Skip to main content

Nonprofit · EIN 87-2113744

HANOVER ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · HANOVER, PA 17331

Financials

$960$17K2023$50K$29K2024
Revenue Expenses · by fiscal year end
Financials of HANOVER ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$49,917$29,414$20,503$272,670$0$272,670
December 31, 2023990$960$17,358-$16,398$252,167$0$252,167
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$49,250
of which government grants
$15,000
Program service revenue
$0
Investment income
$367
Other revenue
$300

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,363
Occupancy
$18,526
Depreciation
$6,282
Program services (functional)
$27,036
Management and general (functional)
$2,378

Balance sheet and other

Total assets, start of year
$252,167
Total assets, end of year
$272,670
Total liabilities, end of year
$0
Net assets, end of year
$272,670
Land, buildings and equipment
$228,248
Net assets without donor restrictions
$272,670
Gross receipts
$49,917
Employees
0
Year formed
2021
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JAMES SHELTONFINANCE DIRE
Officer
2$0
OLIVER HOARCHAIRPERSON
Trustee or director, Officer
2$0
JOHN PAUL LUNNVICE CHAIRPE
Trustee or director, Officer
2$0
MELINDA CRAWFORDTREASURER
Trustee or director, Officer
2$0
DOUGLAS BECKERSECRETARY
Trustee or director, Officer
2$0
WILLIAM MARKELDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
MORIAH TYLEREXECUTIVE DI
Officer
1$0
JAMES SHELTONFINANCE DIRE
Officer
1$0
DANIEL FREY ESQCHAIRPERSON
Trustee or director, Officer
0.25$0
MELINDA CRAWFORDVICE CHAIRPE
Trustee or director, Officer
0.25$0
NICOLE HOFFMANTREASURER
Trustee or director, Officer
0.25$0
VANESSA BERGERSECRETARY
Trustee or director, Officer
0.25$0
JASON DUVALLDIRECTOR
Trustee or director
0.25$0
MARGARET LEWISDIRECTOR
Trustee or director
0.25$0
SARAH MESSERDIRECTOR
Trustee or director
0.25$0
SUSAN SEIPLEDIRECTOR
Trustee or director
0.25$0
BRIAN SHAFFERDIRECTOR
Trustee or director
0.25$0
TAMMY WISEDIRECTOR
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
44 FREDERICK ST, HANOVER, PA 17331-3501
Mailing address (990-N for 2021)
44 Frederick St, Hanover PA 17331
Principal officer (990 for 2024)
JAMES SHELTON, 44 FREDERICK ST, HANOVER, PA 173313351
Principal officer (990-N for 2021)
James Shelton, 44 Frederick St, Hanover PA 17331
Signed the 990
JAMES SHELTON, FINANCE DIRECTOR
Phone
(717) 637-3877
Return prepared by
BROWN PLUS

Mission

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

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $27,036

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-2113744
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$272,670
Income (IRS master file)
$49,917

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$49,917$29,414$272,670XML
990December 2023$960$17,358$252,167XML
990December 2022$292,167$23,602$291,224IRS
990-N for 2021
Officer: James Shelton
December 31, 2021≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-2113744).

Questions about HANOVER ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of HANOVER ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of HANOVER ECONOMIC DEVELOPMENT CORPORATION is 87-2113744.
Is HANOVER ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to HANOVER ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HANOVER ECONOMIC DEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HANOVER ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HANOVER ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HANOVER ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names JAMES SHELTON.
Who are the officers and directors of HANOVER ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does HANOVER ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $49,917, expenses of $29,414 and total assets of $272,670 at year end.

Other nonprofits in HANOVER

All nonprofits in HANOVER · Pennsylvania · Community improvement and capacity building