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DIEGO BEEKMAN LOCAL DEVELOPMENT CORPORATION
BRONX, NY · EIN 822119139 · Form 990 · FY2024 · NTEE T11 · Philanthropy & Grantmaking · Micro (<$100K)
revenue
$-25K
expenses
$1K
net assets
$-235K
employees
0
volunteers
2
program ratio
100%
mission · from form 990

THE CORPORATION IS FORMED FOR THE CHARITABLE PURPOSE OF RELIEVING AND REDUCING UNEMPLOYMENT, BETTERING AND MAINTAINING JOB OPPORTUNITIES, INSTRUCTING OR TRAINING INDIVIDUALS TO IMPROVE OR DEVELOP THEIR CAPABILITIES FOR SUCH JOB, CARRYING ON SCIENTIFIC RESEARCH FOR THE PURPOSE OF AIDING THE COMMUNITY AS HEREIN AFTER DEFINED, BY ATRRACTING NEW INDUSTRY TO THE COMMUNITY, AND LESSENING THE BURDENS OF GOVERNMENT AND ACTING IN THE PUBLIC INTEREST.

profile · synthesized from sources

DIEGO BEEKMAN LOCAL DEVELOPMENT CORPORATION is a nonprofit organization based in the Bronx, NY, established to reduce unemployment and improve job opportunities through training and workforce development. The organization aims to strengthen the local economy by attracting new industry and conducting research in the public interest. It operates as a grantmaking entity focused on community and economic development.

named programs · 2 · from sources

What they call their work

Scientific Research for Community Development
Research initiative focused on attracting new industry and improving community economic conditions
Workforce Development and Job Training
Program to train individuals to improve their job capabilities and reduce local unemployment
activities · 2 groups

What they do

  • Biomedical Research and Innovation 1 activity
    • Conducting scientific research for community benefit
      Conducts scientific research intended to support and improve the community.
  • Regional Economic Development Initiatives 1 activity
    • Reducing unemployment and improving job opportunities
      Engages in activities aimed at reducing unemployment and enhancing job opportunities within the community, including employment training and efforts to attract new industry.
financials · form 990 · fy2024
revenue
Total revenue$-25K
Contributions & grants$0—
Program service revenue$0—
Investment income$454—
Other revenue$-25K
expenses
Total expenses$1K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$1.84M
Cash$28K
Investments$0
Liabilities$2.08M
Net assets$-235K
Liquid reserves287.9 mo
3 years on record · 2020–2024
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
ARLINE PARKS VICE CHAIR & CEO 1 $266K
board members · 2
  • ANDREW REICHER — BOARD CHAIRMAN
  • MARIA ORTIZ — SECRETARY
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.