URBAN DEVELOPMENT CORPORATION
CHICAGO,
Illinois,
60615
EIN: 36-3132762
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
550 E 50TH PL
60615
COUNTY
cook county, IL
ORGANIZATIONAL OVERVIEW & RANKINGS
URBAN DEVELOPMENT CORPORATION is a based in CHICAGO, IL, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in August 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $857,106.00, this ranks 231,197 among 2,656,690 nonprofits nationally (Top 9%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 10,159 out of 106,037 organizations in IL (Top 10%).
In cook county, IL, the organization ranks 5,479 out of 46,103 nonprofits by assets (Top 12%), while locally in chicago, it stands at 3,935 among 28,197 organizations (Top 14%).
The organization reported annual revenue of $1,194,928.00, ranking 114,147 nationally (Top 5%) and 4,672 in IL (Top 5%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, URBAN DEVELOPMENT CORPORATION ranks 678 in assets (Top 14%) and 385 in revenue (Top 8%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2014 and was reinstated on May 15, 2014 .
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
Low income housing
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
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
Revoked: Thursday, May 15, 2014;
Reinstated: Thursday, May 15, 2014
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,194,928.00
FORM 990 REVENUE AMOUNT
$1,194,928.00
RULING DATE
08/2019
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$857,106.00
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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