Nonprofit · EIN 22-3264488
MAAC ASSET CORPORATION
Tax-exempt · EDISON, NJ 08837
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $47,000 | $27,880 | $19,120 | $817,239 | $72,311 | $744,928 |
| June 30, 2024 | 990 | $47,000 | $27,880 | $19,120 | $845,119 | $119,311 | $725,808 |
| June 30, 2023 | 990 | $47,000 | $28,343 | $18,657 | $873,000 | $166,312 | $706,688 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $47,000
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $27,880
Balance sheet and other
- Total assets, start of year
- $845,119
- Total assets, end of year
- $817,239
- Total liabilities, end of year
- $72,311
- Net assets, end of year
- $744,928
- Land, buildings and equipment
- $814,489
- Net assets without donor restrictions
- $744,928
- Gross receipts
- $47,000
- Employees
- 0
- Volunteers
- 13
- Year formed
- 1993
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TRAVIS TELLITOCCI | Secretary/Treasurer Officer | 2 | $0 | $339,550 | $73,732 |
| Judy Olian Quinnipiac | President, Board Member Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Dr Mark Nemec Fairfield | VICE PRESIDENT, BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Dr Seamus Carey Iona | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Eugene Cornacchia St Peter's | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Gregory Dell'Omo Rider | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Rev James Maher Niagara | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Frederick BonatoManhattan | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Charles Seifert Siena | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Steve Stoute Canisius | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Gerard Joyce Mount St Mary | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Kevin Weinman Marist | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr John Petillo Sacred Heart | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Chistopher Hopey Merrimack | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TRAVIS TELLITOCCI | Secretary/Treasurer Officer | 2 | $0 | $199,000 | $42,308 |
| RICHARD ENSOR | FORMER SECY/TREA Former | 0 | $0 | $183,036 | $17,079 |
| JESSICA GRASSO | DEPUTY COMM. (thru 5/31/2024) Officer | 2 | $0 | $109,636 | $55,613 |
| Judy Olian Quinnipiac | President, Board Member Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Dr Mark Nemec Fairfield | VICE PRESIDENT, BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Dr Seamus Carey Iona | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Eugene Cornacchia St Peter's | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Gregory Dell'Omo Rider | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Rev James Maher Niagara | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Milo Riverso Manhattan | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Charles Seifert Siena | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Steve Stoute Canisius | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Timothy Trainor Mount St Mary | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Kevin Weinman Marist | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Richard Ensor | Secretary/Treasurer Officer | 2 | $0 | $344,487 | $69,277 |
| JESSICA GRASSO | DEPUTY COMMISSIONER Officer | 2 | $0 | $108,675 | $54,498 |
| Rev James Maher Niagara | President, Board Member Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Judy Olian Quinnipiac | Vice President, Board Member Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Dr Steve Stoute Canisius | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Mark Nemec Fairfield | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Seamus Carey Iona | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Daniel Gardner Manhattan | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Kevin Weinman Marist | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Timothy Trainor Mount St Mary | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Eugene Cornacchia St Peter's | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Christopher Gibson Siena | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| Dr Gregory Dell'Omo Rider | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TRAVIS TELLITOCCI | Secretary/Treasurer Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 712 AMBOY AVE, EDISON, NJ 08837-3554
- In care of
- % TRAVIS TELLITOCCI
- Principal officer (990 for 2024)
- TRAVIS TELLITOCCI, 712 AMBOY AVENUE, EDISON, NJ 088373554
- Signed the 990
- TRAVIS TELLITOCCI, SECRETARY-TREASURER
- Phone
- (732) 738-5455
- Return prepared by
- WithumSmithBrown PC
Mission
TO HOLD LEGAL TITLE TO PROPERTY, REAL, PERSONAL OR MIXED, WHICH SHALL BE ACQUIRED BY THIS ORGANIZATION, TO MAINTAIN AND MANAGE SAME, FOR THE USE AND BENEFIT TO THE METRO ATLANTIC ATHLETIC CONFERENCE.
Program accomplishments
- Holds title to and operates real property for the benefit and use of the Metro Atlantic athletic Conference, Inc., the organizations affiliate.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3264488
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 1994
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $817,239
- Income (IRS master file)
- $47,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $47,000 | $27,880 | $817,239 | IRS |
| 990 | June 2024 | $47,000 | $27,880 | $845,119 | IRS |
| 990 | June 2023 | $47,000 | $28,343 | $873,000 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3264488).
Questions about MAAC ASSET CORPORATION
- What is the EIN of MAAC ASSET CORPORATION?
- The employer identification number (EIN) of MAAC ASSET CORPORATION is 22-3264488.
- Is MAAC ASSET CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1994.
- Are donations to MAAC ASSET CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MAAC ASSET CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MAAC ASSET CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAAC ASSET CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MAAC ASSET CORPORATION?
- The 990 for the year ended June 30, 2025 names TRAVIS TELLITOCCI.
- Who are the officers and directors of MAAC ASSET CORPORATION?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does MAAC ASSET CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $47,000, expenses of $27,880 and total assets of $817,239 at year end.
Other nonprofits in EDISON
- HACKENSACK MERIDIAN HEALTH INC EIN 01-0649794 · last filed 990 for 2024
- MUSCULOSKELETAL TRANSPLANT FOUNDATION INC EIN 22-2803458 · last filed 990 for 2024
- NEW YORK SHIPPING ASSOCIATION INC EIN 13-5637319 · last filed 990 for 2025
- LEGAL SERVICES OF NEW JERSEY INC EIN 22-2059939 · last filed 990 for 2024
- NEW JERSEY INSTITUTE FOR DISABILITIES INC EIN 22-1554528 · last filed 990 for 2025
- THE WARDLAW HARTRIDGE SCHOOL EIN 22-2109610 · last filed 990 for 2025
- METRO ATLANTIC ATHLETIC CONFERENCE EIN 13-3117436 · last filed 990 for 2025
- FRIENDS OF TEL-AVIV SOURASKY MEDICAL CENTER INC EIN 13-3310053 · last filed 990 for 2024