MONTGOMERY VILLAGE FOUNDATION INC
10120 APPLERIDGE RD, MONTGOMERY VILLAGE, MD 208861030 www.montgomeryvillage.com

Total Revenue
$8,829,164
Total Expenses
$8,221,351
Net Assets
$17,281,815

Organizations Filed Purposes: 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 DWELLING UNIT IN MONTGOMERY VILLAGE.

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.

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.

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.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
David HumptonEXECUTIVE VP40$201,470
Christopher HitchensCOUNSEL40$143,371
Michael ConroyCORPORATE SE40$121,370
Karen KodjanianDIR. OF COMM40$113,881
Katherine WebbDIR. OF ARCH40$109,448
Duncan MullisDIR. OF RECR40$108,233
Daniel SalazarCFO40$105,980
Pete YoungDIRECTOR1$0
Peter WebbVICE PRESIDE1$0
Jerome LeonardDIRECTOR1$0
Glenn GarganPRESIDENT1$0
Scott DyerDIRECTOR1$0
Benjamin DavisDIRECTOR1$0
Robert CareyTREASURER1$0
Pam BortDIRECTOR1$0
Andrew BirdDIRECTOR1$0
Doniele AyresDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202031889349300733_public.xml