Nonprofit · EIN 85-2627900
URBAN WOOD ECONOMY INC
Tax-exempt · BALTIMORE, MD 21231
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $560,447 | $507,314 | $53,133 | $146,220 | $46,181 | $100,039 |
| June 30, 2024 | 990 | $464,914 | $389,855 | $75,059 | $57,397 | $10,491 | $46,906 |
| June 30, 2023 | 990 | $270,249 | $320,264 | -$50,015 | $15,549 | $43,702 | -$28,153 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $46,457
- Program service revenue
- $513,990
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $20,000
- Other salaries and wages
- $284,000
- Salaries, compensation and benefits (total)
- $314,315
- Professional fundraising fees
- $0
- Accounting fees
- $53,694
- Travel
- $19,816
- Program services (functional)
- $383,702
- Management and general (functional)
- $123,612
Balance sheet and other
- Total assets, start of year
- $57,397
- Total assets, end of year
- $146,220
- Total liabilities, end of year
- $46,181
- Net assets, end of year
- $100,039
- Net assets without donor restrictions
- $100,039
- Gross receipts
- $560,447
- Employees
- 4
- Volunteers
- 8
- Year formed
- 2020
- 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 | Other / benefits |
|---|---|---|---|---|
| JEFF CARROLL | CEO Officer | 40 | $58,920 | $745 |
| DIPA SHARIF-AHMED | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| HUGO S LAM | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| YENIE TRAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN MCELROY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| NEIL ELLIOT | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT WARD | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER SZELIGA | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| JOE LEHNEN | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF CARROLL | CEO Officer | 40 | $97,000 |
| MIKE BORN | PRINCIPAL Trustee or director, Officer | – | $48,500 |
| DIPA SHARIF-AHMED | TREASURER Trustee or director, Officer | 1 | $0 |
| HUGO S LAM | CHAIR Trustee or director, Officer | 1 | $0 |
| YENIE TRAN | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| JOHN MCELROY | SECRETARY Trustee or director, Officer | 1 | $0 |
| NEIL ELLIOT | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| SCOTT WARD | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| JENNIFER SZELIGA | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| JOE LEHNEN | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE BORN | PRINCIPAL Officer | 1 | $0 |
| JEFF CARROLL | CEO Officer | 1 | $0 |
| SCOTT PAUL | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| DIPA SHARIF-AHMED | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| JOHN BENNETT | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DON WINSETT | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| HUGO S LAM | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| YENIE TRAN | SECRETARY TR Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 114 S COLLINGTON AVE, BALTIMORE, MD 21231-2014
- In care of
- % JEFFREY CARROLL
- Principal officer (990 for 2024)
- JEFF CARROLL, 114 S COLLINGTON AVE, BALTIMORE, MD 21231
- Signed the 990
- JEFF CARROLL, CEO
- Phone
- (301) 913-0008
- Website
- WWW.UWECONOMY.ORG
- 990-N for 2021 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Jeffrey Carroll, 114 S Collington Ave, Baltimore MD 21231. Mailing address: 114 S Collington Ave, Baltimore MD 21231.
- Return prepared by
- WOLFORD COMPANIES INC
Mission
URBAN WOOD ECONOMY DEVELOPS AN ENTERPRISE-DRIVEN MODEL FOR CAPTURING CARBON, CREATING JOBS, AND STOPPING THE CYCLE OF WOOD WASTE BEFORE IT BEGINS. WE SEE URBAN AND COMMUNITY WOOD AS THE VALUABLE COMMODITY IT IS AND LEVERAGE IT TO CREATE RESTORATIVE SYSTEMS WITH MULTI-LEVEL BENEFITS TO THE ECONOMY, ENVIRONMENT, AND COMMUNITIES MOST IN NEED OF SUSTAINABLE OCCUPATIONS AND RESOURCES.
Program accomplishments
- UWE SERVES AS SUPPLY CHAIN CONSULTANTS NURTURING ENTERPRISE BASED SOLUTIONS FOR CAPTURING VALUE FROM THE WOOD WASTE STREAM AND LEVERAGING THAT REVENUE TO CREATE JOBS IN CHALLENGED NEIGHBORHOODS. WE ARE DOING THAT WORK IN MEMPHIS, TN, PITTSBURGH PA, PUERTO RICO, AND THROUGH EDUCATIONAL FORUMS SUCH AS THE URBAN WOOD ACADEMY.Expenses $383,702 · grants $20,000 · revenue $513,990
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
- 85-2627900
- 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
- 2020
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $146,220
- Income (IRS master file)
- $560,447
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $560,447 | $507,314 | $146,220 | XML |
| 990 | June 2024 | $464,914 | $389,855 | $57,397 | XML |
| 990 | June 2023 | $270,249 | $320,264 | $15,549 | XML |
| 990-N for 2021 Officer: Jeffrey Carroll Filed under this EIN, most likely by a chapter or affiliate | June 30, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Jeffrey Carroll Filed under this EIN, most likely by a chapter or affiliate | December 31, 2020 | ≤ $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 85-2627900).
Questions about URBAN WOOD ECONOMY INC
- What is the EIN of URBAN WOOD ECONOMY INC?
- The employer identification number (EIN) of URBAN WOOD ECONOMY INC is 85-2627900.
- Is URBAN WOOD ECONOMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to URBAN WOOD ECONOMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does URBAN WOOD ECONOMY 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 URBAN WOOD ECONOMY INC 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 URBAN WOOD ECONOMY INC 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 URBAN WOOD ECONOMY INC?
- The 990 for the year ended June 30, 2025 names JEFF CARROLL.
- Who are the officers and directors of URBAN WOOD ECONOMY INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $58,920 (JEFF CARROLL, CEO).
- How much revenue does URBAN WOOD ECONOMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $560,447, expenses of $507,314 and total assets of $146,220 at year end.
Other nonprofits in BALTIMORE
- KENNEDY KRIEGER EDUCATION AND COMMUNITY SERVICES INC EIN 52-1753040 · last filed 990 for 2025
- MADISON STREET PROPERTIES INC EIN 52-1949813 · last filed 990 for 2025
- 4MYCITY INC EIN 84-2908913 · last filed 990 for 2025
- REBUILD METRO INC EIN 23-2671667 · last filed 990 for 2024
- WATERFRONT PARTNERSHIP OF BALTIMORE INC EIN 20-3682821 · last filed 990 for 2025
- CITY OF BALTIMORE DEVELOPMENT CORPORATION EIN 52-1744007 · last filed 990 for 2025
- BALTIMORE COMMUNITY LENDING INC EIN 52-1632468 · last filed 990 for 2025
- NEIGHBORHOOD IMPACT INVESTMENT FUND INC EIN 83-2643429 · last filed 990 for 2025
All nonprofits in BALTIMORE · Maryland · Community improvement and capacity building