Mission
TO PROMOTE AND FACILITATE THE REDEVELOPMENT OF CERTAIN PROPERTIES ALONG AND ADJACENT TO THE CITY OF CAMBRIDGE WATERFRONT.
Public Charity
CAMBRIDGE WATERFRONT DEVELOPMENT INC
CAMBRIDGE WATERFRONT DEVELOPMENT INC, of CAMBRIDGE, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $2.8M in revenue, $232K in expenses, $12.0M in total assets. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $42K.
EIN: 832040316
CAMBRIDGE, MD
Community & Neighborhood Development
NTEE: S20
Latest filing: 2025
Total Revenue$2.8M
Total Expenses$232K
Total Assets$12.0M
Grants Given2
Grant Total$42K
Filing Years2021–2025
Where $100 goes at Cambridge Waterfront Development Inc
How Cambridge Waterfront Development Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$21
Programs
the work itself
$79
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $21 for programs
$21
To promote and facilitate the redevelopment of certain properties along and adjacent to the city of Cambridge waterfront
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
OPERATING EXPENSES
$13,346
OPERATING EXPENSES
$28,500
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
PRESIDENT
Angie Hengst
DIRECTOR (START 5/19/25)
Bernard Brathwaite
TREASURER
Frank J Narr Jr
DIRECTOR
Gaver Nichols
VICE PRESIDENT
Micheal J Frenz
SECRETARY (THRU 11/7/25)
Natalie Chabot
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.8M | $232K | $12.0M |
| 2024 | $1.5M | $543K | $9.9M |
| 2023 | $537K | $206K | $8.4M |
| 2022 | $3.0M | $85K | $8.7M |
| 2021 | $60K | $152K | $76K |
Between 2021 and 2025, reported annual revenue grew from $60K to $2.8M (+4614%), with total assets most recently reported at $12.0M.
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.