Stadium Place Inc
- Assets
- $1.2m
- Revenue
- $28.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 05/2002
- Data as of
- 03/2023
- EIN
- 52-2197537
Organization Overview
Stadium Place Inc is located in Baltimore, MD. The organization was established in 2002. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stadium Place Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2023, Stadium Place Inc generated $28.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (30.3%) each year. All expenses for the organization totaled $328.4k during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP MIXED INCOME RETIREMENT COMMUNITY FOR OLDER ADULTS IN BALTIMORE. STADIUM PLACE IS A MODEL URBAN RETIREMENT COMMUNITY FOR LOW AND MODERATE INCOME SENIORS THAT WILL OFFER A CONTINUUM OF CARE AND SUPPORTIVE SERVICES TO HELP OLDER ADULTS LIVE ACTIVE LIVES AND AGE IN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STADIUM PLACE, INC. HAS FACILITATED THE DEVELOPMENT OF THE STADIUM PLACE RETIREMENT COMMUNITY WHICH CURRENTLY IS HOME TO OVER 400 OLDER, LOW AND MODERATE INCOME ADULTS RESIDING IN 6 INDEPENDENT LIVING APARTMENT BUILDINGS AND AND THE STADIUM PLACE NURSING AND REHABILITATION CENTER. SUPPORT SERVICES ARE PROVIDED TO SENIORS INCLUDING BENEFITS CHECK-UPS, HEALTH AND WELLNESS ACTIVITIES, EDUCATIONAL PROGRAMMING, TRIPS, SOCIAL EVENTS, INTERGENERATIONAL ACTIVITIES, AND VOLUNTEER OPPORTUNITIES FOR SENIORS TO HELP EACH OTHER AND THE COMMUNITY (NEIGHBOR HELPING NEIGHBOR). THE GOALS ARE TO ENABLE SENIORS TO MAINTAIN THE GREATEST LEVEL OF SELF-SUFFICIENCY POSSIBLE AND ENGAGE IN MEANINGFUL ACTIVITIES IN THE COMMUNITY. THE STADIUM PLACE CAMPUS ALSO IS HOME TO A COMMUNITY-BUILT PLAYGROUND, THE HARRY AND JEANETTE WEINBERG YMCA AT STADIUM PLACE, THE THANKSGIVING PLACE ENTRY PLAZE (A MEDITATIVE GARDEN AND LABYRINTH), THE RIPKEN YOUTH DEVELOPMENT BALLFIELD KNOWN AS MEMORIAL FIELD, STADIUM PLACE NURSING AND REHABILITATION CENTER. GILCHRIST CENTER BALTIMORE AND THE VILLAGE CENTER, A MIXED USE RETAIL, OFFICE AND LUXURY APARTMENT BUILDING NAMED ZEN APARTMENTS.A LARGE NUMBER OF RESIDENTS HAVE ASSISTED IN THE DISTRIBUTION OF FRESH PRODUCE RECEIVED FROM THE MARYLAND FOOD BANK AND A GARDENING CLUB.SUPPORTIVE SERVICES INCLUDE TRANSPORTATION TO LOCAL SHOPPING CENTERS, CHRONIC DISEASE AND OTHER HEALTH EDUCATION PROGRAMS, EATING TOGETHER LUNCH PROGRAM, AND EXERCISE PROGRAMS. SOCIAL ACTIVITIES INCLUDE RESIDENT COUNCIL ACTIVITIES, TRIPS, A SENIOR PROM COORDINATED BY JOHNS HOPKINS UNIVERSITY STUDENTS, AND A FASHION SHOW.DURING FY 2023, THE VILLAGE CENTER MIXED USE DEVELOPMENT WAS COMPLETED, INCLUDING 70 MARKET RATE APARTMENTS NAMED ZEN APARTMENTS AND RETAIL SPACE. IN ADDITION, GILCHRIST CENTER BALTIMORE OPENED A 24 UNIT HOSPICE AT STADIUM PLACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Weiner President | OfficerTrustee | 1 | $0 |
Marie Mcsweeney Anderson Director | Trustee | 1 | $0 |
Vernetta Butler Director | Trustee | 1 | $0 |
Carolyn Caulk Smith Director | Trustee | 1 | $0 |
Larry Tucker Director | Trustee | 1 | $0 |
Nichole Doye Battle CEO | Officer | 5 | $19,620 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $213,848 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,382 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $67,913 |
| Compensation of current officers, directors, key employees. | $1,997 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,693 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,172 |
| Payroll taxes | $17,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,890 |
| Advertising and promotion | $0 |
| Office expenses | $21,468 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,624 |
| Travel | $918 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,235 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $681 |
| Total functional expenses | $328,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,682 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,108 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $891 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $592,112 |
| Intangible assets | $0 |
| Other assets | $524,277 |
| Total assets | $1,216,070 |
| Accounts payable and accrued expenses | $3,031 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $9,482 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $63,917 |
| Total liabilities | $76,430 |
| Net assets without donor restrictions | $1,089,640 |
| Net assets with donor restrictions | $50,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,216,070 |