Nonprofit · EIN 23-2671667
REBUILD METRO INC
Tax-exempt · BALTIMORE, MD 21213
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $17,324,252 | $7,183,451 | $10,140,801 | $66,343,656 | $40,668,465 | $25,675,191 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| C SEAN CLOSKEY | PRESIDENT Officer | 40 | $175,258 | $16,110 |
| MICHAEL BAINUM | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $144,388 | $8,050 |
| CHARLES METZGER JR | CONTROLLER Officer | 40 | $125,758 | $6,410 |
| JENNIFER GUILLAUME | DIRECTOR OF PLANNING AND C Highest-paid employee | 40 | $118,285 | $4,556 |
| REV GEORGE A HOPKINS JR | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DANA L JOHNSON | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| GORDON H GLENN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| NANCY WAGNER-HISLIP | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ARCHIE B REED | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| REV MARSHAL FRANK PRENTICE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER LANNING BAIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JULIA A DAY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT SCOTT ENGLISH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| REGINA HAMMOND | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MOLLY HATHAWAY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN STOKES | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| C SEAN CLOSKEY | PRESIDENT Officer | 40 | $169,448 | $14,787 |
| MICHAEL BAINUM | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $137,997 | $9,948 |
| CHARLES METZGER JR | CONTROLLER Officer | 40 | $115,866 | $6,044 |
| JENNIFER GUILLAUME | DIRECTOR OF PLANNING AND COMMUNITY ENGAGEMENT Highest-paid employee | 40 | $111,600 | $4,464 |
| REV CALVIN KEENE | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT ENGLISH | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DANA JOHNSON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| TOD GLENN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| NANCY WAGNER-HISLIP | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JANET HARVEY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ARCHIE REED | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| REV MARSHAL PRENTICE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ERICA SHELTON MD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER BAIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JULIE DAY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KAREN STOKES | BOARD 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
- Website
- WWW.REBUILDMETRO.COM
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
- Category (NTEE)
- Community improvement and capacity building (S50Z)
- Assets (IRS master file)
- $66,343,656
- Income (IRS master file)
- $17,343,665
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $17,324,252 | $7,183,451 | $66,343,656 | XML |
| 990 | December 2023 | $15,521,677 | $8,455,065 | $56,332,612 | XML |
| 990 | December 2022 | $6,607,787 | $4,823,181 | $39,942,541 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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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All nonprofits in BALTIMORE · Maryland · Community improvement and capacity building