FRANKLIN-SOUTHAMPTON ECONOMIC DEVELOPMENT INC
FRANKLIN,
Virginia,
23851
EIN: 13-4311862
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
601 N MECHANIC STREET 300
23851
COUNTY
franklin city county, VA
IN CARE OF NAME
WILLIAM A PEAK
ORGANIZATIONAL OVERVIEW & RANKINGS
FRANKLIN-SOUTHAMPTON ECONOMIC DEVELOPMENT INC is a based in FRANKLIN, VA, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in November 2007, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,240,197.00, this ranks 193,024 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 5,224 out of 73,265 organizations in VA (Top 8%).
In franklin city county, VA, the organization ranks 11 out of 150 nonprofits by assets (Top 6%), while locally in franklin, it stands at 11 among 150 organizations (Top 6%).
The organization reported annual revenue of $388,962.00, ranking 208,709 nationally (Top 8%) and 5,982 in VA (Top 9%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, FRANKLIN-SOUTHAMPTON ECONOMIC DEVELOPMENT INC ranks 564 in assets (Top 12%) and 809 in revenue (Top 17%).
The organization files a 990 (all other) or 990EZ return and operates on a May 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
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$388,962.00
FORM 990 REVENUE AMOUNT
$388,962.00
RULING DATE
11/2007
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,240,197.00
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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