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Midtown Development Corporation Inc

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

EIN: 522268431 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Midtown Development Corporation Inc?

Midtown Development Corporation Inc, situated in Baltimore, Maryland, is a nonprofit organization committed to improving the living conditions of the community. Their primary focus is on developing affordable housing in Midtown Baltimore City, particularly in distressed residential properties. The corporation also assists low-income community members by identifying housing alternatives. Their mission involves implementing physical redevelopment projects within the Midtown Community Benefits District Management Authority, aiming to revitalize the area and enhance the quality of life for its residents.

Is Midtown Development Corporation Inc legitimate?

Midtown Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midtown Development Corporation Inc 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: $0

For more financial information, click here

What is the mission statement of Midtown Development Corporation Inc?

The Midtown Development Corporation Inc's mission is centered around the physical redevelopment of a specified area, primarily focusing on distressed residential properties. Their primary objective is to implement improvements within the Midtown Community Benefits District Management Authority's boundaries. The corporation also provides assistance to low-income community members by developing affordable housing and identifying housing alternatives. Their activities aim to revitalize the area and improve living conditions for its residents.

Who is the CEO of Midtown Development Corporation Inc?

Charles B Duff Jr is the Vice President of Midtown Development Corporation Inc.

What is the revenue of Midtown Development Corporation Inc?

Midtown Development Corporation Inc's revenue in 2022 was $318.

Who are the executives of Midtown Development Corporation Inc and what are their salaries?


Here are 8 key members and their salaries:


Kenneth A Bourne Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles B Duff (Secretary)
  • Compensation: $0
  • Related: $135,877
  • Other: $0
Eric Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Friedlander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Lazarus Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Snead (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Harpool (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Henderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Midtown Development Corporation Inc?

Midtown Development Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Midtown Development Corporation Inc

Midtown Development Corporation Inc, as a nonprofit organization, is dedicated to implementing the physical redevelopment of a designated district, with a particular focus on distressed residential properties. Their mission is to revitalize the area by developing affordable housing options within Midtown Baltimore City. The corporation also assists low-income community members by identifying suitable housing alternatives. By focusing on this crucial aspect, Midtown Development Corporation Inc aims to contribute significantly to the overall improvement of the district.

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Impact




October, 2024

Midtown Development Corporation Inc. significantly impacts the Baltimore community by focusing on the physical redevelopment of the Midtown area, particularly addressing the needs of distressed residential properties. By developing affordable housing options, the organization plays a crucial role in assisting low-income residents and helping them find viable housing alternatives. This redevelopment effort enhances the quality of life in the Midtown area, fostering a more vibrant and inclusive community. Additionally, the incorporation of arts into their initiatives contributes to the cultural enrichment of the neighborhood, creating a more appealing environment for residents and visitors alike. Overall, the corporation's activities not only improve housing accessibility but also stimulate economic growth and community cohesion in Baltimore.




This information is meant to be a general summary of Midtown Development Corporation Inc. 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
$318 (2022)
Expenses
$1,461 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $318
  • Gross Receipts: $318

Assets and Liabilities:

  • Total Assets: $804,398
  • Total Liabilities: $6,662
  • Net Assets: $797,736

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Organization Details

Founding Year

2000

Principal Officer

Charles B Duff Jr

Main Address

25 E 20TH STREET, BALTIMORE, MD, 21218

NTEE Category

Code: A80 - Arts

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