COMWEALTH ECONOMIC DEVELOPMENT CORPORATION
NEWARK,
New Jersey,
07106
EIN: 20-1069748
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
34 TELFORD ST
07106
COUNTY
essex county, NJ
IN CARE OF NAME
WAHY-UD DEEN SHAREEF
ORGANIZATIONAL OVERVIEW & RANKINGS
COMWEALTH ECONOMIC DEVELOPMENT CORPORATION is a based in NEWARK, NJ, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in July 2016, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,624,549 among 2,656,690 nonprofits nationally (Top 62%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 39,374 out of 72,131 organizations in NJ (Top 55%).
In essex county, NJ, the organization ranks 3,817 out of 7,742 nonprofits by assets (Top 50%), while locally in newark, it stands at 1,096 among 2,319 organizations (Top 47%).
The organization reported no revenue in the most recent filing period, placing it at 1,539,309 nationally and 20,710 in NJ.
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, COMWEALTH ECONOMIC DEVELOPMENT CORPORATION ranks 17,462 in assets (Top 55%) and 7,198 in revenue (Top 23%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2013 and was reinstated on May 15, 2013 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year 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
B82: Scholarships, Student Financial Aid Services, Awards
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
Revoked: Wednesday, May 15, 2013;
Reinstated: Wednesday, May 15, 2013
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
07/2016
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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