Rockaway Business Alliance Inc

Organization Overview

Rockaway Business Alliance Inc is located in Inwood, NY. The organization was established in 2016. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockaway Business Alliance Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2019, Rockaway Business Alliance Inc generated $116.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $88.8k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2019

Describe the Organization's Program Activity:

Part 3

MISSION STATEMENT CONCEPTS TO POSITIVELY IMPACT THE ROCKAWAY PENINSULA COMMUNITY BY ENSURING THAT OUR SHOPPING CORRIDORS ARE SAFE, WELCOMING AND FULLY ACTIVATED, AND OUR BUSINESSES ARE ECONOMICALLY VIABLE TO THE BENEFIT OF THE MERCHANTS, RESIDENTS, AND VISITORS. ROCKAWAY BUSINESS ALLIANCE, INC. ("RBA") WILL INITIATE EFFICIENT COMMUNITY PROGRAMMING IN ADDITION TO PROVIDING BUSINESS RESOURCES AND TOOLS TO OPERATE AND GROW WITH COMMUNITY-ORIENTED MECHANISMS, WHILE OFFERING AN EMPOWERING COLLECTIVE TO SHARE INPUT ON COMMUNITY AND BUSINESS NEEDS, SUPPORTING ONE ANOTHER THROUGH COLLABORATION. VISION STATEMENT RBAS VISION IS TO CREATE BUSINESS CORRIDORS THAT ARE CLEAN, SAFE, AND WELCOMING, WITH SHOPPING, DINING, ATTRACTIONS, AND ENGAGEMENT FOR THE LOCAL COMMUNITY, AND THE SWELL OF VISITORS DRAWN TO ROCKAWAYS BEACHES AND OPEN SPACES. RBA SEEKS TO CREATE AND CURATE AN INVITING ATMOSPHERE FOR ALL TO ENJOY YEAR-ROUND. BY ENGAGING BUSINESSES THAT SEE THIS VISION, RBA EXPECTS TO CONTRIBUTE TO THE ECONOMIC AND SOCIAL IMPACT OF THE ROCKAWAYS. ALTERNATIVE:A ROCKAWAY PENINSULA WITH AN ENGAGED BUSINESS COMMUNITY THAT CONTRIBUTES TO THE COMMUNITYS ECONOMIC AND SOCIAL IMPACT CREATING AN INVITING ATMOSPHERE FOR ALL TO ENJOY YEAR-ROUND. BUSINESS CORRIDORS THAT ARE CLEAN, SAFE, AND WELCOMING, WITH SHOPPING, DINING, ATTRACTIONS, AND ENGAGEMENT FOR THE LOCAL COMMUNITY, AND VISITORS DRAWN TO ROCKAWAYS BEACHES AND OPEN SPACES. IN 2019, RBA SEEKS: TO SUPPORT EXISTING BUSINESSES NEEDS AND TO BUILD TRUST BETWEEN MERCHANTS, WE HELD A WORKSHOP ON HOW TO ADDRESS COMMON BUSINESS NEEDS IDENTIFIED IN THE STUDY (MARKETING, FOR EXAMPLE). THE FORMAT WAS DESIGNED TO ALLOW FOR A HIGH AMOUNT OF COMMUNICATION/PROBLEM-SOLVING BETWEEN MERCHANTS.. TO MEET THE NEED FOR BEAUTIFICATION EXPRESSED BY BOTH MERCHANTS AND CONSUMERS IN THE CNDA, WE CONNECTED MERCHANTS IN LOW- AND MODERATE-INCOME NEIGHBORHOODS TO EXISTING FREE OR LOW COST PROGRAMS FOR PHYSICAL/AESTHETIC IMPROVEMENTS FOR THEIR STORES. CD FUNDS WILL NOT BE SPENT ON EVENT OR CAPITAL COSTS RELATED TO BEAUTIFICATION ACTIVITIES. HOST A POP-UP FOOD MARKET. GIVEN THE HIGH DEMAND FOR MORE AFFORDABLE AND HEALTHY FOOD OPTIONS IN ROCKAWAY EXPRESSED THROUGH THE CDNA, WE AIMED TO PROMOTE NEW FOOD BUSINESSES FROM LOW- AND MODERATE-INCOME NEIGHBORHOODS IN ROCKAWAY. WE ATTEMPTED TO CULMINATE THESE EFFORTS WITH AN EVENT THAT TO SERVE AS A PRIME OPPORTUNITY FOR EMERGING FOOD BUSINESSES IN ROCKAWAY TO GAIN THEIR FIRST TRAFFIC/EXPOSURE. HOLD A WORKSHOP FOR HOW LOCAL ENTREPRENEURS CAN POTENTIALLY START THEIR OWN BUSINESS OR WORK WITH EXISTING BUSINESSES. WE INVITED GUEST SPEAKERS FROM THE FOOD INDUSTRY, HIGHLIGHTED BEST PRACTICES, AND INVITED PARTICIPANTS TO EXPLORE HOW THEY MIGHT IMPLEMENT SUCH IDEAS LOCALLY. WORKSHOPS WERE USED TO LEVERAGE EXTERNAL COMMUNITY DEVELOPMENT RESOURCES EXISTING WITHIN THE TARGET AREA. CREATE A NON-RETAIL BUSINESS ATTRACTION PROGRAM. ROCKAWAY IS IN HIGH NEED OF LOCAL EMPLOYMENT OPPORTUNITIES AND GREATER LOCAL SPENDING POWER (PARTICULARLY IN THE OFF-SEASON). WE DESIGNED AND PROMOTED A SURVEY TO SEE WHAT THE MAIN NEEDS MIGHT BE FOR THOSE WORKING IN OR SEEKING TO WORK IN A REMOTE CONTEXT FROM ROCKAWAY. WE ALSO USED THESE SURVEYS AS AN OPPORTUNITY TO RECRUIT COMMUNITY MEMBERS FOR FUTURE WORKSHOPS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$116,229
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$116,229

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Rockaway Business Alliance Inc has recieved totaling $69,751.

Awarding OrganizationAmount
New York City Business Assistance Corporation

New York, NY

PURPOSE: BID challenge

$50,666
New York City Business Assistance Corporation

New York, NY

PURPOSE: BID challenge

$19,085
View Grant Recipient Profile

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