Arverne, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Ocean Bay Community Development Corp, founded in 2003, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum.
Revitalize the Community. Provides a source of services to promote the social economic well being of persons in the community of Ocean Bay.
OBCDC was founded as an information and referral organization to help NYCHA housing families identify and access essential services. As demand increased and providers remained scarce, we established...
OBCDC was founded as an information and referral organization to help NYCHA housing families identify and access essential services. As demand increased and providers remained scarce, we established direct service programs, growing into a vital hub for innovative initiatives in Far Rockaway. The Older Adult Center @ Arverne culminates our older adult services, aligning with our mission to create opportunities for socio-economic advancement, fostering a healthier, safer, more prosperous, educated, and revitalized community. We envision this program as a cornerstone for the aging population, anchoring community revitalization efforts.
The FEC grant finances a team of four staff members offering essential services to Rockaway and Broad Channel residents in NYC. The Center enhances participants well-being and quality of life through...
The FEC grant finances a team of four staff members offering essential services to Rockaway and Broad Channel residents in NYC. The Center enhances participants well-being and quality of life through engaging activities. The Director oversees services, coordinates the Parent Advisory Committee, and collaborates with local providers and OBCDC staff to optimize resources. The FEC bridges the gap between West and East end residents, promoting unity and shared resources.
The HUD ROSS grant enables Service Coordinators to deliver referral services to New York public housing residents, conducting case management through in-person, virtual, or phone sessions. Persistent...
The HUD ROSS grant enables Service Coordinators to deliver referral services to New York public housing residents, conducting case management through in-person, virtual, or phone sessions. Persistent needs include food insecurity, medical transportation, and workforce development, while rising rental arrears underscore the importance of financial literacy and banking workshops. Enhanced social media outreach now covers the entire Rockaway peninsula, addressing the digital divide among NYCHA residents.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,836,390 | $1,135,236 | +0.6% |
| Expenses | $1,810,750 | $868,974 | +1.1% |
| Net Income | $25,640 | $266,262 | -0.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ebony Beaty | Executive Director | 35.00 |
Officer
|
$90,000 | $0 | $90,000 |
| Bernadette Luina | Board Chair | 5.00 |
Director
|
$0 | $0 | $0 |
| Valerie Cole-Davis | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Ann Howard | Vice Chair | 2.00 |
Director
|
$0 | $0 | $0 |
| Patsy Simmons | Treasurer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,836,390 | $1,810,750 | $893,897 | $25,640 |
| 2022 | $1,135,236 | $868,974 | $528,114 | $266,262 |
| 2021 | $578,701 | $552,880 | $156,843 | $25,821 |
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