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Upper Manhattan Empowerment Zone Development Corporation

Public charityFed auditsIRS 990
DBA: DEVELOPMENT CORPORATION
Community Development · NEW YORK, NY · EIN 13-3808669
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About

To sustain the economic revitalization of ALL communities in upper manhattan through job creation, corporate alliances, strategic investments, and small business assistance.

DBA Development Corporation

Donations are tax-deductible
Category
Community Development
Employees
17
Volunteers
15

Financial Snapshot

FY ending 2024-06-30
Revenue
$5.0M
Expenses
$4.8M
Assets
$82.9M
Liabilities
$7.2M

Financial history

$12.7M$6.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $5.0M · Peak FY2019: $12.7M · Avg: $7.1M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$894K
UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION
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Address

55 W 125th ST FL 11
New YORK, NY, 10027-451

Governance

Voting board members15
Independent members15
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
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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