Nonprofit · EIN 20-0418916
UNIVERSITY OF MARYLAND ENTERPRISE CORPORATION
Tax-exempt (reinstated) · COLLEGE PARK, MD 20740
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $100,000 | $210 | $99,790 | $1,170,857 | $1,108,902 | $61,955 |
| June 30, 2024 | 990 | $0 | $7,508 | -$7,508 | $796,092 | $833,927 | -$37,835 |
| June 30, 2023 | 990 | $0 | $1,455 | -$1,455 | $649,529 | $679,856 | -$30,327 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $100,000
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Management and general (functional)
- $210
Balance sheet and other
- Total assets, start of year
- $796,092
- Total assets, end of year
- $1,170,857
- Total liabilities, end of year
- $1,108,902
- Net assets, end of year
- $61,955
- Net assets without donor restrictions
- $61,955
- Gross receipts
- $100,000
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2003
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICK G O'SHEA | TREASURER & VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHARLES R REUNING | CHAIRPERSON & PRESIDENT Trustee or director, Officer | 1 | $0 |
| GREG S OLER | DIRECTOR Trustee or director | 1 | $0 |
| TRACEY E SKINNER | DIRECTOR Trustee or director | 1 | $0 |
| EDWARD JOHN MAGINNIS | ASSISTANT TREASURER Officer | 1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARLO COLELLA | TREASURER & VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DR GREGORY F BALL | CHAIRPERSON & PRESIDENT Trustee or director, Officer | 1 | $0 |
| GREG S OLER | DIRECTOR Trustee or director | 1 | $0 |
| TRACEY E SKINNER | DIRECTOR Trustee or director | 1 | $0 |
| EDWARD JOHN MAGINNIS | ASSISTANT TREASURER Officer | 1 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARLO COLELLA | TREASURER & VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DR GREGORY F BALL | CHAIRPERSON & PRESIDENT Trustee or director, Officer | 1 | $0 |
| GREG S OLER | DIRECTOR Trustee or director | 1 | $0 |
| TRACEY E SKINNER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7901 REGENTS DRIVE SUITE 2132, COLLEGE PARK, MD 20740-0001
- In care of
- % JACK T ROACH
- Mailing address (990-N for 2008)
- 1132 Main Administration Building, College Park MD 20742
- Principal officer (990 for 2024)
- CHARLES R REUNING, 7901 REGENTS DRIVE SUITE 2132, COLLEGE PARK, MD 20742
- Principal officer (990-N for 2008)
- Julie K Phelps, 4100 Chesapeake Building, College Park MD 20742
- Signed the 990
- EDWARD J MAGINNIS, ASSISTANT TREASURER
- Phone
- (301) 405-4945
- Return prepared by
- PRAGER METIS CPAS LLC
Mission
TO EDUCATE THE PUBLIC BY SUPPORTING THE MISSION OF THE UNIVERSITY OF MARYLAND, COLLEGE PARK (THE "UNIVERSITY"), THE FLAGSHIP CAMPUS OF THE UNIVERSITY SYSTEM OF MARYLAND, AND ANY SUCCESSOR INSTITUTION TO THE UNIVERSITY AND TO PROMOTE THE ADVANCEMENT OF EDUCATION BY FOSTERING AND EXPANDING EDUCATIONAL AND RESEARCH OPPORTUNITIES FOR THE FACULTY AND STUDENTS OF THE UNIVERSITY OR ITS SUCCESSOR INSTITUTION.
Program accomplishments
- THE ORGANIZATION AND THE UNIVERSITY OF MARYLAND, COLLEGE PARK, INTEND TO CREATE A FORUM WHEREBY EDUCATIONAL AND SCIENTIFIC RESEARCH PROJECTS ON EXISTING AND NEW TECHNOLOGIES MAY BE UNDERTAKEN IN ORDER TO DEVELOP NEW IDEAS TO IMPROVE THE REGION'S EDUCATION AND TECHNOLOGY INFRASTRUCTURE. THESE EDUCATIONAL AND SCIENTIFIC RESEARCH PROJECTS ARE EXPECTED TO PROMOTE DEVELOPMENT, INCLUDING ECONOMIC DEVELOPMENT, IN THE REGION AND TO COMBAT COMMUNITY DETERIORATION.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0418916
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B05)
- Assets (IRS master file)
- $1,170,857
- Income (IRS master file)
- $100,000
Revocation and reinstatement
- Exemption revoked
- November 15, 2019
- Posted by the IRS
- September 14, 2020
- Reinstated
- Effective November 15, 2019
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $100,000 | $210 | $1,170,857 | IRS |
| 990 | June 2024 | $0 | $7,508 | $796,092 | IRS |
| 990 | June 2023 | $0 | $1,455 | $649,529 | XML |
| 990 | June 2022 | $0 | $23,270 | $1,180,421 | IRS |
| 990-N for 2008 Officer: Julie K Phelps | June 30, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0418916).
Questions about UNIVERSITY OF MARYLAND ENTERPRISE CORPORATION
- What is the EIN of UNIVERSITY OF MARYLAND ENTERPRISE CORPORATION?
- The employer identification number (EIN) of UNIVERSITY OF MARYLAND ENTERPRISE CORPORATION is 20-0418916.
- Is UNIVERSITY OF MARYLAND ENTERPRISE CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2019 and reinstated it effective November 15, 2019.
- Are donations to UNIVERSITY OF MARYLAND ENTERPRISE CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does UNIVERSITY OF MARYLAND ENTERPRISE CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY OF MARYLAND ENTERPRISE CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY OF MARYLAND ENTERPRISE CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSITY OF MARYLAND ENTERPRISE CORPORATION?
- The 990 for the year ended June 30, 2025 names CHARLES R REUNING.
- Who are the officers and directors of UNIVERSITY OF MARYLAND ENTERPRISE CORPORATION?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY OF MARYLAND ENTERPRISE CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $100,000, expenses of $210 and total assets of $1,170,857 at year end.
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