MARYLAND-ISRAEL DEVELOPMENT CENTER INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
MARYLAND-ISRAEL DEVELOPMENT CENTER INC (EIN 52-1777737)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-05-14
IRS object ID
201541349349306684
Schema version
2013v4.0
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)
Return2015-05-14T15:19:07-05:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCGLADREY LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 INTERNATIONAL DRIVE SUITE 1400AddressLine1
CityBALTIMORECity
StateMDState
ZIP Code21202ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521777737EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARYLANDISRAEL DEVELOPMENT CENTER INCBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlMARYBusinessNameControlTxt
Phone4103699238PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1401 EAST PRATT STREETAddressLine1
CityBALTIMORECity
StateMDState
ZIP Code21202ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBARRY BOGAGEPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4103699238PhoneNum
Signature2015-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJULIA FLANNERY CPAPreparerPersonNm
PTINP00928918PTIN
Phone4102469300PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBARRY BOGAGEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1401 EAST PRATT STREETAddressLine1
CityBALTIMORECity
StateMDState
ZIP Code21202ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$568,813GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MARYLANDISRAEL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1997FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionTHE MISSION OF MIDC IS TO FOSTER BILATERAL ECONOMIC DEVELOPMENT BETWEEN ISRAEL AND MARYLAND.ActivityOrMissionDesc
Voting Members Governing Body27VotingMembersGoverningBodyCnt
Voting Members Independent26VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers35TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$794,660PYContributionsGrantsAmt
CY Contributions Grants$452,501CYContributionsGrantsAmt
PY Program Service Revenue$74,343PYProgramServiceRevenueAmt
CY Program Service Revenue$113,363CYProgramServiceRevenueAmt
PY Investment Income$1,202PYInvestmentIncomeAmt
CY Investment Income$2,949CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$870,205PYTotalRevenueAmt
CY Total Revenue$568,813CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$198,369PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$294,811CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$664,650PYOtherExpensesAmt
CY Other Expenses$226,347CYOtherExpensesAmt
PY Total Expenses$863,019PYTotalExpensesAmt
CY Total Expenses$521,158CYTotalExpensesAmt
PY Revenues Less Expenses$7,186PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$47,655CYRevenuesLessExpensesAmt
Total Assets BOY$671,987TotalAssetsBOYAmt
Total Assets EOY$794,856TotalAssetsEOYAmt
Total Liabilities BOY$26,404TotalLiabilitiesBOYAmt
Total Liabilities EOY$29,902TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$645,583NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$764,954NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MARYLAND/ISRAEL DEVELOPMENT CENTER IS A NON-PROFIT MEMBERSHIP ORGANIZATION THAT PROMOTES TRADE AND INVESTMENT BETWEEN MARYLAND AND ISRAELI COMPANIES. MIDC PROVIDES EDUCATIONAL PROGRAMS ABOUT THE ECONOMIES OF THE STATE OF MARYLAND AND ISRAEL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$312,921ExpenseAmt
Revenue$66,250RevenueAmt
DescTHE MIDC HAS AN ALLIANCE WITH OTHER ORGANIZATIONS WITH THE MISSION OF HELPING CREATE JOBS IN BOTH MARYLAND AND ISRAELI COMMUNITIES BY PROMOTING BI-LATERAL TRADE AND INVESTMENT. THE MIDC HAS A MEMBERSHIP PROGRAM TO PROVIDE MARYLAND COMPANIES WITH ACCESS TO ISRAELI FIRMS WHO WISH TO INTERACT THROUGH ECONOMIC, SCIENTIFIC AND /OR TECHNOLOGICAL COLLABORATION.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$67,484ExpenseAmt
Revenue$2,813RevenueAmt
DescTHE MIDC ORGANIZES A SERIES OF EVENTS EACH YEAR ABOUT ISRAEL'S ECONOMY AND HIGH TECH BUSINESS DEVELOPMENT. THE MIDC REGULARLY ATTRACTS OVER 200 PEOPLE TO ITS ANNUAL SHOWCASE OF MARYLAND/ISRAEL TRADE. ITS SMALLER BUSINESS BRIEFINGS OFTEN ATTRACT 50 OR MORE PEOPLE TO LEARN ABOUT SPECIFIC ISRAELI BUSINESSES OR TECHNOLOGIES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$55,292ExpenseAmt
Revenue$39,300RevenueAmt
DescHANAN SIBEL BUSINESS LEADERSHIP AWARD CEREMONY & BI-ANNUAL DINNER THE MIDC NAMED ITS BUSINESS LEADERSHIP AWARD AFTER MIDC FOUNDING CHAIRMAN HANAN SIBEL, A PROMINENT BUSINESS, CIVIC AND JEWISH COMMUNITY LEADER IN MARYLAND. THIS YEAR'S AWARD RECIPIENT WAS ABBA DAVID POLIAKOFF.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Revenue$5,000RevenueAmt
DescTHE MIDC REPRESENTS THE U.S.-ISRAEL BINATIONAL INDUSTRIAL RESEARCH & DEVELOPMENT FOUNDATION IN MARYLAND. THE FOUNDATION PROVIDES UP TO $1 MILLION FOR JOINT R&D PROJECTS CONDUCTED BY U.S. ISRAEL COMPANY TEAMS. THE MIDC RECEIVES A SUCCESS FEE TO PUT MARYLAND-ISRAEL COMPANY PROJECTS TOGETHER.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Revenue$5,000TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$435,697TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee5EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members27GoverningBodyVotingMembersCnt
