New Durham Corporation

New Durham Corporation is a charitable organization in Durham, North Carolina. Its tax id (EIN) is 56-1529636. It was granted tax-exempt status by IRS in June, 1987. For detailed information such as income and other financial data of New Durham Corporation, refer to the following table.


Profile of New Durham Corporation

Organization Name New Durham Corporation
Tax Id (EIN)56-1529636
Address 101 City Hall Plz, Durham, NC 27701-3329
All tax-exempt organizations in zip code 27701
Tax PeriodAssetIncomeRevenue
June, 2013$87,860,000$4,266,684$4,266,684
June, 2014$122,580,000$4,825,640$4,825,640
June, 2015$112,770,000$4,577,859$4,577,859
June, 2016$97,010,000$3,911,797$3,911,797
June, 2017$86,960,000$3,476,566$3,476,566
June, 2018$226,865,000$3,514,730$3,514,730
June, 2019$204,363,367$8,984,518$8,984,518
June, 2020$200,270,000$8,717,449$8,717,449
June, 2021$176,755,000$7,603,444$7,603,444
June, 2022$203,681,091$6,567,478$6,567,478
June, 2023$226,600,958$7,352,191$7,352,191
June, 2024$261,680,000$9,471,639$9,471,639
IRS Exempt Status Ruling Date June, 1987
Exempt Status Unconditional Exemption
Deductibility Contributions are deductible
Tax Exempt Classification Community Improvement, Capacity Building
Tax Exempt Activity Promotion of Business
NTEE CodeS41
Organization's purposes,
activities, & operations
Area development, redevelopment of renewal
(note: this activity classification has been replaced by the Tax Exempt Classification shown above since 1995.)
Foundation Type Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above. 509(a)(3)
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 (all other) or 990EZ return
Private Foundation Filing Requirement No need to 990-PF return
Asset Range Reported on Form 990$50,000,000 to greater
Income Range Reported on Form 990$5,000,000 to 9,999,999
Accounting Period 06