GREATER BALTIMORE COMMITTEE INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
GREATER BALTIMORE COMMITTEE INC (EIN 52-0645650)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-09
IRS object ID
202432839349301043
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-09T14:28:36-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN030483170PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CEA Scholtes and AssociatesBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1106 Tunbridge RdAddressLine1Txt
CityBaltimoreCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21212ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN520645650EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GREATER BALTIMORE COMMITTEE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGREABusinessNameControlTxt
Phone4107272820PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 SOUTH CALVERT STREET 1700AddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCRISTINA LOPEZPersonNm
Person TitleCOOPersonTitleTxt
Signature2024-10-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRIS SCHOLTES CPAPreparerPersonNm
PTINP01607734PTIN
Phone4103230010PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARK A THOMASPrincipalOfficerNm
Gross Receipts$3,302,948GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.GBC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1955FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionTo provide a strong, unified and effective voice for the business community in the functional area of urban affairs and public policy, business services and information, and economic development, thereby promoting the Baltimore Region as an outstanding place to live, work and do business.ActivityOrMissionDesc
Voting Members Governing Body88VotingMembersGoverningBodyCnt
Voting Members Independent88VotingMembersIndependentCnt
Total Employee21TotalEmployeeCnt
Total Volunteers88TotalVolunteersCnt
Total Gross UBI$36,336TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$18,330NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,424,611PYContributionsGrantsAmt
CY Contributions Grants$3,059,469CYContributionsGrantsAmt
CY Program Service Revenue$36,336CYProgramServiceRevenueAmt
PY Investment Income$94,577PYInvestmentIncomeAmt
CY Investment Income$147,488CYInvestmentIncomeAmt
PY Other Revenue-$79,934PYOtherRevenueAmt
CY Other Revenue-$224,002CYOtherRevenueAmt
PY Total Revenue$4,439,254PYTotalRevenueAmt
CY Total Revenue$3,019,291CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,202,901PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,136,726CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$325,150CYTotalFundraisingExpenseAmt
PY Other Expenses$1,478,414PYOtherExpensesAmt
CY Other Expenses$1,654,482CYOtherExpensesAmt
PY Total Expenses$2,681,315PYTotalExpensesAmt
CY Total Expenses$3,791,208CYTotalExpensesAmt
PY Revenues Less Expenses$1,757,939PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$771,917CYRevenuesLessExpensesAmt
Total Assets BOY$7,617,358TotalAssetsBOYAmt
Total Assets EOY$7,176,538TotalAssetsEOYAmt
Total Liabilities BOY$1,895,565TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,688,956TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,721,793NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,487,582NetAssetsOrFundBalancesEOYAmt
MissionGreater Baltimore Committee, Inc. is a not-for-profit, civic-interest corporation comprised of business and professional organizations located within the Greater Baltimore Area. Its purpose is to provide a strong, unified and effective voice for the business community in the functional area of urban affairs and public policy, business services and information, and economic development thereby promoting the Baltimore Region as an outstanding place to live, work and do business.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$2,023,267ExpenseAmt
Revenue$5,000RevenueAmt
DescBUSINESS ADVOCACY - Activities include multiple subject matter policy committee meetings with members to learn, forge consensus, and develop policy positions on business and industry related matters. Committees include, but are not limited to, education and workforce, transportation and mobility, health care, public safety, tourism, culture and entertainment, bioscience, and economic development. Policy positions are communicated to members and elected and appointed officials directly and indirectly through various methods of communication. Special workgroups are created for issues such as Coalition for a Second Chance business related issues pertaining to returning citizens, Bridging the Gap women and minority-owned businesses, and Regional Workforce Development Task Force preparing the next generation for workers.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$613,845ExpenseAmt
