Madison Street Properties Inc
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.
Madison Street Properties Inc at a glance
- Total assets
- $191,371,915
- -1.7% vs 2024
- Revenue (2025)
- $44,693,777
- -0.7% vs 2024
- Expenses (2025)
- $44,693,777
- -0.7% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Madison Street Properties Inc funds
How this funder distributes its grants
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 5 grants of 10 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Madison Street Properties Inc gives
- Giving fell 93% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $243K (2023) to $3.4M (2020). In 2023 it made 2 grants totaling $243K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kennedy Krieger Children's Hospital Baltimore, MD | Support Operating Needs of the Organization | $199,220 |
| Hugo W Moser Research Institute at Kennedy Krieger Inc Baltimore, MD | Support Operating Needs of the Organization | $43,429 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $191,371,915 | $44,693,777 | $44,693,777 | — | — | — |
| 2024 | $194,704,930 | $45,008,000 | $45,002,708 | — | — | $5,291 |
| 2023 | $195,209,302 | $40,794,206 | $41,793,221 | $242,649 | 2 | $18,991 |
| 2022 | $145,848,633 | $37,883,778 | $39,111,827 | $1,166,934 | 4 | — |
| 2021 | $154,077,614 | $36,794,254 | $36,792,487 | $1,623,022 | 4 | $1,692 |
| 2020 | $159,893,181 | $35,930,246 | $38,729,337 | $3,401,351 | 4 | $904 |
About Madison Street Properties Inc
Based on IRS filings
Madison Street Properties Inc is a public charity focused on Community Improvement & Capacity Building, based in Baltimore, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $191.4M in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Madison Street Properties Inc is led by Bradley L. Schlaggar MD PhD, President & CEO on every filing since 2020; 9 of 12 officers listed in 2025 are compensated.
Officers on the 2025 filing
Bradley L. Schlaggar MD PhD
President & CEO
On filings since 2020
4 hrs/week
$92K (2020) → $108K (2025)
Ronald R. Peterson
Chairperson
Vice Chairman → Vice Chairperson, 2024
Vice Chairperson → Chairperson, 2025
On filings since 2023
1 hr/week
No compensation reported
Bonnie Knight
Avp-Facilities
Director of Planning & Engineering → Director of Planning & Eng, 2021
Director of Planning & Eng → Avp-Facilities, 2024
On filings since 2020
40 hrs/week
$114K (2020) → $213K (2025)
George Thomas
Vp-Facilities
Vice President of Facilities → Vp-Facilities, 2024
On filings since 2020
40 hrs/week
$194K (2020) → $330K (2025)
James M. Anders Jr.
COO, Administrator & Secretary
Secretary → COO, Administrator & Secretary, 2024
On filings since 2020
4 hrs/week
$97K (2020) → $104K (2025)
Michael J. Neuman
Svp-Finance & Treasurer
Treasurer → Svp-Finance & Treasurer, 2024
On filings since 2020
4 hrs/week
$45K (2020) → $55K (2025)
Raymond Short
Senior Vice President - Human Resources
Vice President of Human Resources → Senior Vice President - Human Resources, 2024
On filings since 2020
4 hrs/week
$30K (2020) → $47K (2025)
Daniel Hendrickson
Avp-Facilities
Director of Safety → Avp-Facilities, 2024
On filings since 2022
40 hrs/week
$135K (2022) → $202K (2025)
Debra Grimm
Avp-Facilities
Assistant Vice President of Facilities → Avp-Facilities, 2024
On filings since 2022
40 hrs/week
$133K (2022) → $172K (2025)
Valerie Bonham
Vice President - General Counsel
Vice President of General Counsel → Vice President - General Counsel, 2024
On filings since 2022
4 hrs/week
$31K (2022) → $50K (2025)
Nancy Grasmick Ed D.
Former Chairperson
Chair Woman → Chairperson, 2024
Chairperson → Former Chairperson, 2025
On filings since 2022
No compensation reported
Matthew Gotlin
Vice Chairperson
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (8)
- Former: Richard W. Cass (2022–2024) — Director
- Former: Eddie Moore (2020–2023) — Carpenter
- Former: Gary W. Goldstein MD (2020–2021) — Former President & CEO
- Former: Michael J. Batza Jr. (2020–2021) — Director & Chairman
- Former: Robert L. Wallace (2020–2021) — Director
- Former: Stephen M. Keelty (2020–2021) — Director
- Former: Ken Davis (2020) — Vice President of Information Systems
- Former: Toby S. Buzzuto (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $330K, to George Thomas (VP-Facilities). 9 officers or directors reported compensation on that filing.
Frequently asked questions about Madison Street Properties Inc
How large is Madison Street Properties Inc?
Madison Street Properties Inc reported $191.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $44.7M.
What is Madison Street Properties Inc?
Madison Street Properties Inc is a public charity focused on Community Improvement & Capacity Building, based in Baltimore, MD. It holds $191.4M in total assets as of 2025.
Where does Madison Street Properties Inc operate?
Madison Street Properties Inc has awarded grants in Maryland.
What is Madison Street Properties Inc's EIN?
Madison Street Properties Inc's EIN (Employer Identification Number) is 52-1949813. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 10, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
Live grants for the work Madison Street Properties Inc funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Madison Street Properties Inc's focus areas in our free grants database
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Madison Street Properties Inc down — hundreds of funders to go?