EIN 52-2113016

Maryland Capital Enterprises

IRS 501(c) type
501(c)(3)
Num. employees
14
Year formed
1998
Most recent tax filings
2023-09-01
Description
Maryland Capital Enterprises empowers businesses to grow, create jobs and generate wealth on Maryland's Eastern Shore and across the state. The organization offers counseling, technical assistance, training in business startup, and loans to micro businesses. They also provide potential entrepreneurs with their business idea, business startup checklist, and provide business and marketing plan assistance. The organization has assisted eight businesses.
Total revenues
$4,711,871
2023
Total expenses
$1,484,746
2023
Total assets
$17,669,403
2023
Num. employees
14
2023

Program areas at Maryland Capital Enterprises

Counseling, technical assistance, training in business startup, and loans to micro businesses.provide potential entrepreneurs with their business idea, business startup checklist, and provide business and marketing plan assistance, provided assistance to 923 people.training on first steps in starting a business, marketing of business, and how to write a business plan - provided assistance to 2,103 people.loans - to micro businesses - provided 96 loans totalling $6,179,500.

Who funds Maryland Capital Enterprises

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
AmazonSmile FoundationGeneral Support$11

Personnel at Maryland Capital Enterprises

NameTitleCompensation
Maurice AmesExecutive Director$83,503
Jennifer CurrieDirector of Finance
Lisa TwilleyDirector of the WBC
Nick RudolphDirector and WBC Baltimore Coordinator
Tanya JusticeDirector of Loan Operations
...and 7 more key personnel

Financials for Maryland Capital Enterprises

RevenuesFYE 09/2023
Total grants, contributions, etc.$3,926,858
Program services$128,999
Investment income and dividends$626,962
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$29,052
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,711,871

Form 990s for Maryland Capital Enterprises

Fiscal year endingDate received by IRSFormPDF link
2023-092024-02-28990View PDF
2022-092023-04-24990View PDF
2021-092022-05-25990View PDF
2020-092021-04-14990View PDF
2019-092020-11-13990View PDF
...and 9 more Form 990s
Data update history
April 19, 2024
Used new vendors
Identified 1 new vendor, including
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 3, 2022
Received grants
Identified 1 new grant, including a grant for $50,000 from Opportunity Finance Network (OFN)
March 4, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizationsFamily service centersHeadquarter / parent organizationsCharities
Issues
Human servicesBusiness and industry
Characteristics
Fundraising eventsState / local levelReceives government fundingManagement and technical assistanceTax deductible donations
General information
Address
PO Box 213
Salisbury, MD 21803
Metro area
Salisbury, MD-DE
County
Wicomico County, MD
Website URL
marylandcapital.org/ 
Phone
(410) 546-1900
IRS details
EIN
52-2113016
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
Free account sign-up

Want updates when Maryland Capital Enterprises has new information, or want to find more organizations like Maryland Capital Enterprises?

Create free Cause IQ account