2024-11-13T22:52:32-06:00 2023-12-31 946214841 ARMANINO ADVISORY LLC 485 MADISON AVENUE 9TH FLOOR NEW YORK NY 10022 990 2023-01-01 237021273 GREATER JAMAICA DEVELOPMENT CORPORATION GREA 7182910282 90-04 161ST STREET 704 JAMAICA NY 11432 TODD S BENENSON ASSISTANT TREASURER/CFO 7182910282 2024-11-13 1 1 MATTHEW PETROSKI P00853132 2127926300 2024-11-13 2023 2024-10-15 13:58:12Z JUSTIN RODGERS 90-04 161ST STREET 704 JAMAICA NY 11432 12647536 0 X WWW.GJDC.ORG X 1967 NY SEE SCHEDULE OGJDC ENVISAGES JAMAICA AS A VITAL AND DIVERSE DOWNTOWN FOR ALL OF THOSE WHO WORK, LIVE, SHOP OR VISIT HERE. WE SEE DOWNTOWN JAMAICA AS A MIXED-INCOME RESIDENTIAL COMMUNITY INCLUDING AFFORDABLE HOUSING. AT ITS CENTER IS A MULTI-MODAL TRANSPORTATION NEXUS, INCLUDING TRAIN, SUBWAY, BUS SERVICE AND CONNECTED TO JFK INTERNATIONAL AIRPORT VIA AIRTRAIN; SUPPORTING OUR COMMERCIAL CORRIDORS. WE SEEK TO ENHANCE DOWNTOWN JAMAICA AS AN ATTRACTIVE PLACE FOR PRIVATE INVESTMENT WHICH WILL ALSO SUPPORT CULTURAL ACTIVITIES AND AMENITIES THAT ENHANCE THE QUALITY-OF-LIFE FOR ITS CITIZENS. 30 30 43 30 0 0 910723 2949142 6832617 7145576 -218980 -14131 77613 61631 7601973 10142218 95750 64335 0 0 2955740 3456238 0 0 405543 6771744 7050264 9823234 10570837 -2221261 -428619 38751067 39002347 15173019 14972015 23578048 24030332 X SEE SCHEDULE OGREATER JAMAICA DEVELOPMENT CORPORATION ("GJDC") IS A COMMUNITY-BUILDING ORGANIZATION THAT PLANS, PROMOTES, COORDINATES AND ADVANCES RESPONSIBLE DEVELOPMENT TO REVITALIZE DOWNTOWN JAMAICA. MARSHALLING ITS OWN RESOURCES AS WELL AS THOSE OF THE PUBLIC, PRIVATE AND NOT-FOR-PROFIT SECTORS, THE CORPORATION'S FOCUS IS TO EXPAND ECONOMIC OPPORTUNITY AND IMPROVE THE QUALITY OF LIFE FOR THE ETHNICALLY AND ECONOMICALLY DIVERSE RESIDENTS OF JAMAICA. GJDC LEVERAGES ITS SUBSTANTIAL CAPACITY TO ASSIST OTHER MISSION-BASED ORGANIZATIONS IN SOUTHEAST QUEENS TO INCREASE THEIR EFFECTIVENESS. 0 0 4150587 1750 4513663 SEE SCHEDULE OEFFECTIVE PARKING TO CATALYZE ECONOMIC GROWTH:WITH A LARGE DRIVING POPULATION, THE ECONOMIC VITALITY OF DOWNTOWN JAMAICA IS UNDERPINNED BY CAR-BASED TRANSPORTATION - AS LOCAL RESIDENTS AND WORKERS RELY ON VEHICLES TO GET TO AND FROM WORK, HOME, SHOPPING, SCHOOL AND CULTURAL VENUES. TO ADDRESS THIS BASIC NEED, GJDC PROVIDES AUGMENTED, BELOW-MARKET PARKING TO SUPPORT AND BOLSTER ECONOMIC ACTIVITY DOWNTOWN. JAMAICA FIRST PARKING, LLC ("JFP"), A WHOLLY OWNED SUBSIDIARY OF GJDC, OWNS AND OPERATES PARKING IN THE DOWNTOWN IN ORDER IMPROVE TRANSPORTATION, SUPPORT LOCAL ECONOMIC ACTIVITY AND DEVELOPMENT. AS THE NONPROFIT OWNER OF FOUR PARKING FACILITIES WITH APPROXIMATELY 1,800 SPACES IN THE DOWNTOWN, JFP PROVIDES SAFE, ATTRACTIVE, AFFORDABLY PRICED PARKING TO SUPPORT ECONOMIC AND CULTURAL ACTIVITY IN JAMAICA. 