Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 31-1706307 • 501(c)3 • Brooklyn, NY
Profile
The Myrtle Avenue Commercial Revitalization and Development Project LDC is a not-for-profit organization incorporated under New York State Law in 1999. The Corporation was formed for the charitable and public purpose of restoring the "Main Street" of the Fort Greene/Clinton Hill community in Brooklyn, New York to a bustling, economically vital neighborhood commercial corridor that will provide entrepreneurial, cultural, recreational and employment opportunities for all those who live, work, study or otherwise have an interest in the area.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Assets
Down$0
Down $416,878 (-100%) from 2021
Liabilities
Down$0
Down $28,331 (-100%) from 2021
Net Assets
Down$0
Down $388,547 (-100%) from 2021
Revenue
Up$1,671
Up $1,041 (+165%) from 2021
Expenses
Up$115,609
Up $6,935 (+6.4%) from 2021
Net Income
Down-$113,938
Down $5,894 (-5.5%) from 2021
Most recent year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.
The Myrtle Avenue Commercial Revitalization and Development Project LDC is a not-for-profit organization incorporated under New York State Law in 1999. The Corporation was formed for the charitable and public purpose of restoring the "Main Street" of the Fort Greene/Clinton Hill community in Brooklyn, New York to a bustling, economically vital neighborhood commercial corridor that will provide entrepreneurial, cultural, recreational and employment opportunities for all those who live, work, study or otherwise have an interest in the area.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $319,680 | $0 | ▼ $319,680 |
| Cash and Non-Interest-Bearing Accounts | $91,983 | $0 | ▼ $91,983 |
| Accounts Receivable | $3,507 | $0 | ▼ $3,507 |
| Prepaid Expenses and Deferred Charges | $1,708 | $0 | ▼ $1,708 |
| 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 | - |
| Land, Buildings, and Equipment, Net | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $416,878 | $0 | ▼ $416,878 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $28,331 | - | - |
| Total Liabilities | $28,331 | $0 | ▼ $28,331 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $388,547 | - | - |
| Total Net Assets Fund Balance | $388,547 | $0 | ▼ $388,547 |
| Total Liabilities and Net Assets / Fund Balance | $416,878 | $0 | ▼ $416,878 |
| Name | Title |
|---|---|
| Ann Daniels | Chairman |
| Bernell Grier | Trustee |
| Gary Hattem | Trustee |
| Jed Marcus | Trustee |
| John Dew | Trustee |
| Leah Flax | Trustee |
| Michael Massiah | Trustee |
| Sudha Seetharaman | Trustee |
| Emily Ahn Levy | Secretary |
| Michael Banach | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $115,609 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $10,000 | $8,240 | - | $18,240 |
| Fees for Services Legal | - | $12,786 | - | $12,786 |
| Insurance | - | $3,791 | - | $3,791 |
| Fees for Services Accounting | - | $3,650 | - | $3,650 |
| Other Expenses | $1,807 | $75 | - | $75 |
| Total Functional Expenses | $86,807 | $28,802 | $0 | $115,609 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $115,609 |
| Total Expenses per Audited Statements | $115,609 |
| Total Expenses per Form 990 | $115,609 |
| 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 | - |
“forms are reviewed with cpa before filing.”
“an annual questionaire is completed by all board members to solicit information.”
“board reviews all salaries annually using comparability analysis.”
“documents are available for review upon request.”
“On January 19, 2022 the Corporations Board of Directors authorized the dissolution of the organization and adopted a Plan of Dissolution and Distribution of Assets (the Plan) which has been approved by the New York State Attorney General. After paying all outstanding liabilities and pursuant to the Plan, the Corporations final distribution of assets was made to Myrtle Avenue Brooklyn District Management Association on June 28, 2022. The Corporation has no remaining assets and is in the process of submitting its Certificate of Dissolution to the New York State Attorney Generals Office for approval. Upon the approval of the Attorney General, the Certificate of Dissolution will be filed with the New York State Department of State, Division of Corporations, and the Corporation will be dissolved.”
