DOWNTOWN BROOKLYN — The Brooklyn Chamber of Commerce (BCC) recently hosted its annual not-for-profit summit at St. Francis College, featuring several expert panelists on the topic and drawing hundreds of attendees.
This year’s theme was “Stand Out and Thrive: Strategies for Nonprofits to Shine in a Crowded Market,” and the event boasted an extensive panel on Artificial Intelligence (AI) and the role it can play in the not-for-profit sector, as well as a discussion on navigating change management.
The Executive Director of the Mayor’s Office for Nonprofit Services Johnny Celestin was the event’s keynote speaker.
“I am excited to be here in Brooklyn where the vibrancy of the nonprofit sector mirrors the spirit of this community,” Celestin said. “Nonprofits are essential to the fabric of this city and central to New York City’s economy, with over 48,000 registered nonprofits here.”
Celestin added that the sector generates more than $280 billion a year in revenue, and accounts for 22% of the workforce across all five boroughs.
“Brooklyn is home to 30% of the city’s nonprofits, which brings over $21 billion in revenue each year, and more than 130,000 jobs in this borough alone. The nonprofit sector is a major economic engine driving social progress, community well-being and job creation across the city, and particularly here in Brooklyn,” said Celestin.
Celestin pointed out that disparities do exist.
“Typically, large institutions dominate, and smaller organizations, particularly those led by minorities and women, often face systemic challenges such as limited funding and unequal access to city contracts.”
Randy Peers, BCC president and CEO, explained…
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