Metrotech Area District Management Association Inc.

“Forest city ratner, jp morgan chase, and muss development have multiple boardmembers serving on this organizations board. Large commercial development properties located in the business improvement district have rights under the district plan and bylaws to have board representation for each development site. Some development sites are controlled by directly or indirectly by companies listed above.”

“Some of the management and administrative functions are provided by the downtown brooklyn partnership, a tax exempt organization disclosed on schedule r.”

“Property owners, commercial tenants, and residents are eligible for free membership by filling out a registration card or form.”

“Registered members elect the board of directors at the organization's annual meeting.”

“The 990 has been reviewed by a group of persons authorized to review financial and audit matters prior to filing. The final 990 (filed with the irs) will be available at the next meeting of the board for inspection. In addition, upon request of any boardmember, a copy will be provided. If there are any material changes, an amended 990 will be filed.”

“The organization enforces the conflict of interest policy by monitoring known relationships, questionnaires, and noting any changes in disclosed information.”

“This review includes researching guidestar, 990s, ny non-profit network annual salary survey, phone calls to other organizations to collect data.”

“Financial statements are available on the organization's website, other documents are made available to the public upon request.”

“Outside contractors - sanitation: program service expenses 393,113. Management and general expenses 0. Fundraising expenses 0. Total expenses 393,113. Outside contractors - merchant & public improvement: program service expenses 275,698. Management and general expenses 0. Fundraising expenses 0. Total expenses 275,698. Outside contractors - newsletter & promotional: program service expenses 87,964. Management and general expenses 0. Fundraising expenses 0. Total expenses 87,964. Outside contractors - security: program service expenses 3,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,500. Outside contractors - other: program service expenses 0. Management and general expenses 9,637. Fundraising expenses 0. Total expenses 9,637. Other professional fees: program service expenses 17,794. Management and general expenses 28. Fundraising expenses 0. Total expenses 17,822.”