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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$2M
Program Spending
90%
of total expenses go to program services
Total Contributions
$1.9M
Total Expenses
▼$2.2M
Total Assets
$1.9M
Total Liabilities
▼$752.1K
Net Assets
$1.1M
Officer Compensation
→$217.2K
Other Salaries
$694.3K
Investment Income
$8,473
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$2.8M
Awards Found
10
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Small Business Administration | WOMEN S BUSINESS OWNERSHIP ASSISTANCE - INITIAL | $600K | FY2013 | Sep 2013 – Sep 2018 |
| Small Business Administration | WOMEN'S BUSINESS OWNERSHIP ASSISTANCE - RENEWAL | $450K | FY2018 | Sep 2018 – Sep 2021 |
| Small Business Administration | WOMEN'S BUSINESS OWNERSHIP ASSISTANCE - CARES ACT | $420K | FY2020 | May 2020 – Apr 2021 |
| Small Business Administration | WBC - MD - ROCKVILLE ECONOMIC DEVELOPMENT INC. (BOWIE) | $300K | FY2024 | Sep 2024 – Jul 2026 |
| Small Business Administration | WBC - ROCKVILLE ECONOMIC DEVELOPMENT, INC. (ROCKVILLE) | $300K | FY2024 | Sep 2024 – Sep 2026 |
| Small Business Administration | ROCKVILLE ECONOMIC DEVELOPMENT, INC. | $150K | FY2023 | Sep 2023 – Sep 2024 |
| Small Business Administration | OFFICE OF WOMEN'S BUSINESS OWNERSHIP | $150K | FY2023 | Aug 2023 – Jul 2024 |
| Small Business Administration | ROCKVILLE ECONOMIC DEVELOPMENT, INC. CONTINUATION OPTION YEAR 1 (R-2021) | $150K | FY2022 | Sep 2022 – Sep 2024 |
| Small Business Administration | ROCKVILLE ECONOMIC DEVELOPMENT, INC | $150K | FY2022 | Aug 2022 – Jul 2027 |
| Small Business Administration | WOMEN'S BUSINESS OWNERSHIP ASSISTANCE RENEWAL | $150K | FY2021 | Sep 2021 – Sep 2024 |
Small Business Administration
$600K
WOMEN S BUSINESS OWNERSHIP ASSISTANCE - INITIAL
Small Business Administration
$450K
WOMEN'S BUSINESS OWNERSHIP ASSISTANCE - RENEWAL
Small Business Administration
$420K
WOMEN'S BUSINESS OWNERSHIP ASSISTANCE - CARES ACT
Small Business Administration
$300K
WBC - MD - ROCKVILLE ECONOMIC DEVELOPMENT INC. (BOWIE)
Small Business Administration
$300K
WBC - ROCKVILLE ECONOMIC DEVELOPMENT, INC. (ROCKVILLE)
Small Business Administration
$150K
ROCKVILLE ECONOMIC DEVELOPMENT, INC.
