Overview

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Est.

1976

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Queens Economic Development Corporation is an economic development nonprofit focused on creating and retaining jobs in Queens through programs that support small businesses and promote tourism and business development. In filing year 2025, it reported an operating budget and total revenue of $4.2 million, with major support from ROMA BANK COMMUNITY FOUNDATION INC, NYC & COMPANY FOUNDATION INC, and CITY PARKS FOUNDATION INC.

Mission Statement

The Organization creates and retains jobs through establishing programs throughout neighborhoods that assist small businesses and promote tourism and business development.
Revenues
$4.2M
Expenses
$4.2M
Net Income:
+$30.1K
Assets
$2.7M
Liabilities
$439.1K
Net Assets:
+$2.3M
Operating Budget
$4.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
7
Median grant size
$15K
Largest grant received
$300K
S
Seth Bornstein
Board Member
O
Omar Baptiste
Board Member
V
Verdia Noel
Board Member
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  • 22 funders
  • 36 board & team members
  • 9 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is QUEENS ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2025, QUEENS ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $4.2 million. More detailed financial information is available to registered users.
What causes does QUEENS ECONOMIC DEVELOPMENT CORPORATION support?
QUEENS ECONOMIC DEVELOPMENT CORPORATION supports work in Economic development.
Where does QUEENS ECONOMIC DEVELOPMENT CORPORATION operate?
QUEENS ECONOMIC DEVELOPMENT CORPORATION is headquartered in KEW GARDENS, NY.
Who funded QUEENS ECONOMIC DEVELOPMENT CORPORATION recently?
In 2025, QUEENS ECONOMIC DEVELOPMENT CORPORATION received grants from TD CHARITABLE FOUNDATION, THE REALTY FOUNDATION OF NEW YORK INC, and ROMA BANK COMMUNITY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant QUEENS ECONOMIC DEVELOPMENT CORPORATION received in 2024?
The largest grant to QUEENS ECONOMIC DEVELOPMENT CORPORATION in 2024 exceeds $300 thousand.
What is QUEENS ECONOMIC DEVELOPMENT CORPORATION’s reliance on government grants?
QUEENS ECONOMIC DEVELOPMENT CORPORATION relied on government grants for more than 60% of their total revenue in 2025.