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Nonprofit · EIN 11-3596666

BOC CAPITAL CORP

Tax-exempt · BROOKLYN, NY 11217

Financials

$5.3M$3.5M2023$7.1M$3.8M2024
Revenue Expenses · by fiscal year end
Financials of BOC CAPITAL CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,103,076$3,817,794$3,285,282$40,100,482$18,906,782$21,193,700
June 30, 2024990$5,291,071$3,510,380$1,780,691$34,231,054$16,322,636$17,908,418
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,872,261
of which government grants
$3,772,261
Program service revenue
$2,979,305
Investment income
$251,510
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$281,136
Other salaries and wages
$1,805,994
Salaries, compensation and benefits (total)
$2,537,344
Professional fundraising fees
$0
Occupancy
$109,158
Travel
$30,515
Program services (functional)
$3,249,265
Management and general (functional)
$568,529

Balance sheet and other

Total assets, start of year
$34,231,054
Total assets, end of year
$40,100,482
Total liabilities, end of year
$18,906,782
Net assets, end of year
$21,193,700
Net assets without donor restrictions
$16,625,691
Net assets with donor restrictions
$4,568,009
Gross receipts
$7,103,076
Employees
0
Volunteers
15
Year formed
2001
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
NANCY CARINExecutive Dir.
Trustee or director, Officer
12$0$250,225$34,705
RODNEY SANTIAGODIr. of Lending
Officer
17$0$185,678$37,697
ELENA ZIKUSSCFO
Officer
9$0$168,228$43,070
ALEXANDR MESONZHNIKSR account manager7$0$117,742$19,587
LAUREN EVANSsr program manager34$0$106,821$19,248
RYAN WIDENHOUSEMANAGER OF LENDING19$0$105,750$19,243
JEAN TANLERProgram director15$0$97,804$18,828
LESLIE WINTERBoard Emeritus
Trustee or director, Officer
1.5$0$0$0
GREGORY J LIBERTINYChairman
Trustee or director, Officer
2$0$0$0
WALTER SWEETDirector
Trustee or director
1$0$0$0
BIJAL N VIRADirector
Trustee or director
1.5$0$0$0
DANIEL LIUDirector
Trustee or director
0.5$0$0$0
Erika WesleyDirector
Trustee or director
0.5$0$0$0
Yiye Charles ZhouDirector
Trustee or director
0.5$0$0$0
John RooneyDirector
Trustee or director
0.5$0$0$0
4 more people on this return
NameTitleHours / weekCompensation
KUNAL VERMATreasurer
Trustee or director, Officer
2$0
DAVID ACEVEDODirector
Trustee or director
1$0
EILEEN V THORNTONDirector
Trustee or director
0.5$0
MICHAEL MUELLERSecretary
Trustee or director, Officer
1.5$0
990 for the year ended June 30, 2024: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
NANCY CARINExecutive Dir.
Trustee or director, Officer
19$0$241,962$35,885
ELENA ZIKUSSCFO
Officer
8$0$165,792$40,343
RODNEY SANTIAGODIr. of Lending
Officer
22$0$133,760$33,425
LAUREN EVANSsr program manager37$0$100,812$26,787
ALEXANDR MESONZHNIKSR account manager24$0$108,080$18,072
LESLIE WINTERBoard Emeritus
Trustee or director, Officer
2.5$0$0$0
GREGORY J LIBERTINYChairman
Trustee or director, Officer
1.5$0$0$0
WALTER SWEETDirector
Trustee or director
0.5$0$0$0
BIJAL N VIRADirector
Trustee or director
0.1$0$0$0
DANIEL LIUDirector
Trustee or director
0.1$0$0$0
Erika WesleyDirector
Trustee or director
0.1$0$0$0
Yiye Charles ZhouDirector
Trustee or director
0.1$0$0$0
John RooneyDirector
Trustee or director
0.1$0$0$0
KUNAL VERMATreasurer
Trustee or director, Officer
1.5$0$0$0
DAVID ACEVEDODirector
Trustee or director
1$0$0$0
EILEEN V THORNTONDirector
Trustee or director
0.1$0$0$0
MICHAEL MUELLERSecretary
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
85 S OXFORD ST, BROOKLYN, NY 11217-1607
In care of
% NANCY CARIN
Principal officer (990 for 2024)
NANCY CARIN, 85 SOUTH OXFORD STREET, BROOKLYN, NY 11217
Signed the 990
NANCY CARIN, EXECUTIVE DIRECTOR
Phone
(718) 624-9115
Return prepared by
NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTS

Mission

TO ADDRESS POVERTY IN ECONOMICALLY DISTRESSED AREAS BY PROMOTING EMPLOYMENT,BUSINESS DEVELOPMENT, AND OTHER ECONOMIC AND SOCIAL OPPORTUNITY AS A PROVIDER OF FINANCING AND SMALL BUSINESS ASSISTANCE. WEALTH, ECONOMICALLY EMPOWER INDIVIDUALS, AND CREATE JOBS IN LOW-INCOME COMMUNITIES.

990 for the year ended June 30, 2025

Program accomplishments

  • BOC Capital Corp. provides access to affordable capital and related technical assistance to small businesses operating in economically distressed communities. Through its microloan and small business loan programs, the organization supports entrepreneurs who lack access to conventional financing, with the goal of promoting job creation, business sustainability, and economic opportunity.During the fiscal year, BOC Capital Corp. continued to administer, manage, and service its loan portfolio.
    Expenses $3,249,265

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
11-3596666
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
Assets (IRS master file)
$40,100,482
Income (IRS master file)
$7,103,076

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$5,105,426$3,488,753$29,123,942IRS
990June 2022$7,541,179$2,889,485$34,111,492IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about BOC CAPITAL CORP

What is the EIN of BOC CAPITAL CORP?
The employer identification number (EIN) of BOC CAPITAL CORP is 11-3596666.
Is BOC CAPITAL CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to BOC CAPITAL CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BOC CAPITAL CORP 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 BOC CAPITAL CORP 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 BOC CAPITAL CORP 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 BOC CAPITAL CORP?
The 990 for the year ended June 30, 2025 names NANCY CARIN.
Who are the officers and directors of BOC CAPITAL CORP?
The 990 for the year ended June 30, 2025 lists 19 people; 0 received compensation from the organization.
How much revenue does BOC CAPITAL CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,103,076, expenses of $3,817,794 and total assets of $40,100,482 at year end.

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