MARYLAND CENTER ON ECONOMIC POLICY INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
MARYLAND CENTER ON ECONOMIC POLICY INC (EIN 90-0999151)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-08-09
IRS object ID
201622229349301092
Schema version
2015v2.1
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)
Return2016-08-09T12:34:08-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN541383985PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MALVIN RIGGINS & COMPANY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12809 BOSTON STREET STE 440AddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21224ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN900999151EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARYLAND CENTER ONBusinessNameLine1Txt
Business Name Line2ECONOMIC POLICY INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMARYBusinessNameControlTxt
Phone4104129105PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11800 N CHARLES ST STE 406AddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP212015920ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBENJAMIN ORRPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4104129105PhoneNum
Signature2016-08-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS R KLEIN CPAPreparerPersonNm
PTINP00471423PTIN
Phone4106752727PhoneNum
Preparation2016-08-09PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-12-15 16:53:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBENJAMIN ORRPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11800 N CHARLES STREET SUITE 406AddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21201ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$361,098GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MDECONOMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionTHE MARYLAND CENTER ON ECONOMIC POLICY ADVANCES INNOVATIVE POLICY IDEAS TO FOSTER BROAD PROSPERITY AND HELP OUR STATE BE THE STANDARD-BEARER FOR RESPONSIBLE PUBLIC POLICY.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$241,016PYContributionsGrantsAmt
CY Contributions Grants$361,098CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$241,016PYTotalRevenueAmt
CY Total Revenue$361,098CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$34,649PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$192,743CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,281CYTotalFundraisingExpenseAmt
PY Other Expenses$8,847PYOtherExpensesAmt
CY Other Expenses$78,655CYOtherExpensesAmt
PY Total Expenses$43,496PYTotalExpensesAmt
CY Total Expenses$271,398CYTotalExpensesAmt
PY Revenues Less Expenses$197,520PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$89,700CYRevenuesLessExpensesAmt
Total Assets BOY$212,957TotalAssetsBOYAmt
Total Assets EOY$309,467TotalAssetsEOYAmt
Total Liabilities BOY$15,437TotalLiabilitiesBOYAmt
Total Liabilities EOY$22,247TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$197,520NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$287,220NetAssetsOrFundBalancesEOYAmt
MissionTHE MARYLAND CENTER ON ECONOMIC POLICY ADVANCES INNOVATIVE POLICY IDEAS TO FOSTER BROAD PROSPERITY AND HELP OUR STATE BE THE STANDARD-BEARER FOR RESPONSIBLE PUBLIC POLICY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$207,932ExpenseAmt
DescEXPAND PUBLIC AWARENESS OF THE POLICY CHOICES MARYLAND RESIDENTS MUST MAKE.Desc
Total Program Service Expenses$207,932TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
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 With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee4EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnfalseAnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMANAGEMENTPersonNm
Phone4104129105PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11800 N CHARLES STREETAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21201ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JON SHURE
CHAIRPERSON2.00Yes (X)Yes (X)$0$0$0
JENNIFER VEY
VICE-CHAIR1.00Yes (X)Yes (X)$0$0$0
DANIEL SCHLOZMAN
TREASURER1.00Yes (X)Yes (X)$0$0$0
KURT SOMMER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
MICHAEL BELAND
DIRECTOR1.00Yes (X)$0$0$0
SEEMA IYER
DIRECTOR1.00Yes (X)$0$0$0
DOUG LYNOTT
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH MORGAN III
DIRECTOR1.00Yes (X)$0$0$0
BENJAMIN ORR
EXECUTIVE DI60.00Yes (X)$84,000$0$4,038
FieldValueIRS element (for citing)
Total Reportable Comp From Org$84,000TotalReportableCompFromOrgAmt
Total Other Compensation$4,038TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$361,098AllOtherContributionsAmt
Total Contributions$361,098TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$361,098TotalRevenueColumnAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$84,000TotalAmt
Program Services$63,000ProgramServicesAmt
Management And General$16,800ManagementAndGeneralAmt
Fundraising$4,200FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$72,936TotalAmt
Program Services$63,035ProgramServicesAmt
Management And General$9,801ManagementAndGeneralAmt
Fundraising$100FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$4,039TotalAmt
Program Services$3,243ProgramServicesAmt
Management And General$685ManagementAndGeneralAmt
Fundraising$111FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$19,193TotalAmt
Program Services$15,414ProgramServicesAmt
Management And General$3,253ManagementAndGeneralAmt
Fundraising$526FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$12,575TotalAmt
Program Services$10,099ProgramServicesAmt
Management And General$2,131ManagementAndGeneralAmt
Fundraising$345FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,500TotalAmt
Management And General$3,500ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,895TotalAmt
Management And General$8,895ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$19,327TotalAmt
Program Services$18,067ProgramServicesAmt
Management And General$457ManagementAndGeneralAmt
Fundraising$803FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$14,811TotalAmt
Program Services$10,818ProgramServicesAmt
Management And General$3,624ManagementAndGeneralAmt
Fundraising$369FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$16,435TotalAmt
Program Services$13,199ProgramServicesAmt
Management And General$2,786ManagementAndGeneralAmt
Fundraising$450FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,110TotalAmt
Program Services$3,300ProgramServicesAmt
Management And General$697ManagementAndGeneralAmt
Fundraising$113FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,759TotalAmt
Program Services$212ProgramServicesAmt
Management And General$1,540ManagementAndGeneralAmt
Fundraising$7FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MISCELLANEOUS$4,780$3,499$1,162$119
AUTO$2,677$2,150$454$73
TELEPHONE & UTILITIES$2,361$1,896$400$65

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$271,398TotalAmt
Program Services$207,932ProgramServicesAmt
Management And General$56,185ManagementAndGeneralAmt
Fundraising$7,281FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$211,301BOYAmt
EOY$198,026EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,006BOYAmt
EOY$109,019EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$650BOYAmt
EOY$2,422EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$212,957BOYAmt
EOY$309,467EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$15,437BOYAmt
EOY$22,247EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,437BOYAmt
EOY$22,247EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$197,520BOYAmt
EOY$263,269EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
EOY$23,951EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$197,520BOYAmt
EOY$287,220EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$212,957BOYAmt
EOY$309,467EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$89,700ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$241,016CurrentTaxYearMinus1YearAmt
Current Tax Year$361,098CurrentTaxYearAmt
Total$602,114TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$241,016CurrentTaxYearMinus1YearAmt
Current Tax Year$361,098CurrentTaxYearAmt
Total$602,114TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$602,114PublicSupportTotal170Amt
Total Support$602,114TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

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)
VolunteersfalseVolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsfalseDirectContactLegislatorsInd
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$1,699OtherActivitiesAmt
Total Lobbying Expenditures$1,699TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION FILED ITS FIRST INCOME TAX RETURN IN 2015 FOR THE YEAR ENDED DECEMBER 31, 2014. THE ORGANIZTION HAS NOT TAKEN ANY QUESTIONABLE TAX POSITIONS WITH RESPECT TO UNRELATED BUSINESS INCOME TAX OR ANYTHING THAT WOULD JEOPARDIZE ITS 501(C)(3) STATUS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BAUDIT COMMITTEE REVIEWS THE 990 PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12CBOARD MEMBERS READ AND SIGN POLICY BEFORE BEING ADMITTED ON THE BOARD.
FORM 990, PAGE 6, PART VI, LINE 15ABOARD REVIEWS PERFORMANCE ANNUALLY TO DETERMINE COMPENSATION.
FORM 990, PAGE 6, PART VI, LINE 19AVAILABLE UPON REQUEST.

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