Maryland Health-Care Product Development Corporation
Donations deductibleMaryland Health-Care Product Development Corporation's network
3 peoplei3 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 3 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Edgar C Harrell PHD (also filed as Edgar C Harrell) | Director | 2018 | 8 yrs |
| Michelle Ferrone | Director | 2023 | 3 yrs |
| Steven L Meltzer | Director | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
3 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Kelly Schulz | CEO (From 11/22) | 2023 |
| Mark Grant | TCM Chief Financial Officer | since 2018 |
| Martin Rosendale | CEO (Until 10/22) | since 2021 |
Pay and hours
year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Steven L Meltzer | Director | 1 | $0 | ||
| Michelle Ferrone | Director | 1 | $0 | $188k | $21k |
| Kelly Schulz | CEO | 1.5 | $0 | $264k | $24k |
About
- Legal name
- Maryland Health-Care Product Development Corporation
- EIN
- 521900080
- Address
- 9808 Medical Center Dr Unit 450, Rockville, MD, 20850-4898
- State
- Maryland
- Mission
- To support the commercialization of existing technologies and to create viable new health care products and businesses in maryland and the surrounding region. (as filed on the Form 990)
- Activity (NTEE)
- S03 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 6 (IRS master file code)
- Formed
- 1994
- Principal officer
- Kelly Schulz (as named on the Form 990)
- IRS ruling date
- 1 January 1997
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2023
- IRS Publication 78
- SOUNK (contributions deductible)
Most connected
Related organisations (Schedule R)
RelatedTO PROMOTE ITS MEMBERS IN THE ADVANCED TECHNOLOGY AND BIOTECH INDUSTRIESTechnology Council of Maryland IncRelatedTO GENERATE STEM RELATED PROGRAMS AND EDUCATIONAL MATERIALSTechnology Council of Maryland Foundation Inc
Longest observed on the filings
≥8years on the filingsEdgar C Harrell PHD
≥8years on the filingsSteven L Meltzer
≥3years on the filingsMichelle Ferrone
Latest return
year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.- Total assets
- $2.8m
- Total liabilities
- $34k
- Net assets or fund balances
- $2.7m
- Contributions and grants received
- $0
- Program service revenue
- $0
- Employees
- 0
- Volunteers
- 3