ALBEMARLE DOWNTOWN DEVELOPMENT CORP
ALBEMARLE,
North Carolina,
28002
EIN: 56-1683012
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
PO BOX 2123
28002
COUNTY
stanly county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
ALBEMARLE DOWNTOWN DEVELOPMENT CORP is a based in ALBEMARLE, NC, focused on Community Improvement, Capacity Building causes . Established in February 1992, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $668,464.00, this ranks 258,641 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 6,726 out of 80,207 organizations in NC (Top 9%).
In stanly county, NC, the organization ranks 40 out of 442 nonprofits by assets (Top 8%), while locally in albemarle, it stands at 23 among 206 organizations (Top 9%).
The organization reported annual revenue of $496,480.00, ranking 183,695 nationally (Top 7%) and 5,152 in NC (Top 7%).
Within its specific NTEE classification (S31Z - S: Community Improvement, Capacity Building), which includes 344 similar organizations, ALBEMARLE DOWNTOWN DEVELOPMENT CORP ranks 144 in assets (Top 36%) and 103 in revenue (Top 26%).
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
Other inner city or community benefit activities
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$496,480.00
FORM 990 REVENUE AMOUNT
$496,480.00
RULING DATE
02/1992
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$668,464.00
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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