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Ocean City Development Corporation
Arts & Culture · Ocean City, Maryland
108 Dorchester St, Ocean City, MD 21842-4121
EIN: 522222484· Founded: Jun 2001· 25 years active· Filing Year: 2023
Annual Revenue
$623K
Total Expenses
$592K
Total Assets
$3.4M
Program Spending
0%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$89K
15.0% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$92K
Total Payroll
$181K
30% of total expenses
Where the Money Goes
0%
Programs: 0%
Payroll: 30%
Other overhead: 100%
0
Total Expenses$592K (95%)
Payroll$181K (30%)
Overhead (non-program)100%
Trust Score Breakdown
Program Spending Ratio
0% of expenses go to programs
Revenue & Stability
$623K annual revenue
Executive Compensation
$89K total officer comp (15.0% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$3.4M 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.