MARYLAND-ISRAEL DEVELOPMENT CENTER INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MARYLAND-ISRAEL DEVELOPMENT CENTER INC (EIN 52-1777737)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-11
- IRS object ID
- 201241329349300104
- Schema version
- 2010v3.4
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-11T05:49:59-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 INTERNATIONAL DRIVE SUITE 1400 | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521777737 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARYLANDISRAEL DEVELOPMENT CENTER INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MARY | NameControl |
| Phone | 4107670681 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 EAST PRATT STREET | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21202 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BARRY BOGAGE | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 4107670681 | Phone |
| Date Signed | 2012-05-01 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JULIA FLANNERY CPA | Name |
| Phone | 4102469300 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Name Of Principal Officer Person | BARRY BOGAGE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 EAST PRATT STREET | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 389429 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MARYLANDISRAEL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1997 | YearFormation |
| State Legal Domicile | MD | StateLegalDomicile |
| Activity Or Mission Description | THE 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 Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2 | TotalNbrEmployees |
| Total Nbr Volunteers | 35 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 316509 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 61869 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 0 | InvestmentIncomePriorYear |
| Investment Income Current Year | 11051 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 0 | TotalRevenuePriorYear |
| Total Revenue Current Year | 389429 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 217376 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 0 | OtherExpensePriorYear |
| Other Expenses Current Year | 139552 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 0 | TotalExpensesPriorYear |
| Total Expenses Current Year | 356928 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 0 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 32501 | RevenuesLessExpensesCY |
| Total Assets BOY | 496810 | TotalAssetsBOY |
| Total Assets EOY | 624771 | TotalAssetsEOY |
| Total Liabilities BOY | 55275 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 77047 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 441535 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 547724 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF THE MARYLAND/ISRAEL DEVELOPMENT CENTER IS TO FOSTER BILATERAL ECONOMIC DEVELOPMENT BETWEEN ISRAEL AND MARYLAND. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 73000 | Expense |
| Revenue | 22303 | Revenue |
| Description | MARKET REACH AMERICA AND MARKET REACH ISRAEL: MARKETREACH AMERICA IS THE MIDC'S SOPHISTICATED CORPORATE PARTNERING PROGRAM, CONNECTING ISRAELI ENTREPRENEURS WITH MARYLAND AND U.S. BUSINESS OPPORTUNITIES. MIDC PREPARES THE ISRAELI COMPANIES FOR SUCCESS BY ASSISTING IN MARKETING, OVERCOMING CULTURAL DIFFERENCES AND UNDERSTANDING THE U.S. BUSINESS ARENA. MIDC HOSTS ISRAELI COMPANIES LOOKING TO ENTER THE U.S. MARKET, EXPOSING THEM TO A NETWORK OF POTENTIAL INVESTORS, CUSTOMERS AND STRATEGIC PARTNERS.MIDC OFFERS CUSTOMIZED RESEARCH AND OUTREACH TO ASSIST MARYLAND ENTREPRENEURS IN ACCESSING ISRAELI PARTNERS. MIDC INTERVIEWS MARYLAND COMPANY EXECUTIVES ON THEIR TECHNOLOGY AND INTERNATIONAL TRADE NEEDS AND UTILIZES ITS VAST NETWORK IN ISRAEL TO IDENTIFY APPROPRIATE MATCHES AND BUSINESS DEALS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 24975 | Expense |
| Revenue | 3800 | Revenue |
| Description | SPEAKER SERIES: MIDC BRINGS IN EXPERT SPEAKERS ON THE ECONOMIES AND TECHNOLOGY DEVELOPMENT IN MARYLAND AND ISRAEL. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5008 | Expense |
| Description | TRAVEL MISSIONS: MIDC ORGANIZES TRAVEL BETWEEN MARYLAND AND ISRAEL FOR COMMUNITY AND BUSINESS LEADERS. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 108224 | Expense |
| Revenue | 8249 | Revenue |
| Description | OTHER PROGRAM ACTIVITIES | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 108224 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 8249 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 211207 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 3 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADELE MYERS THE ASSOCIATED | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4107680681 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 WEST MOUTN ROYAL AVENUE | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21201 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| ABBA DAVID POLIAKOFF | ||||||
| CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 |
| ROB ROSENBAUM | ||||||
| VICE CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 |
| JIMMY BERG | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| HENRY BREM | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| OHAD COHEN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JEFF ELKIN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ROB FRIER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| SUZY GANZ | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| CHRISTIAN JOHANSSON | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| AVNER PARNES | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| BETH PERLMAN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JAY RADOV | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| BRUCE SHOLK | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| HANAN SIBEL | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| LYNN SHAPIRO SNYDER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| MARC TERRILL | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| BARRY BOGAGE | ||||||
| EXECUTIVE DIRECTOR | 40.00 | X | X | 122751 | 0 | 19243 |
| HENRY YAFFE | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| YONATHAN ZOHAR | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 122751 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 19243 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 316509 | AllOtherContributions |
| Total Contributions | 316509 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| SPONSORSHIPS | 900099 | 27517 | $27,517 | |
| MEMBERSHIP REVENUE | 900099 | 21280 | 21280 | |
| MISCELLANEOUS REVENUE | 900099 | 12049 | 12049 | |
| MARKET REACH AMERICA | 900099 | 1023 | 1023 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 61869 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3343 | TotalRevenueColumn |
| Exclusion | $3,343 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7708 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7708 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7708 | TotalRevenueColumn |
| Exclusion | $7,708 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 389429 | TotalRevenueColumn |
| Related Or Exempt Function Income | 34352 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $38,568 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142908 | Total |
| Program Services | 71454 | ProgramServices |
| Management And General | 71454 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51292 | Total |
| Program Services | 25646 | ProgramServices |
| Management And General | 25646 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2816 | Total |
| Program Services | 1408 | ProgramServices |
| Management And General | 1408 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9114 | Total |
| Program Services | 4557 | ProgramServices |
| Management And General | 4557 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11246 | Total |
| Program Services | 5623 | ProgramServices |
| Management And General | 5623 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3700 | Total |
| Management And General | 3700 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87866 | Total |
| Program Services | 87866 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1732 | Total |
| Management And General | 1732 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10208 | Total |
| Management And General | 10208 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11864 | Total |
| Program Services | 5932 | ProgramServices |
| Management And General | 5932 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9743 | Total |
| Management And General | 9743 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| MARKET REACH AMERICA | 8721 | 8721 | |
| MISCELLANEOUS | 5248 | 5248 | |
| MEMBERSHIPS | 470 | 470 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 356928 | Total |
| Program Services | 211207 | ProgramServices |
| Management And General | 145721 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 146386 | BOY |
| EOY | 178719 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4629 | BOY |
| EOY | 20632 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1901 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1901 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 345795 | BOY |
| EOY | 425420 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 496810 | BOY |
| EOY | 624771 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21378 | BOY |
| EOY | 2868 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33897 | BOY |
| EOY | 74179 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55275 | BOY |
| EOY | 77047 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 441535 | BOY |
| EOY | 547724 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 441535 | BOY |
| EOY | 547724 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 496810 | BOY |
| EOY | 624771 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 32501 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 73688 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 1 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 408558 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 412669 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 378336 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 356613 | CurrentTaxYearMinus1Year |
| Current Tax Year | 316509 | CurrentTaxYear |
| Total | 1872685 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 101767 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 71685 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 85311 | CurrentTaxYearMinus1Year |
| Current Tax Year | 61869 | CurrentTaxYear |
| Total | 327632 | Total |
Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 11436 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 11436 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 11436 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11436 | CurrentTaxYearMinus1Year |
| Current Tax Year | 11436 | CurrentTaxYear |
| Total | 57180 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 426994 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 525872 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 461457 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 453360 | CurrentTaxYearMinus1Year |
| Current Tax Year | 389814 | CurrentTaxYear |
| Total | 2257497 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 2257497 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2520 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3471 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3903 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2883 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3343 | CurrentTaxYear |
| Total | 16120 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2520 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3471 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3903 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2883 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3343 | CurrentTaxYear |
| Total | 16120 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 429514 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 529343 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 465360 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 456243 | CurrentTaxYearMinus1Year |
| Current Tax Year | 393157 | CurrentTaxYear |
| Total | 2273617 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99290 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99300 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00710 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00700 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1901 | OtherCostOrOtherBasis |
| Depreciation | 1901 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENT IN THE CONSOLIDATED INVESTMENT FUND | Description |
| Book Value | 425420 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 425420 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO THE ASSOCIATED: JEWISH COMMUNITY FEDERATION OF BALTIMORE, INC. | Description |
| Amount | $74,179 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 74179 | TotalOfAmounts |
| Total Revenue | 389429 | TotalRevenue |
| Total Expenses | 356928 | TotalExpenses |
| Excess Or Deficit For Year | 32501 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 73688 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 73688 | TotalAdjustments |
| Excess Or Deficit Per FS | 106189 | ExcessOrDeficitPerFS |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | 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 2008. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | MIDDLE EAST AND NORTH AFRICA | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 1 | NumberOfEmployees |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConducted |
| Specific Services Provided | TO PROMOTE ISRAELI COMPANIES TO DO BUSINESS WITH COMPANIES IN MD | SpecificServicesProvided |
| Total Expenditures | 52500 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 1 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 1 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 52500 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 52500 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| METHOD USED TO ACCCOUNT FOR EXPENDITURES: | SCHEDULE F, PART I, LINE 3: FAIR MARKET VALUE | |
| OTHER INFORMATION | MIDC PAID TRENDLINES, AN ISRAELI COMPANY AND AGENT FOR MIDC, A RETAINER OF $52,500 IN FY11 FOR SERVICES IN ISRAEL. THEY PROMOTE ISRAELI COMPANIES TO DO BUSINESS WITH COMPANIES IN MD. | SCHEDULE F, PART V |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NUMBER OF VOLUNTEERS | FORM 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. THEY ARE ALSO BUSINESS MENTORS WHO ADVISE AND HELP 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 8B | COMMITTEES DO NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 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 12 | THE ORGANIZATION IS IN THE PROCESS OF PUTTING A CONFLICT OF INTEREST POLICY INTO PLACE. | |
| 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 19 | THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE ORGANIZATION IS PUTTING TOGETHER A CONFLICT OF INTEREST POLICY AND WILL MAKE THAT POLICY AVAILABLE UPON REQUEST IN FUTURE YEARS ONCE IT IS ADOPTED. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 73,688. |
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