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Nonprofit · EIN 23-2671667

REBUILD METRO INC

Tax-exempt · BALTIMORE, MD 21213

Financials

$15.5M$8.5M2023$17.3M$7.2M2024
Revenue Expenses · by fiscal year end
Financials of REBUILD METRO INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$17,324,252$7,183,451$10,140,801$66,343,656$40,668,465$25,675,191
December 31, 2023990$15,521,677$8,455,065$7,066,612$56,332,612$40,834,896$15,497,716
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$14,276,618
of which government grants
$10,619,399
Program service revenue
$2,137,085
Investment income
$84,956
Net gain from sales of assets
-$19,413
Other revenue
$825,593

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$323,536
Other salaries and wages
$1,423,577
Salaries, compensation and benefits (total)
$2,097,033
Professional fundraising fees
$0
Legal fees
$259,080
Accounting fees
$98,519
Occupancy
$122,987
Travel
$25,161
Depreciation
$534,378
Program services (functional)
$5,543,076
Management and general (functional)
$1,480,909
Fundraising (functional)
$159,466

Balance sheet and other

Total assets, start of year
$56,332,612
Total assets, end of year
$66,343,656
Total liabilities, end of year
$40,668,465
Net assets, end of year
$25,675,191
Land, buildings and equipment
$14,306,609
Net assets without donor restrictions
$25,675,191
Gross receipts
$17,343,665
Employees
29
Volunteers
12
Year formed
1991
State of legal domicile
PA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
C SEAN CLOSKEYPRESIDENT
Officer
40$175,258$16,110
MICHAEL BAINUMDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$144,388$8,050
CHARLES METZGER JRCONTROLLER
Officer
40$125,758$6,410
JENNIFER GUILLAUMEDIRECTOR OF PLANNING AND C
Highest-paid employee
40$118,285$4,556
REV GEORGE A HOPKINS JRCHAIR
Trustee or director, Officer
2$0$0
DANA L JOHNSONVICE CHAIR
Trustee or director, Officer
2$0$0
GORDON H GLENNSECRETARY
Trustee or director, Officer
2$0$0
NANCY WAGNER-HISLIPTREASURER
Trustee or director, Officer
2$0$0
ARCHIE B REEDBOARD MEMBER
Trustee or director
2$0$0
REV MARSHAL FRANK PRENTICEBOARD MEMBER
Trustee or director
2$0$0
PETER LANNING BAINBOARD MEMBER
Trustee or director
2$0$0
JULIA A DAYBOARD MEMBER
Trustee or director
2$0$0
ROBERT SCOTT ENGLISHBOARD MEMBER
Trustee or director
2$0$0
REGINA HAMMONDBOARD MEMBER
Trustee or director
2$0$0
MOLLY HATHAWAYBOARD MEMBER
Trustee or director
2$0$0
1 more people on this return
NameTitleHours / weekCompensation
KAREN STOKESBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
C SEAN CLOSKEYPRESIDENT
Officer
40$169,448$14,787
MICHAEL BAINUMDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$137,997$9,948
CHARLES METZGER JRCONTROLLER
Officer
40$115,866$6,044
JENNIFER GUILLAUMEDIRECTOR OF PLANNING AND COMMUNITY ENGAGEMENT
Highest-paid employee
40$111,600$4,464
REV CALVIN KEENECHAIRMAN
Trustee or director, Officer
2$0$0
ROBERT ENGLISHVICE CHAIR
Trustee or director, Officer
2$0$0
DANA JOHNSONSECRETARY
Trustee or director, Officer
2$0$0
TOD GLENNTREASURER
Trustee or director, Officer
2$0$0
NANCY WAGNER-HISLIPBOARD MEMBER
Trustee or director
2$0$0
JANET HARVEYBOARD MEMBER
Trustee or director
2$0$0
ARCHIE REEDBOARD MEMBER
Trustee or director
2$0$0
REV MARSHAL PRENTICEBOARD MEMBER
Trustee or director
2$0$0
ERICA SHELTON MDBOARD MEMBER
Trustee or director
2$0$0
PETER BAINBOARD MEMBER
Trustee or director
2$0$0
JULIE DAYBOARD MEMBER
Trustee or director
2$0$0
KAREN STOKESBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1129 N CAROLINE ST, BALTIMORE, MD 21213-2816
Principal officer (990 for 2024)
CHARLES METZGER JR, 1129 NORTH CAROLINE STREET, BALTIMORE, MD 21213
Signed the 990
CHARLES METZGER JR, DIRECTOR OF ACCOUNTING & FINANCE
Phone
(410) 563-6220
Return prepared by
GORFINE SCHILLER & GARDYN PA

