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MID-ATLANTIC SURETY ASSOCIATION INC C/O JOHN CLAY

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Tax-exempt status may be revoked

MID-ATLANTIC SURETY ASSOCIATION INC C/O JOHN CLAY

EIN 82-5471397 · Business & Industry (S40)

What they do

(1)MARKET, PROMOTE and SERVE INDIVIDUALS, COMPANIES and COPORATIONS INVOLVED IN THE UNDERWRITING of CORPORATE SURETYSHIP; (2) MAINTAIN and ENHANCE THE PROFITABILITY and ECONOMIC VIABILITY of INDIVIDUALS, COMPANIES and CORPORATIONS IN THE CORPORATE SURETYSHIP INDUSTRY; (3) DEVELOP and MAINTAIN COST-EFFECTIVE and PROFITABLE PARTNERSHIPS WITH RELATED INDUSTRIES; (4) MARKET and PORMOTE THE CORPORATE SURETYSHIP INDUSTRY; (5) DEVELOP and MANAGE BENEFIT PROGRAMS for MEMBER BUSINESSES and INDIVIUDALS; (6) DEVELOP and PROMULGATE CORPORATE SURETYSHIP STANDARDS and GUIDELINES; (7) DISSEMINATE INFORMATION ON THE STATE of THE INDUSTRY; (8) TAKE ON OTHER ACTIVITIES AS ARE NECESSARY to ACCOMPLISH THE ASSOCATIONS GENERAL PURPOSES.

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2022The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders1 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$88.06spent for every $100 of revenueRevenue covered expenses this year.
$0.26in assets for every $1 spent this yearSome assets cannot be spent right away.

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Money

Financial picture

Tax year 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$42,747
Expenses$37,641
Annual surplus $5,106 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$42,747
Expenses$37,641
Assets$9,973
People

Leadership and board

Tax year 2022

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (1)

JOHN CLAYPRINCIPAL OFFICER

About this charity

Recognized since
March 2020
Location
555 QUINCE ORCHARD ROAD NO 600, GAITHERSBURG, MD 20878
County
Montgomery
In care of
JOHN CLAY
Primary officer
JOHN CLAY, TREASURER

How to reach them

Filing and classification

Latest tax year
2022
Tax period began
January 1, 2019
Return type
990EZ
NTEE classification
Business & Industry (S40)
IRS tax category
Business & Industry
Revocation date
May 15, 2026

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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