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Brooklyn NAVY Yard Development Corporation

Public charityFed auditsIRS 990
Community Development · BROOKLYN, NY · EIN 11-2137138

About

To manage the brooklyn NAVY yard for the city of new YORK, specifically to expand job opportunities for new yorkers by fostering the development of small businesses.

Donations are tax-deductible
Category
Community Development
Employees
436
Volunteers
28

Financial Snapshot

FY ending 2024-06-30
Revenue
$129.6M
Expenses
$100.7M
Assets
$1.1B
Liabilities
$676.5M

Financial history

$129.6M$64.8M$0
1718192021222324
RevenueExpenses
Latest FY2024: $129.6M · Avg: $95.3M
BROOKLYN NAVY YARD DEVELOPMENT CORPORATION
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Address

141 Flushing Avenue Suite 801
Brooklyn, NY, 11205-133

Governance

Voting board members28
Independent members28
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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