BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE
WEIRTON,
West Virginia,
26062
EIN: 55-0630721
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
324A PENCO RD
26062
COUNTY
hancock county, WV
ORGANIZATIONAL OVERVIEW & RANKINGS
BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE is a based in WEIRTON, WV, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in January 1995, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $24,515,891.00, this ranks 31,255 among 2,656,690 nonprofits nationally (Top 2%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 131 out of 16,444 organizations in WV (Top 1%).
In hancock county, WV, the organization ranks 2 out of 268 nonprofits by assets (Top 1%), while locally in weirton, it stands at 2 among 164 organizations (Top 1%).
The organization reported annual revenue of $4,644,626.00, ranking 50,631 nationally (Top 2%) and 242 in WV (Top 2%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE ranks 66 in assets (Top 2%) and 105 in revenue (Top 3%).
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
Described in section 170 b 1 a vi of the Code
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
$4,644,626.00
FORM 990 REVENUE AMOUNT
$4,644,626.00
RULING DATE
01/1995
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$24,515,891.00
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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