Nonprofit · EIN 52-2113016
MARYLAND CAPITAL ENTERPRISES INC
Tax-exempt · SALISBURY, MD 21804
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $5,011,458 | $2,310,091 | $2,701,367 | $23,479,035 | $3,314,887 | $20,164,148 |
| September 30, 2024 | 990 | $6,094,228 | $1,946,518 | $4,147,710 | $21,295,611 | $3,832,830 | $17,462,781 |
| September 30, 2023 | 990 | $4,711,871 | $1,484,746 | $3,227,125 | $17,669,403 | $4,354,332 | $13,315,071 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $3,923,621
- of which government grants
- $3,719,561
- Program service revenue
- $117,126
- Investment income
- $977,751
- Net gain from sales of assets
- -$397
- Net income from fundraising events
- -$7,040
- Other revenue
- -$7,040
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $122,161
- Other salaries and wages
- $603,506
- Salaries, compensation and benefits (total)
- $848,918
- Professional fundraising fees
- $0
- Legal fees
- $10,456
- Accounting fees
- $27,950
- Occupancy
- $21,658
- Travel
- $4,941
- Depreciation
- $17,934
- Program services (functional)
- $2,052,346
- Management and general (functional)
- $257,745
Balance sheet and other
- Total assets, start of year
- $21,295,611
- Total assets, end of year
- $23,479,035
- Total liabilities, end of year
- $3,314,887
- Net assets, end of year
- $20,164,148
- Land, buildings and equipment
- $339,486
- Net assets without donor restrictions
- $20,105,185
- Net assets with donor restrictions
- $58,963
- Gross receipts
- $5,032,857
- Employees
- 14
- Volunteers
- 0
- Year formed
- 1998
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAURICE AMES | EXECUTIVE DIRECTOR Officer | 40 | $87,687 |
| DAN KEUNNEN | BOARD CHAIRMAN Trustee or director, Officer | 2 | $0 |
| OLIVER WATERS | TREASURER Trustee or director, Officer | 2 | $0 |
| KELLY REW | SECRETARY Trustee or director, Officer | 2 | $0 |
| DEBBIE ABBOTT | DIRECTOR Trustee or director | 2 | $0 |
| JOHN HICKMAN | DIRECTOR Trustee or director | 2 | $0 |
| LAMONTE COOKE | DIRECTOR Trustee or director | 2 | $0 |
| ROB DAVIS CPA | DIRECTOR Trustee or director | 2 | $0 |
| J MICHAEL COTTINGHAM | DIRECTOR Trustee or director | 2 | $0 |
| MEREDITH MEARS | DIRECTOR Trustee or director | 2 | $0 |
| RONALD MOLOCK | DIRECTOR Trustee or director | 2 | $0 |
| CARLTON STANLEY | DIRECTOR Trustee or director | 2 | $0 |
| DORIS MASON | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAURICE AMES | EXECUTIVE DIRECTOR Officer | 40 | $84,065 |
| DAN KEUNNEN | BOARD CHAIRMAN Trustee or director, Officer | 2 | $0 |
| OLIVER WATERS | TREASURER Trustee or director, Officer | 2 | $0 |
| KELLY REW | SECRETARY Trustee or director, Officer | 2 | $0 |
| MARK SEWELL | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| DEBBIE ABBOTT | DIRECTOR Trustee or director | 2 | $0 |
| JOHN HICKMAN | DIRECTOR Trustee or director | 2 | $0 |
| LAMONTE COOKE | DIRECTOR Trustee or director | 2 | $0 |
| ROB DAVIS CPA | DIRECTOR Trustee or director | 2 | $0 |
| J MICHAEL COTTINGHAM | DIRECTOR Trustee or director | 2 | $0 |
| MEREDITH MEARS | DIRECTOR Trustee or director | 2 | $0 |
| RONALD MOLOCK | DIRECTOR Trustee or director | 2 | $0 |
| CARLTON STANLEY | DIRECTOR Trustee or director | 2 | $0 |
| DORIS MASON | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAURICE AMES | EXECUTIVE DIRECTOR Officer | 40 | $83,503 |
| DAN KEUNNEN | BOARD CHAIRMAN Trustee or director, Officer | 2 | $0 |
| OLIVER WATERS | TREASURER Trustee or director, Officer | 2 | $0 |
| KELLY REW | SECRETARY Trustee or director, Officer | 2 | $0 |
| MARK SEWELL | VICE CHAIRMAN Trustee or director | 2 | $0 |
| DEBBIE ABBOTT | DIRECTOR Trustee or director | 2 | $0 |
| JOHN HICKMAN | DIRECTOR Trustee or director | 2 | $0 |
| LAMONTE COOKE | DIRECTOR Trustee or director | 2 | $0 |
| ROB DAVIS CPA | DIRECTOR Trustee or director | 2 | $0 |
| J MICHAEL COTTINGHAM | DIRECTOR Trustee or director | 2 | $0 |
| MEREDITH MEARS | DIRECTOR Trustee or director | 2 | $0 |
| RONALD MOLOCK | DIRECTOR Trustee or director, Officer | 2 | $0 |
| CARLTON STANLEY | DIRECTOR Trustee or director | 2 | $0 |
| DORIS MASON | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 314 CIVIC AVE, SALISBURY, MD 21804-5230
- In care of
- % JOE MORSE
- Principal officer (990 for 2024)
- MAURICE AMES, 314 CIVIC AVENUE, SALISBURY, MD 21801
- Signed the 990
- MAURICE AMES, EXECUTIVE DIRECTOR
- Phone
- (410) 546-1900
- Website
- WWW.MARYLANDCAPITAL.ORG
- Return prepared by
- PKS & COMPANY PA
Mission
WE EMPOWER BUSINESSES TO GROW,CREATE JOBS AND GENERATE WEALTH ON MARYLAND'S EASTERN SHORE AND ACROSS THE STATE.
