Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
990 • Fiscal year 2024 • EIN 11-2786225
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
30th percentile
Higher net margin than 30% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 21.7% of source-year revenue.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Assets
Down$352,577
Down $47,132 (-12%) from 2023
Net Assets
Down$173,620
Down $27,484 (-14%) from 2023
Liabilities
Down$178,957
Down $19,648 (-9.9%) from 2023
Revenue
Down$382,933
Down $72,919 (-16%) from 2023
Expenses
Up$410,417
Up $14,045 (+3.5%) from 2023
Net Income
Down-$27,484
Down $86,964 (-146%) from 2023
to further economic development, historic preservation,and cultural enrichment on Atlantic Avenue, in Brooklyn, New York, from Fourth Avenue to theWaterfront and the surrounding community.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $169,925 | $156,233 | ▼ $13,692 |
| Savings and Temporary Cash Investments | $166,547 | $136,804 | ▼ $29,743 |
| Cash and Non-Interest-Bearing Accounts | $13,347 | $11,304 | ▼ $2,043 |
| Prepaid Expenses and Deferred Charges | $13,585 | $6,862 | ▼ $6,723 |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $399,709 | $352,577 | ▼ $47,132 |
| Other Assets Total | $36,305 | $41,374 | ▲ $5,069 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $109,145 | $101,918 | ▼ $7,227 |
| Unsecured Notes Loans Payable | $70,346 | $57,741 | ▼ $12,605 |
| Other Liabilities | $19,114 | $19,298 | ▲ $184 |
| Total Liabilities | $198,605 | $178,957 | ▼ $19,648 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $201,104 | $173,620 | ▼ $27,484 |
| Total Net Assets Fund Balance | $201,104 | $173,620 | ▼ $27,484 |
| Total Liabilities and Net Assets / Fund Balance | $399,709 | $352,577 | ▼ $47,132 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $64,829 | $383,815 | $448,644 |
| Land | $91,404 | - | $91,404 |
| Equipment | - | $15,965 | $15,965 |
| Other Land Buildings | - | $1,560 | $1,560 |
| Other Assets Org | $41,374 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Howard Kolins | Executive Director | PT | $82,931 | $82,931 |
| Name | Title |
|---|---|
| Sharon Taylor | President |
| Karen Zebulon | Vice President |
| Dan Wilby | Director |
| David Perez | Director |
| Emily Fisher | Director |
| Nicholas Pentagulio | Director |
| Nat Rubin | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $225,458 |
| Salaries, Compensation, and Employee Benefits | $184,959 |
| Total Fundraising Expense | $35,102 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $70,491 | $4,147 | $8,293 | $82,931 |
| Other Salaries and Wages | $70,169 | $4,127 | $8,255 | $82,551 |
| Payroll Taxes | $13,239 | $1,418 | $1,103 | $15,760 |
| Fees for Services Accounting | - | $14,986 | - | $14,986 |
| Advertising | $11,282 | - | - | $11,282 |
| All Other Expenses | $1,595 | $3,351 | $188 | $5,134 |
| Insurance | - | $5,093 | - | $5,093 |
| Other Employee Benefits | $3,123 | $334 | $260 | $3,717 |
| Interest | - | $3,210 | - | $3,210 |
| Other Expenses | $2,368 | $139 | $278 | $2,785 |
| Office Expenses | - | $128 | - | $128 |
| Total Functional Expenses | $338,232 | $37,083 | $35,102 | $410,417 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $410,417 |
| Total Expenses per Audited Statements | $410,417 |
| Total Expenses per Form 990 | $410,417 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Tenant Security Deposits | $19,298 |
“The organization's audit committee reviews the form 990 with the audited financial statements before the return is filed. During the review process, audit committee members will discuss any questions and changes regarding the return with the board president, vice presidents and treasurer. Furthermore, the audit committee has codified their governance policy, which includes the conflict of interest policy. There were no conflicts of interest during the 2024 tax year.”
“The organization monitors and enforces conflicts through discussions at their annual meeting with board and committee members.”
“The organization's board of directors reviewed outside marketing salary sources to gain understanding of median salary for an executive director.”
“Organization will make available on website and upon request.”
