East Baltimore Development Inc
EBDI'S MISSION IS TO SUCCESSFULLY ATTRACT MARKET-ORIENTED INVESTMENT, DEVELOPMENT, POPULATION AND ENTERPRISE TO THE EAST BALTIMORE COMMUNITY WHILE EQUIPPING COMMUNITY RESIDENTS WITH THE SKILLS, INFORMATION, AND RESOURCES THEY NEED TO BENEFIT FROM NEW HOUSING, EMPLOYMENT, BUSINESS, AND AND EDUCATIONAL OPPORTUNITIES.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$18.5M
-1.1% YoY
Annual Giving
$437K
+60.3% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$146K
+6.9% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,476,911 | $18,690,336 | $12,751,192 |
| Revenue | $3,178,693 | $8,589,679 | $30,262,944 |
| Expenses | $3,430,531 | $3,511,989 | $9,632,928 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $993,486 | $2,783 | $23,046,697 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does East Baltimore Development Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHERYL WASHINGTON | PRESIDENT AN | 40 | $260,318 |
| KAREN JOHNSON | CHF REAL EST | 40 | $240,271 |
| ANDREW FREEMAN | SEN VP REAL | 40 | $175,042 |
| LISE SANDERS | CFO | 40 | $130,786 |
| JOHNNY COLEMAN | BOARD MEMBER | 1 | — |
| JACK DAY | BOARD MEMBER | 1 | — |
| ANTONIO GLOVER | BOARD MEMBER | 1 | — |
| CORY MCCRAY | TREASURER | 1 | — |
| ROBERT STOKES | BOARD MEMBER | 1 | — |
| MARIA TILDON | BOARD MEMBER | 1 | — |
| CARON WATKINS | SECRETARY | 1 | — |
| CALVIN YOUNG | CHAIRMAN | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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