MNC 1240 Valencia Inc
Donations deductibleRevenue
$387k
year to 30 June 2025
Expenses
$669k
year to 30 June 2025
Total assets
$17.9m
$18.2m liabilities
Net assets
Minus $251k
assets less liabilities
Directors and trustees
5
5.2y av
Staff
0
employees, year to 30 June 2025
Left since last filing
0
no seats appear to have opened
Officers and senior staff
1
named in Part VII
MNC 1240 Valencia Inc's network
5 people3 organisationsi5 people and 3 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (3) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Adela SIC Hernandez | Director | 2021 | 5 yrs |
| Erich Schulz | Company secretary | 2022 | 4 yrs |
| Jose A Rodriguez | Board President | 2021 | 5 yrs |
| Karen Santos Mayen | Director | 2021 | 5 yrs |
| Sebastian Alioto | Treasurer | 2021 | 5 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Santiago Ruiz | Executive Dir. | since 2021 |
Pay and hours
year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Sebastian Alioto | Treasurer | 0 | $0 | $243k | $46k |
| Jose A Rodriguez | Board President | 0 | $0 | $129k | $5k |
| Santiago Ruiz | Executive Dir. | 0 | $0 | $52k | |
| Erich Schulz | Secretary | 0 | $0 | ||
| Adela Sic Hernandez | Director | 0 | $0 | ||
| Karen Santos Mayen | Director | 0 | $0 |
About
- Legal name
- MNC 1240 Valencia Inc
- EIN
- 853358007
- Address
- 362 Capp St, San Francisco, CA, 94110-1808
- State
- California
- Mission
- The purpose of the Corporation is to hold the leasehold intererst in the property located at 1240 Valencia Street, SAn francisco, CA 94102 which is leased to MNC. (as filed on the Form 990)
- Activity (NTEE)
- O99 Youth development
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Youth Development
- Size band
- 8 (IRS master file code)
- Formed
- 2020
- Principal officer
- Beiling Gonzalez (as named on the Form 990)
- IRS ruling date
- 1 May 2021
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 3, latest 2023
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥5years on the filingsAdela SIC Hernandez
≥5years on the filingsJose A Rodriguez
≥5years on the filingsKaren Santos Mayen
≥5years on the filingsSebastian Alioto
Latest return
year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.- Total assets
- $17.9m
- Total liabilities
- $18.2m
- Net assets or fund balances
- Minus $251k
- Contributions and grants received
- $0
- Program service revenue
- $363k
- Employees
- 0