2543803 2522882 SEE SCHEDULE OJAMAICA MARKET:SINCE ITS OPENING IN 1990, THE JAMAICA MARKET HAS ESTABLISHED ITSELF AS A COMMUNITY MEETING PLACE OFFERING AN ECLECTIC ARRAY OF AFFORDABLE CULINARY CHOICES - FROM SALADS AND SANDWICHES TO JUICES AND ETHNIC FOODS FROM ASIA, LATIN AMERICA, AND THE CARIBBEAN ALL IN A CONVENIENT LOCATION. OVER THE YEARS, THE MARKET HAS HELPED MANY CREATIVE AND AMBITIOUS ENTREPRENEURS START BUSINESSES IN A COMMERCIAL CORRIDOR WHERE IT MIGHT OTHERWISE BE TOO EXPENSIVE FOR THEM TO OPEN SHOP; THERE ARE CURRENTLY OVER 20 SHOPS SELLING HOT FOOD, NEWS, COFFEE, MAGAZINES, FLOWERS, COSMETICS, JEWELRY, HAIR PRODUCTS AND MORE. IN ADDITION, THE HARVEST ROOM IS LOCATED IN THE JAMAICA MARKET. AS ONE OF THE ONLY OFFERINGS OF ITS KIND IN DOWNTOWN JAMAICA THE HARVEST ROOM SERVES AS A LARGE SCALE EVENT SPACE THAT GJDC OFFERS FOR COMMUNITY CONVENING PURPOSES. ABLE TO ACCOMMODATE UP TO 150 GUESTS, THE LOCAL COMMUNITY USES THE HARVEST ROOM FOR A WIDE VARIETY OF FAMILY, SOCIAL, AND BUSINESS EVENTS. NOT ONLY CAN THE VENUE BE RENTED FOR AFFORDABLE RATES, GJDC ALSO PROVIDES THE SPACE IN-KIND FOR CERTAIN COMMUNITY EVENTS. GREATER NEXUS:GREATER NEXUS IS A LEADING COWORKING SPACE AND ENTREPRENEURSHIP HUB BASED IN NEW YORK. IT IS DOWNTOWN JAMAICA'S FIRST ACCESSIBLE AND AFFORDABLE COWORKING SPACE OFFERING FLEXIBLE TERMS TO THE MOSTLY MINORITY SMALL BUSINESS COMMUNITY. WITH OVER 10,000 SQUARE FEET OF SHARED SPACE, STATE-OF-THE-ART AUDIO-VISUAL EQUIPMENT, WELLNESS ROOMS, SOUNDPROOF PHONE BOOTHS, AND COMPARABLE AMENITIES TO ANY MODERN MANHATTAN OFFICE SPACE, OUR CO-WORKING FACILITY PROMISES TO BE A MAGNET FOR INNOVATIVE ENTREPRENEURSHIP.OPENED DURING THE SUMMER OF 2022, GREATER NEXUS PRIDES ITSELF ON TAKING A HOSPITALITY-FIRST APPROACH TO OUR SPACE FROM OUR DESIGN TO OUR STAFF, AND TECHNOLOGY WE ARE ALWAYS PUTTING OUR MEMBERS' EXPERIENCE FIRST. WE PRIDE OURSELVES ON CREATING A CULTURE THAT UNDERSTANDS THE NEEDS OF THE BUSINESS AND COMMUNITY, BY PROVIDING SOLUTIONS THROUGH DIVERSE-INDUSTRY EDUCATIONAL PROGRAMING, PROFESSIONAL NETWORKING EVENTS AND MENTORING OPPORTUNITIES.GREATER NEXUS WANTS TO SUPPORT THE SMALL BUSINESSES AND ENTREPRENEURS TO WORK IN AN INNOVATIVE, TECH DRIVEN SPACE THAT INSPIRES INNOVATION, CROSS COLLABORATION OF VARIOUS BUSINESS TO SUPPORT NEW BUSINESS OPPORTUNITIES, AND AN ENVIRONMENT OF TECHNICAL RESOURCES. THIS LEVEL OF COMMUNITY EXPERTISE AND ACCESS TO RESOURCES IS A UNIQUE AND CRITICAL ASPECT OF THE FACILITY. MEMBERS WILL GAIN ACCESS TO A WIDE SPECTRUM OF HIGH-LEVEL BUSINESS RESOURCES TO HELP EXPAND BUSINESS KNOWLEDGE AND PERSONAL DEVELOPMENT THROUGH OUR SMALL BUSINESS INITIATIVE.GREATER NEXUS' SMALL BUSINESS INITIATIVE WILL PROVIDE