Public Charity

BOC DEVELOPMENT CORPORATION

BOC DEVELOPMENT CORPORATION is a Public Charity headquartered in BROOKLYN, NY. Financial data from the 2025 filing: $87K revenue, $73K expenses, $973K total assets. 5 publicly reported grants to this organization, totaling roughly $173K, appear in IRS filings.

EIN: 202660238 BROOKLYN, NY Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$87K
Total Expenses$73K
Total Assets$973K
Grant Records5
Funding Total$173K
Filing Years2021–2025

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 Eileen Thronton
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
2025 $87K $73K $973K
2024 $140K $108K $1.0M
2023 $262K $311K $48K
2022 $270K $184K $115K
2021 $241K $232K $92K

Between 2021 and 2025, reported annual revenue declined from $241K to $87K (-64%), with total assets most recently reported at $973K.

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

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