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Ocean Bay Community Development Corp

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

EIN: 841622031 ✦ Arverne, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ocean Bay Community Development Corp?

Ocean Bay Community Development Corp is a nonprofit organization situated in Arverne, New York, specifically at 434 Beach 54th Street. Their primary mission is to revitalize and improve the community, striving to enhance the social and economic well-being of its residents. As part of this mission, they offer a variety of services to address the needs of their community members. These services include addressing food insecurity, facilitating transportation to medical appointments, and providing Workforce Development assistance. Moreover, they tackle housing issues, such as rental arrears, through financial literacy and banking workshops. In light of the COVID-19 pandemic, the organization has adapted to provide case management services through in-person, virtual, or phone meetings. To reach a wider audience and bridge the digital divide among NYCHA residents, Ocean Bay Community Development Corp has increased its outreach efforts via social media, covering the entire Rockaway peninsula. The organization currently employs 12 individuals.

Is Ocean Bay Community Development Corp legitimate?

Ocean Bay Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Bay Community Development Corp 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $349,604

For more financial information, click here

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

Ocean Bay Community Development Corp's mission is centered around revitalizing communities. Specifically, the organization aims to serve as a source of support, promoting the social and economic well-being of individuals living within the community. Through various services and initiatives, the corporation strives to enhance the quality of life for these individuals.

The HUD ROSS grant funds Service Coordinators who provide referral services to residents of public housing. Due to the COVID-19 pandemic, these services are now being offered through in-person, virtual, or phone meetings. The residents' needs span various areas, including food security, transportation to medical appointments, and Workforce Development services. Additionally, housing issues such as rental arrears have become more prevalent, necessitating financial literacy and banking workshops.

In an effort to bridge the digital divide among NYCHA residents, outreach efforts have been increased via social media, covering the entire Rockaway peninsula. This comprehensive approach to community development reflects Ocean Bay Community Development Corp's commitment to improving the lives of its residents.

Who is the CEO of Ocean Bay Community Development Corp?

Ebony Beaty is the Executive Director of Ocean Bay Community Development Corp.

What is the revenue of Ocean Bay Community Development Corp?

Ocean Bay Community Development Corp's revenue in 2022 was $1,135,236.

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

The average compensation at Ocean Bay Community Development Corp during 2022 was $36,634. There are 12 employees at Ocean Bay Community Development Corp.


Here are 5 key members and their salaries:


Ebony Beaty (Executive Director)
  • Compensation: $0
  • Related: $90,000
  • Other: $0
Bernadette Luina (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Cole-Davis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Howard (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patsy Simmons (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ocean Bay Community Development Corp?

Ocean Bay Community Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ocean Bay Community Development Corp

Ocean Bay Community Development Corp, a dedicated organization, is committed to revitalizing its community and promoting the social and economic well-being of its residents. Its mission is to serve as a source of essential services, aiming to enhance the quality of life for individuals living within the community. By providing resources and support, Ocean Bay Community Development Corp seeks to foster a thriving and sustainable environment for its community members.

The organization's activities are focused on addressing the diverse needs of its residents. This includes addressing issues related to food security, ensuring residents have access to medical appointments, and offering Workforce Development services. Additionally, Ocean Bay Community Development Corp recognizes the importance of financial literacy and banking, offering workshops to help residents better manage their finances and navigate the banking system.

In response to the ongoing challenges posed by the COVID-19 pandemic, Ocean Bay Community Development Corp has adapted its approach to case management. This includes offering in-person, virtual, and phone meetings to ensure residents continue to receive the support they need. The organization's outreach efforts have also expanded, utilizing social media to reach residents across the Rockaway peninsula. This comprehensive approach to community development reflects Ocean Bay Community Development Corp's dedication to improving the lives of its residents and revitalizing its community.

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Impact




July, 2024

Ocean Bay Community Development Corp works diligently to revitalize the community of Ocean Bay by providing essential services to promote the social and economic wellbeing of its residents. Through the HUD ROSS grant, the organization funds Service Coordinators who offer vital referral services to public housing residents in New York. Despite the challenges posed by COVID-19, Ocean Bay Community Development Corp continues to address residents' needs, including food insecurity, transportation to medical appointments, and Workforce Development services.

Moreover, the organization has recognized the increasing prevalence of housing issues such as rental arrears, emphasizing the importance of financial literacy and banking workshops. To bridge the digital divide among NYCHA residents, Ocean Bay Community Development Corp has expanded outreach efforts through social media to cover the entire Rockaway peninsula. By addressing these pressing challenges and providing holistic support to the community, the organization's impact is significant in fostering a healthier and more prosperous environment for Ocean Bay residents.




This information is meant to be a general summary of Ocean Bay 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
$1,135,236 (2022)
Expenses
$868,974 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $352
  • Gross Receipts: $1,135,236

Assets and Liabilities:

  • Total Assets: $528,114
  • Total Liabilities: $161,022
  • Net Assets: $367,092

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Organization Details

Founding Year

2003

Principal Officer

Ebony Beaty

Main Address

434 BEACH 54TH STREET, Arverne, NY, 11692

NTEE Category

Code: S31 - Community improvement

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