Commercial Development & Management Corporation
EIN: 262650489 · Las Vegas, NV · NTEE: T112
| Metric | Value |
|---|---|
| Total Revenue | $370K |
| Total Expenses | $350K |
| Net Assets | $9K |
Is Commercial Development & Management Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Commercial Development & Management Corporation
Commercial Development & Management Corporation (EIN: 262650489) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T112. The organization reported total revenue of $370K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Commercial Development & Management Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Commercial Development & Management Corporation is a small nonprofit that has been operating for 17 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $356K |
| Total Expenses | $350K |
| Surplus / Deficit | +$6K |
| Total Assets | $44K |
| Total Liabilities | $35K |
| Net Assets | $9K |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 79.4% |
| Months of Reserves | 1.5 months |
Financial Health Grade: B
In 2018, Commercial Development & Management Corporation reported a surplus of $6K with revenue exceeding expenses, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 79.4% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Commercial Development & Management Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +56.0% | +53.2% | -55.4% |
| 2017 | -51.3% | -51.7% | +685.3% |
| 2016 | -20.5% | -19.4% | -89.2% |
| 2015 | +1055.0% | +1095.5% | +3664.4% |
| 2014 | +63.4% | +25.5% | +173.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Commercial Development & Management Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Commercial Development & Management Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 79.4%.
Frequently Asked Questions about Commercial Development & Management Corporation
Is Commercial Development & Management Corporation a legitimate charity?
Commercial Development & Management Corporation (EIN: 262650489) is a registered tax-exempt nonprofit based in Nevada. It has 8 years of IRS 990 filings on record. Total revenue: $370K. No red flags identified. Financial health grade: B.
How does Commercial Development & Management Corporation spend its money?
Commercial Development & Management Corporation reported $370K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Commercial Development & Management Corporation tax-deductible?
Commercial Development & Management Corporation is registered as a tax-exempt nonprofit (EIN: 262650489). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Commercial Development & Management Corporation located?
Commercial Development & Management Corporation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 262650489. It is classified under NTEE code T112.
How many years of IRS 990 filings does Commercial Development & Management Corporation have?
Commercial Development & Management Corporation has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $370K in total revenue.
Filing History
IRS 990 filing history for Commercial Development & Management Corporation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Commercial Development & Management Corporation's revenue has grown by 17.4%, moving from $303K to $356K. Total assets decreased by 59.4% over the same period, from $109K to $44K. Total functional expenses rose by 46.7%, from $238K to $350K. In its most recent filing year (2018), Commercial Development & Management Corporation reported a surplus of $6K, with revenue exceeding expenses. The organization holds $35K in liabilities against $44K in assets (debt-to-asset ratio: 79.4%), resulting in net assets of $9K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $356K | $350K | $44K | $35K | — | View 990 |
| 2017 | $228K | $228K | $99K | $96K | — | View 990 |
| 2016 | $469K | $473K | $13K | $10K | — | View 990 |
| 2015 | $590K | $586K | $117K | $111K | — | View 990 |
| 2014 | $51K | $49K | $3K | $79 | — | View 990 |
| 2013 | $31K | $39K | $1K | $132 | — | View 990 |
| 2012 | $40K | $133K | $9K | $143 | — | View 990 |
| 2011 | $303K | $238K | $109K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $356K, expenses of $350K, and assets of $44K (revenue +56.0% year-over-year).
- 2017: Revenue of $228K, expenses of $228K, and assets of $99K (revenue -51.3% year-over-year).
- 2016: Revenue of $469K, expenses of $473K, and assets of $13K (revenue -20.5% year-over-year).
- 2015: Revenue of $590K, expenses of $586K, and assets of $117K (revenue +1055.0% year-over-year).
- 2014: Revenue of $51K, expenses of $49K, and assets of $3K (revenue +63.4% year-over-year).
- 2013: Revenue of $31K, expenses of $39K, and assets of $1K (revenue -21.9% year-over-year).
- 2012: Revenue of $40K, expenses of $133K, and assets of $9K (revenue -86.8% year-over-year).
- 2011: Revenue of $303K, expenses of $238K, and assets of $109K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Commercial Development & Management Corporation:
Data Sources and Methodology
This transparency report for Commercial Development & Management Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.