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Madison Park Economic Development Corp

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

EIN: 043126706 ✦ Roxbury, MA ✦ Designated as a 501(c)(3)

Overview

What is Madison Park Economic Development Corp?

Madison Park Economic Development Corp is a nonprofit organization situated in the Roxbury, Massachusetts area. Its primary mission is to foster economic growth and revitalization within this community. A notable aspect of their work is the ownership and management of the DeWitt Center. Their purpose is to provide support for the area's economic development, aiming to enhance the local economy and improve the living conditions of the community.


Is Madison Park Economic Development Corp legitimate?

Madison Park Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Park Economic Development Corp 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 Economic Development Corp?
Who is the CEO of Madison Park Economic Development Corp?
What is the revenue of Madison Park Economic Development Corp?
Who are the executives of Madison Park Economic Development Corp and what are their salaries?
Where can I find the form 990 for Madison Park Economic Development Corp?

Mission Statement of Madison Park Economic Development Corp

Madison Park Economic Development Corporation is dedicated to fostering economic growth and revitalization in a specific area, namely Roxbury, Massachusetts. This nonprofit organization's primary mission is to provide essential support for this revitalization process. Through its activities, it aims to contribute positively to the local economy, striving for continuous improvement and development. The organization accomplishes this by owning and operating the DeWitt Center, which may serve as a hub for various economic initiatives or activities.

Impact

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




Saturday, July 20, 2024

Madison Park Economic Development Corp's impact is centered around supporting economic revitalization in the Roxbury, Massachusetts area. Through initiatives such as owning and operating the DeWitt Center, they contribute to the growth and development of the local community. Their focus on economic revitalization helps create opportunities for residents, businesses, and organizations to thrive, ultimately leading to a more vibrant and sustainable community in Roxbury.





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: $422
  • Program Service Revenue: $1,183,206
  • Gross Receipts: $1,464,155

    • Assets and Liabilities:
  • Total Assets: $4,796,223
  • Total Liabilities: $5,083,494
  • Net Assets: -$287,271
  • Programs

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

    RENTAL INCOME

    Revenue

    $775,153

    PROGRAM FEES

    Revenue

    $408,053

    Organization Details

    Founding Year

    1991

    Principal Officer

    Leslie Reid

    Main Address

    184 DUDLEY STREET, ROXBURY, MA, 02119

    NTEE Category

    Code: S41Z - Community improvement

    If you are a representative of Madison Park Economic Development Corp 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.