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Filing year 2023

MADISON STREET PROPERTIES INC

Baltimore, Maryland·EIN 52-1949813·NTEE S500 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$45M
Total assets
$194.7M
Total expenses
$45M
Reported officers
12
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Vp-facilities
Key Employee
75th to 90th percentile
$333k
$366k
Base
$259k
Bonus
$30k
Other
$24k
Benefits
$940
Avp-facilities
Highest Compensated Employee
75th to 90th percentile
$226k
$249k
Base
$176k
Bonus
$18k
Other
$12k
Benefits
$9k
Avp-facilities
Highest Compensated Employee
75th to 90th percentile
$202k
$222k
Base
$144k
Bonus
$10k
Other
$10k
Benefits
$28k
Avp-facilities
Highest Compensated Employee
Median to 75th percentile
$196k
$215k
Base
$162k
Bonus
$8k
Other
$6k
Benefits
$9k
President & CEO
Median to 75th percentilevs Community Improvement & Capacity Building peers in Maryland
$156k
$172k
Base
$64k
Bonus
$20k
Other
$24k
Benefits
$4k
Coo/administrator/secretary
Secretary (Operational)
75th to 90th percentile
$146k
$161k
Base
$65k
Bonus
$20k
Other
$23k
Benefits
$2k
SVP - Human Resources
Senior Vice President
10th to 25th percentile
$103k
$114k
Base
$36k
Bonus
$5k
Other
$8k
Benefits
$4k
Svp-finance/treasurer
Median to 75th percentile
$95k
$104k
Base
$45k
Bonus
$7k
Other
$6k
Benefits
$2k
VP - General Counsel (part Year)
Board Vice President
10th to 25th percentile
$87k
$95k
Base
$33k
Bonus
$4k
Other
$2k
Benefits
$4k
Chairperson
Board Chair
25th percentile to median
$10k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MADISON STREET PROPERTIES INC equaled 0.7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
0.7%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 4%
from 2022

From $321k in 2022 to $333k in 2023.

$321k
2022
$333k
2023
In today's dollarsEst.
Roughly flat in real terms$367k to $366k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 9% from 2022 to 2023, while revenue rose 10%.

$207k in 2022 to $226k in 2023.
  • Chief Executive Officer pay rose 1% from 2022 to 2023.
  • Secretary (Operational) pay rose 1% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MADISON STREET PROPERTIES INC

What does the Key Employee of MADISON STREET PROPERTIES INC earn?

In 2023, the Key Employee of MADISON STREET PROPERTIES INC received $332,698 in total compensation. This pay is in the top quarter for Key Employee roles among Community Improvement & Capacity Building organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at MADISON STREET PROPERTIES INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Key Employee at MADISON STREET PROPERTIES INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MADISON STREET PROPERTIES INC equaled 0.7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are MADISON STREET PROPERTIES INC's revenue and expenses?

In 2023, MADISON STREET PROPERTIES INC reported $45M in total revenue and $45M in total expenses on its IRS Form 990.

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