GREATER BALTIMORE COMMITTEE INC

EIN: 520645650

BALTIMORE, MD

Total Revenue
$5,126,468
Total Expenses
$5,148,050
Total Assets
$7,629,021
Net Assets
$5,787,805
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
MD
Principal Officer
MARK A THOMAS
Phone
4107272820
Tax Period
2024-01-01 to 2024-12-31

GREATER BALTIMORE COMMITTEE INC, founded in 1955, is a community nonprofit that reported $5.1M in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum.

Mission

To provide a strong, unified and effective voice for the business community in the functional area of urban affairs and public policy, business services and information, and economic development, thereby promoting the Baltimore Region as an outstanding place to live, work and do business.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,888,214
Program Service Revenue $43,980
Investment Income $184,341
Other Revenue $9,933
TOTAL REVENUE $5,126,468

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,887,662
Fundraising Expenses $331,268
Program Expenses $3,793,226
Other Expenses $2,260,388
TOTAL EXPENSES $5,148,050

Year-over-Year Comparison

2024 2023 Change
Revenue $5,126,468 $3,019,291 +0.7%
Expenses $5,148,050 $3,791,208 +0.4%
Net Income $-21,582 $-771,917 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
102
Independent Members
102
Employees
27
Volunteers
102

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$662,443
Total Directors
101
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark A Thomas President & CEO 40.00
Officer
$485,198 $14,981 $500,179
Jennifer Vey Strategy Officer 40.00
$208,281 $0 $208,281
Timothy Evans VP Development 40.00
$158,778 $10,618 $169,396
Nekoro Gomes VP Communication 40.00
$156,954 $11,971 $168,925
Cristina Lopez COO 40.00
Officer
$153,461 $1,110 $154,571
Pothik Chatterjee Dir Reg Innov 40.00
$124,423 $7,838 $132,261
Whitney Johnson Dir Partnerships 40.00
$93,588 $20,781 $114,369
Sharon M Schreiber COO 40.00
Officer
$7,659 $34 $7,693
Mohan Suntha Chair 1.00
Officer Director
$0 $0 $0
Brian Pieninck Co-Vice Chair 1.00
Officer Director
$0 $0 $0
Janet Currie Secretary 1.00
Officer Director
$0 $0 $0
Bill Mccarthy Treasurer 1.00
Officer Director
$0 $0 $0
Christine Aspell Co-Vice Chair 1.00
Officer Director
$0 $0 $0
Robert C Embry Jr Director 0.50
Director
$0 $0 $0
Arnold Williams Director 0.50
Director
$0 $0 $0
Glendowlyn Thames Director 0.50
Director
$0 $0 $0
Greg Farno Director 0.50
Director
$0 $0 $0
Amber Wendland Director 0.50
Director
$0 $0 $0
Kris Hoellen Director 0.50
Director
$0 $0 $0
Jennifer Curry Director 0.50
Director
$0 $0 $0
Jon M Laria Director 0.50
Director
$0 $0 $0
Shanaysha Sauls Director 0.50
Director
$0 $0 $0
Kerry Watson Director 0.50
Director
$0 $0 $0
Sashi Brown Director 0.50
Director
$0 $0 $0
Trif Alatzas Director 0.50
Director
$0 $0 $0
Bob Gehrman Director 0.50
Director
$0 $0 $0
Robert L Wallace Director 0.50
Director
$0 $0 $0
Thomas S Bozzuto Director 0.50
Director
$0 $0 $0
Erik Howard Director 0.50
Director
$0 $0 $0
Frank Remesch Director 0.50
Director
$0 $0 $0
Mark Isakson Director 0.50
Director
$0 $0 $0
Will Englehart Director 0.50
Director
$0 $0 $0
Jonathan Casella Director 0.50
Director
$0 $0 $0
Sandra Kurtinitis Director 0.50
Director
$0 $0 $0
James McHugh Director 0.50
Director
$0 $0 $0
Anthony Jenkins Director 0.50
Director
$0 $0 $0
Stephen E Budorick Director 0.50
Director
$0 $0 $0
Michael Bronfein Director 0.50
Director
$0 $0 $0
Court Jenkins Director 0.50
Director
$0 $0 $0
Ellen Dew Director 0.50
Director
$0 $0 $0
Dr Sheridan Todd Yeary Director 0.50
Director