“The Organization accounts for income taxes in accordance with income tax accounting guidance in Financial Accounting Standards Board Accounting Standard Codification (ASC) 740, Income Taxes. The guidance for accounting standards for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on tax return should be recorded in the financial statements. Under this guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more than likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There are no unrecognized tax benefits identified or recorded as liabilities for year ended December 31, 2024.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | to further economic development, historic preservation,and cultural enrichment on Atlantic Avenue, in Brooklyn, New York, from Fourth Avenue to theWaterfront and the surrounding community. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 11282 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 11282 |
| IRS990/AllOtherContributionsAmt | 0 | 306872 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 188 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3351 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 1595 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 5134 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ATLANTIC AVE ASSOC LCL DEV CO |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7188758993 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 494 ATLANTIC AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BROOKLYN |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11217 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 13347 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 11304 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 8293 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 4147 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 70491 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 82931 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 311647 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 107 |
| IRS990/CYOtherExpensesAmt | 0 | 225458 |
| IRS990/CYOtherRevenueAmt | 0 | 71179 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -27484 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 184959 |
| IRS990/CYTotalExpensesAmt | 0 | 410417 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 35102 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 382933 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | Merchant Crime Alert Program: The Atlantic Avenue Local Development Corporation (AALDC) provides an E-Group Crime Alert Program through Google Groups for all Atlantic Avenue Merchants and Merchants in the surrounding communities we serve. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 5 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 295880 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 14986 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14986 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282FiledCnt | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 32.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Howard Kolins |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DAN WILBY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | NAT RUBIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SHARON TAYLOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | NICHOLAS PENTAGULIO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DAVID PEREZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Emily Fisher |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Karen Zebulon |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 82931 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Executive Dir. |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Vice President |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1986 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GovernmentGrantsAmt | 0 | 4775 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 488628 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 176874 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 5093 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5093 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 3210 |
| IRS990/InterestGrp/TotalAmt | 0 | 3210 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 107 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 107 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 18 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 401340 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 169925 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 156233 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 557573 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 105695 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | to further economic development, historic preservation,and cultural enrichment on Atlantic Avenue, in Brooklyn, New York, from Fourth Avenue to theWaterfront and the surrounding community. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 109145 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 101918 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 201104 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 173620 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 71179 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 71179 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 201104 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 173620 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 128 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 128 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 36305 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 41374 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 260 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 334 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 3123 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 3717 |
| IRS990/OtherExpensesGrp/Desc | 0 | SPECIAL EVENTS |
| IRS990/OtherExpensesGrp/Desc | 1 | AWARDS AND DONATIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | TELEPHONE |
| IRS990/OtherExpensesGrp/Desc | 3 | EQUIPMENT RENTAL/LEASE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 16423 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 302 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 278 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 150 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 139 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 147801 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 15599 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2565 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 2368 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 164224 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 15599 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3017 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2785 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 19114 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 19298 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 8255 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 4127 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 70169 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 82551 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 1103 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1418 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 13239 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 15760 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 13585 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 6862 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | ATLANTIC AVENUE PROMOTIONAL MARKETING:To raise the profile of the avenue and attract visitors, we produced another "ArtWalk" for two weeks in May, the Atlantic Antic Festival in October (one of the largest street fairs in NYC) and holiday events in November and December. Holiday events are held on different days: a tree lighting, an outdoor children's party, Saturday roving holiday music, visits from Santa and a major toy drive. These events bring more foot traffic to the avenue and generate goodwill. Temporary staff are usually young residents from the surrounding area. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 42352 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 375487 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 206 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 224317 |
| IRS990/PYOtherRevenueAmt | 0 | 80159 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 59480 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 172055 |
| IRS990/PYTotalExpensesAmt | 0 | 396372 |
| IRS990/PYTotalRevenueAmt | 0 | 455852 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -27484 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 71179 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 166547 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 136804 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 123612 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 163988 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 160106 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 220002 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 123277 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 790985 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 107 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 206 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 162 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 142 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 83 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 700 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 188135 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 211499 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 157090 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 128462 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 2643 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 687829 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 107 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 206 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 162 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 142 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 83 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 700 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00050 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00050 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99950 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99950 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1478814 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 311747 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 375487 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 317196 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 348464 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 125920 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1478814 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 311854 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 375693 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 317358 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 348606 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 126003 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1479514 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 64829 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 383815 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 448644 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 15965 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 15965 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 410417 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 91404 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 91404 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 41374 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | ESCROW |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 1560 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1560 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 19298 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 382933 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Organization accounts for income taxes in accordance with income tax accounting guidance in Financial Accounting Standards Board Accounting Standard Codification (ASC) 740, Income Taxes. The guidance for accounting standards for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on tax return should be recorded in the financial statements. Under this guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more than likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There are no unrecognized tax benefits identified or recorded as liabilities for year ended December 31, 2024. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X : FIN48 Footnote |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 156233 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 41374 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 410417 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 19298 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 382933 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 382933 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 410417 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION'S AUDIT COMMITTEE REVIEWS THE FORM 990 WITH THE AUDITED FINANCIAL STATEMENTS BEFORE THE RETURN IS FILED. DURING THE REVIEW PROCESS, AUDIT COMMITTEE MEMBERS WILL DISCUSS ANY QUESTIONS AND CHANGES REGARDING THE RETURN WITH THE BOARD PRESIDENT, VICE PRESIDENTS AND TREASURER. FURTHERMORE, THE AUDIT COMMITTEE HAS CODIFIED THEIR GOVERNANCE POLICY, WHICH INCLUDES THE CONFLICT OF INTEREST POLICY. THERE WERE NO CONFLICTS OF INTEREST DURING THE 2024 TAX YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION MONITORS AND ENFORCES CONFLICTS THROUGH DISCUSSIONS AT THEIR ANNUAL MEETING WITH BOARD AND COMMITTEE MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWED OUTSIDE MARKETING SALARY SOURCES TO GAIN UNDERSTANDING OF MEDIAN SALARY FOR AN EXECUTIVE DIRECTOR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ORGANIZATION WILL MAKE AVAILABLE ON WEBSITE AND UPON REQUEST. |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
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