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Anne Arundel Economic Development Corporation
Community Development · Annapolis, Maryland
2660 Riva Rd Ste 200, Annapolis, MD 21401-7179
EIN: 521810772· Founded: Jun 1994· 32 years active· Filing Year: 2023
Annual Revenue
$3.7M
Total Expenses
$3.7M
Total Assets
$10.6M
Program Spending
14%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$846K
22.7% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$1.0M
Total Payroll
$1.9M
51% of total expenses
Where the Money Goes
14%
Programs: 14%
Payroll: 51%
Other overhead: 86%
Program Revenue$508K (14%)
Total Expenses$3.7M (100%)
Payroll$1.9M (51%)
Overhead (non-program)86%
Trust Score Breakdown
Program Spending Ratio
14% of expenses go to programs
Revenue & Stability
$3.7M annual revenue
Executive Compensation
$846K total officer comp (22.7% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$10.6M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.