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Medici Road

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813752369 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Medici Road?

Medici Road is a nonprofit organization situated in Washington, D.C., specifically at 1629 K Street NW Suite 300. Their primary focus is on creating equitable communities by linking housing, gun violence, and social emotional learning through research and policy developments. Their recent endeavor involves purchasing the Deanwood Station property with the intention of transforming it into more affordable housing within the community. Medici Road's mission is to combat poverty by developing innovative education, housing, and public health solutions that dismantle systemic racial inequalities. With a team of seven dedicated individuals, Medici Road continues to strive towards their goals.


Official website here: www.mediciroad.org

Is Medici Road legitimate?

Medici Road is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medici Road submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $95,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $517,859

For more financial information, click here


Official website here: www.mediciroad.org

What is the mission statement of Medici Road?

Medici Road's mission is centered around reducing poverty and promoting equity in communities. They aim to accomplish this by developing, providing research, and establishing policies that interlink housing, gun violence, and social emotional learning. The ultimate goal is to create equitable communities. Medici Road has initiated projects such as purchasing the Deanwood Station property with the aim of developing it to provide more affordable housing in the community. The organization's work is geared towards uprooting systemic racial inequalities through education, housing, and public health solutions.


Official website here: www.mediciroad.org

What is the revenue of Medici Road?

Medici Road's revenue in 2023 was $776,151.


Official website here: www.mediciroad.org

Who are the executives of Medici Road and what are their salaries?

The average compensation at Medici Road during 2023 was $43,805. There are 14 employees and 6 volunteers at Medici Road.

Here are 7 key members and their salaries:


Thomas E Houston Iii (Executive Director)
  • Compensation: $91,657
  • Related: $0
  • Other: $3,748
Sophia Kerby (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Butler (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nevasha Noble (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sesso Igbazua (Treasurer Until 06/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khadeen Grant (Program Manager)
  • Compensation: $100,314
  • Related: $0
  • Other: $8,224
Mekaelia Davis (Director Until 02/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mediciroad.org

Where can I find the form 990 for Medici Road?

Medici Road's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mediciroad.org

Learn more at the official website: www.mediciroad.org

Mission Statement of Medici Road

Medici Road, a nonprofit organization, is dedicated to reducing poverty and promoting equity in communities by developing, providing, and advocating for education, housing, and public health solutions. Their mission is to address systemic racial inequalities and link housing, gun violence, and social emotional learning together, with the aim of creating more equitable communities. To accomplish this, Medici Road has purchased the property known as Deanwood Station, intending to develop it to provide more affordable housing in the community.

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Impact




July, 2024

Medici Road's impact lies in its efforts to develop, provide research, and policies that link housing, gun violence, and social-emotional learning in the pursuit of creating equitable communities. By focusing on these interconnected issues, Medici Road aims to address systemic racial inequalities and reduce poverty. Through initiatives like the purchase of Deanwood Station property to develop affordable housing, Medici Road is actively working towards tangible solutions that can uplift communities in Washington, DC and beyond.




This information is meant to be a general summary of Medici Road. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$776,151 (2023)
Expenses
$1,177,289 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $82
  • Program Service Revenue: $66,783
  • Gross Receipts: $776,151

Assets and Liabilities:

  • Total Assets: $4,259,808
  • Total Liabilities: $3,573,784
  • Net Assets: $686,024

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$66,783

Organization Details

Founding Year

2016

Principal Officer

Thomas E Houston Iii

NTEE Category

Code: P20 - Human services

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