EIN 52-0857236

Montgomery Village Foundation

IRS 501(c) type
501(c)(4)
Num. employees
245
Year formed
1966
Most recent tax filings
2022-12-01
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
$9,681,007
2022
Total expenses
$8,124,909
2022
Total assets
$23,968,372
2022
Num. employees
245
2022

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.
Other programs - includes user fee programs, poplar spring, reserves, and investment in fixed assets.
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$142,098
David HumptonExecutive Vice President$215,059
Duncan MullisDirector Rec and Parks$118,408
Karen KodjanianDirector Comm Management$137,888
April StewardCommunity Manager$100,911
...and 7 more key personnel

Financials for Montgomery Village Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$7,289,473
Program services$1,368,527
Investment income and dividends$147,059
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$19,486
Net gain from sale of non-inventory assets$-48,549
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$905,011
Total revenues$9,681,007

Form 990s for Montgomery Village Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-09990View PDF
2021-122022-06-08990View PDF
2020-122021-06-09990View PDF
2019-122020-09-11990View PDF
2018-122019-06-19990View PDF
...and 8 more Form 990s
Data update history
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 31, 2023
Updated personnel
Identified 3 new personnel
July 25, 2023
Updated personnel
Identified 1 new personnel
May 21, 2023
Updated personnel
Identified 3 new personnel
May 12, 2023
Used new vendors
Identified 1 new vendor, including
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/ 
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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