$0 $0 $0
Bruce Jurist Director 0.50
Director
$0 $0 $0
Aileen Eskildsen Director 0.50
Director
$0 $0 $0
Mary Kate Federico Director 0.50
Director
$0 $0 $0
R Andrew Bauer Director 0.50
Director
$0 $0 $0
Joe Durham Director 0.50
Director
$0 $0 $0
Gary Attman Director 0.50
Director
$0 $0 $0
Barry Rosen Director 0.50
Director
$0 $0 $0
Kent Devereaux Director 0.50
Director
$0 $0 $0
Daria Willis Director 0.50
Director
$0 $0 $0
Greg Fitchitt Director 0.50
Director
$0 $0 $0
Ron Daniels Director 0.50
Director
$0 $0 $0
Israel Roche Director 0.50
Director
$0 $0 $0
Francis X Kelly III Director 0.50
Director
$0 $0 $0
Rick Abbruzzese Director 0.50
Director
$0 $0 $0
Neil Meltzer Director 0.50
Director
$0 $0 $0
Terrence M Sawyer Director 0.50
Director
$0 $0 $0
Jonathan Schwartz Director 0.50
Director
$0 $0 $0
Cecelia McCormick Director 0.50
Director
$0 $0 $0
Brendan Foley Director 0.50
Director
$0 $0 $0
Bradley S Chambers Director 0.50
Director
$0 $0 $0
David Maine Director 0.50
Director
$0 $0 $0
Nancy Greene Director 0.50
Director
$0 $0 $0
Todd Marks Director 0.50
Director
$0 $0 $0
Jeff Lubin Director 0.50
Director
$0 $0 $0
David Wilson Director 0.50
Director
$0 $0 $0
John Racanelli Director 0.50
Director
$0 $0 $0
Kraig Long Director 0.50
Director
$0 $0 $0
Kimberly Prescott Director 0.50
Director
$0 $0 $0
Sam Stappler Director 0.50
Director
$0 $0 $0
Bob Cawley Director 0.50
Director
$0 $0 $0
Dominic Dubois Director 0.50
Director
$0 $0 $0
Ellen Fish Director 0.50
Director
$0 $0 $0
Jason St John Director 0.50
Director
$0 $0 $0
Mark K Joseph Director 0.50
Director
$0 $0 $0
George Ofori-Boadu Director 0.50
Director
$0 $0 $0
William H Moore Director 0.50
Director
$0 $0 $0
Andrew Roud Director 0.50
Director
$0 $0 $0
Harley Flack Director 0.50
Director
$0 $0 $0
Richard J Himelfarb Director 0.50
Director
$0 $0 $0
Lisa Kirkwood Director 0.50
Director
$0 $0 $0
Jeffrey Hargrave Director 0.50
Director
$0 $0 $0
Mark Ginsberg Director 0.50
Director
$0 $0 $0
Aaron Tomarchio Director 0.50
Director
$0 $0 $0
Kevin A Plank Director 0.50
Director
$0 $0 $0
Kurt Schmoke Director 0.50
Director
$0 $0 $0
Dan Joerres Director 0.50
Director
$0 $0 $0
Derek Lynch Director 0.50
Director
$0 $0 $0
Martin T Fletcher Director 0.50
Director
$0 $0 $0
Gregg Bernstein Director 0.50
Director
$0 $0 $0
Chrissy Thornton Director 0.50
Director
$0 $0 $0
Alexander F Smith Director 0.50
Director
$0 $0 $0
Michael D Hankin Director 0.50
Director
$0 $0 $0
Calvin Butler Director 0.50
Director
$0 $0 $0
J MacGregor Tisdale Director 0.50
Director
$0 $0 $0
Rachel Garbow Monroe Director 0.50
Director
$0 $0 $0
Kevin Sowers Director 0.50
Director
$0 $0 $0
Tim Berry Director 0.50
Director
$0 $0 $0
Augie Chiasera Director 0.50
Director
$0 $0 $0
David Bramble Director 0.50
Director
$0 $0 $0
Scott Dorsey Director 0.50
Director
$0 $0 $0
Laura Gamble Director 0.50
Director
$0 $0 $0
Steph Jackson Director 0.50
Director
$0 $0 $0
Jay Turakhia Director 0.50
Director
$0 $0 $0
Bruce Jarrell Director 0.50
Director
$0 $0 $0
Jay Perman Director 0.50
Director
$0 $0 $0
Gregory A Cross Director 0.50
Director
$0 $0 $0
Joe Askew Director 0.50
Director
$0 $0 $0
Tim Regan Director 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $5,126,468 $5,148,050 $7,629,021 $-21,582
2023 $3,019,291 $3,791,208 $7,176,538 $-771,917
2022 $4,439,254 $2,681,315 $7,617,358 $1,757,939
2021 $2,458,948 $2,240,778 $5,326,017 $218,170
2020 $2,433,814 $2,427,590 $4,775,452 $6,224
2019 $2,490,101 $2,339,526 $4,168,729 $150,575
2018 $2,585,797 $2,308,066 $3,595,166 $277,731
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