Overview

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Est.

1992

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Central Brooklyn Economic Development Corp (EIN: 11-2981085) is a nonprofit organization focused on educational management and job training, with a mission to develop affordable housing. In 2023, the organization operated with a budget of $466.7K and generated total revenue of $432.5K, relying on a diverse range of funders without a single source contributing 50% or more of its revenue.

Mission Statement

Develop affordable housing
Revenues
$432.5K
Expenses
$466.7K
Net Income:
-$34.3K
Assets
$76.5K
Liabilities
$52.9K
Net Assets:
+$23.6K
Operating Budget
$466.7K
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
3
Median grant size
$248.3K
Largest grant received
$468.3K
A
Aifuma Ehigiator
Board Member
H
Herman Smith
Board Member
D
David Alexander
Board Member

Frequently Asked Questions

What is CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORP’s budget?
In 2023, CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORP reported an annual operating budget of around $467 thousand. More detailed financial information is available to registered users.
What causes does CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORP support?
CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORP supports work in Job training and Educational management.
Where does CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORP operate?
CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORP is headquartered in Brooklyn, NY.
Who funded CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORP recently?
In 2024, CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORP received grants from JOBSFIRSTNYC, LOCAL INITIATIVES SUPPORT CORPORATION, and THE NEW YORK WOMEN'S FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORP received in 2024?
The largest grant to CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORP in 2024 exceeds $468 thousand.
What is CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORP’s reliance on government grants?
CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORP relied on government grants for more than 55% of their total revenue in 2023.