Public Charity

ROCKVILLE ECONOMIC DEVELOPMENT INC

ROCKVILLE ECONOMIC DEVELOPMENT INC, of ROCKVILLE, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $2.2M in revenue, $2.2M in expenses, $2.0M in total assets. 4 publicly reported grants to this organization, totaling roughly $70K, appear in IRS filings.

EIN: 522056731 ROCKVILLE, MD Latest filing: 2025
Total Revenue$2.2M
Total Expenses$2.2M
Total Assets$2.0M
Grant Records4
Funding Total$70K
Filing Years2021–2025

Mission

TO IDENTIFY AND DEVELOP ECONOMIC OPPORTUNITIES TO HELP ROCKVILLE PROSPER.

Officers & Directors

DIRECTOR Alton J Henley
DIRECTOR Angela Chaney Until 125
VICE CHAIR Bei Ma
DIRECTOR Bill Tompkins Ex-Officio
DIRECTOR Bridget Newton Unitl Nov 2023
DIRECTOR Carla Merritt

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT
$20,000 1 grant
general support
$20,000 1 grant
PARTICIPANT WAGES
$20,000 1 grant
GENERAL SUPPORT
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.2M $2.2M $2.0M
2024 $2.0M $2.2M $1.9M
2023 $2.4M $2.2M $2.4M
2022 $2.5M $2.0M $1.6M
2021 $2.0M $1.7M $1.4M

Between 2021 and 2025, reported annual revenue grew from $2.0M to $2.2M (+13%), with total assets most recently reported at $2.0M.

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

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