NonprofitsSouthwest Brooklyn Industrial Development Corporation

Community Improvement & Capacity Building

Southwest Brooklyn Industrial Development Corporation

BROOKLYN, NY

Total revenue

$2.1M

Total expenses

$1.2M

Net assets

$1.4M

Grants received

$238K

8 grants

EIN

112508370

Tax year

2023

Mission

Southwest brooklyn industrial development corporation (sbidc) provides advocacy and services to help businesses in the sunset park, red hook and gowanus neighborhoods grow and create employment opportunities for local residents.

Financials

FY 2023

Revenue

Contributions & grants$1.9M
Program service revenue
Investment income$62
Other revenue$207K
Total revenue$2.1M

Expenses

Grants paid
Salaries & benefits$729K
Fundraising$73K
Other expenses$461K
Total expenses$1.2M
Total assets$1.6M
Net assets$1.4M

People

17 listed

NameRoleCompensation

JESSE SOLOMON

EXECUTIVE DIRECTOR

Board

$120K

40 hrs/wk

DAVID SWEENY

VICE CHAIR (THRU MARCH)

Board

2 hrs/wk

ELIZABETH DEMETRIOU

SECRETARY (FROM JANUARY)

Board

2 hrs/wk

HOWARD SMITH JR

SECRETARY (THRU DECEMBER)

Board

2 hrs/wk

SUSAN FERMISCO

TREASURER

Board

2 hrs/wk

IRINA CONSTANTINE

DIRECTOR

Board

2 hrs/wk

PAUL GEVERTZMAN

DIRECTOR

Board

2 hrs/wk

STEPHEN GIUMENTA

DIRECTOR

Board

2 hrs/wk

JEFFREY LEE ROMERO

CHAIRPERSON

Board

2 hrs/wk

MICHAEL JEFFREY SPINNER

DIRECTOR

Board

2 hrs/wk

EILEEN THORNTON VAZQUEZ

DIRECTOR

Board

2 hrs/wk

BLAKE TOMNITZ

DIRECTOR

Board

2 hrs/wk

ALAN PETRILLI

DIRECTOR

Board

2 hrs/wk

ALAN SAGE

DIRECTOR

Board

2 hrs/wk

MIKE STAMATIS

DIRECTOR

Board

2 hrs/wk

MICHAEL DIMARINO

DIRECTOR

Board

2 hrs/wk

CHRISTOPHER MURTHA

DIRECTOR

Board

2 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$2K
GENERAL OPERATING SUPPORT
2023
$17K
COOPERATIVE DEVELOPMENT
2022
$16K
GENERAL SUPPORT
2022
$150K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2018
$6K
General Support
2018
$19K
STRONGER TOGETHER GRANT, KRESGE FOUNDATION TURNING THE TIDE
2017
$10K
General Support
2017

Funded by

$238K from 6 funders · 8 grants · 2017–2023

Jpmorgan Chase Foundation

$152K · 2 grants · 2018–2023

Fifth Avenue Committee Inc

$19K · 1 grant · 2017

Workforce Development Corporation

$18K · 1 grant · 2018

The Working World Inc

$17K · 1 grant · 2022

The Blackbaud Giving Fund

$16K · 1 grant · 2022

Jewish Communal Fund

$16K · 2 grants · 2017–2018

Details

EIN112508370
NTEE codeS41Z
Subsection03
Ruling date1980-06
Formed1978
Employees0
Volunteers16
SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo