2022-04-26T12:12:29-05:00 2021-06-30 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2020-07-01 112137138 BROOKLYN NAVY YARD DEVELOPMENT CORP BROO 7189075931 141 FLUSHING AVENUE NO 801 BROOKLYN NY 11205 WILMAL ARIYAWANSA CFO EVP 7189075931 2022-04-20 1 WILMAL ARIYAWANSA 999009999 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2022-04-20 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z DAVID EHRENBERG 141 FLUSHING AVENUE NO 801 BROOKLYN NY 11205 68378369 0 X BROOKLYNNAVYYARD.ORG X 1966 NY TO MANAGE THE BROOKLYN NAVY YARD FOR THE CITY OF NEW YORK, SPECIFICALLY TO EXPAND JOB OPPORTUNITES FOR NEW YORKERS BY FOSTERING THE DEVELOPMENT OF SMALL BUSINESSES. 28 28 340 28 0 0 18550148 9792385 47744696 53331236 0 0 5115653 5254748 71410497 68378369 0 0 0 0 22891195 22440819 0 0 0 45867968 56943036 68759163 79383855 2651334 -11005486 553839308 543633704 182685590 183485472 371153718 360148232 TO MANAGE THE BROOKLYN NAVY YARD FOR THE CITY OF NEW YORK, SPECIFICALLY TO EXPAND JOB OPPORTUNITIES FOR NEW YORKERS BY FOSTERING THE DEVELOPMENT OF SMALL BUSINESSES. 0 0 64570499 54627494 TO MANAGE THE BROOKLYN NAVY YARD FOR THE CITY OF NEW YORK, SPECIFICALLY TO EXPAND JOB OPPORTUNITES FOR NEW YORKERS BY FOSTERING THE DEVELOPMENT OF SMALL BUSINESSES. 64570499 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 152 0 1 340 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 NY X WILMAL ARIYAWANSA CFO EVP 7189075931 63 FLUSHING AVENUE BROOKLYN NY 11205 ABBY HAMLIN BOARD MEMBER 1.00 X 0 0 0 ADAM FREIDMAN BOARD MEMBER 1.00 X 0 0 0 ALEXANDER NOJOVITS BOARD MEMBER 1.00 X 0 0 0 AMANI MARTIN BOARD MEMBER 1.00 X 0 0 0 CAMILLE HASTICK BOARD MEMBER 1.00 X 0 0 0 CARLO A SCISSURA BOARD MEMBER 1.00 X 0 0 0 DANIEL MCQUADE BOARD MEMBER 1.00 X 0 0 0 EDWARD MAFOUND BOARD MEMBER 1.00 X 0 0 0 HENRY GUTMAN BOARD CHAIR 2.00 X X 0 0 0 HENRY T BERGER BOARD MEMBER 1.00 X 0 0 0 JANE MARSHALL BOARD MEMBER 1.00 X 0 0 0 JILLIAN JOSEPH BOARD MEMBER 1.00 X 0 0 0 JOEL LEITNER BOARD MEMBER 1.00 X 0 0 0 JOSEPH KOHL-RIGGS BOARD MEMBER 1.00 X 0 0 0 KEI HAYASHI BOARD MEMBER 1.00 X 0 0 0 LESTER W YOUNG JR BOARD MEMBER 1.00 X 0 0 0 LISA DAVIS BOARD MEMBER 1.00 X 0 0 0 LISA GOMEZ BOARD MEMBER 1.00 X 0 0 0 MEREIDITH KANE BOARD MEMBER 1.00 X 0 0 0 OFER COHEN BOARD MEMBER 1.00 X 0 0 0 RAMON PEGUERO BOARD MEMBER 1.00 X 0 0 0 RONALD MCCAIN BOARD MEMBER 1.00 X 0 0 0 ROTIMIT AKINNUOYE BOARD MEMBER 1.00 X 0 0 0 ROY A HASTICK SR BOARD MEMBER (OUTGOING) 1.00 X 0 0 0 STEVEN M SINACORI ESQ BOARD MEMBER 1.00 X 0 0 0 THOMAS MONTVEL-COHEN BOARD MEMBER (OUTGOING) 1.00 X 0 0 0 TONI YUILLE-WILLIAMS BOARD MEMBER 1.00 X 0 0 0 WENDY ROWDEN BOARD MEMBER 1.00 X 0 0 0 WILLIAM CRUZ BOARD MEMBER 1.00 X 0 0 0 WILLLIAM D TURNER BOARD MEMBER 1.00 X 0 0 0 DAVID EHRENBERG PRESIDENT AND CEO 35.00 X 297690 0 90273 JOHANNA GREENBAUM EVP, CHIEF OF STAFF AND CHIEF DEV OFFICER 35.00 X 234482 0 25828 NASER GJELOSHI EVP AND COO 35.00 X 220923 0 28597 PAUL KELLY GEN. COUNSEL AND EVP/SECRE 35.00 X 226261 0 74752 WIMAL ARIYAWANSA CFO AND EVP/TREASURER 35.00 X 227297 0 89559 ARI SCHNERIDERMAN VP OF INFO TECH 35.00 X 173014 0 31235 CARMINE A STABILE SR VP OF OPT. & INFR. 35.00 X 167394 0 79820 KERRY A KEEGAN SR VP OF DESIGN AND CONSTR 35.00 X 173679 0 45542 SHANI LEIBOWITZ SR VP OF PLANNING 35.00 X 168691 0 54693 TIFFANY TOWNSEND SR VP OF EXTERNAL AFFAIRS 35.00 X 170049 0 23367 2059480 0 543666 34 0 1 0 BROOKLYN URBAN PARTNERS LLC 15 