FUTURE DRIVE EMPOWERMENT CENTER
CHICAGO,
Illinois,
60707
EIN: 85-1205743
Community Improvement, Capacity Building
MISSION
FDEC is a community development organization. Our purpose is to support underserved/low-income communities by providing various programs & activities that are critical to community health and that will inspire and empower the residents that we serve.
DEMOGRAPHIC
ADDRESS
6914 W NORTH AVE
60707
COUNTY
cook county, IL
ORGANIZATIONAL OVERVIEW & RANKINGS
FUTURE DRIVE EMPOWERMENT CENTER is a based in CHICAGO, IL, focused on Community Improvement, Capacity Building causes , specifically Community, Neighborhood Development, Improvement (General). Established in July 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $643,774.00, this ranks 263,050 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 11,520 out of 106,037 organizations in IL (Top 11%).
In cook county, IL, the organization ranks 6,101 out of 46,103 nonprofits by assets (Top 14%), while locally in chicago, it stands at 4,352 among 28,197 organizations (Top 16%).
The organization reported annual revenue of $496,995.00, ranking 183,596 nationally (Top 7%) and 7,342 in IL (Top 7%).
Within its specific NTEE classification (S20 - S: Community Improvement, Capacity Building), which includes 19,834 similar organizations, FUTURE DRIVE EMPOWERMENT CENTER ranks 992 in assets (Top 5%) and 954 in revenue (Top 5%).
The organization files a 990 (all other) or 990EZ return 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
S20: Community, Neighborhood Development, Improvement (General)
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
$496,995.00
FORM 990 REVENUE AMOUNT
$496,995.00
RULING DATE
07/2020
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$643,774.00
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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