MARYLAND-ISRAEL DEVELOPMENT CENTER INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
MARYLAND-ISRAEL DEVELOPMENT CENTER INC (EIN 52-1777737)
Tax period
2011-07-01 to 2012-06-30
Filed
2013-05-03
IRS object ID
201301239349300135
Schema version
2011v1.5
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)
Timestamp2013-05-03T11:45:29-05:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN420714325EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1MCGLADREY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1100 INTERNATIONAL DRIVE SUITE 1400AddressLine1
CityBALTIMORECity
StateMDState
ZIP Code21202ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN521777737EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MARYLANDISRAEL DEVELOPMENT CENTER INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMARYNameControl
Phone4103699238Phone

US Address USAddress

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

Officer Officer

FieldValueIRS element (for citing)
NameBARRY BOGAGEName
TitleEXECUTIVE DIRECTORTitle
Phone4103699238Phone
Date Signed2013-04-12DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJULIA FLANNERY CPAName
PTINP00928918PTIN
Phone4102469300Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonBARRY BOGAGENameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1401 EAST PRATT STREETAddressLine1
CityBALTIMORECity
StateMDState
ZIP Code21202ZIPCode
FieldValueIRS element (for citing)
Gross Receipts401878GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.MARYLANDISRAEL.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1997YearFormation
State Legal DomicileMDStateLegalDomicile
Activity Or Mission DescriptionTHE 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.ActivityOrMissionDescription
Nbr Voting Members Governing Body22NbrVotingMembersGoverningBody
Nbr Independent Voting Members21NbrIndependentVotingMembers
Total Nbr Employees2TotalNbrEmployees
Total Nbr Volunteers36TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year316509ContributionsGrantsPriorYear
Contributions Grants Current Year325008ContributionsGrantsCurrentYear
Program Service Revenue Prior Year61869ProgramServiceRevenuePriorYear
Program Service Revenue CY67344ProgramServiceRevenueCY
Investment Income Prior Year11051InvestmentIncomePriorYear
Investment Income Current Year9526InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year389429TotalRevenuePriorYear
Total Revenue Current Year401878TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year217376SalariesEtcPriorYear
Salaries Etc Current Year213348SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year139552OtherExpensePriorYear
Other Expenses Current Year138999OtherExpensesCurrentYear
Total Expenses Prior Year356928TotalExpensesPriorYear
Total Expenses Current Year352347TotalExpensesCurrentYear
Revenues Less Expenses Prior Year32501RevenuesLessExpensesPriorYear
Revenues Less Expenses CY49531RevenuesLessExpensesCY
Total Assets BOY624771TotalAssetsBOY
Total Assets EOY657925TotalAssetsEOY
Total Liabilities BOY77047TotalLiabilitiesBOY
Total Liabilities EOY76878TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY547724NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY581047NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTHE MISSION OF THE MARYLAND/ISRAEL DEVELOPMENT CENTER IS TO FOSTER BILATERAL ECONOMIC DEVELOPMENT BETWEEN ISRAEL AND MARYLAND.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense80000Expense
Revenue63000Revenue
DescriptionMARKET REACH AMERICA AND MARKET REACH ISRAEL, ENTAIL AN EXCHANGE OF CONFERENCES AND DELEGATIONS OF MARYLAND AND ISRAELI ENTREPRENEURS. TRENDLINES DO THE OUTREACH AND BUSINESS DEVELOPMENT TO MARKET MARYLAND TO ISRAELI COMPANIES TO COME TO MARYLAND AND REPRESENT MIDC TO THE MINISTRY OF INDUSTRY AND TRADE, ISRAEL AMERICAN CHAMBER OF COMMERCE AND TRADE ASSOCIATIONS.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense24775Expense
Revenue4344Revenue
DescriptionSPEAKER SERIES: MIDC BRINGS IN EXPERT SPEAKERS ON THE ECONOMIES AND TECHNOLOGY DEVELOPMENT IN MARYLAND AND ISRAEL.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense14141Expense
DescriptionTRAVEL MISSIONS: MIDC ORGANIZES TRAVEL BETWEEN MARYLAND AND ISRAEL FOR COMMUNITY AND BUSINESS LEADERS.Description

Activity Other ActivityOther

FieldValueIRS element (for citing)
Expense149487Expense
DescriptionOTHER PROGRAM ACTIVITIESDescription
FieldValueIRS element (for citing)
Total Of Other Program Service Exp149487TotalOfOtherProgramServiceExp
Total Program Service Expense268403TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities1ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office1ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Info In Schedule O Part VXInfoInScheduleOPartV
Number Forms Transmitted With10964NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees2NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members22NbrVotingGoverningBodyMembers
Number Independent Voting Members21NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees0MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledMDStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1ADELE MYERS THE ASSOCIATEDBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number4107680681TelephoneNumber

