Cambridge Waterfront Development Inc
TO PROMOTE AND FACILITATE THE REDEVELOPMENT OF CERTAIN PROPERTIES ALONG AND ADJACENT TO THE CITY OF CAMBRIDGE WATERFRONT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.9M
+16.5% YoY
Revenue
$1.5M
-65.9% YoY
Net Investment Income
$139K
+10701.2% YoY
Expenses
$543K
+92.7% YoY
About Cambridge Waterfront Development Inc
Based on IRS filings
Cambridge Waterfront Development Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in CAMBRIDGE, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.9M in total assets. Net investment income was $139K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,910,637 | $8,503,739 | $8,725,419 |
| Revenue | $1,486,679 | $4,354,575 | $2,962,494 |
| Expenses | $543,345 | $281,924 | $85,237 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $138,688 | $1,284 | $161 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANGIE HENGST | PRESIDENT | 5 | — |
| FRANK J NARR JR | SECRETARY/TREASURER | 10 | — |
| NATALIE CHABOT | DIRECTOR (AS OF 9/11/24) | 4 | — |
| MICHEAL J FRENZ | DIRECTOR | 2 | — |
| GAVER NICHOLS | DIRECTOR (AS OF 9/11/24) | 4 | — |
| TIM CROSBY | DIRECTOR (AS OF 9/24/24) | 4 | — |
| SHAY LEWIS-SISCO | VICE PRESIDENT | 4 | — |
| DION BANKS | DIRECTOR (THRU 9/6/24) | 1 | — |
| RICHARD M ZEIDMAN | DIRECTOR (THRU 5/22/24) | 1 | — |
| MATTHEW LEONARDKIRK AVENUE LLC | EXECUTIVE DIRECTOR (THRU 8/7/24) | 40 | $70,833 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cambridge Waterfront Development Inc?
Cambridge Waterfront Development Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in CAMBRIDGE, MD. It holds $9.9M in total assets as of 2024.
How large is Cambridge Waterfront Development Inc?
As of 2024, Cambridge Waterfront Development Inc holds $9.9M in total assets with $1.5M in annual revenue.
Where does Cambridge Waterfront Development Inc operate?
Cambridge Waterfront Development Inc has awarded grants in Maryland.
What is Cambridge Waterfront Development Inc's EIN?
Cambridge Waterfront Development Inc's EIN (Employer Identification Number) is 83-2040316. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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