Northeastern Community Development Corporation Inc

Overview

Northeastern Community Development Corporation Inc. is a U.S. nonprofit organization with the Employer Identification Number (EIN) 58-1716737. It is classified as a 501(c)(3) public charity, meaning donations to the organization are tax-deductible.

Mission and Activities

Established in 1986, Northeastern Community Development Corporation Inc. focuses on enhancing the quality of life in its served communities through initiatives in education, affordable housing, and childcare. The organization operates within the Human Services category, specifically as a Multipurpose and Other Human Service Organization.

Financial Profile

Historical financial data indicates that the organization's revenue is primarily derived from program services and contributions. For example, in the fiscal year ending December 2011, the corporation had a total revenue of approximately $1.69 million, with $1.32 million coming from program services and $372,299 from contributions[2]. Expenses were largely directed towards salaries and wages, with $1.14 million allocated for such purposes during the same period[2]. The organization's total assets and liabilities were reported at $3.42 million and $3.32 million respectively in 2011[2].

Classification

The North American Taxonomy of Exempt Entities system classifies Northeastern Community Development Corporation Inc. under the category of Education N.E.C., although its broader mission encompasses more than just educational services[1][2].

Public Impact

As a community-focused nonprofit, Northeastern Community Development Corporation Inc. aims to provide essential services and resources that improve the living conditions and educational opportunities within its targeted communities.