CHELSEA ECONOMIC DVELOPMENT CORPORATION
ATLANTIC CITY,
New Jersey,
08401
EIN: 84-4798843
Community Improvement, Capacity Building
MISSION
TO ORGANIZE AND COORDINATE COMMUNITY, PRIVATE SECTOR LEADERSHIP, GOVERNMENTAL AND OTHER RESOURCES FOR THE PURPOSE OF DEVELOPING GOALS AND DRIVING REVITALIZATION OF NEIGHBORHOOD.
DEMOGRAPHIC
ADDRESS
3750 ATLANTIC AVE
08401
COUNTY
atlantic county, NJ
IN CARE OF NAME
ACEDVCO
ORGANIZATIONAL OVERVIEW & RANKINGS
CHELSEA ECONOMIC DVELOPMENT CORPORATION is a based in ATLANTIC CITY, NJ, focused on Community Improvement, Capacity Building causes , specifically Community, Neighborhood Development, Improvement (General). Established in March 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $177,404.00, this ranks 423,420 among 2,656,690 nonprofits nationally (Top 16%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 11,377 out of 72,131 organizations in NJ (Top 16%).
In atlantic county, NJ, the organization ranks 296 out of 2,233 nonprofits by assets (Top 13%), while locally in atlantic city, it stands at 52 among 324 organizations (Top 13%).
The organization reported annual revenue of $343,609.00, ranking 222,367 nationally (Top 9%) and 5,394 in NJ (Top 8%).
Within its specific NTEE classification (S20 - S: Community Improvement, Capacity Building), which includes 19,834 similar organizations, CHELSEA ECONOMIC DVELOPMENT CORPORATION ranks 1,931 in assets (Top 10%) and 1,195 in revenue (Top 7%).
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
S: Community Improvement, Capacity Building
NTEE CODE
S20: Community, Neighborhood Development, Improvement (General)
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$343,609.00
FORM 990 REVENUE AMOUNT
$343,609.00
RULING DATE
03/2020
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$177,404.00
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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