Form 990, Part VI, Section B, Line 11
“A complete copy of the form 990 with related state filing documents are provided to the governing board of directors for review and approval before tax filings are submitted to respective government agencies.”
990 • Fiscal year 2016 • EIN 20-0214837
Scores are not available for this record yet.
Assets
Flat$289,472
Flat from 2016
Net Assets
Flat$220,881
Flat from 2016
Liabilities
Flat$68,591
Flat from 2016
Revenue
Flat$914,171
Flat from 2016
Expenses
Flat$930,223
Flat from 2016
Net Income
Flat-$16,052
Flat from 2016
The association is dedicated to enhancing and promoting the community known as dumbo ( down under the manhattan bridge overpass)in the borough of brooklyn, new york. The association showcases dumbo as a world class destination and a center for business.
The association is dedicated to enhancing and promoting the community known as dumbo (down under the manhattan bridge overpass) in the borough of brooklyn, new york. The association showcases dumbo as a world class destination and center for business.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $215,428 | $122,957 | ▼ $92,471 |
| Prepaid Expenses and Deferred Charges | $20,171 | $52,528 | ▲ $32,357 |
| Land, Buildings, and Equipment, Net | $16,558 | $44,092 | ▲ $27,534 |
| Pledges and Grants Receivable | $9,979 | $39,895 | ▲ $29,916 |
| Total Assets | $292,136 | $289,472 | ▼ $2,664 |
| Other Assets Total | $30,000 | $30,000 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $55,022 | $68,591 | ▲ $13,569 |
| Other Liabilities | $180 | $0 | ▼ $180 |
| Total Liabilities | $55,202 | $68,591 | ▲ $13,389 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $208,610 | $213,381 | ▲ $4,771 |
| Temporarily Rstr Net Assets | $28,324 | $7,500 | ▼ $20,824 |
| Total Net Assets Fund Balance | $236,934 | $220,881 | ▼ $16,053 |
| Total Liabilities and Net Assets / Fund Balance | $292,136 | $289,472 | ▼ $2,664 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $25,799 | $38,139 | $63,938 |
| Equipment | $18,293 | $13,285 | $31,578 |
| Leasehold Improvements | $0 | $1,600 | $1,600 |
| Other Assets Org | $30,000 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Alexandria Sica | Executive Director | FT | $170,000 | $30,796 | $200,796 |
| Name | Title |
|---|---|
| Tom Montvel-cohen | President |
| Peter Forman | Vice President |
| Alison Oblonsky | Director |
| Bennet Baruch | Director |
| Chad Dickerson | Director |
| Charles Cara | Director |
| David Benedetto | Director |
| Eric Moore | Director |
| Jed Walentas | Director |
| Joshua Guttman | Director |
| Justin Hohn | Director |
| Karen Johnson | Director |
| Micah Kotch | Director |
| Salvatore Leonardi | Director |
| Sayar Lonial | Director |
| Stephen Lee | Director |
| Steve Levin | Director |
| Susan Feldman | Director |
| Tanya Rynd | Director |
| Dan Conlon | Secretary |
| Bruce Silverglade | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $530,514 |
| Salaries, Compensation, and Employee Benefits | $394,486 |
| Total Fundraising Expense | $42,577 |
| Grants and Similar Amounts Paid | $5,223 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $142,917 | $12,627 | $14,456 | $170,000 |
| Other Salaries and Wages | $126,959 | $11,218 | $12,841 | $151,018 |
| Other Employee Benefits | $41,963 | $3,641 | $4,167 | $49,771 |
| Occupancy | $20,037 | $1,722 | $1,971 | $23,730 |
| Payroll Taxes | $19,980 | $1,733 | $1,984 | $23,697 |
| Depreciation Depletion | $19,047 | $1,652 | $1,892 | $22,591 |
| Fees for Services Accounting | - | $17,850 | - | $17,850 |
| Fees for Services Other | $14,178 | $1,230 | $1,408 | $16,816 |
| Conferences and Meetings | $12,525 | $1,087 | $1,244 | $14,856 |
| Other Expenses | $10,174 | $899 | $1,029 | $12,102 |
| Information Technology | $7,251 | $629 | $720 | $8,600 |
| Insurance | $5,182 | $450 | $515 | $6,147 |
| Grants to Domestic Orgs | $5,223 | - | - | $5,223 |
| Total Functional Expenses | $832,709 | $54,937 | $42,577 | $930,223 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $930,223 |
| Total Expenses per Audited Statements | $930,223 |
| Total Expenses per Form 990 | $930,223 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“A complete copy of the form 990 with related state filing documents are provided to the governing board of directors for review and approval before tax filings are submitted to respective government agencies.”
