Montgomery Village Foundation

What Montgomery Village Foundation does

Montgomery Village Foundation, Inc. (MVF) is a Maryland-incorporated nonprofit civic organization (501(c)(4) social welfare designation) established in 1965 to manage the Montgomery Village master-planned community in Montgomery County, Maryland. It serves more than 40,000 residents across multiple villages and homeowner associations, including East Village, West Village, North Village, South Village, and named HOAs such as Stedwick, Patton Ridge, and Whetstone. The organization delivers community governance, architectural standards enforcement, recreation amenity management, and a calendar of community programs and events, governed by a volunteer Board of Directors and standing committees.

The core product is an integrated community management platform consisting of a public-facing website portal (montgomeryvillage.com) backed by a resident dashboard for account management, assessment payments, exterior modification requests, and event registration. MVF operates four community centers (North Creek, Lake Marion, Stedwick, Whetstone), multiple pools, parks, playgrounds, and sports facilities, with pool access enabled through the Access Granted digital ePass system and assessments processed via PropertyPay (First Citizens Bank). Resale disclosure packets are processed through HomeWise Docs, and race registrations through RunSignUp.

Revenue is generated almost entirely from the captive Montgomery Village resident base through five streams: (1) mandatory homeowner assessment fees varying by property type and village; (2) pool memberships and pass fees ($5 annual physical card or free digital ePass); (3) recreation program fees (camps, classes, sports, 5K Race at $30 resident/$35 non-resident); (4) capital contribution fees on property sales and new development (339 units in Bloom Village, 24 units in Overlook); and (5) facility rentals. Year-to-date March 2026 total revenues were $2,733,824, running 1.85% above budget and 1.0% above 2025. The organization holds approximately $35 million in total assets, $14.5 million in cash and investments, and $3.2 million in undesignated operating reserves, and operates with a 9.1% delinquency rate across 773 units.

Name

Montgomery Village Foundation

Legal name

Montgomery Village Foundation, Inc.

Website

https://montgomeryvillage.com

Company type

Private

Founded year

1965

Operating status

Operating

Short description

Montgomery Village Foundation is a Maryland nonprofit (501(c)(4)) homeowners association established in 1965 that governs and provides recreation, community management, and amenity services to more than 40,000 residents of the Montgomery Village master-planned community in Montgomery County, Maryland, funded primarily through mandatory homeowner assessments.

Ownership category

akta.pro rank

Product category

Homeowners Association and Community Management Services

NAICS

Civic and Social Organizations (81341), Civic and Social Organizations (8134)

SIC

Services-Membership Sports & Recreation Clubs (7997)

akta.pro primary industry

Community Centers & Neighborhood Support Services (BPAGAEAL)

Keywords

• Homeowners association management
• Planned community governance
• Community recreation programs
• Residential assessment services
• Recreation facility operations

Headquarters

HQ city

Montgomery Village

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Homeowner Assessment Fees: Primary recurring revenue from homeowners in the Montgomery Village community, with assessment fees varying by property type and community.
2. Pool Memberships and Passes: Revenue from pool passes including $5 annual fee for physical cards and digital ePasses, guest passes, and single-entry fees.
3. Recreation Programs: Fees from camps, classes, sports programs, and community events including the annual 5K Race and community activities.
4. Capital Contribution Fees: Fees collected from property sales and new development within the community (339 units sold in Bloom Village, 24 units in Overlook).
5. Facility Rentals: Rental revenue from community centers, parks, and venues for private events and community gatherings.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Montgomery Village Foundation is a nonprofit civic organization (501(c)(4)) that operates and maintains the master-planned Montgomery Village community in Montgomery County, Maryland. Its core offering to residents includes mandatory HOA-style assessment administration, ownership and operation of recreation facilities (swimming pools, parks, playgrounds, community centers, sports fields), recreation programming (camps, classes, sports, aquatics), architectural standards enforcement, community events, and resident communications through an online portal and Village News publication.

