2026-01-27T11:06:38-06:00 2025-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-07-01 300495881 MONTGOMERY COUNTY CHAMBER COMMUNITY FOUNDATION INC MONT 3017380015 51 MONROE STREET 1800 ROCKVILLE MD 20850 CECILIA VERGARA CFO 3017380015 2026-01-27 1 0 ELIZABETH W HELLER P00397829 3019519090 2024 2025-03-06 01:10:19Z BARBARA ASHE 51 MONROE STREET 1800 ROCKVILLE MD 20850 2530636 0 X WWW.MONTGOMERYCOUNTYCHAMBER.COM/FOUNDATION X 2008 MD SEE PART III, LINE 1. 25 24 0 190 0 0 1712289 2182063 18721 221826 67211 35736 -2086 11123 1796135 2450748 2500 2500 0 0 1019507 1374218 0 0 53015 757450 1071453 1779457 2448171 16678 2577 1737318 1280938 1552995 1094038 184323 186900 EDUCATION OF THE PUBLIC IN MONTGOMERY COUNTY, SURROUNDING REGIONS, AND NATIONALLY, IN VETERAN'S INSTITUTE FOR PROCUREMENT, PUBLIC SAFETY, HEALTH AND WELLNESS AND OTHER COMMUNITY-RELATED ISSUES. 0 0 2117855 221826 VETERAN'S INSTITUTE FOR PROCUREMENT - A NATIONAL EDUCATIONAL TRAINING PROGRAM FOR VETERAN BUSINESS OWNERS, PRINCIPALS AND C-LEVEL EXECUTIVES, PROVIDED AT NO COST TO PARTICIPANTS AND FUNDED ENTIRELY BY THE FOUNDATION AND VIP SPONSORS. 2500 2500 PSA SCHOLARSHIP - PROGRAM THAT PROVIDES SCHOLARSHIP FUNDS TO MONTGOMERY COLLEGE FOUNDATION, FOR THE USE OF THEIR PUBLIC SERVANTS' CHILDREN'S COLLEGE TUITION. 2120355 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 MD X CECILIA VERGARA 3017380015 51 MONROE STREET 1800 ROCKVILLE MD 20850 X BARBARA ASHE PRESIDENT 35.00 X X 233956 0 7492 GEORGETTE GODWIN TREASURER, (UNTIL 8/2024) 2.00 X X 1480 0 156 DAVID HARGADON TREASURER, (FROM 10/2024) 2.00 X X 0 0 0 WAYNE M GATEWOOD DIRECTOR 2.00 X 0 0 0 DONNA DOMINGUEZ DIRECTOR 2.00 X 0 0 0 ANTONIO FRANCO DIRECTOR 2.00 X 0 0 0 JOHN A MOORE III DIRECTOR 2.00 X 0 0 0 LINDA HOUK DIRECTOR 2.00 X 0 0 0 LISA CINES DIRECTOR 2.00 X 0 0 0 ERIC LOCHAUSEN DIRECTOR 2.00 X 0 0 0 CARLOS RIVERA DIRECTOR 2.00 X 0 0 0 MICHAEL SANDERS DIRECTOR 2.00 X 0 0 0 ERIN ALLEN DIRECTOR 2.00 X 0 0 0 CHRISTINE WILLIAMSON DIRECTOR 2.00 X 0 0 0 JOHN ZUCCARO DIRECTOR 2.00 X 0 0 0 ALEXANDER FAKERI DIRECTOR 2.00 X 0 0 0 FRANCES MURPHY DIRECTOR 2.00 X 0 0 0 RJ BLAKE DIRECTOR 2.00 X 0 0 0 ERICA DOBBS DIRECTOR 2.00 X 0 0 0 JOHN PRIBNOW DIRECTOR 2.00 X 0 0 0 RICK INGAVO DIRECTOR 2.00 X 0 0 0 BEDE RAMCHARAN DIRECTOR 2.00 X 0 0 0 ANGELA FRANCO DIRECTOR 2.00 X 0 0 0 ANNE KHADEMIAN DIRECTOR 2.00 X 0 0 0 LEWIS RUNNION DIRECTOR 2.00 X 0 0 0 MARLIE ANDERSCH DIRECTOR 2.00 X 0 0 0 CECILIA VERGARA CHIEF FINANCIAL OFFICER 20.00 X 96606 0 12741 PATRICIA BROWN VP OPERATIONS 50.00 X 156028 0 9049 BRIAN BROOKS DIRECTOR OF MARKETING 50.00 X 148753 0 15051 636823 0 44489 3 0 1 0 VERA CONSULTING 5204 SARATOGA AVE CHEVY CHASE MD 20815 PROGRAM SUPPORT 172892 1 177095 1887750 117218 2182063 CONTRACT REVENUE 900099 198826 198826 EVENT REGISTRATIONS 900099 23000 23000 221826 35736 35736 36911 177095 50863 -13952 -13952 54100 29025 25075 25075 2450748 221826 0 46859 2500 2500 443307 245197 181487 16623 690583 623871 43650 23062 38740 32628 4679 1433 83438 71255 8549 3634 118150 91423 22320 4407 33543 32867 503 173 208332 199466 6596 2270 53660 49261 3663 736 660 647 10 3 20289 20071 181 37 712972 712594 314 64 23797 23797 8304 6423 1566 315 3692 2856 696 140 DUES, SUBS. & REG. 3114 2409 587 118 EQUIPMENT 3090 3090 2448171 2120355 274801 53015 312710 60062 1113374 719110 276283 466963 3000 16231 21387 59800 54384 13720 5416 5000 5000 1737318 1280938 145259 261546 1214985 657437 192751 175055 1552995 1094038 X 184323 186900 184323 186900 1737318 1280938 2577 0 X 0 1 X 1 1 1 X 949667 1125985 1188839 1712289 2182063 7158843 949667 1125985 1188839 1712289 2182063 7158843 184388 6974455 353 125 16925 67211 35736 120350 11437 6842 18279 343 343 7297815 793027 0.95570 0.94190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59800 54384 5416 5416 DUE TO MONTGOMERY COUNTY CHAMBER 175055 175055 2763096 232460 79888 312348 2450748 0 2450748 2760519 232460 79888 312348 2448171 0 2448171 PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES, REPORTED AS AN EXPENSE ON FINANCIAL 79,888. STATEMENTS AND NETTED AGAINST INCOME ON FORM 990, PART VIII, LINE 8C. