Boc Development Corp
Boc Development Corp
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About this organization
Mission
Boc Development promote employment, business development and other economic and social opportunities
About
The Bronx Business Incubator is a new project of Boc Development Corporation, in collaboration with Business Outreach Center Network, Inc. Launched May 1, 2014, the effective date of the lease and operations for an 11,000 square foot small business incubator space located at the Bank Note Building in the South Bronx. The Bronx Business Incubator supports business development and job creation by providing a combination of shared-use office space and support services to entrepreneurs and small businesses with a special focus on industries and sectors that offer growth potential.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “Through partnership with developers, boc development corporation helps preserve commercial space for small business uses in low-income areas, and contracts with the business outreach center network, inc. for services to small businesses and administrative support. sources of revenues are program fees associated with commercial/industrial business development as well as user fees and grant support for the bronx business incubator.”.
When referring to its actions, they were described as: “Boc development promote employment, business development and other economic and social opportunities”.
- According to the law, the state of operation reported by the non-profit is NY.
- As per the filing, the address of the non-profit for 2020 is 85 SOUTH OXFORD STREET, BROOKLYN, NY, 11217.
- According to their form, the non-profit as of 2020 has a total of 0 employees.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$43,969.
- The organization has 5 independent voting members.
- The organization was formed in 2005.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.