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City Of Baltimore Development Corporatio

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

EIN: 521744007 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is City Of Baltimore Development Corporatio?

The City of Baltimore Development Corporation, abbreviated as BDC, is a contracted entity dedicated to economic development within Baltimore, Maryland. Based at 36 S Charles St, Baltimore, this nonprofit organization focuses on retaining and expanding existing businesses, as well as attracting new ones. They collaborate with city government and private partners to deliver services that foster business growth. Their activities encompass business assistance, site analysis, financial packaging, acting as an ombudsman, and promoting and marketing Baltimore. The BDC's mission is to contribute to the city's economic development, ultimately aiming to improve the overall business environment in Baltimore with a workforce of 54 individuals.


Official website here: www.baltimoredevelopment.com

Is City Of Baltimore Development Corporatio legitimate?

City Of Baltimore Development Corporatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Of Baltimore Development Corporatio 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.

Here are some key statistics you may want to consider:

Executive Compensation: $951,380
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,592,673

For more financial information, click here


Official website here: www.baltimoredevelopment.com

What is the mission statement of City Of Baltimore Development Corporatio?

The City of Baltimore Development Corporation (BDC) is contracted to provide economic development services on behalf of the city. Its mission is to collaborate with city government and private partners, working collectively to deliver services that aid in the growth of existing businesses and attract new ones. The BDC's goal is to retain and expand existing employers, thereby contributing to the overall economic development of the city. Their services include business assistance, site analysis, financial packaging, and acting as an ombudsman. Additionally, they promote and market the city, aiming to showcase its potential to potential investors and businesses.


Official website here: www.baltimoredevelopment.com

Who is the CEO of City Of Baltimore Development Corporatio?

Colin Tarbert is the President & Ceo of City Of Baltimore Development Corporatio. The CEO's salary of City Of Baltimore Development Corporatio is $223,738 and their total compensation is $256,106.


Official website here: www.baltimoredevelopment.com

What is the revenue of City Of Baltimore Development Corporatio?

City Of Baltimore Development Corporatio's revenue in 2022 was $7,592,660.


Official website here: www.baltimoredevelopment.com

Who are the executives of City Of Baltimore Development Corporatio and what are their salaries?

The average compensation at City Of Baltimore Development Corporatio during 2022 was $47,112. There are 54 employees at City Of Baltimore Development Corporatio.

Here are 26 key members and their salaries (City Of Baltimore Development Corporatio's CEO's salary is $223,738 and their total compensation is $256,106):

    Colin Tarbert (President & Ceo) [Trustee/Director]
  • Compensation: $223,738
  • Related: $0
  • Other: $32,368

    • Kimberly Clark (Executive Vp)
  • Compensation: $203,108
  • Related: $0
  • Other: $26,221

    • Jeffrey Pillas (Cfo)
  • Compensation: $162,319
  • Related: $0
  • Other: $31,733

    • Nancy Jordan Howard (Coo)
  • Compensation: $130,372
  • Related: $0
  • Other: $22,191

    • Deborah Tillet (Director Of Technology)
  • Compensation: $124,866
  • Related: $0
  • Other: $19,180

    • Larisa Salamacha (Director Business Development)
  • Compensation: $120,020
  • Related: $0
  • Other: $21,640

    • Daniel Taylor (Director Neighborhood Development)
  • Compensation: $117,626
  • Related: $0
  • Other: $23,293

    • Kristin Dawson (Senior Director)
  • Compensation: $107,397
  • Related: $0
  • Other: $14,705

    • David Adamski (Treasury Controller)
  • Compensation: $101,111
  • Related: $0
  • Other: $18,220

    • Augie Chiasera (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Cangialosi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theodore Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elda Devarie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Fraley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miriam Fuchs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Hargrave (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alice Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carim Khouzami (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Raymond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelonda Stokes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mohan Suntha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul E Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Walton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Wells-Sims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arnold Williams Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christy Wyskiel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.baltimoredevelopment.com

    Where can I find the form 990 for City Of Baltimore Development Corporatio?

    The City Of Baltimore Development Corporatio’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.baltimoredevelopment.com

    Learn more at the official website: www.baltimoredevelopment.com

    Mission Statement of City Of Baltimore Development Corporatio

    The City of Baltimore Development Corporation (BDC) is tasked with providing economic development services on behalf of the city of Baltimore. Their mission is multifaceted, aiming to retain and expand existing businesses while attracting new ones. To achieve this, BDC collaborates with city government and private partners, offering a range of services designed to aid business growth. These services include business assistance, site analysis, financial packaging, and an ombudsman role, as well as promoting and marketing Baltimore as a desirable location for businesses.

    Impact

    This information is meant to be a general summary of City Of Baltimore Development Corporatio. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The City Of Baltimore Development Corporation plays a pivotal role in promoting economic development and growth within Baltimore. By providing essential services such as business assistance, site analysis, financial packaging, and acting as an ombudsman, the organization actively supports the retention and expansion of existing businesses while attracting new ones to the city. Through collaboration with city government and private partners, the City Of Baltimore Development Corporation works towards fostering a thriving business environment, ultimately contributing to the overall improvement of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $142,569
  • Program Service Revenue: $3,538,312
  • Gross Receipts: $7,592,660

    • Assets and Liabilities:
  • Total Assets: $34,390,220
  • Total Liabilities: $39,309,129
  • Net Assets: -$4,918,909
  • Programs

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

    OTHER FEES

    Revenue

    $2,643,400

    BALTIMORE CITY FUNDING

    Revenue

    $894,912

    Organization Details

    Founding Year

    1991

    Principal Officer

    Colin Tarbert

    Main Address

    36 S CHARLES ST, BALTIMORE, MD, 21201

    NTEE Category

    Code: S310 - Community improvement

    If you are a representative of City Of Baltimore Development Corporatio and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.