Overview

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Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

EAST RIVER DEVELOPMENT ALLIANCE INC is a nonprofit organization focused on community improvement and shelter and residential care, dedicated to empowering tenants of public housing neighborhoods to achieve economic mobility and self-sufficiency. With an operating budget of $9.9 million for the 2024 filing year, the organization offers integrated programs including employment services, financial counseling, and youth development initiatives. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.

Mission Statement

The mission is to provide tenants of public housing neighborhoods the tools and resources needed to achieve economic mobility and self sufficiency, and to break cycles of poverty. Integrated programs include employment services, financial counseling, youth development/college access, Credit Union support and others.
Revenues
$9.9M
Expenses
$9.9M
Net Income:
+$32.7K
Assets
$11M
Liabilities
$5.8M
Net Assets:
+$5.2M
Operating Budget
$9.9M
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
$20K
Largest grant received
$510K
M
Mitchell Taylor
Board Member
D
David Miller
Board Member
B
Bonny Bergstein
Board Member

Frequently Asked Questions

What is EAST RIVER DEVELOPMENT ALLIANCE INC’s budget?
In 2024, EAST RIVER DEVELOPMENT ALLIANCE INC reported an annual operating budget of around $9.9 million. More detailed financial information is available to registered users.
What causes does EAST RIVER DEVELOPMENT ALLIANCE INC support?
EAST RIVER DEVELOPMENT ALLIANCE INC supports work in Community improvement and Shelter and residential care.
Where does EAST RIVER DEVELOPMENT ALLIANCE INC operate?
EAST RIVER DEVELOPMENT ALLIANCE INC is headquartered in Long Island City, NY.
Who funded EAST RIVER DEVELOPMENT ALLIANCE INC recently?
In 2025, EAST RIVER DEVELOPMENT ALLIANCE INC received grants from Jewish Communal Fund, ROBIN HOOD FOUNDATION, and CITI FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant EAST RIVER DEVELOPMENT ALLIANCE INC received in 2024?
The largest grant to EAST RIVER DEVELOPMENT ALLIANCE INC in 2024 exceeds $510 thousand.
What is EAST RIVER DEVELOPMENT ALLIANCE INC’s reliance on government grants?
EAST RIVER DEVELOPMENT ALLIANCE INC relied on government grants for more than 85% of their total revenue in 2024.