Madison Park Development Corporation
Madison Park Development Corporation reported $14.8 million in revenue and $10.5 million in expenses for calendar year 2025. Of every $100 it spent, $89.63 went to program services, $7.27 to management and general costs and $3.10 to fundraising. Its largest source of revenue was contributions and grants: 53.4% of the total. Government grants made up 7.3%. The highest compensation it reported for one person was $332,141 (CEO (UNTIL 07/25)). 9 people received more than $100,000 in reportable compensation. Revenue rose 35% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.6% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.3% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.1% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 53.4% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 7.3% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 14.1% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $332,141 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.16% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 9 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 44.6 | 10.0 |
| Independent voting board members Part VI 1a–1b | 6 of 6 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseReal estate - mpdc, through its real estate program, acts as either the developer or co-developer on properties benefitting low-income residents in the roxbury, massachusetts community. In addition, mpdc operates rental properties benefitting the low-income residents in the roxbury, massachusetts community. The real estate program also includes the company's asset management business which oversees the operations of all residential and commercial rental properties, as well as its early stage development activities
Hibernian hall - the hibernian hall program promotes, produces and presents performing arts programs that celebrate the multi-cultural heritage of roxbury. In addition, the hall is rented for various celebratory and cultural functions
Community action- mpdc, through its community organizing activities, seeks to promote an active and healthy environment for local residents through programming focused on health equity and wellness, civic engagement, youth leadership and workforce development, residential leadership and public safety initiatives
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO (UNTIL 07/25) Officer, 40.00 hrs/week | $307,946 | $0 | $24,195 | $332,141 |
| VICE PRESIDENT OF REAL ESTATE Officer, 40.00 hrs/week | $216,285 | $0 | $28,695 | $244,980 |
| DIRECTOR OF COMMUNITY ACTION Highest compensated employee, 40.00 hrs/week | $148,438 | $0 | $52,301 | $200,739 |
| SENIOR PROJECT MANAGER Highest compensated employee, 40.00 hrs/week | $128,573 | $0 | $26,602 | $155,175 |
| SENIOR ASSET MANAGER Highest compensated employee, 40.00 hrs/week | $137,916 | $0 | $14,813 | $152,729 |
| CONTROLLER Highest compensated employee, 40.00 hrs/week | $111,071 | $0 | $32,192 | $143,263 |
| DIRECTOR OF COMMUNITY ACTION GRANTS & EVALUATION Highest compensated employee, 40.00 hrs/week | $117,969 | $0 | $12,124 | $130,093 |
9 people received more than $100,000 in reportable compensation from Madison Park Development Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $577K (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b6 · 6 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 535
- Volunteers Part I, line 610
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Madison Park Development Corporation totaling $56,850 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Madison Park Development Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Madison Park Development Corporation, you can publish a response that is linked from this page.
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Of every $100 Madison Park Development Corporation spent in 2025, $89.63 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
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All housing & shelter charities · Largest charities in Massachusetts
Questions people ask
How much of Madison Park Development Corporation's spending goes to programs?
In calendar year 2025, Madison Park Development Corporation reported that 89.6% of its $10.5 million in expenses went to program services, 7.3% to management and general and 3.1% to fundraising (Form 990, Part IX).
How much does Madison Park Development Corporation pay its top executive?
The largest total compensation Madison Park Development Corporation reported for one person in calendar year 2025 was $332,141, for the role of CEO (UNTIL 07/25) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Madison Park Development Corporation get its money?
Of $14.8 million in revenue in calendar year 2025, 53.4% came from contributions and grants (including 7.3% from government grants) and 14.1% from program service revenue (Form 990, Part VIII).
Is Madison Park Development Corporation a registered charity?
The IRS lists EIN 23-7164223 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202632169349301008 · read the filing
- 2024: Form 990 for calendar year 2024, object 202533109349302123 · read the filing
- 2023: Form 990 for calendar year 2023, object 202413199349301011 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343139349302389 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223159349306162 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123019349302402 · read the filing
- 2019: Form 990 for calendar year 2019, object 202032869349300623 · read the filing
All filings for EIN 23-7164223: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.