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RAI DEVELOPMENT CORPORATION

CARRBORO, North Carolina, 27510

EIN: 56-2097995

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
550 SMITH LEVEL RD
27510
COUNTY
orange county, NC

ORGANIZATIONAL OVERVIEW & RANKINGS

RAI DEVELOPMENT CORPORATION is a based in CARRBORO, NC, focused on Community Improvement, Capacity Building causes , specifically Real Estate Organizations. Established in August 2002, it operates as an independent corporation and contributions are not tax-deductible .

With total assets of $710,685.00, this ranks 251,813 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 6,566 out of 80,207 organizations in NC (Top 9%).

In orange county, NC, the organization ranks 204 out of 1,766 nonprofits by assets (Top 12%), while locally in carrboro, it stands at 17 among 146 organizations (Top 9%).

The organization reported annual revenue of $111,460.00, ranking 376,396 nationally (Top 15%) and 10,852 in NC (Top 14%).

Within its specific NTEE classification (S47 - S: Community Improvement, Capacity Building), which includes 2,392 similar organizations, RAI DEVELOPMENT CORPORATION ranks 864 in assets (Top 36%) and 797 in revenue (Top 34%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S47: Real Estate Organizations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$111,460.00
FORM 990 REVENUE AMOUNT
$111,460.00
RULING DATE
08/2002
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$710,685.00
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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