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Employer Identification Number 81-0717388

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

Company Name:MONTGOMERY COUNTY ECONOMIC DEVELOPMENT CORPORATION
Employer identification number (EIN):81-0717388
EIN Issuing AuthorityInternet
EIN TypeEIN issued after 1st Oct 2010
NAIC Classification:531390
NAIC Description:Other Activities Related to Real Estate
401k Pension/Benefits registration MONTGOMERY COUNTY ECONOMIC DEVELOPMENT CORPORATION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementMARKETING AND BUSINESS DEVELOPMENT TO DRIVE ECONOMIC GROWTH IN MONTGOMERY COUNTY, MARYLAND.
Number of Employees22
Number of Volunteers0
Year Formed2015

Organization Governance

Legal DomicileMD
Voting Members - Governing Body11
Voting Members - Independent11

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 129,964
Program Service Revenue from current yearUSD $ 133,090
Investment Income from prior yearUSD $ 723
Investment Income from current yearUSD $ 9,073
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 7,205,268
Net assets / fund balances at end of fiscal yearUSD $ 1,923,065
Net assets / fund balances at beginning of fiscal yearUSD $ 1,662,420
Total liabilities at end of fiscal yearUSD $ 2,696,606
Total liabilities at beginning of fiscal yearUSD $ 1,164,608
Total assets at end of fiscal yearUSD $ 4,619,671
Total assets at beginning of fiscal yearUSD $ 2,827,028
Revenues less expenses for current yearUSD $ 260,645
Revenues less expenses for previous yearUSD $ -961,281
Total expenses for current yearUSD $ 6,944,623
Total expenses for previous yearUSD $ 8,894,394
Other expenses in current yearUSD $ 3,837,952
Other expenses in previous yearUSD $ 5,754,739
Total fundraising expenses in current yearUSD $ 47,038
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,106,671
Employee salary and benefits paid in previous yearUSD $ 3,139,655
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 $ 7,205,268
Total revenue in previous fiscal yearUSD $ 7,933,113
Contributions and grants from current yearUSD $ 7,063,105
Contributions and grants from previous yearUSD $ 7,802,426
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 111,230
Program Service Revenue from current yearUSD $ 129,964
Investment Income from prior yearUSD $ 495
Investment Income from current yearUSD $ 723
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 7,933,113
Net assets / fund balances at end of fiscal yearUSD $ 1,662,420
Net assets / fund balances at beginning of fiscal yearUSD $ 2,623,701
Total liabilities at end of fiscal yearUSD $ 1,164,608
Total liabilities at beginning of fiscal yearUSD $ 4,550,580
Total assets at end of fiscal yearUSD $ 2,827,028
Total assets at beginning of fiscal yearUSD $ 7,174,281
Revenues less expenses for current yearUSD $ -961,281
Revenues less expenses for previous yearUSD $ -503,842
Total expenses for current yearUSD $ 8,894,394
Total expenses for previous yearUSD $ 22,480,206
Other expenses in current yearUSD $ 5,754,739
Other expenses in previous yearUSD $ 19,356,040
Total fundraising expenses in current yearUSD $ 12,684
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,139,655
Employee salary and benefits paid in previous yearUSD $ 3,124,166
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 $ 7,933,113
Total revenue in previous fiscal yearUSD $ 21,976,364
Contributions and grants from current yearUSD $ 7,802,426
Contributions and grants from previous yearUSD $ 21,864,639
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 127,415
Program Service Revenue from current yearUSD $ 111,230
Investment Income from prior yearUSD $ 1,175
Investment Income from current yearUSD $ 495
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 21,976,364
Net assets / fund balances at end of fiscal yearUSD $ 2,623,701
Net assets / fund balances at beginning of fiscal yearUSD $ 3,127,543
Total liabilities at end of fiscal yearUSD $ 4,550,580
Total liabilities at beginning of fiscal yearUSD $ 1,002,038
Total assets at end of fiscal yearUSD $ 7,174,281
Total assets at beginning of fiscal yearUSD $ 4,129,581
Revenues less expenses for current yearUSD $ -503,842
Revenues less expenses for previous yearUSD $ 1,020,261
Total expenses for current yearUSD $ 22,480,206
Total expenses for previous yearUSD $ 6,108,581
Other expenses in current yearUSD $ 19,356,040
Other expenses in previous yearUSD $ 3,315,398
Total fundraising expenses in current yearUSD $ 11,371
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,124,166
Employee salary and benefits paid in previous yearUSD $ 2,793,183
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 $ 21,976,364
Total revenue in previous fiscal yearUSD $ 7,128,842
Contributions and grants from current yearUSD $ 21,864,639
Contributions and grants from previous yearUSD $ 7,000,252
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 125,115
Program Service Revenue from current yearUSD $ 127,415
Investment Income from prior yearUSD $ 1,949
Investment Income from current yearUSD $ 1,175
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 7,128,842
Net assets / fund balances at end of fiscal yearUSD $ 3,127,543
Net assets / fund balances at beginning of fiscal yearUSD $ 2,107,282
Total liabilities at end of fiscal yearUSD $ 1,002,038
Total liabilities at beginning of fiscal yearUSD $ 1,114,524
Total assets at end of fiscal yearUSD $ 4,129,581
Total assets at beginning of fiscal yearUSD $ 3,221,806
Revenues less expenses for current yearUSD $ 1,020,261
Revenues less expenses for previous yearUSD $ 624,551
Total expenses for current yearUSD $ 6,108,581
Total expenses for previous yearUSD $ 4,485,147
Other expenses in current yearUSD $ 3,315,398
Other expenses in previous yearUSD $ 1,951,873
Total fundraising expenses in current yearUSD $ 36,426
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,793,183
Employee salary and benefits paid in previous yearUSD $ 2,533,274
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 $ 7,128,842
Total revenue in previous fiscal yearUSD $ 5,109,698
Contributions and grants from current yearUSD $ 7,000,252
Contributions and grants from previous yearUSD $ 4,982,634
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 125,115
Investment Income from prior yearUSD $ 903
Investment Income from current yearUSD $ 1,949
Other Revenue from prior yearUSD $ 121,473
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 5,109,698
Net assets / fund balances at end of fiscal yearUSD $ 2,107,282
Net assets / fund balances at beginning of fiscal yearUSD $ 1,482,731
Total liabilities at end of fiscal yearUSD $ 1,114,524
Total liabilities at beginning of fiscal yearUSD $ 1,107,784
Total assets at end of fiscal yearUSD $ 3,221,806
Total assets at beginning of fiscal yearUSD $ 2,590,515
Revenues less expenses for current yearUSD $ 624,551
Revenues less expenses for previous yearUSD $ -207,079
Total expenses for current yearUSD $ 4,485,147
Total expenses for previous yearUSD $ 5,237,642
Other expenses in current yearUSD $ 1,951,873
Other expenses in previous yearUSD $ 2,962,233
Total fundraising expenses in current yearUSD $ 37,983
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,533,274
Employee salary and benefits paid in previous yearUSD $ 2,275,409
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 $ 5,109,698
Total revenue in previous fiscal yearUSD $ 5,030,563
Contributions and grants from current yearUSD $ 4,982,634
Contributions and grants from previous yearUSD $ 4,908,187
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 1,123
Investment Income from current yearUSD $ 903
Other Revenue from prior yearUSD $ 17,009
Other Revenue from current yearUSD $ 121,473
Gross receipts from all sourcesUSD $ 5,030,563
Net assets / fund balances at end of fiscal yearUSD $ 1,482,731
Net assets / fund balances at beginning of fiscal yearUSD $ 1,689,810
Total liabilities at end of fiscal yearUSD $ 1,107,784
Total liabilities at beginning of fiscal yearUSD $ 1,229,354
Total assets at end of fiscal yearUSD $ 2,590,515
Total assets at beginning of fiscal yearUSD $ 2,919,164
Revenues less expenses for current yearUSD $ -207,079
Revenues less expenses for previous yearUSD $ 1,427,782
Total expenses for current yearUSD $ 5,237,642
Total expenses for previous yearUSD $ 3,050,693
Other expenses in current yearUSD $ 2,962,233
Other expenses in previous yearUSD $ 1,775,991
Total fundraising expenses in current yearUSD $ 27,603
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,275,409
Employee salary and benefits paid in previous yearUSD $ 1,274,702
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 $ 5,030,563
Total revenue in previous fiscal yearUSD $ 4,478,475
Contributions and grants from current yearUSD $ 4,908,187
Contributions and grants from previous yearUSD $ 4,460,343
Total of other revenueUSD $ 121,473
2017-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 1,123
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 17,009
Gross receipts from all sourcesUSD $ 4,478,475
Net assets / fund balances at end of fiscal yearUSD $ 1,689,810
Net assets / fund balances at beginning of fiscal yearUSD $ 262,028
Total liabilities at end of fiscal yearUSD $ 1,229,354
Total liabilities at beginning of fiscal yearUSD $ 34,957
Total assets at end of fiscal yearUSD $ 2,919,164
Total assets at beginning of fiscal yearUSD $ 296,985
Revenues less expenses for current yearUSD $ 1,427,782
Revenues less expenses for previous yearUSD $ 262,028
Total expenses for current yearUSD $ 3,050,693
Total expenses for previous yearUSD $ 237,972
Other expenses in current yearUSD $ 1,775,991
Other expenses in previous yearUSD $ 237,972
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,274,702
Employee salary and benefits paid in previous yearUSD $ 0
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 $ 4,478,475
Total revenue in previous fiscal yearUSD $ 500,000
Contributions and grants from current yearUSD $ 4,460,343
Contributions and grants from previous yearUSD $ 500,000
Total of other revenueUSD $ 17,009
2016-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 500,000
Net assets / fund balances at end of fiscal yearUSD $ 262,028
Total liabilities at end of fiscal yearUSD $ 34,957
Total assets at end of fiscal yearUSD $ 296,985
Revenues less expenses for current yearUSD $ 262,028
Total expenses for current yearUSD $ 237,972
Other expenses in current yearUSD $ 237,972
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 500,000
Contributions and grants from current yearUSD $ 500,000

Other Company Names associated with EIN

MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C
MONTGOMERY COUNTY ECONOMIC DEVELOPMENT

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 810717388

USA Location Address
1801 ROCKVILLE PIKE
SUITE 320
ROCKVILLE
MD
20852
Date first seen: 2007-01-01
Date last seen: 2024-10-15

Nearby companies/organizations

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

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