MISSION
TIMOTHY OLATOKUN
DEMOGRAPHIC
ADDRESS
179 UTICA AVE
11213
COUNTY
kings county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
BIMMED MEDICAL FOUNDATION INC is a based in BROOKLYN, NY, focused on Medical Research causes , specifically Management & Technical Assistance. Established in November 2016, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $771.00, this ranks 765,607 among 2,656,690 nonprofits nationally (Top 29%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 59,066 out of 159,053 organizations in NY (Top 38%).
In kings county, NY, the organization ranks 5,465 out of 18,995 nonprofits by assets (Top 29%), while locally in brooklyn, it stands at 5,451 among 18,866 organizations (Top 29%).
The organization reported annual revenue of $6,250.00, ranking 601,128 nationally (Top 23%) and 42,551 in NY (Top 27%).
Within its specific NTEE classification (H02 - H: Medical Research), which includes 45 similar organizations, BIMMED MEDICAL FOUNDATION INC ranks 17 in assets (Top 17%) and 16 in revenue (Top 16%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year 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
H: Medical Research
NTEE CODE
H02: Management & Technical Assistance
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
Note: A current revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2022;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2018
ACCOUNTING PERIOD
12
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$6,250.00
FORM 990 REVENUE AMOUNT
$6,250.00
RULING DATE
11/2016
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$771.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
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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