NEW AFRICA COMMUNITY DEVELOPMENT CORPORATION NEW AFRICA CDC
MINNEAPOLIS,
Minnesota,
55401
EIN: 82-2465029
Housing, Shelter
MISSION
To operate by and for persons of African descent as a community land trust and a federally designated community based development organization to economically empower all historically marginalized persons in the Twin Cities metropolitan area.
FORM 1023-EZ for NEW AFRICA COMMUNITY DEVELOPMENT CORPORATION NEW AFRICA CDC
DEMOGRAPHIC
ADDRESS
115 2ND AVE S APT 1004
55401
COUNTY
hennepin county, MN
IN CARE OF NAME
MATTHEW RAMADAN
ORGANIZATIONAL OVERVIEW & RANKINGS
NEW AFRICA COMMUNITY DEVELOPMENT CORPORATION NEW AFRICA CDC is a based in MINNEAPOLIS, MN, focused on Housing, Shelter causes , specifically Housing Development, Construction, Management. Established in June 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $8,693.00, this ranks 700,729 among 2,656,690 nonprofits nationally (Top 27%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 15,529 out of 53,624 organizations in MN (Top 29%).
In hennepin county, MN, the organization ranks 4,531 out of 13,125 nonprofits by assets (Top 35%), while locally in minneapolis, it stands at 2,419 among 6,505 organizations (Top 38%).
The organization reported annual revenue of $47,040.00, ranking 504,233 nationally (Top 19%) and 12,099 in MN (Top 23%).
Within its specific NTEE classification (L20 - L: Housing, Shelter), which includes 6,518 similar organizations, NEW AFRICA COMMUNITY DEVELOPMENT CORPORATION NEW AFRICA CDC ranks 3,010 in assets (Top 47%) and 2,480 in revenue (Top 38%).
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
L: Housing, Shelter
NTEE CODE
L20: Housing Development, Construction, Management
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$47,040.00
FORM 990 REVENUE AMOUNT
$47,040.00
RULING DATE
06/2018
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$8,693.00
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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