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EIN 81-0717388

Montgomery County Economic Development C

IRS 501(c) type
501(c)(3)
Num. employees
24
City
Rockville
State
Maryland
Year formed
2015
Most recent tax filings
2023-06-01
NTEE code, primary
S30: Economic Development
Description
Montgomery County Economic Development C is an economic development organization in Rockville, MD whose mission is: Marketing and business Development to drive Economic growth in Montgomery County, Maryland.
Also known as...
Montgomery County Economic Development Corporation
Total revenues
$7,205,268
2023
Total expenses
$6,944,623
2023
Total assets
$4,619,671
2023
Num. employees
24
2023

Program areas at Montgomery County Economic Development C

The Montgomery County Economic Development corporation (mcedc) brings a big and bold approach to achieving greater Economic competitiveness and prosperity across Montgomery County, md.a nonprofit organization with a fresh public/private perspective, entrepreneurial spirit, and proactive approach to Economic Development, the mcedc is focused on maximizing Montgomery County's rich diversity of people, talent and multitude of workforce and business expertise to keep it at the leading edge of today' s hyper-competitive Economic Development environment.continued on schedule ocomprised of a highly talented team of 13 voting and 4 non-voting board members, the mcedc is committed to upholding and extending the County's vibrant community and leveraging the advantages it brings for the future of business across the region.

Who funds Montgomery County Economic Development C

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Rockefeller FoundationFor General Support of Its Mission$25,000

Personnel at Montgomery County Economic Development C

NameTitleCompensation
Bill TompkinsPresident and Chief Executive Officer$221,901
William TompkinsExecutive Vice President and Chief Operating Officer$221,846
Stacey Minott HardyChief Administrative Officer$154,613
Michael MitchellVice President , Marketing and Communications
Frankie ClogstonVice President , Research and Policy
...and 11 more key personnel

Financials for Montgomery County Economic Development C

RevenuesFYE 06/2023
Total grants, contributions, etc.$7,063,105
Program services$133,090
Investment income and dividends$9,073
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,205,268

Form 990s for Montgomery County Economic Development C

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-12990View PDF
2022-062023-01-26990View PDF
2021-062022-04-13990View PDF
2020-062021-04-12990View PDF
2019-062020-08-27990View PDF
...and 3 more Form 990s
Data update history
October 18, 2024
Updated personnel
Identified 8 new personnel
May 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 6 new personnel
January 3, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from The Rockefeller Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
1801 Rockville Pike 320
Rockville, MD 20852
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
thinkmoco.com/ 
Phone
(240) 641-6700
IRS details
EIN
81-0717388
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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