St James Development Corporation Inc is located in Baltimore, MD. The organization was established in 1999. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St James Development Corporation Inc 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 12/2023, St James Development Corporation Inc generated $164.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 44.0% each year . All expenses for the organization totaled $33.7k during the year ending 12/2023. While expenses have increased by 20.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ST. JAMES DEVELOPMENT CORPORATION PARTNERS WITH COMMUNITY DEVELOPMENT ORGANIZATIONS TO DEVELOP REAL PROPERTY IN THE HARLEM PARK COMMUNITY OF BALTIMORE CITY. CURRENT PROJECT INCLUDES DEVELOPING A PARK IN HARLEM PARK
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alvin Parks Board Member | 2 | $0 | |
Karen Brooks Treasurer | 5 | $0 | |
James Liverpool Assistant To Treasurer | 2 | $0 | |
Rev Richard Meadows Board Member | 2 | $0 | |
Debra Hurst President | 5 | $0 | |
Edward Simms Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,105 |
| Total Program Service Revenue | $0 |
| Membership dues | $900 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $164,005 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $33,448 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $215 |
| Total expenses | $33,663 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,319 |
| Other assets | $0 |
| Total assets | $425,639 |
| Total liabilities | $24,018 |
| Net assets or fund balances | $401,621 |