Stadium Place INC FY2022 filing

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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.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$74K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $81K a year · 35% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$74K
to officers and key staff · 30% of spending
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $788K in investments, Pt X · Ln 11–13
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$78K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$90K
-63% vs prior year
Spent
$246K
To programs
79%
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$90K
FY2022▼ -63%
Tap a bar for its year
Revenue by fiscal year
FY2020$836K
FY2021$243K
FY2022$90K
FY2023$28K
FY2024$3K
FY2025$183K
Expenses
$246K
FY2022▼ -10%
Tap a bar for its year
Expenses by fiscal year
FY2020$344K
FY2021$273K
FY2022$246K
FY2023$328K
FY2024$313K
FY2025$363K
Net assets
$1.4M
FY2022▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.6M
FY2021$1.6M
FY2022$1.4M
FY2023$1.1M
FY2024$830K
FY2025$650K

From the FY2022 Form 990 (year ending March 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $195K Management & general 21% · $51K Fundraising 0% · $425

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $74K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Chief Program Officer
$55,352Pt VII · Sec A
$19,125Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Ted Gross’s $64K as Chief Program Officer is at the 53rd percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Ted Gross$63,650$57,591$58,404$55,352$57,949$58,007
Nichole Doye Battle$42,750$19,652$19,620$19,125$3,263$39,540

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Stadium Place INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops mixed-income retirement communities offering care and support for older adults.

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1 program · $195K · in their own filed words · FY2021
01

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.

$195Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$90K
Ln 12
Fees for servicesLn 2g$200K
Gifts and grantsLn 1h$55K
Investment incomeLn 3$4
Money outPt IX
$246K
Ln 25
Programscol B$195K
Managementcol C$51K
Fundraisingcol D$425
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$56K
Total assetsLn 16$1.5M
LiabilitiesLn 26$78K
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$55K
Government grantsLn 1e$41K
Fees for servicesLn 2g$200K
Investment incomeLn 3$4
Total revenueLn 12$90K
Assets in detailPt X, end of year
CashLn 1$56K
Cash and savings togetherLn 1–2$56K
InvestmentsLn 11–13$788K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$674K
Total assetsLn 16$1.5M
LiabilitiesLn 26$78K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 693
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$143K$56K
InvestmentsLn 11–13$953K$788K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$1.7M$1.5M
LiabilitiesLn 26$86K$78K
Net assetsLn 32$1.6M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$65K$59K$5K$425
Other salaries and wagesLn 7$85K$85K
Other employee benefitsLn 9$16K$11K$4K
Payroll taxesLn 10$16K$15K$1K
Accounting feesLn 11c$16K$5K$10K
Other fees for servicesLn 11g$18K$6K$12K
Advertising and promotionLn 12$285$95$190
Office expensesLn 13$10K$4K$6K
OccupancyLn 16$9K$3K$6K
TravelLn 17$857$553$304
InterestLn 20$2K$524$1K
Depreciation, depletion and amortizationLn 22$929$310$619
Other expenses (24a–d)Ln 24$9K$5K$4K
All other expensesLn 24e$915$455$460
Total functional expensesLn 25$246K$195K$51K$425

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 17, 2026 $183K$363K−$180K$650K 990 PDF
FY2024Filed with the IRS Feb 18, 2025 $3K$313K−$310K$830K 990 PDF
FY2023Filed with the IRS Feb 14, 2024 $28K$328K−$300K$1.1M 990 PDF
FY2022 ViewingFiled with the IRS Feb 3, 2023 $90K$246K−$156K$1.4M 990 PDF
FY2021Filed with the IRS Feb 15, 2022 $243K$273K−$30K$1.6M 990 PDF
FY2020Filed with the IRS Feb 11, 2021 $836K$344K$492K$1.6M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $90,203 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $47,507$54,652
I-9 Program service revenuePrior year $195,287$200,033
I-10 Investment incomePrior year $21$4
I-11 Other revenuePrior year $0−$164,486
I-12 Total revenuePrior year $242,815$90,203
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $204,229$180,811
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $68,751$65,370
I-18 Total expensesPrior year $272,980$246,181
I-19 Revenue less expensesPrior year −$30,165−$155,978
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $90,203 across 7 lines filed
VIII-1e Government grants$41,381
VIII-1f All other contributions, gifts and grants$13,271
VIII-1h Total contributions, gifts and grants$54,652
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $200,033$200,033
VIII-3 Investment incomeExcluded from tax $4$4
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission −$164,486−$164,486
VIII-12 Total revenueRelated to mission $35,547 · Unrelated business $0 · Excluded from tax $4$90,203
Part IX · Statement of functional expenses $246,181 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $59,439 · Management $4,825 · Fundraising $425$64,689
IX-7 Other salaries and wagesPrograms $84,976$84,976
IX-9 Other employee benefitsPrograms $11,192 · Management $4,381$15,573
IX-10 Payroll taxesPrograms $14,510 · Management $1,063$15,573
IX-11c Accounting feesPrograms $5,208 · Management $10,416$15,624
IX-11g Other fees for servicesPrograms $5,833 · Management $11,667$17,500
IX-12 Advertising and promotionPrograms $95 · Management $190$285
IX-13 Office expensesPrograms $3,862 · Management $6,438$10,300
IX-16 OccupancyPrograms $2,845 · Management $5,690$8,535
IX-17 TravelPrograms $553 · Management $304$857
IX-20 InterestPrograms $524 · Management $1,049$1,573
IX-22 Depreciation, depletion and amortizationPrograms $310 · Management $619$929
IX-24 Other expenses (24a–d)Programs $5,085 · Management $3,767$8,852
IX-24e All other expensesPrograms $455 · Management $460$915
IX-25 Total functional expensesPrograms $194,887 · Management $50,869 · Fundraising $425$246,181
Part X · Balance sheet $1,517,941 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $142,814$56,191
X-4 Accounts receivableStart of year $542$392
X-10c Land, buildings and equipment, netStart of year $0$0
X-13 Program-related investmentsStart of year $952,975$787,804
X-15 Other assetsStart of year $585,594$673,554
X-16 Total assetsStart of year $1,681,925$1,517,941
X-17 Accounts payable and accrued expensesStart of year $5,825$2,229
X-25 Other liabilitiesStart of year $55,354$54,706
X-26 Total liabilitiesStart of year $86,317$78,310
X-27 Net assets without donor restrictionsStart of year $1,545,608$1,389,631
X-28 Net assets with donor restrictionsStart of year $50,000$50,000
X-32 Total net assets or fund balancesStart of year $1,595,608$1,439,631
X-33 Total liabilities and net assetsStart of year $1,681,925$1,517,941
Part XI · Reconciliation of net assets $1,439,631 net assets at year end
XI-1 Total revenue$90,203
XI-2 Total expenses$246,181
XI-3 Revenue less expenses−$155,978
XI-4 Net assets at start of year$1,595,608
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,439,631

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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