CHELSEA BUSINESS FOUNDATION INC
CHELSEA,
Massachusetts,
02129
EIN: 82-3962027
Educational Institutions and Related Activities
MISSION
The Corporation is organized to provide education to small business owners and entrepreneurs through bilingual workshops, training programs and one on one support on who to manage and run a successful business. Funds will be raised through grants.
DEMOGRAPHIC
ADDRESS
529 MAIN ST
02129
COUNTY
suffolk county, MA
IN CARE OF NAME
EFFIE JARAMILLO
ORGANIZATIONAL OVERVIEW & RANKINGS
CHELSEA BUSINESS FOUNDATION INC is a based in CHELSEA, MA, focused on Educational Institutions and Related Activities causes , specifically Professional Societies, Associations. Established in February 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $254,464.00, this ranks 377,375 among 2,656,690 nonprofits nationally (Top 15%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 12,228 out of 58,562 organizations in MA (Top 21%).
In suffolk county, MA, the organization ranks 2,954 out of 8,887 nonprofits by assets (Top 34%), while locally in chelsea, it stands at 39 among 154 organizations (Top 20%).
The organization reported annual revenue of $438,229.00, ranking 196,391 nationally (Top 8%) and 6,129 in MA (Top 11%).
Within its specific NTEE classification (B03 - B: Educational Institutions and Related Activities), which includes 6,034 similar organizations, CHELSEA BUSINESS FOUNDATION INC ranks 318 in assets (Top 6%) and 188 in revenue (Top 4%).
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
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B03: Professional Societies, Associations
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
12/2021
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$438,229.00
FORM 990 REVENUE AMOUNT
$438,229.00
RULING DATE
02/2018
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$254,464.00
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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