DEMOGRAPHIC
ADDRESS
80 JAMAICA AVE
11207
COUNTY
kings county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK is a based in BROOKLYN, NY . Established in May 1979, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $410,211.00, this ranks 317,376 among 2,656,690 nonprofits nationally (Top 12%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 26,063 out of 159,053 organizations in NY (Top 17%).
In kings county, NY, the organization ranks 1,992 out of 18,995 nonprofits by assets (Top 11%), while locally in brooklyn, it stands at 1,985 among 18,866 organizations (Top 11%).
The organization reported annual revenue of $783,742.00, ranking 143,992 nationally (Top 6%) and 12,042 in NY (Top 8%).
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK ranks 98,715 in assets (Top 13%) and 38,623 in revenue (Top 5%).
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
Attracting new industry or retaining industry in an area
Area development redevelopment of renewal
Community promotion
NTEE COMMON CODE
N/A
NTEE CODE
N/A
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
5: $500,000 to $999,999
INCOME AMOUNT
$783,742.00
FORM 990 REVENUE AMOUNT
$783,742.00
RULING DATE
05/1979
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$410,211.00
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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