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Nonprofit · EIN 86-2302574

MAEF REAL ESTATE HOLDINGS INC

Tax-exempt · MOBILE, AL 36608

Financials

$186K$179K2022$241K$408K2023$0$645K2024
Revenue Expenses · by fiscal year end
Financials of MAEF REAL ESTATE HOLDINGS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$0$644,899-$644,899$3,640,338$3,694,471-$54,133
September 30, 2024990$241,287$408,261-$166,974$3,936,338$3,345,572$590,766
September 30, 2023990$186,035$178,894$7,141$4,162,911$3,405,171$757,740
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$267,325
Program services (functional)
$644,899

Balance sheet and other

Total assets, start of year
$3,936,338
Total assets, end of year
$3,640,338
Total liabilities, end of year
$3,694,471
Net assets, end of year
-$54,133
Land, buildings and equipment
$3,636,977
Net assets without donor restrictions
-$54,133
Gross receipts
$0
Employees
0

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JORDAN JONESCHAIRMAN
Trustee or director, Officer
–$0
ROBERT MCGINLEY JRSECRETARY
Trustee or director, Officer
–$0
DR JEREMIAH NEWELLEXECUTIVE DI
Trustee or director
–$0
MARK SPIVEYTREASURER
Trustee or director, Officer
–$0
990 for the year ended September 30, 2024: 5 people
NameTitleHours / weekCompensation
JORDAN JONESCHAIRMAN
Trustee or director, Officer
–$0
ROBERT MCGINLEY JRSECRETARY
Trustee or director, Officer
–$0
DR JEREMIAH NEWELLEXECUTIVE DI
Trustee or director
–$0
RICHARD PERRYVICE CHAIRMA
Trustee or director, Officer
–$0
MARK SPIVEYTREASURER
Trustee or director, Officer
–$0
990 for the year ended September 30, 2023: 5 people
NameTitleHours / weekCompensation
JORDAN JONESCHAIRMAN
Trustee or director, Officer
–$0
ROBERT MCGINLEY JRSECRETARY
Trustee or director, Officer
–$0
DR JEREMIAH NEWELLEXECUTIVE DI
Trustee or director
–$0
RICHARD PERRYVICE CHAIRMA
Trustee or director, Officer
–$0
MARK SPIVEYTREASURER
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
3725 AIRPORT BLVD/STE 161, MOBILE, AL 36608-0000
In care of
% MICHELLE PARSON
Principal officer (990 for 2024)
JORDAN JONES, 118 NORTH ROYAL STREET SUITE 705, MOBILE, AL 36602
Signed the 990
JORDAN JONES, CHAIRMAN
Return prepared by
AVIZO GROUP INC

Mission

TO CREATE, MANAGE, OPERATE, GUIDE, DIRECT, AND PROMOTE REAL ESTATE FOR ONE OR MORE ALABAMA PUBLIC CHARTER SCHOOLS CREATED PURSUANT TO THE ALABAMA SCHOOL CHOICE AND STUDENT OPPORTUNITY ACT TO SUPPORT PUBLIC EDUCATION FOR THE CITIZENS OF ALABAMA. TO CONDUCT FUTURE ACTIVITIES AS CIRCUMSTANCES MAY SUGGEST CONSISTENT WITH AFORSAID PURPOSES AND FURTHER, AND TO TRANSACT ANY AND ALL LAWFUL BUSINESS FOR WHICH NONPROFIT CORPORATIONS MAY BE INCORPARATED UNDER THE LAWS OF THE STATE OF ALABAMA.

990 for the year ended September 30, 2025

Program accomplishments

  • TO CREATE, MANAGE, OPERATE, GUIDE, DIRECT, AND PROMOTE REAL ESTATE FOR ONE OR MORE ALABAMA PUBLIC CHARTER SCHOOLS CREATED PURSUANT TO THE ALABAMA SCHOOL CHOICE AND STUDENT OPPORTUNITY ACT TO SUPPORT PUBLIC EDUCATION FOR THE CITIZENS OF ALABAMA.
    Expenses $644,899

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
86-2302574
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2022
Accounting year ends
September
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$3,640,338

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$0$644,899$3,640,338XML
990September 2024$241,287$408,261$3,936,338XML
990September 2023$186,035$178,894$4,162,911XML
990September 2022$748,073$6,714$4,163,405IRS
990September 2021–––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 86-2302574).

Questions about MAEF REAL ESTATE HOLDINGS INC

What is the EIN of MAEF REAL ESTATE HOLDINGS INC?
The employer identification number (EIN) of MAEF REAL ESTATE HOLDINGS INC is 86-2302574.
Is MAEF REAL ESTATE HOLDINGS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to MAEF REAL ESTATE HOLDINGS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does MAEF REAL ESTATE HOLDINGS INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MAEF REAL ESTATE HOLDINGS INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAEF REAL ESTATE HOLDINGS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of MAEF REAL ESTATE HOLDINGS INC?
The 990 for the year ended September 30, 2025 names JORDAN JONES.
Who are the officers and directors of MAEF REAL ESTATE HOLDINGS INC?
The 990 for the year ended September 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does MAEF REAL ESTATE HOLDINGS INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $0, expenses of $644,899 and total assets of $3,640,338 at year end.

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