Overview
What is Hagerstown-Washington County Industrial Found Inc?
Hagerstown-Washington County Industrial Found Inc is a nonprofit organization located in Hagerstown, Maryland, with a single employee. Its primary focus is to stimulate economic growth and community development within Washington County by developing real estate, specifically for business and industrial expansion. This initiative aims to revitalize downtown Hagerstown, ultimately enhancing the overall quality of life for the community. The organization's mission is deeply rooted in fostering an economically vibrant Washington County, Maryland.
Is Hagerstown-Washington County Industrial Found Inc legitimate?
Hagerstown-Washington County Industrial Found Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hagerstown-Washington County Industrial Found 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $86,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hagerstown-Washington County Industrial Found Inc?
The mission of Hagerstown-Washington County Industrial Found Inc is centered around economic development. The organization's primary objective is to revitalize downtown areas, specifically in Washington County, Maryland, to stimulate business and industrial growth. This initiative aims to enhance the community's overall development, ultimately improving the quality of life for its residents. The organization achieves this by developing real estate and fostering expansion opportunities for businesses and industries.
Who is the CEO of Hagerstown-Washington County Industrial Found Inc?
Gregory Snook is the President/Ceo of Hagerstown-Washington County Industrial Found Inc. The CEO's salary of Hagerstown-Washington County Industrial Found Inc is $86,250 and their total compensation is $86,250.
What is the revenue of Hagerstown-Washington County Industrial Found Inc?
Hagerstown-Washington County Industrial Found Inc's revenue in 2023 was $161,794.
Who are the executives of Hagerstown-Washington County Industrial Found Inc and what are their salaries?
The average compensation at Hagerstown-Washington County Industrial Found Inc during 2023 was $86,250. There is 1 employee at Hagerstown-Washington County Industrial Found Inc.
Here are 15 key members and their salaries (Hagerstown-Washington County Industrial Found Inc's CEO's salary is $86,250 and their total compensation is $86,250):
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Where can I find the form 990 for Hagerstown-Washington County Industrial Found Inc?
Hagerstown-Washington County Industrial Found Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hagerstown-Washington County Industrial Found Inc
Hagerstown-Washington County Industrial Found Inc is an organization with a primary mission to promote economic development within Washington County, Maryland. Their objective is to revitalize downtown Hagerstown, aiming to enhance the quality of life for all residents. To achieve this, the organization develops real estate, facilitating business and industrial expansion in the county. This strategic approach to economic development is designed to stimulate growth and foster a thriving community.
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Impact
October, 2024
Hagerstown-Washington County Industrial Foundation Inc significantly impacts economic and community development in Washington County, Maryland. By focusing on real estate development, it facilitates business and industrial expansion, ultimately enhancing the region's economic landscape. This initiative contributes to job creation and strengthens the local economy, fostering a more vibrant community.
The revitalization efforts in downtown Hagerstown aim to improve the quality of life for residents. By creating appealing spaces for businesses and engaging community environments, the Foundation not only attracts new investments but also supports local enterprises. Its commitment to economic development fosters a more prosperous future for the area, ensuring that Hagerstown remains a competitive and thriving location for both residents and businesses.
This information is meant to be a general summary of Hagerstown-Washington County Industrial Found Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $133,649
- Gross Receipts: $161,794
Assets and Liabilities:
- Total Assets: $10,047,331
- Total Liabilities: $5,833
- Net Assets: $10,041,498
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Organization Details
Founding Year
1960
Phone
(301) 739-2015Principal Officer
Gregory Snook
Main Address
1 SOUTH POTOMAC STREET, HAGERSTOWN, MD, 21740
NTEE Category
Code: S31 - Community improvement
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