Civic Intelligence

Gmdc Philadelphia

990 • Fiscal year 2014 • EIN 27-5244592

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 09, 2015

C/O Gmdc 1155 Manhattan AvenueBrooklyn, NY 11222

(718) 383-3935

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

3.35x

Higher debt load relative to assets than 96% of similar nonprofits.

2014 filings • NTEE E • <$500k nonprofits • Source year 2014

Liabilities / Revenue

97th percentile

5.44x

Higher debt load relative to revenue than 97% of similar nonprofits.

2014 filings • NTEE E • <$500k nonprofits • Source year 2014

Net Margin

9th percentile

-69%

Higher net margin than 9% of similar nonprofits.

2014 filings • NTEE E • <$500k nonprofits • Source year 2014

Top Officer Pay

97th percentile

$313,008

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 427.0% of source-year revenue.

2014 filings • NTEE E • <$500k nonprofits • Source year 2014

Asset Growth

34th percentile

-6.4%

Faster asset growth than 34% of similar nonprofits.

2014 filings • NTEE E • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

54th percentile

2.2%

Faster revenue growth than 54% of similar nonprofits.

2014 filings • NTEE E • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$119,201

Down $8,093 (-6.4%) from 2013

Net Assets

Down

-$279,891

Down $50,786 (-22%) from 2013

Liabilities

Up

$399,092

Up $42,693 (+12%) from 2013

Revenue

Up

$73,310

Up $1,548 (+2.2%) from 2013

Expenses

Down

$124,096

Down $9,418 (-7.1%) from 2013

Net Income

Up

-$50,786

Up $10,966 (+18%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$200K$0-$200K-$400KAssets 2013: $127,294Liabilities 2013: $356,399Net Assets 2013: -$229,1052013Assets 2014: $119,201Liabilities 2014: $399,092Net Assets 2014: -$279,8912014Assets 2015: $4,062Liabilities 2015: $391,592Net Assets 2015: -$387,5302015Assets 2016: $3,009Liabilities 2016: $391,592Net Assets 2016: -$388,5832016

Highlighted filing

2014

Assets$119,201
Liabilities$399,092
Net Assets-$279,891

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2013: $71,762Expenses 2013: $133,514Net Income 2013: -$61,7522013Revenue 2014: $73,310Expenses 2014: $124,096Net Income 2014: -$50,7862014Revenue 2015: $28,161Expenses 2015: $135,800Net Income 2015: -$107,6392015Revenue 2016: $136Expenses 2016: $1,189Net Income 2016: -$1,0532016

Highlighted filing

2014

Revenue$73,310
Expenses$124,096
Net Income-$50,786
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 9, 2015
Return Version
2014v5.0
Gross Receipts
$73,310
Mission and Program Overview

Mission

Gmdc philadelphia was formed to manage the jasper street property in philadelphia.

Leased and managed an industrial building while providing additional services to small businesses in a distressed area of philadelphia. Through the provision of hard to find affordable manufacturing sapce, gmdc's buildings continued to be a haven for small manufactureres in disadvantaged neighborhoods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$68,352$34,176▼ $34,176
Cash and Non-Interest-Bearing Accounts-$27,865-
Prepaid Expenses and Deferred Charges$18,067$16,234▼ $1,833
Accounts Receivable-$51-
Total Assets$127,294$119,201▼ $8,093
Other Assets Total$40,875$40,875→ $0
Liabilities
Other Liabilities$356,399$399,092▲ $42,693
Total Liabilities$356,399$399,092▲ $42,693
Net Assets / Fund Balance
Unrestricted Net Assets$-229,105$-279,891▼ $50,786
Total Net Assets Fund Balance$-229,105$-279,891▼ $50,786
Total Liabilities and Net Assets / Fund Balance$127,294$119,201▼ $8,093

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$34,176$119,616$153,792
Other Assets Org$3,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Michael CavagnaroCFOFT$59,775$59,775

Board Members and Trustees

NameTitle
Libby RyanChair
Lorinda KaroffVice Chair
Adam Tell MetzgerBoard Member
Jeffrey GugickBoard Member
Jesse SandersBoard Member
John HorowitzBoard Member
Joseph E BrowdyBoard Member
Kate AscherBoard Member
Mort GoldfeinBoard Member
Sebastian HardyBoard Member
Brian ColemanCEO
Harry SchwartzSecretary
Rosalind PaaswellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$70,802
Investment Income
$0
Other Revenue
$2,508
Change in Net Assets
$-50,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$124,096
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$52,909--$52,909
Depreciation Depletion$34,176--$34,176
Insurance$20,615--$20,615
Fees for Services Accounting-$3,138-$3,138
Fees for Services Legal-$2,787-$2,787
Office Expenses$1,661--$1,661
Other Expenses$640--$640
Fees for Services Other-$97-$97
Total Functional Expenses$118,074$6,022$0$124,096
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Inter-company Payable$391,592
Tenant Security Deposits$7,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The 990 will be emailed to the members for comment prior to filing.

Form 990, Part VI, Section B, Line 12C

Prior to any vote that may give rise to a conflict, the board is reminded of the policy and members are required to disclose any conflict, including any that may have the appearance of a conflict.

