NonprofitsMaryland Capital Enterprises Inc

Human Services

Maryland Capital Enterprises Inc

SALISBURY, MD

Total revenue

$6.1M

Total expenses

$1.9M

Net assets

$17.5M

Grants received

$365K

4 grants

EIN

522113016

Tax year

2023

Mission

We empower businesses to grow, create jobs and generate wealth on maryland's eastern shore and across the state.

Financials

FY 2023

Revenue

Contributions & grants$5.1M
Program service revenue$178K
Investment income$796K
Other revenue$31K
Total revenue$6.1M

Expenses

Grants paid
Salaries & benefits$852K
Fundraising
Other expenses$1.1M
Total expenses$1.9M
Total assets$21.3M
Net assets$17.5M

People

14 listed

NameRoleCompensation

MAURICE AMES

EXECUTIVE DIRECTOR

Board

$84K

40 hrs/wk

OLIVER WATERS

TREASURER

Board

2 hrs/wk

KELLY REW

SECRETARY

Board

2 hrs/wk

MARK SEWELL

VICE CHAIRMAN

Board

2 hrs/wk

DEBBIE ABBOTT

DIRECTOR

Board

2 hrs/wk

JOHN HICKMAN

DIRECTOR

Board

2 hrs/wk

LAMONTE COOKE

DIRECTOR

Board

2 hrs/wk

DAN KEUNNEN

BOARD CHAIRMAN

Board

2 hrs/wk

J MICHAEL COTTINGHAM

DIRECTOR

Board

2 hrs/wk

MEREDITH MEARS

DIRECTOR

Board

2 hrs/wk

RONALD MOLOCK

DIRECTOR

Board

2 hrs/wk

CARLTON STANLEY

DIRECTOR

Board

2 hrs/wk

DORIS MASON

DIRECTOR

Board

2 hrs/wk

ROB DAVIS CPA

DIRECTOR

Board

2 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$300K
1 grant(s) for varying purposes
2023
$50K
COVID-19 GRANT
2020
$10K
GENERAL OPERATING
2020

Funded by

$365K from 4 funders · 4 grants · 2020–2023

The Winston-Salem Foundation

$300K · 1 grant · 2023

Opportunity Finance Network

$50K · 1 grant · 2020

Truist Foundation Inc

$10K · 1 grant · 2020

Details

EIN522113016
NTEE codeP51
Subsection03
Ruling date1998-11
Formed1998
Employees14
Volunteers0
MARYLAND CAPITAL ENTERPRISES INC — Mission, Financials & Grants Received | Grantivo