Xpx Maryland Inc is located in Columbia, MD. The organization was established in 2016. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Xpx Maryland Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Xpx Maryland Inc generated $52.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $32.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES ADVISORS AND BUSINESS OWNERS WITH PROFESSIONALISM, COLLABORATION, AND PRINCIPLES TO ASSIST THEIR CLIENTS AND BUSINESSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Osborn President | 1 | $0 | |
Timothy Ward Treasurer | 1 | $0 | |
Stuart Welsh Immediate Past President | 1 | $0 | |
Kimberly Prescott Secretary | 1 | $0 | |
Robert Kalinoski Board Member | 1 | $0 | |
Brian Macmillan Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $14,305 |
Membership dues | $38,145 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $52,450 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,000 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $30,371 |
Total expenses | $32,371 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $125,308 |
Other assets | $0 |
Total assets | $125,308 |
Total liabilities | $0 |
Net assets or fund balances | $125,308 |