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MADISON PARK ECONOMIC DEVELOPMENT CORPORATION: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
MADISON PARK ECONOMIC DEVELOPMENT CORPORATION (EIN 04-3126706)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-10-07
IRS object ID
201602819349300800
Schema version
2015v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-10-07T07:55:15-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221478099PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE BOSTON PLACE SUITE 500AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043126706EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MADISON PARK ECONOMIC DEVELOPMENT CORpBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMADIBusinessNameControlTxt
Phone6175413900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1184 DUDLEY STREETAddressLine1Txt
CityROXBURYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02119ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGayle HarroldPersonNm
Person TitleCFOPersonTitleTxt
Phone6175413900PhoneNum
Signature2016-10-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLEONARD J BERKOWITZPreparerPersonNm
PTINP00872822PTIN
Phone6176481400PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJEANNE PINADOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1184 Dudley streetAddressLine1Txt
CityroxburyCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02119ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$871,940GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1991FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO PROVIDE SUPPORT FOR ECONOMIC REVITALIZATION IN THE ROXBURY, MASSACHUSETTS AREA.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$710,489PYProgramServiceRevenueAmt
CY Program Service Revenue$733,198CYProgramServiceRevenueAmt
PY Investment Income$249PYInvestmentIncomeAmt
CY Investment Income$16CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$138,726CYOtherRevenueAmt
PY Total Revenue$710,738PYTotalRevenueAmt
CY Total Revenue$871,940CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$748,723PYOtherExpensesAmt
CY Other Expenses$671,166CYOtherExpensesAmt
PY Total Expenses$748,723PYTotalExpensesAmt
CY Total Expenses$671,166CYTotalExpensesAmt
PY Revenues Less Expenses-$37,985PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$200,774CYRevenuesLessExpensesAmt
Total Assets BOY$3,479,080TotalAssetsBOYAmt
Total Assets EOY$3,529,262TotalAssetsEOYAmt
Total Liabilities BOY$2,998,370TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,847,777TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$480,710NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$681,485NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE SUPPORT FOR ECONOMIC REVITALIZATION IN THE ROXBURY, MASSACHUSETTS AREA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$161,554ExpenseAmt
Revenue$179,914RevenueAmt
DescTO PROVIDE TECHNOLOGY-BASED EDUCATION AND TRAINING TO ENHANCE THEPROFESSIONAL, INTELLECTUAL AND SOCIAL CAPABILITIES OF THOSE ITSERVES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$509,612ExpenseAmt
Revenue$553,284RevenueAmt
DescHIBERNIAN HALL IS RENTED TO AN AFFILIATE NON-PROFIT ENTITY TOPROMOTE ECONOMIC REVILTALIZATION AND ALLOW THE AFFILIATE TOPROMOTE, PRODUCE AND PRESENT PERFORMING ARTS PROGRAMS THATCFELEBRATE THE MULTI-CULTURAL HERITAGE OF ROXBURY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$671,166TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GAYLE HARROLDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6178496224PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1184 DUDLEY STREETAddressLine1Txt
CityroxburyCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02119ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JEANNE M PINADO
CEO/ASST Secretary1.0042.00Yes (X)Yes (X)$0$195,400$25,317
ELMER FREEMAN
PRESIDENT/Director1.003.00Yes (X)Yes (X)$0$0$0
MALIK AZIZ
TREASURER/DIRECTOR1.003.00Yes (X)Yes (X)$0$0$0
IVELISE RIVERA
CLERK/SECRETARY1.003.00Yes (X)Yes (X)$0$0$0
Dion Irish
DIRECTOR1.003.00Yes (X)$0$0$0
MARION CUNNINGHAM
Vice President/Director1.003.00Yes (X)$0$0$0
Matthew Camp
director1.003.00Yes (X)$0$0$0
jason boltz
director1.003.00Yes (X)$0$0$0
Lisa Morishanti
Secretary/Director1.003.00Yes (X)$0$0$0
Sonrisa Haynes
dIRECTOR1.003.00Yes (X)$0$0$0
Daryl Richardson
Director1.003.00Yes (X)$0$0$0
David Hinton
Director1.003.00Yes (X)$0$0$0
Linda Sprague Martinez
Director1.003.00Yes (X)$0$0$0
ayanna hines
diRECTOR1.003.00Yes (X)$0$0$0
nina ruff
diRECTOR1.003.00Yes (X)$0$0$0
BROOKE E WOODSON
assistant secretary1.003.00Yes (X)$0$119,400$19,450
GAYLE HARROLD
CFO/ASSISTANT TREASURER1.0032.00Yes (X)$0$136,470$27,161
RUSSELL TANNER
director of RE/asst. treasurer1.0040.00Yes (X)$0$188,289$22,874
Michael Bustin
Department head of Arts & Culture1.0040.00$0$103,192$15,820Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$742,751TotReportableCompRltdOrgAmt
Total Other Compensation$110,622TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME531110$553,284$553,284
PROGRAM AND CONTRACT R531390$179,914$179,914
FieldValueIRS element (for citing)
Total Program Service Revenue$733,198TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$16TotalRevenueColumnAmt
Exclusion$16ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescForgiveness of DebtDesc
Business531110BusinessCd
Total Revenue Column$138,726TotalRevenueColumnAmt
Exclusion$138,726ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$138,726OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$871,940TotalRevenueColumnAmt
Related Or Exempt Func Income$733,198RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$138,742ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$72,385TotalAmt
Program Services$72,385ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$19,982TotalAmt
