Form 990 for tax year 2023
Filed by METROTECH AREA DISTRICT MANAGEMENT ASSOCIATION INC.
Totals
- Total revenue
- $5,677,423
- Total expenses
- $4,861,815
- Contributions and grants received
- $19,995
- Grants paid
- $0
- Program service revenue
- $5,548,665
- Investment income
- $108,763
- Other revenue
- $0
- Total assets, end of year
- $4,876,330
- Total liabilities, end of year
- $171,762
- Net assets or fund balances, end of year
- $4,704,568
- Program services expenses (Part IX)
- $4,026,787
- Management and general expenses
- $835,028
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,026,787
Program services were 82.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$19,995
-
2a · Program service revenue: ASSESSMENT INCOME
total $5,359,760 · related or exempt $5,359,760
-
2b · Program service revenue: PROGRAMMING FEES
total $126,303 · related or exempt $126,303
-
2c · Program service revenue: OTHER PROGRAM INCOME
total $42,098 · related or exempt $42,098
-
2d · Program service revenue: PROMOTIONAL AND OTHER
total $14,000 · related or exempt $14,000
-
2e · Program service revenue: PUBLIC PLAZA EVENTS
total $6,504 · related or exempt $6,504
-
3 · Investment income
total $108,763 · excluded $108,763
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $1,573,785 · program services $1,430,570 · management and general $143,215
-
10 · Payroll taxes
total $398,702 · program services $370,291 · management and general $28,411
-
11b · Fees: legal
total $6,192 · management and general $6,192
-
11c · Fees: accounting
total $17,750 · management and general $17,750
-
11d · Fees: lobbying
total $7,478 · management and general $7,478
-
11g · Fees: other
total $2,349,711 · program services $1,876,279 · management and general $473,432
-
12 · Advertising and promotion
total $42,000 · program services $42,000
-
13 · Office expenses
total $90,805 · program services $48,741 · management and general $42,064
-
16 · Occupancy
total $216,411 · program services $162,625 · management and general $53,786
-
17 · Travel
total $4,262 · program services $363 · management and general $3,899
-
22 · Depreciation, depletion and amortization
total $44,498 · program services $42,188 · management and general $2,310
-
23 · Insurance
total $51,222 · management and general $51,222
-
24a · Other expenses: EQUIPMENT, MAINTENANCE
total $29,978 · program services $27,497 · management and general $2,481
-
24b · Other expenses: UNIFORMS
total $25,933 · program services $25,933
-
24c · Other expenses: BANK FEES
total $3,088 · program services $300 · management and general $2,788
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,495,636 · end of year $1,039,533
-
2 · Savings and temporary cash investments
beginning of year $653,567 · end of year $3,486,093
-
4 · Accounts receivable
beginning of year $73,634 · end of year $116,574
-
9 · Prepaid expenses and deferred charges
beginning of year $30,923 · end of year $22,547
-
10a · Land, buildings and equipment: cost or other basis
$313,376
-
10b · Land, buildings and equipment: accumulated depreciation
$112,283
-
10c · Land, buildings and equipment, net
beginning of year $125,589 · end of year $201,093
-
15 · Other assets
beginning of year $9,631 · end of year $10,490
-
17 · Accounts payable and accrued expenses
beginning of year $176,691 · end of year $141,317
-
25 · Other liabilities
beginning of year $323,329 · end of year $30,445
-
27 · Net assets without donor restrictions
beginning of year $3,888,960 · end of year $4,704,568
Mission and programs · 2023
Mission
THE ORGANIZATION PROVIDES SUPPLEMENTAL SANITATION, PUBLIC SAFETY, STREETSCAPE IMPROVEMENT, VISITOR INFORMATION AND COMMERCIAL SUPPORT SERVICES TO PROPERTY OWNERS, BUSINESSES AND RESIDENTS OF AN AREA ESTABLISHED AS A BUSINESS IMPROVEMENT DISTRICT.
Activities or mission (Part I)
PROMOTE THE VITALITY AND ECONOMIC GROWTH OF A BUSINESS IMPROVEMENT DISTRICT LOCATED IN NYC.
-
PUBLIC SAFETY - PROVIDING INCREASED PUBLIC SECURITY THROUGH A COMBINATION OF UNIFORMED GUARDS AND A WORKING RELATIONSHIP WITH THE NEW YORK CITY POLICE DEPARTMENT.
