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
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Rockefeller Foundation | 2022-12 | Toward 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 |
| T Rowe Price Foundation | 2023-12 | Financial Well-Being | $15,000 |
| Annie E Casey Foundation (AECF) | 2023-12 | Support for Baltimore Together Summit From October 30- November 3, 2023 in Baltimore, Maryland | $10,000 |
Personnel at BDC
| Name | Title | Compensation | Date of data |
|---|
| Colin Tarbert | President and Chief Executive Officer | $239,261 | 2024-12-01 |
| Nancy Jordan Howard | Chief Operating Officer | $127,429 | 2023-06-30 |
| Jeff Pillas | Chief Financial Officer and Vice President | $146,655 | 2024-12-01 |
| Jeffrey Pillas | Vice President and Chief Financial Officer | $160,661 | 2024-05-14 |
| Deborah Tillet | Director of Technology / Director of Tech. | $114,873 | 2023-06-30 |
| ...and 6 more key personnel |
Financials for BDC
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $4,387,050 | $3,793,829 | 15.6% |
| Program services | $1,582,439 | $3,538,312 | -55.3% |
| Investment income and dividends | $56,885 | $142,569 | -60.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $117,950 | -100% |
| Total revenues | $6,026,374 | $7,592,660 | -20.6% |
Organizations like BDC
| Organization | Type | Location | Revenue |
|---|
| Community Investment Corporation | 501(c)(3) | Tucson, AZ | $2,069,939 |
| Destination Medical Center Economic Development Agency | 501(c)(3) | Rochester, MN | $4,963,508 |
| Northfield Community Local Development Corporation of Staten Island | 501(c)(3) | Staten Island, NY | $1,898,705 |
| Riverworks Development Corporation | 501(c)(3) | Milwaukee, WI | $2,829,114 |
| Waterbury Development Corporation | 501(c)(3) | Waterbury, CT | $3,731,866 |
| Chicago Neighborhood Initiatives | 501(c)(3) | Chicago, IL | $3,776,635 |
| Southwest Michigan First Corporation | 501(c)(3) | Kalamazoo, MI | $8,034,787 |
| Downtown Brooklyn Partnership | 501(c)(3) | Brooklyn, NY | $2,100,694 |
| Greater Baybrook Alliance | 501(c)(3) | Baltimore, MD | $2,856,291 |
| Ohio City Incorporated | 501(c)(3) | Cleveland, OH | $1,626,882 |
Data update history
September 21, 2024
Updated personnel
Identified 1 new personnel
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
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
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