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Maryland Center On Economic Policy Inc

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

EIN: 900999151 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Maryland Center On Economic Policy Inc?

Maryland Center On Economic Policy Inc, located at 1800 N Charles St 310, Baltimore, MD 21201, is a nonprofit organization with a mission to promote responsible public policy and broad prosperity in Maryland. With a team of 10 dedicated individuals, they focus on generating innovative policy ideas to elevate their state as a model for effective public policy. Their primary objective is to increase public awareness of the policy decisions that Maryland residents should consider. Through their work, they aim to contribute positively to the economic and social well-being of the state.


Official website here: www.mdeconomy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

The Maryland Center On Economic Policy Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates a high level of transparency and governance, including a fully independent board comprised of nine members, which is essential for maintaining objectivity and integrity in decision-making processes.

Strengths of the Maryland Center include its robust financial oversight mechanisms, with a perfect score in audit and oversight, as well as a low liabilities to assets ratio of 18.64%. The organization effectively allocates a significant portion of its budget to program expenses, scoring 80.63% in this category, which indicates a strong commitment to fulfilling its mission and providing impactful services to the community.

The data shows no instances of material diversion of assets, further highlighting the organization's sound financial practices. Additionally, their adherence to policies such as conflict of interest, whistleblower protection, and document retention reinforces their commitment to ethical operations. Overall, the Maryland Center On Economic Policy Inc stands out as a financially responsible nonprofit with a solid framework for accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Maryland Center On Economic Policy Inc legitimate?

Maryland Center On Economic Policy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Center On Economic Policy 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: $107,347
Professional Fundraising Fees: $0
Other Salaries and Wages: $448,631

For more financial information, click here


Official website here: www.mdeconomy.org

What is the mission statement of Maryland Center On Economic Policy Inc?

The Maryland Center on Economic Policy Inc. is committed to driving forward innovative policy ideas that promote broad prosperity. Their mission is to position their state as a leader in responsible public policy, striving for a standard that other states can emulate. To achieve this goal, they work diligently to expand public awareness, ensuring Maryland residents have a thorough understanding of the policy decisions they need to make.


Official website here: www.mdeconomy.org

Who is the CEO of Maryland Center On Economic Policy Inc?

Benjamin Orr is the Chair of Maryland Center On Economic Policy Inc. The CEO's salary of Maryland Center On Economic Policy Inc is $100,354 and their total compensation is $107,346.


Official website here: www.mdeconomy.org

What is the revenue of Maryland Center On Economic Policy Inc?

Maryland Center On Economic Policy Inc's revenue in 2022 was $857,462.


Official website here: www.mdeconomy.org

Who are the executives of Maryland Center On Economic Policy Inc and what are their salaries?

The average compensation at Maryland Center On Economic Policy Inc during 2022 was $55,598. There are 10 employees and 13 volunteers at Maryland Center On Economic Policy Inc.


Here are 10 key members and their salaries (Maryland Center On Economic Policy Inc's CEO's salary is $100,354 and their total compensation is $107,346):


Colin Richard (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon T Jones (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikia Sankofa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mchugh (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sable Frazier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Cordell Francis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alana R Glover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Shivonne Laird (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejandro Gutierrez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Orr (President & Ceo)
  • Compensation: $100,354
  • Related: $0
  • Other: $6,992


Official website here: www.mdeconomy.org

Where can I find the form 990 for Maryland Center On Economic Policy Inc?

Maryland Center On Economic Policy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mdeconomy.org

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

Mission Statement of Maryland Center On Economic Policy Inc

The Maryland Center on Economic Policy, a pioneering organization, strives to pioneer innovative policy ideas that foster broad prosperity and positions Maryland as a leading example of responsible public policy. Their mission is multifaceted, aimed at increasing public awareness of the policy choices that Maryland residents need to make. By advocating for forward-thinking policies, the Maryland Center on Economic Policy aims to contribute to the betterment of the state's overall well-being.

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Impact




July, 2024

Maryland Center On Economic Policy Inc works to advance innovative policy ideas that aim to foster broad prosperity and position Maryland as a leader in responsible public policy. Through its activities, the organization seeks to expand public awareness of the policy choices facing Maryland residents. By conducting social research and advocating for impactful policy changes, Maryland Center On Economic Policy Inc plays a crucial role in shaping the economic landscape of the state and improving the well-being of its residents.




This information is meant to be a general summary of Maryland Center On Economic Policy 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
$857,462 (2022)
Expenses
$831,754 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $31
  • Gross Receipts: $857,462

Assets and Liabilities:

  • Total Assets: $605,598
  • Total Liabilities: $112,914
  • Net Assets: $492,684

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Organization Details

Founding Year

2013

Principal Officer

Benjamin Orr

Main Address

1800 N CHARLES ST 310, BALTIMORE, MD, 21201

NTEE Category

Code: V22 - Social research

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