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BLACK NET WORTH DEVELOPMENT ASSOCIATION BNWDA INC

BOSTON, Massachusetts, 02119

EIN: 84-3787541

Housing, Shelter

MISSION

Advocating and creating programs to ensure the development and growth of the general net-worth of African-American non immigrant Americans.

 FORM 1023-EZ for BLACK NET WORTH DEVELOPMENT ASSOCIATION BNWDA INC

DEMOGRAPHIC

ADDRESS
60 DUDLEY ST
02119
COUNTY
suffolk county, MA

ORGANIZATIONAL OVERVIEW & RANKINGS

BLACK NET WORTH DEVELOPMENT ASSOCIATION BNWDA INC is a based in BOSTON, MA, focused on Housing, Shelter causes , specifically Housing Development, Construction, Management. Established in August 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $1.00, this ranks 817,315 among 2,656,690 nonprofits nationally (Top 31%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 26,376 out of 58,562 organizations in MA (Top 46%).

In suffolk county, MA, the organization ranks 4,886 out of 8,887 nonprofits by assets (Top 55%), while locally in boston, it stands at 3,493 among 5,766 organizations (Top 61%).

The organization reported annual revenue of $46,963.00, ranking 504,404 nationally (Top 19%) and 14,821 in MA (Top 26%).

Within its specific NTEE classification (L20 - L: Housing, Shelter), which includes 6,518 similar organizations, BLACK NET WORTH DEVELOPMENT ASSOCIATION BNWDA INC ranks 3,282 in assets (Top 51%) and 2,481 in revenue (Top 38%).

Note: This organization's tax-exempt status was temporarily revoked on March 15, 2023 .

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
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

Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, March 15, 2023;

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.

Data current as of Oct. 2024
TAX PERIOD
12/2021
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$82,304.00
FORM 990 REVENUE AMOUNT
$46,963.00
RULING DATE
08/2023
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1.00
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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