Brooklyn Alliance Capital Inc

Organization Overview

Brooklyn Alliance Capital Inc is located in Brooklyn, NY. The organization was established in 2017. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Alliance Capital Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BROOKLYN ALLIANCE CAPITAL, INC. IS A MICRO-LOAN INSTITUTION AND PROVIDES LOANS TO SMALL BUSINESSES (SPECIFICALLY IMMIGRANT AND MINORITY OWNED).

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BROOKLYN ALLIANCE CAPITAL, WITH FUNDING PROVIDED BY NEW YORK PRESBYTERIAN HOSPITAL, CREATED THE BRING BACK BROOKLYN FUND(BBBF). THE BBBF PROVIDED PPE EQUIPMENT, DEEP CLEANINGS FOR BUSINESSESS AS THEY WERE BEGINNING TO REOPEN AND FUNDS TO COVER BUILDOUT OF OUTDOOR SPACES. THE BBBF PROVIDED FUNDS TO COVER THE COST OF HEATERS AND VENTILATION SYSTEMS. THE BBBF PROGRAM ASSISTED ABOUT 250 SMALL BUSINESSES IN BROOKLYN.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Randolph Peers
President & CEO
$0
Ana Oliveira
Chairman
$0
Pasquale Patrone
Treasurer
$0
Susan Doban
Secretary
$0
Andrew Walcott
Trustee
$0
Bryon Doxford
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $109,194
All other contributions, gifts, grants, and similar amounts not included above$400,553
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$509,747
Total Program Service Revenue$0
Investment income $177
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $509,924

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Brooklyn Alliance Capital Inc has recieved totaling $40.

Awarding OrganizationAmount
Assurant Foundation

New York, NY

PURPOSE: FINANCIAL ASSISTANCE

$40
View Grant Recipient Profile

Create an account to unlock the data you need.

or