Public Charity

MARYLAND RURAL DEVELOPMENT CORPORATION

Based in GREENSBORO, MD, MARYLAND RURAL DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $10.1M in revenue, $10.1M in expenses, $5.5M in total assets for fiscal year 2024. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $8.3M.

EIN: 521184645 GREENSBORO, MD Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$10.1M
Total Expenses$10.1M
Total Assets$5.5M
Grant Records9
Funding Total$8.3M
Filing Years2019–2024

Mission

PROVIDE ECONOMIC, EDUCATIONAL AND HOUSING ASSISTANCE TO INDIVIDUALS WHO ARE IN NEED THROUGH THE RESOURCES OFFERED BY GOVERNMENT ANDPRIVATE GRANTS.

Where $100 goes at Maryland Rural Development Corporation

How Maryland Rural Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$98 Programs the work itself
$2 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 $98 for programs

$84
Head start/early head start
86% of program spending
$7
Community services block grant provides housing & economic development assistance
7% of program spending
$4
The circuit rider program provides professional town managers to support small, rural municipalities, in rural maryland with technical assistance in financial administration, land planning and zoning initiatives, grant…
4% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
IN SUPPORT OF OPERATING IN EARLY HEAD START PROGRAM IN CECIL COUNTY
$1,980,446
2023
IN SUPPORT OF OPERATING IN EARLY HEAD START PROGRAM IN CECIL COUNTY
$1,419,832
2022
IN SUPPORT OF OPERATING IN EARLY HEAD START PROGRAM IN CECIL COUNTY
$850,068
2021
IN SUPPORT OF OPERATINGIN EARLY HEAD START PROGRAM IN CECIL COUNTY
$754,041
2020
In support of operating an Early Head Start Program in Cecil County
$902,758

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

INTERIM HS DIRECTOR Abigail Mcninch
BOARD CHAIR Bob Meffley
EXECUTIVE DIRECTOR UNTIL 7/19/24 Christopher Benzing
CFO Heather Lalor
SECRETARY Jocelyn Erby
VICE CHAIR John Harris

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$8,288,639 9 grants

Financial Trends

Year Revenue Expenses Assets
2024 $10.1M $10.1M $5.5M
2023 $8.6M $8.7M $5.7M
2022 $9.7M $9.9M $5.8M
2020 $8.1M $7.6M $3.0M
2019 $6.9M $6.5M $2.7M

Between 2019 and 2024, reported annual revenue grew from $6.9M to $10.1M (+47%), with total assets most recently reported at $5.5M.

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

See the full picture for MARYLAND RURAL DEVELOPMENT CORPORATION

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