Nonprofit · EIN 45-3706112
MAESTRO CARES FOUNDATION
Also known as MAESTRO CARES
Tax-exempt · CHICAGO, IL 60642
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $10,087,332 | $5,601,170 | $4,486,162 | $16,301,212 | $1,664,643 | $14,636,569 |
| December 31, 2023 | 990 | $5,983,163 | $5,252,951 | $730,212 | $11,982,389 | $2,438,041 | $9,544,348 |
| December 31, 2022 | 990 | $7,139,999 | $4,405,967 | $2,734,032 | $10,258,565 | $1,802,878 | $8,455,687 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,126,960
- Program service revenue
- $0
- Investment income
- $170,990
- Net gain from sales of assets
- $44,173
- Net income from fundraising events
- -$213,702
- Other revenue
- -$210,618
Expenses
- Grants and similar amounts paid
- $2,069,042
- Other salaries and wages
- $811,668
- Salaries, compensation and benefits (total)
- $949,395
- Professional fundraising fees
- $0
- Legal fees
- $6,572
- Accounting fees
- $8,691
- Occupancy
- $192,016
- Depreciation
- $10,966
- Program services (functional)
- $4,028,877
- Management and general (functional)
- $848,641
- Fundraising (functional)
- $723,652
Balance sheet and other
- Total assets, start of year
- $11,982,389
- Total assets, end of year
- $16,301,212
- Total liabilities, end of year
- $1,664,643
- Net assets, end of year
- $14,636,569
- Land, buildings and equipment
- $27,496
- Publicly traded securities
- $7,244,490
- Net assets without donor restrictions
- $14,636,569
- Gross receipts
- $16,041,208
- Employees
- 17
- Volunteers
- 7
- Year formed
- 2011
- State of legal domicile
- IL
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ZAYDA CARDENAS | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $157,731 |
| HENRY CARDENAS | CHAIRMAN Trustee or director, Officer | 20 | $0 |
| MARCO ANTONIO MUNIZ | VICE CHAIRMAN Trustee or director, Officer | 10 | $0 |
| ELENA SOTOMAYOR | SECRETARY Trustee or director, Officer | 10 | $0 |
| PETER AMARO | TREASURER Trustee or director, Officer | 10 | $0 |
| FELIPE PIMENTO | DIRECTOR Trustee or director | 2 | $0 |
| BIGRAM ZAYAS | DIRECTOR Trustee or director | 2 | $0 |
| AMALIA GOMEZ-MICONE | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ZAYDA CARDENAS | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $141,612 |
| HENRY CARDENAS | CHAIRMAN Trustee or director, Officer | 20 | $0 |
| MARCO ANTONIO MUNIZ | VICE CHAIRMAN Trustee or director, Officer | 10 | $0 |
| ELENA SOTOMAYOR | SECRETARY Trustee or director, Officer | 10 | $0 |
| PETER AMARO | TREASURER Trustee or director, Officer | 10 | $0 |
| FELIPE PIMENTO | DIRECTOR Trustee or director | 2 | $0 |
| BIGRAM ZAYAS | DIRECTOR Trustee or director | 2 | $0 |
| ROBERT UNANUE | DIRECTOR Trustee or director | 2 | $0 |
| AMALIA GOMEZ-MICONE | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2022: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ZAYDY CARDENAS | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $135,857 |
| HENRY CARDENAS | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| MARCO ANTONIO MUNIZ | VICE CHAIRMAN Trustee or director, Officer | 2.5 | $0 |
| ELENA SOTOMAYOR | SECRETARY Trustee or director, Officer | 2.5 | $0 |
| PETER AMARO | TREASURER Trustee or director, Officer | 2.5 | $0 |
| FELIPE PIMENTO | DIRECTOR Trustee or director | 0.5 | $0 |
| BIGRAM ZAYAS | DIRECTOR Trustee or director | 0.5 | $0 |
| ROBERT UNANUE | DIRECTOR Trustee or director | 0.5 | $0 |
| AMALIA GOMEZ-MICONE | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1459 W HUBBARD ST, CHICAGO, IL 60642-6343
- In care of
- % SAMUEL RUBIO
- Principal officer (990 for 2024)
- HENRY CARDENAS, 1459 W HUBBARD ST, CHICAGO, IL 60642
- Signed the 990
- PETER AMARO, TREASURER
- Phone
- (312) 980-7788
- Website
- WWW.MAESTROCARES.ORG
- Return prepared by
- CHERYL ROHLFS & ASSOCIATES LTD
Mission
MAESTRO CARES FOUNDATION IMPROVES THE QUALITY OF LIFE OF DISADVANTAGED CHILDREN AND COMMUNITIES IN LATIN AMERICA AND THE UNITED STATES. WE DO SO BY PROVIDING HOUSING, EDUCATIONAL PROGRAMMING AND THE ESSENTIAL RESOURCES TO SUPPORT THEIR GROWTH AND DEVELOPMENT. THROUGH OUR EFFORTS, WE ARE STRENGTHENING COMMUNITIES AND HELPING CHILDREN BECOME TOMORROW'S LEADERS.