Program Services$19,982ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,160TotalAmt
Program Services$6,160ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$86,843TotalAmt
Program Services$86,843ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$87,135TotalAmt
Program Services$87,135ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$90,492TotalAmt
Program Services$90,492ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$17,647TotalAmt
Program Services$17,647ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
MAINTENANCE EXPENSE$99,150$99,150
PROGRAM EXPENSES$75,084$75,084
REAL ESTATE TAXES$71,158$71,158
SALARIES AND BENEFITS$43,565$43,565

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,565TotalAmt
Program Services$1,565ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$671,166TotalAmt
Program Services$671,166ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$191,201BOYAmt
EOY$266,171EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$20,164BOYAmt
EOY$60,455EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,891BOYAmt
EOY$4,583EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,401,850LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$277,659LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,208,275BOYAmt
EOY$3,124,191EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$54,549BOYAmt
EOY$73,862EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,479,080BOYAmt
EOY$3,529,262EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$39,458BOYAmt
EOY$60,911EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,953,078BOYAmt
EOY$2,781,766EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,834BOYAmt
EOY$5,100EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,998,370BOYAmt
EOY$2,847,777EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$480,710BOYAmt
EOY$681,485EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$480,710BOYAmt
EOY$681,485EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,479,080BOYAmt
EOY$3,529,262EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$200,774ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$302,598CurrentTaxYearMinus3YearsAmt
Total$302,598TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$257,422CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$667,968CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$710,489CurrentTaxYearMinus1YearAmt
Current Tax Year$733,198CurrentTaxYearAmt
Total$2,369,077TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$560,020CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$667,968CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$710,489CurrentTaxYearMinus1YearAmt
Current Tax Year$733,198CurrentTaxYearAmt
Total$2,671,675TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,671,675PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$76CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$621CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$249CurrentTaxYearMinus1YearAmt
Current Tax Year$16CurrentTaxYearAmt
Total$962TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$76CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$621CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$249CurrentTaxYearMinus1YearAmt
Current Tax Year$16CurrentTaxYearAmt
Total$962TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$560,096CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$668,589CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$710,738CurrentTaxYearMinus1YearAmt
Current Tax Year$733,214CurrentTaxYearAmt
Total$2,672,637TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99960PublicSupportCY509Pct
Public Support PY5090.99950PublicSupportPY509Pct
Investment Income CY0.00040InvestmentIncomeCYPct
Investment Income PY0.00050InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$325,177OtherCostOrOtherBasisAmt
Book Value$325,177BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,030,331OtherCostOrOtherBasisAmt
Depreciation$248,310DepreciationAmt
Book Value$2,782,021BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$46,342OtherCostOrOtherBasisAmt
Depreciation$29,349DepreciationAmt
Book Value$16,993BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,124,191TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOTHER LIABILITIESDesc
Amt$5,100Amt
FieldValueIRS element (for citing)
Total Liability$5,100TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationMPDC and certain subsidiaries; Madison Park Economic Development Corporation, Madison Park Housing Corporation and Lower Roxbury Community Corporation ("LRCC") qualify as organizations formed for charitable purposes under Section 501(c)(3) of the IRC and therefore are not subject to income tax and are not private foundations under Section 509(a)(1). Certain unrelated business income, as definited in the IRC, is subject to federal income tax. For the years ended December 31, 2015 and 2014, there was no unrelated business income.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JEANNE M PINADO
CEO/ASST Secretary$0$169,800$0$25,600$0$0$0$0$0$25,317$0$220,717$0$0
GAYLE HARROLD
CFO/ASSISTANT TREASURER$0$124,970$0$11,500$0$0$0$0$0$27,161$0$163,631$0$0
RUSSELL TANNER
director of RE/asst. treasurer$0$171,789$0$16,500$0$0$0$0$0$22,874$0$211,163$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 3FormAndLineReferenceDesc
ExplanationMadison Park Economic Development Corporation has no employees. All compensation is provided to employees of its sole member, Madison Park Development Corporation. Please refer to MPDC's Form 990 for compensation information and decision making.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 3The organization delegated control over management duties to its management agent Madison Park Development Corporation.