DescMEMBERSHIP DEVELOPMENT - Activities include hosting personal and professional development programs, informational events focused on prominent political, education, and business leaders, seminars on business and economic related issues, and recruitment of new members and retention efforts of existing members. Special programs include Next Up emerging leaders program and BWomen women business executive program.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,637,112TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document21IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee21EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members88GoverningBodyVotingMembersCnt
Independent Voting Member88IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCEA SCHOLTES AND ASSOCIATESPersonNm
Phone4103230010PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1106 TUNBRIDGE ROADAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21212ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (95 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Mark A Thomas
President & CEO40.006.00Yes (X)$407,670$0$0
Sharon M Schreiber
COO40.006.00Yes (X)$196,796$0$0
Pothik Chatterjee
Econ Str Officer40.000.00$129,690$0$1,154
Nekoro Gomes
VP Marketing40.000.00$128,428$0$2,308
Timothy Evans
VP of Membership40.000.00$126,578$0$12
Jeffrey Zuback
Sr Dir Pub Safety40.000.00$124,187$0$0
Lisa Byrd
Communications Dir40.000.00$95,919$0$5,200
Mohan Suntha
Chair1.000.00Yes (X)$0$0$0Yes (X)
Brian Pieninck
Co-Vice Chair1.000.00Yes (X)$0$0$0Yes (X)
Janet Currie
Secretary1.000.00Yes (X)$0$0$0Yes (X)
Martin P Brunk
Treasurer1.000.00Yes (X)$0$0$0Yes (X)
Christine Aspell
Co-Vice Chair1.000.00Yes (X)$0$0$0Yes (X)
Robert C Embry Jr
Director0.500.00$0$0$0Yes (X)
Paul A Tiburzi
Director0.500.00$0$0$0Yes (X)
Ed Brake
Director0.500.00$0$0$0Yes (X)
Rick Kohr
Director0.500.00$0$0$0Yes (X)
Ron Daniels
Director0.500.00$0$0$0Yes (X)
Bill McCarthy
Director0.500.00$0$0$0Yes (X)
August Chiasera
Director0.500.00$0$0$0Yes (X)
Scott Dorsey
Director0.500.00$0$0$0Yes (X)
Dr David Wilson
Director0.500.00$0$0$0Yes (X)
Calvin G Butler Jr
Director0.500.00$0$0$0Yes (X)
Martin T Fletcher
Director0.500.00$0$0$0Yes (X)
Tim Regan
Director0.500.00$0$0$0Yes (X)
Arnold Williams
Director0.500.00$0$0$0Yes (X)
Archibishop William E Lori
Director0.500.00$0$0$0Yes (X)
Chrissy Thornton
Director0.500.00$0$0$0Yes (X)
Alexander F Smith
Director0.500.00$0$0$0Yes (X)
Adam A Gross
Director0.500.00$0$0$0Yes (X)
Jon M Laria
Director0.500.00$0$0$0Yes (X)
Sashi Brown
Director0.500.00$0$0$0Yes (X)
Trif Alatzas
Director0.500.00$0$0$0Yes (X)
Dave Hickey
Director0.500.00$0$0$0Yes (X)
Robert L Wallace
Director0.500.00$0$0$0Yes (X)
Thomas S Bozzuto
Director0.500.00$0$0$0Yes (X)
Michael D Hankin
Director0.500.00$0$0$0Yes (X)
Jonathan Casella
Director0.500.00$0$0$0Yes (X)
Sandra Kurtinitis
Director0.500.00$0$0$0Yes (X)
James McHugh
Director0.500.00$0$0$0Yes (X)
Stephen E Budorick
Director0.500.00$0$0$0Yes (X)
Michael Bronfein
Director0.500.00$0$0$0Yes (X)
Peter Stanford
Director0.500.00$0$0$0Yes (X)
Dr Sheridan Todd Yeary
Director0.500.00$0$0$0Yes (X)
Bruce Jurist
Director0.500.00$0$0$0Yes (X)
Arun Subhas
Director0.500.00$0$0$0Yes (X)
R Andrew Bauer
Director0.500.00$0$0$0Yes (X)
J MacGregor Tisdale
Director0.500.00$0$0$0Yes (X)
Gary Attman
Director0.500.00$0$0$0Yes (X)
Dr Daria Willis
Director0.500.00$0$0$0Yes (X)
Greg Fitchitt
Director0.500.00$0$0$0Yes (X)
Francis X Kelly III
Director0.500.00$0$0$0Yes (X)
Neil Meltzer
Director0.500.00$0$0$0Yes (X)
Terrence M Sawyer
Director0.500.00$0$0$0Yes (X)
Jeffrey Hargrave
Director0.500.00$0$0$0Yes (X)
John Angelos
Director0.500.00$0$0$0Yes (X)
Bradley S Chambers
Director0.500.00$0$0$0Yes (X)
Dr David Maine
Director0.500.00$0$0$0Yes (X)
Nancy Greene
Director0.500.00$0$0$0Yes (X)
John McGrory
Director0.500.00$0$0$0Yes (X)
John Racanelli
Director0.500.00$0$0$0Yes (X)
Paul Mauritz
Director0.500.00$0$0$0Yes (X)
Laura Gamble
Director0.500.00$0$0$0Yes (X)
Richard Greenwood
Director0.500.00$0$0$0Yes (X)
Sandra S Hillman
Director0.500.00$0$0$0Yes (X)
Mark K Joseph
Director0.500.00$0$0$0Yes (X)
William H Moore
Director0.500.00$0$0$0Yes (X)
Andrew Roud
Director0.500.00$0$0$0Yes (X)
Richard J Himelfarb
Director0.500.00$0$0$0Yes (X)
William Stromberg
Director0.500.00$0$0$0Yes (X)
Aaron Tomarchio
Director0.500.00$0$0$0Yes (X)
