Overview
What is Madison Street Properties Inc?
Madison Street Properties Inc is a Baltimore, Maryland-based organization serving as a property management and holding company for the tax-exempt affiliates of Kennedy Krieger Institute, Inc. Its primary mission is to support Kennedy Krieger Institute and its affiliates by managing and leasing their real property and leasehold rights. With a workforce of 94 employees, Madison Street Properties offers property management services such as security, housekeeping, and ancillary facilities management. The company's primary goal is to contribute to the charitable, scientific, and educational purposes of Kennedy Krieger Institute and its affiliates.
Is Madison Street Properties Inc legitimate?
Madison Street Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Street Properties Inc 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: $354,284
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,498,122
For more financial information, click here
What is the mission statement of Madison Street Properties Inc?
Madison Street Properties Inc serves as a property management and holding company for tax-exempt affiliates of Kennedy Krieger Institute. Operating solely for the charitable, scientific, and educational purposes of Kennedy Krieger Institute and its associates, this company manages all real property and leasehold rights of the affiliated corporations. Madison Street Properties leases and subleases property back to each corporate entity occupying space, while also offering property management services such as security, housekeeping, and ancillary facilities management. The company's mission is to support Kennedy Krieger Institute and its affiliates in their pursuit of their respective objectives.
Who is the CEO of Madison Street Properties Inc?
Brad L Schlaggar Md Phd is the Principal Officer of Madison Street Properties Inc. The CEO's salary of Madison Street Properties Inc is $101,409 and their total compensation is $925,374.
What is the revenue of Madison Street Properties Inc?
Madison Street Properties Inc's revenue in 2022 was $37,883,778.
Who are the executives of Madison Street Properties Inc and what are their salaries?
The average compensation at Madison Street Properties Inc during 2022 was $72,898. There are 94 employees and 1 volunteers at Madison Street Properties Inc.
Here are 12 key members and their salaries (Madison Street Properties Inc's CEO's salary is $101,409 and their total compensation is $925,374):
- Bradley L Schlaggar Md Phd (President & Ceo) [Trustee/Director]
- James M Anders Jr (Secretary)
- Michael J Neuman (Treasurer)
- Raymond Short (Vp Of Human Resources)
- Valerie Bonham (Vp Of General Counsel)
- George Thomas (Vp Of Facilities)
- Bonnie Knight (Director Of Planning & Eng)
- Debra Grimm (Asst Vp Of Facilities)
- Daniel Hendrickson (Director Of Safety)
- Eddie Moore (Carpenter)
- Nancy Grasmick Ed D (Chair Woman) [Trustee/Director]
- Richard W Cass (Vice Chairman) [Trustee/Director]
Where can I find the form 990 for Madison Street Properties Inc?
The Madison Street Properties Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Madison Street Properties Inc
Madison Street Properties Inc, a charitable holding company, operates exclusively to further the objectives of Kennedy Krieger Institute and its affiliates. This organization is dedicated to managing and holding all real property and leasehold rights for these affiliated corporations. Madison Street Properties assumes the responsibility of leasing and subleasing property back to the corporate entities that occupy the space. In addition to property transactions, this company provides essential property management services, including security, housekeeping, and other ancillary facilities management services. This strategic partnership ensures the smooth functioning of the affiliated corporations, enabling them to focus primarily on their respective charitable, scientific, and educational missions.
Impact
This information is meant to be a general summary of Madison Street Properties Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Madison Street Properties Inc's impact lies in supporting the charitable, scientific, and educational purposes of Kennedy Krieger Institute and its affiliates. It serves as a property management and holding company for tax-exempt affiliates, providing essential services such as property management, security, and facilities management. By owning and managing real property for these organizations, Madison Street Properties Inc plays a crucial role in enabling the work and mission of Kennedy Krieger Institute and its affiliated corporations. Their efforts contribute to community improvement by ensuring these organizations have the necessary infrastructure to carry out their vital work in Baltimore, MD.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY RENTAL
Revenue
$37,565,157
Organization Details
Founding Year
1995
Phone
(443) 923-9200
Principal Officer
Brad L Schlaggar Md Phd
Main Address
707 N BROADWAY, BALTIMORE, MD, 21205
NTEE Category
Code: S500 - Community improvement
If you are a representative of Madison Street Properties Inc 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.