GREATER LAREDO DEVELOPMENT FOUNDATION
LAREDO,
Texas,
78044
EIN: 74-1623486
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
PO BOX 2682
78044
COUNTY
webb county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
GREATER LAREDO DEVELOPMENT FOUNDATION is a based in LAREDO, TX, focused on Community Improvement, Capacity Building causes , specifically Urban, Community Economic Development. Established in October 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $254,556.00, this ranks 377,340 among 2,656,690 nonprofits nationally (Top 15%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 24,469 out of 202,022 organizations in TX (Top 13%).
In webb county, TX, the organization ranks 73 out of 677 nonprofits by assets (Top 11%), while locally in laredo, it stands at 72 among 663 organizations (Top 11%).
The organization reported annual revenue of $892,960.00, ranking 134,262 nationally (Top 6%) and 7,572 in TX (Top 4%).
Within its specific NTEE classification (S31 - S: Community Improvement, Capacity Building), which includes 2,490 similar organizations, GREATER LAREDO DEVELOPMENT FOUNDATION ranks 499 in assets (Top 20%) and 211 in revenue (Top 9%).
The organization files a 990 (all other) or 990EZ return and operates on a August fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Attracting new industry or retaining industry in an area
200
Loans or credit reporting
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S31: Urban, Community 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
09/2023
ACCOUNTING PERIOD
09
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$892,960.00
FORM 990 REVENUE AMOUNT
$892,960.00
RULING DATE
10/2023
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$254,556.00
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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