How Much Did Ocean Bay Community Development Raise?
Funding & Key Investors

Ocean Bay Community Development Corporation (OBCDC) has successfully secured a significant capital injection, bringing its total funding to $41K. This latest round, which includes a $41K infusion, marks a pivotal moment for the organization as it transitions into a more robust phase of operational scaling. By leveraging this substantial expansion capital, the entity is well-positioned to accelerate its mission-driven initiatives within the Far Rockaway region, reinforcing its role as a cornerstone of local socio-economic progress.

What is Ocean Bay Community Development?

Ocean Bay Community Development
OrganizationsNon-Profit & Charitable Organizations

OBCDC operates as a specialized community development organization focused on the holistic revitalization of the Far Rockaway area. The firm functions at the intersection of social welfare and urban infrastructure, deploying resources to improve public health, safety, and educational outcomes. By fostering a more prosperous environment for its constituents, the organization addresses systemic barriers to success, effectively bridging the gap between community needs and sustainable development solutions. Its market position is defined by a deep-rooted commitment to local engagement and the implementation of long-term, high-impact social programs that empower individuals to thrive in an evolving economic landscape.

How much funding has Ocean Bay Community Development raised?

Ocean Bay Community Development has raised a total of $41K across 1 funding round:

2021

Debt

$41K

Debt (2021): $41K with participation from PPP

Key Investors in Ocean Bay Community Development

PPP

Public-Private Partnership

What's next for Ocean Bay Community Development?

With the recent influx of capital, OBCDC is poised to execute a strategic roadmap centered on scaling its core support services and expanding its physical footprint in the community. The organization will likely prioritize the enhancement of its educational outreach and safety programs, ensuring that the recent financing translates into measurable improvements in local quality of life. As the firm matures, the focus will shift toward long-term sustainability and the diversification of its funding streams to ensure that its revitalization efforts remain resilient against broader economic fluctuations. This phase of growth underscores the organization's commitment to institutionalizing its impact and setting a benchmark for community-led development models.

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Frequently Asked Questions Regarding Ocean Bay Community Development Financial Insights

What are the most recent funding rounds that Ocean Bay Community Development has completed, and what were the funding rounds?
Ocean Bay Community Development has recently completed 1 funding rounds: Debt on Mar 24, 2021.
What is the total amount of funding Ocean Bay Community Development has raised to date?
Ocean Bay Community Development has raised a total of $41K in funding to date.
How many funding rounds has Ocean Bay Community Development completed?
Ocean Bay Community Development has completed 1 funding rounds.
How much funding did Ocean Bay Community Development raise in its most recent funding round?
Ocean Bay Community Development raised $41K in its most recent funding round.
Who are the lead investors in Ocean Bay Community Development's latest funding round?
The lead investor in Ocean Bay Community Development's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Ocean Bay Community Development's history?
The largest funding round in Ocean Bay Community Development's history was $41K.
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