Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr
501(c)(9)
Only null% goes to programs Declining revenue
Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr is a 501(c)(9) organization based in Gaithersburg, Maryland, registered in 1982, with $4,398,949 in FY2024 revenue. CharityIndex grades it C.
9711 Washingtonian Blvd Ste 200, Gaithersburg, MD, 20878 EIN 52-6237120 Since 1982
Revenue (FY2024)
$4.4M
▲ 4.6% vs prior year
Expenses (FY2024)
$4.9M
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating5 mo reserves · -12% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr: 5 mo reserves · -12% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 9711 Washingtonian Blvd Ste 200, Gaithersburg, MD, 20878
- City
- Gaithersburg
- State
- Maryland
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $6.5M (FY2013) to $4.4M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.0M
Operating margin
-12.5%
Spent more than it raised in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$0
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,398,949▲4.6% | $4,946,694▼10.4% | $1,966,471▼21.8% | $1,966,471▼21.8% | 990 |
| 2023 | $4,203,713▼4.7% | $5,518,183▼9.5% | $2,514,216▼34.3% | $2,514,216▼34.3% | 990 |
| 2022 | $4,412,120▼29.6% | $6,096,600▼1.4% | $3,828,686▼30.6% | $3,828,686▼30.6% | 990 |
| 2021 | $6,267,151▼14.6% | $6,181,737▼9.7% | $5,513,166▲1.6% | $5,514,424▲1.6% | 990 |
| 2020 | $7,338,302▼21.4% | $6,848,938▼20.4% | $5,427,752▲28.6% | $5,430,243▲28.6% | 990 |
| 2018 | $9,332,890▲8.3% | $8,603,980▲18.2% | $4,221,011▲20.9% | $4,221,011▲18.2% | 990 |
| 2017 | $8,614,020▲8.5% | $7,277,393▼9.5% | $3,492,101▲62.0% | $3,571,717▲61.9% | 990 |
| 2016 | $7,938,473▲8.8% | $8,042,539▲25.0% | $2,155,474▼4.6% | $2,206,727▼2.3% | 990 |
| 2015 | $7,294,602▲5.6% | $6,431,506▼18.8% | $2,259,540▲62.1% | $2,259,540▲62.1% | 990 |
| 2014 | $6,908,837▲6.3% | $7,924,825▲8.5% | $1,393,571▼42.1% | $1,393,571▼42.1% | 990 |
| 2013 | $6,499,396 | $7,306,983▲9.5% | $2,407,047▼24.9% | $2,407,047▼24.9% | 990 |
| 2012 | — | $6,673,564▲7.3% | $3,205,250▼9.3% | $3,205,250▼9.3% | 990 |
| 2011 | — | $6,216,838▲2.8% | $3,532,772▼6.9% | $3,532,772▼6.9% | 990 |
| 2010 | — | $6,049,342▲5.8% | $3,796,579▼5.6% | $3,796,579▼5.6% | 990 |
| 2009 | — | $5,720,065 | $4,020,655 | $4,020,655 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr a legitimate nonprofit?
- Yes. Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 52-6237120, based in Gaithersburg, Maryland.
- What is Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr's EIN?
- Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr's Employer Identification Number (EIN) is 52-6237120.
- How much revenue does Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr report?
- Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr reported $4,398,949 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr have?
- CharityIndex grades Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr C, based on financial health (reserves and operating margin).
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Data for Mid-city Financial Corp & Edgewood Mgmt Corp Vol Employee Benefit Tr (EIN 52-6237120) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.