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PROMOTE AND MONITOR COMMUNITY AND ECONOMIC DEVELOPMENT PROJECTS THROUGHOUT BROOKLYN, NEW YORK.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$6.3M
Program Spending
76%
of total expenses go to program services
Total Contributions
$5.8M
Total Expenses
▼$6.5M
Total Assets
$6.7M
Total Liabilities
▼$6.4M
Net Assets
$312.6K
Officer Compensation
→$382K
Other Salaries
$2.5M
Investment Income
$0
Fundraising
▼$103.3K
Tax Year 2024 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $29.5K
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
STEPH'S CAKE SHOP27-3270714 | BROOKLYN, NY | $5,000 | Cash | SMALL BUSINESS GRANT |
KING OF KINGS BARBER82-0703431 | BROOKLYN, NY | $5,000 | Cash | SMALL BUSINESS GRANT |
THE MELTING POT47-3901620 | CLIFTON, NJ | $5,000 | Cash | SMALL BUSINESS GRANT |
PALATIAL PUBLISHING81-0682319 | BROOKLYN, NY | $3,000 | Cash | SMALL BUSINESS GRANT |
COMMON GOOD37-1604140 | BROOKLYN, NY | $2,000 | Cash | SMALL BUSINESS GRANT |
CHEF KELSEAY DUKE83-3072758 | NEW ORLEANS, LA | $2,000 | Cash | SMALL BUSINESS GRANT |
STUART CINEMA & CAF82-5066212 | BROOKLYN, NY | $2,000 | Cash | SMALL BUSINESS GRANT |
MARGARET'S BEAUTY81-3211846 | BROOKLYN, NY | $2,000 | Cash | SMALL BUSINESS GRANT |
THE DOG RANCH81-0778905 | BROOKLYN, NY | $2,000 | Cash | SMALL BUSINESS GRANT |
COBBLESTONE CANDIES35-3846581 | LAS VEGAS, NV | $1,500 | Cash | SMALL BUSINESS GRANT |
| Total | $29.5K | |||
BROOKLYN, NY
$5,000
BROOKLYN, NY
$5,000
CLIFTON, NJ
$5,000
BROOKLYN, NY
$3,000
BROOKLYN, NY
$2,000
NEW ORLEANS, LA
$2,000
BROOKLYN, NY
$2,000
BROOKLYN, NY
$2,000
BROOKLYN, NY
$2,000
LAS VEGAS, NV
$1,500
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$2M
Awards Found
6
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Department of Commerce | THIS EDA INVESTMENT SUPPORTS BROOKLYN ALLIANCE, INC. WITH ESTABLISHING THE SMALL BUSINESS RECOVERY AND RESILIENCE PROGRAM TO PROVIDE TECHNICAL ASSISTANCE TO BUSINESSES IN KINGS COUNTY, NEW YORK. THE PROJECT WILL PROVIDE LONG-TERM SUPPORT BY IMPLEMENTING WORKFORCE DEVELOPMENT STRATEGIES TO HELP LOCAL BUSINESSES RECOVER FROM THE COVID-19 PANDEMIC AND SUSTAIN RESILIENT GROWTH. ONCE COMPLETED, THE PROJECT WILL BENEFIT A NEARBY OPPORTUNITY ZONE, SUPPORT ENTREPRENEURSHIP, BOLSTER JOB CREATION, SAVE JOBS, INCREASE PRIVATE INVESTMENT, AND STRENGTHEN THE REGIONAL ECONOMY. | $1.3M | — | — – — |
| Department of the Treasury | CDFI RAPID RESPONSE PROGRAM AWARD | $200K | FY2021 | Jun 2021 – Dec 2023 |
