Public Charity

OCEAN BAY COMMUNITY DEVELOPMENT CORP

OCEAN BAY COMMUNITY DEVELOPMENT CORP is a Public Charity headquartered in ARVERNE, NY. Financial data from the 2024 filing: $1.6M revenue, $1.8M expenses, $720K total assets. 17 publicly reported grants to this organization, totaling roughly $549K, appear in IRS filings.

EIN: 841622031 ARVERNE, NY Latest filing: 2024
Total Revenue$1.6M
Total Expenses$1.8M
Total Assets$720K
Grant Records17
Funding Total$549K
Filing Years2022–2024

Mission

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.

Sample Grants Received

$27,450
$44,250
2022
EMERGENCY ACTION FOR RESIDENTS & PARTNERS STABILITY
$31,611
$12,590
2021
ACQUISITION AND REHAB OF AFFORDABLE HOUSING
$79,766

Showing up to 5 of 17 total records — full history available with membership.

Officers & Directors

vice-chair Ann Howard
Secretary Bernadette Luina
BOARD CHAIR Bridie Wheeler
Executive Dir. Ebony Beaty
Treasurer Patsy Simmons

Officer compensation and complete director data available with membership.

Top Grant Purposes

Program support
$150,330 4 grants
CAPACITY BUILDING
$81,786 3 grants
ACQUISITION AND REHAB OF AFFORDABLE HOUSING
$79,766 1 grant
PROGRAM SUPPORT
$71,700 2 grants
SEE PART IV
$37,590 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.6M $1.8M $720K
2023 $1.8M $1.8M $894K
2022 $1.1M $869K $528K

Between 2022 and 2024, reported annual revenue grew from $1.1M to $1.6M (+37%), with total assets most recently reported at $720K.

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

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