2025-11-04T09:43:37-06:00 2024-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2024-01-01 922086375 BUSINESS DEVELOPMENT & RESOURCE CENTER - BCL COMMUNITY FACILITY INC BUSI 4107278590 301 N CALVERT STREET BALTIMORE MD 21202 WATCHEN HARRIS BRUCE PRESIDENT & CEO 4107278590 2025-11-03 1 0 MONIQUE BOOKER P00644231 4105840060 2024 2025-03-06 01:10:19Z WATCHEN HARRIS BRUCE 301 N CALVERT STREET BALTIMORE MD 21202 2060000 0 X WWW.BCLENDING.ORG X 2023 MD 4 3 2 0 4 0 0 195236 2060000 0 0 0 0 0 0 195236 2060000 0 0 0 0 0 0 0 0 0 149193 361285 149193 361285 46043 1698715 3749134 5395438 3703091 3480800 46043 1914638 TO IMPROVE AND STRENGTHEN THE ENABLING ENVIRONMENT FOR SMALL BUSINESS DEVELOPMENT SERVICES, ENHANCING THE ECOSYSTEM OF SMALL BUSINESS LENDING FOR BIPOC AND OTHER UNDERSERVED COMMUNITIES IN THE BALTIMORE REGION. 0 0 361285 SMALL BUSINESS DEVELOPMENT: THE CENTER OFFERS WRAP-AROUND BUSINESS SERVICES IN PARTNERSHIP, COLLABORATION, AND/OR SPONSORSHIP WITH OTHER SERVICES PROVIDERS TO HELP BUSINESSES GROW AND EXPAND BEYOND MICRO TO SMALL, MEDIUM, AND LARGE BUSINESSES. THIS WILL BE DONE THROUGH OFFERING PLACED-BASED TRAINING AND A BUSINESS INCUBATION CENTER THAT OFFERS A WIDE VARIETY OF TRAINING AND CAPACITY BUILDING ACTIVITIES TO BUSINESSES AND ORGANIZATIONS REGIONALLY, NATIONALLY, OR PERHAPS EVEN INTERNATIONALLY. 361285 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X SUSAN KELLY 4107278590 301 N CALVERT STREET BALITMORE MD 21202 ALVIN C HATHAWAY SR BOARD MEMBER 0.30 X 0 0 0 SEAN RUSSELL VICE PRESIDENT 1.00 39.00 X X 0 0 0 SUSAN KELLY TREASURER 1.00 39.00 X X 0 0 0 NICHOLE DOYLE BATTLE BOARD MEMBER 0.30 X 0 0 0 WATCHEN HARRIS BRUCE PRESIDENT AND CEO - BCL 1.00 39.00 X X 0 0 0 CLARENCE SNUGGS SECRETARY 1.00 39.00 X X 0 0 0 0 0 0 0 0 0 0 0 2000000 60000 2060000 2060000 0 0 0 X 60191 60191 73168 73168 151 151 9450 9450 18901 18901 11301 11301 101418 101418 DUES AND SUBSCRIPTIONS 499 499 86206 86206 361285 361285 0 0 359803 -145289 66976 149057 5403385 11715 3322355 5391670 3749134 5395438 2 37475 824764 565000 2878325 2878325 3703091 3480800 X 46043 1914638 46043 1914638 3749134 5395438 1698715 169880 0 X 0 0 0 X 45104 195236 2060000 2300340 45104 195236 2060000 2300340 0 0 0 2300340 45104 195236 2060000 2300340 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5271688 5271688 131697 11715 119982 5391670 X PART X, LINE 2: BALTIMORE COMMUNITY LENDING, INC., CREO INC., AND BD&RC ARE EXEMPT FROM THE PAYMENT OF INCOME TAXES ON INCOME OTHER THAN NET UNRELATED BUSINESS INCOME UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. THE PROVISIONS INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. BCL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2024, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2021 THROUGH 2024 REMAIN OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE STATE AND LOCAL JURISDICTION IN WHICH BCL FILES TAX RETURNS. IT IS BCL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS INCOME TAX EXPENSE. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 WAS REVIEWED BY MANAGEMENT AND THE AUDIT & FINANCE COMMITTEE. A COPY OF THE FINAL VERSION WAS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD EXECUTIVE COMMITTEE REVIEWS AND APPROVES ALL OFFICERS' COMPENSATION. COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS INDUSTRY PEER COMPENSATION IS CONSIDERED IN MAKING COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 73,168. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,168. BALTIMORE COMMUNITY LENDING INC 875 HOLLINS STREET SUITE 301 BALTIMORE MD 21201 521632468 ADMINISTERING COMMUNITY DEVELOPMENT FINANCING MD LINE 12B, II 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 BALTIMORE COMMUNITY LENDING INC E 2878325