MADISON PARK DEVELOPMENT CORPORATION

ROXBURY, MA, 02119 (617) 541-3900 Est. 1970 EIN 23-7164223
L110 - Housing & Shelter 990 - Public charity return 501(c)(3)
www.madison-park.org

Mission

MADISON PARK DEVELOPMENT CORPORATION'S OVERALL MISSION IS TO FOSTER THE SOCIAL, PHYSICAL, ECONOMIC AND CULTURAL RENAISSANCE OF THE ROXBURY COMMUNITY BY PROMOTING THE ECONOMIC SELF-SUFFICIENCY AND SOCIAL WELL-BEING OF LOW-INCOME AND MODERATE INCOME RESIDENTS FOR HOME OWNERSHIP, BUSINESS DEVELOPMENT OR EDUCATION.

Giving Portfolio

Total Grants
6
Total Giving
$5.7M
Recipients
6
Years Active
2018 - 2025
Avg grant: $737,650 Median: $115,937

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20252$90K $45K02
20242$5.3M $2.7M02
20231$102K $102K10
20181$130K $130K10

Sectors Funded

Housing & Shelter
3
Community Improvement
3

Top States

Massachusetts
6

Grantee Size Profile

$1M - $5M
6

Top Grantees

Grants Awarded · 6 grants

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Financials

Total Revenue
$14,835,211
Total Expenses
$10,526,260
Net Assets
$39,091,211
35 employees 10 volunteers
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
3.7 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 59.6%
Expenses ↓ 46.7%
Revenue Sources
Contributions 53.4% Earned revenue 14.1% Investment 25.8% Other 7.0%
Expense Breakdown
Program 89.6% Management 7.3% Fundraising 3.1%

Officers & Trustees (19)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$14,835,211 ↓$10,526,260$39,091,211
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$36,724,245 ↑$19,759,239$30,742,359
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$5,036,732 ↑$7,966,807$13,166,306
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$4,984,841 ↓$7,547,553$15,693,403
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$9,046,088 ↑$10,528,881$14,648,433
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$7,841,963 $7,636,626$11,319,985

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EIN: 23-7164223 · Source: IRS Form 990 e-file data