Civic Intelligence

West Brighton Community Local Development Corporation

EIN 13-3046424 • 501(c)3 • Staten Island, NY

Profile

The west brighton community local development corporation dba staten island business outreach center (siboc) was established as a not-for-profit corporation that is dedicated to making staten island, new york a better place to live and shop. Our programs are designed to attract new businesses and assist existing businesses in expansion, renovations, promotions, and interactions with government agencies. Siboc, through our small business development services, empowers underserved and low- and moderate-income (lmi) entrepreneurs and small business owners, through a combination of business assistance and workforce development. Various services are available to assist business owners such as: one to one business counseling, financial literacy, loan applications assistance and services from government, understand regulatory requirements and how to become compliant; seminars on business topics and technology classes. Siboc provides minority and women business owners with outstanding support

686 Forest AvenueStaten Island, NY 10310

www.siboc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.05x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

61st percentile

0.05x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

69th percentile

13%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

79th percentile

38%

Faster revenue growth than 79% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$494,597

Up $56,545 (+13%) from 2024

Liabilities

Down

$25,600

Down $1,154 (-4.3%) from 2024

Net Assets

Up

$468,997

Up $57,699 (+14%) from 2024

Revenue

Up

$535,739

Up $147,692 (+38%) from 2024

Expenses

Up

$478,040

Up $142,751 (+43%) from 2024

Net Income

Up

$57,699

Up $4,941 (+9.4%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $163,530Liabilities 2011: $24,214Net Assets 2011: $139,3162011Assets 2012: $122,053Liabilities 2012: $7,956Net Assets 2012: $114,0972012Assets 2013: $225,117Liabilities 2013: $81,430Net Assets 2013: $143,6872013Assets 2014: $460,392Liabilities 2014: $158,969Net Assets 2014: $301,4232014Assets 2015: $390,465Liabilities 2015: $228,624Net Assets 2015: $161,8412015Assets 2016: $139,264Liabilities 2016: $31,797Net Assets 2016: $107,4672016Assets 2017: $174,023Liabilities 2017: $36,172Net Assets 2017: $137,8512017Assets 2018: $161,270Liabilities 2018: $60,716Net Assets 2018: $100,5542018Assets 2019: $98,538Liabilities 2019: $11,050Net Assets 2019: $87,4882019Assets 2020: $144,451Liabilities 2020: $32,741Net Assets 2020: $111,7102020Assets 2021: $207,041Liabilities 2021: $10,848Net Assets 2021: $196,1932021Assets 2022: $279,609Liabilities 2022: $21,059Net Assets 2022: $258,5502022Assets 2023: $384,673Liabilities 2023: $26,133Net Assets 2023: $358,5402023Assets 2024: $438,052Liabilities 2024: $26,754Net Assets 2024: $411,2982024Assets 2025: $494,597Liabilities 2025: $25,600Net Assets 2025: $468,9972025

Highlighted filing

2025

Assets$494,597
Liabilities$25,600
Net Assets$468,997

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $303,5012011Expenses 2012: $268,6962012Revenue 2013: $382,112Expenses 2013: $352,522Net Income 2013: $29,5902013Revenue 2014: $496,340Expenses 2014: $338,604Net Income 2014: $157,7362014Revenue 2015: $300,044Expenses 2015: $395,256Net Income 2015: -$95,2122015Revenue 2016: $276,095Expenses 2016: $330,469Net Income 2016: -$54,3742016Revenue 2017: $360,766Expenses 2017: $330,382Net Income 2017: $30,3842017Revenue 2018: $368,930Expenses 2018: $406,227Net Income 2018: -$37,2972018Revenue 2019: $255,222Expenses 2019: $268,288Net Income 2019: -$13,0662019Revenue 2020: $231,075Expenses 2020: $206,853Net Income 2020: $24,2222020Revenue 2021: $288,037Expenses 2021: $203,554Net Income 2021: $84,4832021Revenue 2022: $316,732Expenses 2022: $254,375Net Income 2022: $62,3572022Revenue 2023: $386,289Expenses 2023: $286,299Net Income 2023: $99,9902023Revenue 2024: $388,047Expenses 2024: $335,289Net Income 2024: $52,7582024Revenue 2025: $535,739Expenses 2025: $478,040Net Income 2025: $57,6992025

