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New York City economic development organizations

There are 414economic development organizations in the greater New York Citymetro area, including the cities of New York, Jersey City, Lakewood, Newark, New Brunswick, and White Plains within the states of New York and New Jersey. Combined, these New York City metro economic development organizationsemploy 4,134 people, earn more than $1 billion in revenue each year, and have assets of $6 billion.
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Types of economic development organizations in New York City

Nonprofit typeNumberRevenues
Economic development organizations
414
$1,069,298,745
Urban development organizations
254
$814,920,011
Convention centers and visitor bureaus
3
$66,928,335
Showing 3 of 3categories

Job trends for New York City economic development organizations

Employees per organizationNumber of organizations
0
83
1-10
69
11-25
20
26-100
17
101 to 1,000
9
1,000+
0
Key takeaways for employment stats:

Sizes of economic development organizations in New York City

Revenues per organizationNumber of organizations
< $250k
94
$250k to $1M
56
$1M to $5M
57
$5M to $25M
18
$25M to $100M
5
$100M+
3
Key takeaways for revenue stats:

Directory of economic development organizations in New York City

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1-20 of 414

Local Initiatives Support Corporation

Local Initiatives Support Corporation empowers communities by providing flexible lending, grants, and resources to foster inclusive, resilient neighborhoods across America.
Revenue
$290.2m
Assets
$1.4b
Employees
830
EIN
13-3030229
IRS type
501(c)(3)

Discover Long Island

Discover Long Island is the official tourism promotion agency responsible for promoting the Long Island region as a destination for tourism, meetings, conventions and sporting events.
Revenue
$3.5m
Assets
$4.6m
Employees
24
EIN
52-1137306
IRS type
501(c)(6)

New York City Tourism Conventions

NYC & Company is the official destination marketing organization for the five boroughs of New York City. To maximize travel and tourism opportunities throughout the City, build economic prosperity and spread the dynamic image of New York City around the.
Revenue
$61.5m
Assets
$25.3m
Employees
105
EIN
13-5531178
IRS type
501(c)(6)

Greater Newark Convention and Visitors Bureau (GNCVB)

Greater Newark Convention and Visitor Bureau is a private 501(c) (6) New Jersey non-profit corporation, primarily funded by Newark's hotels through a Tourism Improvement District, committed to creating economic growth and increased employment in Newark.
Revenue
$2.4m
Assets
$1.7m
Employees
8
EIN
46-1795835
IRS type
501(c)(6)

Times Square Alliance

The Times Square Alliance works to improve and promote Times Square - making it clean & safe while cultivating the creativity, energy and edge that have made the area an icon of entertainment, culture and urban life for over a century.
Revenue
$25.9m
Assets
$23.0m
Employees
203
EIN
13-3627527
IRS type
501(c)(3)

Boc Capital Corporation

Boc Capital Corporation promotes economic development through microloan and small business loan programs. It's based in Brooklyn, NY.
Revenue
$5.1m
Assets
$29.1m
Employees
0
EIN
11-3596666
IRS type
501(c)(3)

New York City Partnership Foundation

To advance the economy of New York City and contribute directly to projects that create jobs, improve economically distressed communities and stimulate new business creation.
Revenue
$11.1m
Assets
$44.0m
Employees
0
EIN
13-3202011
IRS type
501(c)(3)

Alliance for Downtown New York

Alliance for Downtown NY advances Lower Manhattan as a business district through advocacy, research, information services and free circulator bus.
Revenue
$23.7m
Assets
$26.5m
Employees
0
EIN
13-3791550
IRS type
501(c)(3)

National Basketball Association Foundation

NBA Foundation funds programs for black youth to secure meaningful employment and economic empowerment in their communities.
Revenue
$33.5m
Assets
$40.7m
Employees
8
EIN
85-3122376
IRS type
501(c)(3)

Upper Manhattan Empowerment Zone Development Corporation (UMEZ)

To sustain the economic revitalization of all communities in Upper Manhattan through job creation, corporate alliances, strategic investments, and small business assistance.
Revenue
$6.0m
Assets
$79.5m
Employees
20
EIN
13-3808669
IRS type
501(c)(3)

Brooklyn Navy Yard Development Corporation (BNYDC)

The mission of BLDG 92 is to celebrate the Navy Yard's past, present and future, and to promote the role the Yard and its tenants play as an engine for job creation and sustainable urban industrial growth.
Revenue
$119.3m
Assets
$1.0b
Employees
398
EIN
11-2137138
IRS type
501(c)(3)

The national Development council

National Development Council operates two CDFIs for distressed cities, offers technical assistance to clients, and is located in Brooklyn, NY.
Revenue
$35.9m
Assets
$46.7m
Employees
102
EIN
13-6532871
IRS type
501(c)(3)

Greater Jamaica Development Corporation

Greater Jamaica Development Corporation provides parking and economic support for downtown Jamaica, including the community-oriented Jamaica Market.
Revenue
$7.6m
Assets
$38.8m
Employees
39
EIN
23-7021273
IRS type
501(c)(3)

Community Loan Fund of New Jersey

Community Loan Fund of New Jersey transforms at-risk communities through strategic investments, capital, and knowledge. It operates as an urban, community economic development organization that is run by Bernel Hall.
Revenue
$19.1m
Assets
$224.7m
Employees
81
EIN
22-2872262
IRS type
501(c)(3)

Venture Michigan Fund (VMF)

Venture Michigan Fund (VMF) seeks to promote Michigan's economic health by assisting in the creation of new jobs, new businesses and new industries in Michigan.
Revenue
$26.3m
Assets
$339.8m
Employees
0
EIN
20-1443645
IRS type
501(c)(3)

Uncommon Lender

Uncommon Lender is a New York-based entity providing subordinate debt and equity through loans, grants, loan participation purchases, and equity contributions to support Uncommon Schools, Inc.'s real estate activities and related expenses.
Revenue
$11.8m
Assets
$178.6m
Employees
0
EIN
26-3594129
IRS type
501(c)(3)

Downtown Brooklyn Partnership

Downtown Brooklyn Partnership enhances the economic growth and quality of life through redevelopment projects and programs administration in Brooklyn, NY.
Revenue
$2.1m
Assets
$7.6m
Employees
41
EIN
20-5323707
IRS type
501(c)(3)

East Mid-Manhattan District Management Association

EMDMA promotes business vitality in a designated district in NYC through enhanced sanitation, security, streetscape improvement, visitor information and marketing.
Revenue
$3.5m
Assets
$4.4m
Employees
4
EIN
13-4171958
IRS type
501(c)(3)

RDC Commercial Center

RDC Commercial Center develops and operates commercial/rental facilities in Bedford Stuyvesant with the goal of combating urban decay, creating jobs and business opportunities, and stimulating commercial revitalization. It is located in Brooklyn, NY.
Revenue
$4.0m
Assets
$14.3m
Employees
20
EIN
11-2249649
IRS type
501(c)(3)

Ioby

Ioby empowers neighbors to become civic leaders and create positive change in their communities through project funding, coaching, and outreach.
Revenue
$5.0m
Assets
$2.6m
Employees
29
EIN
26-3283639
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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