity and belonging among community members. Through its initiatives, the organization enhances the quality of life for many families, ultimately promoting a stronger, more resilient community. The combination of vocational training and cultural preservation makes Maof Properties Inc a vital asset in addressing the needs and aspirations of the Latino population in California.




This information is meant to be a general summary of Maof Properties 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.

Revenue
$647,040 (2023)
Expenses
$212,605 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $43,721
  • Gross Receipts: $1,251,571

Assets and Liabilities:

  • Total Assets: $7,134,475
  • Total Liabilities: $533,578
  • Net Assets: $6,600,897

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$43,721

Organization Details

Founding Year

2004

Principal Officer

Alex Nogales

NTEE Category

Code: L25 - Housing

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