Northeastern Maryland Technology Council Inc
- Assets
- $75.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aberdeen, MD
- Founding
- 07/1994
- Data as of
- 06/2024
- EIN
- 52-1807245
Organization Overview
Northeastern Maryland Technology Council Inc is located in Aberdeen, 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 06/2024, Northeastern Maryland Technology Council Inc generated $65.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $96.0k during the year ending 06/2024. 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
2024
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claudine Adams Chair | 2 | $0 | |
Nicole Funk Director | 0 | $0 | |
Dr Michael O'leary Director | 0 | $0 | |
William Sorenson Director | 0 | $0 | |
Mary Bolt Director | 0 | $0 | |
Karen Holt Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,872 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,925 |
| Investment income | $345 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$16,080 |
| Other Revenue | $0 |
| Total Revenue | $65,062 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $72,500 |
| Professional fees and other payments to independent contractors | $2,940 |
| Occupancy, rent, utilities, and maintenance | $1,019 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,583 |
| Total expenses | $96,042 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,449 |
| Other assets | $0 |
| Total assets | $75,449 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,449 |