NYBDC LOCAL DEVELOPMENT CORPORATION
ALBANY,
New York,
12207
EIN: 26-4032355
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
50 BEAVER ST
12207
COUNTY
albany county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
NYBDC LOCAL DEVELOPMENT CORPORATION is a based in ALBANY, NY, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in October 2009, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $46,460,680.00, this ranks 19,177 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,953 out of 159,053 organizations in NY (Top 2%).
In albany county, NY, the organization ranks 59 out of 3,892 nonprofits by assets (Top 2%), while locally in albany, it stands at 43 among 2,574 organizations (Top 2%).
The organization reported annual revenue of $12,326,838.00, ranking 25,804 nationally (Top 1%) and 2,534 in NY (Top 2%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, NYBDC LOCAL DEVELOPMENT CORPORATION ranks 28 in assets (Top 1%) and 35 in revenue (Top 1%).
The organization files a 990 (all other) or 990EZ return and operates on a August 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
09/2023
ACCOUNTING PERIOD
09
INCOME CODE
8: $10,000,000 to $49,999,999
INCOME AMOUNT
$12,326,838.00
FORM 990 REVENUE AMOUNT
$12,326,838.00
RULING DATE
10/2009
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$46,460,680.00
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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