ECONOMIC DEVELOPMENT UNIT INC
NEW ORLEANS,
Louisiana,
70128
EIN: 72-0794863
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
11448 S EASTERLYN CIR
70128
COUNTY
orleans county, LA
ORGANIZATIONAL OVERVIEW & RANKINGS
ECONOMIC DEVELOPMENT UNIT INC is a based in NEW ORLEANS, LA, focused on Community Improvement, Capacity Building causes . Established in September 1984, it operates as an independent corporation and contributions are not tax-deductible .
With total assets of $254,723.00, this ranks 377,252 among 2,656,690 nonprofits nationally (Top 15%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 4,014 out of 33,837 organizations in LA (Top 12%).
In orleans county, LA, the organization ranks 932 out of 4,883 nonprofits by assets (Top 20%), while locally in new orleans, it stands at 965 among 5,022 organizations (Top 19%).
The organization reported annual revenue of $232,038.00, ranking 269,020 nationally (Top 11%) and 3,073 in LA (Top 10%).
Within its specific NTEE classification (S31Z - S: Community Improvement, Capacity Building), which includes 344 similar organizations, ECONOMIC DEVELOPMENT UNIT INC ranks 189 in assets (Top 49%) and 144 in revenue (Top 36%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Low income housing
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
N/A
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$366,748.00
FORM 990 REVENUE AMOUNT
$232,038.00
RULING DATE
09/1984
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$254,723.00
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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