UP TO 15 LOCAL BUSINESSES | ENTREPRENEURS WITH THE OPPORTUNITY TO WORK OUT OF THE COWORKING SPACE FOR A ONE-MONTH SPAN. BUSINESSES THAT ARE SELECTED FOR THIS OPPORTUNITY WILL HAVE FULL ACCESS TO OUR SPACE, AND THE OPPORTUNITY TO ENGAGE WITH A VARIETY OF BUSINESS SECTORS WITHIN THE SPACE. IN ADDITION, GREATER NEXUS CURATES AND PROVIDES RESOURCES FOR THE COMMUNITY AROUND FINANCIAL LITERACY, CIVIC ENGAGEMENT, AND THE OPPORTUNITY TO HAVE ONE ON ONE MEETINGS TO LEARN ABOUT AND GAIN ACCESS TO THE MULTITUDE OF RESOURCES OFFERED THROUGH OUR BUSINESS SERVICES GROUP. GREATER NEXUS ALSO HOSTS SEVERAL PROGRAMS THAT ARE OFFERED TO THE COMMUNITY IN THE SECTORS OF CIVIC ENGAGEMENT, FINANCIAL LITERACY, ACADEMIC ENRICHMENT/EDUCATION, WORKFORCE DEVELOPMENT, TECHNOLOGY AND OPPORTUNITIES TO CONTRACT IN THE MWBE ARENA. 757677 62585 233456 SEE SCHEDULE OFACILITATING AFFORDABLE HOUSING DEVELOPMENT:IN RESPONSE TO RESOUNDING DEMAND FOR AFFORDABLE HOUSING AND NEW RETAIL BY THE JAMAICA COMMUNITY, GJDC HAS WORKED CLOSELY WITH PRIVATE DEVELOPERS TO HELP FACILITATE THE CONSTRUCTION OF MORE MIXED-USE, AFFORDABLE BUILDINGS IN DOWNTOWN JAMAICA. EVENTS AND PROGRAMMING:IN ORDER TO HELP CONNECT RESIDENTS TO THEIR NEIGHBORHOOD, GJDC SPONSORS SEVERAL EVENTS THROUGHOUT THE YEAR, INCLUDING A WOMEN'S HISTORY MONTH CELEBRATION IN MARCH, A LEGISLATIVE COCKTAIL HOUR IN MAY AND A 5K WALK/RUN IN THE FALL. IMPROVING INFRASTRUCTURE AND ACCESS: GJDC HAS PLAYED A KEY ROLE IN ADVOCATING FOR AND SECURING FUNDING FOR VARIOUS, LARGE-SCALE TRANSPORTATION IMPROVEMENT PROJECTS IN THE DOWNTOWN. THESE PROJECTS AIM TO INCREASE PEDESTRIAN ACCESS AND SAFETY, IMPROVE TRAFFIC FLOW, ACCOMMODATE INCREASED BUS VOLUMES, CREATE NEW PUBLIC OPEN SPACE AND SUPPORT ECONOMIC REVITALIZATION. 341534 3271 BUSINESS SERVICES: GJDC'S BUSINESS SERVICES GROUP (BSG) PROVIDES DIRECT SERVICES TO LOCAL BUSINESSES WITH A PARTICULAR FOCUS ON INDUSTRIAL AND MINORITY AND WOMEN OWNED BUSINESSES IN THE AREA.BSG MONITORS AND REPORTS TO THE CITY ON GENERAL BUSINESS NEEDS IN CITY-DESIGNATED INDUSTRIAL BUSINESS ZONES. IT ALSO MONITORS INFRASTRUCTURE NEEDS IN THESE AREAS AND RECOMMENDS IMPROVEMENTS. IT PROVIDES ASSISTANCE TO INDUSTRIAL BUSINESSES IN THE AREAS OF FINANCING; ACCESS TO INCENTIVES AND BENEFITS FOR BUSINESSES AND NAVIGATING GOVERNMENT. RECOGNIZING THE NEED FOR URGENT ACTION IN RESPONSE TO THE COVID CRISIS, GJDC AND ITS AFFILIATE GJLDC, SIGNIFICANTLY INCREASED EMPHASIS ON PROVIDING OUR FREE SUITE OF TECHNICAL ASSISTANCE TO SMALL BUSINESSES IN OUR SERVICE GEOGRAPHY, WITH A SPECIAL FOCUS ON MWBE'S. SPECIFICALLY IN 2018 AND 2019, WE PROVIDED SERVICE ASSISTANCE (THROUGH CANVASSING, COMMUNITY ENGAGEMENT EVENTS AND ONE-ON-ONE ASSISTANCE TO ABOUT 500 ENTITIES