Montgomery Council K-C Building Corporation
- Assets
- $456.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Derwood, MD
- Founding
- 04/1969
- Data as of
- 06/2024
- EIN
- 52-0850908
Organization Overview
Montgomery Council K-C Building Corporation is located in Derwood, MD. The organization was established in 1969. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montgomery Council K-C Building Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2024, Montgomery Council K-C Building Corporation generated $91.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $64.7k during the year ending 06/2024. While expenses have increased by 1.6% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mongelli President | 0 | $0 | |
Kevin Bean Vice Preside | 0 | $0 | |
Patrick Gilroy Treasurer | 0 | $0 | |
Mark Lynch Secretary | 0 | $0 | |
Michael Bean Director | 0 | $0 | |
Matthew Mongelli Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $91,735 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,735 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $64,712 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $64,712 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $378,799 |
| Other assets | $0 |
| Total assets | $456,107 |
| Total liabilities | $1,184 |
| Net assets or fund balances | $454,923 |