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Nonprofit · EIN 61-1465160

EASTERN SHORE ENTREPRENEURSHIP CENTER INC

Tax-exempt · EASTON, MD 21601

Financials

$885K$772K2022$1.3M$1.3M2023$2M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of EASTERN SHORE ENTREPRENEURSHIP CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,955,555$1,408,845$546,710$1,971,024$1,401,162$569,862
June 30, 2024990$1,258,452$1,341,296-$82,844$1,095,075$1,004,549$90,526
June 30, 2023990$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.

NameTitleHours / weekCompensation
MIKE THIELKEEXECUTIVE DIRECTOR
Trustee or director
40$138,000
CHRISTOPHER HLUBBF3 TECH PROGRAM DIRECTOR
Highest-paid employee
40$117,000
TONY KERNPRESIDENT
Trustee or director, Officer
2$0
KURT FUCHSDIRECTOR
Trustee or director, Officer
2$0
MIKE LEMIREDIRECTOR
Trustee or director, Officer
2$0
SCOTT WARNERDIRECTOR
Trustee or director
2$0
ROB NICHOLSONDIRECTOR
Trustee or director
2$0
ANNE BALDUZZIDIRECTOR
Trustee or director
2$0
NIKKO BRADYDIRECTOR
Trustee or director
2$0
NEIL DAVISDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
MIKE THIELKEEXECUTIVE DIRECTOR
Trustee or director
40$121,000
CHRISTOPHER HLUBBF3 TECH PROGRAM DIRECTOR
Highest-paid employee
40$103,000
TONY KERNPRESIDENT
Trustee or director, Officer
2$0
JOHN ELSTNERTREASURER
Trustee or director, Officer
2$0
SHANNON DILLSECRETARY
Trustee or director, Officer
2$0
SCOTT WARNERDIRECTOR
Trustee or director
2$0
ROB NICHOLSONDIRECTOR
Trustee or director
2$0
WALTER CHASEDIRECTOR
Trustee or director
2$0
NIKKO BRADYDIRECTOR
Trustee or director
2$0
NEIL DAVISDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
MIKE THIELKEEXECUTIVE DIRECTOR
Trustee or director
40$114,000
TYLER PATTONVICE PRESIDENT
Trustee or director, Officer
2$0
TONY KERNPRESIDENT
Trustee or director, Officer
2$0
JOHN ELSTNERTREASURER
Trustee or director, Officer
2$0
SHANNON DILLSECRETARY
Trustee or director, Officer
2$0
SCOTT WARNERDIRECTOR
Trustee or director
2$0
ROB NICHOLSONDIRECTOR
Trustee or director
2$0
WALTER CHASEDIRECTOR
Trustee or director
2$0
NIKKO BRADYDIRECTOR
Trustee or director
2$0
NEIL DAVISDIRECTOR
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
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.

990 for the year ended June 30, 2025

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,955,555$1,408,845$1,971,024IRS
990June 2024$1,258,452$1,341,296$1,095,075IRS
990June 2023$885,296$772,290$1,409,159XML
990June 2022$608,404$821,304$1,144,981IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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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