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Nonprofit · EIN 26-0006476

HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION

Tax-exempt · BALTIMORE, MD 21201

Financials

$862K$1.1M2023$511K$1.3M2024
Revenue Expenses · by fiscal year end
Financials of HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$511,196$1,292,264-$781,068$4,986,295$4,724,242$262,053
December 31, 2023990$862,389$1,082,845-$220,456$5,721,804$4,678,683$1,043,121
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$178,492
Program service revenue
$0
Investment income
$291,350
Other revenue
$41,354

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$177,594
Salaries, compensation and benefits (total)
$200,858
Professional fundraising fees
$0
Legal fees
$34,760
Accounting fees
$47,475
Occupancy
$98,523
Depreciation
$48,965
Program services (functional)
$1,103,218
Management and general (functional)
$159,277
Fundraising (functional)
$29,769

Balance sheet and other

Total assets, start of year
$5,721,804
Total assets, end of year
$4,986,295
Total liabilities, end of year
$4,724,242
Net assets, end of year
$262,053
Land, buildings and equipment
$145,918
Net assets without donor restrictions
$262,053
Gross receipts
$511,196
Employees
2
Year formed
2001
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GERMANO GOMEZVICE PRESIDE
Officer
40$169,546
JOHN LEWISPRESIDENT AN
Officer
5$4,797
JOSEPH HASKINS JRCHAIRMAN
Trustee or director, Officer
–$0
ERICH W MARCHDIRECTOR
Trustee or director
–$0
STACY SMITHDIRECTOR
Trustee or director
–$0
ALVIN C HATHAWAY SRDIRECTOR
Trustee or director
–$0
STANLEY W TUCKERDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
GERMANO GOMEZVICE PRESIDE
Officer
40$130,763
CHEVELLE HILLOFFICER
Officer
40$30,555
JOHN LEWISEXEC. VICE P
Officer
5$4,650
BRIA BAILYOFFICER
Officer
40$3,077
JOSEPH HASKINS JRCHAIRMAN AND
Trustee or director, Officer
–$0
ERICH W MARCHDIRECTOR
Trustee or director
–$0
STACY SMITHDIRECTOR
Trustee or director
–$0
ALVIN C HATHAWAY SRDIRECTOR
Trustee or director
–$0
STANLEY W TUCKERDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
25 W FAYETTE ST, BALTIMORE, MD 21201-3702
In care of
% SAMUEL J DEAL
Mailing address (990-N for 2010)
25 WEST FAYETTE STREET, BALTIMORE MD 21201
Principal officer (990 for 2024)
JOHN LEWIS, 25 WEST FAYETTE STREET, BALTIMORE, MD 21201
Principal officer (990-N for 2010)
SARA DOPKIN, 25 WEST FAYETTE STREET, BALTIMORE MD 21201
Signed the 990
JOHN LEWIS, PRESIDENT AND CEO
Phone
(410) 528-1800
Return prepared by
MARSHALL AND REUMONT CPAS

Mission

TO SERVICE AND PROVIDE CAPITAL AND FINANCIAL SERVICES TO RESIDENTS AND GROUPS LIVING AND BUSINESSES OPERATING IN LOW-INCOME COMMUNITIES OF BALTIMORE CITY AND SURROUNDING AREAS BY FURTHERING AND PROMOTING EXCLUSIVELY, CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES.

990 for the year ended December 31, 2024

Program accomplishments

  • HOUSING - RESIDENTIAL & COMMERCIAL CONSTRUCTION & REHABILITATION IN AN ATTEMPT TO REVITALIZE NEIGHBORHOODS
    Expenses $1,083,275
  • HOUSING - RESIDENTIAL & COMMERCIAL CONSTRUCTION & REHABILITATION IN AN ATTEMPT TO REVITALIZE NEIGHBORHOODS
    Expenses $19,943

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
26-0006476
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
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,986,295
Income (IRS master file)
$511,196

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$511,196$1,292,264$4,986,295IRS
990December 2023$862,389$1,082,845$5,721,804XML
990December 2022$389,210$720,159$5,828,537IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2010
Officer: SARA DOPKIN
December 31, 2010≤ $50,000 receipts––e-Postcard

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 26-0006476).

Questions about HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION

What is the EIN of HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION is 26-0006476.
Is HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION 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 HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION 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 HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION 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 HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names JOHN LEWIS.
Who are the officers and directors of HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $169,546 (GERMANO GOMEZ, VICE PRESIDE).
How much revenue does HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $511,196, expenses of $1,292,264 and total assets of $4,986,295 at year end.

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