WACHINGTON AVENUE BROOKLYN NY 11205 CONSTRUCTION SERVICES 10220062 VELOCITY ARCHITECTURAL SERVICES PLLC 42 WEST 39TH STREET 7TH FLOOR NEW YORK NY 10018 ARCHITECTURAL SERVICES 199304 2 9792385 9792385 RENTS 531390 41747645 41747645 UTILITIES 531390 6292649 6292649 FORGIVENESS OF DEBT 900099 3946240 3946240 INSURANCE 531390 772751 772751 INTEREST INCOME 900099 448029 448029 123922 123922 53331236 12250 0 12250 12250 12250 PROPERTY MANAGEMENT 900099 3900325 3900325 GROUND LEASE 900099 1000000 1000000 FILM SHOOTS 900099 169032 169032 173141 173141 5242498 68378369 58573734 0 12250 1563362 1563362 13831734 8689485 5142249 1216793 828490 388303 4670218 2809155 1861063 1158712 678754 479958 1139902 1139902 118753 118753 135884 1171 134713 220757 220757 344769 344769 1100028 1100028 15030238 15030238 6177037 6177037 20587488 20587488 2194309 2161040 33269 MATERIALS AND SUPPLIES 4814351 3481191 1333160 MISCELLANEOUS 2623422 2165889 457533 BAD DEBTS 1923199 1923199 CONTINGENCY 255041 255041 277858 37362 240496 79383855 64570499 14813356 0 2194 2100 14962653 22553916 2966336 2660191 3093362 7603176 37026559 37026559 2802106 1981749 511340912 249245101 275751527 262095811 157802139 217234571 51908063 553839308 543633704 6799101 7447990 24820512 26626588 144262079 143691517 6803898 5719377 182685590 183485472 X 0 0 0 0 371153718 360148232 371153718 360148232 553839308 543633704 -11005486 0 X X 0 1 X 1 1 1 X 48823350 14626490 51638955 18550148 13378625 147017568 48823350 40023877 43925016 47774696 49384996 229931935 97646700 54650367 95563971 66324844 62763621 376949503 0 0 0 376949503 1229936 193 249323 93671 12250 1585373 1229936 193 249323 93671 12250 1585373 1360251 953398 744635 5021982 5242498 13322764 100236887 55603958 96557929 71440497 68018369 391857640 0.96200 0.97570 0.00400 0.00480 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2016 AMOUNT: $ 1,360,251. 2017 AMOUNT: $ 953,398. 2018 AMOUNT: $ 336,846. 2019 AMOUNT: $ 274,149. 2020 AMOUNT: $ 56,743. FILM SHOOTS - 2018 AMOUNT: $ 251,805. 2019 AMOUNT: $ 127,500. 2020 AMOUNT: $ 169,032. PROPERTY MANAGEMENT - 2018 AMOUNT: $ 155,984. 2019 AMOUNT: $ 6,760. 2020 AMOUNT: $ 3,900,325. GROUND LEASE - 2019 AMOUNT: $ 627,169. 2020 AMOUNT: $ 1,000,000. FEES FROM TENANTS - 2019 AMOUNT: $ 24,413. SHARED SERVICE INCOME - 2019 AMOUNT: $ 26,228. GARBAGE REMOVAL - 2019 AMOUNT: $ 80,190. 2020 AMOUNT: $ 76,942. PERCENTAGE RENT - 2019 AMOUNT: $ 22,241. DEVELOPER FEE - 2019 AMOUNT: $ 3,833,332. STATE TAX REFUND - 2020 AMOUNT: $ 39,456. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 494964166 243384051 251580115 5718125 5383516 334609 10658621 477534 10181087 262095811 INVESTMENT IN AFFILIATES 157802139 C 157802139 DUE FROM AFFILIATES 18844058 RESTRICTED CASH 27433957 TENANTS' SECURITY DEPOSITS 5630048 51908063 TENANT'S SECURITY DEPOSITS 5308466 DEFERRED RENT LIABILITY 410911 5719377 90996799 22657886 22657886 68338913 39456 39456 68378369 100143903 20760048 20760048 79383855 0 79383855 PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' REVENUE 30,925,132. CONSOLIDATED ELIMINATIONS -8,267,246. PART XI, LINE 4B - OTHER ADJUSTMENTS: STATE TAX REFUND 39,456. