Salisbury Wicomico Economic logo

Salisbury Wicomico Economic

SALISBURY, MD EIN: 52-0885275 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

-52.5% YoY

Revenue

$2.4M

+142.2% YoY

Net Investment Income

$8K

+90.4% YoY

Expenses

$2.3M

+148.0% YoY

About Salisbury Wicomico Economic

Based on IRS filings

Salisbury Wicomico Economic is a nonprofit organization, based in SALISBURY, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.8M in total assets. Net investment income was $8K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Salisbury

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$6M2021202220232024
Metric202420232022
Total Assets$1,781,157$3,746,568$1,074,351
Revenue$2,352,646$971,279$288,082
Expenses$2,319,725$935,320$430,412
Qualifying Distributions
Net Investment Income$7,741$4,066$12,124
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$291K$582K$873K$1M72 grants20217 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

57 grants across all recorded years

50<$50K7$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Salisbury Wicomico Economic

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

David J Ryan JrExecutive Dir.$162K

From 2024 filing

NameTitleHoursCompensation
David J Ryan JrExecutive Dir.40$162,169
CHRISTOPHER ECCLESTONSecretary1
CHRIS HALLDirector1
TONY NICHOLSDirector1
DR DERREK DUNNDirector1
MATTHEW POWELLDirector1
KATHY BENNETTDirector1
CHELSYE PHILLIPS-HUTTONDirector1
MARCUS BEALDirector1
JOE HOLLOWAYDirector1
CHRISTY WEERPresident1
RANDY TAYLORDirector1
MARK WELSHDirector1
ELI MODLINDirector1
JIM WILLEYTreasurer1
DWIGHT MILLERDirector1
BOB COREDirector1
MARIA WALLERDirector1
BAK PATELDirector1
HENRY HANNA IIIDirector1
MONTY SAYLERDirector1
JOHN STERNDirector1
JENNIFER POULSENDirector1
RICHARD MORRISDirector1
TRENT PUSEYVice President1
DAWN ADKINS-HARCUMDirector1
CHRIS PERDUEDirector1

Related Funders

Similar funders by location and focus area

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

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