Highlighted filing

2025

Revenue$535,739
Expenses$478,040
Net Income$57,699

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.95$0.26$4.69$5.36$4.78$0.58
2024Detailed filing. Detailed filing data is available for this year.$4.38$0.27$4.11$3.88$3.35$0.53
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.26$3.59$3.86$2.86$1.00
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.80$0.21$2.59$3.17$2.54$0.62
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.11$1.96$2.88$2.04$0.84
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.33$1.12$2.31$2.07$0.24
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.11$0.87$2.55$2.68$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.61$1.01$3.69$4.06$0.37
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.36$1.38$3.61$3.30$0.30
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.32$1.07$2.76$3.30$0.54
2015Detailed filing. Detailed filing data is available for this year.$3.90$2.29$1.62$3.00$3.95$0.95
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.60$1.59$3.01$4.96$3.39$1.58
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.81$1.44$3.82$3.53$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.08$1.14$2.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.24$1.39$3.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 15, 2026
Return Version
2024v5.0
Gross Receipts
$540,739
Mission and Program Overview

Mission

The west brighton community local development corporation was established as a not-for-profit corporation that is dedicated to making staten island, new york a better place to live and shop. Our programs are designed to attract new business and assist existing businesses in expansion, renovations, promotions, and interactions with government agencies.

The west brighton community local development corporation dba staten island business outreach center (siboc) was established as a not-for-profit corporation that is dedicated to making staten island, new york a better place to live and shop. Our programs are designed to attract new businesses and assist existing businesses in expansion, renovations, promotions, and interactions with government agencies. Siboc, through our small business development services, empowers underserved and low- and moderate-income (lmi) entrepreneurs and small business owners, through a combination of business assistance and workforce development. Various services are available to assist business owners such as: one to one business counseling, financial literacy, loan applications assistance and services from government, understand regulatory requirements and how to become compliant; seminars on business topics and technology classes. Siboc provides minority and women business owners with outstanding support

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$294,346$398,565▲ $104,219
Cash and Non-Interest-Bearing Accounts$120,167$71,435▼ $48,732
Land, Buildings, and Equipment, Net$12,062$9,135▼ $2,927
Prepaid Expenses and Deferred Charges$4,028$4,850▲ $822
Total Assets$438,052$494,597▲ $56,545
Other Assets Total$7,449$10,612▲ $3,163
Liabilities
Accounts Payable and Accrued Expenses$26,754$25,600▼ $1,154
Total Liabilities$26,754$25,600▼ $1,154
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$398,934$417,181▲ $18,247
Net Assets With Donor Restrictions$12,364$51,816▲ $39,452
Total Net Assets Fund Balance$411,298$468,997▲ $57,699
Total Liabilities and Net Assets / Fund Balance$438,052$494,597▲ $56,545

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,135$23,327$32,462
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nina FloresExecutive DiFT$87,500$87,500

Board Members and Trustees

NameTitle
Teresa CirelliPresident
Doreen CugnoDirector
Enrico BawarDirector
Eric CampioneDirector
Joseph Cuozzo MbaDirector
Laura VolsarioDirector
Maureen FairlieDirector
Robert MyersDirector
Tiffany FeoDirector
Timothy CastanzaDirector
Nancy NixSecretary
Michael BloomfieldTreasurer
Roy a RucciVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$456,917
Program Service Revenue
$74,064
Investment Income
$398
Other Revenue
$4,360
All Other Contributions
$25,000
Change in Net Assets
$57,699

