Salisbury Wicomico Economic Development Inc
Responsible for the enhancement of the socio-economic environment of salisbury and the Wicomico county region through the preservation and creation of productive employment opportunities.
Key facts about Salisbury Wicomico Economic Development Inc
In short: Salisbury Wicomico Economic Development Inc reported $9K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- EIN
- 52-0885275
- Latest 990 filing
- Form 990, 2025
- Grants paid (2025)
- $9,491 — reported as a total on the IRS filing, without an itemized list
- Total assets
- $1,446,636
Data from IRS Form 990, 2025; updated October 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$1.4M
-18.8% YoY
Grants Paid (reported total)
$9K
+89.8% YoY
Revenue
$691K
-70.6% YoY
Net Investment Income
$6K
-23.3% YoY
About Salisbury Wicomico Economic Development Inc
Based on IRS filings
Salisbury Wicomico Economic Development Inc is a public charity, based in Salisbury, MD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it reported $9K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $6K.
Open Grants
1 open opportunity from Salisbury Wicomico Economic Development Inc
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $5K (2024) to $1.2M (2021). In 2025 it reported $9K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
79 grants across all recorded years
The most common grant size was under $50K: 72 grants of 79 (91%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,446,636 | $1,781,157 | $3,746,568 |
| Revenue | $690,618 | $2,352,646 | $971,279 |
| Expenses | $664,781 | $2,319,725 | $935,320 |
| Net Investment Income | $5,937 | $7,741 | $4,066 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS January 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 17, 2023)
- Added Form 990 for fiscal year 2019 (received by the IRS July 15, 2020)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS June 27, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Salisbury Wicomico Economic Development Inc is led by David J Ryan Jr., Executive Director on every filing since 2019; 1 of 27 officers listed in 2025 is compensated.
Officers on the 2025 filing
David J Ryan Jr.
Executive Director
On filings since 2019
40 hrs/week
$112K (2019) → $166K (2025)
Christy Weer
President
Secretary → Vice President, 2023
Vice President → President, 2024
On filings since 2021
1 hr/week
No compensation reported
Dwight Miller
Director
President → Director, 2021
On filings since 2019
1 hr/week
No compensation reported
Henry Hanna III
Director
On filings since 2019
1 hr/week
No compensation reported
Joe Holloway
Director
On filings since 2019
1 hr/week
No compensation reported
John Stern
Director
On filings since 2019
1 hr/week
No compensation reported
Maria Waller
Director
Director → Treasurer, 2022
Treasurer → Director, 2024
On filings since 2019
1 hr/week
No compensation reported
Mark Welsh
Director
On filings since 2019
1 hr/week
No compensation reported
Matthew Powell
Director
On filings since 2019
1 hr/week
No compensation reported
Monty Sayler
Director
On filings since 2019
1 hr/week
No compensation reported
Tony Nichols
Director
Director → President, 2022
President → Director, 2024
On filings since 2019
1 hr/week
No compensation reported
Bob Core
Director
On filings since 2021
1 hr/week
No compensation reported
Chris Perdue
Director
On filings since 2021
1 hr/week
No compensation reported
Kathy Bennett
Director
On filings since 2021
1 hr/week
No compensation reported
Chris Hall
Director
On filings since 2022
1 hr/week
No compensation reported
Dawn Adkins-Harcum
Director
On filings since 2022
1 hr/week
No compensation reported
Richard Morris
Director
On filings since 2022
1 hr/week
No compensation reported
Chelsye Phillips-Hutton
Director
On filings since 2023
1 hr/week
No compensation reported
Derrek Dunn
Director
On filings since 2023
1 hr/week
No compensation reported
Eli Modlin
Director
On filings since 2023
1 hr/week
No compensation reported
Marcus Beal
Director
On filings since 2023
1 hr/week
No compensation reported
Bak Patel
Director
On filings since 2024
1 hr/week
No compensation reported
Jennifer Poulsen
Director
On filings since 2024
1 hr/week
No compensation reported
Randy Taylor
Director
On filings since 2024
1 hr/week
No compensation reported
Trent Pusey
Vice President
Director → Vice President, 2022
On filings since 2019
1 hr/week
No compensation reported
Christopher Eccleston
Secretary
Director → Secretary, 2024
On filings since 2022
1 hr/week
No compensation reported
Jim Willey
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (17)
- Former: Ed Townsend (2023) — Secretary
- Former: Jack Heath (2023) — Director
- Former: David Ennis (2019–2022) — Director
- Former: Jacob Day (2019–2022) — Director
- Former: John Breda (2019–2022) — Director
- Former: Peter Bozick (2019–2022) — Director
- Former: Robert Kane (2019–2022) — Director
- Former: John Petito (2022) — Director
- Former: Sara Mitzi Scott (2019–2021) — Director
- Former: Chris Eccleston (2021) — Director
- Former: Dawn Adkins Harcum (2021) — Director
- Former: Jim Morris (2021) — Director
- Former: John Allen (2021) — Director
- Former: James Morris (2019) — President
- Former: John Psota (2019) — Director
- Former: Kelly Rew (2019) — Director
- Former: Kevin Hayes (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $166K, to David J Ryan Jr (Executive Dir.).
Frequently asked questions about Salisbury Wicomico Economic Development Inc
How much does Salisbury Wicomico Economic Development Inc give each year?
Salisbury Wicomico Economic Development Inc reported $9K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $5K in grants paid.
How large is Salisbury Wicomico Economic Development Inc?
Salisbury Wicomico Economic Development Inc reported $1.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $691K.
Where does Salisbury Wicomico Economic Development Inc operate?
Salisbury Wicomico Economic Development Inc has awarded grants in Maryland.
What is Salisbury Wicomico Economic Development Inc's EIN?
Salisbury Wicomico Economic Development Inc's EIN (Employer Identification Number) is 52-0885275. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Salisbury Wicomico Economic Development Inc by hand.
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