Hispanic Development Corporation in Newark, New Jersey (NJ)

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Hispanic Development Corporation
Employer Identification Number (EIN)223328478
Name of OrganizationHispanic Development Corporation
In Care of NameELIZABETH MBAKAYA - CFO
Address233 West Market Street, Newark, NJ 07103
Websitehttp://NEWCOMMUNITY.ORG
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Job training, counseling, or assistance
SubsectionCharitable Organization
Ruling Date04/1995
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1,104
Amount of Income$27,791
Form 990 Revenue Amount$27,791
National Taxonomy of Exempt Entities (NTEE)Employment, Job-Related: Vocational Counseling, Guidance and Testing


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Amount of income in 2013: $27,791 (it was $0 in 2012)
Hispanic Development Corporation: 

 $27,791
Other organizations performing similar types of work: 

 $87,400

Assets in 2013: $1,104 (it was $0 in 2012)
This organization: 

 $1,104
Other organizations performing similar types of work: 

 $41,248

Expenses in 2011: $64,133
Hispanic Development Corporation: 

 $64,133
Other organizations performing similar types of work: 

 $116,232

Income to expenses ratio in 2011: 0.4
This organization: 

 0.4
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2011: 47.7%
This organization: 

 47.7%
Other organizations performing similar types of work: 

 8.1%

Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$27,791
Contributions, gifts, grants, and similar amounts received$13,266
Program service revenue including government fees and contracts$14,525
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$64,133
Total net assets$-36,630
Deficit for the year$-36,342
Net assets or fund balances at beginning of year$-288
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$1,104
Total liabilities$37,734
Net assets or fund balances$-36,630
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$761,144
Gifts, grants, contributions, and membership fees received$761,144
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$14,525
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Upwardly Global582 Market St Ste 1207, San Francisco, CA 94104-5313CA2000-03$3,465,113
2Madera County Workforce Investment Corporation441 E Yosemite Ave, Madera, CA 93638-3604CA2012-08$2,729,340
3Womens Enterprise Development Center Inc1133 Westchester Ave Ste N220, White Plains, NY 10604-3556NY2000-03$986,746
4Washington Interfaith Network1226 Vermont Ave Nw, Washington, DC 20005-3615DC1997-03$587,693
5The Heidi Group IncPO BOX 2050, Round Rock, TX 78680-2050TX1996-01$403,748
6Dress For Success Philadelphia Inc233 N 12th St, Philadelphia, PA 19107-1722PA2014-09$314,525
7Street Beat Inc205 Se 3rd Ave Ste C, South Bay, FL 33493-2303FL1997-02$260,186
8Project Genesis Inc820 Yorkshire Drive, Lima, OH 45804OH2001-11$238,745
9Landrum Foundation Inc9416 S Rhodes, Chicago, IL 60619IL1997-09$211,463
10Womens Audio Mission542 Natoma St # 544, San Francisco, CA 94103-2817CA2004-12$192,876
11America In Recovery Incorporated6901 Alabonson Rd, Houston, TX 77088-6502TX2005-03$183,280
12Arizona Career Pathways108 N 40th St So Bldg Rm 1146, Phoenix, AZ 85034-1704AZ2011-06$173,770
13Kc Black Expo3400 Paseo Blvd, Kansas City, MO 64109-2429MO2010-09$160,996
14Prep Institute Inc6500 Madison Ave Ste 13, Pennsauken, NJ 08109-2766NJ2000-08$110,458
15Careercatchers Inc8720 Georgia Ave Ste 205, Silver Spring, MD 20910-3614MD2009-08$87,400
16Material Handling Society New Jersey Inc, John Castagna64 Courtshire Dr, Brick, NJ 08723-7138NJ2013-12$39,868
17Hispanic Development Corporation233 West Market Street, Newark, NJ 07103NJ1995-04$27,791
18Amethyst House Of New Jersey IncPO BOX 125, Montclair, NJ 07042-0125NJ2004-07$0
19Korean American Community Services Center Of Southern New JerseyPO BOX 2044, Cherry Hill, NJ 08034NJ1999-06$0
20Tip Of The Arrow Foundation Inc231 Powerville Road, Boonton, NJ 07005NJ2009-05$0
Number of organizations performing similar types of work
Alabama9
Arizona6
California43
Colorado7
Connecticut3
District of Columbia4
Florida18
Georgia26
Hawaii1
Iowa1
Idaho2
Illinois15
Indiana4
Kansas5
Kentucky1
Louisiana5
Massachusetts5
Maryland13
Michigan15
Minnesota2
Missouri9
Mississippi3
Montana1
North Carolina14
New Hampshire3
New Jersey6
New Mexico2
Nevada2
New York18
Ohio9
Oklahoma3
Oregon1
Pennsylvania10
Rhode Island2
South Carolina2
Tennessee6
Texas26
Utah2
Virginia8
Vermont1
Washington5
Wisconsin2
West Virginia2
Total322

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