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Nonprofit · EIN 93-2246104

ROOSEVELT ISLAND BUSINESS ALLINANCE INC

Tax-exempt · NEW YORK, NY 10036

Financials

$13K$202022$25K$6832023$83K$61K2024
Revenue Expenses · by fiscal year end
Financials of ROOSEVELT ISLAND BUSINESS ALLINANCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$82,772$60,754$22,018$59,500$0$59,500
August 31, 2024990$25,181$683$24,498$37,478$0$37,478
August 31, 2023990$13,000$20$12,980$12,980$0$12,980
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$62,772
Membership dues
$35,200
Program service revenue
$20,000
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$40,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$60,000
Management and general (functional)
$365
Fundraising (functional)
$389

Balance sheet and other

Total assets, start of year
$37,478
Total assets, end of year
$59,500
Total liabilities, end of year
$0
Net assets, end of year
$59,500
Net assets without donor restrictions
$59,500
Gross receipts
$82,772
Employees
0
Volunteers
0
Year formed
2023
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Lewis HartmanPresident, Board of Trustees
Trustee or director, Officer
1$0
Brian WeisbergVice President, Board of Trustees
Trustee or director, Officer
1$0
Frank RaffaelleSecretary, Board of Trustees
Trustee or director, Officer
1$0
Alexander ArzacTreasurer, Board of Trustees
Trustee or director, Officer
1$0
David KramerVice President, Board of Trustees
Trustee or director, Officer
1$0
Joe WeishaarDirector At-Large, Board of Trustees
Trustee or director
1$0
Mona SenDirector At-Large, Board of Trustees
Trustee or director
1$0
990 for the year ended August 31, 2024: 7 people
NameTitleHours / weekCompensation
Lewis HartmanPresident, Board of Trustees
Trustee or director, Officer
1$0
Brian WeisbergVice President, Board of Trustees
Trustee or director, Officer
1$0
Frank RaffaelleSecretary, Board of Trustees
Trustee or director, Officer
1$0
Alexander ArzacTreasurer, Board of Trustees
Trustee or director, Officer
1$0
David KramerVice President, Board of Trustees
Trustee or director, Officer
1$0
Joe WeishaarDirector At-Large, Board of Trustees
Trustee or director
1$0
Mona SenDirector At-Large, Board of Trustees
Trustee or director
1$0
990 for the year ended August 31, 2023: 7 people
NameTitleHours / weekCompensation
Lewis HartmanPresident, Board of Trustees
Trustee or director, Officer
1$0
Brian WeisbergVice President, Board of Trustees
Trustee or director, Officer
1$0
Frank RaffaelleSecretary, Board of Trustees
Trustee or director, Officer
1$0
Alexander ArzacTreasurer, Board of Trustees
Trustee or director, Officer
1$0
David KramerVice President, Board of Trustees
Trustee or director, Officer
1$0
Joe WeishaarDirector At-Large, Board of Trustees
Trustee or director
1$0
Mona SenDirector At-Large, Board of Trustees
Trustee or director
1$0

Address and contacts

Address (IRS master file)
456 W 43RD ST, NEW YORK, NY 10036-6322
In care of
% LEWIS HARTMAN
Principal officer (990 for 2024)
Lewis Hartman, 456 W 43rd Street, New York, NY 10036
Signed the 990
Alexander Arzac, Treasurer
Phone
(917) 940-9843
Return prepared by
Swift Philanthropy

Mission

The organization is comprised of businesses and residential buildings in the Roosevelt Island community with the goal of pursuing projects and goals with the purpose of improving the community.

990 for the year ended August 31, 2025

Program accomplishments

  • The organization collects member dues to accumulate a reserve that will be applied to its projects and goals.0
  • The organization collected committed contributions towards the development of a mobile app marketed to visiting tourists.
    Expenses $20,000 · revenue $20,000
  • The organization co-hosted a fundraising gala for the purpose of generating funds to donate to neighborhood nonprofits.
    Expenses $40,000 · grants $40,000

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

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
93-2246104
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Exempt since
2025
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$59,500
Income (IRS master file)
$82,772

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$82,772$60,754$59,500XML
990August 2024$25,181$683$37,478XML
990August 2023$13,000$20$12,980XML

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 93-2246104).

Questions about ROOSEVELT ISLAND BUSINESS ALLINANCE INC

What is the EIN of ROOSEVELT ISLAND BUSINESS ALLINANCE INC?
The employer identification number (EIN) of ROOSEVELT ISLAND BUSINESS ALLINANCE INC is 93-2246104.
Is ROOSEVELT ISLAND BUSINESS ALLINANCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2025.
Which annual return does ROOSEVELT ISLAND BUSINESS ALLINANCE INC 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 ROOSEVELT ISLAND BUSINESS ALLINANCE INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ROOSEVELT ISLAND BUSINESS ALLINANCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of ROOSEVELT ISLAND BUSINESS ALLINANCE INC?
The 990 for the year ended August 31, 2025 names Lewis Hartman.
Who are the officers and directors of ROOSEVELT ISLAND BUSINESS ALLINANCE INC?
The 990 for the year ended August 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does ROOSEVELT ISLAND BUSINESS ALLINANCE INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $82,772, expenses of $60,754 and total assets of $59,500 at year end.

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