Harlem Business Alliance Inc

Community development organization based in New York, NY. 9 employees. Exempt under §501(c)(3).

MissionHBA AIMS TO FACILITATE THE CREATION, SUSTAINABILITY AND GROWTH OF NYC BUSINESSES, PARTICULARLY FOCUSING ON BLACK-OWNED BUSINESSES BY PROVIDING INTENSIVE, CULTURALLY COMPETENT TECHNICAL ASSISTANCE, INNOVATIVE BUSINESS EDUCATION WORKSHOPS, AND A BUSINESS SUPPORT CENTER.

Financial snapshot · TY 2024

$617K
Total revenue
$635K
Total expenses
$506K
Net assets

Financial health · TY 2024

32
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
26
4.7 months of expenses
Program efficiency
52
70.8% spent on programs
Revenue diversity
2
Mix of program fees, grants & contributions

Leadership compensation

Monique Hector
EXECUTIVE DIRECTOR
$100,000
54th percentile vs. peers

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