Independent Voting Member26IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ADELE MYERS THE ASSOCIATEDBusinessNameLine1
FieldValueIRS element (for citing)
Phone4107680681PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 WEST MOUNT ROYAL AVENUEAddressLine1
CityBALTIMORECity
StateMDState
ZIP Code21201ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ABBA DAVID POLIAKOFF
CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
ROBERT ROSENBAUM
TREASURER2.00Yes (X)Yes (X)$0$0$0
HENRY BREM
DIRECTOR2.00Yes (X)$0$0$0
STEVEN BROOKS
DIRECTOR2.00Yes (X)$0$0$0
STEVE DUBIN
DIRECTOR2.00Yes (X)$0$0$0
JEFF ELKIN
DIRECTOR2.00Yes (X)$0$0$0
HOWARD FRIEDMAN
DIRECTOR2.00Yes (X)$0$0$0
ROBERT FRIER
DIRECTOR2.00Yes (X)$0$0$0
SUSAN GANZ
DIRECTOR2.00Yes (X)$0$0$0
IRA HOFFMAN
DIRECTOR2.00Yes (X)$0$0$0
JAMES HUGHES
DIRECTOR2.00Yes (X)$0$0$0
ANAT KATZ
DIRECTOR2.00Yes (X)$0$0$0
DOMINICK MURRAY
DIRECTOR2.00Yes (X)$0$0$0
AVNER PARNES
DIRECTOR2.00Yes (X)$0$0$0
BETH PERLMAN
DIRECTOR2.00Yes (X)$0$0$0
JAY RADOV
DIRECTOR2.00Yes (X)$0$0$0
ORI REISS
DIRECTOR2.00Yes (X)$0$0$0
AVI RUBIN
DIRECTOR2.00Yes (X)$0$0$0
LYNN SHAPIRO SNYDER
DIRECTOR2.00Yes (X)$0$0$0
BRUCE SHOLK
DIRECTOR2.00Yes (X)$0$0$0
HANAN SIBEL
DIRECTOR2.00Yes (X)$0$0$0
MARC TERRILL
DIRECTOR2.00Yes (X)$0$0$0
HAREL TURKEL
DIRECTOR2.00Yes (X)$0$0$0
HENRY YAFFE
DIRECTOR2.00Yes (X)$0$0$0
JACK ZAGER
DIRECTOR2.00Yes (X)$0$0$0
YONATAN ZOHAR PHD
DIRECTOR2.00Yes (X)$0$0$0
BARRY BOGAGE
EXECUTIVE DIRECTOR40.00Yes (X)Yes (X)$138,361$0$39,120
FieldValueIRS element (for citing)
Total Reportable Comp From Org$138,361TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$39,120TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$306,724GovernmentGrantsAmt
All Other Contributions$145,777AllOtherContributionsAmt
Total Contributions$452,501TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP REVENUE900099$66,250$66,250
EVENTS AND PROGRAM REV900099$23,613$23,613
SPONSORSHIPS900099$23,500$23,500
FieldValueIRS element (for citing)
Total Program Service Revenue$113,363TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,897TotalRevenueColumnAmt
Exclusion$1,897ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,052SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,052SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,052TotalRevenueColumnAmt
Exclusion$1,052ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$568,813TotalRevenueColumnAmt
Related Or Exempt Func Income$113,363RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,949ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$150,241TotalAmt
Program Services$124,700ProgramServicesAmt
Management And General$25,541ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$94,975TotalAmt
Program Services$78,829ProgramServicesAmt
Management And General$16,146ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$9,606TotalAmt
Program Services$7,973ProgramServicesAmt
Management And General$1,633ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$23,394TotalAmt
Program Services$19,417ProgramServicesAmt
Management And General$3,977ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$16,595TotalAmt
Program Services$13,774ProgramServicesAmt
Management And General$2,821ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,200TotalAmt
Management And General$1,200ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$975TotalAmt
Management And General$975ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$9,033TotalAmt
Management And General$9,033ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$6,232TotalAmt
Management And General$6,232ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$90,314TotalAmt
Program Services$90,314ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,774TotalAmt
Program Services$7,283ProgramServicesAmt
Management And General$1,491ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,949TotalAmt
Program Services$9,088ProgramServicesAmt
Management And General$1,861ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,195TotalAmt
Program Services$5,142ProgramServicesAmt
Management And General$1,053ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$22,447TotalAmt
Program Services$22,447ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$47,666TotalAmt
Program Services$42,558ProgramServicesAmt
Management And General$5,108ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$825TotalAmt
Management And General$825ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$360TotalAmt
Management And General$360ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,958TotalAmt
Management And General$3,958ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PARKING & MILEAGE$12,482$10,610$1,872
BAD DEBTS$3,562$3,562
STAFF TRAINING/DEVELOPM$1,375$1,375

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$521,158TotalAmt
Program Services$435,697ProgramServicesAmt
Management And General$85,461ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$113,781BOYAmt
EOY$165,610EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$64,993BOYAmt
EOY$91,748EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$540BOYAmt
EOY$60EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,802LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,621LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$541BOYAmt
