LAKE NORMAN REGIONAL ECONOMIC DEVELOPMENT CORPORATION
HUNTERSVILLE,
North Carolina,
28078
EIN: 51-0463069
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
CO TOWN OF HUNTERSVILLE 100
28078
COUNTY
mecklenburg county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
LAKE NORMAN REGIONAL ECONOMIC DEVELOPMENT CORPORATION is a based in HUNTERSVILLE, NC, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in June 2004, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $374,344.00, this ranks 328,773 among 2,656,690 nonprofits nationally (Top 13%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 8,544 out of 80,207 organizations in NC (Top 11%).
In mecklenburg county, NC, the organization ranks 1,005 out of 10,149 nonprofits by assets (Top 10%), while locally in huntersville, it stands at 30 among 476 organizations (Top 6%).
The organization reported annual revenue of $358,071.00, ranking 217,798 nationally (Top 9%) and 6,249 in NC (Top 8%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, LAKE NORMAN REGIONAL ECONOMIC DEVELOPMENT CORPORATION ranks 992 in assets (Top 21%) and 842 in revenue (Top 18%).
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
$358,071.00
FORM 990 REVENUE AMOUNT
$358,071.00
RULING DATE
06/2004
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$374,344.00
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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