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Madison Park Housing Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042743779 ✦ Roxbury, MA ✦ Designated as a 501(c)(3)

Overview

What is Madison Park Housing Corporation?

Madison Park Housing Corporation, located in Roxbury, Massachusetts, is a dedicated nonprofit organization. Their primary mission revolves around supporting low-income housing by offering financial assistance to such projects. A significant contribution was recently received from a low-income housing project, further reinforcing their commitment. The organization's activities are geared towards uplifting the housing sector for those with limited financial resources.


Is Madison Park Housing Corporation legitimate?

Madison Park Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Park Housing Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Madison Park Housing Corporation?
Who is the CEO of Madison Park Housing Corporation?
What is the revenue of Madison Park Housing Corporation?
Who are the executives of Madison Park Housing Corporation and what are their salaries?
Where can I find the form 990 for Madison Park Housing Corporation?

Mission Statement of Madison Park Housing Corporation

Madison Park Housing Corporation is committed to supporting low-income housing. Their primary mission involves providing financing to projects that cater to this demographic, thereby contributing to the provision of affordable housing for individuals with limited resources. This nonprofit organization's activities are geared towards enhancing the living conditions of those in need, thereby promoting social equality and inclusion. The organization's contribution of a note receivable due from a low-income housing project underscores its dedication to this cause, highlighting its role as a catalyst for the development of affordable housing solutions.

Impact

This information is meant to be a general summary of Madison Park Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Madison Park Housing Corporation's impact lies in its dedicated efforts to provide support for low-income housing in Roxbury, Massachusetts. By receiving contributions such as notes receivable from low-income housing projects, the organization can offer financial assistance to projects that align with its mission of supporting affordable housing initiatives. Through its focus on low-income housing, Madison Park Housing Corporation plays a vital role in addressing housing needs within the community and improving access to safe and affordable shelter for residents in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $663,221
  • Program Service Revenue: $1,503,211
  • Gross Receipts: $2,171,646

    • Assets and Liabilities:
  • Total Assets: $61,437,109
  • Total Liabilities: $1,018,113
  • Net Assets: $60,418,996
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST ON NOTES RECE

    Revenue

    $1,503,211

    Organization Details

    Founding Year

    1980

    Principal Officer

    Leslie Reid

    Main Address

    184 DUDLEY STREET, ROXBURY, MA, 02119

    NTEE Category

    Code: L80Z - Housing

    If you are a representative of Madison Park Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.