Public Charity

MAGNOLIA PROPERTIES MANAGEMENT INC

MAGNOLIA PROPERTIES MANAGEMENT INC, of LOS ANGELES, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $604K in revenue, $7.0M in expenses, $125.6M in total assets. 1 publicly reported grants to this organization, totaling roughly $478K, appear in IRS filings.

EIN: 454683724 LOS ANGELES, CA Latest filing: 2025
Total Revenue$604K
Total Expenses$7.0M
Total Assets$125.6M
Grant Records1
Funding Total$478K
Filing Years2021–2025

Mission

TO PROVIDE EDUCATIONAL FACILITIES FOR THE MAGNOLIA PUBLIC SCHOOLS

Officers & Directors

CEO Alfredo Rubalcava
DEPUTY SUPERINTENDENT Erdinc Acar
CHAIR Mekan Muhammedov
SECRETARY Patrick Ontiveros
DIRECTOR Rabbi Haim Beliak
DIRECTOR Sandra Covarrubias

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR USE IN FOUNDATION PROGRAMS
$478,327 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $604K $7.0M $125.6M
2024 $1.5M $2.7M $107.0M
2023 $53.4M $2.4M $109.2M
2022 $2.3M $2.5M $30.6M
2021 $2.4M $2.4M $31.3M

Between 2021 and 2025, reported annual revenue declined from $2.4M to $604K (-75%), with total assets most recently reported at $125.6M.

Interactive year-over-year charts and full filing details available with membership.

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