Nonprofit · EIN 52-0857236
MONTGOMERY VILLAGE FOUNDATION INC
Tax-exempt · MONTGOMRY VLG, MD 20886
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $11,260,991 | $9,669,618 | $1,591,373 | $32,078,439 | $1,708,856 | $30,369,583 |
| December 31, 2024 | 990 | $10,960,379 | $9,108,029 | $1,852,350 | $29,669,503 | $1,765,719 | $27,903,784 |
| December 31, 2023 | 990 | $11,256,588 | $8,514,295 | $2,742,293 | $27,229,375 | $1,553,655 | $25,675,720 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $8,078,574
- of which government grants
- $291,472
- Membership dues
- $7,783,639
- Program service revenue
- $1,817,455
- Investment income
- $471,708
- Net rental income
- $19,470
- Net gain from sales of assets
- $113,753
- Other revenue
- $893,254
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $483,396
- Other salaries and wages
- $4,059,827
- Salaries, compensation and benefits (total)
- $5,777,781
- Professional fundraising fees
- $0
- Legal fees
- $45,891
- Accounting fees
- $54,775
- Occupancy
- $363,545
- Depreciation
- $1,009,652
- Program services (functional)
- $8,413,533
- Management and general (functional)
- $1,256,085
Balance sheet and other
- Total assets, start of year
- $29,669,503
- Total assets, end of year
- $32,078,439
- Total liabilities, end of year
- $1,708,856
- Net assets, end of year
- $30,369,583
- Land, buildings and equipment
- $16,893,030
- Publicly traded securities
- $9,168,766
- Net assets without donor restrictions
- $30,366,151
- Net assets with donor restrictions
- $3,432
- Gross unrelated business income
- $22,332
- Gross receipts
- $12,302,270
- Employees
- 291
- Volunteers
- 52
- Year formed
- 1966
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| michael conroy | Executive VP Officer | 40 | $195,199 | $35,967 |
| karen kodjanian | dir comm mgmt | 40 | $175,522 | $9,563 |
| Daniel Salazar | CFO Officer | 40 | $163,834 | $8,247 |
| duncan mullis | dir rec & parks | 40 | $141,666 | $12,973 |
| April Steward | Community Manager | 40 | $120,407 | $6,238 |
| Jason Nicklow | Facilities Manager | 40 | $116,929 | $6,465 |
| Petra Padilla | Program Manager | 40 | $114,877 | $6,425 |
| Adam Polsky | Corp. Secretary Officer | 40 | $76,733 | $3,416 |
| Jack Guiragossian | Board Member Trustee or director | 1 | $0 | $0 |
| scott dyer | Past President Trustee or director, Officer | 1 | $0 | $0 |
| daniel anderson | board member Trustee or director | 1 | $0 | $0 |
| doniele ayres | President Trustee or director, Officer | 1 | $0 | $0 |
| Dick Rabil | board member Trustee or director | 1 | $0 | $0 |
| John Kozo | board member Trustee or director | 1 | $0 | $0 |
| brandon coffee-borden | board member Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| susan prince | Vice President Trustee or director, Officer | 1 | $0 |
| Jayaraman Vijayakumar | Treasurer Trustee or director, Officer | 1 | $0 |
| Stuart Flatow | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| michael conroy | Executive VP Officer | 40 | $181,600 | $36,714 |
| Christopher Hitchens | Corp. Secretary Officer | 40 | $168,790 | $9,317 |
| Daniel Salazar | CFO Officer | 40 | $156,243 | $7,853 |
| karen kodjanian | dir comm mgmt | 40 | $154,911 | $8,491 |
| duncan mullis | dir rec & parks | 40 | $135,554 | $12,630 |
| Jason Nicklow | Facilities Manager | 40 | $114,189 | $6,245 |
| April Steward | Community Manager | 40 | $113,001 | $5,977 |
| Petra Padilla | Program Manager | 40 | $111,830 | $6,117 |
| Jack Guiragossian | Board Member Trustee or director | 1 | $0 | $0 |
| scott dyer | Board Member Trustee or director, Officer | 1 | $0 | $0 |
| daniel anderson | board member Trustee or director | 1 | $0 | $0 |
| doniele ayres | President Trustee or director, Officer | 1 | $0 | $0 |
| Dick Rabil | board member Trustee or director | 1 | $0 | $0 |
| pamela bort | board member Trustee or director | 1 | $0 | $0 |
| brandon coffee-borden | board member Trustee or director | 1 | $0 | $0 |
| susan prince | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Tom Wills | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Stuart Flatow | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| michael conroy | Executive VP Officer | 40 | $161,447 | $33,139 |