“Inquiries are made at board meetings and upon turnover of board members and key management.”
“In order to determine appropriate compensation levels for employees, the board of directors reviews comparable data from similarly structure organizations. Salary levels are approved upon the completed analysis of such infomation.”
“The organization's tax filing documents are available on http://dumbo.is/home.”
“The association's audited financial statements, document retention and conflict of interest policies and whistleblower protocol are made available upon written request.”
“The audit committee is responsible for the selection of an independent auditor and oversight of the audit. This process has not changed from prior years.”
“On july 1, 2010, the association adopted the provisions of accounting standards codification (asc) 740, "accounting for uncertainty in income taxes" ("asc 740"). Asc 740 requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The implementation of asc 740 did not have an impact on the association's statements of financial position or statements of activities. Management does not believe its financial statements include any uncertain tax positions. Forms 990, return of organization exempt for income tax, for the years ended june 30, 2014, 2013, and 2012 are subject to examination by the irs, generally for three years after they were filed.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | THE ASSOCIATION IS DEDICATED TO ENHANCING AND PROMOTING THE COMMUNITY KNOWN AS DUMBO (DOWN UNDER THE MANHATTAN BRIDGE OVERPASS) IN THE BOROUGH OF BROOKLYN, NEW YORK. THE ASSOCIATION SHOWCASES DUMBO AS A WORLD CLASS DESTINATION AND CENTER FOR BUSINESS. |
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| IRS990/Desc | 0 | ADVOCATED FOR INFRASTRUCTURE IMPROVEMENTS, DEVELOPED ADVANCED PROGRAMMING OF THE ARCHWAY, ENCOURAGED THE GROWTH OF A MIXED-USE COMMUNITY INCLUDING A THRIVING TECHNOLOGY AND CREATIVE SECTOR, AS WELL AS PROVIDED AMENITIES INCLUDING WIFI & SUPPLEMENTAL SANITATION. WHILE EXPANDING REVENUE BASE THROUGH GRANTS, CORPORATE AND INDIVIDUAL SUPPORT, SPONSORSHIP AND BY HOSTING SPECIAL EVENTS WITH WHICH TO BUILD ON OUR PROGRAMS, RESEARCH AND ADVOCACY. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2003 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 22 |
| IRS990/GrantAmt | 0 | 5223 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 5223 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 5223 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 914171 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 22 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 720 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 629 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 7251 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 8600 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 515 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 450 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 5182 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 6147 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 7 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 53024 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 16558 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 44092 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 97116 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE ASSOCIATION IS DEDICATED TO ENHANCING AND PROMOTING THE COMMUNITY KNOWN AS DUMBO (DOWN UNDER THE MANHATTAN BRIDGE OVERPASS) IN THE BOROUGH OF BROOKLYN, NEW YORK. THE ASSOCIATION SHOWCASES DUMBO AS A WORLD CLASS DESTINATION AND A CENTER FOR BUSINESS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 236934 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 220881 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 1971 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1722 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 20037 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 23730 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 30000 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 30000 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 4167 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 3641 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 41963 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 49771 |
| IRS990/OtherExpensesGrp/Desc | 0 | OTHER PROGRAM EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | SANITATION |
| IRS990/OtherExpensesGrp/Desc | 2 | COMMUNITY EVENTS |
| IRS990/OtherExpensesGrp/Desc | 3 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 350 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 1029 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 199 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 899 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 146369 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 130830 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 130074 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 10174 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 146918 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 130830 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 130074 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 12102 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 180 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 561499 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2751 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 2751 |
| IRS990/OtherRevenueTotalAmt | 0 | 2751 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 12841 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 11218 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 126959 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 151018 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 1984 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1733 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 19980 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 23697 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 9979 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 39895 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 20171 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 52528 |
| IRS990/PrincipalOfficerNm | 0 | ALEXANDRIA SICA |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 812900 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 812900 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 812900 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 812900 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 812900 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CONTRACT REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | ARCHWAY |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | SUBCONCESSIONS |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | FILMING |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | BROOKLYN BRIDGE PEDEST |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 650000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 68018 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 54865 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 13000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 1500 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 650000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 68018 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 54865 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 13000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 1500 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 124168 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 8397 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 416505 |
| IRS990/PYOtherRevenueAmt | 0 | 1026 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 714339 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 25233 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 389398 |
| IRS990/PYTotalExpensesAmt | 0 | 814300 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 839533 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -16052 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 790134 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 124037 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 124168 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 189269 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 238153 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 76835 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 752462 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 0 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.