PER YEAR). BY CONTRAST, IN 2021 AS A RESULT OF COVID'S IMPACT ON SMALL BUSINESSES, WE PROVIDED DIRECT ASSISTANCE TO 1189 BUSINESSES. OUR SERVICES RESULTED IN BUSINESS FUNDING AND/OR GRANTS SECURED OF $5,076,722. THROUGHOUT THE PANDEMIC, WE PARTNERED WITH FEDERAL, STATE, AND LOCAL GOVERNMENTAL UNITS TO PROVIDE FOCUSED ASSISTANCE AND GUIDANCE ON ACCESS TO NEWLY AVAILABLE BUSINESS RESOURCES.THIS DEDICATION CONTINUED IN 2022 AND 2023 AS OUR SERVICE GEOGRAPHY OF MOSTLY MINORITY OWNED ENTITIES RECOVERED IN VERY SLOW FASHION FROM PANDEMIC RESTRICTIONS. THESE BUSINESSES REQUIRE SPECIAL ATTENTION SINCE THEY TYPICALLY DID NOT HAVE ADEQUATE CASH RESERVES, LACKED ACCESS TO EXPERTISE, AND COULD NOT MOVE THEIR BUSINESSES ONLINE DURING THE LOCKDOWNS. 341534 3271 7793601 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 36 0 1 43 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NY X TODD S BENENSON ASSISTANT TREASURERCFO 7182910282 90-04 161ST STREET 704 JAMAICA NY 11432 JUSTIN RODGERS PRESIDENT & CEO 31.90 3.10 X 291195 0 51290 TODD BENENSON ASSISTANT TREASURER/CFO 31.90 3.10 X 187151 0 38167 PATRICIA ROBINSON CHIEF ADMINISTRATIVE OFFICER 33.00 2.00 X 182699 0 35392 MASHEIKA LEWIS ASSISTANT SECRETARY 35.00 X 117164 0 31143 MITCHELL STERNBACH DIR. RESOURCE DEVELOPMENT 35.00 X 143316 0 51285 TIANA LIRIANO DIR. OF REAL EST. & PROP. MGMT 35.00 X 143660 0 45846 JESSICA GARCIA CONTROLLER 35.00 X 112551 0 67610 ARON KURLANDER DIR. OF BUSINESS SERVICES 30.00 5.00 X 158111 0 14695 EDWIN ROSADO REAL PROP. FACILITIES MGR 35.00 X 116628 0 23164 LAMONT R BAILEY CHAIR 1.00 3.00 X X 0 0 0 ELLIOT G SANDER VICE CHAIR 1.00 2.00 X X 0 0 0 MICHELLE STODDART VICE CHAIR 1.00 2.00 X X 0 0 0 MELVA MILLER VICE CHAIR - TO OCT 2023 1.00 2.00 X X 0 0 0 JEFFREY S TERRY TREASURER 1.00 2.00 X X 0 0 0 ARTHUR BENJAMIN JR TREASURER - TO DEC. 2023 1.00 2.00 X X 0 0 0 CALVIN LAWRENCE JR SECRETARY 1.00 2.00 X X 0 0 0 RICHARD T ANDERSON DIRECTOR 1.00 2.00 X 0 0 0 ERIC BLUESTONE DIRECTOR 1.00 2.00 X 0 0 0 DAVID COTTON DIRECTOR 1.00 2.00 X 0 0 0 REBECCA DEUTSCHER DIRECTOR 1.00 2.00 X 0 0 0 CEDRIC DEW DIRECTOR 1.00 2.00 X 0 0 0 FRANK DIMOLA DIRECTOR 1.00 2.10 X 0 0 0 RICHARD DZWLEWICZ DIRECTOR 1.00 2.00 X 0 0 0 HAROLD FLAKE DIRECTOR 1.00 2.00 X 0 0 0 ICEMA D GIBBS DIRECTOR 1.00 2.00 X 0 0 0 HOWARD GRAF DIRECTOR 1.00 2.10 X 0 0 0 YESENIA GRAHAM DIRECTOR 1.00 2.00 X 0 0 0 DANIEL A GREENE DIRECTOR 1.00 2.00 X 0 0 0 GEORGE GUILLAUME DIRECTOR 1.00 2.00 X 0 0 0 WANDA JACKSON DIRECTOR 1.00 2.00 X 0 0 0 PHILIPPA KARTERON DIRECTOR 1.00 2.00 X 0 0 0 PETER KULKA DIRECTOR 1.00 2.00 X 0 0 0 WILLIAM LYNCH DIRECTOR 1.00 2.00 X 0 0 0 MEREDITH MARSHALL DIRECTOR 1.00 2.00 X 0 0 0 REV PATRICK H O'CONNOR DIRECTOR 1.00 2.00 X 0 0 0 GREG