Public Charity

MONTGOMERY COUNTY DEVELOPMENT CORPORATION

MONTGOMERY COUNTY DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in NORRISTOWN, PA. Its most recent IRS filing (2019) reports revenue of $118K, expenses of $81K, total assets of $1.3M. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $297K.

EIN: 232334149 NORRISTOWN, PA General Support NTEE: DEFAULT Latest filing: 2019
Total Revenue$118K
Total Expenses$81K
Total Assets$1.3M
Grant Records4
Funding Total$297K
Filing Years2017–2019

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.

Officers & Directors

SECRETARY Barry Cohen
BOARD MEMBER David Dormont
BOARD MEMBER David R Crews
BOARD MEMBER Dr Brian Regli
BOARD MEMBER James Fendrick
CHAIR Jerry Gorski

Officer compensation and complete director data available with membership.

Top Grant Purposes

ECONOMIC DEVELOPMENT AND SUPPORTING GROWING BUSINESSES
$164,244 2 grants
Economic Development
$71,248 1 grant
ECON DEVELOPMENT
$61,378 1 grant

Financial Trends

Year Revenue Expenses Assets
2019 $118K $81K $1.3M
2018 $420K $143K $1.3M
2017 $689K $209K $1.1M

Between 2017 and 2019, reported annual revenue declined from $689K to $118K (-83%), with total assets most recently reported at $1.3M.

Interactive year-over-year charts and full filing details available with membership.

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