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Charles Street Development Corp

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

EIN: 522272852 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Charles Street Development Corp?

Charles Street Development Corp is a nonprofit organization based in Baltimore, Maryland, specifically at 100 N Charles Street, 17th Floor. Their primary mission is to support, enhance, and improve the historic Charles Street area in the city of Baltimore. This includes the public and private physical, cultural, educational, residential, retail, and other business environments. Recently, they collaborated with community members, city agencies, and partner organizations to remove five dead street trees and plant seventeen new ones, aiming to enhance the overall aesthetics of the area. The organization has a small workforce of just two employees.


Official website here: www.charlesstreet.org

Is Charles Street Development Corp legitimate?

Charles Street Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charles Street Development Corp 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: $115,500

For more financial information, click here


Official website here: www.charlesstreet.org

What is the mission statement of Charles Street Development Corp?

Charles Street Development Corp's mission is centered around enhancing and improving various aspects of a specific area. Specifically, they aim to uplift the physical, cultural, educational, residential, retail, and other business environments in this area. Their activities are geared towards supporting and bettering this sector, working to create a more vibrant and enhanced environment for the community. One of their initiatives involves improving the urban landscape through tree removal and community tree planting. They collaborate with partner organizations, community members, and city agencies to carry out these projects.


Official website here: www.charlesstreet.org

Who is the CEO of Charles Street Development Corp?

Lance Hoboy is the Executive Director of Charles Street Development Corp.


Official website here: www.charlesstreet.org

What is the revenue of Charles Street Development Corp?

Charles Street Development Corp's revenue in 2022 was $160,426.


Official website here: www.charlesstreet.org

Who are the executives of Charles Street Development Corp and what are their salaries?

The average compensation at Charles Street Development Corp during 2022 was $57,750. There are 2 employees at Charles Street Development Corp.


There is 1 key member and their salary:


Kristin Speaker (Executive Director)
  • Compensation: $78,000
  • Related: $0
  • Other: $0


Official website here: www.charlesstreet.org

Where can I find the form 990 for Charles Street Development Corp?

Charles Street Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.charlesstreet.org

Learn more at the official website: www.charlesstreet.org

Mission Statement of Charles Street Development Corp

Charles Street Development Corp is committed to enhancing and improving the historic Charles Street area in an unspecified city. Their mission encompasses supporting and improving various facets of this area, including its physical, cultural, educational, residential, retail, and other business environments. This nonprofit organization works towards bettering these environments to create a more vibrant and thriving community.

To achieve this mission, Charles Street Development Corp undertakes numerous initiatives. One of their key activities is overseeing streetscape improvements. This involves removing dead street trees and planting new ones to enhance the area's aesthetic appeal and contribute to its overall health. The organization collaborates with partner organizations, community members, and city agencies to ensure these improvements are carried out effectively. By doing so, they contribute to the preservation and revitalization of the historic Charles Street area.

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Impact




October, 2024

Charles Street Development Corp significantly impacts the historic Charles Street area in Baltimore through various community-focused initiatives aimed at enhancing the environment and quality of life for residents and visitors. One notable achievement is the improvement of the streetscape, which involved the removal of five dead street trees and the planting of 17 new trees.

These efforts not only beautify the area but also contribute to environmental health and urban aesthetics. By collaborating with partner organizations, community members, and city agencies, the organization fosters a sense of community ownership and engagement, ensuring that development aligns with the needs and desires of local residents.

Through its mission to improve both public and private spaces, as well as foster cultural, educational, and business developments, Charles Street Development Corp plays a crucial role in revitalizing the historic character of the area and enhancing the overall urban experience.




This information is meant to be a general summary of Charles Street Development Corp. 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
$160,426 (2022)
Expenses
$174,322 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Gross Receipts: $160,426

Assets and Liabilities:

  • Total Assets: $50,801
  • Total Liabilities: $12,000
  • Net Assets: $38,801

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Organization Details

Founding Year

2000

Principal Officer

Lance Hoboy

Main Address

100 N CHARLES STREET 17TH FLOOR, BALTIMORE, MD, 21201

NTEE Category

Code: S31 - Community improvement

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