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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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Organizations Arts, Culture & Humanities Ocean City Development Corporation

Ocean City Development Corporation

Fiscal year ending 2023. Filed on March 8, 2024.

108 Dorchester Street
Ocean City, Maryland 21842

Ocean City Development Corporation (EIN: 52-2222484) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2023 IRS Form 990 filing, Ocean City Development Corporation, a 501(c)(3) charitable organization, reported compensation for 2 out of 9 total employees. Among the employees shown here, the average compensation is $70,573. The highest compensated employee at Ocean City Development Corporation is Glenn Irwin with fiscal year 2023 compensation of $111,145.

Revenue, expenses, and employee compensation

Revenue

$622,836

Expenses

$592,129

Employee compensation

$197,830
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Glenn Irwin
Former Executive Director
$111,145
$111,145 No related compNo other comp
Zachary Bankert
Executive Director
$30,000
$30,000 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Anna Dolle Bushnell
Treasurer
Bill Sieg
Director
Buddy Dykes
Director
Dennis Dare
Director
Igor Conev
Director
Joe Wilson
President
Michael Nolan
Director
Nancy Bradford
Director
Nick Tekmen
Director
Patrick McLaughlin
Vice President
Scott Savage
Director
Sonia Baker
Secretary

Mission Statement

THE OCEAN CITY DEVELOPMENT CORPORATION IS DEDICATED TO THE REVITALIZATION OF THE DOWNTOWN AREA OF OCEAN CITY, MARYLAND. PROGRAMS ARE DESIGNED BY THE ORGANIZATION TO FORMULATE AND IMPLEMENT LONG RANGE DEVELOPMENT STRATEGIES FOR COMMERCIAL, OFFICE, RESIDENTIAL, AND OTHER DEVELOPMENT IN THE DOWNTOWN AREA.

Revisions to this organization profile

December 19, 2025:
2025 Ocean City Development Corporation 990 filed
February 11, 2025:
2024 Ocean City Development Corporation 990 filed
March 8, 2024:
2023 Ocean City Development Corporation 990 filed

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