MARYLAND ECONOMIC DEVELOPMENT
EIN: 52-1376562Baltimore, MDZIP: 21202
501(c)(4)
Mission
MEDCO'S PRIMARY PURPOSE IS TO EXPAND PRODUCTIVE EMPLOYMENT AND THE STATE'S ECONOMY AND TAX BASE THROUGH THE DEVELOPMENT OF CERTAIN VACANT OR UNDER-UTILIZED INDUSTRIAL SITES AND FACILITIES AS WELL AS OTHER ECONOMIC RESOURCES. IN FULFILLING ITS PURPOSE, MEDCO PROVIDES FACILITIES AND FINANCING OF FACILITIES TO BUSINESSES AT FAVORABLE RATES. MEDCO ALSO PROVIDES MANAGEMENT AND CONSULTING EXPERTISE.
Financials
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2022 | $202.2M | $0 | $1B |
Compensation
Data from IRS Form 990 filings (2022).