Queens Economic Development Corporation

Community development organization based in Kew Gardens, NY. 29 employees. Exempt under §501(c)(3).

MissionThe Organization creates and retains jobs through establishing programs throughout neighborhoods that assist small businesses and promote tourism and business development.

EIN
11-2436149
State
NY
Sector
Community development
Budget band
$2.5M–$5M
Latest filing
TY 2023
Records
1 officers · 4 years

Financial snapshot · TY 2023

$3.4M
Total revenue
$3.4M
Total expenses
$3.0M
Net assets

Financial health · TY 2023

63
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
44
8 months of expenses
Program efficiency
91
86.2% spent on programs
Revenue diversity
45
Mix of program fees, grants & contributions

Leadership compensation

Seth Bornstein
Executive Dir.
$140,000
43th percentile vs. peers

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Queens Economic Development Corporation Executive Compensation | 990 Data | DoubleNine