Bay Ridge Community Development Center Inc
- Assets
- $2.7m
- Revenue
- $909.8k
- Investments
- $0.0
- Employees
- 13
- Location
- Brooklyn, NY
- Founding
- Data as of
- 12/2023
- EIN
- 83-2708042
Organization Overview
Bay Ridge Community Development Center Inc is located in Brooklyn, NY. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2023, Bay Ridge Community Development Center Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Ridge Community Development Center 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 12/2023, Bay Ridge Community Development Center Inc generated $909.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.1%) each year. All expenses for the organization totaled $977.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND PROVIDE HIGHEST QUALITY ACTIVITIES AND SERVICE THAT WILL CONTRIBUTE TO PHYSICAL, EMOTIONAL AND SOCIAL WELL-BEING OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FREE SOCIAL SERVICES, SUCH AS, HEALTHCARE, TRANSLATION, RESUME-JOB APPLICATION, COUNSELING, HOUSING (RENT), FOOD BENEFITS, SENIOR CITIZEN BENEFITS, EDUCATION, LEGAL-IMMIGRATION, AND SOCIAL SECURITY AND DISABILITY GUIDENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bibi Esahck Executive Director | Officer | 40 | $62,400 |
Hifza Qureshi Board Member | Trustee | 5 | $0 |
Essa Masoud Board Member | Trustee | 5 | $0 |
Zein Rimawi Vice President | OfficerTrustee | 15 | $0 |
Albi Saqe Treasurer And Secretary | OfficerTrustee | 20 | $0 |
Mohamed Elnashar President | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $849,816 |
| Noncash contributions included in lines 1a–1f | $500,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $849,816 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $60,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $909,816 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,400 |
| Compensation of current officers, directors, key employees. | $5,110 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $107,826 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,893 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $35,121 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $60,000 |
| Travel | $7,617 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,267 |
| Insurance | $4,161 |
| All other expenses | $31,909 |
| Total functional expenses | $977,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,486 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,359,450 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $284,973 |
| Total assets | $2,735,909 |
| Accounts payable and accrued expenses | $679 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $679 |
| Net assets without donor restrictions | $2,735,230 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,735,909 |