EIN 81-5483293

Brooklyn Alliance Capital

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2017
Most recent tax filings
2023-12-01
Description
Brooklyn Alliance Capital offers micro-loans to small businesses, with a specific focus on those owned by immigrants and minorities. Their mission is to provide financing to under-served entrepreneurs and low-income business owners in order to increase financial stability and foster economic growth that will create jobs in Brooklyn.
Related structure
Brooklyn Alliance Capital is a subordinate organization under Brooklyn Alliance.
Total revenues
$411,848
2023
Total expenses
$220,900
2023
Total assets
$1,515,388
2023
Num. employees
1
2023

Program areas at Brooklyn Alliance Capital

Brooklyn Alliance Capital, Inc. Provides financing to under-served minority and immigrant entrepreneurs and low-income small business owners to increase financial stability and foster economic growth that will create jobs in Brooklyn.

Grants made by Brooklyn Alliance Capital

GranteeGrant descriptionAmount
Arts GowanusStorm Damage Grant$2,500

Personnel at Brooklyn Alliance Capital

NameTitleCompensation
Randy PeersPresident and Chief Executive Officer
Rick RussoChief Operating Officer
Kathie LeeExecutive Vice President and Chief Legal Officer
Camille HastickVice President, External Affairs and Government Relations
Stevenson JosephDirector, Brooklyn Alliance Capital Lending Programs
...and 7 more key personnel

Financials for Brooklyn Alliance Capital

RevenuesFYE 12/2023
Total grants, contributions, etc.$411,429
Program services$0
Investment income and dividends$419
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$411,848

Form 990s for Brooklyn Alliance Capital

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-05990View PDF
2022-122023-10-10990View PDF
2021-122022-10-06990View PDF
Data update history
December 7, 2023
Updated personnel
Identified 12 new personnel
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 26, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 7, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
ImmigrationBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
253 36th St Mailbox Unit 17
Brooklyn, NY 11232
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
Website URL
brooklynchamber.com/ 
Phone
(718) 875-1000
IRS details
EIN
81-5483293
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
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