Maita Carioca Inc
- Assets
- $29.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palmdale, CA
- Founding
- Data as of
- 12/2023
- EIN
- 87-1043955
Organization Overview
Maita Carioca Inc is located in Palmdale, CA. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maita Carioca 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 12/2023, Maita Carioca Inc generated $15.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (62.3%) each year. All expenses for the organization totaled $76.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN ORDER TO PROVIDE AFFORDABLE RENTALS FOR LOW AND VERY LOW-INCOME FAMILIES, AS DEFINED BY HUD STANDARDS, THE NONPROFIT WILL SECURE REAL ESTATE OR COMPLETE SITE IMPROVEMENTS. HOWEVER, THE CURRENT HOUSING MARKET AND DIFFICULTY FOR A NONPROFIT TO GET A MORTGAGE HAS MADE IT DIFFICULT TO OBTAIN A HUD HOME OR ONE SUITABLE FOR LOW OR VERY LOW-INCOME FAMILIES. THE DIRECTORS HAVE MET WITH WHOLESALERS, REALTORS, HOME INSPECTORS, HOUSING AUTHORITIES AND THE VA ASSOCIATION. THEY ARE LOOKING INTO THE POSSIBILITY OF VOUCHERS FOR VETERANS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Javier Alejandro Aste Vera President, VP | 10 | $0 | |
Manuel Sebastian Lopez Munoz Treasurer, Secretary | 5 | $0 | |
Andrea Beatriz Berti Abarca Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,010 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $580 |
| Occupancy, rent, utilities, and maintenance | $15,250 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,386 |
| Total expenses | $76,216 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,991 |
| Other assets | $0 |
| Total assets | $29,595 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,595 |