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CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORPORATION INC

BROOKLYN, New York, 11212

EIN: 11-2981085

Educational Institutions and Related Activities

DEMOGRAPHIC

ADDRESS
69 BELMONT AVE
11212
COUNTY
kings county, NY

ORGANIZATIONAL OVERVIEW & RANKINGS

CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORPORATION INC is a based in BROOKLYN, NY, focused on Educational Institutions and Related Activities causes , specifically Management & Technical Assistance. Established in January 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $80,248.00, this ranks 521,455 among 2,656,690 nonprofits nationally (Top 20%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 40,484 out of 159,053 organizations in NY (Top 26%).

In kings county, NY, the organization ranks 3,338 out of 18,995 nonprofits by assets (Top 18%), while locally in brooklyn, it stands at 3,325 among 18,866 organizations (Top 18%).

The organization reported annual revenue of $681,354.00, ranking 155,272 nationally (Top 6%) and 12,812 in NY (Top 9%).

Within its specific NTEE classification (B02 - B: Educational Institutions and Related Activities), which includes 1,394 similar organizations, CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORPORATION INC ranks 261 in assets (Top 19%) and 149 in revenue (Top 11%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 and was reinstated on May 15, 2022 .

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
Job training counseling or assistance
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B02: Management & Technical Assistance
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

Note: A past revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2022;
Reinstated: Sunday, May 15, 2022
Data current as of Oct. 2024
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$681,354.00
FORM 990 REVENUE AMOUNT
$681,354.00
RULING DATE
01/2024
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$80,248.00
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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