CHESAPEAKE BAY INDUSTRIES INC

EIN: 521377044 501(c)(3) Employment

EASTON, MD

Total Revenue
$871,731
Total Expenses
$559,616
Total Assets
$978,710
Net Assets
$-769,455
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MD
Principal Officer
LISA KORELL
Phone
4108222644
Tax Period
2024-07-01 to 2025-06-30

CHESAPEAKE BAY INDUSTRIES INC, founded in 1985, is a small nonprofit in the Employment sector that reported $872K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $312K, a strong 36% operating margin.

Mission

THE ENTITY OPERATES A SHELTERED WORKSHOP FOR HANDICAPPED CLIENTELE AND AN EVALUATION CENTER FOR LOCAL ORGANIZATIONS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $27,558
Program Service Revenue $107,673
Investment Income $31,178
Other Revenue $705,322
TOTAL REVENUE $871,731

Expense Breakdown

Grants Paid $0
Salaries & Benefits $181,346
Fundraising Expenses $0
Program Expenses $456,850
Other Expenses $378,270
TOTAL EXPENSES $559,616

Year-over-Year Comparison

2024 2023 Change
Revenue $871,731 $725,019 +0.2%
Expenses $559,616 $574,656 0.0%
Net Income $312,115 $150,363 +1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
42
Volunteers
N/A

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
3
$190,168
Total Directors
12
$129,274
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY NEVIASER DIRECTOR 3.00
Director
$0 $0 $0
WALLER HAIRSTON DIRECTOR 3.00
Director
$0 $0 $0
JESSE HAMMOCK CHAIR 3.00
Director
$0 $0 $0
J ANDREW SMITH DIRECTOR 3.00
Director
$0 $0 $0
PATRICIA D STEIN DIRECTOR 3.00
Director
$0 $0 $0
DEBORAH COLLISON VICE CHAIR 3.00
Officer Director
$0 $0 $0
BRYAN WIELAND DIRECTOR 3.00
Director
$0 $0 $0
SETH BEATTY DIRECTOR 3.00
Director
$0 $0 $0
JOAN G MCGARRY DIRECTOR 3.00
Director
$0 $0 $0
JASON C PRICE DIRECTOR 3.00
Director
$0 $0 $0
DONNA HARRISON PAST PRESIDENT 10.00
Director
$0 $0 $129,274
MANDY OWEN DIRECTOR 3.00
Director
$0 $0 $0
EDWARD PHILLIPS ACCOUNTING MANAGER 10.00
Officer
$0 $0 $89,386
LISA KORELL PRESIDENT 10.00
Officer
$0 $0 $100,782
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
2025 $871,731 $559,616 $978,710 $312,115
2024 $725,019 $574,656 $676,393 $150,363
2023 $398,917 $599,188 $468,852 $-200,271
2022 $282,198 $510,843 $671,800 $-228,645
2021 $786,841 $545,259 $1,137,356 $241,582
2020 $1,014,114 $787,962 $932,223 $226,152
2019 $879,713 $827,886 $615,744 $51,827
2018 $806,856 $822,404 $559,401 $-15,548
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHESAPEAKE BAY INDUSTRIES INC with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.