Nonprofit · EIN 52-0781193
BROADWAY DEVELOPMENT CORPORATION
Tax-exempt · BALTIMORE, MD 21211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,789,649 | $1,793,349 | $996,300 | $7,752,574 | $5,207,853 | $2,544,721 |
| June 30, 2024 | 990 | $2,568,147 | $2,263,875 | $304,272 | $6,541,826 | $4,993,405 | $1,548,421 |
| June 30, 2023 | 990 | $2,466,876 | $2,736,526 | -$269,650 | $5,280,893 | $4,043,869 | $1,237,024 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,604,336
- Investment income
- $185,313
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $248,448
- Depreciation
- $339,098
Balance sheet and other
- Total assets, start of year
- $6,541,826
- Total assets, end of year
- $7,752,574
- Total liabilities, end of year
- $5,207,853
- Net assets, end of year
- $2,544,721
- Land, buildings and equipment
- $2,992,370
- Net assets without donor restrictions
- $2,544,721
- Gross receipts
- $2,789,649
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1950
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN SOWERS | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| CHERYL SADRO | DIRECTOR Trustee or director | 1 | $0 |
| FRANCIS KNOTT | DIRECTOR Trustee or director | 1 | $0 |
| JOHNNIE WATSON | DIRECTOR Trustee or director | 1 | $0 |
| LAURENT HELLER | DIRECTOR Trustee or director | 1 | $0 |
| SALLY MACCONNELL | Director Trustee or director | 1 | $0 |
| SCOTT JONAS | DIRECTOR Trustee or director | 1 | $0 |
| WALTER PINKARD JR | DIRECTOR Trustee or director | 1 | $0 |
| MITCHELL BONANNO | PRESIDENT Officer | 1 | $0 |
| NICOLE SMITH | TREASURER Officer | 1 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN SOWERS | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| CHERYL SADRO | DIRECTOR Trustee or director | 1 | $0 |
| FRANCIS KNOTT | DIRECTOR Trustee or director | 1 | $0 |
| JOHNNIE WATSON | DIRECTOR Trustee or director | 1 | $0 |
| LAURENT HELLER | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL LARSON | DIRECTOR Trustee or director | 1 | $0 |
| SALLY MACCONNELL | Director Trustee or director | 1 | $0 |
| SCOTT JONAS | DIRECTOR Trustee or director | 1 | $0 |
| WALTER PINKARD JR | DIRECTOR Trustee or director | 1 | $0 |
| MITCHELL BONANNO | PRESIDENT Officer | 1 | $0 |
| NICOLE SMITH | TREASURER Officer | 1 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN SOWERS | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| FRANCIS KNOTT | DIRECTOR Trustee or director | 1 | $0 |
| JOHNNIE WATSON | DIRECTOR Trustee or director | 1 | $0 |
| LAURENT HELLER | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL LARSON | DIRECTOR Trustee or director | 1 | $0 |
| SALLY MACCONNELL | Director Trustee or director | 1 | $0 |
| SCOTT JONAS | DIRECTOR Trustee or director | 1 | $0 |
| WALTER PINKARD JR | DIRECTOR Trustee or director | 1 | $0 |
| MITCHELL BONANNO | PRESIDENT Officer | 1 | $0 |
| NICOLE SMITH | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3910 KESWICK ROAD N4327B, BALTIMORE, MD 21211-2226
- In care of
- % TERENCE WARNER
- Principal officer (990 for 2024)
- Mitchell Bonanno, 3910 Keswick Road N4327B, Baltimore, MD 21211
- Signed the 990
- MITCHELL BONANNO, PRESIDENT
- Phone
- (443) 997-8688
Mission
NONE
Program accomplishments
- BROADWAY DEVELOPMENT CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ACQUIRING AND HOLDING TITLE TO REAL PROPERTY, COLLECTING INCOME FROM THAT PROPERTY, AND REMITTING THE ENTIRE AMOUNT OF INCOME FROM THE PROPERTY (LESS EXPENSES) TO ITS SHAREHOLDERS, THE JOHNS HOPKINS UNIVERSITY (JHU) AND JOHNS HOPKINS HEALTH SYSTEM CORPORATION (JHHS). JHU AND JHHS ARE IRC SECTION 501(C)(3) ORGANIZATIONS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-0781193
- Tax-exempt status
- 501(c)(25): Title-holding corporation for multiple parents
- Donations deductible
- No
- Exempt since
- 1976
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,752,574
- Income (IRS master file)
- $2,789,649
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,789,649 | $1,793,349 | $7,752,574 | IRS |
| 990 | June 2024 | $2,568,147 | $2,263,875 | $6,541,826 | IRS |
| 990 | June 2023 | $2,466,876 | $2,736,526 | $5,280,893 | XML |
| 990 | June 2022 | $2,209,564 | $2,479,252 | $4,128,781 | IRS |
| 990 | June 2021 | $1,902,912 | $2,147,310 | $3,488,112 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-0781193).
Questions about BROADWAY DEVELOPMENT CORPORATION
- What is the EIN of BROADWAY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of BROADWAY DEVELOPMENT CORPORATION is 52-0781193.
- Is BROADWAY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(25) since 1976.
- Are donations to BROADWAY DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BROADWAY DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BROADWAY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BROADWAY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BROADWAY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names Mitchell Bonanno.
- Who are the officers and directors of BROADWAY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does BROADWAY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,789,649, expenses of $1,793,349 and total assets of $7,752,574 at year end.
Other nonprofits in BALTIMORE
- JOHNS HOPKINS UNIVERSITY EIN 52-0595110 · last filed 990 for 2025
- THE JOHNS HOPKINS HOSPITAL EIN 52-0591656 · last filed 990 for 2025
- SINAI HOSPITAL OF BALTIMORE INC EIN 52-0486540 · last filed 990 for 2025
- JOHNS HOPKINS ALL CHILDRENS HOSPITAL INC EIN 59-0683252 · last filed 990 for 2025
- JOHNS HOPKINS BAYVIEW MEDICAL CENTER INC EIN 52-1341890 · last filed 990 for 2025
- THE JOHNS HOPKINS HEALTH SYSTEM CORPORATION EIN 52-1465301 · last filed 990 for 2025
- LUCY WEBB HAYNES NATIONAL TRAINING SCHOOL FOR DEACONESSES AND MISSION EIN 53-0196602 · last filed 990 for 2025
- JACK AND NANCY DWYER WORKFORCE DEVELOPMENT CENTER INC EIN 86-2555082 · last filed 990 for 2024