Tri-County Council For Southern Maryland
- Assets
- $13.4m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 47
- Location
- Hughesville, MD
- Founding
- 05/1983
- Data as of
- 06/2023
- EIN
- 52-0902802
Organization Overview
Tri-County Council For Southern Maryland is located in Hughesville, MD. The organization was established in 1983. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Tri-County Council For Southern Maryland employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri-County Council For Southern Maryland is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Tri-County Council For Southern Maryland generated $8.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $8.5m during the year ending 06/2023. While expenses have increased by 10.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tri-County Council For Southern Maryland has awarded 30 individual grants totaling $3,252,291. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRI-COUNTY COUNCIL FOR SOUTHERN MARYLAND IS A PARTNERSHIP OF STATE AND LOCAL GOVERNMENTS ESTABLISHED AS THE REGIONAL DEVELOPMENT AND PLANNING ORGANIZATION FOR SOUTHERN MARYLAND
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE DEVELOPEMENT BOARD - TO PROVIDE WORKFORCE PREPARATION AND EMPLOYMENT SYSTEMS.
OTHER PROGRAMS INCLUDE MARYLAND COMMERCE, TRANSPORTATION PLANNING AND OTHER SMALL PROGRAMS.
SOUTHERN MARYLAND AGRICULTURAL DEVELOPMENT COMMISSION - TO RETAIN SOUTHERN MARYLAND'S AGRICULTURAL INDUSTRY AND CULTURE
RURAL MARYLAND COUNCIL - TO PROVIDE FUNDING TO RURAL REGIONAL PLANNING AND ECONOMIC DEVELOPMENT ORGANIZATIONS, RURAL ENTREPRENUERSHIP AND HEALTHCARE PROGRAMS AND INSTITUTIONS OF HIGHER EDUCATION AND ADVANCED TECHNOLOGY CENTERS AT COMMUNITY COLLEGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Senator Arthur Ellis Legislator | Trustee | 5 | $0 |
Senator Jack Bailey Legislator | Trustee | 5 | $0 |
Senator Michael A Jackson Legislator | Trustee | 5 | $0 |
Delegate Mark Fisher Legislator | OfficerTrustee | 5 | $0 |
Delegate Debra M Davis Legislator | Trustee | 5 | $0 |
Delegate Edith Patterson Legislator | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Abacus Corporation Job Recruitment | 6/29/19 | $182,975 |
Peake Technology Partners Technology Services | 6/29/19 | $137,866 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,442,611 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,203 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,447,814 |
| Total Program Service Revenue | $0 |
| Investment income | $335,469 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,843,423 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,934,593 |
| Grants and other assistance to domestic individuals. | $64,717 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $137,477 |
| Compensation of current officers, directors, key employees. | $5,932 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,421,231 |
| Pension plan accruals and contributions | $113,388 |
| Other employee benefits | $388,603 |
| Payroll taxes | $176,061 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $235,616 |
| Information technology | $36,219 |
| Royalties | $0 |
| Occupancy | $189,362 |
| Travel | $95,682 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $127,122 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,064 |
| Insurance | $10,053 |
| All other expenses | $84,169 |
| Total functional expenses | $8,478,428 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$410,139 |
| Savings and temporary cash investments | $11,232,174 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,540,415 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $142,524 |
| Net Land, buildings, and equipment | $154,221 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $768,951 |
| Total assets | $13,428,146 |
| Accounts payable and accrued expenses | $569,002 |
| Grants payable | $0 |
| Deferred revenue | $8,411,861 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $585,971 |
| Total liabilities | $9,566,834 |
| Net assets without donor restrictions | $1,390,062 |
| Net assets with donor restrictions | $2,471,250 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,428,146 |
Grants Awarded
Over the last fiscal year, Tri-County Council For Southern Maryland has awarded $1,880,647 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLES SOIL CONSERVATION DISTRICT PURPOSE: EQUIPMENT PROGRAM | $27,585 |
COLLEGE OF SOUTHERN MARYLAND | | | $264,319 |
COUNTY COMMISSIONERS OF CALVERT COU | | | $85,400 |
USBTA | | | $542,000 |
ST MARY'S COUNTY DEPT OF ECONOMIC | | | $250,000 |
MD ECONOMIC DEVELP CORP | | | $80,000 |