Form 990 for tax year 2024
Filed by MYRTLE AVENUE BROOKLYN DISTRICT MANAGEMENT ASSOCIATION INC.
Totals
- Total revenue
- $1,247,699
- Total expenses
- $1,246,293
- Contributions and grants received
- $672,377
- Grants paid
- $0
- Program service revenue
- $575,000
- Investment income
- $322
- Other revenue
- $0
- Total assets, end of year
- $626,092
- Total liabilities, end of year
- $20,659
- Net assets or fund balances, end of year
- $605,433
- Program services expenses (Part IX)
- $1,146,309
- Management and general expenses
- $99,984
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,146,309
Program services were 92.0% 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.
-
1e · Government grants (contributions)
$568,143
-
1f · All other contributions, gifts and grants
$104,234
-
2a · Program service revenue: Program Service
-
2b · Program service revenue: Tax Assessment
total $575,000 · related or exempt $575,000
-
3 · Investment income
total $322 · related or exempt $322
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $100,000 · program services $90,000 · management and general $10,000
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $324,267 · program services $291,840 · management and general $32,427
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $107,418 · program services $96,676 · management and general $10,742
-
10 · Payroll taxes
total $34,434 · program services $30,991 · management and general $3,443
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $12,597 · program services $11,337 · management and general $1,260
-
12 · Advertising and promotion
total $63,404 · program services $63,404
-
13 · Office expenses
total $12,876 · program services $11,588 · management and general $1,288
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $56,400 · program services $50,760 · management and general $5,640
-
17 · Travel
total $597 · management and general $597
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $6,056 · management and general $6,056
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,920 · management and general $1,920
-
24a · Other expenses: Street sweeping and sanitation
total $236,191 · program services $236,191
-
24b · Other expenses: Neighborhood safety program
total $100,303 · program services $100,303
-
24c · Other expenses: Gardening and Horticulture
total $63,566 · program services $63,566
-
24d · Other expenses: Holiday Lights
total $39,861 · program services $39,861
-
24e · All other expenses
total $86,403 · program services $59,792 · management and general $26,611
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $576,180 · end of year $299,832
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $338,338 · end of year $319,990
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,266 · end of year $1,970
-
10a · Land, buildings and equipment: cost or other basis
$111,989
-
10b · Land, buildings and equipment: accumulated depreciation
$111,989
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $4,300 · end of year $4,300
-
17 · Accounts payable and accrued expenses
beginning of year $42,965 · end of year $20,659
-
19 · Deferred revenue
beginning of year $287,500
-
27 · Net assets without donor restrictions
beginning of year $511,302 · end of year $527,116
-
28 · Net assets with donor restrictions
beginning of year $78,317 · end of year $78,317
Mission and programs · 2024
Mission
To promote the growth of local businesses located in the business improvement district and enhance the overall appearance of the business community.
-
Sanitation and Maintenance: Provide supplementary sanitation services, sidewalk sweeping, emptying of cornor garbage bins, graffiti removal, streetlamp and street furniture cleaning and painting, and snow removal at bus shelters and crosswalks.
Expenses $335,579
-
Direct Marketing: Promotes the commercialcorridor in order to increase business activity for all retailers within the district. The program includes advertising, branding of the shopping district, production of promotional materials, maintenance of a web site presence and electronic communication, media relations, and special events and programming.
Expenses $280,282
-
Community Initiatives: Supports strategic partnerships with local community groups and schools. Provides support for the Senior Advisory Council, Summer Youth Employment, and mentoring as well as Mayors Action Plan for Neighborhood Safety at Whitman and Ingersoll Houses.
Expenses $217,623
-
Streetscape Improvements: Promotes physical and aesthetic improvements to public spaces and the built enviroment, including the planting and maintenance of street trees and ornamentals, the design, installation and maintenance of street furniture elements, the creation and maintenance of new public spaces, and providing design assistance and financial incentives to retailers to improve their storefronts and signage.
Expenses $215,337
-
Urban planning program: Includes conducting economic development, public policy, land use, historic preservation, transportation.
Expenses $97,488
-
Security Program: Devotes staff time to frequent communication and coordination with the NYPD, to utilizing crime prevention measures via the facilitation of constant communication and intelligence sharing among retailers, to hosting educational workshops with the NYPD, and to generally monitoring local incidences of crime and other security concerns.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Amanda Zenteno
Executive Dir.
- Total calculated
- $100,000
- From this org
- $100,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Diane Huey
Member
- Total calculated
- $0
- Hours/week
- 1
-
Joy Crichlow
Member
- Total calculated
- $0
- Hours/week
- 1
-
Gurvan Duncan
Member
- Total calculated
- $0
- Hours/week
- 1
-
Omar Lahoumah
Member
- Total calculated
- $0
- Hours/week
- 1
-
Alex Mendez
Member
- Total calculated
- $0
- Hours/week
- 1
-
Sam Alison-Mayne
Member
- Total calculated
- $0
- Hours/week
- 1
-
Dalia Turner
Member
- Total calculated
- $0
- Hours/week
- 1
-
Larry Hoy
Member
- Total calculated
- $0
- Hours/week
- 1
-
Gerry Rooney
Member
- Total calculated
- $0
- Hours/week
- 1
-
Cen Edward
Member
- Total calculated
- $0
- Hours/week
- 1
-
Casie Addison
Member
- Total calculated
- $0
- Hours/week
- 1
-
Yvonne Johnson
Member
- Total calculated
- $0
- Hours/week
- 1
-
Matthew Morowitz
Member
- Total calculated
- $0
- Hours/week
- 1
-
Valarie Taveras
Member
- Total calculated
- $0
- Hours/week
- 1
-
Jamal Robinson
Member
- Total calculated
- $0
- Hours/week
- 1
-
Elissa Olin
Member
- Total calculated
- $0
- Hours/week
- 1
-
Taya Mueller
Member
- Total calculated
- $0
- Hours/week
- 1
-
Theodore Peck
Member
- Total calculated
- $0
- Hours/week
- 1
-
Emily Ahn Levy
Member
- Total calculated
- $0
- Hours/week
- 1
-
P Ann Daniels
Member
- Total calculated
- $0
- Hours/week
- 1
-
Frances Bronet
Co-Chair
- Total calculated
- $0
- Hours/week
- 1
-
Samantha Johnson
Member
- Total calculated
- $0
- Hours/week
- 1
-
Michael Weiss
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
John Dew
Co-Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Carol Thomas
Member
- Total calculated
- $0
- Hours/week
- 1
-
Chad Purkey
Former Executive Director
- Total calculated
- $0
- Hours/week
- 40
-
Amanda Zentano
Executive Director
- Total calculated
- $0
- Hours/week
- 0
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 18 February 2026
- IRS schema version
- 2024v5.2
- Source object
- 202610499349301621
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