NORFOLK INNOVATION CORRIDOR
NORFOLK,
Virginia,
23510
EIN: 84-4182364
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
101 W MAIN STREET 1000-A
23510
COUNTY
norfolk city county, VA
IN CARE OF NAME
BARRY BISHOP
ORGANIZATIONAL OVERVIEW & RANKINGS
NORFOLK INNOVATION CORRIDOR is a based in NORFOLK, VA, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in December 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $82,357.00, this ranks 518,324 among 2,656,690 nonprofits nationally (Top 20%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 13,742 out of 73,265 organizations in VA (Top 19%).
In norfolk city county, VA, the organization ranks 361 out of 1,935 nonprofits by assets (Top 19%), while locally in norfolk, it stands at 361 among 1,939 organizations (Top 19%).
The organization reported annual revenue of $171,800.00, ranking 310,429 nationally (Top 12%) and 8,831 in VA (Top 13%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, NORFOLK INNOVATION CORRIDOR ranks 1,588 in assets (Top 33%) and 1,165 in revenue (Top 24%).
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
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$171,800.00
FORM 990 REVENUE AMOUNT
$171,800.00
RULING DATE
12/2021
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$82,357.00
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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