Program accomplishments
- COUNSELING, TECHNICAL ASSISTANCE, TRAINING IN BUSINESS STARTUP, AND LOANS TO MICRO BUSINESSES.PROVIDE POTENTIAL ENTREPRENEURS WITH THEIR BUSINESS IDEA, BUSINESS STARTUP CHECKLIST, AND PROVIDE BUSINESS AND MARKETING PLAN ASSISTANCE, PROVIDED ASSISTANCE TO 798 PEOPLE.TRAINING ON FIRST STEPS IN STARTING A BUSINESS, MARKETING OF BUSINESS, AND HOW TO WRITE A BUSINESS PLAN - PROVIDED ASSISTANCE TO 2,174 PEOPLE.LOANS - TO MICRO BUSINESSES - PROVIDED 87 LOANS TOTALLING $5,209,500.Expenses $2,052,346 · revenue $1,035,720
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 52-2113016
- 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
- 1998
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P51)
- Assets (IRS master file)
- $23,479,035
- Income (IRS master file)
- $5,032,857
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $5,011,458 | $2,310,091 | $23,479,035 | XML |
| 990 | September 2024 | $6,094,228 | $1,946,518 | $21,295,611 | XML |
| 990 | September 2023 | $4,711,871 | $1,484,746 | $17,669,403 | XML |
| 990 | September 2022 | $4,365,107 | $2,142,434 | $14,370,927 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 52-2113016).
Questions about MARYLAND CAPITAL ENTERPRISES INC
- What is the EIN of MARYLAND CAPITAL ENTERPRISES INC?
- The employer identification number (EIN) of MARYLAND CAPITAL ENTERPRISES INC is 52-2113016.
- Is MARYLAND CAPITAL ENTERPRISES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to MARYLAND CAPITAL ENTERPRISES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARYLAND CAPITAL ENTERPRISES 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 CAPITAL ENTERPRISES INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARYLAND CAPITAL ENTERPRISES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of MARYLAND CAPITAL ENTERPRISES INC?
- The 990 for the year ended September 30, 2025 names MAURICE AMES.
- Who are the officers and directors of MARYLAND CAPITAL ENTERPRISES INC?
- The 990 for the year ended September 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $87,687 (MAURICE AMES, EXECUTIVE DIRECTOR).
- How much revenue does MARYLAND CAPITAL ENTERPRISES INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $5,011,458, expenses of $2,310,091 and total assets of $23,479,035 at year end.
Other nonprofits in SALISBURY
- COASTAL HOSPICE INC EIN 52-1214775 · last filed 990 for 2025
- DEAF INDEPENDENT LIVING ASSOCIATION INC EIN 52-1274712 · last filed 990 for 2025
- LIFE CRISIS CENTER INC EIN 52-1147731 · last filed 990 for 2025
- HOPE AND LIFE OUTREACH INC EIN 26-1691517 · last filed 990 for 2025
- CHRISTIAN SHELTER INC EIN 52-1176287 · last filed 990 for 2025
- HELP OUTREACH POINT OF ENTRY EIN 26-0756910 · last filed 990 for 2025
- COLE FAMILY FOUNDATION EIN 52-1512544 · last filed 990-PF for 2025
- MAGI-FUND INC EIN 52-1903823 · last filed 990 for 2025