MISSION
To increase the quality for Cabarrus County residents through the creation of high impact jobs and new tax investment. The organization will focus on economic development activities, e.g. recruiting, retention, expansion).
FORM 1023-EZ for CABARRUS ECONOMIC DEVELOPMENT FOUNDATION INC
NADEMOGRAPHIC
ADDRESS
57 UNION ST S
28025
COUNTY
cabarrus county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
CABARRUS ECONOMIC DEVELOPMENT FOUNDATION INC is a based in CONCORD, NC . Established in August 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,210,970 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 26,162 out of 80,207 organizations in NC (Top 33%).
In cabarrus county, NC, the organization ranks 647 out of 1,553 nonprofits by assets (Top 41%), while locally in concord, it stands at 299 among 946 organizations (Top 30%).
The organization reported no revenue in the most recent filing period, placing it at 1,094,813 nationally and 31,183 in NC.
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, CABARRUS ECONOMIC DEVELOPMENT FOUNDATION INC ranks 227,985 in assets (Top 30%) and 196,381 in revenue (Top 26%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a May fiscal year. Additional information can be found at NA.
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
N/A
NTEE CODE
N/A
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
06/2022
ACCOUNTING PERIOD
06
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2021
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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