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PENMAR DEVELOPMENT CORPORATION

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Public IRS 990 nonprofit record

PENMAR DEVELOPMENT CORPORATION

EIN 52-2030202

What they do

PENMAR WAS CREATED to OVERSEE THE REDEVELOPMENT, for CLIVILIAN USES, of FORT RITCHIE, A Former U.S. ARMY GARRISON IN WASHINGTON COUNTY, MARYLAND. MAJOR ACTIVITIES CONSIST of THE CREATION of ECONOMIC DEVELOPMENT THROUGH CREATING QUALITY JOBS and THE CONVEYANCE of THE FORT BACK to THE PRIVATE SECTOR.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $42.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

What leaders were paid

Reported for tax year 2016

These compensation amounts were reported by the charity on its Form 990. They are already included within the charity’s reported expenses—not extra amounts to add to the spending totals below.

Person and titleReported compensation
DORIS J NIPPSEXECUTIVE DIRECTOR/SECRETA · 32 hrs/week $77,645Base $66,964 · Other $10,681

Compensation alone does not tell whether pay is reasonable. Compare it with the charity’s size, work, location, and documented results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

Why can this be over 100%?The charity reported $264,465 in revenue and $1,734,477 in total expenses. It spent $1,470,012 more than it received that year, so a spending category can exceed 100% of that year’s revenue.These percentages use the charity’s reported Form 990 amounts—not an estimate or a website calculation error. The filing alone does not explain how the gap was covered.
275.66%mission spending compared with this year’s revenue42.0% of all expenses · Form 990 program services
$655.84spent for every $100 of revenueSpending was higher than revenue this year.
380.18%management spending compared with this year’s revenue58.0% of all expenses

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,470,012 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$264,465
Mission workProgram services$729,034275.66% of revenue42.0% of expenses
ManagementOffice and general costs$1,005,443380.18% of revenue58.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$1,734,477655.84% of revenue

Why this can exceed 100%: the charity reported $1,734,477 in expenses against $264,465 in revenue. The ring shows the first $100 of revenue; the full Form 990 percentage appears below. This is not a website calculation error.

Money in and money out

Revenue$264,465
Expenses$1,734,477
Annual shortfall $1,470,012 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$729,034 · 42.0% of expenses
Management and office costs$1,005,443 · 58.0% of expenses
See all reported dollar amounts
Revenue$264,465
Expenses$1,734,477
Mission work (program services)$729,034
Management and general$1,005,443
Accounting fees$29,100
People

Leadership and board

Tax year 2016

Names, titles, and time below are reported by the organization on its Form 990. Reported compensation is shown near the top beside the spending summary.

See everyone listed on the board or leadership roster (17)

DORIS J NIPPSEXECUTIVE DIRECTOR/SECRETA

PAUL D PINKERTONMEMBER

TIM HENRYTREASURER

THOMAS B RIFORDMEMBER

STEPHEN ODERMEMBER

SCOTT BOWENMEMBER

SAMUEL E COOLCHAIRMAN

ROBERT BRENNANEX-OFFICIO MEMBER

RICH LUM JRMEMBER

R MICHAEL GILLEX-OFFICIO MEMBER

JOHN VAN DER CRUYSSENMEMBER

PATRICK FLEAGLEMEMBER

KASSIE LEWISEX-OFFICIO MEMBER

JOHN SLIDELLMEMBER

JOHN BARRMEMBER

JAMES DEVLINMEMBER

BRIAN FLOOKVICE-CHAIRMAN

About this charity

Location
PO BOX 699 14320 Barrick Ave, CASCADE, MD 21719
County
Washington
In care of
DORIS NIPPS
Primary officer
DORIS NIPPS, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2016
Tax period began
July 1, 2016
Return type
990
Tax preparer
BOYER & RITTER

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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