YORK CORRIDOR BUSINESS IMPROVEMENT DISTRICT MANAGEMENT AUTHORITY INC

EIN: 991756769 501(c)(3) Community Improvement

BALTIMORE, MD

Total Revenue
$653,667
Total Expenses
$466,097
Total Assets
$217,518
Net Assets
$184,714
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
MD
Principal Officer
SAMUEL STOREY
Phone
4102044890
Tax Period
2024-07-01 to 2025-06-30

YORK CORRIDOR BUSINESS IMPROVEMENT DISTRICT MANAGEMENT AUTHORITY INC, founded in 2024, is a small nonprofit in the Community Improvement sector that reported $654K in total revenue in fiscal year 2024. The organization ran a surplus of $188K, a strong 29% operating margin.

Mission

We are working towards a clean, vibrant, and hospitable York Road-where businesses and institutions thrive, commercial properties build value, residents enjoy the benefits of a thriving community, and visitors return again and again to explore all we have to offer.

Program Service Accomplishments

Program 1
Expenses: $8,343 Revenue: $70,549

Public safety initiatives that prevent and reduce crime through de-escalation and peer outreach to individuals in crisis; safety patrols and presence in priority zones; resource connections for...

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Public safety initiatives that prevent and reduce crime through de-escalation and peer outreach to individuals in crisis; safety patrols and presence in priority zones; resource connections for housing, employment, and recovery; community education on trauma and violence prevention; and through the use of public art to shift perceptions, elevate neighborhood identity, and create safer, more vibrant public spaces at high-visibility intersections along the corridor.

Program 2
Expenses: $201,460 Revenue: $99,289

Cleaning, Greening and Beautification initiatives that include converting vacant lots into community-based sites for public use with new art installations, nature play spaces, and platforms for...

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Cleaning, Greening and Beautification initiatives that include converting vacant lots into community-based sites for public use with new art installations, nature play spaces, and platforms for events; and increased cleaning and landscaping throughout the corridor.

Program 3
Expenses: $132,072 Revenue: $66,864

Economic development initiatives that fund interior and exterior improvements for small businesses and activate vacant storefronts and provide incentives for new businesses to locate to the corridor.

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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 $469,028
Program Service Revenue $184,639
Investment Income $0
Other Revenue $0
TOTAL REVENUE $653,667

Expense Breakdown

Grants Paid $0
Salaries & Benefits $144,807
Fundraising Expenses $5,525
Program Expenses $379,287
Other Expenses $321,290
TOTAL EXPENSES $466,097

Year-over-Year Comparison

2024 2023 Change
Revenue $653,667 N/A N/A
Expenses $466,097 $2,856 +162.2%
Net Income $187,570 $-2,856 -66.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
12
Volunteers
10

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
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew Schuster President 2
Officer Director
$0 $0 $0
Trudy Mcnair Vice President 2
Officer Director
$0 $0 $0
Celeste Hall Secretary 2
Officer Director
$0 $0 $0
Gurminder Singh Treasurer 2
Officer Director
$0 $0 $0
Gia Grier McGinnis Director 2
Director
$0 $0 $0
Yuki Clarke Director 2
Director
$0 $0 $0
Mark Conway Director 2
Director
$0 $0 $0
Stephanie Geller Director 2
Director
$0 $0 $0
Antonio Foster Director 2
Director
$0 $0 $0
Phyllis Gilmore Director 2
Director
$0 $0 $0
Miles Maguire Director 2
Director
$0 $0 $0
Shane Carpenter Director 2
Director
$0 $0 $0
Jo Chang Director 2
Director
$0 $0 $0
Jonathan Fishman Director 2
Director
$0 $0 $0
Sam Storey Executive Director 40
Officer
$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
2025 $653,667 $466,097 $217,518 $187,570
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