COUNCIL FOR ECONOMIC DEVELOPMENT OF AFRICAN DESCENDANTS INC CEDAD
NEWARK,
Delaware,
19711
EIN: 84-3892550
Community Improvement, Capacity Building
MISSION
TO SEEK, FOSTER, ENGENDER AND ENGAGE ALL ECONOMIC DEVELOPMENT FOR PEOPLE OF AFRICAN BUSINESS BUSINESSES.
FORM 1023-EZ for COUNCIL FOR ECONOMIC DEVELOPMENT OF AFRICAN DESCENDANTS INC CEDAD
DEMOGRAPHIC
ADDRESS
1 INNOVATION WAY STE 300D
19711
COUNTY
new castle county, DE
ORGANIZATIONAL OVERVIEW & RANKINGS
COUNCIL FOR ECONOMIC DEVELOPMENT OF AFRICAN DESCENDANTS INC CEDAD is a based in NEWARK, DE, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in June 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,555,495 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 9,830 out of 12,383 organizations in DE (Top 80%).
In new castle county, DE, the organization ranks 7,619 out of 8,347 nonprofits by assets (Top 92%), while locally in newark, it stands at 940 among 1,117 organizations (Top 84%).
The organization reported no revenue in the most recent filing period, placing it at 2,017,040 nationally and 10,612 in DE.
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, COUNCIL FOR ECONOMIC DEVELOPMENT OF AFRICAN DESCENDANTS INC CEDAD ranks 4,663 in assets (Top 96%) and 4,626 in revenue (Top 95%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 .
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
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
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
Note: A current revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2022;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/2020
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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