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WORCESTER BUSINESS DEVELOPMENT CORPORATION

WORCESTER, Massachusetts, 01604

EIN: 04-2381829

Other activity aimed t combating community deterioration
Loans or credit reporting

DEMOGRAPHIC

ADDRESS
89 SHREWSBURY STREET
01604
COUNTY
worcester county, MA

ORGANIZATIONAL OVERVIEW & RANKINGS

WORCESTER BUSINESS DEVELOPMENT CORPORATION is a based in WORCESTER, MA . Established in September 1966, it operates as an independent corporation and contributions are not tax-deductible .

With total assets of $17,242,895.00, this ranks 40,453 among 2,656,690 nonprofits nationally (Top 2%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,602 out of 58,562 organizations in MA (Top 3%).

In worcester county, MA, the organization ranks 108 out of 5,762 nonprofits by assets (Top 2%), while locally in worcester, it stands at 54 among 1,369 organizations (Top 4%).

The organization reported annual revenue of $1,869,155.00, ranking 88,489 nationally (Top 4%) and 3,002 in MA (Top 6%).

Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, WORCESTER BUSINESS DEVELOPMENT CORPORATION ranks 11,531 in assets (Top 2%) and 23,532 in revenue (Top 4%).

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

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other activity aimed t combating community deterioration
Loans or credit reporting
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,872,552.00
FORM 990 REVENUE AMOUNT
$1,869,155.00
RULING DATE
09/1966
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$17,242,895.00
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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