Public Charity

Salisbury Wicomico Economic Development Inc

Salisbury Wicomico Economic Development Inc is a private foundation categorized as Public Charity based in Salisbury, MD. Its most recent IRS filing (2024) reports revenue of $2.4M, expenses of $2.3M, total assets of $1.8M. Imperigo tracks 79 reported grants from this foundation totaling approximately $1.2M.

EIN: 520885275 Salisbury, MD Latest filing: 2024
Total Revenue$2.4M
Total Expenses$2.3M
Total Assets$1.8M
Grants Given79
Grant Total$1.2M
Filing Years2019–2024

Mission

RESPONSIBLE FOR THE ENHANCEMENT OF THE SOCIO-ECONOMIC ENVIRONMENT OF SALISBURY AND THE WICOMICO COUNTY REGION THROUGH THE PRESERVATION AND CREATION OF PRODUCTIVE EMPLOYMENT OPPORTUNITIES.

Sample Grants Given

MCCAIN DEES & ASSOCIATES INC
SALISBURY, MD · 2021
ASSIST WITH DISRUPTION DUE TO COVID
$14,636
TRS CPA GROUP PA
SALISBURY, MD · 2021
ASSIST WITH DISRUPTION DUE TO COVID
$12,650
DRS BRANTON AND JARRAH PA
SALISBURY, MD · 2021
ASSIST WITH DISRUPTION DUE TO COVID
$10,000
MITCHELL S GITTELMAN DO PA
SALISBURY, MD · 2021
ASSIST WITH DISRUPTION DUE TO COVID
$7,956
LAWS INSLEY & BENSON PA
SALISBURY, MD · 2021
ASSIST WITH DISRUPTION DUE TO COVID
$7,378

Showing up to 5 of 79 total records — full history available with membership.

Officers & Directors

Director Bak Patel
Director Bob Core
Director Chelsye Phillips-Hutton
Director Chris Hall
Director Chris Perdue
Secretary Christopher Eccleston

Officer compensation and complete director data available with membership.

Top Grant Purposes

ASSIST SMALL BUSINESS WITH DISRUPTED OPERATIONS DUE TO COVID
$1,105,099 65 grants
ASSIST WITH DISRUPTION DUE TO COVID
$64,550 7 grants
ASSIST SMALL BUSINESSES WITH DISRUPTED OPERATIONS DUE TO COVID
$58,542 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.4M $2.3M $1.8M
2023 $971K $935K $3.7M
2022 $288K $430K $1.1M
2021 $5.4M $5.6M $1.2M
2019 $280K $270K $1.0M

Between 2019 and 2024, reported annual revenue grew from $280K to $2.4M (+741%), with total assets most recently reported at $1.8M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MD.

MD

Full geographic grant map with state-by-state breakdown available with membership.

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