Totals
- Total revenue
- $2,100,694
- Total expenses
- $1,993,629
- Contributions and grants received
- $1,053,135
- Grants paid
- $0
- Program service revenue
- $1,047,523
- Investment income
- $36
- Other revenue
- $0
- Total assets, end of year
- $7,633,322
- Total liabilities, end of year
- $824,191
- Net assets or fund balances, end of year
- $6,809,131
- Program services expenses (Part IX)
- $1,423,741
- Management and general expenses
- $569,888
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,423,741
Program services were 71.4% 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)
$251,965
-
1f · All other contributions, gifts and grants
$801,170
-
2a · Program service revenue: PROGRAM SERVICE INCOME
total $1,047,523 · related or exempt $1,047,523
-
3 · Investment income
total $36 · excluded $36
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $658,658 · program services $478,633 · management and general $180,025
-
7 · Other salaries and wages
total $477,506 · program services $351,262 · management and general $126,244
-
8 · Pension plan contributions
total $28,261 · program services $17,322 · management and general $10,939
-
9 · Other employee benefits
total $55,671 · program services $34,121 · management and general $21,550
-
10 · Payroll taxes
total $77,436 · program services $47,462 · management and general $29,974
-
11c · Fees: accounting
total $25,000 · management and general $25,000
-
11d · Fees: lobbying
total $20,280 · program services $20,280
-
11g · Fees: other
total $276,653 · program services $272,962 · management and general $3,691
-
13 · Office expenses
total $89,142 · program services $40,407 · management and general $48,735
-
14 · Information technology
total $12,933 · program services $12,933
-
16 · Occupancy
total $47,745 · management and general $47,745
-
17 · Travel
total $23,505 · program services $4,241 · management and general $19,264
-
22 · Depreciation, depletion and amortization
total $1,803 · management and general $1,803
-
23 · Insurance
total $190,055 · program services $138,740 · management and general $51,315
-
24a · Other expenses: PROGRAM SERVICE EXP.
total $5,103 · program services $5,103
-
24b · Other expenses: EQUIPMENT & IMPROVEMENT
total $3,878 · program services $275 · management and general $3,603
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,448,236 · end of year $1,948,832
-
2 · Savings and temporary cash investments
beginning of year $81,391 · end of year $81,407
-
3 · Pledges and grants receivable
beginning of year $243,125 · end of year $379,369
-
4 · Accounts receivable
beginning of year $38,903 · end of year $4,167
-
9 · Prepaid expenses and deferred charges
beginning of year $4,515 · end of year $15,230
-
10a · Land, buildings and equipment: cost or other basis
$41,820
-
10b · Land, buildings and equipment: accumulated depreciation
$38,595
-
10c · Land, buildings and equipment, net
beginning of year $5,028 · end of year $3,225
-
15 · Other assets
beginning of year $5,191,702 · end of year $5,201,092
-
17 · Accounts payable and accrued expenses
beginning of year $310,834 · end of year $280,107
-
19 · Deferred revenue
end of year $7,500
-
25 · Other liabilities
beginning of year $0 · end of year $536,584
-
27 · Net assets without donor restrictions
beginning of year $6,702,066 · end of year $6,809,131
Mission and programs · 2022
Mission
ENHANCE DOWNTOWN BROOKLYN'S POSITION AS A VIABLE MIXED-USED COMMERCIAL, CULTURAL, ACADEMICAL AND RESIDENTIAL CENTER THROUGH THE IMPLEMENTATION OF A SERIES OF REDEVELOPMENT PROJECTS AND THE ADMINISTRATION OF PROGRAMS AND SERVICES THAT PROMOTE ECONOMIC GROWTH AND IMPROVE LOCAL BUSINESS CONDITIONS AND QUALITY OF LIFE.
Activities or mission (Part I)
AN ECONOMIC DEVELOPMENT ORGANIZATION FOR DOWNTOWN BROOKLYN.
-
DEVELOPMENT - A SERIES OF REDEVELOPMENT PROJECTS AND THE ADMINISTRATION OF PROGRAMS AND SERVICES THAT PROMOTE ECONOMIC GROWTH AND IMPROVE LOCAL BUSINESS CONDITIONS AND QUALITY OF LIFE.
