Search icon

PARALLEL EXIT, INC.

Company Details

Name: PARALLEL EXIT, INC.
Jurisdiction: New York
Legal type: DOMESTIC NOT-FOR-PROFIT CORPORATION
Status: Active
Date of registration: 16 Mar 2007 (18 years ago)
Entity Number: 3490893
ZIP code: 10032
County: New York
Place of Formation: New York
Address: 70 HAVEN AVENUE #4D, NEW YORK, NY, United States, 10032

Unique Entity ID

Unique Entity ID Expiration Date Physical Address Mailing Address
EZ6BEKKDYJX9 2024-10-22 175 EASTERN PKWY, APT 1K, BROOKLYN, NY, 11238, 6006, USA 175 EASTERN PARKWAY, 1K, BROOKLYN, NY, 11238, 6006, USA

Business Information

URL parallelexit.com
Congressional District 10
State/Country of Incorporation NY, USA
Activation Date 2023-10-25
Initial Registration Date 2010-06-24
Entity Start Date 2007-03-16
Fiscal Year End Close Date Dec 31

Points of Contacts

Electronic Business
Title PRIMARY POC
Name MARK LONERGAN
Role MR.
Address 175 EASTERN PARKWAY, 1K, BROOKLYN, NY, 10032, 2612, USA
Government Business
Title PRIMARY POC
Name MARK LONERGAN
Role MR.
Address 175 EASTERN PARKWAY, 1K, BROOKLYN, NY, 10032, 2612, USA
Past Performance Information not Available

Commercial and government entity program

CAGE number Status Type Established CAGE Update Date CAGE Expiration SAM Expiration
61Q98 Obsolete Non-Manufacturer 2010-06-24 2024-10-09 No data 2025-10-07

Contact Information

POC MARK LONERGAN
Phone +1 917-407-7537
Address 175 EASTERN PKWY, BROOKLYN, NY, 11238 6006, UNITED STATES

Ownership of Offeror Information

Highest Level Owner Information not Available
Immediate Level Owner Information not Available
List of Offerors (0) Information not Available

DOS Process Agent

Name Role Address
THE CORPORATION DOS Process Agent 70 HAVEN AVENUE #4D, NEW YORK, NY, United States, 10032

Filings

Filing Number Date Filed Type Effective Date
070316001196 2007-03-16 CERTIFICATE OF INCORPORATION 2007-03-16

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
20-8728956 Corporation Unconditional Exemption 175 EASTERN PKWY, BROOKLYN, NY, 11238-6056 2009-05
In Care of Name % MARK LONERGAN
Group Exemption Number 0000
Subsection Charitable Organization, Educational Organization, Literary Organization, Organization to Prevent Cruelty to Animals, Organization to Prevent Cruelty to Children, Organization for Public Safety Testing, Religious Organization, Scientific Organization
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Government Instrumentality, Title-Holding Corporation, Charitable Organization, Educational Organization, Local Association of Employees, Agricultural Organization, Horticultural Organization, Board of Trade, Business League, Pleasure, Recreational, or Social Club, Fraternal Beneficiary Society, Order or Association, Voluntary Employees' Beneficiary Association (Non-Govt. Emps.), Voluntary Employees' Beneficiary Association (Govt. Emps.), Domestic Fraternal Societies and Associations, Teachers Retirement Fund Assoc., Benevolent Life Insurance Assoc., Mutual Ditch or Irrigation Co., Burial Association, Cemetery Company, Credit Union, Other Mutual Corp. or Assoc., Mutual Insurance Company or Assoc. Other Than Life or Marine, Corp. Financing Crop Operations, Supplemental Unemployment Compensation Trust or Plan, Employee Funded Pension Trust (Created Before 6/25/59), Post or Organization of War Veterans, Legal Service Organization, Black Lung Trust, Multiemployer Pension Plan, Veterans Assoc. Formed Prior to 1880, Trust Described in Sect. 4049 of ERISA, Title Holding Co. for Pensions, etc., State-Sponsored High Risk Health Insurance Organizations, State-Sponsored Workers' Compensation Reinsurance, ACA 1322 Qualified Nonprofit Health Insurance Issuers, Apostolic and Religious Org. (501(d)), Cooperative Hospital Service Organization (501(e)), Cooperative Service Organization of Operating Educational Organization (501(f)), Child Care Organization (501(k)), Charitable Risk Pool, Qualified State-Sponsored Tuition Program, 4947(a)(1) - Private Foundation (Form 990PF Filer)
Deductibility Contributions are deductible.
Foundation Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes 509(a)(2)
Tax Period 2023-12
Asset 25,000 to 99,999
Income 100,000 to 499,999
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Dec
Asset Amount 29943
Income Amount 122870
Form 990 Revenue Amount 122870
National Taxonomy of Exempt Entities Arts, Culture and Humanities: Theater
Sort Name -

Publication 78 Data

Description Organizations eligible to receive tax-deductible charitable contributions. Users may rely on this list in determining deductibility of their contributions.
On Publication 78 Data List Yes
Deductibility Type of organization and use of contribution: A public charity. Deductibility Limitation: 50% (60% for cash contributions)

Determination Letter

Final Letter(s) FinalLetter_20-8728956_PARALLELEXITINC_07302008_01.tif
FinalLetter_20-8728956_PARALLELEXITINC_07302008_02.tif

Form 990-N (e-Postcard)

Organization Name PARALLEL EXIT INC
EIN 20-8728956
Tax Year 2019
Beginning of tax period 2019-01-01
End of tax period 2019-12-31
Gross receipts not greater than $50000 Yes
Organization has terminated No
Mailing Address 175 EASTERN PARKWAY SUITE 1K, BROOKLYN, NY, 11238, US
Principal Officer's Name MATTHEW MENENDEZ
Principal Officer's Address 175 EASTERN PARKWAY SUITE 1K, BROOKLYN, NY, 11238, US
Website URL PARALLELEXIT.COM

Copies of Returns (990, 990-EZ, 990-PF, 990-T)

Organization Name PARALLEL EXIT INC
EIN 20-8728956
Tax Period 202212
Filing Type E
Return Type 990
File View File
Organization Name PARALLEL EXIT INC
EIN 20-8728956
Tax Period 202212
Filing Type E
Return Type 990
File View File
Organization Name PARALLEL EXIT INC
EIN 20-8728956
Tax Period 202112
Filing Type E
Return Type 990EZ
File View File
Organization Name PARALLEL EXIT INC
EIN 20-8728956
Tax Period 202012
Filing Type E
Return Type 990EZ
File View File
Organization Name PARALLEL EXIT INC
EIN 20-8728956
Tax Period 201912
Filing Type E
Return Type 990EZ
File View File
Organization Name PARALLEL EXIT INC
EIN 20-8728956
Tax Period 201812
Filing Type E
Return Type 990EZ
File View File
Organization Name PARALLEL EXIT INC
EIN 20-8728956
Tax Period 201712
Filing Type E
Return Type 990EZ
File View File
Organization Name PARALLEL EXIT INC
EIN 20-8728956
Tax Period 201612
Filing Type P
Return Type 990ER
File View File
Organization Name PARALLEL EXIT INC
EIN 20-8728956
Tax Period 201612
Filing Type P
Return Type 990EZ
File View File

Date of last update: 28 Mar 2025

Sources: New York Secretary of State