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 .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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