Nonprofit · EIN 13-3982063
MALCOLM SHABAZZ DEVELOPMENT CORPORATION
Tax-exempt (reinstated) · NEW YORK, NY 10026
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $192,491 | $195,619 | -$3,128 | $14,245 | $81,516 | -$67,271 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $11,971
- Program service revenue
- $180,520
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $12,027
- Accounting fees
- $6,790
- Occupancy
- $39,009
- Travel
- $2,420
- Program services (functional)
- $195,619
Balance sheet and other
- Total assets, start of year
- $10,857
- Total assets, end of year
- $14,245
- Total liabilities, end of year
- $81,516
- Net assets, end of year
- -$67,271
- Net assets without donor restrictions
- -$67,271
- Gross receipts
- $192,491
- Employees
- 0
- Year formed
- 1997
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Izak-el M Pasha | Executive Director Trustee or director, Officer | 1 | $0 |
| Marsha Pasha | Board Secretary Officer | 1 | $0 |
| Mujib Mannan | Project Director Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 102 WEST 116TH STREET, NEW YORK, NY 10026-2500
- In care of
- % IMAM MUNEEB KATHIM
- Principal officer (990 for 2024)
- Marsha Pasha, 102 West 116th Street, New York, NY 10026
- Signed the 990
- Marsha Pasha, Director
- Phone
- (212) 662-2200
- Return prepared by
- Ivan Armstrong CPA
Mission
Provide technical assistance to entrepreneurs small business owners. Provide an incubator program for small business entrepreneurs to start and grow their businesses.
Program accomplishments
- Provide small businesses technical assistance and an incubator housing program for start-up businesses to have a place to grow their business while receiving training. Training classes consist of how to write a business plann, marketing for today and the future, facebook, twitter and beyond, inventory sales and bookkeeping. Host a summer youth work program. Train the youth on how to start a business. Prepare a site shop and design a store lay-out. Write a business plan. Shop for inventory then open the store. Host summer concerts and fashion shows that give the trainees addition opportunites and sales.Expenses $195,619 · revenue $192,491
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 13-3982063
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L25)
- Assets (IRS master file)
- $14,245
- Income (IRS master file)
- $192,491
Revocation and reinstatement
- Exemption revoked
- May 15, 2018
- Posted by the IRS
- August 13, 2018
- Reinstated
- Effective May 15, 2018
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $192,491 | $195,619 | $14,245 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3982063).
Questions about MALCOLM SHABAZZ DEVELOPMENT CORPORATION
- What is the EIN of MALCOLM SHABAZZ DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MALCOLM SHABAZZ DEVELOPMENT CORPORATION is 13-3982063.
- Is MALCOLM SHABAZZ DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2018.
- Are donations to MALCOLM SHABAZZ DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MALCOLM SHABAZZ DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MALCOLM SHABAZZ DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MALCOLM SHABAZZ DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MALCOLM SHABAZZ DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names Marsha Pasha.
- Who are the officers and directors of MALCOLM SHABAZZ DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does MALCOLM SHABAZZ DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $192,491, expenses of $195,619 and total assets of $14,245 at year end.
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