Audited Revenue Reconciliation

Revenue per Audited Statements
$535,739
Revenue Not Reported on Form 990
$5,000
Total Revenue per Audited Statements
$540,739
Total Revenue per Form 990
$535,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$308,243
Other Expenses$169,797
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$177,062$20,488-$197,550
Current Officers, Directors, Trustees, and Key Employees$78,884$6,859-$85,743
Occupancy$44,749$14,015-$58,764
Fees for Services Accounting$50,618$2,697-$53,315
Payroll Taxes$19,924$1,749-$21,673
Office Expenses$3,312$3,289-$6,601
Insurance$2,838$2,602-$5,440
Other Employee Benefits$3,277--$3,277
Depreciation Depletion-$2,927-$2,927
Other Expenses$3,270$1,354-$1,354
All Other Expenses$313$932-$1,245
Travel-$41-$41
Total Functional Expenses$415,114$62,926$0$478,040

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$483,040
Expenses per Audited Statements$478,040
Total Expenses per Form 990$478,040
Expenses Not Reported on Form 990$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,360
Fundraising Direct Expenses$5,000
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Michael BloomfieldTreasurerComputer ServicesNo$15,201
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The cpa presents the 990 to the organization's finance committee. A copy of the 990 is then distributed to board members to review before filing.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest are monitored on an ongoing basis.

Form 990, Page 6, Part VI, Line 15A

A review of compensation for the executive director is performed by the bo ard of directors using data from similar organizations and determining fun ding availability for compensation.

Form 990, Page 6, Part VI, Line 19

The governing documents, policies and financial statements are available u pon request.

Filing and Contact Details

Filer

Filer Name
West Brighton Community
EIN
13-3046424
Phone
7188164775
Address
686 FOREST AVENUE, STATEN ISLAND, NY 10310
Doing Business As
Staten Island Business Outreach

Signing Officer

Name
Teresa Cirelli
Title
President
Phone
7188164775
Signed
2026-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa Cirelli
Formed
1980
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
7

Preparer

Firm
Desantis Kiefer Shall & Sarcone Llp
Address
1675 RICHMOND ROAD, STATEN ISLAND, NY 10304-2317
Preparer
Nicole M Bulcroft CPA
Phone
7183512233
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

Staten island business outreach center

FORM 990 - ORGANIZATION'S MISSION

The west brighton community local development corporation dba staten island business outreach center (siboc) was established as a not-for-profit corporation that is dedicated to making staten island, new york a better place to live and shop. Our programs are designed to attract new businesses and assist existing businesses in expansion, renovations, promotions, and interactions with government agencies. Siboc, through our small business development services, empowers underserved and low- and moderate-income (lmi) entrepreneurs and small business owners, through a combination of business assistance and workforce development. Various services are available to assist business owners such as: one to one business counseling, financial literacy, loan applications assistance and services from government, understand regulatory requirements and how to become compliant; seminars on business topics and technology classes. Siboc provides minority and women business owners with outstanding support services in obtaining city, state and federal m/wbe certification and licenses, and work with city and state agencies to expand their access to procurement opportunities. Through our neighborhood development division, siboc works with local businesses and newly formed merchant's organizations which occasionally leads to business improvement district (bid) exploration and formation process. Siboc provides organizational assistance and advice to improve the micro-economy of targeted neighborhoods. Siboc also provides graffiti removal programs in several communities. Commercial revitalization and neighborhood development services are provided to local commercial corridors in the borough of staten island. Our workforce development division at siboc manages the program in the areas of community outreach, community recruitment and the supervision of daily operations of training programs open to staten island residents looking to gain employment in the borough. Secure the participation of local residents in employment opportunities available through development and redevelopment projects. In addition, siboc assists small business owners and entrepreneurs with job descriptions for new hires, review potential employees, and assist in interviews of potential employees.

