EIN 52-0857236

Montgomery Village Foundation

IRS 501(c) type
501(c)(4)
Num. employees
257
Year formed
1966
Most recent tax filings
2023-12-01
Description
Montgomery Village is home to more than 40,000 residents, and is located in the heart of Montgomery County, Maryland. The Village is conveniently located close to Washington, D.C. and Baltimore, with the technology corridor in between. With growing employment and plenty of amenities, Montgomery Village is home to an abundance of rolling green hills, beautiful parks, lakes and cherry blossoms. Montgomery Village is the ideal place for singles looking to establish themselves, families to thrive or seniors to begin the next phase of their lives.
Total revenues
$11,256,588
2023
Total expenses
$8,514,295
2023
Total assets
$27,229,375
2023
Num. employees
257
2023

Program areas at Montgomery Village Foundation

Designated user facilities fund - provides for the operation and maintenance of the community centers, pools, and tennis courts owned by the Foundation. Assessments are levied only on members who are designated to use the facilities.
Community management fund - provides management services, at cost, to the homes corporations and condominium associations within Montgomery Village that contract for the service. Revenue is generated from the users of this function.
Montgomery Village Foundation fund - provides for the general governance, operation, and maintenance of common properties (parks and lakes), architectural standards, and communications. Assessments are levied on all members of the Foundation to support this function.

Personnel at Montgomery Village Foundation

NameTitleCompensation
Daniel SalazarChief Financial Officer$148,123
David HumptonExecutive Vice President$215,059
Duncan MullisDirector Rec and Parks$125,135
Karen KodjanianDirector Comm Management$148,527
April StewardCommunity Manager$107,473
...and 4 more key personnel

Financials for Montgomery Village Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$8,639,484
Program services$1,513,987
Investment income and dividends$211,118
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$20,071
Net gain from sale of non-inventory assets$-3,740
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$875,668
Total revenues$11,256,588

Form 990s for Montgomery Village Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-02990View PDF
2022-122023-06-09990View PDF
2021-122022-06-08990View PDF
2020-122021-06-09990View PDF
2019-122020-09-11990View PDF
...and 9 more Form 990s
Data update history
May 23, 2024
Updated personnel
Identified 2 new personnel
May 20, 2024
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 31, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsBusiness and community development organizations
Issues
Community improvement
Characteristics
MembershipsState / local levelReceives government funding
General information
Address
10120 Apple Ridge Rd
Montgomery Village, MD 20886
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
montgomeryvillage.com/mvf 
Phone
(301) 948-0110
Facebook page
MontVillageMD 
Twitter profile
@montvillagemd 
IRS details
EIN
52-0857236
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1966
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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