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Employer Identification Number 52-2056731

ROCKVILLE ECONOMIC DEVELOPMENT INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:ROCKVILLE ECONOMIC DEVELOPMENT INC
Employer identification number (EIN):52-2056731
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationMaryland, MD

Organization Overview

Mission StatementECONOMIC DEVELOPMENT AGENCY FOR THE CITY OF ROCKVILLE, MARYLAND.
Number of Employees9
Number of Volunteers22
Year Formed1997

Organization Governance

Legal DomicileMD
Voting Members - Governing Body22
Voting Members - Independent22

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 19,594
Program Service Revenue from current yearUSD $ 159,550
Investment Income from prior yearUSD $ 71
Investment Income from current yearUSD $ 637
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 6,370
Gross receipts from all sourcesUSD $ 2,382,137
Net assets / fund balances at end of fiscal yearUSD $ 1,348,924
Net assets / fund balances at beginning of fiscal yearUSD $ 1,199,510
Total liabilities at end of fiscal yearUSD $ 1,009,602
Total liabilities at beginning of fiscal yearUSD $ 444,637
Total assets at end of fiscal yearUSD $ 2,358,526
Total assets at beginning of fiscal yearUSD $ 1,644,147
Revenues less expenses for current yearUSD $ 149,414
Revenues less expenses for previous yearUSD $ 461,809
Total expenses for current yearUSD $ 2,232,723
Total expenses for previous yearUSD $ 2,026,342
Other expenses in current yearUSD $ 640,954
Other expenses in previous yearUSD $ 528,431
Total fundraising expenses in current yearUSD $ 1,425
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 994,519
Employee salary and benefits paid in previous yearUSD $ 922,272
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 597,250
Grants and similar amounts paid in previous yearUSD $ 575,639
Total revenue in current fiscal yearUSD $ 2,382,137
Total revenue in previous fiscal yearUSD $ 2,488,151
Contributions and grants from current yearUSD $ 2,215,580
Contributions and grants from previous yearUSD $ 2,468,486
Total of other revenueUSD $ 6,370
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 13,890
Program Service Revenue from current yearUSD $ 19,594
Investment Income from prior yearUSD $ 95
Investment Income from current yearUSD $ 71
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,488,151
Net assets / fund balances at end of fiscal yearUSD $ 1,199,510
Net assets / fund balances at beginning of fiscal yearUSD $ 1,057,340
Total liabilities at end of fiscal yearUSD $ 444,637
Total liabilities at beginning of fiscal yearUSD $ 301,352
Total assets at end of fiscal yearUSD $ 1,644,147
Total assets at beginning of fiscal yearUSD $ 1,358,692
Revenues less expenses for current yearUSD $ 461,809
Revenues less expenses for previous yearUSD $ 202,905
Total expenses for current yearUSD $ 2,026,342
Total expenses for previous yearUSD $ 1,748,144
Other expenses in current yearUSD $ 528,431
Other expenses in previous yearUSD $ 499,736
Total fundraising expenses in current yearUSD $ 1,600
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 922,272
Employee salary and benefits paid in previous yearUSD $ 736,048
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 575,639
Grants and similar amounts paid in previous yearUSD $ 512,360
Total revenue in current fiscal yearUSD $ 2,488,151
Total revenue in previous fiscal yearUSD $ 1,951,049
Contributions and grants from current yearUSD $ 2,468,486
Contributions and grants from previous yearUSD $ 1,937,064
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 70,025
Program Service Revenue from current yearUSD $ 13,890
Investment Income from prior yearUSD $ 524
Investment Income from current yearUSD $ 95
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,951,049
Net assets / fund balances at end of fiscal yearUSD $ 1,057,340
Net assets / fund balances at beginning of fiscal yearUSD $ 854,435
Total liabilities at end of fiscal yearUSD $ 301,352
Total liabilities at beginning of fiscal yearUSD $ 125,779
Total assets at end of fiscal yearUSD $ 1,358,692
Total assets at beginning of fiscal yearUSD $ 980,214
Revenues less expenses for current yearUSD $ 202,905
