DEMOGRAPHIC
ADDRESS
610 NORTH FREDERICKSBURG AVENUE
08402
COUNTY
atlantic county, NJ
ORGANIZATIONAL OVERVIEW & RANKINGS
MARGATE TERRACE DEVELOPMENT CORPORATION is a based in MARGATE, NJ, focused on Housing, Shelter causes , specifically Nonmonetary Support N.E.C.. Established in August 2017, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $866,662.00, this ranks 229,941 among 2,656,690 nonprofits nationally (Top 9%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 6,030 out of 72,131 organizations in NJ (Top 9%).
In atlantic county, NJ, the organization ranks 149 out of 2,233 nonprofits by assets (Top 7%), while locally in margate, it stands at 7 among 37 organizations (Top 7%).
The organization reported annual revenue of $32,754.00, ranking 535,088 nationally (Top 21%) and 14,773 in NJ (Top 21%).
Within its specific NTEE classification (L19 - L: Housing, Shelter), which includes 215 similar organizations, MARGATE TERRACE DEVELOPMENT CORPORATION ranks 35 in assets (Top 12%) and 64 in revenue (Top 25%).
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
L: Housing, Shelter
NTEE CODE
L19: Nonmonetary Support N.E.C.
FOUNDATION CODE
21: 509(a)(3) Type I
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$69,126.00
FORM 990 REVENUE AMOUNT
$32,754.00
RULING DATE
08/2017
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$866,662.00
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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