Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2002.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
14 people listed on the 990-EZ; $60K paid to officers and key staff (Part VII, Section A).
Steven Adams’s $60K as Executive Director is at the 97th percentile of top reported officer pay among 98 <$100K recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · 990-EZ Part IV
| Name | FY2023 | FY2022 | FY2021 |
|---|---|---|---|
| Steven Adams | $60,000 | $57,820 | $962 |
| Shawnna Silvius | — | — | $23,164 |
Total reportable compensation (Form 990-EZ Part IV column (c) / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Montgomery County Development Corporation executive salaries →Programs and updates
Promotes economic growth and job creation in Montgomery County by recruiting businesses.
Questions for Montgomery County Development Corporation
Your first name shows with your question. Montgomery County Development Corporation answers here, for everyone.
By the numbers
The FY2023 990-EZ, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Aug 25, 2025 | $80K | $104K | −$24K | $432K | 990 PDF |
| FY2024Filed with the IRS Oct 14, 2024 | $352K | $93K | $260K | $456K | 990 PDF |
| FY2023 ViewingFiled with the IRS Oct 30, 2023 | $115K | $196K | 990 PDF | ||
| FY2022Filed with the IRS Oct 31, 2022 | $100K | $182K | 990 PDF | ||
| FY2021Filed with the IRS Nov 9, 2021 | $71K | $182K | 990 PDF |
Schedules filed Part IV
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
Similar organizations you could support · Compare with another nonprofit
Names, privacy, and removal requests More
The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.
Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.
We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.
Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.
If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.
Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.
If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.