EIN 20-4950778

Maryland Technology Council (TCM)

IRS 501(c) type
501(c)(6)
Num. employees
9
Year formed
2006
Most recent tax filings
2022-06-01
NTEE code, primary
Description
The Tech Council of Maryland builds stronger technology and life science communities in Maryland by nurturing a healthy and vibrant environment where members can connect and prosper.
Also known as...
Technology Council of Maryland
Total revenues
$2,795,155
2022
Total expenses
$2,935,738
2022
Total assets
$1,077,501
2022
Num. employees
9
2022

Program areas at TCM

Mtc's industry awards celebration - mtc industry awards celebration is one of Maryland's largest and most prestigious award ceremonies. The evening brings the very best of Technology, life science, government, academia, and supporting businesses together. The only award ceremony of its kind in the industry, the mtc industry awards honors the dedication and outstanding service of Maryland's Technology and life science community. Mtc proudly takes this opportunity to recognize their excellence and thank them for being an integral part of business development in Maryland.
Bio innovation conference is an annual conference that connects the community with top researchers, business leaders, academia, venture capitalists, promising startups and industry professionals in the life sciences industry based in the region. It builds a stronger life sciences community in Maryland by nurturing a vibrant environment where innovation thrives, facilitates networking opportunities and business development through the bio one-on-one partnering system and gives access to advocacy, state and federal agencies, and commercial and scientific industries to help their companies thrive.
The covid-19 pandemic has caused seismic shifts in the global economy, impacting sales, access to capital, workforce management, and more. Now tech, life science, and b2b executives can navigate this landscape with the help of the business continuity task force (bctf). The task force is a mentoring match program that pairs executives at small and mid-sized businesses with experienced business leaders at no cost to help tackle business challenges. There are 90 enrolled companies,of which 40% are minority owned.

Who funds Maryland Technology Council (TCM)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Biotechnology Innovation Organization (BIO)Support$11,250
Johns Hopkins University (JHU)Contributions$11,200

Personnel at TCM

NameTitleCompensation
Kelly SchulzChief Executive Officer$0
Michelle FerroneChief Operating Officer$160,917
Martin RosedalePast Chief Executive Officer
Martin RosendalePast Director / Interim Chief Executive Officer$232,249
Steven MeltzerSecretary$0
...and 6 more key personnel

Financials for TCM

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,041,798
Program services$755,965
Investment income and dividends$2
Tax-exempt bond proceeds$0
Royalty revenue$997,390
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,795,155

Form 990s for TCM

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-11990View PDF
2021-062022-05-12990View PDF
2020-062021-06-30990View PDF
2019-062021-06-07990View PDF
2018-062019-08-17990View PDF
...and 8 more Form 990s
Data update history
December 31, 2023
Received grants
Identified 1 new grant, including a grant for $11,250 from Biotechnology Innovation Organization (BIO)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 10, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 12 new personnel
June 29, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Science and technologyEducationBusiness and industry
Characteristics
MembershipsState / local levelReceives government fundingProvides scholarshipsFundraising races, competitions, and tournaments
General information
Address
12 Wchurch St Suite 220
Frederick, MD 21701
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Frederick County, MD
Website URL
mdtechcouncil.com/ 
Phone
(240) 243-4026
Facebook page
TechCouncilMD 
Twitter profile
@techcouncilmd 
IRS details
EIN
20-4950778
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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