Expenses $1,542,561 · Revenue $60,000
-
MARKETING - PROMOTING THE DISTRICT TO RESIDENTS AND TOURISTS AND TO RETAIN AND DEVELOP PROSPECTIVE BUSINESSES.
Expenses $413,184 · Revenue $16,707
-
PUBLIC SPACE - MAINTAINING CLEAN STREETS/CURBS, GARBAGE REMOVAL, AND SUPPLEMENTAL REPAIR AND MAINTENANCE OF SIDEWALKS, SIGNAGE AND PUBLIC FURNITURE AND FIXTURES.
Expenses $2,071,042
As filed on the 2023 return.
Listed in Part VII
-
Ali EsmaeilzadehALI ESMAEILZADEH
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Sayar LonialSAYAR LONIAL
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Anand VoraANAND VORA
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Al PankinAL PANKIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Albert LabozALBERT LABOZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ari GoldsteinARI GOLDSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Arvind SidhwaniARVIND SIDHWANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Callie HainesCALLIE HAINES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Calvin BrownCALVIN BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Charly CoutureCHARLY COUTURE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Chirstopher McKennaCHIRSTOPHER MCKENNA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel AbramsonDANIEL ABRAMSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
David LombinoDAVID LOMBINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Edward CenEDWARD CEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Elizabeth GaffneyELIZABETH GAFFNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Evan WalkeEVAN WALKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jared Della ValleJARED DELLA VALLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeffrey KayJEFFREY KAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jennifer ButlerJENNIFER BUTLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jesse CoopermanJESSE COOPERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jimmy LamJIMMY LAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael BloombergMICHAEL BLOOMBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael NewmanMICHAEL NEWMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Morris JeromeMORRIS JEROME
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Nancy UmanoffNANCY UMANOFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Norman RyanNORMAN RYAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Shawn DaceySHAWN DACEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Taya MuellerTAYA MUELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tim QuinlanTIM QUINLAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Regina MyerREGINA MYER
ORG. MANAGER
- Total calculated
- $490,013
- From this org
- $0
- From related orgs
- $445,164
- Other
- $44,849
- Hours/week
- 10 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $392,392 related
- Bonus
- $0 + $50,000 related
- Other
- $0 + $2,772 related
- Deferred
- $0 + $12,240 related
- Nontaxable benefits
- $0 + $32,609 related
- Filer's total
- $0 + $490,013 related
-
Jennifer TausigJENNIFER TAUSIG
S.V.P. OF FINANCE & OPERATIONS
- Total calculated
- $201,891
- From this org
- $0
- From related orgs
- $179,918
- Other
- $21,973
- Hours/week
- 45 + 10 related
Schedule J breakdown matched by us
- Base
- $0 + $166,771 related
- Bonus
- $0 + $13,000 related
- Other
- $0 + $147 related
- Deferred
- $0 + $2,839 related
- Nontaxable benefits
- $0 + $19,134 related
- Filer's total
- $0 + $201,891 related
-
Belinda CapeBELINDA CAPE
S.V.P. OF COMM. & PUBLIC AFFAIRS
- Total calculated
- $205,298
- From this org
- $0
- From related orgs
- $181,719
- Other
- $23,579
- Hours/week
- 10 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $168,086 related
- Bonus
- $0 + $13,000 related
- Other
- $0 + $633 related
- Deferred
- $0 + $4,933 related
- Nontaxable benefits
- $0 + $18,646 related
- Filer's total
- $0 + $205,298 related
-
Peter CoynePETER COYNE
DIRECTOR OF PUBLIC SAFETY
- Total calculated
- $183,194
- From this org
- $0
- From related orgs
- $174,372
- Other
- $8,822
- Hours/week
- 10 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $161,472 related
- Bonus
- $0 + $12,000 related
- Other
- $0 + $900 related
- Deferred
- $0 + $5,095 related
- Nontaxable benefits
- $0 + $3,727 related
- Filer's total
- $0 + $183,194 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
DOWNTOWN BROOKLYN PARTNERSHIP INC
501(C)(3) · REDEVELOPMENT PROJECTS AND THE ADMINISTRATION OF PROGRAMS AND SERVICES · NY
Directly controlled by DOWNTOWN BROOKLYN PARTNERSHIP INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501369349301200
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