MADISON PARK ECONOMIC DEVELOPMENT CORPORATION

As filed

Subsection

03

NTEE code

S41Z

Classification

1000

Street

184 DUDLEY STREET

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

3 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• LOWER ROXBURY COMMUNITY CORPORATION

  EIN 23-7011408

• MADISON PARK DEVELOPMENT CORPORATION

  EIN 23-7164223

• MADISON PARK HOUSING CORPORATION

  EIN 04-2743779

Mission and programs · 2025

• TO DEVELOP AND PRESERVE SAFE, AFFORDABLE, AND LOW-INCOME HOUSING TO COMBAT COMMUNITY DETERIORATION BY PROVIDING OR FINANCING BUSINESSES AND NONPROFIT ORGANIZATIONS THAT WOULD BE UNABLE TO OTHERWISE OBTAIN FINANCING. THIS PROMOTES A GENERAL WELCOME OF UNDERSERVED COMMUNITIES, AND ASSISTS IN THE ELIMINATION OF STRUCTURAL RACISM AND DISCRIMINATION AND SUPPORTS MADISON PARK DEVELOPMENT CORPORATION AND ITS AFFILIATES IN THE DEVELOPMENT OF PHYSICAL, ECONOMIC, SOCIAL AND STRUCTURAL REVITALIZATION OF THE ROXBURY NEIGHBORHOOD OF BOSTON, MASSACHUSETTS.

  Expenses $1,424,816 · Grants $4,965 · Revenue $2,851,938

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2025

  Revenue

  $2,898,213

  Expenses

  $1,428,927

  Contributions

  $46,140

  Grants paid

  $4,965

• 2024

  Revenue

  $1,764,557

  Expenses

  $1,641,061

  Contributions

  $109,026

  Grants paid

  $2,054

• 2023

  Revenue

  $1,264,621

  Expenses

  $1,554,955

  Contributions

  $138,794

  Grants paid

  $2,208

• 2022

  Revenue

  $1,464,155

  Expenses

  $1,598,956

  Contributions

  $148,140

  Grants paid

  $1,896

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,378,057

  Expenses

  $1,561,912

  Assets (EOY)

  $5,131,696

• 2020 · 990

  Revenue

  $770,146

  Expenses

  $866,659

  Assets (EOY)

  $4,155,469

• 2019 · 990

  Revenue

  $777,810

  Expenses

  $896,537

  Assets (EOY)

  $4,245,212

• 2018 · 990

  Revenue

  $483,856

  Expenses

  $857,030

  Assets (EOY)

  $4,200,306

• 2017 · 990

  Revenue

  $753,474

  Expenses

  $740,708

  Assets (EOY)

  $3,518,549

• 2016 · 990

  Revenue

  $845,490

  Expenses

  $732,530

  Assets (EOY)

  $3,514,083

• 2015 · 990

  Revenue

  $871,940

  Expenses

  $671,166

  Assets (EOY)

  $3,529,262

• 2014 · 990

  Revenue

  $710,738

  Expenses

  $748,723

  Assets (EOY)

  $3,479,080

• 2013 · 990

  Revenue

  $668,589

  Expenses

  $700,103

  Assets (EOY)

  $3,633,001

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $250,292

  Assets (EOY)

  $3,363,671

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• MADISON PARK DEVELOPMENT CORPORATION

  $4,969,468

  2024 · GENERAL SUPPORT

• MADISON PARK HOUSING CORPORATION

  $500,000

  2024 · GENERAL SUPPORT

• MADISON PARK DEVELOPMENT CORPORATION

  $101,964

  2023 · GENERAL SUPPORT

• MADISON PARK DEVELOPMENT CORPORATION

  $75,000

  2025 · GENERAL SUPPORT

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files