Question 1

Is Business Initiative Corporation of New York a tax-exempt 501(c)(3)?

Accepted Answer

Yes — Business Initiative Corporation of New York is recognised by the IRS as a 501(c)(3) organisation (EIN 13-4088607). The IRS recognised Business Initiative Corporation of New York as tax-exempt in September 2001.

Question 2

What is Business Initiative Corporation of New York's EIN?

Accepted Answer

Business Initiative Corporation of New York's Employer Identification Number (EIN) is 13-4088607. The EIN was assigned by the IRS in September 2001. Donors and grantmakers use the EIN to verify tax-exempt status with the IRS.

Question 3

What does Business Initiative Corporation of New York do?

Accepted Answer

The corporation works with the SBA and private lenders to provide financing to all sectors of the Bronx and New York State Business community to support economic development.

Question 4

Where is Business Initiative Corporation of New York located?

Accepted Answer

Business Initiative Corporation of New York is located at 851 Grand Concourse Suite 123, Bronx, NY, 10451.

Question 5

When was Business Initiative Corporation of New York founded or recognised by the IRS?

Accepted Answer

Business Initiative Corporation of New York was recognised by the IRS as a tax-exempt organisation in September 2001. The IRS ruling date is the earliest authoritative date available for most US nonprofits.

Question 6

What is Business Initiative Corporation of New York's annual revenue?

Accepted Answer

On its most recent Form 990 (fiscal year 2023), Business Initiative Corporation of New York reported $592K in total revenue and $770K in total expenses.

Question 7

Has Business Initiative Corporation of New York been auto-revoked by the IRS?

Accepted Answer

No — Business Initiative Corporation of New York (EIN 13-4088607) does not appear on the IRS Auto-Revocation List. Givalgo Discover cross-references the IRS Auto-Revocation List on every profile load; if status changes, this page reflects it.

Question 8

Is Business Initiative Corporation of New York listed in IRS Publication 78?

Accepted Answer

Yes — Business Initiative Corporation of New York is listed in IRS Publication 78 as an organisation eligible to receive tax-deductible charitable contributions. Pub 78 status is the canonical IRS signal that donations to an org are deductible.

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Business Initiative Corporation of New York

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