MIDCITY ACCELERATOR FOUNDATION INC
HUNTSVILLE,
Alabama,
35801
EIN: 85-4102045
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
920 BOB WALLACE AVE SW 320
35801
COUNTY
madison county, AL
IN CARE OF NAME
REMY GROSS
ORGANIZATIONAL OVERVIEW & RANKINGS
MIDCITY ACCELERATOR FOUNDATION INC is a based in HUNTSVILLE, AL, focused on Community Improvement, Capacity Building causes , specifically Urban, Community Economic Development. Established in March 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $4.00, this ranks 785,495 among 2,656,690 nonprofits nationally (Top 30%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 9,292 out of 35,672 organizations in AL (Top 27%).
In madison county, AL, the organization ranks 716 out of 2,901 nonprofits by assets (Top 25%), while locally in huntsville, it stands at 541 among 1,914 organizations (Top 28%).
The organization reported annual revenue of $868,380.00, ranking 136,302 nationally (Top 6%) and 1,444 in AL (Top 5%).
Within its specific NTEE classification (S31 - S: Community Improvement, Capacity Building), which includes 2,490 similar organizations, MIDCITY ACCELERATOR FOUNDATION INC ranks 976 in assets (Top 40%) and 215 in revenue (Top 9%).
The organization files a 990 (all other) or 990EZ return 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
S31: Urban, Community 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
5: $500,000 to $999,999
INCOME AMOUNT
$868,380.00
FORM 990 REVENUE AMOUNT
$868,380.00
RULING DATE
03/2022
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$4.00
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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