Rockville Economic Development Inc
TO IDENTIFY AND DEVELOP ECONOMIC OPPORTUNITIES TO HELP ROCKVILLE PROSPER.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.9M
-20.2% YoY
Annual Giving
$398K
-32.9% YoY
Grant Count
11
+10.0% YoY
Avg Grant Size
$36K
-39.0% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,882,929 | $2,358,526 | $1,644,147 |
| Revenue | $1,994,068 | $2,382,137 | $2,488,151 |
| Expenses | $2,212,207 | $2,232,723 | $2,026,342 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,473 | $637 | $71 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Rockville Economic Development Inc fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN PRINCE | CHAIR | 4 | — |
| NANCY REGELIN | VICE CHAIR | 1 | — |
| BEI MA | VICE CHAIR | 1 | — |
| TODD PEARSON | TREASURER | 4 | — |
| NIKHIL BIJLANI | DIRECTOR | 1 | — |
| SUZANNE OSBORN | DIRECTOR | 1 | — |
| MARJI GRAF | DIRECTOR | 1 | — |
| RICHARD ALVAREZ | DIRECTOR | 1 | — |
| BRIDGET NEWTON UNITL NOV 2023 | DIRECTOR | 1 | — |
| ANGELA CHANEY | DIRECTOR | 1 | — |
| MORGAN SULLIVAN | DIRECTOR | 1 | — |
| MICHAEL SCOTT | DIRECTOR | 1 | — |
| BEN ANSTROM | DIRECTOR | 1 | — |
| LAVONNE TORRENCE BERNER | DIRECTOR | 1 | — |
| CLIFF VIERS | DIRECTOR | 1 | — |
| JUSTIN YANG | DIRECTOR | 1 | — |
| ALTON J HENLEY | DIRECTOR | 1 | — |
| ROB DISPIRITO UNTIL 92023 | DIRECTOR | 1 | — |
| NICK FULLENKAMP | DIRECTOR | 1 | — |
| KELLY GROFF | DIRECTOR | 1 | — |
| BARACK MATITE UNTIL 112023 | DIRECTOR | 1 | — |
| CRAIG SIMONEAU | DIRECTOR | 1 | — |
| CARLA MERRITT | DIRECTOR | 1 | — |
| MONIQUE ASHTON SINCE NOV 2023 | DIRECTOR | 1 | — |
| BILL TOMPKINS EX-OFFICIO | DIRECTOR | 1 | — |
| CYNTHIA RIVARDE | CHIEF EXECUTIVE OFFICER | 40 | $199,657 |
| RICHELLE WILSON | DEPUTY DIRECTOR | 40 | $117,170 |
| DANETTE NGUYEN | MWBC MANAGING DIRECTOR | 40 | $111,963 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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