Kevin A Plank
Director0.500.00$0$0$0Yes (X)
Kurt Schmoke
Director0.500.00$0$0$0Yes (X)
Dr Jay Perman
Director0.500.00$0$0$0Yes (X)
Gregory A Cross
Director0.500.00$0$0$0Yes (X)
Eric Reed
Director0.500.00$0$0$0Yes (X)
Dan Joerres
Director0.500.00$0$0$0Yes (X)
Derek Lynch
Director0.500.00$0$0$0Yes (X)
Gregg Bernstein
Director0.500.00$0$0$0Yes (X)
KRIS HOELLEN
Director0.500.00$0$0$0Yes (X)
JENNIFER CURRY
Director0.500.00$0$0$0Yes (X)
KATE BURGIN
Director0.500.00$0$0$0Yes (X)
WILL ENGLEHART
Director0.500.00$0$0$0Yes (X)
Kent Devereaux
Director0.500.00$0$0$0Yes (X)
Kevin Sowers
Director0.500.00$0$0$0Yes (X)
Tim Berry
Director0.500.00$0$0$0Yes (X)
Michael O Willis
Director0.500.00$0$0$0Yes (X)
Jonathan Schwartz
Director0.500.00$0$0$0Yes (X)
David Bramble
Director0.500.00$0$0$0Yes (X)
Brendan Foley
Director0.500.00$0$0$0Yes (X)
Todd Marks
Director0.500.00$0$0$0Yes (X)
Kraig Long
Director0.500.00$0$0$0Yes (X)
Bob Cawley
Director0.500.00$0$0$0Yes (X)
Jason St John
Director0.500.00$0$0$0Yes (X)
Mark Ginsberg
Director0.500.00$0$0$0Yes (X)
Evelyn Lee
Director0.500.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,209,268TotalReportableCompFromOrgAmt
Total Other Compensation$8,674TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$2,774,050MembershipDuesAmt
Fundraising$285,419FundraisingAmt
Total Contributions$3,059,469TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPUBLICATIONSDesc
Business541800BusinessCd
Total Revenue Column$36,336TotalRevenueColumnAmt
Unrelated Business Revenue$36,336UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$36,336TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$147,488TotalRevenueColumnAmt
Exclusion$147,488ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$54,655FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$285,419ContriRptFundraisingEventAmt
Fundraising Direct Expenses$283,657FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$229,002TotalRevenueColumnAmt
Exclusion-$229,002ExclusionAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$5,000TotalRevenueColumnAmt
Related Or Exempt Func Income$5,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$5,000OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,019,291TotalRevenueColumnAmt
Related Or Exempt Func Income$5,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$36,336UnrelatedBusinessRevenueAmt
Exclusion-$81,514ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$604,466TotalAmt
Program Services$392,464ProgramServicesAmt
Management And General$142,366ManagementAndGeneralAmt
Fundraising$69,636FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,079,495TotalAmt
Program Services$700,888ProgramServicesAmt
Management And General$254,247ManagementAndGeneralAmt
Fundraising$124,360FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$59,619TotalAmt
Program Services$38,709ProgramServicesAmt
Management And General$14,042ManagementAndGeneralAmt
Fundraising$6,868FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$280,111TotalAmt
Program Services$181,869ProgramServicesAmt
Management And General$65,973ManagementAndGeneralAmt
Fundraising$32,269FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$113,035TotalAmt
Program Services$73,391ProgramServicesAmt
Management And General$26,622ManagementAndGeneralAmt
Fundraising$13,022FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$22,366TotalAmt
Management And General$22,366ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$84,784TotalAmt
Management And General$84,784ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$45,700TotalAmt
Program Services$45,700ProgramServicesAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$34,218TotalAmt
Management And General$34,218ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$54,049TotalAmt
Program Services$19,065ProgramServicesAmt
Management And General$23,493ManagementAndGeneralAmt
Fundraising$11,491FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$198,810TotalAmt
Program Services$198,810ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$72,040TotalAmt
Program Services$46,731ProgramServicesAmt
Management And General$16,996ManagementAndGeneralAmt
Fundraising$8,313FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$159,116TotalAmt
Program Services$117,164ProgramServicesAmt
Management And General$28,172ManagementAndGeneralAmt
Fundraising$13,780FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$335,724TotalAmt
Program Services$217,977ProgramServicesAmt
Management And General$79,071ManagementAndGeneralAmt
Fundraising$38,676FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$39,450TotalAmt
Program Services$25,614ProgramServicesAmt
Management And General$9,291ManagementAndGeneralAmt
Fundraising$4,545FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$10,337TotalAmt
Program Services$10,337ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$20,455TotalAmt
Management And General$20,455ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$12,628TotalAmt
Program Services$8,199ProgramServicesAmt
Management And General$2,974ManagementAndGeneralAmt
Fundraising$1,455FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
STRATEGY PLAN$357,270$357,270
TECH HUBS$112,500$112,500
STRATEGIC PARTNERSHIPS$63,341$63,341
MEMBERSHIP$22,940$22,940

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,754TotalAmt
Program Services$4,143ProgramServicesAmt
Management And General$3,876ManagementAndGeneralAmt
Fundraising$735FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,791,208TotalAmt
Program Services$2,637,112ProgramServicesAmt
Management And General$828,946ManagementAndGeneralAmt
Fundraising$325,150FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,842,460BOYAmt
EOY$408,767EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$92,454BOYAmt
EOY$81,436EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$74,999BOYAmt
EOY$342,950EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$51,869BOYAmt
EOY$60,643EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$387,464LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$255,526LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$31,056BOYAmt
EOY$131,938EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,932,481BOYAmt
EOY$4,830,651EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,592,039BOYAmt
EOY$1,320,153EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,617,358BOYAmt
EOY$7,176,538EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$70,878BOYAmt
EOY$283,714EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$206,585BOYAmt
EOY$42,250EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,618,102BOYAmt
EOY$1,362,992EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,895,565BOYAmt
EOY$1,688,956EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,721,793BOYAmt
EOY$5,487,582EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,721,793BOYAmt
EOY$5,487,582EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,617,358BOYAmt
EOY$7,176,538EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$771,917ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$537,706NetUnrlzdGainsLossesInvstAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Form1120 POL FiledfalseForm1120POLFiledInd
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingfalseOnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd
Dues Assessments$2,774,050DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$45,700NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$45,700NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$180,313AggregateReportedDuesNtcAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,932,481BeginningYearBalanceAmt
Contributions$247,193ContributionsAmt
Investment Earnings Or Losses$650,977InvestmentEarningsOrLossesAmt
End Year Balance$4,830,651EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,233,041BeginningYearBalanceAmt
Contributions$1,311,680ContributionsAmt
Investment Earnings Or Losses-$612,240InvestmentEarningsOrLossesAmt
End Year Balance$3,932,481EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,936,548BeginningYearBalanceAmt
Investment Earnings Or Losses$296,493InvestmentEarningsOrLossesAmt
Other Expenditures$109,975OtherExpendituresAmt
End Year Balance$3,123,066EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,757,710BeginningYearBalanceAmt
Investment Earnings Or Losses$288,813InvestmentEarningsOrLossesAmt
End Year Balance$3,046,523EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,304,660BeginningYearBalanceAmt
Investment Earnings Or Losses$453,050InvestmentEarningsOrLossesAmt
End Year Balance$2,757,710EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Related Org List Sch RfalseRelatedOrgListSchRInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$64,135OtherCostOrOtherBasisAmt
Depreciation$64,135DepreciationAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$124,902OtherCostOrOtherBasisAmt
Depreciation$44,199DepreciationAmt
Book Value$80,703BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$198,427OtherCostOrOtherBasisAmt
Depreciation$147,192DepreciationAmt
Book Value$51,235BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$131,938TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRIGHT OF USE ASSETS, NETDesc
