PENMAR DEVELOPMENT CORPORATION
PO BOX 699 14320 Barrick Ave, CASCADE, MD 21719 www.penmar.org

Total Revenue
$264,465
Total Expenses
$1,734,477
Net Assets
$0

Organizations Filed Purposes: 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.

TO OVERSEE THE REDEVELOPMENT, FOR CLIVILIAN USES, OF FORT RITCHIE A Former U.S. ARMY GARRISON IN WASHINGTON COUNTY, MARYLAND.

Fort Ritchie offers a unique residential district with 96 units available that range from two to four bedrooms. When compared to the neighboring metro areas, Fort Ritchie's residential district poses significant quality of life improvements with highly competitive rates and resort-style surroundings.

PenMar offers affordable commericial properties to businesses in an effort to bring quality jobs to Fort Ritchie and the surrounding communities.

In addition to maintaining Fort Ritchie, PenMar provides support to Organizations in the area surrounding Fort Ritchie in an effort to enhance the community by creating quality jobs.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Doris J NippseXECUTIVE DIRECTOR/Secreta32$66,964
Brian FlookvICE-CHAIRMAN1$0
Tim HenrytREASURER1$0
Samuel E CoolCHAIRMAN1$0
Rich Lum JrMEMBER1$0
Paul D PinkertonMEMBER1$0
Scott BowenMEMBER1$0
John SlidellMEMBER1$0
James DevlinMEMBER1$0
Thomas B RifordmEMBER1$0
John Van Der CruyssenmEMBER1$0
R Michael GillEX-OFFICIO MEMBER1$0
Robert BrennanEX-OFFICIO MEMBER1$0
Kassie LewisEX-OFFICIO MEMBER1$0
John BarrmEMBER1$0
Patrick FleagleMEMBER1$0
Stephen OderMEMBER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201731989349300203_public.xml