POLIS DIRECTOR 1.00 2.00 X 0 0 0 REGINALD M RASCH DIRECTOR 1.00 2.00 X 0 0 0 REV DR CALVIN RICE DIRECTOR 1.00 2.00 X 0 0 0 YAROJIN ROBINSON DIRECTOR 1.00 2.00 X 0 0 0 DREW SPITLER DIRECTOR 1.00 2.00 X 0 0 0 JUDY TUCKER DIRECTOR 1.00 2.00 X 0 0 0 DR BERENCEA JOHNSON EANES DIRECTOR - TO DEC 2023 1.00 2.00 X 0 0 0 RACHEL GILBERT SOLOMON DIRECTOR - TO JAN 2023 1.00 2.00 X 0 0 0 1452475 0 358592 10 0 1 0 SENTINEL MANAGEMENT GROUP INC 96-59 222ND STREET STE 200 QUEENS VILLAGE NY 11429 SECURITY SERVICES 289749 ONE DIVERSIFIED LLC 385 MARKET STREET KENILWORTH NJ 07033 INTERIOR FURNISHING 227853 VANGUARD CONSTRUCTION & DEVELOPMENT CO 350 FIFTH AVE STE 5500 NEW YORK NY 10118 INTERIOR RENOVATION 171890 3 307111 1899498 742533 2949142 PARKING OPERATIONS 812930 4454662 4454662 RENTAL INCOME 532000 2475525 2475525 INTEREST ON LOANS 900099 122488 122488 MANAGEMENT FEES 900099 92901 92901 7145576 317911 317911 2080616 2412658 -332042 -332042 -332042 26595 307111 92660 -66065 -66065 FDA QUEENS LP 900099 108123 108123 MISCELLANEOUS REVENUE 900099 19573 19573 127696 10142218 7273272 0 -80196 64335 64335 934203 176734 688972 68497 1933384 1134197 624584 174603 175787 93719 63367 18701 191194 78892 93645 18657 221670 111785 92716 17169 23074 15868 7206 104986 10000 94986 42259 42259 34420 10480 23940 64418 9818 54573 27 231059 74540 155340 1179 143541 45231 98266 44 2223225 2099781 123444 22615 17165 4560 890 85739 68846 16289 604 459620 338321 121299 903372 867785 35587 696859 669565 27294 PARKING OPERATION 1309147 1309147 OTHER EXPENSES 388558 353149 2772 32637 BAD DEBT EXPENSE 242376 169341 500 72535 PROGRAM EVENTS 53787 53693 94 21209 21209 10570837 7793601 2371693 405543 4098775 2260198 64304 165145 159939 513360 1314583 661954 9267500 9267500 779208 872643 29351946 16272149 13438648 13079797 5932890 8748853 14150 14150 3681070 3418747 38751067 39002347 1616293 1674275 102873 96515 5401341 5071184 1806059 1783557 4535000 2240000 1711453 4106484 15173019 14972015 X 23578048 23865299 165033 23578048 24030332 38751067 39002347 X -428619 941579 -60676 X 0 1 X 1 1 1 X 632985 587350 1662127 910723 2949142 6742327 632985 587350 1662127 910723 2949142 6742327 545280 6197047 186578 161136 99544 179437 317911 944606 241675 195792 229794 125329 127696 920286 8607219 32267340 0.72000 0.50070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 0 0 0 0 10570837 11009042 10570837 11009042 678542 700452 169636 175113 0 0 0 0 560609 593002 660305 700452 2514368 3771552 140152 148251 165076 175113 628592 942888 PART II-A, AFFILIATED GROUP STATEMENT JAMAICA CAPITAL CORPORATION, EIN #13-4214984, 90-04 161ST STREET, JAMAICA, NY 11432; GREATER JAMAICA LOCAL DEVELOPMENT COMPANY, INC., EIN#XXX-XX-XXXX, 90-04 