MAGNOLIA FCU COMMUNITY DEVELOPMENT CORPORATION
JACKSON,
Mississippi,
39206
EIN: 93-2642865
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
240 BRIARWOOD DR
39206
COUNTY
hinds county, MS
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGNOLIA FCU COMMUNITY DEVELOPMENT CORPORATION is a based in JACKSON, MS, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in July 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1.00, this ranks 813,534 among 2,656,690 nonprofits nationally (Top 31%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 5,033 out of 21,650 organizations in MS (Top 24%).
In hinds county, MS, the organization ranks 815 out of 4,718 nonprofits by assets (Top 17%), while locally in jackson, it stands at 730 among 4,117 organizations (Top 18%).
The organization reported no revenue in the most recent filing period, placing it at 657,956 nationally and 4,515 in MS.
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, MAGNOLIA FCU COMMUNITY DEVELOPMENT CORPORATION ranks 2,303 in assets (Top 47%) and 2,275 in revenue (Top 47%).
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
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
07/2024
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1.00
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.
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