OCEAN CITY DEVELOPMENT CORPORATION
502 LARK LANE UNIT C, OCEAN CITY, MD 21842 www.ocdc.org

Total Revenue
$527,898
Total Expenses
$479,870
Net Assets
$2,502,294

Organizations Filed Purposes: REVITALIZE DOWNTOWN OCEAN CITY

FAADE IMPROVEMENT PROGRAM - THE OCDC IMPLEMENTS COMMERCIAL AND RESIDENTIAL FAADE IMPROVEMENT PROGRAMS TO PROVIDE FINANCIAL INCENTIVES TO DOWNTOWN PROPERTY OWNERS AND BUSINESSES TO RENOVATE THE EXTERIORS OF THEIR OLDER BUILDINGS. DURING THE PAST FISCAL YEAR, NUMEROUS BUILDINGS WERE RENOVATED USING THIS PROGRAM. FUNDING FOR THIS PROGRAM IS PROVIDED BY GRANTS FROM THE MARYLAND DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT.

GREEN BUILDING INITIATIVES PROGRAM - THE OCDC IMPLEMENTS ENERGY EFFICIENCY PROJECTS BY PROVIDING FINANCIAL INCENTIVES TO COMMERCIAL PROPERTIES. THIS PROGRAM ASSISTS IN ENABLING PROPERTY OWNERS AND BUSINESS OWNERS TO USE ENERGY STAR RATED ITEMS TO INCREASE THE ENERGY EFFICIENCY OF BUILDINGS AND REDUCE ENERGY CONSUMPTION. THE GREEN BUILDING INITIATIVES PROGRAM CONTINUES TO BE A MAJOR COMPONENT OF THE OCDC'S GOALS AND OBJECTIVES AND IT CONTINUES TO RECEIVE FUNDING FROM THE MARYLAND DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT.

BUSINESS ASSISTANCE PROGRAM - THE OCDC IMPLEMENTS THIS PROGRAM TO PROVIDE FINANCIAL INCENTIVES TO NEW AND EXPANDING DOWNTOWN BUSINESSES TO PROVIDE FIXED INTERIOR IMPROVEMENTS INTO THEIR OLDER BUILDINGS.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Stephanie MeehanSECRETARY0$0
Kevin GibbsPRESIDENT0$0
Igor ConevVICE PRESIDE0$0
Anna Dolle BushnellTREASURER0$0
Joe WilsonDIRECTOR0$0
Bob TorreyDIRECTOR0$0
Nick TekmenDIRECTOR0$0
Bill SiegDIRECTOR0$0
Danny RobinsonDIRECTOR0$0
Michael NolenDIRECTOR0$0
Patrick MclaughlinPAST PRESIDE0$0
Glenn IrwinEXECUTIVE DI0$0
G Hale HarrisonDIRECTOR0$0
Buddy DykesDIRECTOR0$0
Spiro BuasDIRECTOR0$0
Nancy BradfordDIRECTOR0$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013019349300736_public.xml