| Christopher Hitchens | Corp. Secretary Officer | 40 | $160,645 | $8,859 |
| karen kodjanian | dir comm mgmt | 40 | $148,527 | $8,132 |
| Daniel Salazar | CFO Officer | 40 | $148,123 | $7,454 |
| duncan mullis | dir rec & parks | 40 | $125,135 | $12,028 |
| Petra Padilla | Program Manager | 40 | $107,243 | $5,901 |
| April Steward | Community Manager | 40 | $107,473 | $5,518 |
| Jason Nicklow | Facilities Manager | 40 | $102,993 | $5,144 |
| Jack Guiragossian | Board Member Trustee or director | 1 | $0 | $0 |
| scott dyer | President Trustee or director, Officer | 1 | $0 | $0 |
| stephen taylor | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| daniel anderson | board member Trustee or director | 1 | $0 | $0 |
| doniele ayres | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Dick Rabil | board member Trustee or director | 1 | $0 | $0 |
| pamela bort | board member Trustee or director | 1 | $0 | $0 |
| brandon coffee-borden | board member Trustee or director | 1 | $0 | $0 |
| juan-manuel carillo | board member Trustee or director | 1 | $0 | $0 |
| susan prince | board member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10120 APPLE RIDGE RD, MONTGOMRY VLG, MD 20886-1030
- In care of
- % MONT
- Principal officer (990 for 2025)
- Karen Kodjanian
- Signed the 990
- Karen Kodjanian, Interim EVP
- Phone
- (301) 948-0110
- Website
- www.montgomeryvillage.com
- Return prepared by
- Lydon Fetterolf Corydon PA
Mission
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.
Program accomplishments
- 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.Expenses $4,226,160 · revenue $236,594
- 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.Expenses $2,144,131 · revenue $22,332
- 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.Expenses $1,131,182 · revenue $1,015,066
- OTHER PROGRAMS - INCLUDES USER FEE PROGRAMS, POPLAR SPRING, RESERVES, AND INVESTMENT IN FIXED ASSETS.Expenses $912,060 · revenue $417,958
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-0857236
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $32,078,439
- Income (IRS master file)
- $12,302,270
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $11,260,991 | $9,669,618 | $32,078,439 | XML |
| 990 | December 2024 | $10,960,379 | $9,108,029 | $29,669,503 | XML |
| 990 | December 2023 | $11,256,588 | $8,514,295 | $27,229,375 | XML |
| 990 | December 2022 | $9,681,007 | $8,124,909 | $23,968,372 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-0857236).
Questions about MONTGOMERY VILLAGE FOUNDATION INC
- What is the EIN of MONTGOMERY VILLAGE FOUNDATION INC?
- The employer identification number (EIN) of MONTGOMERY VILLAGE FOUNDATION INC is 52-0857236.
- Is MONTGOMERY VILLAGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1968.
- Are donations to MONTGOMERY VILLAGE FOUNDATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MONTGOMERY VILLAGE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MONTGOMERY VILLAGE FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MONTGOMERY VILLAGE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MONTGOMERY VILLAGE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names Karen Kodjanian.
- Who are the officers and directors of MONTGOMERY VILLAGE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 18 people; 8 received compensation from the organization, the highest $195,199 (michael conroy, Executive VP).
- How much revenue does MONTGOMERY VILLAGE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $11,260,991, expenses of $9,669,618 and total assets of $32,078,439 at year end.
Other nonprofits in MONTGOMRY VLG
- COMMUNITY SERVICES FOR AUTISTIC ADULTS AND CHILDREN EIN 52-1263443 · last filed 990 for 2025
- GEORGETOWN HILL CHILD CARE CENTER INC EIN 52-1232664 · last filed 990 for 2024
- STEDWICK HOMES CORPORATION EIN 52-0858338 · last filed 990 for 2025
- EAST VILLAGE HOMES CORPORATION EIN 52-1377643 · last filed 990 for 2025
- PATTON RIDGE HOMES CORPORATION EIN 23-7289163 · last filed 990 for 2025
- DOUGLASS LEADERSHIP INSTITUTE INC EIN 47-4951579 · last filed 990 for 2025
- SOUTH VILLAGE HOME CORP EIN 52-1143226 · last filed 990 for 2025
- NORTH VILLAGE HOMES CORPORATION EIN 52-1150978 · last filed 990 for 2025