Product overview

Montgomery Village Foundation operates a unified community management platform consisting of a public-facing website portal and resident services. The core offering includes the community website providing news, recreation information, and business directories, supported by digital tools for resident account management, pool access via Access Granted, and online assessment payments through PropertyPay. Additional services encompass recreation facilities management, community event programming, and HOA/COA administration across multiple village communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Homeowner Assessment and HOA Membership Services Recurring homeowner assessment administration for the residents of Montgomery Village, including assessment billing, collection, and financial reporting through PropertyPay; access to MVF amenities and services is conditioned on assessment status.
• Pool Pass Program Annual pool access program with a free digital ePass stored in smartphone wallets and an optional physical pool card priced at $5 per pass per year, supporting resident and guest entry across MVF pool facilities.
• Recreation Programs (Classes, Camps, Sports) Fee-based recreation programming including camps, classes, sports programs, aquatics, and community activities such as Seniors in Action, MV Community Band, and MV Garden Club, available to residents and non-residents at tiered pricing.
• Community Center, Park, and Field Rentals Rental of MVF-owned community centers (e.g., North Creek, Lake Marion, Stedwick, Whetstone), parks, playgrounds, and sports fields for private events and community gatherings.
• MV 5K Race & 1-Mile Fun Run Annual 5K Race and 1-Mile Fun Run event registration: 5K priced at $30 for residents and $35 for non-residents, 1-Mile Fun Run priced at $15 for residents and $18 for non-residents, with prices increasing on race day.
• Architectural Standards Review Review and approval of resident-submitted exterior modification requests to enforce architectural standards within MVF communities and preserve property values.
• Resale Disclosure Packet Service Processing of resale disclosure packets required for property transactions within Montgomery Village, delivered through partner HomeWise Docs.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Access GrantedcoreTechnology or IntegrationProvides digital pool pass system allowing residents to store ePasses in smartphone wallets for convenient pool entry. Physical passes also available through this system.
• PropertyPay (First Citizens Bank)coreTechnology or IntegrationThird-party payment processing platform for homeowner assessment fees and dues payments.
• Senator Nancy King and District 39 TeamcoreStrategic or Co-development PartnerSecured $500,000 non-matching state grant in April 2025 for Patsy Huson Ballfield improvements including playground and ballfield enhancements.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Vantaca: HOA management platform purpose-built for community associations with accounting, homeowner portals, assessment processing, and architectural review workflows — directly comparable feature set to MVF's current digital stack.
• AppFolio: Cloud-based property management software including HOA and community association modules with online payments, resident portals, and accounting — provides comparable digital infrastructure to MVF's online resident dashboard.
• TownSq: HOA management software platform providing resident portals, assessment payments, architectural review, and community communication tools — comparable technology stack to MVF's digital portal and integrated partners (PropertyPay, Access Granted, HomeWise Docs).
• Buildium: Property and HOA management software with online rent/assessment collection, resident portals, and accounting — overlapping technology functionality with MVF's resident dashboard and payment processing layer.

Others

• Community Associations Institute (CAI): National trade association and advocacy organization for the HOA and community association industry — provides governance, education, and best-practice resources that directly support MVF's operational and policy decisions.

Broad incumbents

• FirstService Residential: Largest residential property management company in North America, managing thousands of HOAs and community associations including assessment billing, amenity management, and resident portals — competes for HOA management contracts that MVF currently performs in-house.
• Associa: Major community association management firm serving HOAs, condominiums, and planned communities across the U.S. with assessment collection, vendor management, and resident communication platforms — directly comparable service line to MVF operations.

Direct peers

• Columbia Association: Nonprofit community association managing Columbia, Maryland, with annual charges, multiple pools, golf courses, sport facilities, and 95,000+ residents — directly comparable large-scale planned-community HOA model in the Mid-Atlantic.
• Reston Association: Nonprofit member-based association governing the master-planned community of Reston, Virginia, with assessment fees, pools, recreation facilities, parks, and community programming — a near-identical operating model to MVF at comparable scale in the DC metro.

Regional players

• Irvine Community Development Company: Large-scale planned community operator (Irvine, CA) with assessment-funded amenities, recreation, and community governance — comparable master-planned community model on the West Coast, illustrating geographic diversification of the HOA model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCt2UPzXtKAe91kZMNsyT8ng
• Facebookfacebook.com/MontVillageMD
• LinkedInlinkedin.com/company/montvillagemd
• Instagraminstagram.com/montvillagemd

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Montgomery Village Foundation