| Department of the Treasury | PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH INVESTMENT IN AND FINANCIAL ASSISTANCE TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS). PLANNED ACTIVITIES: FINANCIAL ASSISTANCE MUST BE USED FOR FINANCIAL PRODUCTS, FINANCIAL SERVICES (REGULATED INSTITUTIONS ONLY), DEVELOPMENT SERVICES, LOAN LOSS RESERVES, AND CAPITAL RESERVES (REGULATED INSTITUTIONS ONLY), IN AN ELIGIBLE MARKET OR THE RECIPIENT’S APPROVED TARGET MARKET. END GOALS: THE GOAL OF THE FINANCIAL ASSISTANCE IS FOR CDFIS TO BUILD THEIR FINANCIAL CAPACITY TO LEND TO ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, IN ORDER TO SERVE RURAL AND URBAN LOW INCOME PEOPLE, AND COMMUNITIES ACROSS THE NATION THAT LACK ADEQUATE ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND FINANCIAL SERVICES. BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: SPECIFIC ACTIVITIES RELATING TO BROADBAND USAGE ARE NOT KNOWN AT THE TIME OF AWARD. REASON/PURPOSE OF MODIFICATION: THE RIEGLE ACT (P.L. 103 325), THE STATUTE WHICH AUTHORIZES THE CDFI PROGRAM, REQUIRES THAT FINANCIAL ASSISTANCE AWARDS, INCLUDING BASE FINANCIAL ASSISTANCE (BASE FA), DISABILITY FUNDS FINANCIAL ASSISTANCE (DF FA), AND PERSISTENT POVERTY COUNTIES FINANCIAL ASSISTANCE (PPC FA), BE MATCHED WITH FUNDS FROM NON FEDERAL GOVERNMENT SOURCES AND COMPARABLE IN FORM AND VALUE TO THE FA AWARD. MODIFICATIONS WOULD BE REQUIRED IF THERE IS A CHANGE IN THE FORM AND/OR AMOUNT ORIGINALLY OBLIGATED FOR THE AWARD, BASED ON APPROVED MATCHING FUNDS. NOTE: MATCHING FUNDS ARE REQUIRED ONLY FOR ORGANIZATIONS APPLYING AS CATEGORY II/CORE FA APPLICANTS UNDER THE CDFI PROGRAM. MATCHING FUNDS ARE NOT REQUIRED FOR ANY NATIVE CDFI APPLICANTS OR HOUSING PRODUCTION FINANCIAL ASSISTANCE AWARDS (HP FA). ADDITIONALLY, MATCHING FUNDS ARE NOT REQUIRED FOR SMALL AND EMERGING CDFI ASSISTANCE (SECA) FA APPLICANTS AND HEALTHY FOOD FINANCING INITIATIVES (HFFI) FA APPLICANTS, PENDING FINAL FY 2025 APPROPRIATIONS LANGUAGE. | $125K | FY2022 | Dec 2021 – Jul 2024 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $125K | — | — – — |
| Department of the Treasury | TECHNICAL ASSISTANCE AWARD | $125K | — | — – — |
| Department of Commerce | BROOKLYN COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS) | $101.5K | FY2017 | Jul 2017 – Jun 2018 |
Department of Commerce
$1.3M
THIS EDA INVESTMENT SUPPORTS BROOKLYN ALLIANCE, INC. WITH ESTABLISHING THE SMALL BUSINESS RECOVERY AND RESILIENCE PROGRAM TO PROVIDE TECHNICAL ASSISTANCE TO BUSINESSES IN KINGS COUNTY, NEW YORK. THE PROJECT WILL PROVIDE LONG-TERM SUPPORT BY IMPLEMENTING WORKFORCE DEVELOPMENT STRATEGIES TO HELP LOCAL BUSINESSES RECOVER FROM THE COVID-19 PANDEMIC AND SUSTAIN RESILIENT GROWTH. ONCE COMPLETED, THE PROJECT WILL BENEFIT A NEARBY OPPORTUNITY ZONE, SUPPORT ENTREPRENEURSHIP, BOLSTER JOB CREATION, SAVE JOBS, INCREASE PRIVATE INVESTMENT, AND STRENGTHEN THE REGIONAL ECONOMY.
