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ANNE Arundel Economic Development Corporation

Public charityFed auditsIRS 990
DBA: % JAMES T RUSSELL
Community Development · ANNAPOLIS, MD · EIN 52-1810772
OverviewMoney InMoney OutPeopleAuditsPositionsInterviewEndorsements

Federal Audit History

Single audits filed with the Federal Audit Clearinghouse
$1.1M in federal awards expended in FY2025
YearFederal $ expendedAuditorOpinionFlags
2025$1.1MCliftonLarsonAllen LLPUnmodified (clean)
2024$1.1MClifton Larson & AllenUnmodified (clean)

Federal Programs

Top programs · FY2025
ProgramAgencyExpendedMajor programFindings
Congressional Grants
via ANNE Arundel County
SBA$820KYes2
Coronavirus State and Local Fiscal Recovery Funds
via ANNE Arundel County
Treasury$262KNo0

Audit Findings

FY2025 · auditor's own text
2025-001Procurement & suspensionMaterial weaknessQuestioned costs
Federal agency: U.S. Small Business Administration Federal program name: Congressional Grants Inclusive Ventures Small Business Program Assistance listing number: 59.059 Pass-through agency: Anne Arundel County, Maryland Pass-through number: SBAHQ23I0140 Award Period: September 1…
2025-002Cash managementMaterial weaknessQuestioned costs
Federal agency: U.S. Small Business Administration Federal program name: Congressional Grants Inclusive Ventures Small Business Program Assistance listing number: 59.059 Pass-through agency: Anne Arundel County, Maryland Pass-through number: SBAHQ23I0140 Award Period: September 1…
Source: Federal Audit Clearinghouse single audits (required of organizations expending $1,000,000+ in federal awards per year for fiscal years beginning on or after Oct 1, 2024; $750,000 before).