Madison Avenue Development Corporation

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Promotion of Business (NTEE)

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 Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$52,480
Expenses
$57,514
Net Income
-$5,034
Net Assets
$24,457
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $15,000
28.6%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $91,783
Total Liabilities $67,326
Net Assets $24,457
Compensation
Key Employees and Officers Compensation Other
Keith Thompson (Vp Treasurer) $7,200 $0
Gina Sammons (President) $0 $0
Joyce Richardson (Recording Secretary) $0 $0
Robert Bloom (Member) $0 $0
Roddy Gaither (Member) $0 $0
Cynthia Seivers (Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$56,220
Expenses
$42,812
Net Income
$13,408
Net Assets
$41,332
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $102,782
Total Liabilities $61,450
Net Assets $41,332
Compensation
Key Employees and Officers Compensation Other
Keith Thompson (Treasurer Ed) $7,200 $0
Gina Sammons (President) $0 $0
Joyce Richardson (Secretary) $0 $0
Robert Bloom Esq (Member) $0 $0
Roddy Gaither (Member) $0 $0
Cynthia Seivers (Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$71,193
Expenses
$64,368
Net Income
$6,825
Net Assets
$56,725
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $15,000
21.1%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $112,823
Total Liabilities $56,098
Net Assets $56,725
Compensation
Key Employees and Officers Compensation Other
Keith (Treasurer) $7,200 $0
Joyce (Secretary) $0 $0
Gina (President) $0 $0
Robert (Member) $0 $0
Cynthia (Member) $0 $0
Roddy (Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$60,520
Expenses
$66,805
Net Income
-$6,285
Net Assets
$82,001
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,675
8.5%
Compensation of Officers* $2,700
4.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $139,100
Total Liabilities $57,099
Net Assets $82,001
Compensation
Key Employees and Officers Compensation Other
Keith Thompson (Vp/ Ed) $2,700 $0
Gina Sammons (President) $0 $0
Joyce Richardson (Secretary) $0 $0
Robert Bloom Esq (Member) $0 $0
Roddy Gaither (Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$56,645
Expenses
$43,903
Net Income
$12,742
Net Assets
$81,506
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,618
6.0%
Compensation of Officers* $3,950
9.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $140,732
Total Liabilities $59,226
Net Assets $81,506
Compensation
Key Employees and Officers Compensation Other
Keith Thompson (Vp/ Treas.) $3,950 $0
Gina Sammons (President) $0 $0
Joyce Richardson (Secretary) $0 $0
Robert Bloom Esq (Member) $0 $0
Roddy Gaither (Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$61,352
Expenses
$53,025
Net Income
$8,327
Net Assets
$87,416
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $145,533
Total Liabilities $58,117
Net Assets $87,416
Compensation
Key Employees and Officers Compensation Other
Gina Sammons (President) $0 $0
Keith Thompson (Vp/ Treas.) $0 $0
Joyce Richardson (Secretary) $0 $0
Robert Bloom Esq (Member) $0 $0
Roddy Gaither (Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$61,195
Expenses
$65,960
Net Income
-$4,765
Net Assets
$96,796
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $61,195
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $154,647
Total Liabilities $57,851
Net Assets $96,796
Compensation
Key Employees and Officers Compensation Other
Gina Sammons (President) $0 $0
Keith Thompson (Vp/ Treas.) $0 $0
Joyce Richardson (Secretary) $0 $0
Robert Bloom Esq (Member) $0 $0
Roddy Gaither (Member) $0 $0
Cynthia Sievers (Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$56,220
Expenses
$63,144
Net Income
-$6,924
Net Assets
$115,010
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $75
0.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $174,898
Total Liabilities $59,888
Net Assets $115,010
Compensation
Key Employees and Officers Compensation Other
Gina Sammons (President) $0 $0
Keith Thompson (Vp/ Treas.) $0 $0
Joyce Richardson (Secretary) $0 $0
Robert Bloom Esq (Member) $0 $0
Roddy Gaither (Member) $0 $0
Cynthia Sievers (Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$127,547
Expenses
$130,643
Net Income
-$3,096
Net Assets
$143,909
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5
0.0%
Dividends $0
Sales of Assets $0
Other Income $70,322
55.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $204,129
Total Liabilities $60,220
Net Assets $143,909

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$72,550
Expenses
$57,455
Net Income
$15,095
Net Assets
$165,713
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $224,340
Total Liabilities $58,627
Net Assets $165,713

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$58,536
Expenses
$57,915
Net Income
$621
Net Assets
$159,623
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $893
1.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $219,134
Total Liabilities $59,511
Net Assets $159,623

Document Links

Fiscal Year Ending Dec.
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

Fiscal Year Ending Dec.
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

Fiscal Year Ending Dec.
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

Fiscal Year Ending Dec.
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

Fiscal Year Ending Dec.
2006

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

Fiscal Year Ending Dec.
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

Fiscal Year Ending Dec.
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

About This Data

What Is 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 »

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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.
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  • 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.

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