AI Summary
Ocean Bay Community Development Corporation (EIN: 84-1622031) is dedicated to revitalizing the Rockaway peninsula and enhancing the quality of life and socioeconomic status of its residents through urban development and community improvement initiatives. With an operating budget of $1.8 million and total revenue of $1.6 million for the 2024 fiscal year, the organization is supported by multiple funders, none of which contribute 50% or more of its revenue. While specific funding sources are undisclosed, Ocean Bay CDC remains committed to its mission of fostering sustainable community growth in its targeted area.
Mission Statement
Ocean Bay Community Development Corporation (Ocean Bay CDC) mission is to revitalize the Rockaway peninsula and to improve the quality of life and socioeconomic status of its residents.
Cause Areas
2
Community improvement
Urban development
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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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Frequently Asked Questions
What is OCEAN BAY COMMUNITY DEVELOPMENT CORP’s budget?
In 2024, OCEAN BAY COMMUNITY DEVELOPMENT CORP reported an annual operating budget of around $1.8 million. More detailed financial information is available to registered users.
What causes does OCEAN BAY COMMUNITY DEVELOPMENT CORP support?
OCEAN BAY COMMUNITY DEVELOPMENT CORP supports work in Community improvement and Urban development.
Where does OCEAN BAY COMMUNITY DEVELOPMENT CORP operate?
OCEAN BAY COMMUNITY DEVELOPMENT CORP is headquartered in Arverne, NY.
Who funded OCEAN BAY COMMUNITY DEVELOPMENT CORP recently?
In 2024, OCEAN BAY COMMUNITY DEVELOPMENT CORP received grants from ROMA BANK COMMUNITY FOUNDATION INC, THE UNITED NEIGHBORHOOD HOUSES OF NEW YORK INC, and MARY J HUTCHINS FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant OCEAN BAY COMMUNITY DEVELOPMENT CORP received in 2024?
The largest grant to OCEAN BAY COMMUNITY DEVELOPMENT CORP in 2024 exceeds $50 thousand.
What is OCEAN BAY COMMUNITY DEVELOPMENT CORP’s reliance on government grants?
OCEAN BAY COMMUNITY DEVELOPMENT CORP relied on government grants for more than 85% of their total revenue in 2024.