Program accomplishments
- EXPENSES FOR PROJECTS INCLUDED THE FOLLOWING DURING 2024:SMALL STEPS NURTURING CENTER-HOUSTON, TEXAS; RONALD MCDONALD HOUSE CHARITIES-LURIE KITCHEN CHICAGO, ILLINOIS; CASITA DE BELEN ORPHANAGE CENTER IN CALI, COLOMBIA, CASA EN COMUNIDAD MAESTRO CARES ALDEAS INFANTILES SOS ECUADOR (PLACEMENT FACILITY) IN QUITO, ECUADOR; CASA HOGAR ALERGIA EXPANSION IN COLOMBIA; AGRUPACION DE DAMAS HEBREAS HOSPITAL UNIVERSITARIO DEL VALLE IN CALI, COLOMBIA; ALDEOS INFANTILES SOS COMMUNITY CENTER - HONDURAS; FUNDACION RENACI-CENTRO E BIENSTAR DE NINOS CON CANCER - PARAGUAY; YMCA AQUATIC THERAPY AND WELLNESS CENTER IN PUERTO RICO.Expenses $2,675,472 · grants $2,069,042
- CHILD SPONSORSHIP PROGRAM, SCHOLARSHIPS AND CONTRIBUTIONS TO SOCIAL SERVICE ORGANIZATIONSExpenses $411,436
- OTHER EXPENSES RELATED TO THE GRANTS AND SUPPORT PROGRAMS.Expenses $941,969 · revenue $174,074
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-3706112
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q30)
- Assets (IRS master file)
- $16,301,212
- Income (IRS master file)
- $16,041,208
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $10,087,332 | $5,601,170 | $16,301,212 | XML |
| 990 | December 2023 | $5,983,163 | $5,252,951 | $11,982,389 | XML |
| 990 | December 2022 | $7,139,999 | $4,405,967 | $10,258,565 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 45-3706112).
Questions about MAESTRO CARES FOUNDATION
- What is the EIN of MAESTRO CARES FOUNDATION?
- The employer identification number (EIN) of MAESTRO CARES FOUNDATION is 45-3706112.
- Is MAESTRO CARES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to MAESTRO CARES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAESTRO CARES FOUNDATION 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 MAESTRO CARES FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAESTRO CARES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MAESTRO CARES FOUNDATION?
- The 990 for the year ended December 31, 2024 names HENRY CARDENAS.
- Who are the officers and directors of MAESTRO CARES FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $157,731 (ZAYDA CARDENAS, EXECUTIVE DIRECTOR).
- How much revenue does MAESTRO CARES FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $10,087,332, expenses of $5,601,170 and total assets of $16,301,212 at year end.
Other nonprofits in CHICAGO
- UKRAINE-MOLDOVA AMERICAN ENTERPRISE FUND EIN 13-3786524 · last filed 990 for 2025
- OPPORTUNITY INTERNATIONAL INC EIN 54-0907624 · last filed 990 for 2025
- HOPE INTERNATIONAL DEVELOPMENT AGENCY EIN 36-4113852 · last filed 990 for 2024
- FRIENDS OF THE ORPHANS EIN 65-1229309 · last filed 990 for 2025
- GREENHEART INTERNATIONAL EIN 36-3417309 · last filed 990 for 2025
- THE GLOBAL FOODBANKING NETWORK EIN 20-4268851 · last filed 990 for 2025
- CHICAGO COUNCIL ON GLOBAL AFFAIRS EIN 36-2181969 · last filed 990 for 2024
- JUNIOR ACHIEVEMENT OF CHICAGO EIN 36-2170141 · last filed 990 for 2025
All nonprofits in CHICAGO · Illinois · International, foreign affairs and national security