Nonprofit · EIN 11-3546930
CAMBA ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · BROOKLYN, NY 11226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $215,773 | $199,848 | $15,925 | $266,584 | $225,818 | $40,766 |
| June 30, 2024 | 990 | $136,456 | $144,427 | -$7,971 | $236,827 | $211,986 | $24,841 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $202,779
- of which government grants
- $202,779
- Program service revenue
- $6,353
- Investment income
- $0
- Other revenue
- $6,641
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $34,950
- Program services (functional)
- $133,372
- Management and general (functional)
- $66,476
Balance sheet and other
- Total assets, start of year
- $236,827
- Total assets, end of year
- $266,584
- Total liabilities, end of year
- $225,818
- Net assets, end of year
- $40,766
- Net assets without donor restrictions
- $40,766
- Gross receipts
- $215,773
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1998
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOANNE OPLUSTIL | FORMER PRESIDENT/CEO Former | 0 | $0 | $2,163,152 | $18,908 |
| VALERIE BARTON-RICHARDSON | PRESIDENT/CEO Officer | 1 | $0 | $484,480 | $58,584 |
| JASON BOUCHARD | CFO Officer | 1 | $0 | $315,301 | $70,035 |
| CHRISTOPHER ZARRA | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KATHERINE O'NEILL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HENRY BRIANCE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOANNE OPLUSTIL | PRESIDENT/CEO THRU MAY 2024 Officer | 1 | $0 | $551,738 | $137,282 |
| VALERIE ANN BARTON-RICHARDSON | PRESIDENT/CEO AS OF MAY 2024 Officer | 1 | $0 | $413,774 | $46,355 |
| JASON BOUCHARD | CFO Officer | 1 | $0 | $205,881 | $56,662 |
| CHRISTOPHER ZARRA | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KATHERINE O'NEILL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HENRY BRIANCE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- CO CAMBA 1720 CHURCH AVENUE, BROOKLYN, NY 11226-0000
- In care of
- % JOANNE OPLUSTIL
- Principal officer (990 for 2024)
- VALERIE BARTON-RICHARDSON, C/O CAMBA 1720 CHURCH AVENUE, BROOKLYN, NY 11226
- Signed the 990
- VALERIE BARTON-RICHARDSON, PRESIDENT & CEO
- Phone
- (718) 287-2600
- Website
- WWW.CAMBA.ORG
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
CAMBA EDC IS AN ORGANIZATION WHICH PROVIDES LOANS AND SERVICES TO UNDER-SERVED BUSINESSES AND POTENTIAL ENTREPRENEURS IN THE BROOKLYN, NY COMMUNITY.
Program accomplishments
- SMALL BUSINESS SERVICES IMPACT: IN 2025, CAMBA PROVIDED SMALL BUSINESS SERVICES TO 694 INDIVIDUALS. 73.2% OF BUSINESSES INCREASED THEIR SALES FOLLOWING SERVICES FROM OUR TECHNICAL BUSINESS ASSISTANCE AND MOBILIZE YOUR BUSINESS TECHNOLOGY TRAINING PROGRAMS. CAMBA ALSO MANAGED 10 ACTIVE SMALL BUSINESS LOANS, BRINGING OUR LOAN PORTFOLIO BALANCE TO $100,202.79 IN FUNDING TO NYC BUSINESS OWNERS. ALL OF THESE LOANS WERE DISBURSED TO MINORITY- OR WOMEN-OWNED BUSINESS ENTERPRISES. OUR WORKSHOPS AND ONE-ONE-ONE TECHNICAL ASSISTANCE HELPED TO CREATE 11 NEW BUSINESSES AND ASSISTED 13 BUSINESS OWNERS IN HIRING OR RETAINING EMPLOYEES.Expenses $133,372 · revenue $6,353
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 11-3546930
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $266,584
- Income (IRS master file)
- $215,773
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $215,773 | $199,848 | $266,584 | IRS |
| 990 | June 2024 | $136,456 | $144,427 | $236,827 | IRS |
| 990 | June 2023 | $133,495 | $170,177 | $314,713 | IRS |
| 990 | June 2022 | $135,797 | $130,301 | $245,829 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3546930).
Questions about CAMBA ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of CAMBA ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of CAMBA ECONOMIC DEVELOPMENT CORPORATION is 11-3546930.
- Is CAMBA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to CAMBA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAMBA ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CAMBA ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAMBA ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CAMBA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names VALERIE BARTON-RICHARDSON.
- Who are the officers and directors of CAMBA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does CAMBA ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $215,773, expenses of $199,848 and total assets of $266,584 at year end.
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