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EIN 11-3596666

Boc Capital Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Brooklyn
State
New York
Year formed
2001
Most recent tax filings
2023-06-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Boc Capital Corporation promotes employment and business development in economically distressed areas. Its mission is to address poverty by providing financing and small business assistance, creating economic and social opportunities to economically empower individuals and create jobs. It offers microloan and small business loan programs that provide loans, advice, and other assistance, including COVID-19 relief loans for entrepreneurs of color and SBA Paycheck Protect. The corporation is located in Brooklyn, NY.
Related structure
Boc Capital Corporation is a subordinate organization under Business Outreach Center Network Incorporated.
Total revenues
$5,105,426
2023
Total expenses
$3,488,753
2023
Total assets
$29,123,942
2023
Num. employees
0
2023

Program areas at Boc Capital Corporation

Microloan and small business loan program - to promote employment and business opportunity in economically distressed communities through advice, loans, and other assistance including covid-19 relief loan for entrepreneurs of color and sba paycheck protection program loans.

Who funds Boc Capital Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
JP Morgan Chase FoundationIn Support of Underserved Small Business Expansion$125,000
Opportunity Finance Network (OFN)Ofn Cdfi Tech Grant Program Supported By Google.org$75,000
Workforce Development Corporation / Downtown Bklyn Training Emplymt CNLBusiness Financial Assistance Program$66,975
...and 1 more grant received

Personnel at Boc Capital Corporation

NameTitleCompensation
Elena ZikussChief Financial Officer$0
Rodney SantiagoChief Product Officer$0
Nancy CarinExecutive Director$0
Alexandr MesonzhnikSenior Account Manager$0
Kwok C ChuProgram Manager$0
...and 4 more key personnel

Financials for Boc Capital Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$4,085,167
Program services$996,769
Investment income and dividends$23,490
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,105,426

Form 990s for Boc Capital Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-08990View PDF
2022-062023-04-18990View PDF
2021-062022-05-05990View PDF
2020-062021-05-20990View PDF
2019-062020-09-25990View PDF
...and 9 more Form 990s
Data update history
November 27, 2023
Received grants
Identified 2 new grant, including a grant for $125,000 from JP Morgan Chase Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 23, 2023
Received grants
Identified 5 new grant, including a grant for $66,975 from Workforce Development Corporation / Downtown Bklyn Training Emplymt CNL
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Business and community development organizationsChapter / child organizationsCharities
Issues
Human rightsCommunity improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
85 S Oxford St
Brooklyn, NY 11217
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
Website URL
boccapital.org/ 
Phone
(718) 624-9115
IRS details
EIN
11-3596666
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
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