Book Value$1,320,153BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,320,153TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITYDesc
Amt$1,362,992Amt
FieldValueIRS element (for citing)
Total Liability$1,362,992TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,048,936TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$537,706NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$242,500DonatedServicesAndUseFcltsAmt
Other Revenue$283,657OtherRevenueAmt
Revenue Not Reported$1,063,863RevenueNotReportedAmt
Revenue Subtotal$2,985,073RevenueSubtotalAmt
Investment Expenses Not Incld$34,218InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$34,218RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,019,291TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,283,147TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$242,500DonatedServicesUseFcltsAmt
Other Expenses Included$283,657OtherExpensesIncludedAmt
Expenses Not Reported$526,157ExpensesNotReportedAmt
Expenses Subtotal$3,756,990ExpensesSubtotalAmt
Investment Expenses Not Incld2$34,218InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$34,218ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,791,208TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part V, Line 4: Intended uses of the endowment fund.GBC's board designated investments consist of a long-term investment fund established by its Board of Directors to ensure future stability and capacity to provide services to its members.
Part X : FIN48 FootnoteGreater Baltimore Committee, Inc. is a nonprofit organization exempt from the Federal income tax under Section 501(c)(4) of the Internal Revenue Code and is recognized as such by the Internal Revenue Service, except for unrelated business income. Accounting principles generally accepted in the United States of America provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of more likely than not for recognition of tax positions taken or expected to be taken in a tax return. GBC performed an evaluation of uncertain tax positions as of December 31, 2023, and determined that there were no matters that would require recognition in the accompanying financial statements or which may have any effect on its tax-exempt status. It is GBC's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense.
Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990DIRECT SPECIAL EVENT EXPENSES $283657
Part XII, Line 2d: Other expenses and losses per audited F/SDIRECT SPECIAL EVENT EXPENSES $283657

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Agrmt Prof Fundraising ActyfalseAgrmtProfFundraisingActyInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Annual MeetingEvent1Nm
Gross Receipts Event1$249,500GrossReceiptsEvent1Amt
Charitable Contri Event1$212,500CharitableContriEvent1Amt
Gross Revenue Event1$37,000GrossRevenueEvent1Amt
Rent Facility Costs Event1$71,698RentFacilityCostsEvent1Amt
Entertainment Event1$20,263EntertainmentEvent1Amt
Other Direct Expenses Event1$130,714OtherDirectExpensesEvent1Amt
Event2Transportation SummitEvent2Nm
Gross Receipts Event2$51,929GrossReceiptsEvent2Amt
Charitable Contri Event2$37,500CharitableContriEvent2Amt
Gross Revenue Event2$14,429GrossRevenueEvent2Amt
Rent Facility Costs Event2$2,531RentFacilityCostsEvent2Amt
Other Direct Expenses Event2$28,022OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$38,027GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$35,250CharitableContriOtherEventsAmt
Gross Revenue Other Events$2,777GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$19,231RentFcltyCostsOtherEventsAmt
Oth Direct Expnss Other Events$11,198OthDirectExpnssOtherEventsAmt
Gross Receipts Total$339,456GrossReceiptsTotalAmt
Charitable Contributions Tot$285,250CharitableContributionsTotAmt
Gross Revenue Total Events$54,206GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$93,460RentFcltyCostsTotalEventsAmt
Entertainment Total Events$20,263EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$169,934OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$283,657DirectExpenseSummaryEventsAmt
Net Income Summary-$229,451NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssfalseWrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
Mark A Thomas
President & CEO$407,670$407,670
Sharon M Schreiber
COO$196,796$196,796

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 1a: Relevant information in regards to selections on 1a.The President and CEO is a member of a social club and the cost is considered part of his compensation. The expense is paid for by the organization.
