Civic Intelligence

Montgomery County Economic Development

EIN 81-0717388 • 501(c)3 • Rockville, MD

Profile

Marketing and business development to drive economic growth in montgomery county, maryland.

1801 Rockville Pike No 320Rockville, MD 20852

www.thinkmoco.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.64x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

76th percentile

0.52x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

24th percentile

-6.4%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

87th percentile

$296,053

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

12th percentile

-11%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

15th percentile

-18%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$4,619,671

Up $1,792,643 (+63%) from 2022

Liabilities

Up

$2,696,606

Up $1,531,998 (+132%) from 2022

Net Assets

Up

$1,923,065

Up $260,645 (+16%) from 2022

Operations
Liabilities / Revenue76th percentileNet Margin24th percentile

Revenue

Down

$7,205,268

Down $727,845 (-9.2%) from 2022

Expenses

Down

$6,944,623

Down $1,949,771 (-22%) from 2022

Net Income

Up

$260,645

Up $1,221,926 (+127%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2016: $296,985Liabilities 2016: $34,957Net Assets 2016: $262,0282016Assets 2017: $2,919,164Liabilities 2017: $1,229,354Net Assets 2017: $1,689,8102017Assets 2018: $2,590,515Liabilities 2018: $1,107,784Net Assets 2018: $1,482,7312018Assets 2019: $3,221,806Liabilities 2019: $1,114,524Net Assets 2019: $2,107,2822019Assets 2020: $4,129,581Liabilities 2020: $1,002,038Net Assets 2020: $3,127,5432020Assets 2021: $7,174,281Liabilities 2021: $4,550,580Net Assets 2021: $2,623,7012021Assets 2022: $2,827,028Liabilities 2022: $1,164,608Net Assets 2022: $1,662,4202022Assets 2023: $4,619,671Liabilities 2023: $2,696,606Net Assets 2023: $1,923,0652023

Highlighted filing

2023

Assets$4,619,671
Liabilities$2,696,606
Net Assets$1,923,065
Open 2023 Filing

Operations Trend

Revenue Growth15th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2016: $500,000Expenses 2016: $237,972Net Income 2016: $262,0282016Revenue 2017: $4,478,475Expenses 2017: $3,050,693Net Income 2017: $1,427,7822017Revenue 2018: $5,030,563Expenses 2018: $5,237,642Net Income 2018: -$207,0792018Revenue 2019: $5,109,698Expenses 2019: $4,485,147Net Income 2019: $624,5512019Revenue 2020: $7,128,842Expenses 2020: $6,108,581Net Income 2020: $1,020,2612020Revenue 2021: $21,976,364Expenses 2021: $22,480,206Net Income 2021: -$503,8422021Revenue 2022: $7,933,113Expenses 2022: $8,894,394Net Income 2022: -$961,2812022Revenue 2023: $7,205,268Expenses 2023: $6,944,623Net Income 2023: $260,6452023

Highlighted filing

2023

Revenue$7,205,268
Expenses$6,944,623
Net Income$260,645
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$4,619,671
Liabilities
$2,696,606
Net assets
$1,923,065
Revenue
$7,205,268
Expenses
$6,944,623
Net income
$260,645
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.62$2.70$1.92$7.21$6.94$0.26
2022Summary only. Only limited summary data is available for this year.$2.83$1.16$1.66$7.93$8.89$0.96
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.17$4.55$2.62$22.0$22.5$0.50
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$1.00$3.13$7.13$6.11$1.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$1.11$2.11$5.11$4.49$0.62
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$1.11$1.48$5.03$5.24$0.21
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$1.23$1.69$4.48$3.05$1.43
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.03$0.26$0.50$0.24$0.26
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 5, 2022
Return Version
2020v4.2
Gross Receipts
$21,976,364
Mission and Program Overview

Mission

Marketing and business development to drive economic growth in montgomery county, maryland.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,780,597$5,928,303▲ $3,147,706
Land, Buildings, and Equipment, Net$627,180$538,703▼ $88,477
Savings and Temporary Cash Investments$354,259$359,716▲ $5,457
Accounts Receivable$325,220$266,734▼ $58,486
Prepaid Expenses and Deferred Charges$30,645$75,239▲ $44,594
Intangible Assets$11,680$5,586▼ $6,094
Total Assets$4,129,581$7,174,281▲ $3,044,700
Liabilities
Deferred Revenue$636,919$4,047,411▲ $3,410,492
Accounts Payable and Accrued Expenses$365,119$503,169▲ $138,050
Total Liabilities$1,002,038$4,550,580▲ $3,548,542
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,310,043$2,302,133▼ $7,910
Net Assets With Donor Restrictions$817,500$321,568▼ $495,932
Total Net Assets Fund Balance$3,127,543$2,623,701▼ $503,842
Total Liabilities and Net Assets / Fund Balance$4,129,581$7,174,281▲ $3,044,700

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$475,235$381,404$856,639
Equipment$63,468$39,246$102,714
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Benjamin WuPresident and CEOFT$245,328$14,077$259,405
William TompkinsExecutive Vice President & COOFT$202,431$14,663$217,094
Brad StewartSenior Vice President of Business DevelopmentFT$153,693$14,933$168,626
Brad StewartSenior Vice President of Business De-$153,693$14,933$168,626
Spiros BaltasDirector of Economic DevelopmentFT$157,998$6,585$164,583
Lynne BenzionDirector of Economic DevelopmentFT$139,016$20,864$159,880
Sarah MillerVP of StrategyFT$145,168$13,689$158,857
Stacey HardyVP of OperationsFT$132,062$13,254$145,316
Daniel ParraDirector of Business D&iFT$122,174$13,840$136,014
KRISTIN O'KEEFEVice President of Marketing & CommunicationsFT$121,982-$121,982

Board Members and Trustees

NameTitle
Robert G BrewerChair, Board of Directors
Kevin BeverlyVice Chair, Board of Directors
Andrew FriedsonEx-officio Member, Board O
Jerome FletcherEx-officio Member, Board O
Angela GrahamMember, Board of Directors
Dr Sanjay RaiMember, Board of Directors
Matthew LeeMember, Board of Directors
Ola SageMember, Board of Directors
S Tien WongMember, Board of Directors
Terry FordeMember, Board of Directors
Elana FineSecretary, Board of Directors
Carmen LarsenTreasurer, Board of Directors
Revenue and Support

Revenue Composition

Contributions and Grants
$21,864,639
Program Service Revenue
$111,230
Investment Income
$495
Other Revenue
$0
All Other Contributions
$79,300
Change in Net Assets
$-503,842

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,976,364
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-109,991
Total Revenue per Audited Statements
$21,866,373
Total Revenue per Form 990
$21,976,364
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,356,040
Salaries, Compensation, and Employee Benefits$3,124,166
Total Fundraising Expense$11,371
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,875,078$432,995$7,410$2,315,483
Other Employee Benefits$231,544$53,469$915$285,928
Occupancy$201,630$48,038$797$250,465
Current Officers, Directors, Trustees, and Key Employees$202,572$46,778$800$250,150
Other Expenses$187,811--$187,811
Payroll Taxes$145,168$33,523$574$179,265
All Other Expenses$118,627$10,760$181$129,568
Depreciation Depletion$82,158$18,972$325$101,455
Fees for Services Accounting-$100,555-$100,555
Advertising$100,340--$100,340
Pension Plan Contributions$75,586$17,455$299$93,340
Fees for Services Other-$24,165-$24,165
Office Expenses$17,969$4,149$70$22,188
Insurance-$21,667-$21,667
Fees for Services Legal-$11,465-$11,465
Travel$1,501--$1,501
Total Functional Expenses$21,644,844$823,991$11,371$22,480,206

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$22,480,206
Total Expenses per Form 990$22,480,206
Total Expenses per Audited Statements$22,370,215
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-109,991
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MemberSponsorship of Minority Legislative BreakfastNo$3,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The following mcedc board members have a business relationship with each other: - robert g brewer, jr- vice chair - terry forde-board memeber”

Form 990, Part VI, Section A, Line 7A

“The county executive appoints members to the board of directors. The county council confirms the appointments.”

Form 990, Part VI, Section B, Line 11B

“The return is prepared by the organization's auditors, and reviewed by its accounting partner, ceo and treasurer prior to filing. It is also provided to the board of directors.”

