East Baltimore Development Inc

BALTIMORE, MD EIN: 27-0037508 Website

Community Improvement & Capacity Building

EBDI'S MISSION IS TO SUCCESSFULLY ATTRACT MARKET-ORIENTED INVESTMENT, DEVELOPMENT, POPULATION AND ENTERPRISE TO THE EAST BALTIMORE COMMUNITY WHILE EQUIPPING COMMUNITY RESIDENTS WITH THE SKILLS, INFORMATION, AND RESOURCES THEY NEED TO BENEFIT FROM NEW HOUSING, EMPLOYMENT, BUSINESS, AND AND EDUCATIONAL OPPORTUNITIES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$18.5M

-1.1% YoY

Annual Giving

$437K

+60.3% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$146K

+6.9% YoY

About East Baltimore Development Inc

Based on IRS filings

East Baltimore Development Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.5M in total assets. In 2024, it awarded 3 grants totaling $437K. Net investment income was $993K.

Focus Areas

Community Improvement & Capacity Building

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $710K (100%)

States

Maryland

Cities

Baltimore

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$18,476,911	$18,690,336	$12,751,192
Revenue	$3,178,693	$8,589,679	$30,262,944
Expenses	$3,430,531	$3,511,989	$9,632,928
Qualifying Distributions	—	—	—
Net Investment Income	$993,486	$2,783	$23,046,697
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 3 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Eager Park Partner Llc ($383,268), East End Garage ($44,928), Gannett Fleming Inc ($8,768).

Recipient	Purpose	Amount
EAGER PARK PARTNER LLC BALTIMORE, MD	HOUSING DEVELOPMENT	$383,268
EAST END GARAGE BALTIMORE, MD	BUILDING REPAIRS	$44,928
GANNETT FLEMING INC BALTIMORE, MD	INFRASTRUC REPAIRS	$8,768

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CHERYL WASHINGTON	PRESIDENT AN	40	$260,318
KAREN JOHNSON	CHF REAL EST	40	$240,271
ANDREW FREEMAN	SEN VP REAL	40	$175,042
LISE SANDERS	CFO	40	$130,786
JOHNNY COLEMAN	BOARD MEMBER	1	—
JACK DAY	BOARD MEMBER	1	—
ANTONIO GLOVER	BOARD MEMBER	1	—
CORY MCCRAY	TREASURER	1	—
ROBERT STOKES	BOARD MEMBER	1	—
MARIA TILDON	BOARD MEMBER	1	—
CARON WATKINS	SECRETARY	1	—
CALVIN YOUNG	CHAIRMAN	1	—

Subject Areas

Focus areas based on grantmaking activity

Community Improvement & Capacity Building

Frequently Asked Questions

What is East Baltimore Development Inc?

East Baltimore Development Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BALTIMORE, MD. It holds $18.5M in total assets as of 2024.

How large is East Baltimore Development Inc?

As of 2024, East Baltimore Development Inc holds $18.5M in total assets with $3.2M in annual revenue. It awarded 3 grants totaling $437K in 2024.

Where does East Baltimore Development Inc operate?

East Baltimore Development Inc has awarded grants in Maryland.

What size grants does East Baltimore Development Inc award?

In 2024, East Baltimore Development Inc awarded 3 grants totaling $437K — an average of about $146K per grant, based on its IRS Form 990 filings.

What is East Baltimore Development Inc's EIN?

East Baltimore Development Inc's EIN (Employer Identification Number) is 27-0037508. IRS Form 990 filing data is available on this page for 2020–2024.