Nonprofit · EIN 61-1465160
EASTERN SHORE ENTREPRENEURSHIP CENTER INC
Tax-exempt · EASTON, MD 21601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,955,555 | $1,408,845 | $546,710 | $1,971,024 | $1,401,162 | $569,862 |
| June 30, 2024 | 990 | $1,258,452 | $1,341,296 | -$82,844 | $1,095,075 | $1,004,549 | $90,526 |
| June 30, 2023 | 990 | $885,296 | $772,290 | $113,006 | $1,409,159 | $1,159,846 | $249,313 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,905,441
- of which government grants
- $1,781,286
- Program service revenue
- $27,156
- Investment income
- $22,958
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $144,000
- Salaries, compensation and benefits (total)
- $144,000
- Professional fundraising fees
- $0
- Accounting fees
- $28,000
- Occupancy
- $90,125
- Travel
- $10,283
- Program services (functional)
- $1,042,972
- Management and general (functional)
- $365,873
Balance sheet and other
- Total assets, start of year
- $1,095,075
- Total assets, end of year
- $1,971,024
- Total liabilities, end of year
- $1,401,162
- Net assets, end of year
- $569,862
- Land, buildings and equipment
- $511,790
- Net assets without donor restrictions
- $272,818
- Net assets with donor restrictions
- $297,044
- Gross receipts
- $1,955,555
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2004
- 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 |
|---|---|---|---|
| MIKE THIELKE | EXECUTIVE DIRECTOR Trustee or director | 40 | $138,000 |
| CHRISTOPHER HLUBB | F3 TECH PROGRAM DIRECTOR Highest-paid employee | 40 | $117,000 |
| TONY KERN | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KURT FUCHS | DIRECTOR Trustee or director, Officer | 2 | $0 |
| MIKE LEMIRE | DIRECTOR Trustee or director, Officer | 2 | $0 |
| SCOTT WARNER | DIRECTOR Trustee or director | 2 | $0 |
| ROB NICHOLSON | DIRECTOR Trustee or director | 2 | $0 |
| ANNE BALDUZZI | DIRECTOR Trustee or director | 2 | $0 |
| NIKKO BRADY | DIRECTOR Trustee or director | 2 | $0 |
| NEIL DAVIS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE THIELKE | EXECUTIVE DIRECTOR Trustee or director | 40 | $121,000 |
| CHRISTOPHER HLUBB | F3 TECH PROGRAM DIRECTOR Highest-paid employee | 40 | $103,000 |
| TONY KERN | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JOHN ELSTNER | TREASURER Trustee or director, Officer | 2 | $0 |
| SHANNON DILL | SECRETARY Trustee or director, Officer | 2 | $0 |
| SCOTT WARNER | DIRECTOR Trustee or director | 2 | $0 |
| ROB NICHOLSON | DIRECTOR Trustee or director | 2 | $0 |
| WALTER CHASE | DIRECTOR Trustee or director | 2 | $0 |
| NIKKO BRADY | DIRECTOR Trustee or director | 2 | $0 |
| NEIL DAVIS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE THIELKE | EXECUTIVE DIRECTOR Trustee or director | 40 | $114,000 |
| TYLER PATTON | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| TONY KERN | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JOHN ELSTNER | TREASURER Trustee or director, Officer | 2 | $0 |
| SHANNON DILL | SECRETARY Trustee or director, Officer | 2 | $0 |
| SCOTT WARNER | DIRECTOR Trustee or director | 2 | $0 |
| ROB NICHOLSON | DIRECTOR Trustee or director | 2 | $0 |
| WALTER CHASE | DIRECTOR Trustee or director | 2 | $0 |
| NIKKO BRADY | DIRECTOR Trustee or director | 2 | $0 |
| NEIL DAVIS | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 8737 BROOKS DR STE 101, EASTON, MD 21601-7474
- Principal officer (990 for 2024)
- MIKE THIELKE, 8737 BROOKS DRIVE SUITE 101, EASTON, MD 21601
- Signed the 990
- MIKE THIELKE, EXECUTIVE DIRECTOR
- Phone
- (410) 770-9330
- Website
- WWW.ESEC.MD
- Return prepared by
- UHY ADVISORS MID-ATLANTIC MD INC
Mission
TO PROVIDE TECHNICAL ASSISTANCE, EDUCATION, AND ACCESS TO CAPITAL SERVICES TO INDIVIDUALS AND SMALL AND MID-SIZE BUSINESSES.
Program accomplishments
- MANAGED A PORTFOLIO OF LOANS TO SMALL BUSINESSES TOTALING APPROXIMATELY $500,000 AT LOW INTEREST RATES TO ENCOURAGE AND STIMULATE GROWTH.Expenses $15,636 · revenue $18,497
- CONTINUED IMPLEMENTATION OF THE F3 TECH ACCELERATOR PROGRAM, AG INNOVATION CENTER, AND OTHER TRAINING PROGRAMS TO PROVIDE TECHNICAL ASSISTANCE AND BUSINESS SERVICES TO VALUE-ADDED PRODUCERS.Expenses $1,027,336 · revenue $27,156
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
- 61-1465160
- 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
- 2005
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $1,971,024
- Income (IRS master file)
- $1,955,555
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,955,555 | $1,408,845 | $1,971,024 | IRS |
| 990 | June 2024 | $1,258,452 | $1,341,296 | $1,095,075 | IRS |
| 990 | June 2023 | $885,296 | $772,290 | $1,409,159 | XML |
| 990 | June 2022 | $608,404 | $821,304 | $1,144,981 | 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 61-1465160).
Questions about EASTERN SHORE ENTREPRENEURSHIP CENTER INC
- What is the EIN of EASTERN SHORE ENTREPRENEURSHIP CENTER INC?
- The employer identification number (EIN) of EASTERN SHORE ENTREPRENEURSHIP CENTER INC is 61-1465160.
- Is EASTERN SHORE ENTREPRENEURSHIP CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to EASTERN SHORE ENTREPRENEURSHIP CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EASTERN SHORE ENTREPRENEURSHIP 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 EASTERN SHORE ENTREPRENEURSHIP 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 EASTERN SHORE ENTREPRENEURSHIP 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 EASTERN SHORE ENTREPRENEURSHIP CENTER INC?
- The 990 for the year ended June 30, 2025 names MIKE THIELKE.
- Who are the officers and directors of EASTERN SHORE ENTREPRENEURSHIP CENTER INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 2 received compensation from the organization, the highest $138,000 (MIKE THIELKE, EXECUTIVE DIRECTOR).
- How much revenue does EASTERN SHORE ENTREPRENEURSHIP CENTER INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,955,555, expenses of $1,408,845 and total assets of $1,971,024 at year end.
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