Form 990, Part VI, Section B, Line 15

The ceo's salary is paid through a related organization, greenpoint manufacturing and design center local development corporation (gmdc). The executive committee, in consultation with the full-board, conducts an annual review of the ceo's performance, compensation level, and contribution to the organization. The board reviews comparative salaries for both the private and non-profit sectors and sets the compensation package. Most recently undertaken in 2014. This process only applies to the ceo's compensation and is the same for both gmdc and gmdc philadelphia.

Form 990, Part VI, Section C, Line 19

Financial statements are available on our website; the conflict of interest policy and governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Gmdc Philadelphia
EIN
27-5244592
Phone
7183833935
Address
C/O GMDC 1155 MANHATTAN AVENUE, BROOKLYN, NY 11222

Signing Officer

Name
Brian Coleman
Title
CEO
Phone
7183833935
Signed
2015-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Coleman
Formed
2011
Legal Domicile
Pa
Voting Board Members
13
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Lutz and Carr Cpas Llp
Address
300 EAST 42ND STREET, NEW YORK, NY 10017
Preparer
Michael Wallace
Phone
2126972299
Supplemental Narrative

Additional Explanations

Schedule R, Part 2, Section B

Gmdc owns and manages a portfolio of industrial buildings while providing additional services to small manufacturing businesses in the greenpoint/williamsburg sections of brooklyn. Through the provision of hard to find affordable manufacturing space, gmdc's buildings continued to be a haven for small manufacturers in disadvantaged neighborhoods.

Financial Statement Notes

PART X, LINE 2:

The organization has determined whether any tax positions have met the recognition threshold and have measured the organization's exposure to those tax positions. Management believes that the organization has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities.

