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Rockville Economic Development Inc
Community Development · Rockville, Maryland
51 Monroe Street Pe - 20, Rockville, MD 20850-2421
EIN: 522056731· Founded: May 1998· 28 years active· Filing Year: 2023
Annual Revenue
$2.4M
Total Expenses
$2.2M
Total Assets
$2.4M
Program Spending
7%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$184K
8.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$646K
Total Payroll
$830K
37% of total expenses
Where the Money Goes
7%
Programs: 7%
Payroll: 37%
Other overhead: 93%
Program Revenue$160K (7%)
Total Expenses$2.2M (94%)
Payroll$830K (37%)
Overhead (non-program)93%
Trust Score Breakdown
Program Spending Ratio
7% of expenses go to programs
Revenue & Stability
$2.4M annual revenue
Executive Compensation
$184K total officer comp (8.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$2.4M 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.