MAGNIFICUS Corporation is a District of Columbia corporation, registered on August 17, 2004. It is based at 9500 Annapolis Rd. Suite A-7, Lanham, MD, 20706, USA. The company is currently listed as active on the District of Columbia register, is registered under company number 242570 and carries EIN 522220795. Its sole officer on record is AKINTOYE SHOETAN. Public records for the company include 1 SoS registration, 2 permits, 2 licenses, 4 federal contracts, 1 loan record, 1 Medicare provider record and 16 Form 5500 filings. Every fact here is republished from an official public register and traces back to a primary source document.
| Legal entity name | MAGNIFICUS Corporation |
|---|---|
| Principal address | 9500 Annapolis Rd. Suite A-7Lanham20706MDUnited States |
| Registration state | District of Columbia |
| Status | Active |
| Formed in | Maryland (foreign registration) |
| Home company | MAGNIFICUS CORPORATION · Active |
| Registered | 17 August 2004 (about 22 years ago) |
| Officers & directors | AKINTOYE SHOETAN, owner |
| Entity type | Corporation |
| Standing | compliant |
| Company number | 242570 |
|---|
| EIN | 522220795 |
|---|
| Employees (modeled) | ≈336 employees2024 |
|---|
| Registered agent | GABRIEL SOBANDE |
|---|
| Source registry | DC Department of Licensing and Consumer Protection · updated 10 August 2026 |
|---|
| Public records | 1 SoS registration |
|---|
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| Est. revenue (modeled) | $42.8M2024 |
|---|---|
| Federal contracts | $513.9M · 2,781 awards |
| SBA loans | $3.7M · approved amounts |
| Total obligated | $513.9M |
|---|---|
| Awards | 2,781 |
| Top agency | Department of Defense |
| Action date | Agency | Obligated | |
|---|---|---|---|
| 2026-05-06 | Department of Defense | $3K | |
| 2026-05-05 | Department of Defense | $752K | |
| 2026-05-05 | Department of Defense | $-19800.27 | |
| 2026-04-28 | Department of Defense | $-30079.82 | |
| 2026-04-27 | Department of Defense | $105.34 | |
| 2026-04-23 | Department of Defense | $72K | |
| 2026-04-22 | Department of Defense | $0 | |
| 2026-04-22 | Department of Defense | $801.38 | |
| 2026-04-21 | Department of Defense | $747K | |
| 2026-04-21 | Department of Defense | $1.5M | |
| State | Business name | Filed | Registered agent | Officers | Status | |
|---|---|---|---|---|---|---|
| District of ColumbiaTHIS | MAGNIFICUS Corporation | 2004-08-17 | GABRIEL SOBANDE | AKINTOYE SHOETANOwner | Active | |
Filing ID 242570 Jurisdiction Foreign · CorporationFormed in Maryland Principal address 9500 Annapolis Rd. Suite A-7, Lanham, MD, 20706, USA Registered agent GABRIEL SOBANDE125A L STREET, SE, Washington, DC, 20003 Officers AKINTOYE SHOETANOwner | ||||||
| District of Columbia | MAGNIFICUS Corporation | 2004-08-17 | GABRIEL SOBANDE | SHOETAN , AKINTOYEOfficer | Active | |
| Maryland | MAGNIFICUS CORPORATION | 1999-09-23 | AKINTOYE O. SHOETAN | — | Active | |
| Montana | MAGNIFICUS CORPORATION | 2014-07-29 | ALL DAY $49 MONTANA REGISTERED AGENT LLC | AKINTOYE SHOETANOfficer, Director | Active | |
Companies and people linked to MAGNIFICUS Corporation in the state registers through shared officers, a shared registered agent, shared filing contacts or a shared address. Service companies file for many unrelated businesses — a shared agent, address or contact alone does not prove affiliation.
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Browse the indexed registries by state, or look up any debtor name free, at UCC lien search.
| State | Permit | Issued | Type | Location | Status | |
|---|---|---|---|---|---|---|
| Maryland | — | 2013-08-30 | DPIE UOW | 9500 ANNAPOLIS, GLENARDEN, 20706 | Unknown | |
| Maryland | — | 2013-08-30 | — | 9500 ANNAPOLIS, GLENARDEN, 20706 | Unknown | |
| State | License / ID | Type | Issued | Status | |
|---|---|---|---|---|---|
| — | 1275704629 | Medicare / NPI provider | 03/13/2008 | Unknown | |
| — | — | — | — | Unknown | |
| — | — | — | — | Unknown | |
| Amount | Approved | Lender | Jobs | Status | |
|---|---|---|---|---|---|
| $3,670,400 | 04/30/2020 | Truist Bank | 296 | Exemption 4 | |
Employee-benefit plan filings by MAGNIFICUS Corporation with the Department of Labor. Employee and revenue figures are modeled estimates derived from retirement-plan participant counts and industry ratios — not official headcount or reported revenue.
| Employees (modeled) | ≈336 · plan year 2024 |
|---|---|
| Est. annual revenue (modeled) | $42.8M |
| Retirement plan assets | $3.1M |
| Benefit plans | 401(k) plan on file |
| Filing history | 17 plan years filed, 2008–2024 |
| Sponsor EIN | 52-2220795 |
| Plan year | Employees (est.) | Participants | Plan assets | Revenue (est.) | 401(k) | |
|---|---|---|---|---|---|---|
| 2024 | ≈336 | 412 (302 active) | $3.1M | $42.8M | 401(k) | |
| 2023 | ≈320 | 543 (288 active) | $2.7M | $39.8M | 401(k) | |
| 2022 | ≈300 | 507 (270 active) | $2.1M | $37.2M | 401(k) | |
| 2021 | ≈292 | 521 (263 active) | $3M | $37.6M | 401(k) | |
| 2020 | ≈370 | 473 (333 active) | $2.5M | $40.5M | 401(k) | |
| 2019 | ≈317 | 458 (285 active) | $1.8M | $29.5M | 401(k) | |
| 2018 | ≈399 | 489 (359 active) | $1.5M | $36.9M | 401(k) | |
| 2017 | ≈508 | 459 (457 active) | $1.3M | $34.6M | 401(k) | |
| 2016 | ≈492 | 428 (443 active) | $844,246 | $28.9M | 401(k) | |
| 2015 | ≈553 | 474 (498 active) | $566,830 | $25.8M | 401(k) | |
Matched Form 5500 filing records:
| Plan | Plan year | Participants | EIN | |
|---|---|---|---|---|
| MAGNIFICUS CORPORATION 401(K) PLAN | — | — | — | |
| MAGNIFICUS CORPORATION 401(K) PLAN | — | — | — | |
| MAGNIFICUS CORPORATION 401(K) PLAN | — | — | — | |
| MAGNIFICUS CORPORATION 401(K) PLAN | — | — | — | |
| MAGNIFICUS CORPORATION 401(K) PLAN | — | — | — | |
| MAGNIFICUS CORPORATION 401(K) PLAN | — | — | — | |
| MAGNIFICUS CORPORATION 401(K) PLAN | — | — | — | |
| MAGNIFICUS CORPORATION 401(K) PLAN | — | — | — | |
| MAGNIFICUS CORPORATION 401(K) PLAN | — | — | — | |
| MAGNIFICUS CORPORATION 401(K) PLAN | — | — | — | |
Federal court records load when you reach this section.
Companies adjacent to MAGNIFICUS Corporation in the District of Columbia Secretary of State register, in alphabetical order.
Netstate aggregates public records from federal, state and municipal sources; records are matched to this company by its registered legal names. Latest source snapshot 2026-08-07. Document getpalm-companies/4593-0460-9858.