MISSION
To receive and administer funds for charitable, religious and educational purposes within the meaning of Section 501 (c) (3) of the Internal Revenue Code of 1986, as amended, and to make distributions of income to Section 501 (c) (3) organizations.
NONEDEMOGRAPHIC
ADDRESS
12095 48TH AVE N
55442
COUNTY
hennepin county, MN
IN CARE OF NAME
ANGELINE R SPELIOPOULOS
ORGANIZATIONAL OVERVIEW & RANKINGS
PENELOPE 35 INC is a based in PLYMOUTH, MN, focused on Housing, Shelter causes , specifically Senior Citizens' Housing/Retirement Communities. Established in August 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,643,279 among 2,656,690 nonprofits nationally (Top 62%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 24,164 out of 53,624 organizations in MN (Top 46%).
In hennepin county, MN, the organization ranks 7,815 out of 13,125 nonprofits by assets (Top 60%), while locally in plymouth, it stands at 319 among 565 organizations (Top 54%).
The organization reported no revenue in the most recent filing period, placing it at 861,094 nationally and 24,122 in MN.
Within its specific NTEE classification (L22 - L: Housing, Shelter), which includes 3,135 similar organizations, PENELOPE 35 INC ranks 2,569 in assets (Top 82%) and 2,506 in revenue (Top 80%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2010 and was reinstated on August 15, 2018 .
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. Additional information can be found at NONE.
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
L22: Senior Citizens' Housing/Retirement Communities
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
Revoked: Saturday, May 15, 2010;
Reinstated: Wednesday, August 15, 2018
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2018
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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