RALEIGH AREA DEVELOPMENT AUTHORITY
RALEIGH,
North Carolina,
27619
EIN: 30-0218536
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
PO BOX 19445
27619
COUNTY
wake county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
RALEIGH AREA DEVELOPMENT AUTHORITY is a based in RALEIGH, NC, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in August 2004, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $32,166.00, this ranks 617,183 among 2,656,690 nonprofits nationally (Top 24%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 15,803 out of 80,207 organizations in NC (Top 20%).
In wake county, NC, the organization ranks 2,176 out of 10,332 nonprofits by assets (Top 21%), while locally in raleigh, it stands at 1,549 among 6,106 organizations (Top 26%).
The organization reported annual revenue of $248,463.00, ranking 260,364 nationally (Top 10%) and 7,588 in NC (Top 10%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, RALEIGH AREA DEVELOPMENT AUTHORITY ranks 1,842 in assets (Top 38%) and 990 in revenue (Top 21%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 .
The organization files a 990 (all other) or 990EZ return and operates on a November 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
Note: A current revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2022;
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.
TAX PERIOD
12/2018
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$248,463.00
FORM 990 REVENUE AMOUNT
$248,463.00
RULING DATE
08/2004
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$32,166.00
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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