New York City Business Assistance Corporation
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.
New York City Business Assistance Corporation at a glance
- Total assets
- $2,811,094
- -5.3% vs 2024
- Revenue (2025)
- $115,016
- +6289.8% vs 2024
- Net investment income (2025)
- $94,016
- +11652.0% vs 2024
- Expenses (2025)
- $131,565
- +543.5% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who New York City Business Assistance Corporation funds
How this funder distributes its grants
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 10 grants of 15 (67%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2023, annual grant giving ranged from $203K (2022) to $500K (2021). In 2023 it made 2 grants totaling $324K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Workforce Development Corporation | Professional Services | $311,413 |
| Lihua Bazak | Storefront Improvement program | $12,375 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,811,094 | $115,016 | $131,565 | — | — | $94,016 |
| 2024 | $2,968,165 | $1,800 | $20,446 | — | — | $800 |
| 2023 | $2,987,811 | $1,512 | $664,577 | $323,788 | 2 | $1,512 |
| 2022 | $3,649,876 | $275,878 | $342,907 | $203,250 | Total only | $878 |
| 2021 | $3,802,678 | $553,123 | $640,565 | $500,410 | 13 | $8,020 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About New York City Business Assistance Corporation
Based on IRS filings
New York City Business Assistance Corporation is a public charity, 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.
Leadership & Key People
Officers and directors from IRS filings
New York City Business Assistance Corporation is led by Dynishal Gross, President since 2025 (on filings since 2024); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Dynishal Gross
President
Director → President, 2025
On filings since 2024
0.5 hrs/week
No compensation reported
Michael Forte
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Anthony Dellolio
Vice President
On filings since 2023
0.5 hrs/week
No compensation reported
Luis Santiago
Corporate Secretary
Secretary → Corporate Secretary, 2024
On filings since 2023
1 hr/week
No compensation reported
Narda Amarilla
Treasurer
New on the 2025 filing
0.5 hrs/week
No compensation reported
Former officers (10)
- Former: Ismail A. Mohamed (2021–2024) — Treasurer
- Former: Kevin Kim (2023–2024) — President
- Former: An Weinberg (2024) — Director
- Former: Dysnishall Gross (2023) — Board Member
- Former: Tian Weinberg (2023) — Board Member
- Former: Andrew I. Schwartz (2021–2022) — Vice President
- Former: Donald J. Giampietro (2021–2022) — Board Member
- Former: Indiana Baldera (2021–2022) — Secretary
- Former: Jonnel Doris (2021–2022) — President
- Former: Ophelia V. Gabrino (2021–2022) — Board Member
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about New York City Business Assistance Corporation
How large is New York City Business Assistance Corporation?
New York City Business Assistance Corporation reported $2.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $115K.
What is New York City Business Assistance Corporation's EIN?
New York City Business Assistance Corporation's EIN (Employer Identification Number) is 13-3423857. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 8, 2023)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in New York City Business Assistance Corporation's focus areas in our free grants database
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New York City Business Assistance Corporation down — hundreds of funders to go?