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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Madison Street Properties Inc.

Madison Street Properties Inc.

Fiscal year ending 2023. Filed on May 10, 2024.

707 N Broadway
Baltimore, Maryland 21205

Madison Street Properties Inc. (EIN: 52-1949813) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Madison Street Properties Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 128 total employees. Among the employees shown here, the average compensation is $445,599. The highest compensated employee at Madison Street Properties Inc. is Bradley L Schlaggar, M.D., Ph.D. with fiscal year 2023 compensation of $1,003,784.

Revenue, expenses, and employee compensation

Revenue

$40,794,206

Expenses

$41,793,221

Employee compensation

$9,505,333
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bradley L Schlaggar, M.D., Ph.D.
President and Chief Executive Officer
$1,003,784
$108,257 $849,603 $45,924
James M Anders Jr
Secretary
$990,960
$107,911 $846,893 $36,156
Michael J Neuman
Treasurer
$549,310
$58,067 $455,713 $35,530
Raymond Short
Vice President, Human Resources
$513,314
$52,211 $409,755 $51,348
Valerie Bonham
Vice President of General Counsel
$393,093
$39,501 $310,011 $43,581
George Thomas
Vice President, Facilities
$321,373
$296,218 No related comp$25,155
Bonnie Knight
Director of Planning and ENG
$206,847
$188,826 No related comp$18,021
Debra Grimm
ASST Vice President of Facilities
$187,962
$151,033 No related comp$36,929
Daniel Hendrickson
Safety Director
$154,506
$137,478 No related comp$17,028
Eddie Moore
Carpenter
$134,836
$101,865 No related comp$32,971

Benchmark Employee Compensation

Non-Employee Board Members

Nancy Grasmick Ed D
Chair
$95,660
$0 $86,180 $9,480
Richard W Cass
Director
No compensation reported
Ronald R Peterson
Vice Chair
No compensation reported

Contractors

Safeguard Maintenance Corp.
Building Maintenance
$1,854,192
Johns Hopkins
Security Laundry and Trash
$1,419,624
Abacus Corp.
Security
$864,038
Denver-Elek Inc.
Building Maintenance
$694,384
Gensler
Consulting - Space Studies
$478,049

Mission Statement

MADISON STREET PROPERTIES, INC. IS A PROPERTY HOLDING COMPANY AND IS OPERATED EXCLUSIVELY FOR THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF KENNEDY KRIEGER INSTITUTE AND ITS AFFILIATES. MADISON STREET PROPERTIES OWNS ALL REAL PROPERTY AND LEASEHOLD RIGHTS OF THE AFFILIATED CORPORATIONS. IT LEASES/SUBLEASES THIS PROPERTY BACK TO EACH CORPORATE MEMBER OCCUPYING SPACE AND ALSO PROVIDES PROPERTY MANAGEMENT SERVICES, INCLUDING SECURITY, HOUSEKEEPING AND OTHER ANCILLARY FACILITIES MANAGEMENT SERVICES.

Revisions to this organization profile

May 10, 2024:
2023 Madison Street Properties Inc. 990 filed
May 12, 2023:
2022 Madison Street Properties Inc. 990 filed
May 16, 2022:
2021 Madison Street Properties Inc. 990 filed

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