161ST STREET, JAMAICA, NY 11432 2651462 2651462 16217428 9010590 7206838 7826561 5725314 2101247 2656495 1536245 1120250 13079797 SECURITY DEPOSITS 27865 LEASING COSTS, NET 179092 DEFERRED DEVELOPMENT COSTS, NET 73691 RESTRICTED CASH 2615262 RIGHT OF USE ASSETSS 522837 3418747 LEASE LIABILITIES 522837 SECURITY DEPOSITS 252635 ADVANCES ON CONTRACTS & GRANTS 2000000 DUE TO RELATED ORGANIZATIONS 1331012 4106484 X PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAIN INCOME TAX POSITIONS IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. THERE HAS BEEN NO INTEREST OR PENALTIES RECOGNIZED IN THE CONSOLIDATED STATEMENT OF ACTIVITIES NOR IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION RELATED TO UNCERTAIN TAX POSITIONS AS MANAGEMENT BELIEVES THEY HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN. IN ADDITION, NO TAX POSITIONS EXIST FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN THE NEXT 12 MONTHS. THE ORGANIZATION EVALUATES ANY UNCERTAIN TAX POSITIONS ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES AND DISCUSSIONS WITH OUTSIDE EXPERTS. MANAGEMENT BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. ANNUAL GALA 333706 307111 26595 86602 3250 2808 333706 307111 26595 86602 3250 2808 92660 -66065 1 GREATER JAMAICA LOCAL DEVELOPMENT CO 90-04 161ST STREET STE 704 JAMAICA NY 11432 112563026 501(C)(3) 25000 0 ANNUAL CONTRIBUTION REGIONAL PLAN ASSOCIATION ONE WHITE HALL STREET 16TH FL NEW YORK NY 10004 131624154 501(C)(3) 11335 0 WALKATHON AND HEALTH FAIR YMCA OF GREATER NEW YORK 89-25 PARSONS BLVD JAMAICA NY 11432 131624228 501(C)(3) 9000 0 GENERAL SUPPORT JAMAICA CENTER FOR ARTS AND LEARNING INC 161-04 JAMAICA AVE JAMAICA NY 11432 112478709 501(C)(3) 6500 0 GENERAL SUPPORT 4 0 PART I, LINE 2: GJDC MONITORS GRANTEES THROUGH DIRECT PERIODIC COMMUNICATION WITH GRANTEE SENIOR LEADERSHIP OR MEMBERSHIP ON GRANTEES BOARD OF DIRECTORS. X X X X 0 0 0 0 0 0 0 0 0 JUSTIN RODGERS PRESIDENT & CEO 283725 0 0 0 7470 0 33476 0 17814 0 342485 0 0 0 TODD BENENSON ASSISTANT TREASURER/CFO 185963 0 0 0 1188 0 19156 0 19011 0 225318 0 0 0 PATRICIA ROBINSON CHIEF ADMINISTRATIVE OFFICER 181925 0 0 0 774 0 18278 0 17114 0 218091 0 0 0 MITCHELL STERNBACH DIR. RESOURCE DEVELOPMENT 142128 0 0 0 1188 0 14259 0 37026 0 194601 0 0 0 TIANA LIRIANO DIR. OF REAL EST. & PROP. MGMT 143524 0 0 0 136 0 14227 0 31619 0 189506 0 0 0 JESSICA GARCIA CONTROLLER 112389 0 0 0 162 0 12224 0 55386 0 180161 0 0 0 ARON KURLANDER DIR. OF BUSINESS SERVICES 157841 0 0 0 270 0 14695 0 0 0 172806 0 0 0 A NEW YORK CITY IDA 132906040 64971CX33 2004-03-23 9525000 PROPERTY ACQUISITION, CONSTRUCTION AND IMPROVEMENTS 0 1 0 A 4200000 9525000 571477 8953523 2005 0 0 1 1 A 1 0 0 0 1 0 0 A 0 0 0 1 1 1 