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Business Initiative Corporation Of New York
Community Development · Bronx, New York
851 Grand Concourse Rm 123, Bronx, NY 10451-2937
EIN: 134088607· Founded: Sep 2001· 25 years active· Filing Year: 2023
Annual Revenue
$523K
Total Expenses
$687K
Total Assets
$546K
Program Spending
66%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$152K
22.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$140K
Total Payroll
$292K
43% of total expenses
Where the Money Goes
66%
Programs: 66%
Payroll: 43%
Other overhead: 35%
Program Revenue$450K (86%)
Total Expenses$687K (100%)
Payroll$292K (43%)
Overhead (non-program)35%
Trust Score Breakdown
Program Spending Ratio
66% of expenses go to programs
Revenue & Stability
$523K annual revenue
Executive Compensation
$152K total officer comp (22.1% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$546K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.