Overview
What is Maryland Hawk Corporation?
Maryland Hawk Corporation is a nonprofit organization with a mission to foster economic growth in the Eastern Shore region. They aim to utilize the resources of universities, government, businesses, and faculty to improve the regional and state economic infrastructure. Their objective is to advance economic development and diversification in the Eastern Shore, create job opportunities and wealth, and increase the tax base. In essence, they strive to leverage these partnerships to enhance the overall economic well-being of the Eastern Shore region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating at 73%.
Maryland Hawk Corporation demonstrates several strong points in its organizational structure, including a fully independent board with a perfect score in both board member independence and size. The nonprofit also scores highly on its program expense ratio, indicating that a significant portion of its total expenses is directed towards its programs. Additionally, there are no reported issues with material diversion of assets, reflecting a solid financial control environment.
However, the organization has notable weaknesses that have impacted its overall rating. The absence of essential policies, such as Conflict of Interest, Whistleblower, and Document Retention and Destruction policies, has resulted in a lack of accountability measures, contributing to its lower score. Furthermore, the failure to post its tax forms on the nonprofit's website may hinder transparency for potential donors and stakeholders. Improving these areas could enhance the organization's standing and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Maryland Hawk Corporation legitimate?
Maryland Hawk Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Hawk Corporation 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 Maryland Hawk Corporation?
The mission of Maryland Hawk Corporation, prior to its termination or inactivity, was focused on creating opportunities and leveraging the resources of universities, faculty, staff, government, and businesses. The primary objective was to enhance regional economic infrastructure to promote the economic development and diversification of the Eastern Shore region. The corporation aimed to generate jobs and wealth, thereby increasing the tax base, with the ultimate goal of advancing the economic growth of the region.
Who is the CEO of Maryland Hawk Corporation?
Ron Bettini is the President of Maryland Hawk Corporation.
What is the revenue of Maryland Hawk Corporation?
Maryland Hawk Corporation's revenue in 2023 was $75,105.
Who are the executives of Maryland Hawk Corporation and what are their salaries?
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Maryland Hawk Corporation?
Maryland Hawk Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Maryland Hawk Corporation
Maryland Hawk Corporation was established with a mission to foster opportunities and utilize the resources of universities, faculty, staff, and local businesses to enhance the economic infrastructure of a particular region. Their primary objective was to advance the economic development and diversification of the Eastern Shore region, thereby creating jobs and increasing the tax base. The corporation aimed to leverage the collective strengths of universities, government, and business entities to improve the regional economy as a whole.
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Impact
August, 2024
Maryland Hawk Corporation aimed to develop opportunities and leverage university faculty, staff, government, and business to improve regional and state economic infrastructure. Their mission was to advance Eastern Shore regional economic development and diversification, create jobs and wealth, and increase the tax base. While this nonprofit is now terminated or no longer active, its impact likely contributed to efforts in enhancing economic growth and promoting community improvement in the Fruitland area of Maryland.
This information is meant to be a general summary of Maryland Hawk Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $75,105
- Gross Receipts: $75,105
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student Rental Income
Revenue
$75,105
Organization Details
Founding Year
2004
Phone
(410) 546-9993Principal Officer
Ron Bettini
Main Address
PO BOX 37, Fruitland, MD, 21826
NTEE Category
Code: S32 - Community improvement
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