ALBUQUERQUE ECONOMIC DEVELOPMENT INC
ALBUQUERQUE,
New Mexico,
87102
EIN: 85-0157216
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
201 3RD ST NW
87102
COUNTY
bernalillo county, NM
ORGANIZATIONAL OVERVIEW & RANKINGS
ALBUQUERQUE ECONOMIC DEVELOPMENT INC is a based in ALBUQUERQUE, NM, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in November 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $3,324,539.00, this ranks 114,547 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 547 out of 15,845 organizations in NM (Top 4%).
In bernalillo county, NM, the organization ranks 207 out of 5,042 nonprofits by assets (Top 5%), while locally in albuquerque, it stands at 201 among 4,811 organizations (Top 5%).
The organization reported annual revenue of $1,639,266.00, ranking 95,435 nationally (Top 4%) and 524 in NM (Top 4%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, ALBUQUERQUE ECONOMIC DEVELOPMENT INC ranks 335 in assets (Top 7%) and 309 in revenue (Top 7%).
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
Attracting new industry or retaining industry in an area
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,863,004.00
FORM 990 REVENUE AMOUNT
$1,639,266.00
RULING DATE
11/2022
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$3,324,539.00
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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