BUSINESS DEVELOPMENT CORPORATION OF VERNON
VERNON,
Texas,
76385
EIN: 75-2519355
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
PO BOX 2037
76385
COUNTY
wilbarger county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
BUSINESS DEVELOPMENT CORPORATION OF VERNON is a based in VERNON, TX, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in June 1994, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,539,215 among 2,656,690 nonprofits nationally (Top 58%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 136,884 out of 202,022 organizations in TX (Top 68%).
In wilbarger county, TX, the organization ranks 80 out of 109 nonprofits by assets (Top 71%), while locally in vernon, it stands at 83 among 104 organizations (Top 79%).
The organization reported no revenue in the most recent filing period, placing it at 1,482,608 nationally and 92,331 in TX.
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, BUSINESS DEVELOPMENT CORPORATION OF VERNON ranks 3,679 in assets (Top 76%) and 3,631 in revenue (Top 75%).
Note: This organization's tax-exempt status was temporarily revoked on February 15, 2014 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a August 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
Other inner city or community benefit activities
Described in section 170 b 1 a vi of the Code
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
1: Unconditional Exemption
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Saturday, February 15, 2014;
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
N/A
ACCOUNTING PERIOD
09
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/1994
ASSET CODE
N/A
ASSET AMOUNT
$0.00
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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