EAST BALTIMORE DEVELOPMENT INC
1731 EAST CHASE STREET, BALTIMORE, MD 21213 www.ebdi.org

Total Revenue
$8,629,342
Total Expenses
$10,637,769
Net Assets
$-5,435,244

Organizations Filed Purposes: EBDI'S MISSION IS TO SUCCESSFULLY ATTRACT MARKET-ORIENTED INVESTMENT, DEVELOPMENT, POPULATION AND ENTERPRISE TO THE EAST BALTIMORE COMMUNITY WHILE EQUIPPING COMMUNITY RESIDENTS WITH THE SKILLS, INFORMATION & RESOURCES THEY NEED TO BENEFIT FROM NEW HOUSING, EMPLOYMENT, BUSINESS AND EDUCATIONAL OPPORTUNITIES. EBDI'S EAST BALTIMORE INITIATIVE LEVERAGES THE WORLD-CLASS HEALTH AND RESEARCH FACILITIES THAT ANCHOR AND ECONOMICALLY POWER THE NEIGHBORHOOD, THE CITY AND THE REGION.EAST BALTIMORE DEVELOPMENT FOUNDATION, INC. (EBDF), A RELATED ORGANIZATION, WAS FORMED IN 2008 AS A NON-STOCK CORPORATION EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO SUPPORT AND CARRY OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF EBDI. EBDF IS A TYPE I SUPPORTING ORGANIZATION AS DEFINED BY THE IRS.

TO SUCCESSFULLY ATTRACT MARKET-ORIENTED INVESTMENT, DEVELOPMENT, POPULATION & ENTERPRISE TO THE EAST BALTIMORE COMMUNITY WHILE EQUIPPING COMMUNITY RESIDENTS WITH THE SKILLS, INFORMATION & RESOURCES THEY NEED TO BENEFIT FROM NEW HOUSING, EMPLOYMENT, BUSINESS & EDUCATIONAL OPPORTUNITIES.

EAST BALTIMORE DEVELOPMENT FOUNDATION, INC. (EBDF), A RELATED ORGANIZATION, WAS FORMED IN 2008 AS A NON-STOCK CORPORATION EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO SUPPORT AND CARRY OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF EBDI. EBDF IS A TYPE I SUPPORTING ORGANIZATION AS DEFINED BY THE IRS.EAST BALTIMORE DEVELOPMENT, INC. (EBDI) IS A 501[C][3] ESTABLISHED BY COMMUNITY, GOVERNMENT, INSTITUTIONAL AND PHILANTHROPIC PARTNERS TO REVITALIZE, RE-ENERGIZE AND REBUILD THE EAST BALTIMORE NEIGHBORHOOD BY:- LEVERAGING PROXIMITY TO THE JOHNS HOPKINS MEDICAL COMPLEX INTO A STRONGER ECONOMIC DRIVER FOR THE NEIGHBORHOOD - INCREASING INVESTMENT AND EMPLOYMENT IN MEDICAL AND LIFE SCIENCES INDUSTRIES BUT ALSO CAPTURING A GREATER COMMUNITY CONTRIBUTION FROM STUDENTS, EMPLOYEES, FACULTY AND VISITORS.- MAKING THE DEMOLITION, CONSTRUCTION AND DEVELOPMENT ACTIVITIES UNDERTAKEN AS PART OF THIS INITIATIVE PRODUCE SIGNIFICANT ECONOMIC BENEFIT TO RESIDENTS AND BUSINESSES OF EAST BALTIMORE WHILE GROWING THE LIFE SCIENCES INDUSTRY OF BALTIMORE. - STRENGTHENING AND REVITALIZING GREATER MIDDLE EAST BALTIMORE WITH INSTITUTIONS AND AMENITIES THAT WILL ENCOURAGE FORMER RESIDENTS TO RETURN AND NEW RESIDENTS TO SETTLE IN THIS COMMUNITY.- REPLACING AGING, OBSOLETE, LEAD-FILLED HOUSES WITH NEW UNITS OF MIXED INCOME RENTAL AND FOR SALE HOUSING THAT MEET THE NEEDS OF TODAY'S FAMILIES.- AND IN DOING THESE THINGS, ENSURING THAT THOSE FAMILIES DIRECTLY AFFECTED BY THE REDEVELOPMENT BE TREATED MORE FAIRLY, MORE SUPPORTIVELY AND MORE RESPECTFULLY THAN HAS YET BEEN THE CASE IN PROJECTS OF THIS NATURE ACROSS THE COUNTRY.EBDI IS SUPPORTED BY PUBLIC AND PRIVATE PARTNERS, INCLUDING THE U.S. GOVERNMENT, THE STATE OF MARYLAND, THE CITY OF BALTIMORE, THE ANNIE E. CASEY FOUNDATION, JOHNS HOPKINS INSTITUTIONS, THE HARRY AND JEANETTE WEINBERG FOUNDATION, THE ATLANTIC PHILANTHROPIES AND OTHERS. WHEN COMPLETED, THE PROJECT WILL INCLUDE APPROXIMATELY 2,100 UNITS OF MIXED INCOME HOMEOWNERSHIP AND RENTAL HOUSING UNITS, 1.7 MILLION SQUARE FEET OF LIFE SCIENCES RESEARCH AND OFFICE SPACE, A NEW 7 ACRE COMMUNITY LEARNING CAMPUS WITH AN EARLY CHILDHOOD CENTER, A PUBLIC K- 8 ELEMENTARY SCHOOL, FRESH FOOD STORES AND OTHER NEIGHBORHOOD-SERVING RETAIL AMENITIES, GREEN SPACES, AND A NEW COMMUNITY LINEAR PARK.DEVELOPMENT AND CONSTRUCTION ACTIVITIES ALL INCLUDE A COMMITMENT TO SUBSTANTIVE PARTICIPATION BY LOCAL, MINORITY OWNED AND WOMEN OWNED ENTERPRISES WITH OVER $437 MILLION IN CONSTRUCTION CONTRACTS LET TO SUCH FIRMS TO-DATE, AND THE LOCAL EAST BALTIMORE WORK FORCE IS GIVEN PRIORITY ACCESS TO THE BUSINESS AND JOB OPPORTUNITIES CREATED IN THE PROJECT AREA. THE COMPLETED REVITALIZATION EFFORT IS PROJECTED TO GENERATE $1.8 BILLION OF PUBLIC/PRIVATE INVESTMENT IN THE COMMUNITY OVER 20 YEARS, WITH $1.1 BILLION INVESTED TO-DATE.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Cheryl WashingtonCEO50$223,980
Karen JohnsonSR DIR OF RE AND COM. DEV.45$190,520
Todd ScottBOARD MEMEBER1$0
Colin TarbertBOARD MEMBER1$0
Robert StokesBOARD MEMBER1$0
Shannon SneedBOARD MEMBER1$0
Shelonda StokesBOARD MEMBER1$0
Lt Gov Honorable Boyd K RutherfordBOARD MEMBER1$0
Abe RosenthalBOARD MEMBER1$0
Todd StokesBOARD MEMBER1$0
Anthony KingTREASURER1$0
Gavin JohnsonBOARD MEMBER1$0
Carolyn MozellBOARD MEMBER1$0
Lisa HamiltonBOARD MEMBER1$0
Jeanne HitchcockCHAIR1$0
Anthony HawkinsBOARD MEMBER1$0
Ronald J DanielsBOARD MEMBER1$0
Pamela JordanBOARD MEMBER1$0
Talmadge BranchBOARD MEMBER1$0
Tomi HiersBOARD MEMBER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202131309349301973_public.xml