NonprofitsEast River Development Alliance Inc

Housing & Shelter

East River Development Alliance Inc

LONG IS CITY, NY

Total revenue

$9.9M

Total expenses

$9.9M

Net assets

$5.2M

Grants received

$2.7M

42 grants

EIN

861096987

Tax year

2023

Mission

The mission is to provide tenants of public housing neighborhoods the tools and resources needed to achieve economic mobility and self sufficiency, and to break cycles of poverty. Integrated programs include employment services, financial counseling, youth development/college access, Credit Union support and others.

Programs

2 programs

FINANCIAL CONSULTINGsee schedule 0

Expenses: $1.6M

Education access and developmentsee schedule o

Expenses: $1.1M

Financials

FY 2023

Revenue

Contributions & grants$9.7M
Program service revenue
Investment income
Other revenue$257K
Total revenue$9.9M

Expenses

Grants paid
Salaries & benefits$7.0M
Fundraising$1.3M
Other expenses$2.9M
Total expenses$9.9M
Total assets$11.0M
Net assets$5.2M

People

15 listed

NameRoleCompensation

MITCHELL TAYLOR

CEO

Board

$212K

35 hrs/wk

ERIC BARRIER

MEMBER

Board

0

CHAKA ADAMS

MEMBER

Board

0

NICHOLAS WILLIAMS

Secretary

Board

0

BONNY BERGSTEIN

MEMBER

Board

0

SAM HEFFERNAN

MEMBER

Board

0

CLADIA COGER

MEMBER

Board

0

ELYSABETH KLEINHANS

MEMBER

Board

0

ERIC GIOIA

MEMBER

Board

0

FRANCES FAEHNER

MEMBER

Board

0

MIKE WOLOZ

MEMBER

Board

0

SURAJ PATEL

MEMBER

Board

0

BENJAMIN LERER

Chairman

Board

0

DAVID MILLER

CFO

Staff

$162K

35 hrs/wk

CARLOS CANO

COO

Staff

$125K

35 hrs/wk

Grants received

Showing 42 of 42

FromAmountPurposeYear
$510K
POVERTY RELIEF
2024
$400K
COMMUNITY PROGRESS MAKERS
2024
$10K
PURCHASE OF EQUIPMENT.
2024
$9K
HOUSING COUNSELING & EDUCATION
2024
$550K
POVERTY RELIEF
2023
$30K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$20K
LEVERAGING THE FEC MODEL TO SUPPORT YOUTH (14-24) IN THEIR FINANCIAL TRANSITION TO ADULTHOOD.
2023
$10K
PURCHASE OF COMPUTER EQUIPMENT.
2023
$6K
For grant recipient's exempt purposes
2023
$150K
POVERTY RELIEF
2022
$100K
IN SUPPORT OF FINANCIAL HEALTH
2022
$26K
For grant recipient's exempt purposes
2022
$13K
PROGRAM SUPPORT
2022
$10K
GENERAL SUPPORT
2022
$3K
GENERAL SUPPORT
2022
$196
GENERAL OPERATING SUPPORT
2022
$29K
For grant recipient's exempt purposes
2021
$29K
For grant recipient's exempt purposes
2021
$12K
PURCHASE OF COMPUTER EQUIPMENT.
2021
$200K
IN SUPPORT OF FINANCIAL HEALTH
2020
$150K
GENERAL
2020
$74K
Unrestricted
2020
$15K
TO PROMOTE THE ORGANIZATION'S MISSION & EXPAND ITS REACH TO THE UNDERSERVED POPULATION
2020
$10K
General support
2020
$10K
Census/Civic Engagement
2020
$8K
PROGRAM SUPPORT
2020
$5K
Digital Small Business Support to Services to Local Entrepreneurs
2020
$680
GENERAL OPERATING SUPPORT
2020
$26K
For grant recipient's exempt purposes
2019
$15K
General support
2019
$10K
CBO PROJECT
2019
$850
GENERAL OPERATING SUPPORT
2019
$100K
IN SUPPORT OF FINANCIAL HEALTH
2018
$44K
GENERAL SUPPORT
2018
$31K
Unrestricted
2018
$12K
For grant recipient's exempt purposes
2018
$7K
General Support
2018
$500
GENERAL OPERATING SUPPORT
2018
$8K
GENERAL SUPPORT
2017

Funded by

$2.7M from 20 funders · 42 grants · 2017–2024

Robin Hood Foundation

$1.4M · 4 grants · 2020–2024

Jpmorgan Chase Foundation

$402K · 7 grants · 2018–2022

Citi Foundation

$400K · 1 grant · 2024

Fidelity Investments Charitable Gift Fund

$126K · 6 grants · 2018–2023

Network For Good

$105K · 2 grants · 2018–2020

Jewish Communal Fund

$62K · 4 grants · 2018–2023

Single Stop Usa Inc

$51K · 2 grants · 2017–2018

The Hyde And Watson Foundation

$32K · 3 grants · 2021–2024

Details

EIN861096987
NTEE codeL19
Subsection03
Ruling date2005-01
Formed2003
Employees215
Volunteers126
EAST RIVER DEVELOPMENT ALLIANCE INC — Mission, Financials & Grants Received | Grantivo