Nonprofit · EIN 52-1557804
MARYLAND CHAMBER FOUNDATION
Tax-exempt · ANNAPOLIS, MD 21401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $129,776 | $156,387 | -$26,611 | $136,654 | $7,124 | $129,530 |
| December 31, 2024 | 990 | $151,972 | $101,386 | $50,586 | $167,787 | $11,646 | $156,141 |
| December 31, 2023 | 990 | $271,008 | $242,251 | $28,757 | $114,852 | $9,297 | $105,555 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $128,750
- Program service revenue
- $0
- Investment income
- $1,026
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $52,000
- Other salaries and wages
- $50,744
- Salaries, compensation and benefits (total)
- $50,744
- Professional fundraising fees
- $0
- Accounting fees
- $7,500
- Program services (functional)
- $115,579
- Management and general (functional)
- $40,808
Balance sheet and other
- Total assets, start of year
- $167,787
- Total assets, end of year
- $136,654
- Total liabilities, end of year
- $7,124
- Net assets, end of year
- $129,530
- Net assets without donor restrictions
- $91,530
- Net assets with donor restrictions
- $38,000
- Gross receipts
- $129,776
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1988
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARY KANE | PRESIDENT/CEO Trustee or director | 1 | $0 | $277,695 | $40,979 |
| WHITNEY HARMEL | DIRECTOR Trustee or director | 9 | $0 | $192,500 | $21,467 |
| JIM CANTOR | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| STEVEN EDWARDS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRANDON BUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FIONA ONG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MEL LITTER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TIM ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARSHA ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARY KANE | PRESIDENT/CEO Trustee or director | 1 | $0 | $259,535 | $37,770 |
| WHITNEY HARMEL | DIRECTOR Trustee or director | 9 | $0 | $183,700 | $20,431 |
| JIM CANTOR | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| STEVEN EDWARDS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRANDON BUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FIONA ONG | COUNCEL Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MEL LITTER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TIM ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARSHA ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARY KANE | PRESIDENT/CEO Trustee or director, Officer | 1 | $0 | $247,170 | $37,208 |
| WHITNEY HARMEL | EXECUTIVE DIRECTOR Trustee or director | 9 | $0 | $176,500 | $20,106 |
| JIM CANTOR | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| STEVEN EDWARDS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRANDON BUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FIONA ONG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MEL LITTER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TIM ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SHEELA MURTHY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANA WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 60 WEST ST STE 100, ANNAPOLIS, MD 21401-2479
- In care of
- % MIQUELLE KOONCE
- Mailing address (990-N for 2017)
- 60 West Street, Annapolis MD 21401
- Principal officer (990 for 2025)
- WHITNEY HARMEL, 60 WEST STREET 100, ANNAPOLIS, MD 214012434
- Principal officer (990-N for 2017)
- Christine Ross, 60 West Street, Annapolis MD 21401
- Signed the 990
- WHITNEY HARMEL, EXECUTIVE DIRECTOR
- Phone
- (410) 269-0642
- Website
- WWW.MDCHAMBER.ORG/FOUNDATION
- Return prepared by
- ELLIN & TUCKER CHARTERED
Mission
TO SUPPORT THE SHARED VISION OF A BETTER MARYLAND. WITH PRIORITIES LIKE RESEARCH, DEVELOPMENT, AND EDUCATION, THE FOUNDATION IS A CORNERSTONE OF COMMUNITY-BUILDING IN BUSINESS.
Program accomplishments
- THE MARYLAND CHAMBER FOUNDATION WAS CREATED BY THE MARYLAND CHAMBER OF COMMERCE TO FURTHER IT'S MISSION OF ADVANCING INCLUSIVE PARTNERSHIP FOR A MARYLAND WHERE ALL BUSINESSES AND THEIR COMMUNITIES THRIVE. THE MARYLAND CHAMBER FOUNDATION CONDUCTS RESEARCH AND DEVELOPMENT, UTILIZES ECONOMIC DATA, AND CREATES THOUGHT LEADERSHIP TO SUPPORT THE ADVANCEMENT OF MARYLAND'S ECONOMY.Expenses $115,579 · grants $52,000
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 | 990 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
- 52-1557804
- 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
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B95Z)
- Assets (IRS master file)
- $136,654
- Income (IRS master file)
- $129,776
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $129,776 | $156,387 | $136,654 | XML |
| 990 | December 2024 | $151,972 | $101,386 | $167,787 | XML |
| 990 | December 2023 | $271,008 | $242,251 | $114,852 | XML |
| 990 | December 2022 | $246,100 | $270,552 | $81,304 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2017 Officer: Christine Ross | July 31, 2018 | ≤ $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 52-1557804).
Questions about MARYLAND CHAMBER FOUNDATION
- What is the EIN of MARYLAND CHAMBER FOUNDATION?
- The employer identification number (EIN) of MARYLAND CHAMBER FOUNDATION is 52-1557804.
- Is MARYLAND CHAMBER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to MARYLAND CHAMBER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARYLAND CHAMBER FOUNDATION 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 CHAMBER FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARYLAND CHAMBER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MARYLAND CHAMBER FOUNDATION?
- The 990 for the year ended December 31, 2025 names WHITNEY HARMEL.
- Who are the officers and directors of MARYLAND CHAMBER FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does MARYLAND CHAMBER FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $129,776, expenses of $156,387 and total assets of $136,654 at year end.
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