2025-09-12T08:20:12-00:00 2025-05-31 522272961 NYT CPAS 780 FREDERICK ST HAGERSTOWN MD 21740 990 2024-06-01 520737260 Hagerstown-Washington County Industrial Found Inc HAGE 3017392015 1 SOUTH POTOMAC STREET HAGERSTOWN MD 21740 GREGORY SNOOK PRESIDENTCEO 3017392015 2025-09-12 true SCOTT N DRAPER CPA MBA P00608551 3017976609 2025-09-12 X 2024 2025-03-06 01:10:19Z GREGORY SNOOK 1 SOUTH POTOMAC STREET HAGERSTOWN MD 21740 311574 false X X 1960 MD ORGANIZATIONS PRIMARY EXEMPT PURPOSE IS TO DEVELOP REAL ESTATE FOR THE PURPOSE OF ENHANCING ECONOMIC AND COMMUNITY DEVELOPMENT FOR BUSINESS AND INDUSTRIAL EXPANSION IN WASHINGTON COUNTY, MARYLAND 15 15 1 0 0 0 137168 265933 75977 45641 213145 311574 0 0 101053 96952 0 0 38084 46761 139137 143713 74008 167861 10445038 10878079 5833 5833 10439205 10872246 ECONOMIC DEVELOPMENT WITHIN WASHINGTON COUNTY, MARYLAND WITH REVITALIZATION OF DOWNTOWN HAGERSTOWN IN ORDER TO PROVIDE A BETTER QUALITY OF LIFE FOR ALL. false false THE ORGANIZATION DEVELOPS REAL ESTATE FOR THE PURPOSE OF ENHANCING ECONOMIC AND COMMUNITY DEVELOPMENT FOR BUSINESS AND INDUSTRIAL EXPANSION IN WASHINGTON COUNTY, MARYLAND. false false false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false true 1 0 true 1 true false false false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true false true true true false MD X GREGORY I SNOOK 3017392015 1 SOUTH POTOMAC STREET HAGERSTOWN MD 21740 X GREGORY I SNOOK PRESIDENT/CEO 020.00 005.00 X X X 90000 0 0 THOMAS C NEWCOMER VICE PRESIDENT 001.00 000.50 X X 0 0 0 ANDREW G HOFFMAN TREASURER 001.00 000.50 X X 0 0 0 WAYNE E ALTER JR DIRECTOR 001.00 000.50 X 0 0 0 DONALD L HOFFMAN DIRECTOR 001.00 000.50 X 0 0 0 JOHN W LEAGUE DIRECTOR 001.00 000.50 X 0 0 0 ALFRED E MARTIN ASST TREASURER 001.00 000.50 X X 0 0 0 JAMES R STOJAK DIRECTOR 001.00 000.50 X 0 0 0 RONALD Z SULCHEK DIRECTOR 001.00 000.50 X 0 0 0 JAMES KERCHEVAL ASST SECRETARY 001.00 000.50 X X 0 0 0 JOHN LATIMER IV DIRECTOR 001.00 000.50 X 0 0 0 ANDREW SARGENT DIRECTOR 001.00 000.50 X X 0 0 0 DR JIM KLAUBER DIRECTOR 001.00 000.50 X 0 0 0 JULIE ROHM DIRECTOR 001.00 000.50 X 0 0 0 ANDREW SERAFINI SECRETARY 001.00 000.50 X X 0 0 0 90000 false false false 265933 30641 30641 30641 COLLEGIUM INCOME 15000 15000 311574 0 0 0 0 90000 0 0 0 0 6952 0 0 8452 0 0 0 0 0 1790 0 6000 0 0 0 0 0 487 9110 DEVELOPMENT COSTS BUSINESS PARKS 2000 MISCELLANEOUS 7311 TAXES REAL ESTATE 3425 COMMUNITY SUPPORT 7275 911 143713 1286287 1220207 5654725 5655975 5768 1340 208 4428 3395593 3887557 108225 109912 10445038 10878079 5833 5833 5833 5833 X 10439205 10872246 10439205 10872246 10445038 10878079 X 167861 265181 -1 X true X false true false false 5768 1340 4428 4428 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X X 2 THE ORGANIZATION FOLLOWS THE FASB ACCOUNTING STANDARDS CODIFICATION, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITYS FINANCIAL STATEMENTS. AS OF MAY 31, 2024 THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT REQUIRE EITHER RECOGNITION OR DISCLOSURE IN THE ORGANIZATIONS FINANCIAL STATEMENTS. Form 990, Part VI, Section B, Line 11 REVIEW OF THE FORM 990 IS DONE BY ONE OR MORE OF THE BOARD MEMBERS BEFORE IT IS FILED. Form 990, Part VI, Section B, Line 12C ANY DIRECTOR OF THE FOUNDATION HAVING A CONFLICTING FINANCIAL INTEREST OR OTHER CONFLICTING INTEREST IN THE SUBJECT MATTER OF THE ACTION UNDER CONSIDERATION BY THE BOARD OF DIRECTORS SHALL A DISCLOSE THE FACT OF THE CONFLICTING INTEREST B REFRAIN FROM ANY ACTION WHICH MAY HAVE AS ITS PURPOSE OR AFFECT THE THE INFLUENCING OF THE VOTE OF ANY OTHER DIRECTOR C REFRAIN FROM VOTING ON THE MATTER UNDER CONSIDERATION AND D IF REQUESTED TO DO SO BY THE CHAIRPERSON, OR OTHER PERSON PRESIDING AT THE MEETING, BE EXCUSED FROM THE MEETING DURING THE CONSIDERATION AND VOTING ON THE MATTER. Form 990, Part VI, Section B, Line 15 THE EXECUTIVE DIRECTORS SALARY IS SET AND APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section C, Line 18 THE FOUNDATIONS FORM 990 IS AVAILABLE TO THE PUBLIC ON REQUEST. Form 990, Part VI, Section C, Line 19 ALL OF THE FOUNDATIONS GOVERNING DOCUMENTS ARE AVAILABLE UPON A WALK-IN REQUEST. THE FOUNDATION MAINTAINS COPIES OF OF THESE RECORDS AND ANY MEMBER OF THE PUBLIC MAY REVIEW THEM. Form 990, Part VII, Line 2C FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS. Form 990, Part XI, Line 9 ROUNDING HAGERSTOWN MULTI-USE SPORTS & EVENTS FACILITY INC 1 S POTOMAC STREET HAGERSTOWN MD 21740 611999611 OPERATE MULTI-USE FACILITY MD 501c3 10 HAGERSTOWN-WASHINGTON COUNTY INDUSTRIAL FOUNDATION INC true false false false false true false false false false false false false false false false false false false false HAGERSTOWN MULTI-USE SPORTS & EVENTS FACILITY INC d 109912 ACTUAL AMOUNT DUE