EIN 52-1744007

City of Baltimore Development Corporation (BDC)

IRS 501(c) type
501(c)(3)
Num. employees
56
Year formed
1991
Most recent tax filings
2023-06-01
Description
The Baltimore Development Corporation (BDC) retains, expands and attracts businesses through the facilitation of strategic Baltimore real estate development and construction projects and business support programs.
Also known as...
Baltimore Development Corporation
Total revenues
$6,026,374
2023
Total expenses
$11,490,233
2023
Total assets
$29,043,367
2023
Num. employees
56
2023

Program areas at BDC

Business assistance, site analysis, financial packaging, ombudsman, promoting and marketing of Baltimore, md
Site Development cost, site acquistion, consultants, engineering, construction, and operation Development of areas owned by and/or located in Baltimore, md

Who funds City of Baltimore Development Corporation (BDC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Rockefeller FoundationToward the Costs of the Baltimore Small Business Technical Assistance Network, An Initiative Focused on Improving Small Business Pandemic Crisis Response and Longer-Term Small Business Recovery in Baltimore, MD$250,000
Abell FoundationCommunity Development$37,500
Baltimore Community Foundation (BCF)General Support and Various Projects$23,750
...and 2 more grants received

Personnel at BDC

NameTitleCompensation
Colin TarbertPresident and Chief Executive Officer$239,261
Nancy Jordan HowardChief Operating Officer$127,429
Jeff PillasChief Financial Officer and Vice President$146,655
Jeffrey PillasVice President and Chief Financial Officer$160,661
Deborah TilletDirector of Technology / Director of Tech.$114,873
...and 8 more key personnel

Financials for BDC

RevenuesFYE 06/2023
Total grants, contributions, etc.$4,387,050
Program services$1,582,439
Investment income and dividends$56,885
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$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,026,374

Form 990s for BDC

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-06-07990View PDF
2021-062022-05-16990View PDF
2020-062021-05-18990View PDF
2019-062020-09-24990View PDF
...and 9 more Form 990s
Data update history
September 21, 2024
Updated personnel
Identified 1 new personnel
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 3, 2024
Received grants
Identified 5 new grant, including a grant for $250,000 from The Rockefeller Foundation
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 22, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
36 S Charles St
Baltimore, MD 21201
Metro area
Baltimore-Columbia-Towson, MD
County
Baltimore City, MD
Website URL
baltimoredevelopment.com/ 
Phone
(410) 837-9305
Facebook page
baltimoredevelopment 
Twitter profile
@bdcbaltimore 
IRS details
EIN
52-1744007
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
Free account sign-up

Want updates when BDC has new information, or want to find more organizations like City of Baltimore Development Corporation (BDC)?

Create free Cause IQ account