Northeastern Maryland Technology Council Inc is located in Havre De Grace, MD. The organization was established in 1994. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeastern Maryland Technology Council 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 06/2022, Northeastern Maryland Technology Council Inc generated $80.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $81.7k during the year ending 06/2022. While expenses have increased by 1.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE NMTC MISSION EARNS BROAD RECOGNITION AS A MEMBER-DRIVEN TECHNOLOGY COUNCIL CHAMPIONING STEM EDUCATION AND EXPANDING THE TECHNOLOGY COMMUNITY FOR THE SUSQUEHANNA REGION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Casner Executive Director | 40 | $64,167 | |
Claudine Adams President | 2 | $0 | |
Patrice Ricciardi Treasurer | 3 | $0 | |
Dr Theresa Felder Director | 0 | $0 | |
Dr Mary Way Bolt Director | 0 | $0 | |
Nicole Funk Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $68,535 |
Total Program Service Revenue | $0 |
Membership dues | $22,475 |
Investment income | $552 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$10,737 |
Other Revenue | $0 |
Total Revenue | $80,825 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $64,167 |
Professional fees and other payments to independent contractors | $1,940 |
Occupancy, rent, utilities, and maintenance | $758 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,814 |
Total expenses | $81,679 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $113,889 |
Other assets | $0 |
Total assets | $113,889 |
Total liabilities | $0 |
Net assets or fund balances | $113,889 |
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