Expenses $1,423,741 · Revenue $1,047,523
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jelena KovacevicJELENA KOVACEVIC
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ofer CohenOFER COHEN
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ali EsmaeilzadehALI ESMAEILZADEH
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeffrey KayJEFFREY KAY
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Adam AlshawishADAM ALSHAWISH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Alan FishmanALAN FISHMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Albert LabozALBERT LABOZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ali ScottALI SCOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Angela PinskyANGELA PINSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Anthony BorelliANTHONY BORELLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ari GoldsteinARI GOLDSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Aron GooblarARON GOOBLAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ben GreyBEN GREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian EzraBRIAN EZRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian KellyBRIAN KELLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Callie HainesCALLIE HAINES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Carley Graham GarciaCARLEY GRAHAM GARCIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Christopher McKennaCHRISTOPHER MCKENNA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Cooper KramerCOOPER KRAMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
David LombinoDAVID LOMBINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
David MeyerDAVID MEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Douglas SteinerDOUGLAS STEINER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ehud KuppermanEHUD KUPPERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Evan WalkeEVAN WALKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Gary TerrinoniGARY TERRINONI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Gina DuncanGINA DUNCAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Gregg WolpertGREGG WOLPERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Harry KotowitzHARRY KOTOWITZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Isaac CheraISAAC CHERA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
James BrennanJAMES BRENNAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jamie AnthonyJAMIE ANTHONY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jared Della ValleJARED DELLA VALLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jason MussJASON MUSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jed WalentasJED WALENTAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff MandelJEFF MANDEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff NelsonJEFF NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeremy FrenkelJEREMY FRENKEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jessica SchumerJESSICA SCHUMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jim SomozaJIM SOMOZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Johari JenkinsJOHARI JENKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
John McPartlanJOHN MCPARTLAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jon McMillanJON MCMILLAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Joseph CironeJOSEPH CIRONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Karen YoungKAREN YOUNG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kevin LalezarianKEVIN LALEZARIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kim ClineKIM CLINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Lenny SingletaryLENNY SINGLETARY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Lindsay GreeneLINDSAY GREENE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Louis JeromeLOUIS JEROME
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Maryanne GilmartinMARYANNE GILMARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Melva MillerMELVA MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Micah ParkerMICAH PARKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael BloombergMICHAEL BLOOMBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael ReganMICHAEL REGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael RudinMICHAEL RUDIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michelle AdamsMICHELLE ADAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Morris JeromeMORRIS JEROME
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Munish ViralamMUNISH VIRALAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Nancy UmanoffNANCY UMANOFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Nicholas MartinNICHOLAS MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Paimaan LodhiPAIMAAN LODHI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Patricia DunphyPATRICIA DUNPHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Paul TravisPAUL TRAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Paula IngramPAULA INGRAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Phil LavoiePHIL LAVOIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Randy PeersRANDY PEERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rebecca D'EloiaREBECCA D'ELOIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Roland MerchantROLAND MERCHANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Russell HotzlerRUSSELL HOTZLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Sayar LonialSAYAR LONIAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Stephen PalmeseSTEPHEN PALMESE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tim CecereTIM CECERE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Timothy QuinlanTIMOTHY QUINLAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Wes JacksonWES JACKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Whitten MorrisWHITTEN MORRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Regina MyerREGINA MYER
PRESIDENT
- Total calculated
- $487,730
- From this org
- $445,849
- From related orgs
- $0
- Other
- $41,881
- Hours/week
- 45 + 10 related
Schedule J breakdown matched by us
- Base
- $393,077
- Bonus
- $50,000
- Other
- $2,772
- Deferred
- $12,539
- Nontaxable benefits
- $29,342
- Filer's total
- $487,730
-
Scott HobbsSCOTT HOBBS
MANAGING DIRECTOR OF FINANCE (FORMER)
- Total calculated
- $93,000
- From this org
- $91,644
- From related orgs
- $0
- Other
- $1,356
- Hours/week
- 45 + 10 related
-
Jennifer TausigJENNIFER TAUSIG
MANAGING DIRECTOR OF FINANCE
- Total calculated
- $71,516
- From this org
- $65,265
- From related orgs
- $0
- Other
- $6,251
- Hours/week
- 45 + 10 related
-
Belinda Susan CapeBELINDA SUSAN CAPE
MANAGING DIRECTOR OF PROGR
- Total calculated
- $201,177
- From this org
- $174,027
- From related orgs
- $0
- Other
- $27,150
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $160,446
- Bonus
- $13,000
- Other
- $581
- Deferred
- $5,093
- Nontaxable benefits
- $22,057
- Filer's total
- $201,177
-
Peter CoynePETER COYNE
DIRECTOR OF PUBLIC SAFETY
- Total calculated
- $176,306
- From this org
- $166,565
- From related orgs
- $0
- Other
- $9,741
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $153,718
- Bonus
- $12,000
- Other
- $847
- Deferred
- $5,060
- Nontaxable benefits
- $4,681
- Filer's total
- $176,306
-
Paolo SellanPAOLO SELLAN
CONTROLLER
- Total calculated
- $159,168
- From this org
- $114,660
- From related orgs
- $0
- Other
- $44,508
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $109,312
- Bonus
- $5,000
- Other
- $348
- Deferred
- $1,225
- Nontaxable benefits
- $43,283
- Filer's total
- $159,168
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
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- DURING THE REPORTED PERIOD, PERFORMANCE BONUSES WERE PROVIDED TO CERTAIN EMPLOYEES, AS INCLUDED IN PART II, COLUMN (B)(II) OF SCHEDULE J.
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.
-
METROTECH AREA DISTRICT MANAGEMENT ASSOCIATION
501(C)(3) · PROMOTING THE VITALITY AND ECONOMIC GROWTH OF THE BUSINESS IMPROVEMENT DIST · NY
Directly controlled by DOWNTOWN BROOKLYN PARTNERSHIP INC
-
FULTON MALL IMPROVEMENT ASSOCIATION
501(C)(3) · PROMOTING THE VITALITY AND ECONOMIC GROWTH OF THE BUSINESS IMPROVEMENT DIST · NY
Directly controlled by DOWNTOWN BROOKLYN PARTNERSHIP INC
-
COURT-LIVINGSTON-SCHERMERHORN DISTRICT MANAGEMENT ASSOCIATION
501(C)(3) · PROMOTING THE VITALITY AND ECONOMIC GROWTH OF THE BUSINESS IMPROVEMENT DIST · NY
Directly controlled by DOWNTOWN BROOKLYN PARTNERSHIP INC
-
DOWNTOWN BROOKLYN PARTNERSHIP HOLDINGS INC
501(C)(2) · PROMOTING THE VITALITY AND ECONOMIC GROWTH OF THE BUSINESS IMPROVEMENT DIST · NY
Directly controlled by DOWNTOWN BROOKLYN PARTNERSHIP INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421369349319777
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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