Form 990, Page 2, Part III, Line 4B

Siboc's entrepreneurship assistance center (eac) is a full-service center that supports new york city area entrepreneurs and small business owners through its holistic training and coaching. Our eac center provides instruction, training, and one-on-one counseling in various languages to help aspiring entrepreneurs, first-time and existing business owners to develop business, problem-solving and management skills to turn their business concepts into reality and make the right decisions. The emphasis is on helping individuals develop successful, resilient, and lasting businesses.eacs offer a wide range of technical assistance services, including: evaluating the feasibility of starting a new business, refining a business concept and business plan, business registration assistance, skills building in the application of business management principles and practices, a 60-hours business plan training course, learn financial management skills, develop and execute marketing strategies, website development and the design of ecommerce platforms, learn to sell products and services online, counseling and guidance in identifying and accessing capital and credit services, assistance with state procurement programs, certification assistance to new york state minority/women-owned business enterprises and mentoring.

Form 990, Part XI, Line 9

Fundraising expenses 5,000 fundraising expenses -5,000

Financial Statement Notes

Schedule D, Page 3, Part X

The corporation is subject to the provisions of the fasb asc topic 740, income taxes, as it relates to accounting and reporting for uncertainty in income taxes. Because of the corporations general tax-exempt status, asc topic 740 has not had, and is not expected to have, a material impact on its financial statements.

