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Nonprofit · EIN 94-3188225

MADISON PARK HOUSING INC

Tax-exempt · OAKLAND, CA 94612

Financials

$4.4M$5.7M2023$6.3M$7.3M2024
Revenue Expenses · by fiscal year end
Financials of MADISON PARK HOUSING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,250,409$7,348,681-$1,098,272$0$631,466-$631,466
December 31, 2023990$4,355,927$5,727,979-$1,372,052$889,712$0$889,712
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$6,250,409
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$7,348,681

Balance sheet and other

Total assets, start of year
$889,712
Total assets, end of year
$0
Total liabilities, end of year
$631,466
Net assets, end of year
-$631,466
Net assets without donor restrictions
-$631,466
Gross receipts
$6,250,409
Employees
0
Volunteers
0
Year formed
1988
State of legal domicile
CA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JANELLE CHANCHIEF EXECUTIVE OFFICER
Trustee or director, Officer
0.5$0$208,731$16,785
LINA SHETHINTERIM CHIEF EXECUTIVE OFICER
Officer
0.5$0$181,500$998
PAUL CARNEYCHIEF FINANCIAL OFFICER
Officer
0.5$0$110,577$1,104
TED DANGPRESIDENT
Trustee or director, Officer
0.5$0$0$0
RICHARD QUACHSECRETARY
Trustee or director, Officer
0.5$0$0$0
KLEIN LIEUTREASURER
Trustee or director, Officer
0.5$0$0$0
LESLIE FRANCISBOARD MEMBER
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
LINA SHETHINTERIM CHIEF EXECUTIVE OFFICER
Trustee or director, Officer
0.5$223,500$1,740
SEAN SULLIVANINTERIM CHIEF EXECUTIVE OFFICER
Officer
0.5$63,462$800
ANDRE H MADEIRACHIEF EXECUTIVE OFFICER
Officer
0.5$57,828$1,053
TED DANGPRESIDENT
Trustee or director, Officer
0.5$0$0
RICHARD QUACHSECRETARY
Trustee or director, Officer
0.5$0$0
KLEIN LIEUTREASURER
Trustee or director, Officer
0.5$0$0
LESLIE FRANCISBOARD MEMBER
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
1825 SAN PABLO AVENUE SUITE 200, OAKLAND, CA 94612-1517
Principal officer (990 for 2024)
PAUL CARNEY, 1825 SAN PABLO AVENUE SUITE 200, OAKLAND, CA 94612
Signed the 990
PAUL CARNEY, CHIEF FINANCIAL OFFICER
Phone
(510) 287-5353
Return prepared by
NOVOGRADAC & COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 94-3188225 or by the name MADISON PARK HOUSING INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO PARTICIPATE IN PARTNERSHIPS FORMED FOR THE PURPOSE OF DEVELOPING AND OPERATING LOW-INCOME HOUSING

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION SHARES IN THE RENTAL INCOME AND LOSSES OF SEVERAL AFFORDABLE HOUSING PROJECTS.
    Expenses $7,348,681 · revenue $6,250,409

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-3188225
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Income (IRS master file)
$6,250,409

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,250,409$7,348,681$0XML
990December 2023$4,355,927$5,727,979$889,712XML
990December 2022$4,094,498$4,500,804$4,339,730IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 94-3188225).

Questions about MADISON PARK HOUSING INC

What is the EIN of MADISON PARK HOUSING INC?
The employer identification number (EIN) of MADISON PARK HOUSING INC is 94-3188225.
Is MADISON PARK HOUSING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to MADISON PARK HOUSING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MADISON PARK HOUSING INC 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 MADISON PARK HOUSING INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MADISON PARK HOUSING INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MADISON PARK HOUSING INC?
The 990 for the year ended December 31, 2024 names PAUL CARNEY.
Who are the officers and directors of MADISON PARK HOUSING INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does MADISON PARK HOUSING INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,250,409, expenses of $7,348,681 and total assets of $0 at year end.

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