2026-04-23T10:02:38-07:00 2025-12-31 521185156 Lydon Fetterolf Corydon PA 9401 Key West Avenue Rockville MD 20850 990 2025-01-01 520857236 Montgomery Village Foundation Inc MONT 3019480110 10120 APPLE RIDGE ROAD montgomery village MD 20886 Karen Kodjanian Interim EVP 2026-04-23 true Jeff Corydon IV CPA CFP P00297218 3019484400 2025 2025-03-06 01:10:19Z Karen Kodjanian 12302270 false X www.montgomeryvillage.com X 1966 MD MONTGOMERY VILLAGE FOUNDATION, INC. (THE FOUNDATION), A NON-PROFIT MEMBERSHIP CORPORATION, WAS FORMED FOR THE PRESERVATION, PROTECTION, AND ENHANCEMENT OF THE VALUES AND AMENITIES IN MONTGOMERY VILLAGE, A PLANNED COMMUNITY. THE FOUNDATION HAS BEEN DELEGATED AND ASSIGNED THE POWERS OF OWNING, MAINTAINING, AND ADMINISTERING THE COMMON PROPERTIES AND FACILITIES, ADMINISTERING AND ENFORCING THE COVENANTS AND RESTRICTIONS, AND COLLECTING AND DISBURSING THE ASSESSMENTS AND CHARGES CREATED BY COVENANTS. MEMBERSHIP IN THE FOUNDATION IS AUTOMATIC WITH THE PURCHASE OF A DWELLINGUNIT IN MONTGOMERY VILLAGE. 9 9 291 52 22332 7894455 8078574 1619047 1817455 521497 471708 925380 893254 10960379 11260991 0 0 5472061 5777781 0 0 3635968 3891837 9108029 9669618 1852350 1591373 29669503 32078439 1765719 1708856 27903784 30369583 X MONTGOMERY VILLAGE FOUNDATION, INC. (THE FOUNDATION), A NON-PROFIT MEMBERSHIP CORPORATION, WAS FORMED FOR THE PRESERVATION, PROTECTION, AND ENHANCEMENT OF THE VALUES AND AMENITIES IN MONTGOMERY VILLAGE, A PLANNED COMMUNITY. THE FOUNDATION HAS BEEN DELEGATED AND ASSIGNED THE POWERS OF OWNING, MAINTAINING, AND ADMINISTERING THE COMMON PROPERTIES AND FACILITIES, ADMINISTERING AND ENFORCING THE COVENANTS AND RESTRICTIONS, AND COLLECTING AND DISBURSING THE ASSESSMENTS AND CHARGES CREATED BY COVENANTS. MEMBERSHIP IN THE FOUNDATION IS AUTOMATIC WITH THE PURCHASE OF A DWELLINGUNIT IN MONTGOMERY VILLAGE. false false 4226160 236594 DESIGNATED USER FACILITIES FUND - PROVIDES FOR THE OPERATION AND MAINTENANCE OF THE COMMUNITY CENTERS, POOLS, AND TENNIS COURTS OWNED BY THE FOUNDATION. ASSESSMENTS ARE LEVIED ONLY ON MEMBERS WHO ARE DESIGNATED TO USE THE FACILITIES. 2144131 22332 MONTGOMERY VILLAGE FOUNDATION FUND - PROVIDES FOR THE GENERAL GOVERNANCE, OPERATION, AND MAINTENANCE OF COMMON PROPERTIES (PARKS AND LAKES), ARCHITECTURAL STANDARDS, AND COMMUNICATIONS. ASSESSMENTS ARE LEVIED ON ALL MEMBERS OF THE FOUNDATION TO SUPPORT THIS FUNCTION. 1131182 1015066 COMMUNITY MANAGEMENT FUND - PROVIDES MANAGEMENT SERVICES, AT COST, TO THE HOMES CORPORATIONS AND CONDOMINIUM ASSOCIATIONS WITHIN MONTGOMERY VILLAGE THAT CONTRACT FOR THE SERVICE. REVENUE IS GENERATED FROM THE USERS OF THIS FUNCTION. 912060 417958 OTHER PROGRAMS - INCLUDES USER FEE PROGRAMS, POPLAR SPRING, RESERVES, AND INVESTMENT IN FIXED ASSETS. 912060 417958 8413533 false false false true false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false true 44 0 true 291 true true true false false false false false false false X 9 9 false false false false true false true true true false false true true true true true true true true false X X Karen Kodjanian 3019480110 10120 apple ridge rd montgomery village MD 208861030 michael conroy Executive VP 40.00 0.00 X 195199 0 35967 karen kodjanian dir comm mgmt 40.00 0.00 175522 0 9563 Daniel Salazar CFO 40.00 0.00 X 163834 0 8247 duncan mullis dir rec & parks 40.00 0.00 141666 0 12973 April Steward Community Manager 40.00 0.00 120407 0 6238 Jason Nicklow Facilities Manager 40.00 0.00 116929 0 6465 Petra Padilla Program Manager 40.00 0.00 114877 0 6425 Adam Polsky Corp. Secretary 40.00 0.00 X 76733 0 3416 Jack Guiragossian Board Member 1.00 0.00 X 0 0 0 scott dyer Past President 1.00 0.00 X X 0 0 0 daniel anderson board member 1.00 0.00 X 0 0 0 doniele ayres President 1.00 0.00 X X 0 0 0 Dick Rabil board member 1.00 0.00 X 0 0 0 John Kozo board member 1.00 0.00 X 0 0 0 brandon coffee-borden board member 1.00 0.00 X 0 0 0 susan prince Vice President 1.00 0.00 X X 0 0 0 Jayaraman Vijayakumar Treasurer 1.00 0.00 X X 0 0 0 Stuart Flatow Board Member 1.00 0.00 X 0 0 0 1105167 89294 12 false true false MLED Tech LLC 6700 Alexander Bell Dr Suite 200 Columbia MD 21046 Solar Panel Installation 308744 brightview landscapes po box 740655 atlanta GA 30374 landscaping 628497 Keller Construction Management 1012 Rising Ridge RD Mount Airy MD 21771 Construction 1196578 Pro Recreation LLC 155 Woodland Rd Rockville MD 20850 Tennis Court Resurface 153000 Dresner Group LLC 5950 