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Montgomery County Economic Development Corporation
Community Development · Rockville, Maryland
1801 Rockville Pike Ste 320, Rockville, MD 20852-9700
EIN: 810717388· Founded: Mar 2017· 9 years active· Filing Year: 2023
Annual Revenue
$7.2M
Total Expenses
$6.9M
Total Assets
$4.6M
Program Spending
2%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$154K
2.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$2.4M
Total Payroll
$2.5M
37% of total expenses
Where the Money Goes
2%
Programs: 2%
Payroll: 37%
Other overhead: 98%
Program Revenue$133K (2%)
Total Expenses$6.9M (96%)
Payroll$2.5M (37%)
Overhead (non-program)98%
Trust Score Breakdown
Program Spending Ratio
2% of expenses go to programs
Revenue & Stability
$7.2M annual revenue
Executive Compensation
$154K total officer comp (2.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$4.6M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.