Powered by CharityEZ

CharityEZ

Charity report ready

ROCKVILLE ECONOMIC DEVELOPMENT INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

ROCKVILLE ECONOMIC DEVELOPMENT INC

EIN 52-2056731 · Community Improvement & Capacity Building (S30Z)

What they do

to IDENTIFY and DEVELOP ECONOMIC OPPORTUNITIES to HELP ROCKVILLE PROSPER.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$99.53spent for every $100 of revenueRevenue covered expenses this year.
$13.10of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$0.89in assets for every $1 spent this yearSome assets cannot be spent right away.
95.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $208,154 for CYNTHIA RIVARDE (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$2,212,860
Expenses$2,202,493
Annual surplus $10,367 Revenue was higher than expenses for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$289,078 · 13.1% of expenses
Grants paid$3,005,326 · 136.5% of expenses
This source amount exceeds total expenses; compare the filing details carefully.
Reported executive compensation (total)$191,145 · 8.7% of expenses
See all reported dollar amounts
Revenue$2,212,860
Expenses$2,202,493
Assets$1,951,429
Income$2,212,860
Contributions$2,109,898
Grants given$3,005,326
Average grant$50,938
Management and general$289,078
Executive compensation (total)$191,145
Accounting fees$121,340
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
CYNTHIA RIVARDECHIEF EXECUTIVE OFFICER · 40 hrs/week $208,154Base $201,969 · Other $6,185
RICHELLE WILSONDEPUTY DIRECTOR · 40 hrs/week $124,294Base $120,617 · Other $3,677
DANETTE NGUYEN UNTIL 122024MWBC MANAGING DIRECTOR · 40 hrs/week $118,148Base $116,389 · Other $1,759

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

CYNTHIA RIVARDECHIEF EXECUTIVE OFFICER

RICHELLE WILSONDEPUTY DIRECTOR

DANETTE NGUYEN UNTIL 122024MWBC MANAGING DIRECTOR

LAVONNE TORRENCE BERNERDIRECTOR

TODD PEARSONTREASURER/SECRETARY

SUZANNE OSBORNDIRECTOR

SUSAN PRINCEIMMEDIATE PAST CHAIR

RICHARD ALVAREZDIRECTOR

NIKHIL BIJLANIDIRECTOR

NICK FULLENKAMPDIRECTOR

NANCY REGELINCHAIR

MUHAMMAD KEHNEMOUYIDIRECTOR

MORGAN SULLIVANDIRECTOR

MONIQUE ASHTONLIAISON

MICHAEL SCOTT UNTIL 924DIRECTOR

MARJI GRAFDIRECTOR

ALTON J HENLEYDIRECTOR

KELLY GROFFDIRECTOR

JUSTIN YANGDIRECTOR

JEFF MIHELICHLIAISON

CLIFF VIERSDIRECTOR

CJ OVERLYDIRECTOR

CARLA MERRITTDIRECTOR

BRIDGET NEWTON UNITL NOV 2023DIRECTOR

BILL TOMPKINS EX-OFFICIODIRECTOR

BEI MAVICE CHAIR

ANGELA CHANEY UNTIL 125DIRECTOR

About this charity

Recognized since
January 1998
Location
51 MONROE STREET PE-20, ROCKVILLE, MD 20850
County
Montgomery
In care of
CYNTHIA RIVARDE
Primary officer
CYNTHIA RIVARDE, CHIEF EXECUTIVE OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(301) 315-8096

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
SNYDER COHN PC
NTEE classification
Community Improvement & Capacity Building (S30Z)
IRS tax category
Civic and Social Organizations
Grant-giving organization
Yes

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free