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North Arundel Development Corporation

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Summary charts: organization finances over time

Revenue
$351k (2023)

Expenses
$0 (2023)

Total Assets
$6.66M (2023)

Total Liabilities
$6.44M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$350,633
Expenses
$0
Net Income
$350,633
Net Assets
$228,676
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $350,633
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,663,714
Total Liabilities $6,435,038
Net Assets $228,676
Compensation
Key Employees and Officers Compensation Related Other
Alfred A Pietsch (Treasurer) $0 $582,383 $33,918
Jason C Carter (Svp And Coo, Umbwmc) $0 $415,178 $72,367
Kathleen C Mccollum (Ceo And President, Umbwmc) $0 $894,991 $38,633

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$376,401
Expenses
$0
Net Income
$376,401
Net Assets
$396,610
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $376,401
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,504,328
Total Liabilities $6,107,718
Net Assets $396,610
Compensation
Key Employees and Officers Compensation Related Other
Alfred A Pietsch (Treasurer) $0 $504,317 $32,450
Jason Carter (Svp And Coo, Umbwmc) $0 $154,781 $18,722
Kathleen C Mccollum (Ceo And President, Umbwmc) $0 $762,961 $41,089
Karen E Olscamp (Former Ceo And President, Umbwmc) $0 $402,761 $11,119

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$491,281
Expenses
$0
Net Income
$491,281
Net Assets
$1,806,697
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $491,281
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,050,934
Total Liabilities $5,244,237
Net Assets $1,806,697
Compensation
Key Employees and Officers Compensation Related Other
Alfred A Pietsch (Treasurer) $0 $482,480 $32,351
Karen E Olscamp (Ceo And President, Umbwmc (Ended 01/21)) $0 $835,592 $12,686
Kathleen C Mccollum (Ceo And President, Umbwmc) $0 $594,953 $41,303

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$372,127
Expenses
$0
Net Income
$372,127
Net Assets
$1,829,119
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $372,127
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,894,023
Total Liabilities $5,064,904
Net Assets $1,829,119
Compensation
Key Employees and Officers Compensation Related Other
Alfred A Pietsch (Treasurer) $0 $486,390 $31,904
Karen E Olscamp (President) $0 $809,396 $12,456
Kathleen C Mccollum (Svp And Coo) $0 $600,168 $40,141

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$216,172
Expenses
$0
Net Income
$216,172
Net Assets
$1,975,257
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $216,172
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,676,052
Total Liabilities $4,700,795
Net Assets $1,975,257
Compensation
Key Employees and Officers Compensation Related Other
Kathleen C Mccollum (Svp And Coo) $0 $601,061 $41,764
Karen E Olscamp (President) $0 $812,063 $13,505
Alfred A Pietsch (Treasurer) $0 $490,731 $31,982

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$218,675
Expenses
$0
Net Income
$218,675
Net Assets
$5,118,884
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $218,675
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,053,775
Total Liabilities $4,934,891
Net Assets $5,118,884
Compensation
Key Employees and Officers Compensation Related Other
Karen E Olscamp (President) $0 $4,275,451 $11,570
Alfred A Pietsch (Treasurer) $0 $2,204,222 $21,008
Kathleen C Mccollum (Svp And Coo) $0 $484,859 $26,863

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$196,779
Expenses
$0
Net Income
$196,779
Net Assets
$4,900,209
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $196,779
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,199,632
Total Liabilities $4,299,423
Net Assets $4,900,209
Compensation
Key Employees and Officers Compensation Related Other
Karen E Olscamp (President) $0 $778,638 $10,982
Kathleen C Mccollum (Svp & Coo) $0 $496,467 $27,259
Alfred A Pietsch (Treasurer) $0 $459,609 $26,953

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$116,774
Expenses
$0
Net Income
$116,774
Net Assets
$4,703,430
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $116,774
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,263,040
Total Liabilities $559,610
Net Assets $4,703,430
Compensation
Key Employees and Officers Compensation Related Other
Karen E Olscamp (President) $0 $740,471 $10,856
Kathleen C Mccollum (Svp & Coo) $0 $471,156 $26,555
Alfred A Pietsch (Treasurer) $0 $451,682 $26,883

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$93,184
Expenses
$0
Net Income
$93,184
Net Assets
$4,586,656
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $93,184
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,080,636
Total Liabilities $493,980
Net Assets $4,586,656
Compensation
Key Employees and Officers Compensation Related Other
Karen E Olscamp (President) $0 $722,823 $10,581
Kathleen C Mccollum (Svp & Coo) $0 $468,777 $25,595
Alfred A Pietsch (Treasurer) $0 $436,506 $25,595

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$105,646
Expenses
$0
Net Income
-$105,646
Net Assets
$4,493,472
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$105,646
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,747,581
Total Liabilities $254,109
Net Assets $4,493,472
Compensation
Key Employees and Officers Compensation Related Other
Karen E Olscamp (President) $0 $578,747 $10,352
Alfred A Pietsch (Treasurer) $0 $344,629 $24,883
Kathleen C Mccollum (Vice President) $0 $310,724 $24,860

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$106,400
Expenses
$0
Net Income
-$106,400
Net Assets
$4,599,118
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$106,400
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,428,058
Total Liabilities $1,828,940
Net Assets $4,599,118

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$276,664
Expenses
$0
Net Income
-$276,664
Net Assets
$4,705,518
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$276,664
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,143,588
Total Liabilities $1,438,070
Net Assets $4,705,518

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$174,068
Expenses
$0
Net Income
-$174,068
Net Assets
$4,982,182
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$174,068
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,977,078
Total Liabilities $994,896
Net Assets $4,982,182

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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