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES, REPORTED AS AN EXPENSE ON FINANCIAL 79,888. STATEMENTS AND NETTED AGAINST INCOME ON FORM 990, PART VIII, LINE 8C. GOLF TOURNAMENT 214006 177095 36911 31320 4072 15471 214006 177095 36911 31320 4072 15471 50863 -13952 54100 29025 0 54100 29025 29025 25075 MD 1 0 1 0 1.00000 CECILIA VERGARA 51 MONROE STREET ROCKVILLE MD 20850 0 CECILIA VERGARA PREPARES BANK DEPOSITS, RECORDS. X 0 0 0 0 0 0 0 0 1 0 BARBARA ASHE PRESIDENT 213956 0 20000 0 0 0 7019 0 473 0 241448 0 0 0 PATRICIA BROWN VP OPERATIONS 141028 0 15000 0 0 0 4681 0 4368 0 165077 0 0 0 BRIAN BROOKS DIRECTOR OF MARKETING 136753 0 12000 0 0 0 4463 0 10588 0 163804 0 0 0 PART I, LINE 3 THE FOUNDATION SHARES EMPLOYEES WITH THE MONTGOMERY COUNTY CHAMBER OF COMMERCE, ANOTHER NOT-FOR-PROFIT ORGANIZATION WITH WHICH IT SHARES COMMON GOALS. FOR TAX PURPOSES, THE TWO ORGANIZATIONS ARE NOT CONSIDERED RELATED. THE MONTGOMERY COUNTY CHAMBER OF COMMERCE USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE PRESIDENT & CEO: - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED PERFORMANCE INCENTIVE BONUSES: - BARBARA ASHE $20,000 - PATRICIA BROWN $15,000 - BRIAN BROOKS $12,000 - CECILIA VERGARA $5,000 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY INDEPENDENT TAX PREPARERS AND REVIEWED BY MANAGEMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT MUST BE SIGNED BY ALL PARTIES (STAFF, BOARD, OFFICERS, AND VOLUNTEERS) AT THE BEGINNING OF THE TERM OF SERVICES. FAILURE TO SIGN DOES NOT NULLIFY THE POLICY. THE POLICY STATES THAT THE MEMBER MUST FULLY DISCLOSE, AT THE EARLIEST OPPORTUNITY, INFORMATION THAT MAY RESULT IN A PERCEIVED OR ACTUAL CONFLICT OF INTEREST OR INFORMATION OF FACT THAT WOULD HAVE SIGNIFICANCE IN BOARD DECISION-MAKING. IN CASE OF A CONFLICT OF INTEREST THE BOARD MEMBER RECUSES HIM OR HERSELF FROM VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION SHARES EMPLOYEES WITH THE MONTGOMERY COUNTY CHAMBER OF COMMERCE, ANOTHER NOT-FOR-PROFIT ORGANIZATION WITH COMMON GOALS. FOR TAX PURPOSES, THE TWO ORGANIZATIONS ARE NOT CONSIDERED RELATED. THE MONTGOMERY COUNTY CHAMBER OF COMMERCE'S COMPENSATION PRACTICES ARE AS FOLLOWS: COMPENSATION OF THE ORGANIZATION'S PRESIDENT AND CEO IS DECIDED BY THE BOARD OF DIRECTORS. THIS PROCESS INCLUDES THE USE OF COMPARABILITY DATA. THE DECISION IS DOCUMENTED AND IS KEPT IN THE PERSONNEL FILE. COMPENSATION FOR ALL OTHER KEY EMPLOYEES AND STAFF IS DETERMINED BY THE CEO AS WRITTEN IN THE ORGANIZATION'S BY-LAWS. THIS PROCESS ALSO INCLUDES THE USE OF COMPARABILITY DATA. THE LAST SALARY REVIEW OCCURRED IN SEPTEMBER 2025. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: THE PRESIDENT AND TREASURER ARE COMPENSATED AS EMPLOYEES OF THE FOUNDATION, AND NOT WITH RESPECT TO THEIR ROLES AS OFFICERS ON THE BOARD OF DIRECTORS. MONTGOMERY COUNTY CHAMBER OF COMMERCE (MCCC) AND MONTGOMERY COUNTY CHAMBER COMMUNITY FOUNDATION (MCCCF) HAVE ENTERED INTO A COST-SHARING ARRANGEMENT WHEREBY MCCCF REIMBURSES MCCC, THE COMMON PAYMASTER FOR THE TWO ORGANIZATIONS, WHICH ISSUES THE W-2S, FOR MCCCF'S ALLOCABLE SHARE OF THE COMPENSATION OF CERTAIN EMPLOYEES FOR SERVICES PROVIDED FOR MCCCF. THE TWO ORGANIZATIONS ARE NOT "RELATED ORGANIZATIONS" AS THAT TERM IS DEFINED IN THE FORM 990 GLOSSARY. PART VII, SECTION A REFLECTS THE COMPENSATION ALLOCATED TO MCCCF.