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 5,000

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 5,000

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IRS990/ActivityOrMissionDesc0THE WEST BRIGHTON COMMUNITY LOCAL DEVELOPMENT CORPORATION DBA STATEN ISLAND BUSINESS OUTREACH CENTER (SIBOC) WAS ESTABLISHED AS A NOT-FOR-PROFIT CORPORATION THAT IS DEDICATED TO MAKING STATEN ISLAND, NEW YORK A BETTER PLACE TO LIVE AND SHOP. OUR PROGRAMS ARE DESIGNED TO ATTRACT NEW BUSINESSES AND ASSIST EXISTING BUSINESSES IN EXPANSION, RENOVATIONS, PROMOTIONS, AND INTERACTIONS WITH GOVERNMENT AGENCIES. SIBOC, THROUGH OUR SMALL BUSINESS DEVELOPMENT SERVICES, EMPOWERS UNDERSERVED AND LOW- AND MODERATE-INCOME (LMI) ENTREPRENEURS AND SMALL BUSINESS OWNERS, THROUGH A COMBINATION OF BUSINESS ASSISTANCE AND WORKFORCE DEVELOPMENT. VARIOUS SERVICES ARE AVAILABLE TO ASSIST BUSINESS OWNERS SUCH AS: ONE TO ONE BUSINESS COUNSELING, FINANCIAL LITERACY, LOAN APPLICATIONS ASSISTANCE AND SERVICES FROM GOVERNMENT, UNDERSTAND REGULATORY REQUIREMENTS AND HOW TO BECOME COMPLIANT; SEMINARS ON BUSINESS TOPICS AND TECHNOLOGY CLASSES. SIBOC PROVIDES MINORITY AND WOMEN BUSINESS OWNERS WITH OUTSTANDING SUPPORT
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IRS990/MissionDesc0THE WEST BRIGHTON COMMUNITY LOCAL DEVELOPMENT CORPORATION DBA STATEN ISLAND BUSINESS OUTREACH CENTER (SIBOC) WAS ESTABLISHED AS A NOT-FOR-PROFIT CORPORATION THAT IS DEDICATED TO MAKING STATEN ISLAND, NEW YORK A BETTER PLACE TO LIVE AND SHOP. OUR PROGRAMS ARE DESIGNED TO ATTRACT NEW BUSINESSES AND ASSIST EXISTING BUSINESSES IN EXPANSION, RENOVATIONS, PROMOTIONS, AND INTERACTIONS WITH GOVERNMENT AGENCIES. SIBOC, THROUGH OUR SMALL BUSINESS DEVELOPMENT SERVICES, EMPOWERS UNDERSERVED AND LOW- AND MODERATE-INCOME (LMI) ENTREPRENEURS AND SMALL BUSINESS OWNERS, THROUGH A COMBINATION OF BUSINESS ASSISTANCE AND WORKFORCE DEVELOPMENT. VARIOUS SERVICES ARE AVAILABLE TO ASSIST BUSINESS OWNERS SUCH AS: ONE TO ONE BUSINESS COUNSELING, FINANCIAL LITERACY, LOAN APPLICATIONS ASSISTANCE AND SERVICES FROM GOVERNMENT, UNDERSTAND REGULATORY REQUIREMENTS AND HOW TO BECOME COMPLIANT; SEMINARS ON BUSINESS TOPICS AND TECHNOLOGY CLASSES. SIBOC PROVIDES MINORITY AND WOMEN BUSINESS OWNERS WITH OUTSTANDING SUPPORT
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS SUBJECT TO THE PROVISIONS OF THE FASB ASC TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. BECAUSE OF THE CORPORATIONS GENERAL TAX-EXEMPT STATUS, ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON ITS FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 5,000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 5,000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE COMPANY OF A BOARD MEMBER PROVIDES INFORMATION TECHNOLOGY SERVICES TO THE CORPORATION. TOTAL EXPENSES FOR THESE SERVICES WERE 15,201 FOR THE YEAR ENDED JUNE 30, 2025.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STATEN ISLAND BUSINESS OUTREACH CENTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE WEST BRIGHTON COMMUNITY LOCAL DEVELOPMENT CORPORATION DBA STATEN ISLAND BUSINESS OUTREACH CENTER (SIBOC) WAS ESTABLISHED AS A NOT-FOR-PROFIT CORPORATION THAT IS DEDICATED TO MAKING STATEN ISLAND, NEW YORK A BETTER PLACE TO LIVE AND SHOP. OUR PROGRAMS ARE DESIGNED TO ATTRACT NEW BUSINESSES AND ASSIST EXISTING BUSINESSES IN EXPANSION, RENOVATIONS, PROMOTIONS, AND INTERACTIONS WITH GOVERNMENT AGENCIES. SIBOC, THROUGH OUR SMALL BUSINESS DEVELOPMENT SERVICES, EMPOWERS UNDERSERVED AND LOW- AND MODERATE-INCOME (LMI) ENTREPRENEURS AND SMALL BUSINESS OWNERS, THROUGH A COMBINATION OF BUSINESS ASSISTANCE AND WORKFORCE DEVELOPMENT. VARIOUS SERVICES ARE AVAILABLE TO ASSIST BUSINESS OWNERS SUCH AS: ONE