Montgomery County Economic Development C

Community development organization based in Rockville, MD. 30 employees. Exempt under §501(c)(3).

MissionMARKETING AND BUSINESS DEVELOPMENT TO DRIVE ECONOMIC GROWTH IN MONTGOMERY COUNTY, MARYLAND.

EIN
81-0717388
State
MD
Sector
Community development
Budget band
$5M–$10M
Latest filing
TY 2023
Records
6 officers · 5 years

Financial snapshot · TY 2023

$6.2M
Total revenue
$6.3M
Total expenses
$4.7M
Net assets

Financial health · TY 2023

45
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
19
3.4 months of expenses
Program efficiency
89
85.7% spent on programs
Revenue diversity
8
Mix of program fees, grants & contributions

Leadership compensation

Bill Tompkins
PRESIDENT AND CEO
$345,558
92th percentile vs. peers
Brad Stewart
SVP, BUSINESS DEVELOPMENT (OUTGOING)
$211,710
84th percentile vs. peers
Michael Mitchell
VP OF MARKETING & COMMUNICATION
$187,877
77th percentile vs. peers
Stacey Hardy
VP OF OPERATIONS
$184,523
69th percentile vs. peers
Lynne Benzion
DIRECTOR OF ECONOMIC DEVEL (OUTGOING)
$184,273
84th percentile vs. peers

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Montgomery County Economic Development C Executive Compensation | 990 Data | DoubleNine