Civic Intelligence

Montgomery County Development Corporation

990 • Fiscal year 2012 • EIN 23-2334149

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 04, 2013

PO Box 31119401
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

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 And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$231,289

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $3,589,095Liabilities 2011: $3,552,078Net Assets 2011: $37,0172011Assets 2012: $2,451,702Liabilities 2012: $2,457,333Net Assets 2012: -$5,6312012Assets 2012: $2,451,702Liabilities 2012: $2,457,333Net Assets 2012: -$5,6312012Assets 2013: $2,159,711Liabilities 2013: $2,195,379Net Assets 2013: -$35,6682013Assets 2014: $325,301Liabilities 2014: $209,417Net Assets 2014: $115,8842014Assets 2015: $745,908Liabilities 2015: $462,977Net Assets 2015: $282,9312015Assets 2016: $664,367Liabilities 2016: $314,110Net Assets 2016: $350,2572016Assets 2017: $1,124,566Liabilities 2017: $293,883Net Assets 2017: $830,6832017Assets 2018: $1,336,418Liabilities 2018: $228,971Net Assets 2018: $1,107,4472018Assets 2019: $1,322,239Liabilities 2019: $177,150Net Assets 2019: $1,145,0892019

Highlighted filing

2012

Assets$2,451,702
Liabilities$2,457,333
Net Assets-$5,631

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2011: $338,4242011Expenses 2012: $231,2892012Revenue 2012: $188,641Expenses 2012: $231,289Net Income 2012: -$42,6482012Revenue 2013: $105,382Expenses 2013: $135,419Net Income 2013: -$30,0372013Revenue 2014: $541,876Expenses 2014: $390,324Net Income 2014: $151,5522014Revenue 2015: $666,159Expenses 2015: $499,111Net Income 2015: $167,0482015Revenue 2016: $192,987Expenses 2016: $125,661Net Income 2016: $67,3262016Revenue 2017: $688,990Expenses 2017: $208,564Net Income 2017: $480,4262017Revenue 2018: $420,039Expenses 2018: $143,275Net Income 2018: $276,7642018Revenue 2019: $118,147Expenses 2019: $80,505Net Income 2019: $37,6422019

Highlighted filing

2012

Revenue-
Expenses$231,289
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 4, 2013
Return Version
2012v2.1
Gross Receipts
$188,641
Mission and Program Overview

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.
Filing and Contact Details

Filer

EIN
23-2334149
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IRS990ScheduleO/GeneralExplanation/Explanation1A COPY OF FORM 990 IS GIVEN TO EACH BOARD MEMBER PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation2THE BOARD OF DIRECTORS DETERMINES A YEAR-END BONUS FOR THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION PROVIDES VARIOUS DOCUMENTS TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4BOARD OF DIRECTORS PERFORMS OVERSIGHT OF OUTSIDE AUDIT AND THE AUDIT FIRM SELECTION PROCESS.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION'S PAYROLL IS PROCESSED BY AND REPORTED THROUGH A COMMON PAYMASTER. THEREFORE THE ORGANIZATION DOES NOT FILE FEDERAL FORMS W-2 OR 941.
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