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MARGATE TERRACE CORPORATION

MARGATE, New Jersey, 08402

EIN: 22-2706023

Housing for the aged see also 153
Low and moderate income housing

DEMOGRAPHIC

ADDRESS
610 NORTH FREDERICKSBURG AVENUE
08402
COUNTY
atlantic county, NJ
IN CARE OF NAME
SENIOR CITIZENS APTS

ORGANIZATIONAL OVERVIEW & RANKINGS

MARGATE TERRACE CORPORATION is a based in MARGATE, NJ . Established in August 1987, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $4,395,023.00, this ranks 97,580 among 2,656,690 nonprofits nationally (Top 4%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 2,468 out of 72,131 organizations in NJ (Top 4%).

In atlantic county, NJ, the organization ranks 53 out of 2,233 nonprofits by assets (Top 3%), while locally in margate, it stands at 3 among 37 organizations (Top 3%).

The organization reported no revenue in the most recent filing period, placing it at 1,814,622 nationally and 64,600 in NJ.

Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, MARGATE TERRACE CORPORATION ranks 28,419 in assets (Top 4%) and 668,613 in revenue (Top 86%).

The organization files a 990 - Not required to file(all other) 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
Housing for the aged see also 153
Low and moderate income housing
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
25: Organization terminating its private foundation status under section 507(b)(1)(B) of the Code

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,550,700.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/1987
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$4,395,023.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
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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