Mission

RBMI SEEKS TO CREATE WEALTH AND OPPORTUNITY FOR THE COMMUNITIES IT SERVES BY MAKING REAL ESTATE INVESTMENTS THAT REINFORCE COMMUNITY ASSETS, REVITALIZE DOWNWARD MARKETS AND CREATE SUITABLE ENVIRONMENTS FOR MARKET GROWTH. ITS INVESTMENT PROCESS SEEKS LONG-TERM SUSTAINABLE CHANGE AND REQUIRES EFFECTIVE PARTNERSHIPS WITH NEIGHBORHOOD ORGANIZATIONS, LOCAL GOVERNMENTS AND PRIVATE DEVELOPERS.

990 for the year ended December 31, 2024

Program accomplishments

  • PARTICIPATES IN 1) REAL ESTATE TRANSACTIONS AND BUILDS AFFORDABLE HOMES TO CREATE OPPORTUNITY FOR DISADVANTAGED FAMILIES IN SUBURBAN LOCATIONS AND 2) COMMUNITY-LED REDEVELOPMENT OF DISTRESSED URBAN NEIGHBORHOODS. SUBURBAN INCOME-RESTRICTED HOUSING DEVELOPMENTS INCLUDE TWO PROJECTS UNDER DEVELOPMENT: A 60-UNIT APARTMENT BUILDING IN MAPLE SHADE, NJ, AND A 58-UNIT APARTMENT BUILDING IN SADDLE BROOK, NJ; AND 6 COMPLETED PROJECTS PROVIDING OVER 550 AFFORDABLE RENTAL UNITS FOR FAMILIES AND SENIORS IN NJ, DE, AND MD. REBUILD METRO'S REDEVELOPMENT OF DISTRESSED URBAN AREAS IS FOCUSED ON BALTIMORE, MD. CURRENTLY, REBUILD METRO IS ADVANCING THE REHABILITATION OF OVER 40 HISTORIC TOWNHOMES FOR SALE IN EAST BALTIMORE AND WORKING ON THE DEVELOPMENT OF 113 AFFORDABLE RENTAL UNITS. REBUILD ALSO DIRECTLY MANAGES 160 AFFORDABLE RENTAL UNITS AND IS THE CO-DEVELOPER AND MINORITY PARTNER OF 3 AFFORDABLE APARTMENT BUILDINGS WHICH SERVE 189 LOW-INCOME FAMILIES IN EAST BALTIMORE. AS PART OF ITS URBAN REDEVELOPMENT WORK, REBUILD METRO IS THE LED DEVELOPER FOR THE JOHNSTON SQUARE PLAN AND IT HAS SITE CONTROL OVER 550 VACANT PROPERTIES, WHICH ARE BEING REVITALIZED TO CREATE RESIDENTIAL DEVELOPMENT, PARKS, PLAYGROUNDS, AND OTHER COMMUNITY AMENITIES.
    Expenses $5,543,076 · revenue $2,962,678

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-2671667
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$66,343,656
Income (IRS master file)
$17,343,665

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$17,324,252$7,183,451$66,343,656XML
990December 2023$15,521,677$8,455,065$56,332,612XML
990December 2022$6,607,787$4,823,181$39,942,541IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 23-2671667).

Questions about REBUILD METRO INC

What is the EIN of REBUILD METRO INC?
The employer identification number (EIN) of REBUILD METRO INC is 23-2671667.
Is REBUILD METRO INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to REBUILD METRO INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does REBUILD METRO 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 REBUILD METRO INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did REBUILD METRO INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of REBUILD METRO INC?
The 990 for the year ended December 31, 2024 names CHARLES METZGER JR.
Who are the officers and directors of REBUILD METRO INC?
The 990 for the year ended December 31, 2024 lists 16 people; 4 received compensation from the organization, the highest $175,258 (C SEAN CLOSKEY, PRESIDENT).
How much revenue does REBUILD METRO INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $17,324,252, expenses of $7,183,451 and total assets of $66,343,656 at year end.

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