NEW DURHAM CORPORATION
DURHAM,
North Carolina,
27701
EIN: 56-1529636
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
101 CITY HALL PLAZA
27701
COUNTY
durham county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
NEW DURHAM CORPORATION is a based in DURHAM, NC, focused on Community Improvement, Capacity Building causes . Established in June 1987, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $226,600,958.00, this ranks 5,199 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 124 out of 80,207 organizations in NC (Top 1%).
In durham county, NC, the organization ranks 13 out of 3,340 nonprofits by assets (Top 1%), while locally in durham, it stands at 11 among 3,186 organizations (Top 1%).
The organization reported annual revenue of $7,352,191.00, ranking 37,342 nationally (Top 2%) and 863 in NC (Top 2%).
Within its specific NTEE classification (S410 - S: Community Improvement, Capacity Building), which includes 82 similar organizations, NEW DURHAM CORPORATION ranks 1 in assets (Top 1%) and 10 in revenue (Top 10%).
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
Area development redevelopment of renewal
Attracting new industry or retaining industry in an area
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
N/A
FOUNDATION CODE
17: Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above. 509(a)(3)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
7: $5,000,000 to $9,999,999
INCOME AMOUNT
$7,352,191.00
FORM 990 REVENUE AMOUNT
$7,352,191.00
RULING DATE
06/1987
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$226,600,958.00
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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