Mmac Community Support Foundation Inc

Organization Overview

Mmac Community Support Foundation Inc is located in Milwaukee, WI. The organization was established in 1996. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mmac Community Support Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Mmac Community Support Foundation Inc generated $960.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 35.4% each year . All expenses for the organization totaled $773.2k during the year ending 06/2022. While expenses have increased by 31.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT PROJECTS AND ACTIVITIES THAT BENEFIT THE GREATER MILWAUKEE AREA, WITH SPECIAL FOCUS ON EDUCATIONAL ATTAINMENT, WORKFORCE ENHANCEMENT AND ECONOMIC DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

COLLABORATIVE IS AN INTUITIVE TO IMPROVE HISPANIC VITALITY AND PROSPERITY BY INCREASING HISPANIC EMPLOYMENT LEVELS AND BUILDING ECONOMIC POWER THROUGH ENTREPRENEURIALISM AND INNOVATIONIN MILWAUKEE. THIS INITIATIVE WILL FOCUS ON STRATEGIES TO MOVE WORKING INDIVIDUALS INTO GREATER PAYING, MORE SKILLED POSITIONS; STRATEGIES TO LEVERAGE GROWTH AND STARTUP PROGRAMS, INCUBATORS, REGIONAL CLUSTERS, AND FINANCING OPTIONS TO INCREASE THE NUMBER OF HISPANIC OWNED BUSINESSES; AND INCREASE PARTICIPATION IN THE VOTING ELECTORATE, POSITIONS OF PUBLIC SERVICE AND POLICY INFLUENCE IS FAR BELOW THE LEVEL NECESSARY TO ENSURE THAT OUR VIEWPOINTS ARE HEARD AND INCORPORATED INTO ACTIONS THAT HAVE A DIRECT IMPACT.


REBUILD AND REVITALIZE - THIS PROGRAM WAS THE MILWAUKEE BUSINESS COMMUNITY'S RESPONSE TO PROPERTY DAMAGE THAT OCCURRED DURING THE SOCIAL JUSTICE PROTESTS THAT OCCURRED IN 2020. BUSINESS WHOSE PROPERTY WAS DAMAGED RECEIVED GRANTS TO REPAIR PROPERTY AND/OR REPLACE INVENTORY. THE INITIATIVE ALSO ASSISTED BUSINESSES THAT MAY NOT HAVE BEEN DIRECTLY AFFECTED BUT WERE LOCATED IN IMPACTED AREAS.


TEALS PROGRAM - THIS IS A PROGRAM SUPPORTED BY ARGOSY FOUNDATION IN CONJUNCTION WITH THE MICROSOFT FOUNDATION WHERE CODING AND STEM CURRICULUMS ARE BROUGHT INTO AREA HIGH SCHOOLS AND TAUGHT BY SUBJECT MATTER PROFESSIONALS, EMPLOYED IN LOCAL COMPANIES, WHO VOLUNTEER THEIR TIME AND EXPERTISE IN THE CLASSROOM.


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Board, Officers & Key Employees

Name (title)Compensation
Ulice Payne Jr
President
$0
Austin Ramirez
Vice President
$0
Julie Granger
Treasurer/secretary
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$959,509
Investment income $973
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $960,482

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