Overview
What is West Brighton Community Local Development Corporation?
West Brighton Community Local Development Corporation, doing business as Staten Island Business Outreach (SIBOC), is a not-for-profit organization located in Staten Island, New York. Their mission is to enhance the business environment on the island, attracting new businesses and supporting the growth of existing ones. SIBOC provides a range of services to underserved and low-income entrepreneurs and small business owners, including one-on-one business counseling, financial literacy, assistance with loan applications, understanding regulatory requirements, and becoming compliant. They also offer seminars on various business topics and technology classes. Furthermore, SIBOC supports minority and women business owners in obtaining necessary certifications and accessing procurement opportunities. In essence, SIBOC aims to empower local businesses and help Staten Island become a better place for living and shopping.
Official website here: www.siboc.org
Is West Brighton Community Local Development Corporation legitimate?
West Brighton Community Local Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Brighton Community Local Development Corporation submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,259
For more financial information, click here
Official website here: www.siboc.org
What is the mission statement of West Brighton Community Local Development Corporation?
The West Brighton Community Local Development Corporation, known as the Staten Island Business Outreach Center (SIBOC), is a not-for-profit organization dedicated to enhancing a livable and shoppable environment. Its programs aim to attract new businesses and support the expansion, renovations, promotions, and interactions with government agencies for existing businesses. SIBOC offers small business development services, particularly for underserved and low- to moderate-income entrepreneurs and small business owners. This is achieved through a combination of business assistance and workforce development, including one-on-one business counseling, financial literacy, loan applications assistance, understanding regulatory requirements, and becoming compliant. SIBOC also provides seminars on business topics and technology classes, with additional support for minority and women business owners.
Official website here: www.siboc.org
Who is the CEO of West Brighton Community Local Development Corporation?
Teresa Cirelli is the Director of West Brighton Community Local Development Corporation.
Official website here: www.siboc.org
What is the revenue of West Brighton Community Local Development Corporation?
West Brighton Community Local Development Corporation's revenue in 2023 was $386,289.
Official website here: www.siboc.org
Who are the executives of West Brighton Community Local Development Corporation and what are their salaries?
The average compensation at West Brighton Community Local Development Corporation during 2023 was $49,753. There are 3 employees at West Brighton Community Local Development Corporation.
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Official website here: www.siboc.org
Where can I find the form 990 for West Brighton Community Local Development Corporation?
West Brighton Community Local Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.siboc.org
Learn more at the official website: www.siboc.org
Mission Statement of West Brighton Community Local Development Corporation
The West Brighton Community Local Development Corporation, often referred to as Staten Island Business Outreach Center (SIBOC), is a not-for-profit organization with a mission to enhance Staten Island, New York, as a thriving place for both living and shopping. Its programs aim to attract new businesses and support the growth of existing ones, assisting in expansion, renovations, promotions, and interactions with government agencies. SIBOC specifically empowers underserved and low- to moderate-income entrepreneurs and small business owners through a combination of business assistance and workforce development.
Various services are available to help business owners, including one-on-one business counseling, financial literacy, assistance with loan applications and government services, understanding regulatory requirements, and becoming compliant. Additionally, SIBOC offers seminars on business topics and technology classes. The organization also provides outstanding support to minority and women business owners. By offering these resources, the West Brighton Community Local Development Corporation is dedicated to making a positive impact on local businesses and contributing to the overall improvement of the community.
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Impact
October, 2024
West Brighton Community Local Development Corporation significantly impacts Staten Island by fostering a supportive environment for local businesses, particularly those owned by underserved and low- to moderate-income entrepreneurs. Through a suite of tailored programs, it attracts new businesses and aids existing ones in expanding and renovating their operations.
This organization provides crucial one-on-one business counseling, helping entrepreneurs navigate complex loan applications and understand regulatory requirements, thereby ensuring compliance. Additionally, it offers workshops and seminars that address a range of business topics, enhancing the skills and knowledge of the local business community. The incorporation of technology classes also helps entrepreneurs keep pace with modern business practices.
A notable aspect of its impact is the support provided to minority and women business owners, facilitating access to vital city, state, and federal certifications and licenses. By collaborating with government agencies, it expands these business owners' access to procurement opportunities.
Overall, West Brighton Community Local Development Corporation plays a pivotal role in improving the local economy, enhancing the quality of life in Staten Island, and enriching the community by empowering its businesses and entrepreneurs.
This information is meant to be a general summary of West Brighton Community Local Development Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $642
- Program Service Revenue: $67,064
- Gross Receipts: $386,289
Assets and Liabilities:
- Total Assets: $384,673
- Total Liabilities: $26,133
- Net Assets: $358,540
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$67,064
Organization Details
Founding Year
1980
Phone
(718) 816-4775Principal Officer
Teresa Cirelli
Main Address
686 FOREST AVENUE, STATEN ISLAND, NY, 10310
Website
www.siboc.orgNTEE Category
Code: S20Z - Community improvement
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