Overview

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Est.

1979

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Maryland Rural Development Corporation is a community improvement nonprofit focused on providing economic, educational, and housing assistance to individuals in need through government and private grant resources. In filing year 2024, it reported a $9.5M operating budget and $10.1M in total revenue, with major support from MARYLAND FAMILY NETWORK INC ($8.3M, 2025) and MARYLAND ASSOCIATION OF COMMUNITY ACTION AGENCIES ($150K, 2022).

Mission Statement

Provide Economic, Educational and Housing Assistance to individuals who are in need through the resources offered by government and private grants.
Revenues
$10.1M
Expenses
$10.1M
Net Income:
+$972
Assets
$5.5M
Liabilities
$4.4M
Net Assets:
+$1.2M
Operating Budget
$9.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$1.4M
Largest grant received
$1.4M
S
Susan O'Neill
Board Member
S
Scott Warner
Board Member
J
Josetta Jones
Board Member
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  • 2 funders
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Frequently Asked Questions

What is Maryland Rural Development Corporation’s budget?
In 2024, Maryland Rural Development Corporation reported an annual operating budget of around $9.5 million. More detailed financial information is available to registered users.
What causes does Maryland Rural Development Corporation support?
Maryland Rural Development Corporation supports work in Community improvement.
Where does Maryland Rural Development Corporation operate?
Maryland Rural Development Corporation is headquartered in Annapolis, MD.
Who funded Maryland Rural Development Corporation recently?
In 2024, Maryland Rural Development Corporation received grants from MARYLAND FAMILY NETWORK INC, MARYLAND FAMILY NETWORK INC, and MARYLAND FAMILY NETWORK INC. More information on this organization’s funders is available to registered users.
What is the largest grant Maryland Rural Development Corporation received in 2024?
The largest grant to Maryland Rural Development Corporation in 2024 exceeds $1.4 million.
What is Maryland Rural Development Corporation’s reliance on government grants?
Maryland Rural Development Corporation relied on government grants for more than 95% of their total revenue in 2024.