“distribution in dissolution = -$274609”
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 Myrtle Avenue Commercial Revitalization and Development Project LDC is a not-for-profit organization incorporated under New York State Law in 1999. The Corporation was formed for the charitable and public purpose of restoring the "Main Street" of the Fort Greene/Clinton Hill community in Brooklyn, New York to a bustling, economically vital neighborhood commercial corridor that will provide entrepreneurial, cultural, recreational and employment opportunities for all those who live, work, study or otherwise have an interest in the area. |
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| IRS990/BooksInCareOfDetail/PersonNm | 0 | Chad Purkey |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7182301689 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 472 MYRTLE AVE BROOKLYN NY |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Brooklyn |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | -113938 |
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| IRS990/Desc | 0 | COMMUNITY DEVELOPMENT - THE COMMUNITY DEVELOPMENT PROGRAM INCLUDES A NUMBER OF INITIATIVES THAT SEEK TO INVOLVE LOCAL STAKEHOLDERS IN PROJECTS THAT IMPROVE THE OVERALL QUALITY OF LIFE IN FORT GREENE AND CLINTON HILL. |
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| IRS990/ExpenseAmt | 0 | 86807 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3650 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3650 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 12786 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 12786 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 8240 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 10000 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 18240 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/FinalReturnInd | 0 | X |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form8282FiledCnt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | GARY HATTEM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JOHN DEW |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BERNELL GRIER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MICHAEL MASSIAH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | SUDHA SEETHARAMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ANN DANIELS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MICHAEL BANACH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | EMILY AHN LEVY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Secretary |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1999 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 13 |
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| IRS990/GrantsToIndividualsInd | 0 | false |
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| IRS990/GrossReceiptsAmt | 0 | 1671 |
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| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
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| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 3791 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3791 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
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| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 171 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 171 |
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| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
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| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | The Myrtle Avenue Commercial Revitalization and Development Project LDC is a not-for-profit organization incorporated under New York State Law in 1999. The Corporation was formed for the charitable and public purpose of restoring the "Main Street" of the Fort Greene/Clinton Hill community in Brooklyn, New York to a bustling, economically vital neighborhood commercial corridor that will provide entrepreneurial, cultural, recreational and employment opportunities for all those who live, work, study or otherwise have an interest in the area. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 388547 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 0 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
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| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
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| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 388547 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 0 |
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| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -274609 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | MARP COMMUNITY FUND |
| IRS990/OtherExpensesGrp/Desc | 1 | OTHER DIRECT PROGRAM EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | BANK FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 260 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 75 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 75000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 1807 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 75000 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1807 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 260 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 75 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 1708 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 630 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 108674 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -108044 |
| IRS990/PYTotalExpensesAmt | 0 | 108674 |
| IRS990/PYTotalRevenueAmt | 0 | 630 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
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| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -113938 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 319680 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 252479 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 412115 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 666094 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 171 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 630 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2412 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4508 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3349 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 11070 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.98370 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.98740 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 666094 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 412115 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 666094 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 677164 |
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| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 115609 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1671 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 115609 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1671 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1671 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 115609 |
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| IRS990ScheduleN/AttorneyGeneralNotifiedInd | 0 | true |
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| IRS990ScheduleN/BondsOutstandingInd | 0 | false |
| IRS990ScheduleN/DirectorOfSuccessorInd | 0 | false |
| IRS990ScheduleN/EmployeeOfSuccessorInd | 0 | false |
| IRS990ScheduleN/LiabilitiesPaidInd | 0 | true |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | Cash Transfer |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 0 | 2022-06-28 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN | 0 | 202659913 |
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| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 0 | 501(c)3 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | cash value |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 0 | 472 Myrtle Ave 2nd Floor |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 0 | Brooklyn |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 0 | 11205 |
| IRS990ScheduleN/OwnerOfSuccessorInd | 0 | false |
| IRS990ScheduleN/ReceiveCompensationInd | 0 | false |
| IRS990ScheduleN/RequiredToNotifyAGInd | 0 | true |
| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 0 | Attached as required are Resolutions of a meeting of the Board of Directors of Myrtle Avenue Commercial Revitalization and Development Project Local Development Corporation duly held on January 19, 2022 (certified by the Corporations Secretary) authorizing the Corporations dissolution and adopting the attached Plan of Dissolution and Distribution of Assets. Also attached is the New York State Attorney Generals Approval of the Plan of Dissolution and Distribution of Assets. |
| IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Sch N, Part III, Additional Information |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | On January 19, 2022 the Corporations Board of Directors authorized the dissolution of the organization and adopted a Plan of Dissolution and Distribution of Assets (the Plan) which has been approved by the New York State Attorney General. After paying all outstanding liabilities and pursuant to the Plan, the Corporations final distribution of assets was made to Myrtle Avenue Brooklyn District Management Association on June 28, 2022. The Corporation has no remaining assets and is in the process of submitting its Certificate of Dissolution to the New York State Attorney Generals Office for approval. Upon the approval of the Attorney General, the Certificate of Dissolution will be filed with the New York State Department of State, Division of Corporations, and the Corporation will be dissolved. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | forms are reviewed with cpa before filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | an annual questionaire is completed by all board members to solicit information. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | board reviews all salaries annually using comparability analysis. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | documents are available for review upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | distribution in dissolution = -$274609 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Changes In Net Assets Or Fund Balances - Other Decreases |
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| IRS990/SignificantChangeInd | 0 | true |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | true |
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| IRS990/TotalAssetsEOYAmt | 0 | 0 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 416878 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 1500 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 28802 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 86807 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 115609 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 28331 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 28331 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 0 |
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| IRS990/TotalProgramServiceRevenueAmt | 0 | 0 |
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| IRS990/TravelGrp/TotalAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 472 Myrtle Avenue 2nd Floor |
| IRS990/USAddress/CityNm | 0 | Brooklyn |
| IRS990/USAddress/StateAbbreviationCd | 0 | NY |
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