Bwi Community Development Foundation Inc
- Assets
- $168.2k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Linthicum Heights, MD
- Founding
- 07/2010
- Data as of
- 12/2022
- EIN
- 26-4630714
Organization Overview
Bwi Community Development Foundation Inc is located in Linthicum Heights, MD. The organization was established in 2010. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bwi Community Development Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Bwi Community Development Foundation Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 16.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BWI COMMUNITY DEVELOPMENT FOUNDATION (ALSO KNOW AS "THE PARTNERSHIP FOUNDATION) IS A 501(C)(3) NON-PROFIT ORGANIZATION ESTABLISHED IN 2008 THAT EXISTS TO TRANSFORM AND REVITALIZE THE CENTRAL MARYLAND REGION BY SUPPORTING AND IMPLEMENTING INITIATIVES WITHIN ITS STRATEGIC FOCUS AREAS. OUR STRATEGIC FOCUS AREAS ARE: TRANSPORTATION, ECONOMIC, COMMUNITY AND WORKFORCE DEVELOPMENT, EDUCATION, HOSPITALITY, TOURISM AND LOCAL MILITARY SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COUNTY CONNECTOR: THE COUNTY CONNECTOR IS A FREE SHUTTLE THAT CONNECTS WORKFORCE, JOBSEEKERS AND RESIDENTS TO BWI MARSHALL AIRPORT, LIVE CASINO & HOTEL, ARUNDEL MILLS MALL AND BWI MARC/AMTRAK STATIONS TO EFFECTIVELY ACCESS EMPLOYMENT OPPORTUNITIES IN THIS AREA. THIS PROGRAM IS DESIGNED FOR THOSE WITH LIMITED ACCESS TO PUBLIC TRANSPORTATION. THE SHUTTLE RUNS 365 DAYS A YEAR AND HAS EXTENDED HOURS.
BEAUTIFICATION: PROVIDES ROADSIDE LITTER CLEAN-UP, REMOVAL/DISPOSAL OF LITTER WITHIN A 3 MILE RADIUS OF THE LIVE CASINO. REMOVAL OF DEBRIS, HAZARDOUS MATERIALS AND OTHER UNDESIRABLE ITEMS; PERFORMING GRASS CUTTINGS IN COMMON AREAS AND PLANTS AND MAINTAINS VEGETATION WHICH IS AESTHETICALLY PLEASING TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lou Zagarino Deceased President | Officer | 1 | $0 |
Mary Linda Greene Vice Chair,t | Officer | 1 | $0 |
Towera Loper Secretary | Officer | 21 | $0 |
Stephanie Gary Trustee | Trustee | 1 | $0 |
Samuel Minnitte Jr Trustee | Trustee | 1 | $0 |
Steve Carroll Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,144,376 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,173,901 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,173,901 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $330 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $28,076 |
| Office expenses | $360 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,748 |
| Travel | $542 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $814 |
| All other expenses | $4,643 |
| Total functional expenses | $1,161,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,133 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $116,087 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $168,220 |
| Accounts payable and accrued expenses | $15,175 |
| Grants payable | $0 |
| Deferred revenue | $169,768 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $101,243 |
| Total liabilities | $286,186 |
| Net assets without donor restrictions | -$117,966 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $168,220 |