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Ocean Parkway Community Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112515695 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ocean Parkway Community Development Corp?

The Ocean Parkway Community Development Corp is a nonprofit organization committed to enhancing and revitalizing its community. Primarily funded by New York State and various agencies, their mission revolves around stabilizing and improving the neighborhood. They focus on developing, renovating, and preserving local housing, ensuring these properties are made accessible to families with low income. Their initiatives aim to foster a sustainable and vibrant community.

Is Ocean Parkway Community Development Corp legitimate?

Ocean Parkway Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Parkway Community Development Corp submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Ocean Parkway Community Development Corp?

The Ocean Parkway Community Development Corp is dedicated to enhancing and improving neighborhoods through various programs. Primary funding for these initiatives comes from New York State and associated agencies. The organization's efforts focus on the development, renovation, and preservation of local housing, making it accessible to low-income families. This commitment to community stabilization and revitalization aims to uplift the area and provide essential housing solutions for those in need.

Who is the CEO of Ocean Parkway Community Development Corp?

Avrohom Jaffe is the Executive Director of Ocean Parkway Community Development Corp.

What is the revenue of Ocean Parkway Community Development Corp?

Ocean Parkway Community Development Corp's revenue in 2023 was $150,095.

Who are the executives of Ocean Parkway Community Development Corp and what are their salaries?


Here are 4 key members and their salaries:


Alan Dubrow (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Jason (Vice Pres/Secy)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Bauer (Director Of Operations)
  • Compensation: $22,789
  • Related: $0
  • Other: $0
Avrohom Jaffe (Executive Director)
  • Compensation: $13,457
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ocean Parkway Community Development Corp?

Ocean Parkway Community Development Corp's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Ocean Parkway Community Development Corp

Ocean Parkway Community Development Corp, as an organization, is dedicated to improving and revitalizing local neighborhoods. Their primary mission involves conducting programs that aim at stabilizing and enhancing the community. These initiatives are primarily funded by various state agencies and organizations. The corporation plays a crucial role in developing, renovating, and preserving local housing. Their goal is to make these homes accessible to families with limited income. In essence, Ocean Parkway Community Development Corp is committed to enhancing the living conditions of the community and providing affordable housing options for its residents.

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Impact




October, 2024

Ocean Parkway Community Development Corp significantly enhances neighborhood stability and revitalization efforts in Brooklyn, NY. By focusing on the development, rehabilitation, and preservation of local housing, the organization plays a vital role in ensuring that low-income families have access to affordable homes. Through its various programs funded primarily by New York State and other agencies, it works to improve the overall quality of life in the community. The organization's initiatives not only address immediate housing needs but also contribute to the long-term revitalization and improvement of the neighborhood, fostering a sense of community and stability among residents.




This information is meant to be a general summary of Ocean Parkway Community Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$150,095 (2023)
Expenses
$145,970 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $150,095

Assets and Liabilities:

  • Total Assets: $55,602
  • Total Liabilities: $73,501
  • Net Assets: -$17,899

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Organization Details

Principal Officer

Avrohom Jaffe

Main Address

4006-18TH AVENUE, BROOKLYN, NY, 11218

NTEE Category

Code: S20Z - Community improvement

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