Nonprofit · EIN 87-4561268
BAYBROOK REVITALIZATION FUND INC
Tax-exempt · BALTIMORE, MD 21225
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $276,155 | $113,242 | $162,913 | $327,932 | $112,081 | $215,851 |
| June 30, 2024 | 990-EZ | $0 | $89,207 | -$89,207 | $53,789 | $851 | $52,938 |
| June 30, 2023 | 990-EZ | $145,000 | $2,855 | $142,145 | $142,145 | – | $142,145 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $275,000
- of which government grants
- $250,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $1,155
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $3,713
- Depreciation
- $188
- Program services (functional)
- $102,816
- Management and general (functional)
- $10,426
Balance sheet and other
- Total assets, start of year
- $53,789
- Total assets, end of year
- $327,932
- Total liabilities, end of year
- $112,081
- Net assets, end of year
- $215,851
- Land, buildings and equipment
- $645
- Net assets without donor restrictions
- $1,108
- Net assets with donor restrictions
- $214,743
- Gross receipts
- $276,155
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2022
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MEREDITH CHAIKEN | CEO Officer | 5 | $0 | $122,100 | $15,500 |
| NAISHA VINSON | President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LISA BOWLING | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KELLIE GAITHER | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DANIEL MCGINTY | Director Trustee or director | 1 | $0 | $0 | $0 |
| SHANNON NYS | Director Trustee or director | 1 | $0 | $0 | $0 |
990-EZ for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NAISHA VINSON | President | 1 | $0 |
| LISA BOWLING | Secretary | 1 | $0 |
| KELLIE GAITHER | Treasurer | 1 | $0 |
| MEREDITH CHAIKEN | Executive Dir. | 5 | $0 |
| DANIEL MCGINTY | Director | 1 | $0 |
| SHANNON NYS | Director | 1 | $0 |
990-EZ for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NAISHA VINSON | President | 2 | $0 |
| LISA BOWLING | Vice President | 2 | $0 |
| KELLIE GAITHER | Treasurer | 2 | $0 |
| MEREDITH CHAIKEN | Executive Dir. | 5 | $0 |
| DANIEL MCGINTY | Director | 2 | $0 |
| SHANNON NYS | Director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3601 S HANOVER ST, BALTIMORE, MD 21225-1704
- In care of
- % MEREDITH CHAIKEN
- Principal officer (990 for 2024)
- MEREDITH CHAIKEN, 3601 HANOVER STREET, BALTIMORE, MD 21225
- Signed the 990
- MEREDITH CHAIKEN, CEO
- Phone
- (410) 804-1555
- Return prepared by
- C E A SCHOLTES AND ASSOCIATES
Mission
Baybrook Revitalization Fund, Inc. BRF is a non-profit community development organization, whose mission is to provide innovative financial and community development services to underserved businesses, organizations, and residents to drive revitalization and build local wealth in distressed neighborhoods in the greater Baltimore region.
Program accomplishments
- Financial services - BRF provides flexible capital to underserved entrepreneurs, with a focus on Black, Latino, and businesses that operate in an undercapitalized census tract in greater Baltimore. Our initial geographic focus is in the Brooklyn, Brooklyn Park, and Curtis Bay communities. In the long term, we expect to serve entrepreneurs in the greater Baltimore region. BRF Board members, staff, volunteers, independent contractors, and partners will conduct this activity. 66 percent of time and 66 percent of overall expenses will be allocated to this activity, which primarily will be funded by donations, grants, and fees. This activity furthers BRF's charitable exempt purposes by supporting an equitable and thriving small business community, which contributes to neighborhood revitalization and building local wealth in distressed neighborhoods in the greater Baltimore region.Expenses $67,859 · revenue $1,155
- Development services - BRF provides business technical assistance to legacy and emerging businesses, including business planning, financial projections, operations, credit building, and marketing assistance. Free technical assistance includes workshops and 1:1 coaching, as well as access to specialized professional services such as accounting, legal services, graphic design, or HR experts. BRF Board members, staff, volunteers, independent contractors, and partners will conduct this activity initially in the Brooklyn, Brooklyn Park, and Curtis Bay communities. In the long term, we expect to serve entrepreneurs in the greater Baltimore region. 34 percent of time and 34 percent of overall expenses will be allocated to this activity, which primarily will be funded by donations and grants. This activity furthers BRF's charitable exempt purposes by fostering an equitable and thriving small business community, which contributes to neighborhood revitalization and building local wealth in distressed neighborhoods in the greater Baltimore region.Expenses $34,957
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-EZ on file |
IRS record
- EIN
- 87-4561268
- 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
- 2024
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $327,932
- Income (IRS master file)
- $276,155
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $276,155 | $113,242 | $327,932 | XML |
| 990-EZ | June 2024 | $0 | $89,207 | $53,789 | IRS |
| 990-EZ | June 2023 | $145,000 | $2,855 | $142,145 | XML |
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 87-4561268).
Questions about BAYBROOK REVITALIZATION FUND INC
- What is the EIN of BAYBROOK REVITALIZATION FUND INC?
- The employer identification number (EIN) of BAYBROOK REVITALIZATION FUND INC is 87-4561268.
- Is BAYBROOK REVITALIZATION FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to BAYBROOK REVITALIZATION FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BAYBROOK REVITALIZATION FUND 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 BAYBROOK REVITALIZATION FUND 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 BAYBROOK REVITALIZATION FUND 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 BAYBROOK REVITALIZATION FUND INC?
- The 990 for the year ended June 30, 2025 names MEREDITH CHAIKEN.
- Who are the officers and directors of BAYBROOK REVITALIZATION FUND INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does BAYBROOK REVITALIZATION FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $276,155, expenses of $113,242 and total assets of $327,932 at year end.
Other nonprofits in BALTIMORE
- KENNEDY KRIEGER EDUCATION AND COMMUNITY SERVICES INC EIN 52-1753040 · last filed 990 for 2025
- MADISON STREET PROPERTIES INC EIN 52-1949813 · last filed 990 for 2025
- 4MYCITY INC EIN 84-2908913 · last filed 990 for 2025
- REBUILD METRO INC EIN 23-2671667 · last filed 990 for 2024
- WATERFRONT PARTNERSHIP OF BALTIMORE INC EIN 20-3682821 · last filed 990 for 2025
- CITY OF BALTIMORE DEVELOPMENT CORPORATION EIN 52-1744007 · last filed 990 for 2025
- BALTIMORE COMMUNITY LENDING INC EIN 52-1632468 · last filed 990 for 2025
- NEIGHBORHOOD IMPACT INVESTMENT FUND INC EIN 83-2643429 · last filed 990 for 2025
All nonprofits in BALTIMORE · Maryland · Community improvement and capacity building