Nonprofit · EIN 52-1777737
MARYLAND-ISRAEL DEVELOPMENT CENTER INC
Tax-exempt · BALTIMORE, MD 21202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $523,602 | $509,084 | $14,518 | $1,734,002 | $86,878 | $1,647,124 |
| June 30, 2024 | 990 | $569,353 | $412,564 | $156,789 | $1,640,804 | $117,529 | $1,523,275 |
| June 30, 2023 | 990 | $541,803 | $448,161 | $93,642 | $1,394,101 | $102,150 | $1,291,951 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $438,383
- of which government grants
- $320,980
- Program service revenue
- $71,475
- Investment income
- $13,744
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $240,473
- Other salaries and wages
- $45,049
- Salaries, compensation and benefits (total)
- $309,263
- Professional fundraising fees
- $0
- Legal fees
- $1,868
- Accounting fees
- $17,668
- Occupancy
- $903
- Travel
- $896
- Program services (functional)
- $288,402
- Management and general (functional)
- $157,546
- Fundraising (functional)
- $63,136
Balance sheet and other
- Total assets, start of year
- $1,640,804
- Total assets, end of year
- $1,734,002
- Total liabilities, end of year
- $86,878
- Net assets, end of year
- $1,647,124
- Net assets without donor restrictions
- $1,589,949
- Net assets with donor restrictions
- $57,175
- Gross receipts
- $523,602
- Employees
- 3
- Volunteers
- 30
- Year formed
- 1992
- 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 |
|---|---|---|---|---|
| DAVID SPEER | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $116,765 | $3,567 |
| NANCY BOGUSLAW | DEPUTY DIRECTOR Officer | 40 | $106,490 | $5,340 |
| DAVID KUNTZ | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JAY RADOV | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ELDAR AHARONOVICH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HOWARD FELDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| YAIR FLICKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES HUGHES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GAIL JAVITT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALVIN KATZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN MANDELBAUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NINA ROSENZWOG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES RUBIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YOAV SAIDEL | DIRECTOR Trustee or director | 1 | $0 |
| DARA SCHNEE | DIRECTOR Trustee or director | 1 | $0 |
| HANAN SIBEL | DIRECTOR Trustee or director | 1 | $0 |
| JAY STEINMETZ | DIRECTOR Trustee or director | 1 | $0 |
| STEVE DUBIN | DIRECTOR (UNTIL 09/24) Trustee or director | 1 | $0 |
| NATALIE GUTMAN-CHEN | DIRECTOR (UNTIL 09/24) Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NANCY BOGUSLAW | DEPUTY DIRECTOR Officer | 40 | $99,247 | $21,925 |
| DAVID SPEER | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $110,125 | $3,386 |
| DAVID KUNTZ | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JAY RADOV | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ELDAR AHARONOVICH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE DUBIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HOWARD FELDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| YAIR FLICKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NATALIE GUTMAN-CHEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES HUGHES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GAIL JAVITT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALVIN KATZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN MANDELBAUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES RUBIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HANAN SIBEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAY STEINMETZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NANCY BOGUSLAW | DEPUTY DIRECTOR Officer | 40 | $102,679 | $12,158 |
| DAVID SPEER | EXECUTIVE DIRECTOR Officer | 40 | $110,121 | $2,660 |
| DAVID KUNTZ | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JAY RADOV | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| NATALIE GUTMAN-CHEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE DUBIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HOWARD FELDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| YAIR FLICKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES HUGHES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GAIL JAVITT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALVIN KATZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN MANDELBAUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HANAN SIBEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 401 EAST PRATT STREET, BALTIMORE, MD 21202-3117
- Principal officer (990 for 2024)
- DAVID SPEER, 401 EAST PRATT STREET, BALTIMORE, MD 21202
- Signed the 990
- DAVID SPEER, EXECUTIVE DIRECTOR
- Phone
- (410) 369-9238
- Website
- WWW.MARYLANDISRAEL.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE MARYLAND/ISRAEL DEVELOPMENT CENTER IS A NON-PROFIT MEMBERSHIP ORGANIZATION THAT PROMOTES TRADE AND INVESTMENT BETWEEN MARYLAND AND ISRAELI COMPANIES. MIDC PROVIDES EDUCATIONAL PROGRAMS ABOUT THE ECONOMICS OF THE STATE OF MARYLAND AND ISRAEL.
Program accomplishments
- BUSINESS DEVELOPMENT/COMMUNITY DEVELOPMENT/MEMBERSHIPS - THE MIDC HAS AN ALLIANCE WITH OTHER ORGANIZATIONS WITH THE MISSION OF HELPING CREATE JOBS IN BOTH BUSINESS DEVELOPMENT MARYLAND AND ISRAELI COMMUNITIES BY PROMOTING BI-LATERAL TRADE AND INVESTMENT. THE MIDC HAS A MEMBERSHIP PROGRAM TO PROVIDE MARYLAND COMPANIES WITH ACCESS TO ISRAELI FIRMS WHO WISH TO INTERACT THROUGH ECONOMIC, SCIENTIFIC AND/OR TECHNOLOGICAL COLLABORATION.Expenses $216,302 · revenue $35,737
- WEBINAR SERIES - CONTINUING OUR WEBINAR SERIES FOCUSING ON EMERGING TECHNOLOGIES AND CURRENT EVENTS IN ISRAEL AND MARYLAND.Expenses $72,100 · revenue $35,738
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
- 52-1777737
- 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
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30Z)
- Assets (IRS master file)
- $1,734,002
- Income (IRS master file)
- $523,602
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $523,602 | $509,084 | $1,734,002 | XML |
| 990 | June 2024 | $569,353 | $412,564 | $1,640,804 | XML |
| 990 | June 2023 | $541,803 | $448,161 | $1,394,101 | XML |
| 990 | June 2022 | $562,904 | $541,607 | $1,286,254 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 52-1777737).
Questions about MARYLAND-ISRAEL DEVELOPMENT CENTER INC
- What is the EIN of MARYLAND-ISRAEL DEVELOPMENT CENTER INC?
- The employer identification number (EIN) of MARYLAND-ISRAEL DEVELOPMENT CENTER INC is 52-1777737.
- Is MARYLAND-ISRAEL DEVELOPMENT CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to MARYLAND-ISRAEL DEVELOPMENT CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARYLAND-ISRAEL DEVELOPMENT CENTER 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-ISRAEL DEVELOPMENT CENTER 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-ISRAEL DEVELOPMENT CENTER 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-ISRAEL DEVELOPMENT CENTER INC?
- The 990 for the year ended June 30, 2025 names DAVID SPEER.
- Who are the officers and directors of MARYLAND-ISRAEL DEVELOPMENT CENTER INC?
- The 990 for the year ended June 30, 2025 lists 21 people; 2 received compensation from the organization, the highest $116,765 (DAVID SPEER, EXECUTIVE DIRECTOR).
- How much revenue does MARYLAND-ISRAEL DEVELOPMENT CENTER INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $523,602, expenses of $509,084 and total assets of $1,734,002 at year end.
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All nonprofits in BALTIMORE · Maryland · Community improvement and capacity building