Maryland · Nonprofit
MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C
MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C (Maryland) receives grants from 2 organizations whose IRS filings report $85,000 to it, the largest being EXELON FOUNDATION ($60,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $5.1M
- Funders on record
- 2
- Grants received
- $85k
- Net assets
- $1.5M
What Montgomery County Economic Development C does
Mission
Marketing and business development to drive economic growth in montgomery county, maryland.
As stated on its FY2025 Form 990.
Program
Mcedc's efforts resulted in the creation or retention of 1,506 jobs. Through 5,423 business assistances and consultations with 1,050 companies, mcedc supported growth across six key industries, including life sciences, technology, real estate, nonprofit, hospitality, and corporate headquarters. In partnership with the latino economic development center, mcedc administered the accelerating community excellence (ace) loan fund, designed to assist small, minority and woman-owned businesses, with a special emphasis on those in underserved communities.continued on schedule omcedc approved 4 loans totaling $550,000. Of that $300,000 came from the ace loan fund with $250,000 in matching funds from ledc. Three of the loan recipients were montgomery county businesses and the remainder were in targeted zip codes in the state.
$4,415,142 spent$110,953 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $4,415,142.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $7.2M to $2.8M (−61%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 93% · 2018 98% · 2019 98% · 2020 93% · 2021 99% · 2022 98% · 2023 98% · 2024 95% · 2025 96%. Grants only. Government contracts and fees sit inside program revenue.
97% of MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Elana Fine
Chair, board of directors
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2022 and FY2023 filings.
Who funds it, year by year
2020 → 2022: the base held at 1 funder, grant income fell $60k → $25k.
Left out of every figure on this page: $5k from one payer (the payer shares this organization's board, largest Metropolitan Washington Chapter Associated Builders and Contractors Inc). These are real filings, and they are not money MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C raised.
From the IRS filings of MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C leans on a few funders — its largest provides 71% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2020 100% · 2022 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C draws 100% of its grant income from funders outside Maryland, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C receives grants from 2 organizations whose IRS filings report $85k to it.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Government funding MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $350k on record — $300k federal, $50k state.
- Department of Housing and Urban Development$300k
- Grant$50k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C?
- MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C (Maryland) receives grants from 2 organizations whose IRS filings report $85,000 to it, the largest being EXELON FOUNDATION ($60,000). 0 of them have funded it in more than one year.
- How many funders does MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C have?
- IRS filings report 2 organizations giving $85,000 in grants to MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C.
- Who is the largest funder of MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C?
- EXELON FOUNDATION is the largest funder on record, with $60,000 in grants. The full list of funders is on this page.
- How can an organization like MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Montgomery County Economic Development C →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing