Madison Park Development Corporation
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$53.2M
+44.9% YoY
Annual Giving
$5.3M
+5144.6% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$2.7M
+2522.3% YoY
About Madison Park Development Corporation
Based on IRS filings
Madison Park Development Corporation is a nonprofit organization focused on Housing & Shelter, based in ROXBURY, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53.2M in total assets. In 2024, it awarded 2 grants totaling $5.3M. Net investment income was $266K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $53,164,938 | $36,686,988 | $40,057,422 |
| Revenue | $36,724,245 | $5,036,732 | $4,984,841 |
| Expenses | $19,759,239 | $7,966,807 | $7,547,553 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $265,882 | $223,815 | $1,474,831 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Open Grants
3 open opportunities from Madison Park Development Corporation
Madison Park Next Door Homeownership Program
MADISON PARK DEVELOPMENT CORPORATION
Amount
Up to $100,000 in Boston; Up to $50,000 outside Boston; $25,000 for deed-restricted units
Deadline
Rolling / Open
Madison's Train 2 Trades (MT2T) Program
MADISON PARK DEVELOPMENT CORPORATION
Amount
Varies
Deadline
Rolling / Open
MPDC Workforce Diversity & Development Program
MADISON PARK DEVELOPMENT CORPORATION
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lower Roxbury Community Corporation ($4,969,468), Madison Park Housing Corporation ($378,158).
| Recipient | Purpose | Amount |
|---|---|---|
| LOWER ROXBURY COMMUNITY CORPORATION ROXBURY, MA | GENERAL SUPPORT | $4,969,468 |
| MADISON PARK HOUSING CORPORATION ROXBURY, MA | GENERAL SUPPORT | $378,158 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AYANNA HINES | PRESIDENT | 1 | — |
| CHANDA K SMART | DIRECTOR | 1 | — |
| DWAYNE WATTS | DIRECTOR | 1 | — |
| GLORIA E BROOKS | VICE PRESIDENT | 1 | — |
| IVELISE RIVERA | TREASURER | 1 | — |
| LISA MORISHANTI | DIRECTOR (UNTIL 7/24) | 1 | — |
| MALIK AZIZ | DIRECTOR | 1 | — |
| NINA RUFF | SECRETARY | 1 | — |
| ROBERT L TERRELL | DIRECTOR | 1 | — |
| SONRISA HAYNES | DIRECTOR | 1 | — |
| VICTORIA LYNN AWKWARD | DIRECTOR (UNTIL 7/24) | 1 | — |
| EVELYN BARNES | CFO (UNTIL 06/24) | 40 | $56,619 |
| INGRID TUCKER | INTERIM CHIEF EXECUTIVE OFFICER | 40 | $246,330 |
| INTIYA AMBROGI-ISAZA | VICE PRESIDENT OF REAL ESTATE | 40 | $197,203 |
| LESLIE A REID | CHIEF EXECUTIVE OFFICER | 40 | $167,234 |
| ANTONIO RODRIGUEZ | SENIOR ASSET MANAGER | 40 | $137,420 |
| AYANNA CUNDIFF | DIRECTOR OF PEOPLE & CULTURE | 40 | $147,075 |
| ERICA DAVIS | DEWITT CENTER DIRECTOR | 40 | $114,911 |
| LYNDON HADYN VINCENT | DIRECTOR OF YOUTH DEVELOPMENT & COMMUNITY SUPPORT | 40 | $134,694 |
| OREN RICHKIN | SENIOR PROJECT MANAGER | 40 | $116,605 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Madison Park Development Corporation?
Madison Park Development Corporation is a nonprofit organization focused on Housing & Shelter, based in ROXBURY, MA. It holds $53.2M in total assets as of 2024.
How large is Madison Park Development Corporation?
As of 2024, Madison Park Development Corporation holds $53.2M in total assets with $36.7M in annual revenue. It awarded 2 grants totaling $5.3M in 2024.
Where does Madison Park Development Corporation operate?
Madison Park Development Corporation has awarded grants in Massachusetts.
What size grants does Madison Park Development Corporation award?
In 2024, Madison Park Development Corporation awarded 2 grants totaling $5.3M — an average of about $2.7M per grant, based on its IRS Form 990 filings.
What is Madison Park Development Corporation's EIN?
Madison Park Development Corporation's EIN (Employer Identification Number) is 23-7164223. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Madison Park Development Corporation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.