Stadium Place Inc

Nonprofit profile at a glance

EIN
522197537
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Baltimore, MD, USA
Phone
4104332442
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Young Men's or Women's Associations

Official website

Reported finances

Revenue
$183,490
Expenses
$363,419
Assets
$708,324
Liabilities
$58,313

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JAY WEINER (PRESIDENT)
  • NICHOLE DOYE BATTLE (CEO)

Highest reported compensation

  • NICHOLE DOYE BATTLE (CEO): $154,491 total reported compensation
  • TED GROSS (CHIEF PROGRAM OFFICER): $95,923 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To develop an affordable retirement community for low income senior citizens in baltimore city with a full continuum of care to allow aging in community. The stadium place retirement community will maximize the physical, social, and spiritual potential of individuals through a holositic continuum of support services and senior housing.

What it reported doing in 2024

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.gedco staff assisted residents in planning and implementing a variety of activities to increase engagement and reduce social isolation.gedco staff and residents organized opportunities for socialization including a coloring club, exercise classes, healthy eating programs, movie nights, garden club, stadium place choir, arts and crafts classes, and yoga and concerts at thanksgiving place.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 67
  • Accountability: 100
  • Sustainability: 22
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 86.8%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -98.1%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 1.95; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 32.8%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -4.2% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -11.1% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -4.8% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 86.8% of spending went to programs
  • Governance: 6 of 6 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $315K in reported program spending
  • Leadership: top reported pay $154K · 8 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 24 of 25 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 20 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.