Raw XML AppendixShowing 400 of 459 raw XML fields

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/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/EOYAmt051
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LEASED AND MANAGED AN INDUSTRIAL BUILDING WHILE PROVIDING ADDITIONAL SERVICES TO SMALL BUSINESSES IN A DISTRESSED AREA OF PHILADELPHIA. THROUGH THE PROVISION OF HARD TO FIND AFFORDABLE MANUFACTURING SAPCE, GMDC'S BUILDINGS CONTINUED TO BE A HAVEN FOR SMALL MANUFACTURERES IN DISADVANTAGED NEIGHBORHOODS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL CAVAGNARO
IRS990/BooksInCareOfDetail/PhoneNum07183833935
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01155 MANHATTAN AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011222
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt027865
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0124096
IRS990/CYOtherRevenueAmt02508
IRS990/CYProgramServiceRevenueAmt070802
IRS990/CYRevenuesLessExpensesAmt0-50786
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0124096
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt073310
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt034176
IRS990/DepreciationDepletionGrp/TotalAmt034176
IRS990/Desc0LEASED AND MANAGED AN INDUSTRIAL BUILDING WHILE PROVIDING ADDITIONAL SERVICES TO SMALL BUSINESSES IN THE DISTRESSED COMMUNITIES. THROUGH THE PROVISION OF HARD TO FIND AFFORDABLE MANUFACTURING SPACE, GMDC PHILADELPHIA'S BUILDING ARE A HAVEN FOR SMALL BUSINESS- AND THE JOBS THEY CREATE- IN DISADVANTAGED NEIGHBORHOODS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0118074
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03138
IRS990/FeesForServicesAccountingGrp/TotalAmt03138
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02787
IRS990/FeesForServicesLegalGrp/TotalAmt02787
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt097
IRS990/FeesForServicesOtherGrp/TotalAmt097
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt022580
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt17448
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0BRIAN COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL CAVAGNARO
IRS990/Form990PartVIISectionAGrp/PersonNm2LIBBY RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm3LORINDA KAROFF
IRS990/Form990PartVIISectionAGrp/PersonNm4HARRY SCHWARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm5ROSALIND PAASWELL
IRS990/Form990PartVIISectionAGrp/PersonNm6MORT GOLDFEIN
IRS990/Form990PartVIISectionAGrp/PersonNm7JESSE SANDERS
IRS990/Form990PartVIISectionAGrp/PersonNm8KATE ASCHER
IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN HOROWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm10ADAM TELL METZGER
IRS990/Form990PartVIISectionAGrp/PersonNm11JOSEPH E BROWDY
IRS990/Form990PartVIISectionAGrp/PersonNm12SEBASTIAN HARDY
IRS990/Form990PartVIISectionAGrp/PersonNm13JEFFREY GUGICK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0290428
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt152327
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt073310
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt020615
IRS990/InsuranceGrp/TotalAmt020615
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0119616
IRS990/LandBldgEquipBasisNetGrp/BOYAmt068352
IRS990/LandBldgEquipBasisNetGrp/EOYAmt034176
IRS990/LandBldgEquipCostOrOtherBssAmt0153792
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0GMDC PHILADELPHIA WAS FORMED TO MANAGE THE JASPER STREET PROPERTY IN PHILADELPHIA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-229105
IRS990/NetAssetsOrFundBalancesEOYAmt0-279891
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt052909
IRS990/OccupancyGrp/TotalAmt052909
IRS990/OfficeExpensesGrp/ProgramServicesAmt01661
IRS990/OfficeExpensesGrp/TotalAmt01661
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt040875
IRS990/OtherAssetsTotalGrp/EOYAmt040875
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SECURITY
IRS990/OtherExpensesGrp/ProgramServicesAmt07388
IRS990/OtherExpensesGrp/ProgramServicesAmt1685
IRS990/OtherExpensesGrp/ProgramServicesAmt2640
IRS990/OtherExpensesGrp/TotalAmt07388
IRS990/OtherExpensesGrp/TotalAmt1685
IRS990/OtherExpensesGrp/TotalAmt2640
IRS990/OtherLiabilitiesGrp/BOYAmt0356399
IRS990/OtherLiabilitiesGrp/EOYAmt0399092
IRS990/OtherRevenueMiscGrp/BusinessCd0531310
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt02508
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02508
IRS990/OtherRevenueTotalAmt02508
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018067
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016234
IRS990/PrincipalOfficerNm0BRIAN COLEMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531310
IRS990/ProgramServiceRevenueGrp/BusinessCd1531310
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1ELECTRIC INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt063672
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17130
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt063672
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17130
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0133514
IRS990/PYOtherRevenueAmt02132
IRS990/PYProgramServiceRevenueAmt069630
IRS990/PYRevenuesLessExpensesAmt0-61752
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0133514
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt071762
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-50786
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt070802
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0246738
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02508
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02132
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01964
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0965
IRS990ScheduleA/OtherIncome170Grp/TotalAmt07569
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/TotalSupportAmt07569
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt034176
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0119616
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0153792
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt037875
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0391592
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTER-COMPANY PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034176
IRS990ScheduleD/TotalBookValueOtherAssetsAmt040875
IRS990ScheduleD/TotalLiabilityAmt0399092
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt05484
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0284944
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt022580
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BRIAN COLEMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0313008
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE CEO'S SALARY IS PAID THROUGH A RELATED ORGANIZATION, GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORPORATION (GMDC). THE EXECUTIVE COMMITTEE, IN CONSULTATION WITH THE FULL-BOARD, CONDUCTS AN ANNUAL REVIEW OF THE CEO'S PERFORMANCE, COMPENSATION LEVEL, AND CONTRIBUTION TO THE ORGANIZATION. THE BOARD REVIEWS COMPARATIVE SALARIES FOR BOTH THE PRIVATE AND NON-PROFIT SECTORS AND SETS THE COMPENSATION PACKAGE. MOST RECENTLY UNDERTAKEN IN 2014. THIS PROCESS ONLY APPLIES TO THE CEO'S COMPENSATION AND IS THE SAME FOR BOTH GMDC AND GMDC PHILADELPHIA.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PAGE 1, QUESTION 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WILL BE EMAILED TO THE MEMBERS FOR COMMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO ANY VOTE THAT MAY GIVE RISE TO A CONFLICT, THE BOARD IS REMINDED OF THE POLICY AND MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICT, INCLUDING ANY THAT MAY HAVE THE APPEARANCE OF A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CEO'S SALARY IS PAID THROUGH A RELATED ORGANIZATION, GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORPORATION (GMDC). THE EXECUTIVE COMMITTEE, IN CONSULTATION WITH THE FULL-BOARD, CONDUCTS AN ANNUAL REVIEW OF THE CEO'S PERFORMANCE, COMPENSATION LEVEL, AND CONTRIBUTION TO THE ORGANIZATION. THE BOARD REVIEWS COMPARATIVE SALARIES FOR BOTH THE PRIVATE AND NON-PROFIT SECTORS AND SETS THE COMPENSATION PACKAGE. MOST RECENTLY UNDERTAKEN IN 2014. THIS PROCESS ONLY APPLIES TO THE CEO'S COMPENSATION AND IS THE SAME FOR BOTH GMDC AND GMDC PHILADELPHIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL STATEMENTS ARE AVAILABLE ON OUR WEBSITE; THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GMDC OWNS AND MANAGES A PORTFOLIO OF INDUSTRIAL BUILDINGS WHILE PROVIDING ADDITIONAL SERVICES TO SMALL MANUFACTURING BUSINESSES IN THE GREENPOINT/WILLIAMSBURG SECTIONS OF BROOKLYN. THROUGH THE PROVISION OF HARD TO FIND AFFORDABLE MANUFACTURING SPACE, GMDC'S BUILDINGS CONTINUED TO BE A HAVEN FOR SMALL MANUFACTURERS IN DISADVANTAGED NEIGHBORHOODS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4SCHEDULE R, PART 2, SECTION B
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GREENPOINT MANUFACTURING AND DESIGN CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0113132562
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SEE SCHEDULE O
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1) (A)(VI)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01155 MANHATTAN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011222
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0127294
IRS990/TotalAssetsEOYAmt0119201
IRS990/TotalAssetsGrp/BOYAmt0127294
IRS990/TotalAssetsGrp/EOYAmt0119201
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06022
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0118074
IRS990/TotalFunctionalExpensesGrp/TotalAmt0124096
IRS990/TotalGrossUBIAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings