Nonprofit · EIN 02-0783564
MARYLAND BROADBAND COOPERATIVE INC
Tax-exempt · SALISBURY, MD 21801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,624,596 | $8,457,431 | -$832,835 | $14,580,708 | $9,114,203 | $5,466,505 |
| June 30, 2024 | 990 | $8,762,416 | $9,184,522 | -$422,106 | $14,793,277 | $8,493,937 | $6,299,340 |
| June 30, 2023 | 990 | $9,031,284 | $8,736,151 | $295,133 | $13,982,344 | $7,260,898 | $6,721,446 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $28,168
- of which government grants
- $27,668
- Membership dues
- $500
- Program service revenue
- $7,544,552
- Investment income
- $21,933
- Net rental income
- $28,189
- Other revenue
- $29,943
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,442,892
- Other salaries and wages
- $1,110,539
- Salaries, compensation and benefits (total)
- $3,104,919
- Professional fundraising fees
- $0
- Legal fees
- $127,430
- Accounting fees
- $29,282
- Occupancy
- $67,761
- Travel
- $44,902
- Depreciation
- $1,507,854
Balance sheet and other
- Total assets, start of year
- $14,793,277
- Total assets, end of year
- $14,580,708
- Total liabilities, end of year
- $9,114,203
- Net assets, end of year
- $5,466,505
- Land, buildings and equipment
- $63,636,050
- Gross unrelated business income
- $11,909
- Gross receipts
- $7,693,518
- Employees
- 25
- Volunteers
- 0
- Year formed
- 2000
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW VAN DOPP | CEO/PRESIDENT Trustee or director, Officer | 40 | $357,534 | $73,589 |
| TIM HAYES | CFO Trustee or director, Officer | 40 | $221,972 | $61,068 |
| ROB THOMPSON | COO Officer | 40 | $226,890 | $53,339 |
| WAYNE M HOWARD | EMPLOYEE Highest-paid employee | 40 | $175,179 | $52,716 |
| THURMAN PETERMAN | EMPLOYEE Highest-paid employee | 40 | $127,040 | $53,491 |
| CHARLES RUSSEL | EMPLOYEE Highest-paid employee | 40 | $102,433 | $10,243 |
| TIM MCGAHA | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| TOM DENNISON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT WARNER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREGORY PADGHAM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRIAN ROCHE | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| NATHANIAL WATKINS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| TED BOOK | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SUSAN O'NEILL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GUY WINTERBERG | DIRECTOR Trustee or director | 2 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEREMEY SWEENEY | DIRECTOR Trustee or director | 2 | $0 |
| JOHN HARTLINE | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW VAN DOPP | CEO/PRESIDENT Trustee or director, Officer | 40 | $303,903 | $72,084 |
| ROB THOMPSON | COO Officer | 40 | $236,206 | $53,550 |
| TIM HAYES | CFO Trustee or director, Officer | 40 | $203,714 | $20,371 |
| WAYNE M HOWARD | EMPLOYEE Highest-paid employee | 40 | $164,837 | $49,628 |
| THURMAN PETERMAN | EMPLOYEE Highest-paid employee | 40 | $120,304 | $50,209 |
| DAVID MILLER | EMPLOYEE Highest-paid employee | 40 | $104,929 | $0 |
| TIM MCGAHA | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| TOM DENNISON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT WARNER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREGORY PADGHAM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRIAN ROCHE | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| NATHANIAL WATKINS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| TED BOOK | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| SUSAN O'NEILL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GUY WINTERBERG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEREMEY SWEENEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW VAN DOPP | CEO/PRESIDENT Trustee or director, Officer | 40 | $302,206 | $72,084 |
| ROB THOMPSON | COO Officer | 40 | $222,625 | $52,866 |
| WAYNE M HOWARD | EMPLOYEE Highest-paid employee | 40 | $137,394 | $46,883 |
| THURMAN PETERMAN | EMPLOYEE Highest-paid employee | 40 | $115,406 | $49,720 |
| GARY K RUARK | EMPLOYEE Highest-paid employee | 40 | $101,994 | $12,577 |
| TOM DENNISON | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| TED BOOK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NATHANIEL WATKINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT WARNER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREGORY PADGHAM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRIAN ROCHE | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| JOHN HARTLINE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SUSAN O'NEILL | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| TIM MCGAHA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GUY WINTERBERG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEREMEY SWEENEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TIM HAYES | CFO Trustee or director, Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2129A NORTHWOOD DR, SALISBURY, MD 21801-7858
- Principal officer (990 for 2024)
- TIMOTHY HAYES, 2129A NORTHWOOD DR, SALISBURY, MD 21801
- Signed the 990
- TIMOTHY HAYES, VP OF FINANCE
- Phone
- (410) 341-6322
- Website
- WWW.MDBC.US
- Return prepared by
- PKS & COMPANY PA
Mission
TO DRIVE ECONOMIC DEVELOPMENT THROUGH UNIVERSAL, OPEN ACCESS TO BROADBAND SERVICES VIA A FIBER OPTIC NETWORK THAT SERVES RURAL MARYLAND BY BUILDING AN ADVANCED, WORLD-CLASS BROADBAND NETWORK ACROSS THE RURAL COMMUNITIES OF EASTERN, SOUTHERN AND WESTERN MARYLAND. SUPPORTED BY ITS MEMBERS WHO PROVIDE "LAST MILE" SERVICES
Program accomplishments
- TO ORGANIZE DEVELOP, CONSTRUCT, OPERATE, MAINTAIN, AND MARKET A FIBER OPTIC CABLE NETWORK WITHIN THE STATE OF MARYLAND AND ADJACENT STATES, IN ORDER TO PROMOTE ECONOMIC DEVELOPMENT OF THIS REGION FOR THE BENEFIT OF ALL ITS CITIZENS.Expenses $8,457,431 · revenue $7,624,096
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 02-0783564
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2009
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y22)
- Assets (IRS master file)
- $14,580,708
- Income (IRS master file)
- $7,693,518
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,624,596 | $8,457,431 | $14,580,708 | XML |
| 990 | June 2024 | $8,762,416 | $9,184,522 | $14,793,277 | XML |
| 990 | June 2023 | $9,031,284 | $8,736,151 | $13,982,344 | XML |
| 990 | June 2022 | $7,937,357 | $5,172,605 | $10,221,710 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0783564).
Questions about MARYLAND BROADBAND COOPERATIVE INC
- What is the EIN of MARYLAND BROADBAND COOPERATIVE INC?
- The employer identification number (EIN) of MARYLAND BROADBAND COOPERATIVE INC is 02-0783564.
- Is MARYLAND BROADBAND COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2009.
- Are donations to MARYLAND BROADBAND COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MARYLAND BROADBAND COOPERATIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MARYLAND BROADBAND COOPERATIVE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARYLAND BROADBAND COOPERATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MARYLAND BROADBAND COOPERATIVE INC?
- The 990 for the year ended June 30, 2025 names TIMOTHY HAYES.
- Who are the officers and directors of MARYLAND BROADBAND COOPERATIVE INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 6 received compensation from the organization, the highest $357,534 (ANDREW VAN DOPP, CEO/PRESIDENT).
- How much revenue does MARYLAND BROADBAND COOPERATIVE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,624,596, expenses of $8,457,431 and total assets of $14,580,708 at year end.
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