Mission
MARKETING AND BUSINESS DEVELOPMENT TO DRIVE ECONOMIC GROWTH IN MONTGOMERY COUNTY, MARYLAND.
Public Charity
MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C
Based in ROCKVILLE, MD, MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C operates as a Public Charity. The organization reported $5.1M in revenue, $5.5M in expenses, $4.2M in total assets for fiscal year 2025. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $5K.
EIN: 810717388
ROCKVILLE, MD
Economic Development
NTEE: S30
Latest filing: 2025
Total Revenue$5.1M
Total Expenses$5.5M
Total Assets$4.2M
Grant Records1
Funding Total$5K
Filing Years2021–2025
Where $100 goes at Montgomery County Economic Development C
How Montgomery County Economic Development C divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$84
Programs
the work itself
$16
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $84 for programs
$84
Mcedc's efforts resulted in the creation or retention of 1,506 jobs
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
SPONSORSHIP OF MONTGOMERY COUNTY BUSINESS ROUNDTABLE
$5,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
MEMBER, BOARD OF DIRECTORS
Andy Chod
EX-OFFICIO MEMBER, BOARD OF DIRECTORS
Anthony Featherston
PRESIDENT AND CEO
Bill Tompkins
MEMBER, BOARD OF DIRECTORS
Cherlyn Freeman-Watkins
EX-OFFICIO MEMBER, BOARD OF DIRECTORS
Councilmember Marilyn Balcombe
SECRETARY, BOARD OF DIRECTORS
Devang Shah
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.1M | $5.5M | $4.2M |
| 2024 | $6.2M | $6.3M | $4.7M |
| 2023 | $7.2M | $6.9M | $4.6M |
| 2022 | $7.9M | $8.9M | $2.8M |
| 2021 | $22.0M | $22.5M | $7.2M |
Between 2021 and 2025, reported annual revenue declined from $22.0M to $5.1M (-77%), with total assets most recently reported at $4.2M.
Interactive year-over-year charts and full filing details available with membership.