DEMOGRAPHIC
ADDRESS
16 WINDSONG DR
28730
COUNTY
buncombe county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
IDAC CORP is a based in FAIRVIEW, NC, focused on Community Improvement, Capacity Building causes , specifically Business and Industry. Established in August 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 854,954 among 2,656,690 nonprofits nationally (Top 33%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 28,508 out of 80,207 organizations in NC (Top 36%).
In buncombe county, NC, the organization ranks 833 out of 2,658 nonprofits by assets (Top 31%), while locally in fairview, it stands at 25 among 64 organizations (Top 25%).
The organization reported no revenue in the most recent filing period, placing it at 1,586,041 nationally and 23,766 in NC.
Within its specific NTEE classification (S40 - S: Community Improvement, Capacity Building), which includes 3,919 similar organizations, IDAC CORP ranks 3,233 in assets (Top 83%) and 3,218 in revenue (Top 83%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year 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
S40: Business and Industry
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
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2024
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