Revenues less expenses for previous yearUSD $ 125,915
Total expenses for current yearUSD $ 1,748,144
Total expenses for previous yearUSD $ 1,488,101
Other expenses in current yearUSD $ 499,736
Other expenses in previous yearUSD $ 537,204
Total fundraising expenses in current yearUSD $ 11,704
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 736,048
Employee salary and benefits paid in previous yearUSD $ 619,897
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 512,360
Grants and similar amounts paid in previous yearUSD $ 331,000
Total revenue in current fiscal yearUSD $ 1,951,049
Total revenue in previous fiscal yearUSD $ 1,614,016
Contributions and grants from current yearUSD $ 1,937,064
Contributions and grants from previous yearUSD $ 1,543,467
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 958,912
Program Service Revenue from current yearUSD $ 70,025
Investment Income from prior yearUSD $ 470
Investment Income from current yearUSD $ 524
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,614,016
Net assets / fund balances at end of fiscal yearUSD $ 854,435
Net assets / fund balances at beginning of fiscal yearUSD $ 728,520
Total liabilities at end of fiscal yearUSD $ 125,779
Total liabilities at beginning of fiscal yearUSD $ 40,083
Total assets at end of fiscal yearUSD $ 980,214
Total assets at beginning of fiscal yearUSD $ 768,603
Revenues less expenses for current yearUSD $ 125,915
Revenues less expenses for previous yearUSD $ 92,159
Total expenses for current yearUSD $ 1,488,101
Total expenses for previous yearUSD $ 1,451,077
Other expenses in current yearUSD $ 537,204
Other expenses in previous yearUSD $ 385,298
Total fundraising expenses in current yearUSD $ 22,856
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 619,897
Employee salary and benefits paid in previous yearUSD $ 688,903
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 331,000
Grants and similar amounts paid in previous yearUSD $ 376,876
Total revenue in current fiscal yearUSD $ 1,614,016
Total revenue in previous fiscal yearUSD $ 1,543,236
Contributions and grants from current yearUSD $ 1,543,467
Contributions and grants from previous yearUSD $ 583,854
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 943,356
Program Service Revenue from current yearUSD $ 958,912
Investment Income from prior yearUSD $ 280
Investment Income from current yearUSD $ 470
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,543,236
Net assets / fund balances at end of fiscal yearUSD $ 728,520
Net assets / fund balances at beginning of fiscal yearUSD $ 636,361
Total liabilities at end of fiscal yearUSD $ 40,083
Total liabilities at beginning of fiscal yearUSD $ 48,475
Total assets at end of fiscal yearUSD $ 768,603
Total assets at beginning of fiscal yearUSD $ 684,836
Revenues less expenses for current yearUSD $ 92,159
Revenues less expenses for previous yearUSD $ 30,932
Total expenses for current yearUSD $ 1,451,077
Total expenses for previous yearUSD $ 1,067,111
Other expenses in current yearUSD $ 385,298
Other expenses in previous yearUSD $ 338,526
Total fundraising expenses in current yearUSD $ 16,820
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 688,903
Employee salary and benefits paid in previous yearUSD $ 650,021
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 376,876
Grants and similar amounts paid in previous yearUSD $ 78,564
Total revenue in current fiscal yearUSD $ 1,543,236
Total revenue in previous fiscal yearUSD $ 1,098,043
Contributions and grants from current yearUSD $ 583,854
Contributions and grants from previous yearUSD $ 154,407
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 924,232
Program Service Revenue from current yearUSD $ 943,356
Investment Income from prior yearUSD $ 232
Investment Income from current yearUSD $ 280
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,098,043
Net assets / fund balances at end of fiscal yearUSD $ 682,053
Net assets / fund balances at beginning of fiscal yearUSD $ 651,121
Total liabilities at end of fiscal yearUSD $ 48,475
Total liabilities at beginning of fiscal yearUSD $ 68,843
Total assets at end of fiscal yearUSD $ 730,528
Total assets at beginning of fiscal yearUSD $ 719,964
Revenues less expenses for current yearUSD $ 30,932
Revenues less expenses for previous yearUSD $ 122,809
Total expenses for current yearUSD $ 1,067,111
Total expenses for previous yearUSD $ 1,128,154
Other expenses in current yearUSD $ 338,526
Other expenses in previous yearUSD $ 375,318
Total fundraising expenses in current yearUSD $ 13,786
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 650,021
Employee salary and benefits paid in previous yearUSD $ 721,275
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 78,564
Grants and similar amounts paid in previous yearUSD $ 31,561
Total revenue in current fiscal yearUSD $ 1,098,043
Total revenue in previous fiscal yearUSD $ 1,250,963
Contributions and grants from current yearUSD $ 154,407
Contributions and grants from previous yearUSD $ 326,499
Net assets / fund balances at end of fiscal yearUSD $ 636,361
Total assets at end of fiscal yearUSD $ 684,836
Revenues less expenses for current yearUSD $ -14,759
Total expenses for current yearUSD $ 1,112,802
Other expenses in current yearUSD $ 339,084
Total fundraising expenses in current yearUSD $ 14,764
Employee salary and benefits paid in current yearUSD $ 695,154
2017-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 826,839
Program Service Revenue from current yearUSD $ 924,232
Investment Income from prior yearUSD $ 233
Investment Income from current yearUSD $ 232
Other Revenue from prior yearUSD $ 49
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,250,963
Net assets / fund balances at end of fiscal yearUSD $ 651,121
Net assets / fund balances at beginning of fiscal yearUSD $ 528,311
Total liabilities at end of fiscal yearUSD $ 68,843
Total liabilities at beginning of fiscal yearUSD $ 83,062
Total assets at end of fiscal yearUSD $ 719,964
Total assets at beginning of fiscal yearUSD $ 611,373
Revenues less expenses for current yearUSD $ 122,809
Revenues less expenses for previous yearUSD $ -159,939
Total expenses for current yearUSD $ 1,128,154
Total expenses for previous yearUSD $ 1,055,393
Other expenses in current yearUSD $ 375,318
Other expenses in previous yearUSD $ 401,819
Total fundraising expenses in current yearUSD $ 30,486
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 721,275
Employee salary and benefits paid in previous yearUSD $ 653,574
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 31,561
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,250,963
Total revenue in previous fiscal yearUSD $ 895,454
Contributions and grants from current yearUSD $ 326,499
Contributions and grants from previous yearUSD $ 68,333
2016-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 893,234
Program Service Revenue from current yearUSD $ 826,839
Investment Income from prior yearUSD $ 236
Investment Income from current yearUSD $ 233
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 49
Gross receipts from all sourcesUSD $ 895,454
Net assets / fund balances at end of fiscal yearUSD $ 528,311
Net assets / fund balances at beginning of fiscal yearUSD $ 688,249
Total liabilities at end of fiscal yearUSD $ 83,062
Total liabilities at beginning of fiscal yearUSD $ 96,966
Total assets at end of fiscal yearUSD $ 611,373
Total assets at beginning of fiscal yearUSD $ 785,215
Revenues less expenses for current yearUSD $ -159,939
Revenues less expenses for previous yearUSD $ 74,727
Total expenses for current yearUSD $ 1,055,393
Total expenses for previous yearUSD $ 907,993
Other expenses in current yearUSD $ 401,819
Other expenses in previous yearUSD $ 384,832
Total fundraising expenses in current yearUSD $ 15,674
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 653,574
Employee salary and benefits paid in previous yearUSD $ 523,161
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 895,454
Total revenue in previous fiscal yearUSD $ 982,720
Contributions and grants from current yearUSD $ 68,333
Contributions and grants from previous yearUSD $ 89,250
Total of other revenueUSD $ 49

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 522056731

USA Mailing Address
95 MONROE STREET NO PE-20
ROCKVILLE
MD
20850
Date first seen: 2007-01-01
Date last seen: 2024-07-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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