Public Charity

CITY OF BALTIMORE DEVELOPMENT CORPORATIO

CITY OF BALTIMORE DEVELOPMENT CORPORATIO is a nonprofit organization categorized as Public Charity based in BALTIMORE, MD. Its most recent IRS filing (2024) reports revenue of $2.6M, expenses of $9.9M, total assets of $30.6M. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $175K.

EIN: 521744007 BALTIMORE, MD Latest filing: 2024
Total Revenue$2.6M
Total Expenses$9.9M
Total Assets$30.6M
Grant Records8
Funding Total$175K
Filing Years2020–2024

Mission

THE CITY OF BALTIMORE DEVELOPMENT CORPORATION (BDC) IS CONTRACTED WITH THE CITY OF BALTIMORE TO PROVIDE ECONOMIC DEVELOPMENT SERVICES. WITH A MISSION TO RETAIN AND EXPAND EXISTING EMPLOYERS AND ATTRACT NEW ONES, WE WORK COLLABORATIVELY WITHIN CITY GOVERNMENT, AND WITH PRIVATE PARTNERS, TO DELIVER SERVICES THAT WILL HELP YOUR BUSINESS GROW.

Officers & Directors

DIRECTOR Alice Kennedy
DIRECTOR Angela Wells-Sims
IMMEDIATE PAST CHAIR Arnold Williams Cpa
CHAIR Augie Chiasera
DIRECTOR Carim Khouzami
CONTROLLER/TREASURER Chavel Dixon

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT AND VARIOUS PROJECTS
$77,750 4 grants
HEALTH
$50,000 1 grant
CONTRIBUTION
$30,000 2 grants
BALTIMORE INTEGRATION PARTNERSHIP
$17,080 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.6M $9.9M $30.6M
2023 $6.0M $11.5M $29.0M
2022 $7.6M $10.0M $34.4M
2021 $13.9M $25.5M $22.1M
2020 $9.2M $11.2M $31.9M

Between 2020 and 2024, reported annual revenue declined from $9.2M to $2.6M (-71%), with total assets most recently reported at $30.6M.

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

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