Rockville Economic Development Inc.

Fiscal year ending 2024. Filed on January 29, 2025.

51 Monroe Street Pe-20
Rockville, Maryland 20850

Rockville Economic Development Inc. (EIN: 52-2056731) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Rockville Economic Development Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 15 total employees. Among the employees shown here, the average compensation is $148,472. The highest compensated employee at Rockville Economic Development Inc. is Cynthia Rivarde with fiscal year 2024 compensation of $207,026.

Revenue, expenses, and employee compensation

Revenue

$1,994,068

Expenses

$2,212,207

Employee compensation

$1,083,178

Reported Compensated Employees

Cynthia Rivarde

Chief Executive Officer

$207,026

$199,657 No related comp$7,369

Richelle Wilson

Deputy Director

$121,839

$117,170 No related comp$4,669

Danette Nguyen

MWBC Managing Director

$116,550

$111,963 No related comp$4,587

Non-Employee Board Members

Barack Matite Until 112023

Bill Tompkins Ex-Officio

Bridget Newton Unitl Nov 2023

Mission Statement

TO IDENTIFY AND DEVELOP ECONOMIC OPPORTUNITIES TO HELP ROCKVILLE PROSPER.

Revisions to this organization profile

January 29, 2025:

2024 Rockville Economic Development Inc. 990 filed

March 8, 2024:

2023 Rockville Economic Development Inc. 990 filed

March 14, 2023:

2022 Rockville Economic Development Inc. 990 filed

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