Symphony Woods Rd Ste302 Columbia MD 21044 IT Provider 215552 6 7783639 291472 3463 8078574 classes/other program 900099 417958 417958 management fee income 561000 1015066 1015066 Other Fees 900099 125505 125505 pool memberships/rentals 900099 236594 236594 Village News 900099 22332 22332 1817455 357955 357955 0 0 19470 19470 19470 19470 1155032 1041279 113753 113753 113753 0 0 0 assessment collection fees 900099 218198 218198 capital contribution fee 900099 397968 397968 disclosure fees 900099 115325 115325 142293 142293 873784 11260991 2688377 22332 471708 0 0 0 0 483396 423454 59942 0 4059827 2944485 1115342 163130 118314 44816 678395 492021 186374 393033 285056 107977 0 45891 17084 28807 54775 20392 34383 0 0 66902 66902 92732 34523 58209 0 441460 169783 271677 0 0 363545 313754 49791 0 0 0 0 0 1009652 909649 100003 220038 202446 17592 landscape/maintenance 898700 850957 47743 Business Expenses 289450 230673 58777 Program/maintenance supplies 173838 169754 4084 Equipment Maintenance 62505 62505 172349 1168683 -996334 9669618 8413533 1256085 0 1931683 2633107 3612575 2194777 0 680231 1049559 0 0 0 0 33391 139200 27234221 10341191 15374821 16893030 8036802 9168766 0 0 0 0 29669503 32078439 881105 808440 804088 825085 80526 75331 1765719 1708856 X 27903049 30366151 735 3432 27903784 30369583 29669503 32078439 1591373 874426 X false true X true false false false true false 1531597 1009940 521657 1027008 889958 137050 24675616 8441293 16234323 16893030 Finance Lease 75331 75331 X 12068515 874426 874426 11194089 66902 66902 11260991 9602716 9602716 66902 66902 9669618 Part X : FIN48 Footnote THE FOUNDATION IS A NON-STOCK, NON-PROFIT ORGANIZATION WHICH HOLDS TAX-EXEMPT STATUS UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE.PURSUANT TO THE REGULATIONS ISSUED FOR 501(C)(4) TAX EXEMPT ORGANIZATIONS, THE FOUNDATION MUST PRIMARILY ENGAGE IN PROMOTING, IN SOME WAY, THE COMMONGOOD AND GENERAL WELFARE OF THE PEOPLE IN THE COMMUNITY.THE FOUNDATION IS SUBJECT TO TAXATION ON UNRELATED BUSINESS INCOMEACTIVITIES. THERE WERE NO TAX LIABILITIES ON THESE INCOME ACTIVITIES IN2025 OR 2024.THE FOUNDATION HAS ADOPTED FASB ASC 740-10 AND ACCOUNTING STANDARDS UPDATE (ASU) 2009-06. AS PART OF THOSE ADOPTIONS, THE FOUNDATION CONSIDERED THE POSSIBILITY OF UNCERTAIN TAX POSITIONS AND THEIR IMPACT ON THE FINANCIAL POSITION OF THE FOUNDATION. THE MOST SIGNIFICANT TAX POSITIONS OF THE FOUNDATION ARE ITS TAX-EXEMPT STATUS AND THE DETERMINATION OF UNRELATED BUSINESS TAXABLE INCOME. AS OF DECEMBER 31, 2025 AND 2024, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS.THE FOUNDATION ACCRUES INTEREST AND PENALTIES (IF APPLICABLE) IN INCOMETAXES PAYABLE ON THE STATEMENT OF FINANCIAL POSITION AND RECORDS ANY EXPENSE IN THE PROVISION FOR INCOME TAXES IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. THE FOUNDATION HAD NO PENALTIES OR INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024. PURSUANT TO INTERNAL REVENUE SERVICE RULES FOR THE STATUTE OF LIMITATIONS, THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2021. X X X X false false false false false false false false false Daniel Salazar CFO 163834 3083 5164 172081 duncan mullis dir rec & parks 141666 7973 5000 154639 karen kodjanian dir comm mgmt 175522 9563 185085 michael conroy Executive VP 186566 8633 11965 24002 231166 Form 990, Part VI, Section A, Line 6 membership in the foundation is automatic with the purchase of a dwelling unit in Montgomery village. Form 990, Part VI, Section A, Line 7b the members must approve any changes to the bylaws. also, through the representatives, they vote to increase the assessment ceiling. Form 990, Part VI, Section B, Line 11b The form 990 was provided to management for review prior to filing, and a copy was subsequently provided to the mvf board. Form 990, Part VI, Section B, Line 12c conflict of interest is addressed in the mvf board of directors and officers standard of conduct. Form 990, Part VI, Section B, Line 15a compensation for the top management official, the executive vice president, is determined by the board of directors. that position is also included in any compensation surveys performed. Form 990, Part VI, Section B, Line 15b compensation for officers or key employees is approved annually by the board of directors during the budget process. Form 990, Part VI, Section C, Line 19 certain documents are available on the organization's website; others are available upon request.