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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Employees North Arundel Development Corporation Karen E Olscamp

Karen E Olscamp

Former

Former CEO and President, Umbwmc at North Arundel Development Corporation

Fiscal year ended June 30, 2022. Published on January 25, 2026.

$413,880
2022

Total compensation

Karen E Olscamp has been listed as an employee of North Arundel Development Corporation in Form 990 filings since at least fiscal year 2016. Total compensation for Karen E Olscamp has decreased by 44.9% from 2016 to 2022.

Annual compensation details

$413,880
-51.2%
Former CEO and President, Umbwmc
2022
$403k related
--
$12k other
--
$848,278
+3.2%
CEO and President, Umbwmc (Ended 01/21)
2021
$836k related
44 hrs/wk
$13k other
--

Total compensation by year

Compare the compensation of Karen E Olscamp to:

2022

Other employees at North Arundel Development Corporation

Kathleen C McCollum
CEO and President, Umbwmc
$804,050
$0 from org$762,961 from related$41,089 other
Alfred A Pietsch
Treasurer
$536,767
$0 from org$504,317 from related$32,450 other
Jason Carter
Senior Vice President and COO, Umbwmc
$173,503
$0 from org$154,781 from related$18,722 other
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Revisions to this profile

January 25, 2026:
2022 North Arundel Development Corporation 990 published
January 25, 2026:
2021 North Arundel Development Corporation 990 published
January 24, 2026:
2020 North Arundel Development Corporation 990 published

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$821,852
-0.5%
President
2020
$810k related
44 hrs/wk
$13k other
--
$825,568
-80.7%
President
2019
$813k related
44 hrs/wk
$14k other
--
$4,287,021
+442.9%
President
2018
$4.3M related
45 hrs/wk
$12k other
--
$789,620
+5.1%
President
2017
$779k related
53 hrs/wk
$11k other
--
$751,327
President
2016
$741k related
49 hrs/wk
$11k other
--

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