MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION
MCALLEN,
Texas,
78503
EIN: 20-1334546
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
6401 S 33RD ST
78503
COUNTY
hidalgo county, TX
IN CARE OF NAME
MIKE ALLEN
ORGANIZATIONAL OVERVIEW & RANKINGS
MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION is a based in MCALLEN, TX, focused on Community Improvement, Capacity Building causes , specifically Promotion of Business. Established in August 2006, it operates as an independent corporation and contributions are not tax-deductible .
With total assets of $691,134.00, this ranks 254,979 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 16,187 out of 202,022 organizations in TX (Top 9%).
In hidalgo county, TX, the organization ranks 149 out of 2,341 nonprofits by assets (Top 7%), while locally in mcallen, it stands at 58 among 725 organizations (Top 8%).
The organization reported annual revenue of $1,521,749.00, ranking 99,580 nationally (Top 4%) and 5,408 in TX (Top 3%).
Within its specific NTEE classification (S41 - S: Community Improvement, Capacity Building), which includes 21,510 similar organizations, MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION ranks 1,555 in assets (Top 8%) and 833 in revenue (Top 4%).
The organization files a 990 (all other) or 990EZ return and operates on a August fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S41: Promotion of Business
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
09/2023
ACCOUNTING PERIOD
09
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,521,749.00
FORM 990 REVENUE AMOUNT
$1,521,749.00
RULING DATE
08/2006
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$691,134.00
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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