Maryland Rural Development Corporation

Maryland Rural Development Corporation

Annapolis, MD 21401
Tax ID52-1184645

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About this organization

Revenue

$6,024,912

Expenses

$5,884,026

Website

mrdc.net

Mission

Provide Economic, Educational and Housing Assistance to individuals who are in need through the resources offered by government and private grants.

About

Head Start/Early Head Start - Provides child development pre-school curriculum for young children of low income families. The Program also receives the benefit of in-kind contribution valued at $756,952, made up of: $90,469 personnel, $492,296 reduction of rent, $2,343 goods & supplies, $157,316 professional services, and $14,529 meetings.

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “Provide economic, educational and housing assistance to individuals who are in need through the resources offered by government and private grants.”.

When discussing its operations, they were defined as: “Provide economic, educational and housing assistance to individuals who are in need through the resources offered by government and private grants.”.

  • The state where the non-profit operates has been legally reported as MD.
  • The filing indicates that the non-profit's address in 2020 is located at PO Box 4848 - 428 Fourth Street, Annapolis, MD, 21403.
  • The non-profit has reported 154 employees on their form as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $140,886.
  • The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 8 independent voting members.
  • The organization was formed in 1979.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $3,904,212 in salary, compensation, and benefits to its employees.
  • The organization pays $4,439 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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