45
Maryland Rural Development Corporation
Community Development · Annapolis, Maryland
Po Box 4848, Annapolis, MD 21403-6848
EIN: 521184645· Founded: Jul 1986· 40 years active· Filing Year: 2023
Annual Revenue
$8.6M
Total Expenses
$8.7M
Total Assets
$5.7M
Program Spending
3%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$140K
1.6% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$4.4M
Total Payroll
$4.5M
52% of total expenses
Where the Money Goes
3%
Programs: 3%
Payroll: 52%
Other overhead: 97%
Program Revenue$274K (3%)
Total Expenses$8.7M (100%)
Payroll$4.5M (52%)
Overhead (non-program)97%
Trust Score Breakdown
Program Spending Ratio
3% of expenses go to programs
Revenue & Stability
$8.6M annual revenue
Executive Compensation
$140K total officer comp (1.6% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$5.7M 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.