Greater Baltimore Committee Foundation Inc
- Assets
- $291.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 11/1978
- Data as of
- 12/2023
- EIN
- 52-1131843
Organization Overview
Greater Baltimore Committee Foundation Inc is located in Baltimore, MD. The organization was established in 1978. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Greater Baltimore Committee 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 12/2023, Greater Baltimore Committee Foundation Inc generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (25.4%) each year. All expenses for the organization totaled $11.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (30.0%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GREATER BALTIMORE COMMITTEE FOUNDATION, INC. IS A NON-FOR-PROFIT, CIVIC INTEREST CORPORATION WHICH WAS FOUNDED IN 1978 TO ACCEPT CHARITABLE CONTRIBUTIONS FOR COMMUNITY PROJECTS IN THE FUNCTIONAL AREAS OF URBAN AFFAIRS AND PUBLIC POLICY, BUSINESS SERVICES AND INFORMATION, AND ECONOMIC DEVELOPMENT, THEREBY PROMOTING THE BALTIMORE REGION AS AN OUTSTANDING PLACE TO LIVE, WORK AND DO BUSINESS.
Describe the Organization's Program Activity:
Part 3
PUBLIC RELATIONS
PUBLIC SAFETY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark A Thomas President & CEO | 6 | $0 | |
Mohan Suntha Chairman | 1 | $0 | |
Brian Pieninck Co-Vice Chair | 1 | $0 | |
Christine Aspell Co-Vice Chair | 1 | $0 | |
Martin P Brunk Treasurer | 1 | $0 | |
Janet Currie Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $15,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5 |
| Total Revenue | $20,005 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $123 |
| Total expenses | $11,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $291,790 |
| Other assets | $0 |
| Total assets | $291,795 |
| Total liabilities | $0 |
| Net assets or fund balances | $291,795 |
Grants Awarded
Over the last fiscal year, Greater Baltimore Committee Foundation Inc has awarded $45,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF BALTIMORE DEV CORP PURPOSE: Business Recovery Fund | $25,000 |
CITY OF BALTIMORE DEV CORP PURPOSE: Restoring Baltimore Relief Initiative | $10,000 |
BALTIMORE OFFICE OF PROMOTION PURPOSE: 4th of July Fireworks | $10,000 |