Local Initiatives Managed Assets Corporation

Local Initiatives Managed Assets Corporation is a charitable organization in New York, New York. Its tax id (EIN) is 11-2848981. It was granted tax-exempt status by IRS in August, 1987. For detailed information such as income and other financial data of Local Initiatives Managed Assets Corporation, refer to the following table.


Profile of Local Initiatives Managed Assets Corporation

Organization Name Local Initiatives Managed Assets Corporation
Tax Id (EIN)11-2848981
Address 501 Seventh Avenue 7th Floor, New York, NY 10018-5970
In Care of Name Local Initiatives Support Corp
All tax-exempt organizations in zip code 10018
Tax PeriodAssetIncomeRevenue
December, 2013$0$0$0
December, 2014$0$0$0
December, 2015$0$0$0
December, 2016$0$0$0
December, 2017$0$0$0
December, 2018$0$0$0
IRS Exempt Status Ruling Date August, 1987
Exempt Status Unconditional Exemption
Deductibility Contributions are deductible
Tax Exempt Classification Community Improvement, Capacity Building
Tax Exempt Activity Community, Neighborhood Development, Improvement (General)
NTEE CodeS20
Organization's purposes,
activities, & operations
Other inner city or community benefit activities
(note: this activity classification has been replaced by the Tax Exempt Classification shown above since 1995.)
Foundation Type 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)
Organization Type Corporation
Organization Classification Charitable Organization
Affiliation Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Primary Return(s) Required to File 990 - Required to file Form 990-N - Income less than $25,000 per year
Private Foundation Filing Requirement No need to 990-PF return
Asset Range Reported on Form 990$0
Income Range Reported on Form 990$0
Accounting Period 12