Mission
WE EMPOWER BUSINESSES TO GROW,CREATE JOBS AND GENERATE WEALTH ON MARYLAND'S EASTERN SHORE AND ACROSS THE STATE.
Public Charity
MARYLAND CAPITAL ENTERPRISES INC
Based in SALISBURY, MD, MARYLAND CAPITAL ENTERPRISES INC operates as a Public Charity. The organization reported $5.0M in revenue, $2.3M in expenses, $23.5M in total assets for fiscal year 2025. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $355K.
EIN: 522113016
SALISBURY, MD
Financial Counseling
NTEE: P51
Latest filing: 2025
Total Revenue$5.0M
Total Expenses$2.3M
Total Assets$23.5M
Grant Records3
Funding Total$355K
Filing Years2021–2025
Where $100 goes at Maryland Capital Enterprises Inc
How Maryland Capital Enterprises Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$88
Programs
the work itself
$12
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 $88 for programs
$88
Counseling, technical assistance, training in business startup, and loans to micro businesses.Provide potential entrepreneurs with their business idea, business startup checklist, and provide business and marketing plan assistance…
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 Received
1 grant(s) for varying purposes
$300,000
HUMAN SERVICES
$5,250
COVID-19 GRANT
$50,000
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
DIRECTOR
Carlton Stanley
BOARD CHAIRMAN
Dan Keunnen
DIRECTOR
Debbie Abbott
DIRECTOR
Doris Mason
DIRECTOR
J Michael Cottingham
DIRECTOR
John Hickman
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.0M | $2.3M | $23.5M |
| 2024 | $6.1M | $1.9M | $21.3M |
| 2023 | $4.7M | $1.5M | $17.7M |
| 2022 | $4.4M | $2.1M | $14.4M |
| 2021 | $4.6M | $2.1M | $12.9M |
Between 2021 and 2025, reported annual revenue grew from $4.6M to $5.0M (+10%), with total assets most recently reported at $23.5M.
Interactive year-over-year charts and full filing details available with membership.