NonprofitsHarbor Bank Of Maryland Community Development Corporation

Community Improvement & Capacity Building

Harbor Bank Of Maryland Community Development Corporation

BALTIMORE, MD

Total revenue

$511K

Total expenses

$1.3M

Net assets

$262K

Grants received

$1M

5 grants

EIN

260006476

Tax year

2024

Mission

The harbor bank of maryland community development corporation provides financing to maryland community institutions, faith based organizations, & small businesses that otherwise may have difficulty obtaining financing for community development.

Programs

1 program

Housing - residential & commercial construction & rehabilitation in an attempt to revitalize neighborhoods

Expenses: $20K

Financials

FY 2024

Revenue

Contributions & grants$178K
Program service revenue
Investment income$291K
Other revenue$41K
Total revenue$511K

Expenses

Grants paid
Salaries & benefits$201K
Fundraising$30K
Other expenses$1.1M
Total expenses$1.3M
Total assets$5.0M
Net assets$262K

People

7 listed

NameRoleCompensation

GERMANO GOMEZ

VICE PRESIDE

Board

$170K

40 hrs/wk

JOHN LEWIS

PRESIDENT AN

Board

$5K

5 hrs/wk

JOSEPH HASKINS JR

CHAIRMAN

Board

ERICH W MARCH

DIRECTOR

Board

STACY SMITH

DIRECTOR

Board

ALVIN C HATHAWAY SR

DIRECTOR

Board

STANLEY W TUCKER

DIRECTOR

Board

Grants received

Showing 5 of 5

FromAmountPurposeYear
$100K
UNRESTRICTED SUPPORT
2023
$250K
SUPPORT HARBOR CDC EMERGING DEVELOPERS AND SMALL BUSINESS INITIATIVE
2020
$200K
ADVISED - FOR SUPPORTING SMALL BUSINESS THROUGH MODERNIZING INFRASTRUCTURE FOR REPORTING, EVALUATION, AND LEARNING TO BETTER SUPPORT YOUR LOCAL COMMUNITY.
2020
$100K
GRANT TO SUPPORT COVID-19 RELIEF EFFORT IN BALTIMORE, MD
2020
$350K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2019

Funded by

$1M from 5 funders · 5 grants · 2019–2023

Jpmorgan Chase Foundation

$350K · 1 grant · 2019

Annie E Casey Foundation Inc

$250K · 1 grant · 2020

The San Francisco Foundation

$200K · 1 grant · 2020

Delaware Community Foundation Inc

$100K · 1 grant · 2023

The Goldman Sachs Foundation

$100K · 1 grant · 2020

Details

EIN260006476
NTEE codeS43
Subsection03
Ruling date2004-06
Formed2001
Employees2
HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo