EIN 81-2179565

Montgomery County Green Bank Corporation

IRS 501(c) type
501(c)(3)
Num. employees
16
Year formed
2015
Most recent tax filings
2024-06-01
Description
Montgomery County Green Bank Corporation accelerates affordable energy efficiency and clean energy investment in Montgomery County, MD to make energy efficiency and clean energy attainable for all in the community and create a more sustainable and resilient future. The nonprofit partners with the private sector to build a more diverse, equitable, and inclusive community.
Total revenues
$20,777,761
2024
Total expenses
$4,625,405
2024
Total assets
$57,473,798
2024
Num. employees
16
2024

Program areas at Montgomery County Green Bank Corporation

The Montgomery County Green Bank is a publicly-chartered nonprofit dedicated to accelerating affordable energy efficiency and clean energy investment in Montgomery County, md. We partner with the private sector to build a more diverse, equitable, and inclusively prosperous,resilient, sustainable, and healthy community. Our work supports Montgomery County's goal to reduce its greenhouse gas emissions.

Personnel at Montgomery County Green Bank Corporation

NameTitleCompensation
Stephen MorelChief Executive Officer$253,897
Tim ZhangChief Investment Officer
Tyniah McDuffieDirector , Communications and Community Engagement
Xxxxx XxxxSenior Manager , Portfolio$132,057
Rokas BeresniovasSenior Director , Commercial Business and Investments
...and 7 more key personnel

Financials for Montgomery County Green Bank Corporation

RevenuesFYE 06/2024
Total grants, contributions, etc.$635,157
Program services$311,939
Investment income and dividends$1,619,633
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$18,211,032
Total revenues$20,777,761

Form 990s for Montgomery County Green Bank Corporation

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-12990View PDF
2023-062023-11-16990View PDF
2022-062022-11-02990View PDF
2021-062021-11-04990View PDF
2020-062021-02-26990View PDF
...and 3 more Form 990s
Data update history
February 12, 2025
Posted financials
Added Form 990 for fiscal year 2024
September 24, 2024
Updated personnel
Identified 11 new personnel
August 5, 2024
Used new vendors
Identified 1 new vendor, including
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsEnvironmental organizationsCharities
Issues
Energy conservationEnvironment
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
155 Gibbs St 407
Rockville, MD 20850
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
mcgreenbank.org/ 
Phone
(240) 453-9000
IRS details
EIN
81-2179565
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C35: Energy Resource Conservation and Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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