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' EXPENSES 25,611,482. CONSOLIDATING ELIMINATIONS -4,811,978. STATE TAX REFUND -39,456. X X 0 0 0 0 0 0 0 0 0 DAVID EHRENBERG PRESIDENT AND CEO 297690 0 0 0 0 0 49084 0 41189 0 387963 0 0 0 WIMAL ARIYAWANSA CFO AND EVP/TREASURER 227297 0 0 0 0 0 38107 0 51452 0 316856 0 0 0 PAUL KELLY GEN. COUNSEL AND EVP/SECRE 226261 0 0 0 0 0 38107 0 36645 0 301013 0 0 0 JOHANNA GREENBAUM EVP, CHIEF OF STAFF AND CHIEF DEV OF 234482 0 0 0 0 0 25308 0 520 0 260310 0 0 0 NASER GJELOSHI EVP AND COO 220923 0 0 0 0 0 28597 0 0 0 249520 0 0 0 CARMINE A STABILE SR VP OF OPT. & INFR. 167394 0 0 0 0 0 27243 0 52577 0 247214 0 0 0 SHANI LEIBOWITZ SR VP OF PLANNING 168691 0 0 0 0 0 26801 0 27892 0 223384 0 0 0 KERRY A KEEGAN SR VP OF DESIGN AND CONSTR 173679 0 0 0 0 0 27636 0 17906 0 219221 0 0 0 ARI SCHNERIDERMAN VP OF INFO TECH 173014 0 0 0 0 0 27149 0 4086 0 204249 0 0 0 TIFFANY TOWNSEND SR VP OF EXTERNAL AFFAIRS 170049 0 0 0 0 0 22352 0 1015 0 193416 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS 33 MEMBERS. 29 MEMBERS WHO ARE APPOINTED BY THE MAYOR OF THE CITY OF NEW YORK, AND THE REMAINING 4 MEMBERS WERE THE FOUNDING MEMBERS ON JULY 1, 1992. FORM 990, PART VI, SECTION A, LINE 7A AT ALL TIMES, THERE SHALL BE AS MANY DIRECTORS AS THERE ARE MEMBES, AND EACH DIRECTOR SHALL BE A MAMBER. THE MEMBERS SHALL ELECT THEMSELVES AS DIRECTORS AT THE ANNUAL MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND IS REVIEWED BY THE BOARD OF DIRECTORS AND MANAGEMENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BNYDC OFFICERS, DIRECTORS AND KEY EMPLOYEES COMPLETE AND CERTIFY TO CONFLICTS OF INTEREST. BNYDC HUMAN RESOURCES OVERSEES COMPLETION BY ALL BNYDC EMPLOYEES OF A CONFLICT OF INTEREST QUESTIONNAIRE/CERTIFICATION. THE NYC CONFLICT OF INTEREST BOARD REQUIRES AND ADMINISTERS ANNUAL CERTIFICATION/DISCLOSURE STATEMENT OF ANY CONFLICTS OF INTEREST BY KEY EMPLOYEES, OFFICERS AND DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 WITH RESPECT TO COMPENSATION OF BNYDC'S CEO, THE CHAIRMAN OF THE BOARD OF DIRECTORS DETERMINES APPROPRIATE ANNUAL COMPENSATION FOR THE CEO ON AN ANNUAL BASIS USING (I) FORMAL AND INFORMAL INPUT ON THE CEO'S PERFORMANCE FROM THE CEO, OTHER DIRECTORS, OFFICERS AND/OR SENIOR MANAGEMENT; AND (II) DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE CHAIRMAN OF THE BOARD OF DIRECTORS THEN REVIEWS AND RECEIVES WRITTEN APPROVAL OF THIS DETERMINATION FROM A SUBSET OF THE BOARD OF DIRECTORS. BNYDC HUMAN RESOURCES OR THE CHAIRMAN OF THE BOARD DOCUMENTS AND RECORDS THE DELIBERATIONS AND DECISION ON THE CEO'S COMPENSATION. WITH RESPECT TO COMPENSATION OF OTHER BNYDC OFFICERS OR KEY EMPLOYEES, THE CEO DETERMINES APPROPRIATE ANNUAL COMPENSATION FOR THIS SET OF EMPLOYEES ON AN ANNUAL BASIS USING (I) FORMAL AND INFORMAL INPUT ON EACH KEY EMPLOYEE OR OFFICER'S PERFORMANCE FROM THE EMPLOYEE/OFFICER HIM OR HERSELF, THE BOARD DIRECTORS, OTHER OFFICERS AND/OR OTHER KEY EMPLOYEES; AND (II) DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE CEO THEN (I) REVIEWS AND RECEIVES WRITTEN APPROVAL OF THIS DETERMINATION FROM SENIOR MANAGEMENT (OTHER THAN THE EMPLOYEE IN CONSIDERATION), AND (II) THEN TAKES THIS TO THE CHAIRMAN OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BY THE CHAIRMAN AND A SUBSET OF THE BOARD OF DIRECTORS. BNYDC HUMAN RESOURCES DOCUMENTS AND RECORDS THE DELIBERATIONS AND DECISION ON THE COMPENSATION OF KEY EMPLOYEES AND OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC AT THE ORGANIZATIONS ADMINISTRATIVE OFFICE AND OTHER PUBLIC WEBSITES UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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