Nonprofit · EIN 52-1900080
MARYLAND HEALTH-CARE PRODUCT DEVELOPMENT CORPORATION
Tax-exempt · ROCKVILLE, MD 20850
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $0 | $6,723 | -$6,723 | $2,764,108 | $33,892 | $2,730,216 |
| June 30, 2024 | 990 | $0 | $7,809 | -$7,809 | $2,764,108 | $27,169 | $2,736,939 |
| June 30, 2023 | 990 | $0 | $5,971 | -$5,971 | $2,764,108 | $19,360 | $2,744,748 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,188
- Management and general (functional)
- $6,723
Balance sheet and other
- Total assets, start of year
- $2,764,108
- Total assets, end of year
- $2,764,108
- Total liabilities, end of year
- $33,892
- Net assets, end of year
- $2,730,216
- Net assets without donor restrictions
- $2,730,216
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1994
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KELLY SCHULZ | CEO Officer | 1.5 | $0 | $263,508 | $24,088 |
| MICHELLE FERRONE | DIRECTOR Trustee or director | 1 | $0 | $188,471 | $21,270 |
| STEVEN L MELTZER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KELLY SCHULZ | CEO Officer | 1.5 | $0 | $240,000 | $18,395 |
| MICHELLE FERRONE | DIRECTOR Trustee or director | 1 | $0 | $176,000 | $21,626 |
| STEVEN L MELTZER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARTIN ROSENDALE | CEO (UNTIL 10/22) Officer | 1 | $0 | $231,547 | $17,919 |
| MICHELLE FERRONE | DIRECTOR Trustee or director | 1 | $0 | $181,559 | $21,796 |
| KELLY SCHULZ | CEO (FROM 11/22) Officer | 1 | $0 | $40,000 | $400 |
| STEVEN L MELTZER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| EDGAR C HARRELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 9808 MEDICAL CENTER DR UNIT 450, ROCKVILLE, MD 20850-4898
- Principal officer (990 for 2024)
- KELLY SCHULZ, 9808 MEDICAL CENTER DRIVE 450, ROCKVILLE, MD 20850
- Signed the 990
- KELLY SCHULZ, CEO
- Phone
- (240) 243-4026
- Website
- WWW.TECHCOUNCILMD.COM
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
Mission
TO SUPPORT THE COMMERCIALIZATION OF EXISTING TECHNOLOGIES AND TO CREATE VIABLE NEW HEALTH CARE PRODUCTS AND BUSINESSES IN MARYLAND AND THE SURROUNDING REGION.
Program accomplishments
- BUILD STRONGER TECHNOLOGY AND LIFE SCIENCE COMMUNITIES IN MARYLAND BY NURTURING A HEALTHY AND VIBRANT ENVIRONMENT WHERE MEMBERS CAN CONNECT AND PROSPER.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
- 52-1900080
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1997
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S03)
- Assets (IRS master file)
- $2,764,108
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $0 | $6,723 | $2,764,108 | IRS |
| 990 | June 2024 | $0 | $7,809 | $2,764,108 | IRS |
| 990 | June 2023 | $0 | $5,971 | $2,764,108 | XML |
| 990 | June 2022 | $0 | $6,807 | $2,764,108 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
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 52-1900080).
Questions about MARYLAND HEALTH-CARE PRODUCT DEVELOPMENT CORPORATION
- What is the EIN of MARYLAND HEALTH-CARE PRODUCT DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MARYLAND HEALTH-CARE PRODUCT DEVELOPMENT CORPORATION is 52-1900080.
- Is MARYLAND HEALTH-CARE PRODUCT DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to MARYLAND HEALTH-CARE PRODUCT DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does MARYLAND HEALTH-CARE PRODUCT DEVELOPMENT CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MARYLAND HEALTH-CARE PRODUCT DEVELOPMENT 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 MARYLAND HEALTH-CARE PRODUCT DEVELOPMENT 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 MARYLAND HEALTH-CARE PRODUCT DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names KELLY SCHULZ.
- Who are the officers and directors of MARYLAND HEALTH-CARE PRODUCT DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MARYLAND HEALTH-CARE PRODUCT DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $0, expenses of $6,723 and total assets of $2,764,108 at year end.
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