Hanover Economic Development Corporation

Organization Overview

Hanover Economic Development Corporation is located in Hanover, PA. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hanover Economic Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATIONAL OUTREACH TO BUSINESS LEADERS IN THE COMMUNITY, ASSIST ECONOMIC DEVELOPMENT INITIATIVES, AND ACQUIRE AND MARKET PROPERTIES FOR REDEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTE LOCAL JOBS AND JOB OPPORTUNITIES, INCREASE DECENT, SAFE AND AFFORDABLE HOUSING, AND PROMOTE THE SOCIAL WELFARE BY INCREASING THE QUALITY OF LIFE IN THE DOWNTOWN DISTRICT OF HANOVER, PENNSYLVANIA.


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Board, Officers & Key Employees

Name (title)Compensation
Charles Hegberg
Chair
$0
James Shelton
Finance Dire
$0
Brian Fuentes
Director
$0
Carol Greenholt
Director
$0
Barbara Rupp
Director
$0
Brian Johnson
Citizens Adv
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $30,000
All other contributions, gifts, grants, and similar amounts not included above$262,158
Noncash contributions included in lines 1a–1f $245,000
Total Revenue from Contributions, Gifts, Grants & Similar$292,158
Total Program Service Revenue$0
Investment income $9
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $292,167

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