Maldef Property Management Corp

Organization Overview

Maldef Property Management Corp is located in Los Angeles, CA. The organization was established in 1993. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, 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. Maldef Property Management Corp 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 04/2022, Maldef Property Management Corp generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $1.3m during the year ending 04/2022. While expenses have increased by 1.7% per year over the past 7 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 OWN AND OPERATE A NONPROFIT CENTER IN LOS ANGELES IN SUPPORT OF ITS SPONSORING ORGANIZATION, MEXICAN AMERICAN LEGAL DEFENSE AND EDUCATIONAL FUND (MALDEF), AND PRIMARILY IRC SECTION 501(C)(3) ORGANIZATIONS DEDICATED TO SERVING THE MINORITY COMMUNITIES WITHIN LOS ANGELES. SOME OF THE TENANTS ARE COMMERCIAL BUT MPMC IS NOT PROVIDING SERVICES AND SUCH RENTAL ACTIVITY IS EXCLUDED FROM UNRELATED TRADE OR BUSINESS INCOME AS SUBSTANTIALLY ALL OF THE PROPERTY'S USE IS DIRECTLY RELATED TO THE MPMC'S EXEMPT PURPOSE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OWNS AND OPERATES AN OFFICE BUILDING IN DOWNTOWN LOS ANGELES, CALIFORNIA, AND LEASES OFFICE SPACE TO ITS AFFILIATE, MEXICAN AMERICAN LEGAL DEFENSE AND EDUCATIONAL FUND, AND PRIMARILY OTHER IRC SECTION 501(C)(3) ORGANIZATIONS DEDICATED TO SERVING MINORITY COMMUNITIES WITHIN THE INNER CITY OF LOS ANGELES, FACILITATING AND ASSISTING THE PROGRAMS OF ITS TENANTS BY PROVIDING COMMON FACILITIES FOR THEIR USE, AND INVOLVING TENANTS IN A JOINT COUNCIL COORDINATING THEIR ACTIVITIES TO BEST SERVE THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Hector J Cuellar
Chair
$0
Carlos A Singer
Vice Chair
$0
Gloria Molina
Treasurer
$0
Norma Cantu
Secretary
$0
Thomas A Saenz
President & General Counsel
$0
Shelley Mallchok
Vice President Of Finance/cfo
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,032,232
Investment income $25
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $27,809
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 $1,060,066

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Maldef Property Management Corp has recieved totaling $5,000.

Awarding OrganizationAmount
Steve Perry Foundation

Woodland Hills, CA

PURPOSE: SOCIAL SERVICE

$5,000
View Grant Recipient Profile

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