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Maryland Economic Development Association Inc (Meda)

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522242009 ✦ Baltimore, MD ✦ Designated as a 501(c)(6)

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Overview

What is Maryland Economic Development Association Inc (Meda)?

Maryland Economic Development Association Inc (Meda) is a nonprofit organization situated in Baltimore, Maryland. With a small team of two individuals, its primary goal is to support the endeavors of the MEDA Foundation, Inc. in fostering economic prosperity across Maryland. The association achieves this by focusing on education and professional development, aiming to enhance the business environment and raise the standard of professionalism within the economic development sector in Maryland. The organization serves as a network of economic development professionals dedicated to improving the state's overall economic well-being.


Official website here: www.medamd.com

Is Maryland Economic Development Association Inc (Meda) legitimate?

Maryland Economic Development Association Inc (Meda) is a legitimate nonprofit organization registered as a 501(c)(6) entity. Maryland Economic Development Association Inc (Meda) submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,498

For more financial information, click here


Official website here: www.medamd.com

What is the mission statement of Maryland Economic Development Association Inc (Meda)?

The Maryland Economic Development Association Inc. (Meda) serves as a statewide organization, comprising economic development professionals. Their mission is to enhance the economic well-being of Maryland by actively working to improve the business climate and uphold professionalism within the field of economic development. The association supports this mission by promoting and advocating for the programs of the MEDA Foundation, Inc. Through education and professional development, they strive to contribute to the economic prosperity of the state.


Official website here: www.medamd.com

Who is the CEO of Maryland Economic Development Association Inc (Meda)?

Daniel Thompson is the President of Maryland Economic Development Association Inc (Meda).


Official website here: www.medamd.com

What is the revenue of Maryland Economic Development Association Inc (Meda)?

Maryland Economic Development Association Inc (Meda)'s revenue in 2022 was $258,416.


Official website here: www.medamd.com

Who are the executives of Maryland Economic Development Association Inc (Meda) and what are their salaries?

The average compensation at Maryland Economic Development Association Inc (Meda) during 2022 was $79,749. There are 2 employees and 20 volunteers at Maryland Economic Development Association Inc (Meda).


Here are 18 key members and their salaries:


Daniel Thompson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Griffin (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammi Thomas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Winsky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Boyer Babb (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
N Gordon Knox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ebony Stocks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Stalfort (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Slagle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trish Heidenreich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Valentine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Akers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Mansfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Medley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Sanford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Beaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Velich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.medamd.com

Where can I find the form 990 for Maryland Economic Development Association Inc (Meda)?

Maryland Economic Development Association Inc (Meda)'s most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.medamd.com

Learn more at the official website: www.medamd.com

Mission Statement of Maryland Economic Development Association Inc (Meda)

Maryland Economic Development Association Inc (Meda) is a statewide organization that aims to enhance economic well-being in Maryland. They accomplish this by focusing on improving the business climate and boosting professionalism within the field of economic development. Meda's mission is to promote and support the initiatives of the MEDA Foundation, Inc., which is dedicated to fostering economic growth in Maryland through educational and professional development programs. By doing so, Meda contributes to the overall economic health of the state.

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Impact




October, 2024

The Maryland Economic Development Association Inc (Meda) significantly enhances economic well-being in Maryland by fostering a collaborative network of economic development professionals. Through its initiatives, Meda works to improve the business climate across the state, promoting policies and practices that drive growth and innovation.

By focusing on education and professional development, Meda cultivates a skilled workforce and knowledgeable leaders in the economic development field. Their efforts lead to more effective strategies for local communities, encouraging investment, job creation, and sustainable economic practices.

Meda's statewide organization serves as a hub for sharing best practices, resources, and advocacy efforts, ultimately leading to enhanced community improvement and a stronger Maryland economy.




This information is meant to be a general summary of Maryland Economic Development Association Inc (Meda). Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$258,416 (2022)
Expenses
$228,037 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16
  • Program Service Revenue: $209,600
  • Gross Receipts: $258,416

Assets and Liabilities:

  • Total Assets: $448,117
  • Total Liabilities: $13,451
  • Net Assets: $434,666

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$209,600

Organization Details

Founding Year

1999

Principal Officer

Daniel Thompson

Main Address

PO BOX 27039, BALTIMORE, MD, 21230

NTEE Category

Code: S41 - Community improvement

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