Maestro Community Development is a private foundation focused on Housing & Shelter, based in LONG BRANCH, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it made $46K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
+1.9% YoY
Revenue
$133K
-24.2% YoY
Qualifying Distributions
$46K
-54.5% YoY
Expenses
$81K
-20.5% YoY
Under IRS private-foundation payout rules, Maestro Community Development reported a distributable amount of $94K for 2024 — the minimum it must pay out in qualifying distributions.
About Maestro Community Development
Based on IRS filings
Maestro Community Development is a private foundation focused on Housing & Shelter, based in LONG BRANCH, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it made $46K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,230,773 | $2,188,337 | $2,132,682 |
| Revenue | $132,563 | $174,781 | $392,284 |
| Expenses | $80,578 | $101,339 | $126,327 |
| Qualifying Distributions | $46,087 | $101,339 | $126,327 |
| Net Investment Income | — | — | — |
| Distributable Amount | $94,269 | $92,500 | $86,440 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD COVIN | PRESIDENT | — | — |
| DR ROSE JOYCE | VICE PRESIDE | — | — |
| JOAN MINOR | SECRETARY | — | — |
| TIFFANY TOWLER | BOARD MEMBER | — | — |
| JENNIFER CABRAL | BOARD MEMBER | — | — |
| MURALI GOBOORI | BOARD MEMBER | — | — |
| MILTON MORRIS | BOARD MEMBER | — | — |
| AMPARO E PLAZA | BOARD MEMBER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Maestro Community Development?
Maestro Community Development is a private foundation focused on Housing & Shelter, based in LONG BRANCH, NJ. It holds $2.2M in total assets as of 2024.
How large is Maestro Community Development?
As of 2024, Maestro Community Development holds $2.2M in total assets with $133K in annual revenue.
How much is Maestro Community Development required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Maestro Community Development reported a distributable amount of $94K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Maestro Community Development's EIN?
Maestro Community Development's EIN (Employer Identification Number) is 27-0046804. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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