EOY$181EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$468,004BOYAmt
EOY$537,257EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$24,128BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$671,987BOYAmt
EOY$794,856EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$26,404BOYAmt
EOY$4,312EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$25,590EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$26,404BOYAmt
EOY$29,902EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$645,583BOYAmt
EOY$764,954EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$645,583BOYAmt
EOY$764,954EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$671,987BOYAmt
EOY$794,856EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$47,655ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$71,716NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$356,613CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$316,509CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$325,008CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$794,660CurrentTaxYearMinus1YearAmt
Current Tax Year$452,501CurrentTaxYearAmt
Total$2,245,291TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$85,311CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$61,869CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$67,344CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$74,343CurrentTaxYearMinus1YearAmt
Current Tax Year$113,363CurrentTaxYearAmt
Total$402,230TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,436CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,436CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,436CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,436CurrentTaxYearMinus1YearAmt
Current Tax Year$10,000CurrentTaxYearAmt
Total$55,744TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$453,360CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$389,814CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$403,788CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$880,439CurrentTaxYearMinus1YearAmt
Current Tax Year$575,864CurrentTaxYearAmt
Total$2,703,265TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,703,265PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,883CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,343CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,049CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$852CurrentTaxYearMinus1YearAmt
Current Tax Year$1,897CurrentTaxYearAmt
Total$11,024TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,883CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,343CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,049CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$852CurrentTaxYearMinus1YearAmt
Current Tax Year$1,897CurrentTaxYearAmt
Total$11,024TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$456,243CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$393,157CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$405,837CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$881,291CurrentTaxYearMinus1YearAmt
Current Tax Year$577,761CurrentTaxYearAmt
Total$2,714,289TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99590PublicSupportCY509Pct
Public Support PY5090.99500PublicSupportPY509Pct
Investment Income CY0.00410InvestmentIncomeCYPct
Investment Income PY0.00500InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

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 D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$468,005BeginningYearBalanceAmt
Investment Earnings Or Losses$74,665InvestmentEarningsOrLossesAmt
Administrative Expenses$5,413AdministrativeExpensesAmt
End Year Balance$537,257EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$414,280BeginningYearBalanceAmt
Investment Earnings Or Losses$58,553InvestmentEarningsOrLossesAmt
Administrative Expenses$4,828AdministrativeExpensesAmt
End Year Balance$468,005EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$425,420BeginningYearBalanceAmt
Investment Earnings Or Losses-$6,682InvestmentEarningsOrLossesAmt
Administrative Expenses$4,458AdministrativeExpensesAmt
End Year Balance$414,280EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$345,795BeginningYearBalanceAmt
Investment Earnings Or Losses$89,148InvestmentEarningsOrLossesAmt
Administrative Expenses$9,523AdministrativeExpensesAmt
End Year Balance$425,420EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$303,776BeginningYearBalanceAmt
Investment Earnings Or Losses$45,823InvestmentEarningsOrLossesAmt
Administrative Expenses$3,804AdministrativeExpensesAmt
End Year Balance$345,795EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,802OtherCostOrOtherBasisAmt
Depreciation$2,621DepreciationAmt
Book Value$181BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$181TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN THE JEWISH COMMUNITY INVESTMENT FUNDDesc
Book Value$537,257BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$537,257TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO THE ASSOCIATED: JCFBDesc
Amt$25,590Amt
FieldValueIRS element (for citing)
Total Liability$25,590TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:FUNDS ARE TO BE USED AS A RESERVE FOR THE FUTURE.