Address US AddressUS

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

Form990 Part VII Section A Form990PartVIISectionA (22 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
ABBA DAVID POLIAKOFF
CHAIRMAN2.00XX000
ROB ROSENBAUM
VICE CHAIRMAN2.00XX000
JIMMY BERG
DIRECTOR2.00X000
HENRY BREM
DIRECTOR2.00X000
STEVE BROOKS
DIRECTOR2.00X000
JEFF ELKIN
DIRECTOR2.00X000
HOWARD FRIEDMAN
DIRECTOR2.00X000
ROB FRIER
DIRECTOR2.00X000
SUZY GANZ
DIRECTOR2.00X000
ANAT KATZ
DIRECTOR2.00X000
DOMINICK MURRAY
DIRECTOR2.00X000
AVNER PARNES
DIRECTOR2.00X000
BETH PERLMAN
DIRECTOR2.00X000
JAY RADOV
DIRECTOR2.00X000
AVI RUBIN
DIRECTOR2.00X000
BRUCE SHOLK
DIRECTOR2.00X000
BARRY BOGAGE
EXECUTIVE DIRECTOR40.00XX127600029155
HANAN SIBEL
DIRECTOR2.00X000
LYNN SHAPIRO SNYDER
DIRECTOR2.00X000
MARC TERRILL
DIRECTOR2.00X000
HAREL TURKEL
DIRECTOR2.00X000
JACK ZAGER
DIRECTOR2.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org127600TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation29155TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions325008AllOtherContributions
Total Contributions325008TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeExclusionExclusionAmount
MEMBERSHIP REVENUE9000995297552975
MISCELLANEOUS REVENUE90009975937593
SPONSORSHIPS9000994971$4,971
MARKET REACH AMERICA90009918051805
FieldValueIRS element (for citing)
Total Program Service Revenue67344TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column2049TotalRevenueColumn
Exclusion$2,049ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities7477Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities0Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities7477Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column7477TotalRevenueColumn
Exclusion$7,477ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column401878TotalRevenueColumn
Related Or Exempt Function Income62373RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$14,497ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total170866Total
Program Services136693ProgramServices
Management And General34173ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total28226Total
Program Services14113ProgramServices
Management And General14113ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total890Total
Program Services445ProgramServices
Management And General445ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total2648Total
Program Services1324ProgramServices
Management And General1324ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total10718Total
Program Services5359ProgramServices
Management And General5359ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total2633Total
Management And General2633ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total4458Total
Management And General4458ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total80961Total
Program Services80961ProgramServices

Advertising Advertising

FieldValueIRS element (for citing)
Total4908Total
Management And General4908ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total9163Total
Management And General9163ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total17246Total
Program Services17246ProgramServices

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total11062Total
Program Services7463ProgramServices
Management And General3599ManagementAndGeneral

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
MARKET REACH AMERICA47994799
MEMBERSHIPS29752975
MISCELLANEOUS794794

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total352347Total
Program Services268403ProgramServices
Management And General83944ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY178719BOY
EOY224033EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY20632BOY
EOY11924EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
EOY6787EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis2802LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec1901LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY0BOY
EOY901EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY425420BOY
EOY414280EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY624771BOY
EOY657925EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY2868BOY
EOY4012EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY74179BOY
EOY72866EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY77047BOY
EOY76878EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY547724BOY
EOY581047EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY547724BOY
EOY581047EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY624771BOY
EOY657925EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses49531ReconcilationRevenueExpenses
Reconcilation Other Changes-16208ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review1AccountantCompileOrReview
FS Audited0FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years412669CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years378336CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years356613CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year316509CurrentTaxYearMinus1Year
Current Tax Year325008CurrentTaxYear
Total1789135Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years101767CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years71685CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years85311CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year61869CurrentTaxYearMinus1Year
Current Tax Year67344CurrentTaxYear
Total387976Total

Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years11436CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years11436CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years11436CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year11436CurrentTaxYearMinus1Year
Current Tax Year11436CurrentTaxYear
Total57180Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years525872CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years461457CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years453360CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year389814CurrentTaxYearMinus1Year
Current Tax Year403788CurrentTaxYear
Total2234291Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Total5092234291PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years3471CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years3903CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2883CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year3343CurrentTaxYearMinus1Year
Current Tax Year2049CurrentTaxYear
Total15649Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years3471CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years3903CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2883CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year3343CurrentTaxYearMinus1Year
Current Tax Year2049CurrentTaxYear
Total15649Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years529343CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years465360CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years456243CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year393157CurrentTaxYearMinus1Year
Current Tax Year405837CurrentTaxYear
Total2249940Total
FieldValueIRS element (for citing)
Public Support Percentage5090.99300PublicSupportPercentage509
Prior Year Support Percentage0.99290PriorYearSupportPercentage
Investment Income Percentage0.00700InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.00710PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance425420BeginningOfYearBalance
Investment Earnings Or Losses-6682InvestmentEarningsOrLosses
Administrative Expenses4458AdministrativeExpenses
End Of Year Balance414280EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance345795BeginningOfYearBalance
Investment Earnings Or Losses89148InvestmentEarningsOrLosses
Administrative Expenses9523AdministrativeExpenses
End Of Year Balance425420EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance303776BeginningOfYearBalance
Investment Earnings Or Losses45823InvestmentEarningsOrLosses
Administrative Expenses3804AdministrativeExpenses
End Of Year Balance345795EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance377384BeginningOfYearBalance
Investment Earnings Or Losses-70246InvestmentEarningsOrLosses
Administrative Expenses3362AdministrativeExpenses
End Of Year Balance303776EndOfYearBalance
FieldValueIRS element (for citing)
Permanent Endowment EOY Balance1.00000PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs1EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis2802OtherCostOrOtherBasis
Depreciation1901Depreciation
Book Value901BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings901TotalOfBookValueLandBuildings

Other Securities OtherSecurities

FieldValueIRS element (for citing)
DescriptionINVESTMENT IN THE CONSOLIDATED INVESTMENT FUNDDescription
Book Value414280BookValue
Method Of ValuationFMethodOfValuation
FieldValueIRS element (for citing)
Total Of Book Value Securities414280TotalOfBookValueSecurities

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionDUE TO THE ASSOCIATED: JEWISH COMMUNITY FEDERATION OF BALTIMORE, INC.Description
Amount$72,866Amount
FieldValueIRS element (for citing)
Total Of Amounts72866TotalOfAmounts
Total Revenue401878TotalRevenue
Total Expenses352347TotalExpenses
Excess Or Deficit For Year49531ExcessOrDeficitForYear
Net Unrealized GL On Investments-16208NetUnrealizedGLOnInvestments
Total Adjustments-16208TotalAdjustments
Excess Or Deficit Per FS33323ExcessOrDeficitPerFS

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:PART V, LINE 4:FUNDS ARE TO BE USED AS A RESERVE FOR THE FUTURE.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:PART X: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 2009.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionMIDDLE EAST AND NORTH AFRICA -Region
Number Of Offices0NumberOfOffices
Number Of Employees1NumberOfEmployees
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConducted
Specific Services ProvidedTO PROMOTE ISRAELI COMPANIES TO DO BUSINESS WITH COMPANIES IN MDSpecificServicesProvided
Total Expenditures41000TotalExpenditures
FieldValueIRS element (for citing)
Subtotal Number Of Offices0SubtotalNumberOfOffices
Subtotal Number Of Employees1SubtotalNumberOfEmployees
Cont Number Of Offices0ContNumberOfOffices
Cont Number Of Employees0ContNumberOfEmployees
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees1TotalNumberOfEmployees
Subtotal Amount Spent41000SubtotalAmountSpent
Cont Amount Spent0ContAmountSpent
Total Amount Spent41000TotalAmountSpent
Transfer To Foreign Corp0TransferToForeignCorp
Interest In Foreign Trust0InterestInForeignTrust
Own Foreign Corp0OwnForeignCorp
Passive Foreign Invest Co0PassiveForeignInvestCo
Foreign Partnership0ForeignPartnership
Boycott Countries0BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)

IdentifierIdentifierExplanationExplanation
METHOD USED TO ACCCOUNT FOR EXPENDITURES:SCHEDULE F, PART I, LINE 3: FAIR MARKET VALUE
MIDC PAID TRENDLINES, AN ISRAELI COMPANY AND AGENT FOR MIDC, A RETAINER OF $41,000 IN FY12 FOR SERVICES IN ISRAEL. THEY PROMOTE ISRAELI COMPANIES TO DO BUSINESS WITH COMPANIES IN MD.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonBARRY BOGAGENamePerson
Base Compensation Filing Org127600BaseCompensationFilingOrg
Comp Based On Related Orgs0CompBasedOnRelatedOrgs
Bonus Filing Org0BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org5480DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org23675NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org156755TotalCompensationFilingOrg
Total Compensation Related Orgs0TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
Return ReferencePART I, LINE 3ReturnReference
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.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
NUMBER OF VOLUNTEERSFORM 990, PART I, LINE 6, NUMBER OF VOLUNTEERS:VOLUNTEERS ARE INDIVIDUALS WHO ARE INVOLVED IN COMMITTEES THAT HELP 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 2 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 2 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 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.
CHANGES IN NET ASSETS OR FUND BALANCES:FORM 990, PART XI, LINE 5:NET UNREALIZED LOSSES ON INVESTMENTS: -16,208.

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