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Montgomery County Park Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521788782 ✦ Wheaton, MD ✦ Designated as a 501(c)(3)

Overview

What is Montgomery County Park Foundation Inc?

Montgomery County Park Foundation Inc, based in Wheaton, Maryland, is a nonprofit organization dedicated to supporting Montgomery Parks. Their mission is to alleviate governmental burdens and serve the residents of Montgomery County by utilizing private funding sources. They achieve this objective by promoting, protecting, utilizing, and developing parkland owned or operated by M-NCPPC, also known as the Montgomery Park System. Specifically, they provide financial assistance through direct expense payments for grants, thereby contributing to the enhancement and preservation of public parks in the region.


Official website here: www.montgomeryparksfoundation.org

Is Montgomery County Park Foundation Inc legitimate?

Montgomery County Park Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery County Park Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.montgomeryparksfoundation.org

What is the mission statement of Montgomery County Park Foundation Inc?

The Montgomery County Park Foundation Inc's mission is to alleviate governmental responsibilities while serving and catering to the residents of Montgomery County, Maryland. They accomplish this by utilizing private funding sources to promote, protect, utilize, and develop park land located within Montgomery County, which is managed by the Montgomery Park System. The primary objective of the foundation is to lessen the financial burden on the government in providing facilities for the community, thereby enhancing the quality of life for its residents. The foundation supports Montgomery Parks by covering the direct expenses of grants.


Official website here: www.montgomeryparksfoundation.org

Who is the CEO of Montgomery County Park Foundation Inc?

Katie Rictor is the President (January To September) of Montgomery County Park Foundation Inc.


Official website here: www.montgomeryparksfoundation.org

What is the revenue of Montgomery County Park Foundation Inc?

Montgomery County Park Foundation Inc's revenue in 2022 was $648,544.


Official website here: www.montgomeryparksfoundation.org

Who are the executives of Montgomery County Park Foundation Inc and what are their salaries?

Here are 10 key members and their salaries:

    Katie Rictor (Executive Director)
  • Compensation: $0
  • Related: $118,224
  • Other: $0

    • John Robinson (President (January To September)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marye Wells-Harley (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clara Lovett (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Devin Ellis (President (September To December)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rhonda Cunningham Holmes (At-Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Royce Hanson (At-Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Houlihan (At-Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trish Heffelfinger (At-Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawn Jenkins (At-Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.montgomeryparksfoundation.org

    Where can I find the form 990 for Montgomery County Park Foundation Inc?

    The Montgomery County Park Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.montgomeryparksfoundation.org

    Learn more at the official website: www.montgomeryparksfoundation.org

    Mission Statement of Montgomery County Park Foundation Inc

    Montgomery County Park Foundation Inc, as a dedicated organization, aims to alleviate governmental burdens while serving the residents of Montgomery County, Maryland. They accomplish this by utilizing private funding sources to promote, protect, utilize, and develop parkland located within Montgomery County and managed by the Montgomery Park System. The primary goal of this foundation is to enhance the quality of life for the county's residents by supporting the Montgomery Parks system financially, covering direct expenses and grant expenses. By doing so, they contribute to the acquisition, protection, and improvement of public parks, ultimately benefiting the community as a whole.

    Impact

    This information is meant to be a general summary of Montgomery County Park Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Montgomery County Park Foundation Inc's impact includes lessening the burdens of government by providing support and funding for the acquisition, protection, use, and development of park land in Montgomery County, Maryland. Through private funding sources, the foundation promotes and advances the Montgomery Park System, benefiting the residents of the county by enhancing recreational facilities and green spaces. By directly covering expenses and grants, the foundation plays a crucial role in maintaining and improving the park system for the community's enjoyment and well-being.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,077
  • Program Service Revenue: $0
  • Gross Receipts: $648,544

    • Assets and Liabilities:
  • Total Assets: $2,125,662
  • Total Liabilities: $39,235
  • Net Assets: $2,086,427
  • Organization Details

    Founding Year

    1992

    Principal Officer

    Katie Rictor

    Main Address

    2425 REEDIE DRIVE 12TH FLOOR, WHEATON, MD, 20902

    NTEE Category

    Code: T31Z - Philanthropy

    If you are a representative of Montgomery County Park Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.