Small Business Administration
$150K
OFFICE OF WOMEN'S BUSINESS OWNERSHIP
Small Business Administration
$150K
ROCKVILLE ECONOMIC DEVELOPMENT, INC. CONTINUATION OPTION YEAR 1 (R-2021)
Small Business Administration
$150K
ROCKVILLE ECONOMIC DEVELOPMENT, INC
Small Business Administration
$150K
WOMEN'S BUSINESS OWNERSHIP ASSISTANCE RENEWAL
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: SOUNK
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $2M | $1.9M | $2.2M | $1.9M | $1.1M |
| 2022 | $2.5M | $2.5M | $2M | $1.6M | $1.2M |
| 2021 | $2M | $1.9M | $1.7M | $1.4M | $1.1M |
| 2020 | $1.6M | $1.5M | $1.5M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Cynthia Rivarde | Chief Executive Officer | 40 | $199.7K | $0 | $7,369 | $207K |
| Todd Pearson | Treasurer | 4 | $0 | $0 | $0 | $0 |
| Susan Prince | Chair | 4 | $0 | $0 | $0 | $0 |
| Nancy Regelin | Vice Chair | 1 | $0 | $0 | $0 | $0 |
| Bei Ma | Vice Chair | 1 | $0 | $0 | $0 | $0 |
Cynthia Rivarde
Chief Executive Officer
$207K
Hrs/Wk
40
Compensation
$199.7K
Related Orgs
$0
Other
$7,369
Todd Pearson
Treasurer
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Susan Prince
Chair
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Nancy Regelin
Vice Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Bei Ma
Vice Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Richelle Wilson | Deputy Director | 40 | $117.2K | $0 | $4,669 | $121.8K |
| Danette Nguyen | Mwbc Managing Director | 40 | $112K | $0 | $4,587 | $116.5K |
Richelle Wilson
Deputy Director
$121.8K
Hrs/Wk
40
Compensation
$117.2K
Related Orgs
$0
Other
$4,669
Danette Nguyen
Mwbc Managing Director
$116.5K
Hrs/Wk
40
Compensation
$112K
Related Orgs
$0
Other
$4,587
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Alton J Henley | Director | 1 | $0 | $0 | $0 | $0 |
| Angela Chaney | Director | 1 | $0 | $0 | $0 | $0 |
| Barack Matite Until 112023 | Director | 1 | $0 | $0 | $0 | $0 |
| Ben Anstrom | Director | 1 | $0 | $0 | $0 | $0 |
| Bill Tompkins Ex-Officio | Director | 1 | $0 | $0 | $0 | $0 |
| Bridget Newton Unitl Nov 2023 | Director |
Alton J Henley
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Angela Chaney
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Barack Matite Until 112023
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $980.2K |
| $854.4K |
| 2019 | $1.5M | $583.9K | $1.5M | $768.6K | $728.5K |
| 2018 | $1.1M | $154.4K | $1.1M | $730.5K | $682.1K |
| 2017 | $1.3M | $326.5K | $1.1M | $720K | $651.1K |
| 2016 | $895.5K | $68.3K | $1.1M | $611.4K | $528.3K |
| 2015 | $982.7K | $89.3K | $908K | $785.2K | $688.2K |
| 2014 | $907.7K | $108.5K | $888.8K | $688.5K | $620.4K |
| 2013 | $808.6K | $646.4K | $770.5K | $606.8K | $601.5K |
| 2012 | $1.3M | $541.3K | $1.2M | $588.9K | $563.4K |
| 2011 | $774.7K | $535.1K | $692.3K | $530.7K | $530.2K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990-EZ | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Carla Merritt | Director | 1 | $0 | $0 | $0 | $0 |
| Cliff Viers | Director | 1 | $0 | $0 | $0 | $0 |
| Craig Simoneau | Director | 1 | $0 | $0 | $0 | $0 |
| Justin Yang | Director | 1 | $0 | $0 | $0 | $0 |
| Kelly Groff | Director | 1 | $0 | $0 | $0 | $0 |
| Lavonne Torrence Berner | Director | 1 | $0 | $0 | $0 | $0 |
| Marji Graf | Director | 1 | $0 | $0 | $0 | $0 |
| Michael Scott | Director | 1 | $0 | $0 | $0 | $0 |
| Monique Ashton Since Nov 2023 | Director | 1 | $0 | $0 | $0 | $0 |
| Morgan Sullivan | Director | 1 | $0 | $0 | $0 | $0 |
| Nick Fullenkamp | Director | 1 | $0 | $0 | $0 | $0 |
| Nikhil Bijlani | Director | 1 | $0 | $0 | $0 | $0 |
| Richard Alvarez | Director | 1 | $0 | $0 | $0 | $0 |
| Rob Dispirito Until 92023 | Director | 1 | $0 | $0 | $0 | $0 |
| Suzanne Osborn | Director | 1 | $0 | $0 | $0 | $0 |
Ben Anstrom
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Bill Tompkins Ex-Officio
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Bridget Newton Unitl Nov 2023
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Carla Merritt
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Cliff Viers
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Craig Simoneau
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Justin Yang
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kelly Groff
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lavonne Torrence Berner
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Marji Graf
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael Scott
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Monique Ashton Since Nov 2023
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Morgan Sullivan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Nick Fullenkamp
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Nikhil Bijlani
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Richard Alvarez
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rob Dispirito Until 92023
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Suzanne Osborn
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0