Form 990, Part VI, Section B, Line 12C

“Annually, each officer, director and committee member will complete a statement indicating whether they have any conflicts of interest or they or a family member does business with mcedc.”

Form 990, Part VI, Section B, Line 15

“The compensation of the president & ceo is based on comparable market data and is reviewed and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Mcedc's board of directors complies with the state of maryland's open meetings act. All meetings are properly noticed to the public, including a posting of meeting agendas and minutes on mcedc's website. The financial documents are available at the organizations office upon request.”

Filing and Contact Details

Filer

Filer Name
Montgomery County Economic Development C
EIN
81-0717388
Phone
2406416700
Address
1801 ROCKVILLE PIKE NO 320, ROCKVILLE, MD 20852

Signing Officer

Name
Benjamin Wu
Title
President & CEO
Phone
2406416700
Signed
2022-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Wu
Formed
2015
Legal Domicile
Md
Voting Board Members
11
Independent Board Members
11
Employees
28
Volunteers
11

Preparer

Firm
Cohnreznick Llp
Address
500 EAST PRATT STREET 4TH FLOOR, BALTIMORE, MD 21202
Preparer
Philip H Cornblatt
Phone
4107834900
Supplemental Narrative

Additional Explanations

Form 990 XII Line 2C

“Governance committee tasked with oversight of the organization's audit in 2016 and appointed to act as finance/audit committee. A finance and audit committee was established in july 2018.”

Financial Statement Notes

PART X, LINE 2:

“Mcedc is exempt from federal income tax in accordance with section 501(c)(3) of the internal revenue code, except for income taxed on "unrelated business income", if any. For the years ended june 30, 2021 and 2020, mcedc did not have any "unrelated business income" subject to income taxes; accordingly, no provision or benefit for income taxes has been recorded in the accompanying financial statements and mcedc has not identified any uncertain tax positions that qualify for recognition or disclosure in the notes to the financial statements. Mcedc is required to file and does file tax returns with the irs. While no tax returns of the organization are currently being examined by the irs, tax returns since 2018 remain open for examination.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Expense reimbursement -111,230.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expense reimbursement -111,230.”

