2021-05-17T14:14:13-07:00 2020-06-30 261726741 WATSONRICE LLP 5 PENN PLZ 15TH FL NEW YORK NY 10001 990 2019-07-01 112249649 RDC Commercial Center Inc RDCC 7186366938 1368 Fulton Street Brooklyn NY 11216 Colvin W Grannum President/Chair 2021-05-17 true Baruti Bediako CPA P00740658 2124477300 2019 2022-09-23 18:48:47Z Colvin W Grannum 1368 Fulton Street Brooklyn NY 11216 3976093 false X www.restorationplaza.org X 1992 NY To develop and operate commercial/rental facilities in Bedford Stuyvesant to combat urban decay, create jobs and business opportunities, and stimulate commercial revitalization. 6 1 22 4 0 0 3357493 3630911 235 362 468449 344820 3826177 3976093 0 0 2020886 2057808 0 0 2863318 2936979 4884204 4994787 -1058027 -1018694 16067520 15666858 25523327 25448329 -9455807 -9781471 To develop and operate commercial/rental facilities in Bedford Stuyvesant to combat urban decay, create jobs and business opportunities, and stimulate commercial revitalization. false false 4366162 3630911 To develop and operate commercial/rental facilities in bedford Stuyvesant to combat urban decay, create jobs and business opportunities and stimulate commercial revitalization. 4366162 true false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 18 0 true 22 true false false false false false false false 0 false false false false false false false false false false X 6 1 false false false false false false false true false false false true true true true true true true true false NY X Francila Carlson CFO of BSRC 7186366900 1368 Fulton Street Brooklyn NY 11216 Colvin W Grannum President/Chair 1.00 37.50 X X 0 273856 43333 Dyrnest Sinckler VP/ Vice Chair 37.00 1.00 X X 152783 0 32647 Chioma Ruth Onwumere Treasurer 1.00 35.00 X X 0 83324 10997 Clarence Stewart Vice President 35.00 1.50 X X 77348 0 9217 Doris Rowley Hoyte Secretary 1.00 35.00 X 0 58921 9910 Timothy Simons Member 1.00 1.00 X 0 0 0 230131 416101 106104 1 false true false Heightened Security 72 Brooklyn Avenue Brooklyn NY 11216 Security 203222 1 0 Rental Income 532000 3630911 3630911 3630911 362 362 0 0 0 0 0 0 0 Administrative Fees 900099 303083 303083 Other Income 900099 41737 41737 344820 3976093 3975731 362 0 0 0 0 239638 239638 0 1303922 799926 503996 17518 17518 420429 335898 84531 76301 60052 16249 0 10346 10346 51480 51480 0 0 0 388478 388478 2775 2775 697321 697321 0 0 511295 487446 23849 38 38 0 0 524352 524352 0 610705 610705 140189 140189 0 4994787 4366162 628625 0 26600 126285 0 0 564970 683934 0 0 0 0 3526571 3180481 29767689 18776137 11465635 10991552 0 0 0 0 483744 684606 16067520 15666858 1287604 821376 3007 36148 23634548 24032829 598168 557976 25523327 25448329 X -9455807 -9781471 -9455807 -9781471 16067520 15666858 -1018694 693030 X false false false X X 1 Bedford Stuyvesant Restoration Corp 116083182 7 false 0 0 1 0 true false false false false false false false false false false false false false false true false 628118 628118 25860198 16828662 9031536 2382095 1093926 1288169 868338 853549 14789 28940 28940 10991552 due to Parent and other affiliates 279315 Leaseback repurchase cost 100000 Tenant Security Deposit 178661 557976 X X X false false false false false false false false false Colvin W Grannum President/Chair 273856 43333 317189 Dyrnest Sinckler VP/ Vice Chair 152783 32647 185430 Form 990, Part VI, Line 11b: Form 990 Review Process The completed Form 990 is presented to the governing body for review as well as to, the Executive Vice President/Chief Financial Officer of Bedford Stuyvesant Restoration Corporation to ensure accuracy, completeness and consistency of information reported on the Form 990 and the audited financial statements. It is then reviewed by the President before it is filed. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Conflict of interest policy is addressed at board meetings. Management ensures that the conflict of interest is addressed at the annual board meeting and conflict of interest statements are signed annually by each board member. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The compensation for officers of RDC Commercial Center, Inc (RDCCC) is negotiated by the board president after reviewing comparability data. The President and Executive Vice President of RDCCC are salaried officers of BSRC. The Vice President and Secretary are salaried employees of RDC Commercial Center, Inc. The RDCCC board does not set salaries. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The governing documents, conflict of interest policy, and financial statements are made available to the public upon request. Bedford Stuyvesant Restoration Corporati 1368 Fulton Street Brooklyn NY 11216 116083182 Community Development NY 501(c)(3) 9 N/A false Restoration Capital Fund Inc 1368 Fulton Street Brooklyn NY 11216 113458791 COMMUNITY IMPRVMT.CAPACITY BUILDING/ECO DEV NY 501(c)(3) 7 N/A false BSRC Neighborhood Home HDFC 1368 Fulton Street BROOKLYN NY 11216 760703840 Development of Affordable Housing NY APPLIED FO APPLIED FOR N/A false BSR HOUSING DEVELOPMENT FUND COMPANY IN 1368 FULTON STREET BROOKLYN NY 11216 112249289 Creation & Maint. of Affordable Housing NY 501(c)(3) 7 N/A false Restore Housing Development Fund Corp 1368 Fulton Street Brooklyn NY 11216 237191990 Creation/Maintenance of Affordable Housing NY 501(c)(3) 7 N/A false Greene Avenue Housing Development Fund C 1368 Fulton Street Brooklyn NY 11216 112468657 LOW INCOME HOUSING NY 501(c)(3) 7 N/A false 1921-25 Fulton Street Housing Developmen 1368 Fulton Street Brooklyn NY 11216 113098194 Creation & Maintenance of Affordable Housing NY 501(c)(3) 7 N/A false RDC of Bedford Stuyvesant Inc 1368 Fulton Street Brooklyn NY 11216 112242720 Developer NY N/A C CORP false CDR Management Corporation 1368 Fulton Street Brooklyn NY 11216 113138642 Managing Agent NY N/A C Corp false The Platinum Factory Inc 1368 Fulton Street Brooklyn NY 11216 113186969 Recording Studio NY N/A C Corp false Restoration Supermarket Corp 1368 Fulton Street Brooklyn NY 11216 112491093 Supermarket NY N/A C Corp false false false false false false false false false false true false false false true true false false false false