DEMOGRAPHIC
ADDRESS
1 WOODBURY ST
01930
COUNTY
essex county, MA
IN CARE OF NAME
DONNA SAUNDERS
ORGANIZATIONAL OVERVIEW & RANKINGS
GLOUCESTER DEVELOPMENT TEAM INC is a based in GLOUCESTER, MA, focused on Housing, Shelter causes . Established in July 1974, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $8,357,340.00, this ranks 65,924 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 2,562 out of 58,562 organizations in MA (Top 5%).
In essex county, MA, the organization ranks 200 out of 5,801 nonprofits by assets (Top 4%), while locally in gloucester, it stands at 10 among 325 organizations (Top 3%).
The organization reported annual revenue of $373,144.00, ranking 213,209 nationally (Top 9%) and 6,626 in MA (Top 12%).
Within its specific NTEE classification (L200 - L: Housing, Shelter), which includes 666 similar organizations, GLOUCESTER DEVELOPMENT TEAM INC ranks 195 in assets (Top 28%) and 435 in revenue (Top 63%).
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
Low income housing
Area development redevelopment of renewal
NTEE COMMON CODE
L: Housing, Shelter
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
$373,144.00
FORM 990 REVENUE AMOUNT
$373,144.00
RULING DATE
07/1974
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$8,357,340.00
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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