Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 84-1622031

OCEAN BAY COMMUNITY DEVELOPEMENT CORPORATION

Also known as EBONY BEATY

Tax-exempt · ARVERNE, NY 11692

Financials

$1.8M$1.8M2023$1.6M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of OCEAN BAY COMMUNITY DEVELOPEMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,555,769$1,810,577-$254,808$719,999$582,075$137,924
December 31, 2023990$1,836,390$1,810,750$25,640$893,897$501,165$392,732
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,536,268
of which government grants
$1,366,861
Program service revenue
$0
Investment income
$497
Other revenue
$19,004

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$29,450
Other salaries and wages
$828,689
Salaries, compensation and benefits (total)
$975,027
Professional fundraising fees
$0
Legal fees
$27,500
Accounting fees
$56,870
Occupancy
$261,533
Travel
$11,039
Program services (functional)
$1,425,145
Management and general (functional)
$369,191
Fundraising (functional)
$16,241

Balance sheet and other

Total assets, start of year
$893,897
Total assets, end of year
$719,999
Total liabilities, end of year
$582,075
Net assets, end of year
$137,924
Land, buildings and equipment
$129,694
Net assets without donor restrictions
-$11,176
Net assets with donor restrictions
$149,100
Gross receipts
$1,555,769
Employees
21
Volunteers
34
Year formed
2003
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
EBONY BEATYExecutive Dir.
Officer
40$104,662
Bridie WheelerBOARD CHAIR
Trustee or director, Officer
5$0
Ann Howardvice-chair
Trustee or director, Officer
2$0
Bernadette luinaSecretary
Trustee or director, Officer
2$0
PATSY SIMMONSTreasurer
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Ebony BeatyExecutive Director
Officer
35$90,000
Bernadette LuinaBoard Chair
Trustee or director
5$0
Valerie Cole-DavisMember
Trustee or director
2$0
Ann HowardVice Chair
Trustee or director
2$0
Patsy SimmonsTreasurer
Officer
5$0

Address and contacts

Address (IRS master file)
434 BEACH 54TH ST, ARVERNE, NY 11692-1550
In care of
% DELORES SADLER
Principal officer (990 for 2024)
EBONY BEATY, 434 BEACH 54TH STREET, ARVERNE, NY 11692
Signed the 990
EBONY BEATY, Executive Dir.
Phone
(718) 945-8640
Return prepared by
NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTS

Mission

Ocean Bay Community Development Corporation (Ocean Bay CDC) mission is to revitalize the Rockaway peninsula and to improve the quality of life and socioeconomic status of its residents.

990 for the year ended December 31, 2024

Program accomplishments

  • OBCDC was founded as an information and referral organization to help NYCHA housing families identify and access essential services. As demand increased and providers remained scarce, we established direct service programs, growing into a vital hub for innovative initiatives in Far Rockaway. The Older Adult Center @ Arverne culminates our older adult services, aligning with our mission to create opportunities for socio-economic advancement, fostering a healthier, safer,more prosperous, educated, and revitalized community. We envision this program as a cornerstone for the aging population, anchoring community revitalization efforts.The FEC grant finances a team of four staff members offering essential services to Rockaway and Broad Channel residents in NYC. The Center enhances participants' well-being and quality of life through engaging activities. The Director oversees services, coordinates the Parent Advisory Committee, and collaborates with local providers and OBCDC staff to optimize resources. The FEC bridges the gap between West and East end residents, promoting unity and shared resources.The HUD ROSS grant enables Service Coordinators to deliver referral services to New York public housing residents, conducting case management through in-person, virtual, or phone sessions. Persistent needs include food insecurity, medical transportation, and workforce development, while rising rental arrears underscore the importance of financial literacy and banking workshops. Enhanced social media outreach now covers the entire Rockaway peninsula, addressing the digital divide among NYCHA residents.
    Expenses $1,425,145

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-1622031
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
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$719,999
Income (IRS master file)
$1,555,769

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$1,836,390$1,810,750$893,897IRS
990December 2022$1,135,236$868,974$528,114IRS
990December 2021–––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 OCEAN BAY COMMUNITY DEVELOPEMENT CORPORATION

What is the EIN of OCEAN BAY COMMUNITY DEVELOPEMENT CORPORATION?
The employer identification number (EIN) of OCEAN BAY COMMUNITY DEVELOPEMENT CORPORATION is 84-1622031.
Is OCEAN BAY COMMUNITY DEVELOPEMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to OCEAN BAY COMMUNITY DEVELOPEMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OCEAN BAY COMMUNITY DEVELOPEMENT 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 OCEAN BAY COMMUNITY DEVELOPEMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OCEAN BAY COMMUNITY DEVELOPEMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OCEAN BAY COMMUNITY DEVELOPEMENT CORPORATION?
The 990 for the year ended December 31, 2024 names EBONY BEATY.
Who are the officers and directors of OCEAN BAY COMMUNITY DEVELOPEMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $104,662 (EBONY BEATY, Executive Dir.).
How much revenue does OCEAN BAY COMMUNITY DEVELOPEMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,555,769, expenses of $1,810,577 and total assets of $719,999 at year end.

Other nonprofits in ARVERNE

All nonprofits in ARVERNE · New York · Community improvement and capacity building