EIN 47-4730548

Cumberland Economic Development Cor

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2015
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Cumberland Economic Development Cor engages in charitable and educational efforts aimed at supporting economic development and community development in Allegany County, Maryland. The organization has an initial focus on the City of Cumberland. It is involved in the Baltimore street access project, which aims to revitalize the city's urban core by reintroducing automobile and bicycle traffic onto Baltimore street. This will improve connectivity within Cumberland, Maryland.
Total revenues
$2,871,616
2023
Total expenses
$489,227
2023
Total assets
$1,770,451
2023
Num. employees
0
2023

Program areas at Cumberland Economic Development Cor

Baltimore street access project: the project is a cedc and city of Cumberland effort to revitalize the city's urban core, among other things, re-introducing automobile and bicycle traffic onto baltimore street in Cumberland, md, thereby improving connectivity of the intermodal transportation system; introducing fiber optic cable along baltimore street, thereby completing the downtown fiber loop; installing sprinkler infrastructure to buildings along baltimore street, thereby promoting residential and commerical redevelopment; and replacement of underground infrastructure that has not been materially improved since before the installation of the pedestrian mall. This project is also being undertaken as part of a much broader Economic and community Development revitalization effort for the city of Cumberland's urban core.

Personnel at Cumberland Economic Development Cor

NameTitleCompensation
Matt MillerExecutive Director and President
Matthew MillerExecutive Director$88,838
Jonathan M. HutchersonChairman$0
Kathy GettyBoard Member$0
Paul J KellyPast Executive Director$98,767
...and 2 more key personnel

Financials for Cumberland Economic Development Cor

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,883,632
Program services$0
Investment income and dividends$104
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-12,120
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,871,616

Form 990s for Cumberland Economic Development Cor

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-04990View PDF
2022-062022-11-07990View PDF
2021-062021-11-12990View PDF
2020-062020-12-03990View PDF
2019-062020-06-27990View PDF
...and 3 more Form 990s
Data update history
February 18, 2024
Updated personnel
Identified 5 new personnel
February 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 6, 2023
Updated personnel
Identified 7 new personnel
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
118 Baltimore St Suite 202
Cumberland, MD 21502
Metro area
Cumberland, MD-WV
County
Allegany County, MD
Website URL
choosecumberland.org/ 
Phone
(301) 722-4173
IRS details
EIN
47-4730548
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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