North County Corporation

EIN: 521591355

Glen Burnie, MD

Total Revenue
$864,831
Total Expenses
N/A
Total Assets
$16,203,068
Net Assets
$15,977,802
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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
1988
Legal Domicile
MD
Phone
4103281376
Tax Period
2023-07-01 to 2024-06-30

North County Corporation, founded in 1988, is a small nonprofit that reported $865K in total revenue in fiscal year 2023. Revenue surged 259% from the prior year, signaling strong growth momentum.

Mission

REAL ESTATE HOLDING COMPANY FOR BALTIMORE WASHINGTON MEDICAL CENTER, INC., AN IRC SECTION 501(c)(3) ORGANIZATION.

Program Service Accomplishments

Program 1

REAL ESTATE HOLDING COMPANY FOR BALTIMORE WASHINGTON MEDICAL CENTER, INC., AN IRC SECTION 501(c)(3) ORGANIZATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $864,831
TOTAL REVENUE $864,831

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $864,831 $240,671 +2.6%
Expenses N/A N/A N/A
Net Income N/A $240,671 N/A
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
2
Independent Members
N/A
Employees
N/A
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
$1,748,466
Total Directors
3
$1,748,466
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALFRED A PIETSCH TREASURER 1.0
Officer Director
$0 $35,846 $500,182
JASON CARTER SVP and COO (end 11/2023) 1.0
Officer Director
$0 $73,601 $448,895
KATHLEEN C MCCOLLUM CEO AND PRESIDENT, UMBWMC 1.0
Officer Director
$0 $41,863 $799,389
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 No data No data No data No data
2024 $864,831 No data $16,203,068 No data
2023 $240,671 No data $17,171,160 No data
2022 $730,286 No data $16,859,383 No data
2021 $445,611 No data $17,082,368 No data
2020 $250,981 No data $17,637,942 No data
2019 $185,441 No data $17,891,974 No data
2018 $-44,252 No data $18,179,421 No data
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