Nonprofit · EIN 52-2156026
BETAMORE INC
Tax-exempt · BALTIMORE, MD 21201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $37,662 | $71,347 | -$33,685 | $17,920 | $271,577 | -$253,657 |
| June 30, 2024 | 990-EZ | $83,738 | $158,225 | -$74,487 | $50,149 | $270,121 | -$219,972 |
| June 30, 2023 | 990 | $217,026 | $334,221 | -$117,195 | $133,848 | $279,333 | -$145,485 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $20,867
- Program service revenue
- $16,400
- Other revenue
- $395
Expenses
- Compensation of officers, directors and key employees
- $82,626
- Salaries, compensation and benefits (total)
- $11,362
- Professional fees and payments to contractors
- $4,786
- Occupancy
- $1,000
- Other expenses
- $54,199
- Program services (functional)
- $57,669
Balance sheet and other
- Total assets, start of year
- $50,149
- Total assets, end of year
- $17,920
- Total liabilities, end of year
- $271,577
- Net assets, end of year
- -$253,657
- Cash, savings and investments
- $8,230
- Gross receipts
- $37,662
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMMY ANDRULONIS | Executive Dir. | 40 | $82,626 |
| GREG CANGIALOSI | Chairman | 1 | $0 |
| TIMOTHY HODGE | Secretary | 1 | $0 |
| ROBERT ROSENBAUM | Treasurer | 1 | $0 |
| BRADLY MYERS | Director | 1 | $0 |
| GEORGE DAVIS | Director | 1 | $0 |
| DAMIAN RINTELMANN | Director | 1 | $0 |
| ELLINGTON WEST | Director | 1 | $0 |
| AARON BROOKS | Director | 1 | $0 |
990-EZ for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMMY ANDRULONIS | Executive Dir. | 40 | $77,500 |
| GREG CANGIALOSI | Chairman | 1 | $0 |
| TIMOTHY HODGE | Secretary | 1 | $0 |
| ROBERT ROSENBAUM | Treasurer | 1 | $0 |
| BRADLY MYERS | Director | 1 | $0 |
| GEORGE DAVIS | Director | 1 | $0 |
| DAMIAN RINTELMANN | Director | 1 | $0 |
| ELLINGTON WEST | Director | 1 | $0 |
| AARON BROOKS | Director | 1 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMMY ANDRULONIS | Executive Dir. Officer | 40 | $77,500 |
| GREG CANGIALOSI | Chairman Trustee or director, Officer | 1 | $0 |
| TIM HODGE | Secretary Trustee or director, Officer | 1 | $0 |
| ROB ROSENBAUM | Treasurer Trustee or director, Officer | 1 | $0 |
| BRADLY MYERS | Director Trustee or director | 1 | $0 |
| GEORGE DAVIS | Director Trustee or director | 1 | $0 |
| DAMIAN RINTELMANN | Director Trustee or director | 1 | $0 |
| ELLINGTON WEST | Director Trustee or director | 1 | $0 |
| AARON BROOKS | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 100 S CHARLES STREET 1600, BALTIMORE, MD 21201-2725
- In care of
- % JEN MEYER
- Mailing address (990-N for 2025)
- 100 S CHARLES STREET 1600, BALTIMORE MD 21201
- Principal officer (990-N for 2025)
- GREG CANGIALOSI, 101 W DICKMAN STREET, BALTIMORE MD 21230
- Signed the 990-EZ
- GREG CANGIALOSI, Chairman
- Phone
- (443) 296-2382
- Website
- HTTPS://BETAMORE.COM
- Return prepared by
- C E A SCHOLTES AND ASSOCIATES
Mission
BETAMORE, INC. ORGANIZATION IS A NOTFORPROFIT ORGANIZATION INCORPORATED UNDER THE LAWS OF THE STATE OF MARYLAND. THE ORGANIZATION IS AN AWARDWINNING COWORKING SPACE, INCUBATOR AND CAMPUS FOR ENTREPRENEURSHIP AND TECHNOLOGY. THE ORGANIZATION'S MISSION IS TO MAKE BALTIMORE A GLOBAL ENTREPRENEURSHIP DESTINATION. ESTABLISHED IN 2012, THE ORGANIZATION ACTIVELY SUPPORTS, LAUNCHES AND GROWS TECHNOLOGYBASED STARTUP COMPANIES BY DELIVERING ON THREE CORE PILLARS: INCUBATION, EDUCATION AND COMMUNITY DEVELOPMENT.
Program accomplishments
- BETAMORE IS AN AWARDWINNING COWORKING SPACE, INCUBATOR AND CAMPUS FOR TECHNOLOGY AND ENTREPRENEURSHIP. BETAMORE ACTIVELY SUPPORTS, LAUNCHES AND GROWS TECHNOLOGY BASED STARTUP COMPANIES BY DELIVERING ON THREE CORE PILLARS: INCUBATION, EDUCATION AND COMMUNITY DEVELOPMENT. ITS EDUCATION AND EVENT OFFERINGS HAVE SERVED OVER 16,000 ATTENDEES AND 180+ ACADEMY GRADUATES. THROUGH ITS COMMUNITY DEVELOPMENT EFFORTS, BETAMORE CONTINUES TO SUPPORT AND ENGAGE MORE THAN 170 COMPANIES IN THE REGION. THROUGH ITS ADVISORY BOARD, BETAMORE CONNECTS 96 OF THE REGION'S HIGHEST PROFILE LEADERS TO THE BETAMORE MEMBERSHIP TO PROVIDE BUSINESSES WITH GUIDANCE AND MENTORSHIP.Expenses $57,669
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990-N on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 52-2156026
- 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
- 1999
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: GREG CANGIALOSI | June 30, 2026 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | June 2025 | $37,662 | $71,347 | $17,920 | XML |
| 990-EZ | June 2024 | $83,738 | $158,225 | $50,149 | XML |
| 990 | June 2023 | $217,026 | $334,221 | $133,848 | XML |
| 990 | June 2022 | $367,798 | $435,278 | $308,748 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 52-2156026).
Questions about BETAMORE INC
- What is the EIN of BETAMORE INC?
- The employer identification number (EIN) of BETAMORE INC is 52-2156026.
- Is BETAMORE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to BETAMORE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BETAMORE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BETAMORE INC due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BETAMORE INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended June 30, 2026.
- Who is the principal officer of BETAMORE INC?
- The 990-N for 2025 names GREG CANGIALOSI.
- Who are the officers and directors of BETAMORE INC?
- The 990-EZ for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $82,626 (KIMMY ANDRULONIS, Executive Dir.).
- How much revenue does BETAMORE INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $37,662, expenses of $71,347 and total assets of $17,920 at year end.
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All nonprofits in BALTIMORE · Maryland · Community improvement and capacity building