TD BANK 3.000000000000 0 0 0 0 0 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NEW YORK CITY IDA DATE THE REBATE COMPUTATION WAS PERFORMED: 03/23/2023 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED AND APPROVED BY THE AUDIT COMMITTEE AND THEN DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE POLICY AND DISCLOSURE FORM IS DISTRIBUTED TO BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES TO BE SIGNED. STAFF FOLLOWS UP TO ENSURE THE RECEIPT OF THE FORMS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO, AND OTHER OFFICERS: 1) COMPENSATION COMMITTEE, 2) FORM 990 OF OTHER ORGANIZATIONS, 3) COMPENSATION SURVEY OR STUDY, 4) APPROVAL BY THE EXECUTIVE COMMITTEE OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF EXCESS REVENUE FROM 501(C)(2) ORG. TO 501(C)(3) PARENT -60,676. 93-43 SUTPHIN LLC 90-04 161ST STREET JAMAICA NY 11432 201516938 INACTIVE NY 0 0 GREATER JAMAICA DEVELOPMENT CORPORATION JAMAICA FIRST PARKING LLC 90-04 161ST STREET JAMAICA NY 11432 113574176 PUBLIC PKG FACILITIES DE 4522452 13009575 GREATER JAMAICA DEVELOPMENT CORPORATION SUTPHIN UNDERPASS LLC 90-04 161ST STREET JAMAICA NY 11432 INACTIVE NY 0 0 GREATER JAMAICA DEVELOPMENT CORPORATION GJDC REALTY LLC 90-04 161ST STREET JAMAICA NY 11432 830566900 MAINTAIN A COWORKING FACILITY NY 1174958 1575906 GREATER JAMAICA DEVELOPMENT CORPORATION GJDC REALTY 2 LLC 90-04 161ST STREET JAMAICA NY 11432 844071667 INACTIVE NY 0 0 GREATER JAMAICA DEVELOPMENT CORPORATION JAMAICA CAPITAL CORPORATION 90-04 161ST STREET JAMAICA NY 11432 134214984 REAL ESTATE DE 501(C)(3) LINE 12A, I GREATER JAMAICA DEVELOPMENT CORPORATION 1 JAMAICA CENTER HOLDING COMPANY INC 90-04 161ST STREET JAMAICA NY 11432 112746656 REAL EST. HLDG CO. NY 501(C)(2) N/A GREATER JAMAICA DEVELOPMENT CORPORATION 1 NEXUS JAMAICA NY QALICB INC 90-04 161ST STREET JAMAICA NY 11432 872037628 COMM. ECO. DEVEL. NY 501(C)(3) LINE 12A, I GREATER JAMAICA DEVELOPMENT CORPORATION 1 GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC 90-04 161ST STREET JAMAICA NY 11432 112563026 SMALL BUS. LENDING NY 501(C)(3) LINE 7 GREATER JAMAICA DEVELOPMENT CORPORATION 1 SUTPHIN RETAIL ONE LLC 90-04 161ST STREET JAMAICA NY 11432 201516814 REAL ESTATE NY N/A 0 0 SUTPHIN RETAIL TWO LLC 90-04 161ST STREET JAMAICA NY 11432 201516896 REAL ESTATE NY N/A 0 0 1 1 0 1 1 0 0 0 0 0 1 1 0 1 1 0 1 0 0 JAMAICA CENTER HOLDING COMPANY K 109981 ALLOCATED EXPENSES JAMAICA CENTER HOLDING COMPANY L 92901 ALLOCATED EXPENSES NEXUS JAMAICA NY QUALICB INC A 122488 ALLOCATED EXPENSES NEXUS JAMAICA NY QUALICB INC K 136500 ALLOCATED EXPENSES GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC E 85000 ALLOCATED EXPENSES JAMAICA CENTER HOLDING COMPANY O 138913 ALLOCATED EXPENSES