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Organizations Madison Heritage Apartments Inc.

Madison Heritage Apartments Inc.

Fiscal year ending 2022. Filed on December 20, 2022.

911 N Studebaker Road
Long Beach, California 90815

Madison Heritage Apartments Inc. (EIN: 35-1601281), also known as Madison Heritage Apartments, has filed an IRS Form 990 between fiscal years 2017 and 2025. In its fiscal year 2022 IRS Form 990 filing, Madison Heritage Apartments Inc., a 501(c)(3) charitable organization, reported compensation for 24 employees. Among the employees shown here, the average compensation is $234,304. The highest compensated employee at Madison Heritage Apartments Inc. is Stuart J Hartman with fiscal year 2022 compensation of $602,225.

Revenue, expenses, and employee compensation

Revenue

$296,450

Expenses

$291,516

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Stuart J Hartman
President and Chief Executive Officer
$602,225
$0 $529,406 $72,819
Robert R Amberg
Senior Vice President and General Counsel
$446,562
$0 $400,678 $45,884
Dr Laverne R Joseph
Former President and CEO
$399,323
$0 $370,863 $28,460
Frank Rossello Jr
Chief Financial Officer and Vice President, Finance
$308,905
$0 $285,306 $23,599
Anders Plett
Vice President, Acquisitions and Project Development
$287,385
$0 $249,358 $38,027
Nada Battaglia
Vice President, Human Resources
$266,306
$0 $225,577 $40,729
Vincent B Magnone
Vice President, Treasury and Investment
$262,406
$0 $228,343 $34,063
Perry Glenn
Vice President, Housing Operations
$246,120
$0 $215,812 $30,308
Stephanie Titus
Vice President, Philanthropy
$240,030
$0 $199,807 $40,223
Deborah J Stouff
Vice President, Corporate Records
$238,216
$0 $215,329 $22,887
David W Napierskie
Vice President, Health Care Operations
$223,728
$0 $220,808 $2,920
Kevin Gilchrist
Senior Director of Development Finance
$199,482
$0 $184,532 $14,950

Benchmark Employee Compensation

Non-Employee Board Members

Desna Ratcliff
President
Harriette Parton
Treasurer

Mission Statement

MADISON HERITAGE APARTMENTS INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 30 UNIT COMMUNITY KNOWN AS MADISON HERITAGE APARTMENTS LOCATED IN MADISON, INDIANA, WHICH PROVIDES HOUSING FOR LOW-INCOME ELDERLY PERSONS. THE CORPORATION RECEIVES HOUSING ASSISTANCE PAYMENTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. DURING THE YEAR ENDED APRIL 30, 2016, THE ORIGINAL MORTGAGE WAS REFINANCED UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED.

Revisions to this organization profile

November 5, 2025:
2025 Madison Heritage Apartments Inc. 990 filed
December 14, 2023:
2023 Madison Heritage Apartments Inc. 990 filed
December 20, 2022:
2022 Madison Heritage Apartments Inc. 990 filed

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