CSCharityScored
73

Maryland Economic Development Association Inc

Community Development · Hvre De Grace, Maryland

Po Box 124, Hvre De Grace, MD 21078-0124

EIN: 522242009· Founded: Jul 2000· 26 years active· Filing Year: 2023

Annual Revenue

$278K

Total Expenses

$239K

Total Assets

$471K

Program Spending

93%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$165K

Total Payroll

$165K

69% of total expenses

Where the Money Goes

93%
Programs: 93%
Payroll: 69%
Other overhead: 7%
Program Revenue$221K (79%)
Total Expenses$239K (86%)
Payroll$165K (69%)
Overhead (non-program)7%

Trust Score Breakdown

Program Spending Ratio

93% of expenses go to programs

40%

Revenue & Stability

$278K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$471K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.