Maryland Capital Enterprises Inc
Donations deductibleRevenue
$5m
year to 30 September 2025
Expenses
$2.3m
year to 30 September 2025
Total assets
$23.5m
$3.3m liabilities
Net assets
$20.2m
assets less liabilities
Directors and trustees
12
8.4y av
Staff
14
employees, year to 30 September 2025
Chair observed
≥7 yrs
Dan Keunnen
Left since last filing
0
no seats appear to have opened
Maryland Capital Enterprises Inc's network
12 people7 organisationsi12 people and 7 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (12). Violet dotted lines (7) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
12 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 in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 12 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 |
|---|---|---|---|
| Dan Keunnen Chair | Board Chairman | 2018 | 8 yrs |
| Carlton Stanley | Director | 2018 | 8 yrs |
| Debbie Abbott | Director | 2018 | 8 yrs |
| Doris Mason | Director | 2018 | 8 yrs |
| J Michael Cottingham | Director | 2018 | 8 yrs |
| John Hickman | Director | 2018 | 8 yrs |
| Kelly REW | Company secretary | 2018 | 8 yrs |
| Lamonte Cooke | Director | 2018 | 8 yrs |
| Meredith Mears | Director | 2018 | 8 yrs |
| Oliver Waters | Treasurer | 2018 | 8 yrs |
| Rob Davis CPA | Director | 2018 | 8 yrs |
| Ronald Molock | Director | 2018 | 8 yrs |
Officers and senior leadership
2 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 |
|---|---|---|
| George Koste | Prior Executive Director | 2018 |
| Maurice Ames | Executive Director | since 2018 |
Pay and hours
year to 30 September 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 |
|---|---|---|---|---|---|
| Maurice Ames | Executive Director | 40 | $88k | ||
| Dan Keunnen | Board Chairman | 2 | $0 | ||
| Oliver Waters | Treasurer | 2 | $0 | ||
| Kelly Rew | Secretary | 2 | $0 | ||
| Debbie Abbott | Director | 2 | $0 | ||
| John Hickman | Director | 2 | $0 | ||
| Lamonte Cooke | Director | 2 | $0 | ||
| Rob Davis CPA | Director | 2 | $0 | ||
| J Michael Cottingham | Director | 2 | $0 | ||
| Meredith Mears | Director | 2 | $0 | ||
| Ronald Molock | Director | 2 | $0 | ||
| Carlton Stanley | Director | 2 | $0 | ||
| Doris Mason | Director | 2 | $0 |
About
- Legal name
- Maryland Capital Enterprises Inc
- EIN
- 522113016
- Address
- 314 Civic Ave, Salisbury, MD, 21804-5230
- State
- Maryland
- Mission
- We empower businesses to grow,create jobs and generate wealth on maryland's eastern shore and across the state. (as filed on the Form 990)
- Activity (NTEE)
- P51 Human services
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Human Services
- Size band
- 8 (IRS master file code)
- Formed
- 1998
- Principal officer
- Maurice Ames (as named on the Form 990)
- IRS ruling date
- 1 November 1998
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 8, latest 2025
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsDan Keunnen
≥8years on the filingsCarlton Stanley
≥8years on the filingsDebbie Abbott
≥8years on the filingsDoris Mason
Latest return
year to 30 September 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 September 2025. US dollars, as filed.- Total assets
- $23.5m
- Total liabilities
- $3.3m
- Net assets or fund balances
- $20.2m
- Contributions and grants received
- $3.9m
- Program service revenue
- $117k
- Employees
- 14
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $6.1m | $1.9m | $4.1m |
As filed on the IRS Form 990. US dollars.