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588 PARK PLACE HOUSING DEVELOPMENT FUND CORPORATION

BROOKLYN, New York, 11217

EIN: 45-0481177

Housing, Shelter

DEMOGRAPHIC

ADDRESS
621 DEGRAW STREET
11217
COUNTY
kings county, NY
IN CARE OF NAME
FIFTH AVENUE COMMITTEE INC

ORGANIZATIONAL OVERVIEW & RANKINGS

588 PARK PLACE HOUSING DEVELOPMENT FUND CORPORATION is a based in BROOKLYN, NY, focused on Housing, Shelter causes , specifically Housing Development, Construction, Management. Established in June 2005, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $1,312,300.00, this ranks 187,618 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 16,567 out of 159,053 organizations in NY (Top 11%).

In kings county, NY, the organization ranks 1,241 out of 18,995 nonprofits by assets (Top 7%), while locally in brooklyn, it stands at 1,238 among 18,866 organizations (Top 7%).

The organization reported annual revenue of $179,748.00, ranking 303,878 nationally (Top 12%) and 22,665 in NY (Top 15%).

Within its specific NTEE classification (L20 - L: Housing, Shelter), which includes 6,518 similar organizations, 588 PARK PLACE HOUSING DEVELOPMENT FUND CORPORATION ranks 1,413 in assets (Top 22%) and 1,581 in revenue (Top 25%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
L: Housing, Shelter
NTEE CODE
L20: Housing Development, Construction, Management
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$179,748.00
FORM 990 REVENUE AMOUNT
$179,748.00
RULING DATE
06/2005
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,312,300.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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