Raw XML AppendixShowing 400 of 650 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0THE MONTGOMERY COUNTY ECONOMIC DEVELOPMENT CORPORATION (MCEDC) BRINGS A BIG AND BOLD APPROACH TO ACHIEVING GREATER ECONOMIC COMPETITIVENESS AND PROSPERITY ACROSS MONTGOMERY COUNTY, MD.A NONPROFIT ORGANIZATION WITH A FRESH PUBLIC/PRIVATE PERSPECTIVE, ENTREPRENEURIAL SPIRIT, AND PROACTIVE APPROACH TO ECONOMIC DEVELOPMENT, THE MCEDC IS FOCUSED ON MAXIMIZING MONTGOMERY COUNTY'S RICH DIVERSITY OF PEOPLE, TALENT AND MULTITUDE OF WORKFORCE AND BUSINESS EXPERTISE TO KEEP IT AT THE LEADING EDGE OF TODAY' S HYPER-COMPETITIVE ECONOMIC DEVELOPMENT ENVIRONMENT.CONTINUED ON SCHEDULE OCOMPRISED OF A HIGHLY TALENTED TEAM OF 11 VOTING AND 2 NON-VOTING BOARD MEMBERS, THE MCEDC IS COMMITTED TO UPHOLDING AND EXTENDING THE COUNTY'S VIBRANT COMMUNITY AND LEVERAGING THE ADVANTAGES IT BRINGS FOR THE FUTURE OF BUSINESS ACROSS THE REGION.IN 2020, MCEDC ADMINISTERED THE RESTAURANT RELIEF PROGRAM, TELEWORK ASSISTANCE FUND AND THE LOCAL PRODUCTION FUND ON BEHALF OF MONTGOMERY COUNTY GOVERNMENT.
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IRS990/Form990PartVIISectionAGrp/PersonNm8JEROME FLETCHER
IRS990/Form990PartVIISectionAGrp/PersonNm9CARMEN LARSEN
IRS990/Form990PartVIISectionAGrp/PersonNm10ANGELA GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm11ROBERT G BREWER
IRS990/Form990PartVIISectionAGrp/PersonNm12BENJAMIN WU
IRS990/Form990PartVIISectionAGrp/PersonNm13BRAD STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm14WILLIAM TOMPKINS
IRS990/Form990PartVIISectionAGrp/PersonNm15KRISTIN O'KEEFE
IRS990/Form990PartVIISectionAGrp/PersonNm16DANIEL PARRA
IRS990/Form990PartVIISectionAGrp/PersonNm17STACEY HARDY
IRS990/Form990PartVIISectionAGrp/PersonNm18LYNNE BENZION
IRS990/Form990PartVIISectionAGrp/PersonNm19SARAH MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm20SPIROS BALTAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12245328
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13153693
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14202431
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15121982
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16122174
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17132062
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18139016
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19145168
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20157998
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0EX-OFFICIO MEMBER, BOARD O
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt8EX-OFFICIO MEMBER, BOARD O
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIR, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt13SENIOR VICE PRESIDENT OF BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE VICE PRESIDENT & COO
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT OF MARKETING & COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF BUSINESS D&I
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF ECONOMIC DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP OF STRATEGY
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF ECONOMIC DEVELOPMENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt021785339
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt021976364
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt09
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt021667
IRS990/InsuranceGrp/TotalAmt021667
IRS990/IntangibleAssetsGrp/BOYAmt011680
IRS990/IntangibleAssetsGrp/EOYAmt05586
IRS990/InvestmentIncomeGrp/ExclusionAmt0495
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0495
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0420650
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0627180
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0538703
IRS990/LandBldgEquipCostOrOtherBssAmt0959353
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MARKETING AND BUSINESS DEVELOPMENT TO DRIVE ECONOMIC GROWTH IN MONTGOMERY COUNTY, MARYLAND.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03127543
IRS990/NetAssetsOrFundBalancesEOYAmt02623701
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02310043
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02302133
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0797
IRS990/OccupancyGrp/ManagementAndGeneralAmt048038
IRS990/OccupancyGrp/ProgramServicesAmt0201630
IRS990/OccupancyGrp/TotalAmt0250465
IRS990/OfficeExpensesGrp/FundraisingAmt070
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04149
IRS990/OfficeExpensesGrp/ProgramServicesAmt017969
IRS990/OfficeExpensesGrp/TotalAmt022188
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0915
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt053469
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0231544
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0285928
IRS990/OtherExpensesGrp/Desc0RESTAURANT RELIEF FUND
IRS990/OtherExpensesGrp/Desc1STRATEGIC INITIATIVES
IRS990/OtherExpensesGrp/Desc2BUSINESS DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/ProgramServicesAmt11533329
IRS990/OtherExpensesGrp/ProgramServicesAmt2246538
IRS990/OtherExpensesGrp/ProgramServicesAmt3187811
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IRS990/OtherExpensesGrp/TotalAmt2246538
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07410
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IRS990/PayrollTaxesGrp/FundraisingAmt0574
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IRS990/PayrollTaxesGrp/ProgramServicesAmt0145168
IRS990/PayrollTaxesGrp/TotalAmt0179265
IRS990/PensionPlanContributionsGrp/FundraisingAmt0299
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017455
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt075586
IRS990/PensionPlanContributionsGrp/TotalAmt093340
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt075239
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0111230
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07000252
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherRevenueAmt00
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IRS990/PYRevenuesLessExpensesAmt01020261
IRS990/PYSalariesCompEmpBnftPaidAmt02793183
IRS990/PYTotalExpensesAmt06108581
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07128842
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-503842
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0111230
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0354259
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0359716
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0REIMBURSEMENT INCOME - 2016 AMOUNT: $ 17,009. 2017 AMOUNT: $ 121,473.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt021864639
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07000252
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04982634
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04908187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04460343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt043216055
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0495
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01175
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01949
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0903
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01123
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05645
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0363760
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0121473
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt017009
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0138482
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99670
IRS990ScheduleA/PublicSupportTotal170Amt043216055
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021864639
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07000252
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04982634
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04908187
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04460343
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt043216055
IRS990ScheduleA/TotalSupportAmt043360182
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED

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