TO ONE BUSINESS COUNSELING, FINANCIAL LITERACY, LOAN APPLICATIONS ASSISTANCE AND SERVICES FROM GOVERNMENT, UNDERSTAND REGULATORY REQUIREMENTS AND HOW TO BECOME COMPLIANT; SEMINARS ON BUSINESS TOPICS AND TECHNOLOGY CLASSES. SIBOC PROVIDES MINORITY AND WOMEN BUSINESS OWNERS WITH OUTSTANDING SUPPORT SERVICES IN OBTAINING CITY, STATE AND FEDERAL M/WBE CERTIFICATION AND LICENSES, AND WORK WITH CITY AND STATE AGENCIES TO EXPAND THEIR ACCESS TO PROCUREMENT OPPORTUNITIES. THROUGH OUR NEIGHBORHOOD DEVELOPMENT DIVISION, SIBOC WORKS WITH LOCAL BUSINESSES AND NEWLY FORMED MERCHANT'S ORGANIZATIONS WHICH OCCASIONALLY LEADS TO BUSINESS IMPROVEMENT DISTRICT (BID) EXPLORATION AND FORMATION PROCESS. SIBOC PROVIDES ORGANIZATIONAL ASSISTANCE AND ADVICE TO IMPROVE THE MICRO-ECONOMY OF TARGETED NEIGHBORHOODS. SIBOC ALSO PROVIDES GRAFFITI REMOVAL PROGRAMS IN SEVERAL COMMUNITIES. COMMERCIAL REVITALIZATION AND NEIGHBORHOOD DEVELOPMENT SERVICES ARE PROVIDED TO LOCAL COMMERCIAL CORRIDORS IN THE BOROUGH OF STATEN ISLAND. OUR WORKFORCE DEVELOPMENT DIVISION AT SIBOC MANAGES THE PROGRAM IN THE AREAS OF COMMUNITY OUTREACH, COMMUNITY RECRUITMENT AND THE SUPERVISION OF DAILY OPERATIONS OF TRAINING PROGRAMS OPEN TO STATEN ISLAND RESIDENTS LOOKING TO GAIN EMPLOYMENT IN THE BOROUGH. SECURE THE PARTICIPATION OF LOCAL RESIDENTS IN EMPLOYMENT OPPORTUNITIES AVAILABLE THROUGH DEVELOPMENT AND REDEVELOPMENT PROJECTS. IN ADDITION, SIBOC ASSISTS SMALL BUSINESS OWNERS AND ENTREPRENEURS WITH JOB DESCRIPTIONS FOR NEW HIRES, REVIEW POTENTIAL EMPLOYEES, AND ASSIST IN INTERVIEWS OF POTENTIAL EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SIBOC'S ENTREPRENEURSHIP ASSISTANCE CENTER (EAC) IS A FULL-SERVICE CENTER THAT SUPPORTS NEW YORK CITY AREA ENTREPRENEURS AND SMALL BUSINESS OWNERS THROUGH ITS HOLISTIC TRAINING AND COACHING. OUR EAC CENTER PROVIDES INSTRUCTION, TRAINING, AND ONE-ON-ONE COUNSELING IN VARIOUS LANGUAGES TO HELP ASPIRING ENTREPRENEURS, FIRST-TIME AND EXISTING BUSINESS OWNERS TO DEVELOP BUSINESS, PROBLEM-SOLVING AND MANAGEMENT SKILLS TO TURN THEIR BUSINESS CONCEPTS INTO REALITY AND MAKE THE RIGHT DECISIONS. THE EMPHASIS IS ON HELPING INDIVIDUALS DEVELOP SUCCESSFUL, RESILIENT, AND LASTING BUSINESSES.EACS OFFER A WIDE RANGE OF TECHNICAL ASSISTANCE SERVICES, INCLUDING: EVALUATING THE FEASIBILITY OF STARTING A NEW BUSINESS, REFINING A BUSINESS CONCEPT AND BUSINESS PLAN, BUSINESS REGISTRATION ASSISTANCE, SKILLS BUILDING IN THE APPLICATION OF BUSINESS MANAGEMENT PRINCIPLES AND PRACTICES, A 60-HOURS BUSINESS PLAN TRAINING COURSE, LEARN FINANCIAL MANAGEMENT SKILLS, DEVELOP AND EXECUTE MARKETING STRATEGIES, WEBSITE DEVELOPMENT AND THE DESIGN OF ECOMMERCE PLATFORMS, LEARN TO SELL PRODUCTS AND SERVICES ONLINE, COUNSELING AND GUIDANCE IN IDENTIFYING AND ACCESSING CAPITAL AND CREDIT SERVICES, ASSISTANCE WITH STATE PROCUREMENT PROGRAMS, CERTIFICATION ASSISTANCE TO NEW YORK STATE MINORITY/WOMEN-OWNED BUSINESS ENTERPRISES AND MENTORING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CPA PRESENTS THE 990 TO THE ORGANIZATION'S FINANCE COMMITTEE. A COPY OF THE 990 IS THEN DISTRIBUTED TO BOARD MEMBERS TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS OF INTEREST ARE MONITORED ON AN ONGOING BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A REVIEW OF COMPENSATION FOR THE EXECUTIVE DIRECTOR IS PERFORMED BY THE BO ARD OF DIRECTORS USING DATA FROM SIMILAR ORGANIZATIONS AND DETERMINING FUN DING AVAILABILITY FOR COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE U PON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FUNDRAISING EXPENSES 5,000 FUNDRAISING EXPENSES -5,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - ORGANIZATION'S MISSION
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