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Filing year 2023

MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C

Rockville, Maryland·EIN 81-0717388·NTEE S30 · Community Improvement & Capacity Building·3
Total revenue
$6.2M
Total assets
$4.7M
Total expenses
$6.3M
Reported officers
24
Mission

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

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
President and CEO
$346k
$379k
Svp, Business Development (outgoing)
senior vice president
$212k
$232k
VP of Marketing & Communication
vice president
$188k
$206k
VP of Operations
vice president
$185k
$202k
Director of Economic Devel (outgoing)
highest compensated employee
$184k
$202k
Diretor of Economic Development
highest compensated employee
$174k
$191k
Business Community Engagement Manager
highest compensated employee
$133k
$146k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 56%
from 2022

From $222k in 2022 to $346k in 2023.

$222k
2022
$346k
2023
In today's dollarsEst.
Up 51% in real terms$251k to $379k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MONTGOMERY COUNTY ECONOMIC DEVELOPMENT C reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.2M
$6.9M
2022
$6.2M
$6.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Maryland

Comparable community improvement & capacity building organizations in Maryland pay their highest-earning executive a median of $105,636.

25th percentile
$62k
Median
$105,636
75th percentile
$175k
90th percentile
$282k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 222 organizations across 222 filings (2022 – 2024).

See full Community Improvement & Capacity Building pay data for Maryland
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