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Broadway Development Corporation

  • Baltimore, MD
  • Tax-exempt since March 1976
  • EIN: 52-0781193

Organization summary

Type of Nonprofit

Designated as a Title holding corporations or trusts with multiple parent corporations, which hold titles and pay over income from property to 35 or fewer parents or beneficiaries.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$2.47M (2023)

Expenses
$2.74M (2023)

Total Assets
$5.28M (2023)

Total Liabilities
$4.04M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,466,876
Expenses
$2,736,526
Net Income
-$269,650
Net Assets
$1,237,024
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,466,876
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,280,893
Total Liabilities $4,043,869
Net Assets $1,237,024
Compensation
Key Employees and Officers Compensation Related Other
Kevin Sowers (Chairman) $0 $0 $0
Francis Knott (Director) $0 $0 $0
Johnnie Watson (Director) $0 $0 $0
Laurent Heller (Director) $0 $0 $0
Michael Larson (Director) $0 $0 $0
Sally Macconnell (Director) $0 $0 $0
Scott Jonas (Director) $0 $0 $0
Walter Pinkard Jr (Director) $0 $0 $0
Mitchell Bonanno (President) $0 $0 $0
Nicole Smith (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on May 8, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,209,564
Expenses
$2,479,252
Net Income
-$269,688
Net Assets
$1,506,674
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,209,564
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,128,781
Total Liabilities $2,622,107
Net Assets $1,506,674
Compensation
Key Employees and Officers Compensation Related Other
Kevin Sowers (Chairman) $0 $0 $0
Francis Knott (Director) $0 $0 $0
Johnnie Watson (Director) $0 $0 $0
Laurent Heller (Director) $0 $0 $0
Michael Larson (Director) $0 $0 $0
Richard Bennett (Director) $0 $0 $0
Scott Jonas (Director) $0 $0 $0
Walter Pinkard Jr (Director) $0 $0 $0
Mitchell Bonanno (President) $0 $0 $0
Nicole Smith (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on May 10, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,902,912
Expenses
$2,147,310
Net Income
-$244,398
Net Assets
$1,776,362
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,902,912
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,488,112
Total Liabilities $1,711,750
Net Assets $1,776,362
Compensation
Key Employees and Officers Compensation Related Other
Kevin Sowers (Chairman) $0 $0 $0
Francis Knott (Director) $0 $0 $0
Jane Schlegel (Trustee (Partial Year)) $0 $0 $0
Michael Larson (Director) $0 $0 $0
Richard Bennett (Director) $0 $0 $0
Scott Jonas (Director) $0 $0 $0
Walter Pinkard Jr (Director) $0 $0 $0
Mitchell Bonanno (President) $0 $0 $0
Nicole Smith (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 1, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,708,956
Expenses
$1,978,642
Net Income
-$269,686
Net Assets
$2,020,760
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,708,956
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,849,796
Total Liabilities $829,036
Net Assets $2,020,760

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,659,972
Expenses
$1,941,681
Net Income
-$281,709
Net Assets
$2,290,446
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,659,972
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,637,694
Total Liabilities $347,248
Net Assets $2,290,446

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,619,694
Expenses
$1,903,678
Net Income
-$283,984
Net Assets
$2,572,155
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,619,694
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,896,633
Total Liabilities $324,478
Net Assets $2,572,155

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,428,576
Expenses
$1,704,950
Net Income
-$276,374
Net Assets
$2,856,139
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,428,576
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,561,879
Total Liabilities $705,740
Net Assets $2,856,139

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,442,657
Expenses
$1,700,952
Net Income
-$258,295
Net Assets
$3,132,513
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,442,657
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,875,312
Total Liabilities $742,799
Net Assets $3,132,513

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,207,955
Expenses
$1,466,231
Net Income
-$258,276
Net Assets
$3,390,808
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,207,955
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,390,797
Total Liabilities $999,989
Net Assets $3,390,808

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,272,985
Expenses
$1,516,488
Net Income
-$243,503
Net Assets
$3,649,084
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,272,985
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,590,864
Total Liabilities $941,780
Net Assets $3,649,084

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,085,883
Expenses
$1,361,053
Net Income
-$275,170
Net Assets
$3,892,587
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,085,883
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,902,923
Total Liabilities $1,010,336
Net Assets $3,892,587

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,202,392
Expenses
$1,464,399
Net Income
-$262,007
Net Assets
$4,167,757
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,202,392
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,909,018
Total Liabilities $741,261
Net Assets $4,167,757

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,151,346
Expenses
$1,416,278
Net Income
-$264,932
Net Assets
$4,429,764
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,151,346
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,548,119
Total Liabilities $1,118,355
Net Assets $4,429,764

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated