Fiscal year ending 2022. Filed on April 6, 2023.
7 Saint Paul Street 940
Baltimore, Maryland 21202
Maryland Economic Development Corporation (EIN: 52-1376562) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Maryland Economic Development Corporation, a 501(c)(4) civic league or social welfare organization, reported compensation for 6 out of 14 total employees. Among the employees shown here, the average compensation is $200,992. The highest compensated employee at Maryland Economic Development Corporation is Robert C Brennan with fiscal year 2022 compensation of $322,697.
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Employee compensation
MEDCO'S PRIMARY PURPOSE IS TO EXPAND PRODUCTIVE EMPLOYMENT AND THE STATE'S ECONOMY AND TAX BASE THROUGH THE DEVELOPMENT OF CERTAIN VACANT OR UNDER-UTILIZED INDUSTRIAL SITES AND FACILITIES AS WELL AS OTHER ECONOMIC RESOURCES. IN FULFILLING ITS PURPOSE, MEDCO PROVIDES FACILITIES AND FINANCING OF FACILITIES TO BUSINESSES AT FAVORABLE RATES. MEDCO ALSO PROVIDES MANAGEMENT AND CONSULTING EXPERTISE.
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