DEMOGRAPHIC
ADDRESS
396 OCEAN AVE
01945
COUNTY
essex county, MA
ORGANIZATIONAL OVERVIEW & RANKINGS
TERMEER FOUNDATION INC is a based in MARBLEHEAD, MA, focused on Medical Research causes , specifically Specific Organ Research. Established in March 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,118,396.00, this ranks 203,251 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 7,155 out of 58,562 organizations in MA (Top 13%).
In essex county, MA, the organization ranks 627 out of 5,801 nonprofits by assets (Top 11%), while locally in marblehead, it stands at 19 among 260 organizations (Top 7%).
The organization reported annual revenue of $521,229.00, ranking 178,971 nationally (Top 7%) and 5,617 in MA (Top 10%).
Within its specific NTEE classification (H40 - H: Medical Research), which includes 85 similar organizations, TERMEER FOUNDATION INC ranks 11 in assets (Top 11%) and 7 in revenue (Top 7%).
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
H: Medical Research
NTEE CODE
H40: Specific Organ Research
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,735,353.00
FORM 990 REVENUE AMOUNT
$521,229.00
RULING DATE
03/2019
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,118,396.00
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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