Form 990, Part VI, Section A, line 4Amended its bylaws.
Form 990, Part VI, Section A, line 6Madison Park Development Corporation is the sole member of Madison Park Economic Development Corporation.
Form 990, Part VI, Section A, line 7aMadison Park Development Corporation, as sole member of Madison Park Economic Development Corporation, has power to elect the board.
Form 990, Part VI, Section B, line 11The form 990 is reviewed prior to issuance by the finance committee who then makes a recommendation to the Board of Directors to approve for filing.
Form 990, Part VI, Section B, line 12cEach director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms that such person: 1. Has received a copy of the conflict of interest policy; 2. Has read and understood this policy; 3. Has agreed to comply with the policy and 4. Understands that the organization is a non-profit and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempted purposes.
Form 990, Part VI, Section C, line 19The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (16 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtDirect Controlling NADirectControllingNACd
Madison Hibernian Hall LLC
184 Dudley StreetRoxburyMA02119461172886Community CenterMA$182,398$3,239,563MPEDC
Madison Washington II LLC
184 Dudley Street Suite 102RoxburyMA02119208135439Real EstateMAN/A
Madison Tropical Markets LLC
184 Dudley Street Suite 102RoxburyMA02119463342679Real EstateMAN/A
Madison Property Development LLC
184 DUDLEY STREET SUITE 102RoxburyMA02119270366179Real EstateMAN/A
Haynes House MM LLC
184 Dudley Street Suite 102RoxburyMA02119454287355Real EstateMAN/A
LRCC Holdings LLC
184 Dudley Street Suite 102RoxburyMA02119474344198Real EstateMAN/A
Madison Schoolhouse LLC
184 Dudley Street Suite 102RoxburyMA02119261591413Real EstateMAN/A
Madison Bard LLC
184 Dudley Street Suite 102RoxburyMA02119273060171Real EstateMAN/A
P10 Development Services LLC
184 Dudley Street Suite 102RoxburyMA02119364748875Real EstateMAN/A
Madison Tropical markets LLC
184 Dudley Street Suite 102RoxburyMA02119463342679Real EstateMAN/A
Madison Gateway LLC
184 Dudley Street Suite 102RoxburyMA02119463359675Real EstateMAN/A
Madison Williams LLC
184 Dudley Street Suite 102RoxburyMA02119463342757Real EstateMAN/A
2451 Washington LLC
184 Dudley Street Suite 102RoxburyMA02119203909215Real EstateMAN/A
lrcc leasing llc
184 Dudley Street Suite 102roxburyMA02119812037456real EstateMAN/A
2451 Washington LLC
184 Dudley Street Suite 102roxburyMA02119203909215developmentMAN/A
madison tropical LLC
184 Dudley Street Suite 102roxburyMA02119452804996real EstateMAN/A

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
Madison Park Development Corporation
184 Dudley Street Suite 102RoxburyMA02119237164223Affordable HousingMA501(c)(3)Line 9N/A0
Madison Park Housing Corporation
184 Dudley Street Suite 102RoxburyMA02119042743779Affordable HousingMA501(c)(3)Line 90MPDC
Lower Roxbury Community Corporation
184 Dudley Street Suite 102RoxburyMA02119237011408Affordable HousingMA501(c)(3)Line 90MPDC

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (14 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerInd
SCHOOL HOUSE KENILWORTH WILLIAM
536 Granite StreetBraintreeMA02184261599834Rental Real EstateMAN/A00
School House Brookledge Cummins LP
