NonprofitsMaryland Broadband Cooperative Inc

Mutual & Membership Benefit

Maryland Broadband Cooperative Inc

SALISBURY, MD

Total revenue

$8.8M

Total expenses

$9.2M

Net assets

$6.3M

Grants received

EIN

020783564

Tax year

2023

Mission

To organize, develop, construct, operate, maintain, and market a fiber optic cable network within the state of maryland and adjacent states, in order to promote economic development of this region for the benefit of all its citizens.

Financials

FY 2023

Revenue

Contributions & grants$75K
Program service revenue$7.2M
Investment income$221
Other revenue$1.5M
Total revenue$8.8M

Expenses

Grants paid
Salaries & benefits$3.0M
Fundraising
Other expenses$6.2M
Total expenses$9.2M
Total assets$14.8M
Net assets$6.3M

People

16 listed

NameRoleCompensation

ANDREW VAN DOPP

CEO/PRESIDENT

Board

$304K

40 hrs/wk

ROB THOMPSON

COO

Board

$236K

40 hrs/wk

TIM HAYES

CFO

Board

$204K

40 hrs/wk

TED BOOK

SECRETARY

Board

2 hrs/wk

SUSAN O'NEILL

DIRECTOR

Board

2 hrs/wk

BRIAN ROCHE

VICE CHAIRMAN

Board

2 hrs/wk

GUY WINTERBERG

DIRECTOR

Board

2 hrs/wk

JEREMEY SWEENEY

DIRECTOR

Board

2 hrs/wk

GREGORY PADGHAM

DIRECTOR

Board

2 hrs/wk

SCOTT WARNER

DIRECTOR

Board

2 hrs/wk

TOM DENNISON

DIRECTOR

Board

2 hrs/wk

NATHANIAL WATKINS

TREASURER

Board

2 hrs/wk

TIM MCGAHA

CHAIRMAN

Board

2 hrs/wk

WAYNE M HOWARD

EMPLOYEE

Staff

$165K

40 hrs/wk

THURMAN PETERMAN

EMPLOYEE

Staff

$120K

40 hrs/wk

DAVID MILLER

EMPLOYEE

Staff

$105K

40 hrs/wk

Independent contractors

LTE FIBERS LLC

FIBER SERVICE

$977K

KCI COMMUNICATIONS INFRASTRUCTURE

FIBER SERVICE

$900K

PILLAR INNOVATIONS

FIBER SERVICE

$808K

MD LIGHT SOURCE

SPLICE SERVICE

$549K

EQUINIX

COLOCATION SERVICE

$318K

Details

EIN020783564
NTEE codeY22
Subsection12
Ruling date2009-08
Formed2000
Employees26
Volunteers0
MARYLAND BROADBAND COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo