ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION
ALBANY,
New York,
12210
EIN: 85-4222366
Employment, Job-Related
MISSION
To relieve and reduce unemployment by carrying on scientific research to attract and encourage the development of new industry , while retaining the existing industry in Albany County, to lessen the burden of local governments.
FORM 1023-EZ for ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION
DEMOGRAPHIC
ADDRESS
111 WASHINGTON AVENUE
12210
COUNTY
albany county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION is a based in ALBANY, NY, focused on Employment, Job-Related causes , specifically Alliance/Advocacy Organizations. Established in December 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,169,618.00, this ranks 198,827 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 17,389 out of 159,053 organizations in NY (Top 11%).
In albany county, NY, the organization ranks 546 out of 3,892 nonprofits by assets (Top 14%), while locally in albany, it stands at 446 among 2,574 organizations (Top 18%).
The organization reported annual revenue of $1,109,856.00, ranking 118,959 nationally (Top 5%) and 10,127 in NY (Top 7%).
Within its specific NTEE classification (J01 - J: Employment, Job-Related), which includes 349 similar organizations, ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION ranks 12 in assets (Top 3%) and 15 in revenue (Top 4%).
The organization files a 990 (all other) or 990EZ return and operates on a November 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
J: Employment, Job-Related
NTEE CODE
J01: Alliance/Advocacy Organizations
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,109,856.00
FORM 990 REVENUE AMOUNT
$1,109,856.00
RULING DATE
12/2021
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,169,618.00
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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