BUSINESS INITIATIVE CORPORATION OF NEW YORK
BRONX,
New York,
10451
EIN: 13-4088607
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
851 GRAND CONCOURSE RM 123
10451
COUNTY
bronx county, NY
IN CARE OF NAME
RAFAEL ROGER
ORGANIZATIONAL OVERVIEW & RANKINGS
BUSINESS INITIATIVE CORPORATION OF NEW YORK is a based in BRONX, NY, focused on Community Improvement, Capacity Building causes , specifically Business and Industry. Established in September 2001, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $545,866.00, this ranks 281,972 among 2,656,690 nonprofits nationally (Top 11%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 23,462 out of 159,053 organizations in NY (Top 15%).
In bronx county, NY, the organization ranks 614 out of 5,297 nonprofits by assets (Top 12%), while locally in bronx, it stands at 606 among 5,203 organizations (Top 12%).
The organization reported annual revenue of $523,084.00, ranking 178,620 nationally (Top 7%) and 14,433 in NY (Top 10%).
Within its specific NTEE classification (S40 - S: Community Improvement, Capacity Building), which includes 3,919 similar organizations, BUSINESS INITIATIVE CORPORATION OF NEW YORK ranks 314 in assets (Top 8%) and 305 in revenue (Top 8%).
The organization files a 990 (all other) or 990EZ return 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
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S40: Business and Industry
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
TAX PERIOD
09/2023
ACCOUNTING PERIOD
09
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$554,175.00
FORM 990 REVENUE AMOUNT
$523,084.00
RULING DATE
09/2001
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$545,866.00
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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