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  4. Long Island Small Business Assistance Corporation
EIN 11-3431263

Long Island Small Business Assistance Corporation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Hauppauge
State
New York
Year formed
1998
Most recent tax filings
2022-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Long Island Small Business Assistance Corporation is a certified Community Development Institution and Entity that identifies and serves socially economically disadvantaged individuals. LISBAC provides low-cost micro-loans, small business technical assistance, and procurement resources to increase business growth, capacity, and access to capital in underserved markets. The organization also offers the Business Credit Improvement Program (BCIP) to aid small businesses in establishing credit and increasing borrowing potential. Its location is Hauppauge, NY.
Total revenues
$14,409
2022
Total expenses
$135,106
2022
Total assets
$293,540
2022
Num. employees
1
2022

Program areas at Long Island Small Business Assistance Corporation

Business credit improvement program (bcip) - a lending program that aids Small businesses in establishing Business credit and increases the Business entity's borrowing potential.

Who funds Long Island Small Business Assistance Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Long Island Development CorporationGrant for Business Credit Improvement Program$29,500

Personnel at Long Island Small Business Assistance Corporation

NameTitleCompensation
Gina Slater ParkerPresident and Chief Executive Officer$34,500
Diana WeirVice President$0
Isabel MedinaTreasurer$0
Kit CafaroSecretary$0
Roslyn GoldmacherPresident and Chief Executive Officer

Financials for Long Island Small Business Assistance Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$10,000
Program services$4,398
Investment income and dividends$11
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$14,409

Form 990s for Long Island Small Business Assistance Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-27990View PDF
2021-122022-07-28990View PDF
2020-122021-08-10990EZView PDF
2019-122020-09-10990EZView PDF
2018-122019-08-16990EZView PDF
...and 10 more Form 990s

Organizations like Long Island Small Business Assistance Corporation

OrganizationLocationRevenue
Excelsior Business Development Corporation (EBDC)Brooklyn, NY$55,056
Prairie Rose Development CorporationKirk, CO$57,500
Wisner Community DevelopmentWisner, NE$32,449
Synergy 4wboNewport News, VA$31,410
California ProgressCalifornia, MO$34,690
Pioneer Community Development CorporationCondon, OR$31,871
Community Reuse Organization of East Tennessee (CROET)Oak Ridge, TN$33,876
Greater Raton Economic Development CorporationRaton, NM$67,749
Eureka Community Development CompanyEureka, SD$6,899
Clear Lake Area Development CorporationClear Lake, SD$53,050
Data update history
December 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 27, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
September 25, 2023
Received grants
Identified 1 new grant, including a grant for $29,500 from Long Island Development Corporation
July 26, 2022
Posted financials
Added Form 990EZ for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Business and industry
Characteristics
State / local levelManagement and technical assistanceTax deductible donations
General information
Address
175 Engineers Rd 200
Hauppauge, NY 11788
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
lisbac.org/ 
Phone
(516) 433-5000
IRS details
EIN
11-3431263
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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