New York City Business Assistance Corporation

NEW YORK, NY EIN: 13-3423857

To reduce unemployment, promote and provide for additional and maximum employment in NYC, encourage the development and/or retention of businesses in NYC; instruct or train individuals to improve and develop their capabilities for jobs in business and encourage economic devt.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.8M

-5.3% YoY

Revenue

$115K

+6289.8% YoY

Net Investment Income

$94K

+11652.0% YoY

Expenses

$132K

+543.5% YoY

About New York City Business Assistance Corporation

Based on IRS filings

New York City Business Assistance Corporation is a nonprofit organization, based in NEW YORK, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.8M in total assets. Net investment income was $94K.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$183K$366K$548K$731K20212022202320242025
Metric202520242023
Total Assets$2,811,094$2,968,165$2,987,811
Revenue$115,016$1,800$1,512
Expenses$131,565$20,446$664,577
Qualifying Distributions
Net Investment Income$94,016$800$1,512
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$125K$250K$375K$500K13 grants20210 grants20222 grants20230 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

15 grants across all recorded years

10<$50K4$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
DYNISHAL GROSSPRESIDENT0.5
ANTHONY DELLOLIOVICE PRESIDENT0.5
NARDA AMARILLATREASURER0.5
MICHAEL FORTEDIRECTOR0.5
LUIS SANTIAGOCORPORATE SECRETARY1

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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