DEMOGRAPHIC
ADDRESS
208 E MAIN STREET 2ND FLOOR
23510
COUNTY
norfolk city county, VA
ORGANIZATIONAL OVERVIEW & RANKINGS
DOWNTOWN NORFOLK DEVELOPMENT CORPORATION is a based in NORFOLK, VA . Established in February 1982, it operates as an independent corporation and contributions are not tax-deductible .
With total assets of $2,181,908.00, this ranks 144,326 among 2,656,690 nonprofits nationally (Top 6%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 3,870 out of 73,265 organizations in VA (Top 6%).
In norfolk city county, VA, the organization ranks 133 out of 1,935 nonprofits by assets (Top 7%), while locally in norfolk, it stands at 133 among 1,939 organizations (Top 7%).
The organization reported annual revenue of $2,378,826.00, ranking 76,720 nationally (Top 3%) and 2,156 in VA (Top 3%).
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, DOWNTOWN NORFOLK DEVELOPMENT CORPORATION ranks 42,852 in assets (Top 6%) and 20,390 in revenue (Top 3%).
The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
200
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$2,576,997.00
FORM 990 REVENUE AMOUNT
$2,378,826.00
RULING DATE
02/1982
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,181,908.00
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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