Part I, Line 1b: Reason for not following policy regarding payment provisions for expensesThe President and CEO is a member of a social club and the cost is part of his compensation. The expense is not reimbursed to the employee. It is paid directly to the social club.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, Line 2GBC board members are presidents and CEOs of local businesses in the Baltimore community, relationships are inevitable due to the businesses operating in the same community.
Form 990, Part VI, Section A, Line 4ON MAY 25, 2022, BY A VOTE OF THE MEMBERS OF THE BOARD OF DIRECTORS OF GREATER BALTIMORE COMMITTEE, INC. GBC AS WELL AS THE BOARD OF DIRECTORS OF THE ECONOMIC ALLIANCE OF GREATER BALTIMORE, INC. EAGB, THE EAGB WAS MERGED WITH THE GBC AND GBC IS THE SURVIVING ORGANIZATION. UPON MERGER, GBC TOOK POSSESSION OF ALL LEASES, ASSETS, AND OBLIGATIONS OF THE EAGB AND IT ITS RELATED FOUNDATION, THE ECONOMIC ALLIANCE OF GREATER BALTIMORE FOUNDATION, INC. WHICH WAS MERGED WITH THE GBC FOUNDATION, INC. THE TRANSACTIONS EFFECTIVE DATE WAS JUNE 2, 2022 AND RESULTED IN ADDITIONS OF ASSETS OF $2,343,466, LIABILITIES OF $291,780 AND NET ASSETS OF $2,051,686 TO GBC, INC.
Form 990, Part VI, Section A, Line 6The organization has one governing body, the Board of Directors, who is responsible for the governance of the organization. The Board of Directors represent the members of the organization. Nominated board members are presented for member approval at GBC's annual meeting. Once approved, the individuals who sit on the board's sole right is to participate in the organization's governance.
Form 990, Part VI, Section A, Line 8bExecutive committee does not have any authority.
Form 990, Part VI, Section B, Line 11bA copy of the form 990 is provided to all board members with opportunity to comment. After appropriate amount of time, the board files with the IRS.
Form 990, Part VI, Section B, Line 12cThe policy is reviewed and monitored by the President or Executive Assistant and the Executive Committee will determine any restrictions.
Form 990, Part VI, Section B, Line 15aFor the President: The annual review, which is received from the Executive Committee, determines salary and bonus. For all other employees: compensation is set by the President.
Form 990, Part VI, Section C, Line 19The Organization's conflict of interest policy, governing documents and financial statements are available upon request.
Form 990, Part XII, Line 2cThe organization has a committee that assumes responsibility for oversight of the audit of the financial statements and selection of an independent accountant. Both processes have not changed since prior year.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Greater Baltimore Committee FoundationBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 South Calvert Street 1700AddressLine1Txt
CityBaltimoreCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21202ZIPCd
FieldValueIRS element (for citing)
EIN521131843EIN
Primary ActivitiesTo accept charitable contributionsPrimaryActivitiesTxt
Legal Domicile StateMDLegalDomicileStateCd
Exempt Code Section501C3ExemptCodeSectionTxt
Public Charity Status7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Greater Baltimore Committee IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

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