Public Charity

BOC DEVELOPMENT CORPORATION

BOC DEVELOPMENT CORPORATION is a Public Charity headquartered in BROOKLYN, NY. Financial data from the 2024 filing: $140K revenue, $108K expenses, $1.0M total assets. 5 publicly reported grants to this organization, totaling roughly $173K, appear in IRS filings.

EIN: 202660238 BROOKLYN, NY Latest filing: 2024
Total Revenue$140K
Total Expenses$108K
Total Assets$1.0M
Grant Records5
Funding Total$173K
Filing Years2020–2024

Mission

THROUGH PARTNERSHIPS, BOC DEVELOPMENT CORPORATION HELPS PRESERVE COMMERCIAL SPACE FOR SMALL BUSINESS USES IN LOW-INCOME AREAS AND COLLABORATES WITH THE BUSINESS OUTREACH CENTER NETWORK, INC. FOR SERVICES TO SMALL BUSINESS AND ADMINISTRATIVE SUPPORT. SOURCES OF REVENUES ARE PROGRAM FEES ASSOCIATED WITH COMMERCIAL/INDUSTRIAL BUSINESS DEVELOPMENT AS WELL AS USER FEES AND GRANT SUPPORT FOR THE BRONX BUSINESS INCUBATOR.

Officers & Directors

Aud Comm Member Daniel Liu
AUD comm member David Acevedo
CFO Elena Zikuss
Aud comm member Gregory J Libertiny
Aud Comm chair Leslie Winter
President Nancy Carin

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMITMENT OF FUNDS AGREEMENT
$73,000 2 grants
BXL Business Incubator
$50,000 1 grant
Business Development
$40,000 1 grant
JM Chase Ascend
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $140K $108K $1.0M
2023 $262K $311K $48K
2022 $270K $184K $115K
2021 $241K $232K $92K
2020 $224K $294K $76K

Between 2020 and 2024, reported annual revenue declined from $224K to $140K (-38%), with total assets most recently reported at $1.0M.

Interactive year-over-year charts and full filing details available with membership.

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