Department of the Treasury
$200K
CDFI RAPID RESPONSE PROGRAM AWARD
Department of the Treasury
$125K
PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH INVESTMENT IN AND FINANCIAL ASSISTANCE TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS). PLANNED ACTIVITIES: FINANCIAL ASSISTANCE MUST BE USED FOR FINANCIAL PRODUCTS, FINANCIAL SERVICES (REGULATED INSTITUTIONS ONLY), DEVELOPMENT SERVICES, LOAN LOSS RESERVES, AND CAPITAL RESERVES (REGULATED INSTITUTIONS ONLY), IN AN ELIGIBLE MARKET OR THE RECIPIENT’S APPROVED TARGET MARKET. END GOALS: THE GOAL OF THE FINANCIAL ASSISTANCE IS FOR CDFIS TO BUILD THEIR FINANCIAL CAPACITY TO LEND TO ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, IN ORDER TO SERVE RURAL AND URBAN LOW INCOME PEOPLE, AND COMMUNITIES ACROSS THE NATION THAT LACK ADEQUATE ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND FINANCIAL SERVICES. BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: SPECIFIC ACTIVITIES RELATING TO BROADBAND USAGE ARE NOT KNOWN AT THE TIME OF AWARD. REASON/PURPOSE OF MODIFICATION: THE RIEGLE ACT (P.L. 103 325), THE STATUTE WHICH AUTHORIZES THE CDFI PROGRAM, REQUIRES THAT FINANCIAL ASSISTANCE AWARDS, INCLUDING BASE FINANCIAL ASSISTANCE (BASE FA), DISABILITY FUNDS FINANCIAL ASSISTANCE (DF FA), AND PERSISTENT POVERTY COUNTIES FINANCIAL ASSISTANCE (PPC FA), BE MATCHED WITH FUNDS FROM NON FEDERAL GOVERNMENT SOURCES AND COMPARABLE IN FORM AND VALUE TO THE FA AWARD. MODIFICATIONS WOULD BE REQUIRED IF THERE IS A CHANGE IN THE FORM AND/OR AMOUNT ORIGINALLY OBLIGATED FOR THE AWARD, BASED ON APPROVED MATCHING FUNDS. NOTE: MATCHING FUNDS ARE REQUIRED ONLY FOR ORGANIZATIONS APPLYING AS CATEGORY II/CORE FA APPLICANTS UNDER THE CDFI PROGRAM. MATCHING FUNDS ARE NOT REQUIRED FOR ANY NATIVE CDFI APPLICANTS OR HOUSING PRODUCTION FINANCIAL ASSISTANCE AWARDS (HP FA). ADDITIONALLY, MATCHING FUNDS ARE NOT REQUIRED FOR SMALL AND EMERGING CDFI ASSISTANCE (SECA) FA APPLICANTS AND HEALTHY FOOD FINANCING INITIATIVES (HFFI) FA APPLICANTS, PENDING FINAL FY 2025 APPROPRIATIONS LANGUAGE.
Department of the Treasury
$125K
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$125K
TECHNICAL ASSISTANCE AWARD
Department of Commerce
$101.5K
BROOKLYN COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS)
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $6.3M | $5.8M | $6.5M | $6.7M | $312.6K |
| 2023IRS e-File | $6.2M | $6M | $6.2M | $4.9M | $458.7K |
| 2022 | $5.9M | $5.9M | $6.2M | $5.4M | $445.5K |
| 2021 | $3.5M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Randolph Peers | President & CEO | 30 | $219.2K | $99.5K | $31.6K | $350.3K |
| Chandraban Motilall | CFO | 36 | $144.7K | $18.3K | $25.1K | $188K |
| Kendall Christiansen | Secretary | 3 | $0 | $0 | $0 | $0 |
| Pasquale Patrone | Treasurer | 9 | $0 | $0 | $0 | $0 |
| Gil Cygler | Vice Chair | 3 | $0 | $0 | $0 | $0 |
| Ana Oliverira | Chair | 5 | $0 | $0 | $0 | $0 |
Randolph Peers
President & CEO
$350.3K
Hrs/Wk
30
Compensation
$219.2K
Related Orgs
$99.5K
Other
$31.6K
Chandraban Motilall
CFO
$188K
Hrs/Wk
36
Compensation
$144.7K
Related Orgs
$18.3K
Other
$25.1K
Kendall Christiansen
Secretary
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Pasquale Patrone
Treasurer
$0
Hrs/Wk
9
Compensation
$0
Related Orgs
$0
Other
$0
Gil Cygler
Vice Chair
