Nonprofit · EIN 83-2040316
CAMBRIDGE WATERFRONT DEVELOPMENT INC
Tax-exempt · CAMBRIDGE, MD 21613
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,830,412 | $231,798 | $2,598,614 | $11,956,723 | $896,858 | $11,059,865 |
| December 31, 2024 | 990 | $1,486,679 | $543,345 | $943,334 | $9,910,637 | $1,449,388 | $8,461,249 |
| December 31, 2023 | 990 | $537,318 | $205,980 | $331,338 | $8,412,143 | $894,228 | $7,517,915 |
| June 30, 2023 | 990 | $4,354,575 | $281,924 | $4,072,651 | $8,503,739 | $1,312,802 | $7,190,937 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,801,746
- of which government grants
- $2,801,746
- Program service revenue
- $0
- Investment income
- $5,709
- Net rental income
- -$80,043
- Other revenue
- $22,957
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $70,477
- Accounting fees
- $18,550
- Occupancy
- $1,200
- Management and general (functional)
- $231,798
Balance sheet and other
- Total assets, start of year
- $9,910,639
- Total assets, end of year
- $11,956,723
- Total liabilities, end of year
- $896,858
- Net assets, end of year
- $11,059,865
- Gross receipts
- $2,910,479
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2018
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANGIE HENGST | PRESIDENT Trustee or director, Officer | 6 | $0 |
| MICHEAL J FRENZ | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| FRANK J NARR JR | TREASURER Trustee or director, Officer | 18 | $0 |
| TIM CROSBY | DIRECTOR Trustee or director | 10 | $0 |
| GAVER NICHOLS | DIRECTOR Trustee or director | 4 | $0 |
| BERNARD BRATHWAITE | DIRECTOR (START 5/19/25) Trustee or director | 1 | $0 |
| SHAY LEWIS-SISCO | DIRECTOR (THRU 1/2/25) Trustee or director | 0 | $0 |
| NATALIE CHABOT | SECRETARY (THRU 11/7/25) Trustee or director, Officer | 4 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW LEONARDKIRK AVENUE LLC | EXECUTIVE DIRECTOR (THRU 8/7/24) Officer | 40 | $70,833 |
| ANGIE HENGST | PRESIDENT Trustee or director, Officer | 5 | $0 |
| FRANK J NARR JR | SECRETARY/TREASURER Trustee or director, Officer | 10 | $0 |
| NATALIE CHABOT | DIRECTOR (AS OF 9/11/24) Trustee or director | 4 | $0 |
| MICHEAL J FRENZ | DIRECTOR Trustee or director | 2 | $0 |
| GAVER NICHOLS | DIRECTOR (AS OF 9/11/24) Trustee or director | 4 | $0 |
| TIM CROSBY | DIRECTOR (AS OF 9/24/24) Trustee or director | 4 | $0 |
| SHAY LEWIS-SISCO | VICE PRESIDENT Trustee or director, Officer | 4 | $0 |
| DION BANKS | DIRECTOR (THRU 9/6/24) Trustee or director | 1 | $0 |
| RICHARD M ZEIDMAN | DIRECTOR (THRU 5/22/24) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW LEONARDKIRK AVENUE LLC | EXECUTIVE DIRECTOR Officer | 40 | $105,000 |
| RICHARD M ZEIDMAN | PRESIDENT Trustee or director, Officer | 4 | $0 |
| FRANK J NARR JR | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| MICHAEL J FRENZ | DIRECTOR Trustee or director | 1 | $0 |
| DION BANKS | DIRECTOR Trustee or director | 1 | $0 |
| SHAY LEWIS-SISCO | DIRECTOR Trustee or director | 1 | $0 |
| ANGIE HENGST | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW LEONARDKIRK AVENUE LLC | EXECUTIVE DIRECTOR Officer | 40 | $97,500 |
| RICHARD M ZEIDMAN | PRESIDENT Trustee or director, Officer | 4 | $0 |
| FRANK NARR JR | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| JEFF POWEL | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHAEL J FRENZ | DIRECTOR Trustee or director | 1 | $0 |
