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NEW VENTURES BUSINESS DEVELOPMENT INC

POLKTON, North Carolina, 28135

EIN: 20-3387440

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
PO BOX 126
28135
COUNTY
anson county, NC
IN CARE OF NAME
GINGER MCLAIN

ORGANIZATIONAL OVERVIEW & RANKINGS

NEW VENTURES BUSINESS DEVELOPMENT INC is a based in POLKTON, NC, focused on Community Improvement, Capacity Building causes , specifically Urban, Community Economic Development. Established in September 2006, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,299,800 among 2,656,690 nonprofits nationally (Top 49%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 54,272 out of 80,207 organizations in NC (Top 68%).

In anson county, NC, the organization ranks 105 out of 161 nonprofits by assets (Top 53%), while locally in polkton, it stands at 11 among 16 organizations (Top 11%).

The organization reported no revenue in the most recent filing period, placing it at 1,138,822 nationally and 43,612 in NC.

Within its specific NTEE classification (S31 - S: Community Improvement, Capacity Building), which includes 2,490 similar organizations, NEW VENTURES BUSINESS DEVELOPMENT INC ranks 1,449 in assets (Top 58%) and 1,422 in revenue (Top 57%).

Note: This organization's tax-exempt status was temporarily revoked on November 15, 2021 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year 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
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

Note: A current revocation appears on the IRS revocation list
Revoked: Monday, November 15, 2021;

IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of Nov. 202
TAX PERIOD
06/2018
ACCOUNTING PERIOD
06
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2006
ASSET CODE
N/A
ASSET AMOUNT
$0.00
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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