536 Granite StreetBraintreeMA02184261599765Rental Real EstateMAN/A00
Interfaith Housing Developers LLC
184 Dudley Street Suite 102RoxburyMA02119161644819Rental Real EstateMAN/A00
Madison Trinity Limited Partnership
184 Dudley Street Suite 102RoxburyMA02119043339768Rental Real EstateMAN/A00
Adams Orchard Limited Partnership
184 Dudley Street Suite 102RoxburyMA02119043428515Rental Real EstateMAN/A00
Madison Park III Associates LP
184 Dudley Street Suite 102RoxburyMA02119042626724Rental Real EstateMAN/A00
Haynes House II LP
184 Dudley Street Suite 102RoxburyMA02119043231123Rental Real EstateMAN/A00
Beryl Gardens Limited Partnership
184 Dudley Street Suite 102RoxburyMA02119043293229Rental Real EstateMAN/A00
Smith House II Limited Partnership
184 Dudley Street Suite 102RoxburyMA02119043293225Rental Real EstateMAN/A00
Ruggles Shawmut Housing LLC
184 Dudley Street Suite 102RoxburyMA02119202182768Rental Real EstateMAN/A00
Dudley Greenville LLC
184 Dudley Street Suite 102RoxburyMA02119272754424Rental Real EstateMAN/A00
Madison Park IV 2011 LP
184 Dudley Street Suite 102RoxburyMA02119453459053Rental Real EstateMAN/A00
Madison Botolph II LP
184 Dudley Street Suite 102RoxburyMA02119364796660Rental Real EstateMAN/A00
mpIII townhomes llc
184 Dudley Street Suite 102roxburyMA02119473681685Rental Real EstateMAN/A00

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (16 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
LOWER ROXBURY MANAGEMENT CORPORATION
184 Dudley Street Suite 102RoxburyMA02119042628306Rental Real EstateMAN/AC0
Haynes II Inc
184 Dudley Street Suite 102RoxburyMA02119043220498Rental Real EstateMAN/AC0
Beryl Gardens Inc
184 Dudley Street Suite 102RoxburyMA02119043293227Rental Real EstateMAN/AC0
Smith II Inc
184 Dudley Street Suite 102RoxburyMA02119043293223Rental Real EstateMAN/AC0
Beryl Gardens Cooperative Corporation
184 Dudley Street Suite 102RoxburyMA02119043296338Rental Real EstateMAN/AC0
Madison Ruggles Shawmut Inc
184 Dudley Street Suite 102RoxburyMA02119651251191Rental Real EstateMAN/AC0
Interfaith Housing Developers
184 Dudley Street Suite 102RoxburyMA02119161644815Rental Real EstateMAN/AC0
Adams Orchards Inc
184 Dudley Street Suite 102RoxburyMA02119043428514Rental Real EstateMAN/AC0
MTV Inc
184 Dudley Street Suite 102RoxburyMA02119043339765Rental Real EstateMAN/AC0
Madison Davenport Inc
184 Dudley Street Suite 102RoxburyMA02119043428521Rental Real EstateMAN/AC0
School House K W Madison Park and EAF LLC
536 Granite StreetBraintreeMA02184261599663Rental Real EstateMAN/AC0
School House B C Madison Park EAF Genera
536 Granite StreetBraintreeMA02184261599595Rental Real EstateMAN/AC0
Dudley Greenville MM LLC
184 Dudley Street Suite 102RoxburyMA02119451232440Rental Real EstateMAN/AC0
Madison Park IV GP LLC
184 Dudley Street Suite 102RoxburyMA02119453261293Rental Real EstateMAN/AC0
Madison Botolph GP Inc
184 Dudley Street Suite 102RoxburyMA02119462311065Rental Real EstateMAN/AC0
MPiii TOWNHOMES MM LLC
184 Dudley Street Suite 102RoxburyMA02119473661174Rental Real EstateMAN/AC0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1RESIDENTIAL LPSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeLTransactionTypeTxt
Involved$179,914InvolvedAmt
Method Of Amount DeterminationCostMethodOfAmountDeterminationTxt