Montgomery County Development Corporation
990 • Fiscal year 2012 • EIN 23-2334149
Scores are not available for this record yet.
Assets
Flat$2,451,702
Flat from 2012
Net Assets
Flat-$5,631
Flat from 2012
Liabilities
Flat$2,457,333
Flat from 2012
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$231,289
Flat from 2012
Net Income
-
No earlier filing loaded for comparison.
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
- Signed
- Nov 4, 2013
- Return Version
- 2012v2.1
- Gross Receipts
- $188,641
Mission
Mcdc's mission is to promote the growth of business, industry and civic welfare in montgomery county and to facilitate the exchange of information between and among businesses, industry and the governmental institutions.
Major Activities
- Activity 2
- Micro loan fund- to financially assist new and existing businesses in creating and preserving jobs in montgomery county, pa. Assistance has been provided to 3 businesses.
Filer
- EIN
- 23-2334149
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| IRS990/Activity2/Description | 0 | MICRO LOAN FUND- TO FINANCIALLY ASSIST NEW AND EXISTING BUSINESSES IN CREATING AND PRESERVING JOBS IN MONTGOMERY COUNTY, PA. ASSISTANCE HAS BEEN PROVIDED TO 3 BUSINESSES. |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | THE ORGANIZATION DOES NOT HAVE SEPARATE COMMITTEES ON THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | A COPY OF FORM 990 IS GIVEN TO EACH BOARD MEMBER PRIOR TO FILING. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE BOARD OF DIRECTORS DETERMINES A YEAR-END BONUS FOR THE EXECUTIVE DIRECTOR. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | THE ORGANIZATION PROVIDES VARIOUS DOCUMENTS TO THE GENERAL PUBLIC UPON REQUEST. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | BOARD OF DIRECTORS PERFORMS OVERSIGHT OF OUTSIDE AUDIT AND THE AUDIT FIRM SELECTION PROCESS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | THE ORGANIZATION'S PAYROLL IS PROCESSED BY AND REPORTED THROUGH A COMMON PAYMASTER. THEREFORE THE ORGANIZATION DOES NOT FILE FEDERAL FORMS W-2 OR 941. |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PART XI, LINE 2C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | FORM 990,PART I,LN 15;PART V,LNS 2A&B;PART VII,COL D;PART IX, LNS 5 & 7 |
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| IRS990/TaxExemptBonds | 0 | 0 |
| IRS990/TemporarilyRestrictedNetAssets/BOY | 0 | 43329 |
| IRS990/TemporarilyRestrictedNetAssets/EOY | 0 | 0 |
| IRS990/Terminated | 0 | 0 |
| IRS990/TermOrPermanentEndowments | 0 | 0 |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 1430 DEKALB STREET |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | NORRISTOWN |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | PA |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 19401 |
| IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1 | 0 | MONTGOMERY COUNTY DEVELOPMENT CORPORATION |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 6102785950 |
| IRS990/TotalAssets/BOY | 0 | 3589095 |
| IRS990/TotalAssetsBOY | 0 | 3589095 |
| IRS990/TotalAssets/EOY | 0 | 2451702 |
| IRS990/TotalAssetsEOY | 0 | 2451702 |
| IRS990/TotalCompGT150K | 0 | 0 |
| IRS990/TotalContributions | 0 | 44262 |
| IRS990/TotalExpensesCurrentYear | 0 | 231289 |
| IRS990/TotalExpensesPriorYear | 0 | 338424 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 113439 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 117850 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 231289 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 0 |
| IRS990/TotalGrossUBI | 0 | 0 |
| IRS990/TotalLiabilities/BOY | 0 | 3552078 |
| IRS990/TotalLiabilitiesBOY | 0 | 3552078 |
| IRS990/TotalLiabilities/EOY | 0 | 2457333 |
| IRS990/TotalLiabilitiesEOY | 0 | 2457333 |
| IRS990/TotalLiabNetAssetsFundBalances/BOY | 0 | 3589095 |
| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 2451702 |
| IRS990/TotalNbrEmployees | 0 | 0 |
| IRS990/TotalNbrVolunteers | 0 | 9 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | 37017 |
| IRS990/TotalNetAssetsFundBalances/EOY | 0 | -5631 |
| IRS990/TotalOtherCompensation | 0 | 0 |
| IRS990/TotalOtherRevenue | 0 | 25913 |
| IRS990/TotalProfFundrsngExpCY | 0 | 0 |
| IRS990/TotalProfFundrsngExpPriorYear | 0 | 0 |
| IRS990/TotalProgramServiceExpense | 0 | 117850 |
| IRS990/TotalProgramServiceRevenue | 0 | 118450 |
| IRS990/TotalReportableCompFrmRltdOrgs | 0 | 16938 |
| IRS990/TotalReportableCompFromOrg | 0 | 0 |
| IRS990/TotalRevenueCurrentYear | 0 | 188641 |
| IRS990/TotalRevenue/ExclusionAmount | 0 | 16 |
| IRS990/TotalRevenuePriorYear | 0 | 315469 |
| IRS990/TotalRevenue/RelatedOrExemptFunctionIncome | 0 | 144363 |
| IRS990/TotalRevenue/TotalRevenueColumn | 0 | 188641 |
| IRS990/TotalRevenue/UnrelatedBusinessRevenue | 0 | 0 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $2,451,702
- Liabilities
- $2,457,333
- Net assets
- -$5,631
- Revenue
- -
- Expenses
- $231,289
- Net income
- -