| DION BANKS | DIRECTOR Trustee or director | 1 | $0 |
| SHAY LEWIS-SISCO | DIRECTOR Trustee or director | 1 | $0 |
| ANGIE HENGST | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1144, CAMBRIDGE, MD 21613-5144
- In care of
- % SANDRA TRIP JONES
- Mailing address (990-N for 2018)
- 5263 Bucktown Rd Mailbox 5, Cambridge MD 21613
- Principal officer (990 for 2025)
- ANGELA HENGST, 306 HIGH STREET, CAMBRIDGE, MD 21613
- Principal officer (990-N for 2018)
- Sandra Tripp-Jones, 5263 Bucktown Rd MailBox5, Cambridge MD 21613
- Signed the 990
- ANGELA HENGST, PRESIDENT
- Phone
- (410) 463-0428
- Website
- CAMBRIDGEHARBOR.ORG
- Return prepared by
- UHY ADVISORS MID-ATLANTIC INC
Mission
TO PROMOTE AND FACILITATE THE REDEVELOPMENT OF CERTAIN PROPERTIES ALONG AND ADJACENT TO THE CITY OF CAMBRIDGE WATERFRONT.
Program accomplishments
- TO PROMOTE AND FACILITATE THE REDEVELOPMENT OF CERTAIN PROPERTIES ALONG AND ADJACENT TO THE CITY OF CAMBRIDGE WATERFRONT.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-2040316
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $11,956,723
- Income (IRS master file)
- $2,910,479
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,830,412 | $231,798 | $11,956,723 | IRS |
| 990 | December 2024 | $1,486,679 | $543,345 | $9,910,637 | XML |
| 990 | December 2023 | $537,318 | $205,980 | $8,412,143 | XML |
| 990 | June 2023 | $4,354,575 | $281,924 | $8,503,739 | XML |
| 990 | June 2022 | $2,962,494 | $85,237 | $8,725,419 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-N for 2018 Officer: Sandra Tripp-Jones | December 31, 2018 | ≤ $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 83-2040316).
Questions about CAMBRIDGE WATERFRONT DEVELOPMENT INC
- What is the EIN of CAMBRIDGE WATERFRONT DEVELOPMENT INC?
- The employer identification number (EIN) of CAMBRIDGE WATERFRONT DEVELOPMENT INC is 83-2040316.
- Is CAMBRIDGE WATERFRONT DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to CAMBRIDGE WATERFRONT DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAMBRIDGE WATERFRONT DEVELOPMENT INC 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 CAMBRIDGE WATERFRONT DEVELOPMENT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAMBRIDGE WATERFRONT DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CAMBRIDGE WATERFRONT DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 names ANGELA HENGST.
- Who are the officers and directors of CAMBRIDGE WATERFRONT DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does CAMBRIDGE WATERFRONT DEVELOPMENT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,830,412, expenses of $231,798 and total assets of $11,956,723 at year end.
Other nonprofits in CAMBRIDGE
- VISIONS AMERICA EIN 52-2317592 · last filed 990 for 2025
- PINE STREET COMMITTEE INC EIN 52-2100019 · last filed 990 for 2025
- JAMES G BUSICK TENNIS FOUNDATION INC EIN 52-1800498 · last filed 990-N for 2025
- CAMBRIDGE MAIN STREET INC EIN 52-1965201 · last filed 990 for 2025
- PARTNERS IN GIVING INC EIN 84-2362311 · last filed 990-EZ for 2025
- CAMBRIDGE ASSOCIATION OF NEIGHTBORHOODS EIN 81-5080931 · last filed 990-N for 2025
- FAMILIES OF SMITHVILLE ROAD EIN 83-1415569 · last filed 990-N for 2025
- BLACKWATER RISING INC EIN 33-2288003 · last filed 990-N for 2025
All nonprofits in CAMBRIDGE · Maryland · Community improvement and capacity building