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Ana Oliverira
Chair
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Kathie Lee | EVP & General Counsel | 36 | $167.9K | $56K | $0 | $223.9K |
| Richard Russo | COO | 28 | $89.7K | $70.3K | $2,544 | $162.6K |
| Mark Caserta | VP Of Small Business Suppo | 40 | $140.6K | $0 | $0 | $140.6K |
| Dina Rabiner | VP Of Economic Development | 40 | $136.5K |
Kathie Lee
EVP & General Counsel
$223.9K
Hrs/Wk
36
Compensation
$167.9K
Related Orgs
$56K
Other
$0
Richard Russo
COO
$162.6K
Hrs/Wk
28
Compensation
$89.7K
Related Orgs
$70.3K
Other
$2,544
Mark Caserta
VP Of Small Business Suppo
$140.6K
Hrs/Wk
40
Compensation
$140.6K
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dr Patricia Ramsey | Member | 1 | $0 | $0 | $0 | $0 |
| Evelyn Ortiz | Member | 1 | $0 | $0 | $0 | $0 |
| Gregory Anderson | Member | 1 | $0 | $0 | $0 | $0 |
| Johari Jenkins | Member | 1 | $0 | $0 | $0 | $0 |
| Kenneth Mbonu | Member | 1 | $0 | $0 | $0 | $0 |
| Lara Birnback | Member |
Dr Patricia Ramsey
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Evelyn Ortiz
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Gregory Anderson
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $3.5M |
| $3.3M |
| $1.5M |
| $774.5K |
| 2020 | $2.8M | $2.7M | $2.6M | $3.9M | $540.2K |
| 2019 | $3M | $2.8M | $3.3M | $3.2M | $358.1K |
| 2018 | $3.9M | $3.4M | $4.1M | $2.9M | $610.2K |
| 2017 | $4.7M | $4M | $3.9M | $2.3M | $792.7K |
| 2016 | $4M | $3.2M | $4M | $884K | $73.4K |
| 2015 | $4M | $3.4M | $4M | $1.6M | $68.6K |
| 2014 | $3.8M | $3.1M | $3.7M | $1.1M | $32.6K |
| 2013 | $3M | $2.3M | $3M | $935.7K | -$46.7K |
| 2012 | $2.1M | $1.6M | $1.9M | $1M | -$56.2K |
| 2011 | $1.7M | $1.4M | $1.7M | $714.7K | -$197.6K |
PDF not yet published by IRSView Filing → |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| 2000 | 990 | — |
| 1999 | 990 | — |
| $0 |
| $0 |
| $136.5K |
| Camille Hastick | VP Of External Affairs & Gov't Relations | 40 | $116.1K | $0 | $2,650 | $118.7K |
Dina Rabiner
VP Of Economic Development
$136.5K
Hrs/Wk
40
Compensation
$136.5K
Related Orgs
$0
Other
$0
Camille Hastick
VP Of External Affairs & Gov't Relations
$118.7K
Hrs/Wk
40
Compensation
$116.1K
Related Orgs
$0
Other
$2,650
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Louie Liu | Member | 1 | $0 | $0 | $0 | $0 |
| Patrick Dugan | Member | 1 | $0 | $0 | $0 | $0 |
| Regina Myer | Member | 1 | $0 | $0 | $0 | $0 |
| Steve Cohen | Member | 1 | $0 | $0 | $0 | $0 |
| Susan Doban | Member | 1 | $0 | $0 | $0 | $0 |
| Tiffany Joy Murchison | Member | 1 | $0 | $0 | $0 | $0 |
| Toby Moskovits | Member | 1 | $0 | $0 | $0 | $0 |
Johari Jenkins
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kenneth Mbonu
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lara Birnback
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Louie Liu
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Patrick Dugan
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Regina Myer
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Steve Cohen
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Susan Doban
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Tiffany Joy Murchison
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Toby Moskovits
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0