PART X, LINE 2:MIDC HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS POLICY, MIDC MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT EVALUATED MIDC'S TAX POSITIONS AND CONCLUDED THAT IT HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. MIDC IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL AUTHORITIES FOR THE YEARS BEFORE 2011.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionMIDDLE EAST AND NORTH AFRICA -RegionTxt
Offices0OfficesCnt
Employee1EmployeeCnt
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConductedTxt
Specific Services ProvidedTO PROMOTE ISRAELI COMPANIES TO DO BUSINESS WITH COMPANIES IN MDSpecificServicesProvidedTxt
Region Total Expenditures$23,900RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees1SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee1TotalEmployeeCnt
Subtotal Spent$23,900SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$23,900TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3:FormAndLineReferenceDesc
ExplanationMIDC PAID TRENDLINES, AN ISRAELI COMPANY AND AGENT FOR MIDC, $23,900 IN FY14 FOR SERVICES IN ISRAEL. THEY PROMOTE ISRAELI COMPANIES TO DO BUSINESS WITH COMPANIES IN MD.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonBARRY BOGAGEPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$138,361BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$6,117DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$33,003NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$177,481TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE ASSOCIATED: JEWISH COMMUNITY FEDERATION OF BALTIMORE, INC., AN UNRELATED, AFFILIATED ORGANIZATION, IN CONSULTATION WITH THE MIDC PRESIDENT. MIDC IS A CONSTITUENT AGENCY OF THE ASSOCIATED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 6, NUMBER OF VOLUNTEERS:VOLUNTEERS ARE THOSE WHO ARE INVOLVED IN COMMITTEES THAT HELP TO PLAN AND COORDINATE MARKETING AND EVENT PLANNING. BUSINESS MENTORS HELP AND ADVISE ISRAELI ENTREPRENEURS WHO WOULD LIKE TO START A NEW BUSINESS.
FORM 990, PART V, LINE 2A, NUMBER OF EMPLOYEES:THE 5 EMPLOYEES LISTED IN PART V ARE PAID BY THE ASSOCIATED: JEWISH COMMUNITY FEDERATION OF BALTIMORE, INC., AN UNRELATED, AFFILIATED ORGANIZATION, FOR THEIR SERVICES PERFORMED FOR MIDC. MIDC DOES NOT FILE ANY PAYROLL RETURNS WITH THE IRS BUT THESE 5 EMPLOYEES ARE INCLUDED IN THE PAYROLL FILINGS OF THE ASSOCIATED. THE EMPLOYEE COSTS ARE REIMBURSED BY MIDC AND INCLUDED IN PART IX, LINES 5-10.
FORM 990, PART VI, SECTION A, LINE 8BCOMMITTEES DO NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE TREASURER BEFORE IT IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY, ALL KEY INDIVIDUALS AT THE ORGANIZATION INCLUDING DIRECTORS, COMMITTEE MEMBERS, AND EMPLOYEES IN A POSITION TO INFLUENCE OR VOTE ON POLICY OR EXPENDITURES ARE REQUIRED TO COMPLETE AND SIGN A DISCLOSURE STATEMENT. IF A CONFLICT OR POTENTIAL CONFLICT ARISES, THE KEY INDIVIDUAL SHALL PROVIDE A FULL DISCLOSURE, IN WRITING, OF THE RELATIONSHIP OR INTEREST, TO THE CHAIRMAN OF THE BOARD AND TO THE CHAIRMAN OF ANY COMMITTEE ACTING ON THE CONTRACT OR TRANSACTION PRIOR TO DISCUSSION OR ACTION ON SUCH CONTRACT TRANSACTION. STAFF MEMBERS SHALL DISCLOSE ANY CONFLICT FOR THEMSELVES OR A FAMILY MEMBER TO THE EXECUTIVE DIRECTOR. IF THERE IS A CONFLICT, THAT PERSON SHALL VACATE THE ROOM IN WHICH THE MATTER IS BEING VOTED UPON AND SHALL NOT PARTICIPATE IN THE FINAL DELIBERATION OR DECISION REGARDING THE MATTER OTHER THAN TO ANSWER QUESTIONS OR PROVIDE FACTUAL INFORMATION. THE MINUTES OF THE MEETING SHALL REFLECT THE CONFLICT DISCLOSURE WAS MADE, THE VOTE TAKEN, AND WHERE APPLICABLE, THE ABSTENTION OF VOTING AND PARTICIPATION OF THE KEY INDIVIDUAL.
FORM 990, PART VI, SECTION B, LINE 15FORM 990, PART VI, SECTION B, LINE 15: THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE ASSOCIATED: JEWISH COMMUNITY FEDERATION OF BALTIMORE, INC., AN UNRELATED, AFFILIATED ORGANIZATION, IN CONSULTATION WITH THE MIDC PRESIDENT. MIDC IS A CONSTITUENT AGENCY OF THE ASSOCIATED.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).

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