2020-06-29T15:17:33-05:00 2019-06-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2018-07-01 112137138 BROOKLYN NAVY YARD DEVELOPMENT CORP BROO 7189075931 141 FLUSHING AVENUE NO 801 BROOKLYN NY 11205 WILMAL ARIYAWANSA CFO EVP 7189075931 2020-06-29 1 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2020-06-29 24.146.222.31 2020-06-29 10:05:45 ED P 247373B3584596D327718BBD51A63269730041C6 F7BBFA6259344C32E569AC7E54D1F40DDD1EEA94 2018 2020-04-17 16:48:07Z DAVID EHRENBERG 141 FLUSHING AVENUE NO 801 BROOKLYN NY 11205 96557932 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. 25 25 435 25 0 0 14626490 51638955 40023877 43925019 193 0 953398 993958 55603958 96557932 0 0 0 0 18606209 21121842 0 0 0 41541377 42569708 60147586 63691550 -4543628 32866382 516629941 561974070 151880525 193471686 364749416 368502384 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 49098405 44297421 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. 49098405 1 1 0 0 0 0 0 0 0 0 1 0 0 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 0 0 0 1 62 0 1 435 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 1 1 1 NY X WILMAL ARIYAWANSA CFOEVP 7189075931 63 FLUSHING AVENUE BROOKLYN NY 11205 ABBY HAMLIN BOARD MEMBER 1.00 X 0 0 0 ADAM FRIEDMAN 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 CARLO A SCISSURA BOARD MEMBER 1.00 X 0 0 0 DANIEL MCQUADE 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 LISA DAVIS 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 ROY A HASTICK SR BOARD MEMBER 1.00 X 0 0 0 STEVEN M SINACORI ESQ BOARD MEMBER 1.00 X 0 0 0 THOMAS MONTVEL-COHEN BOARD MEMBER 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 CLARE NEWMAN CHIEFF OF STAFF & CHIEF DEV. 35.00 X 207752 0 78453 DAVID EHRENBERG PRESIDENT AND CEO 35.00 X 260402 0 87263 JOCELYNNE RAINEY CHIEF ADMIN. OFCR AND EVP 35.00 X 230259 0 37062 MICHAEL KELLY CHIEF OPERATION OFCR 35.00 X 169788 0 11116 PAUL KELLY GEN. COUNSEL AND EVP/SECRETARY 35.00 X 205351 0 68813 WIMAL ARIYAWANSA CFO AND EVP/TREASURER 35.00 X 206251 0 75980 CARMINE A STABILE SR VP OF OPT. & INFR. 35.00 X 164957 0 74669 JAMES CORLEY JR VP OF CONSTR. MGT 35.00 X 197973 0 54677 KERRY A KEEGAN SR VP OF DESIGN AND CONSTR. 35.00 X 167580 0 44365 NASER GJELOSHI SR VP OF PROPERTY MGT 35.00 X 162109 0 18059 SHANI LEIBOWITZ SR VP OF PLANNING 35.00 X 161690 0 60932 2134112 0 611389 24 0 1 0 RADISH LAB LLC 304 BOERUM STREET BROOKLYN NY 11206 LABORATORY SERVICES 209250 SMITH-MILLER & HAWKINSON LLP 305 CANAL STREET NEW YORK NY 10013 LEGAL SERVICES 190292 RUSSELL MAKOWSKY BUILDING 202 UNIT 300 63 FLUSHING NEW YORK NY 11205 CONSULTING 168812 JFK&M CONSULTING GROUP LLC 134 W 37TH STREET NEW YORK NY 10018 CONSULTING 152261 VENATOR ADVISORS LLC PO BOX 7433 FREEHOLD NJ 07728 CONSULTING 149000 9 50531033 1107922 51638955 RENTS 531390 36266635 36266635 UTILITIES 531390 5576275 5576275 INTEREST INCOME 900099 1454125 1454125 TENANT REIMBURSABLE CHARGES 531390 627984 627984 43925019 249323 0 249323 249323 249323 OTHER INCOME 900099 336846 336846 FILM SHOOTS 900099 251805 251805 PROPERTY MANAGEMENT 900099 155984 155984 744635 96557932 44261865 0 657112 1840837 1840837 13126478 8800151 4326327 1001406 708907 292499 3435902 2166798 1269104 1717219 1021708 695511 583572 583572 1515426 136462 1378964 230409 230409 445047 445047 1651920 1651920 5888310 5888310 206091 206091 5251456 5251456 19023545 19023545 1485021 1458759 26262 MATERIALS, SUPPLIES AND 3876769 3876769 VEHICLE EXPENSE 666264 666264 BAD DEBTS 456172 456172 MISCELLANEOUS 428095 428095 861611 309368 552243 63691550 49098405 14593145 0 1800 1800 785862 2992792 4954958 8803270 2006101 2611174 50555886 51140099 1320802 1165499 473975297 209801383 266260356 264173914 190744176 231085522 516629941 561974070 5054527 7107401 6782882 45384335 132787050 132383108 7256066 8596842 151880525 193471686 X 0 0 0 0 364749416 368502384 364749416 368502384 516629941 561974070 32866382 -29113414 0 X X 0 1 X 1 1 1 X 20620073 70927640 48823350 14626490 55682231 210679784 33887598 35385218 48823350 40023877 45552786 203672829 54507671 106312858 97646700 54650367 101235017 414352613 0 0 0 414352613 252696 488081 1229936 193 249323 2220229 252696 488081 1229936 193 249323 2220229 340623 1360251 953398 744635 3398907 54760367 107141562 100236887 55603958 102228975 419971749 0.98660 0.99350 0.00530 0.01000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2015 AMOUNT: $ 340,623. 2016 AMOUNT: $ 1,360,251. 2017 AMOUNT: $ 953,398. 2018 AMOUNT: $ 336,846. FILM SHOOTS - 2018 AMOUNT: $ 251,805. PROPERTY MANAGEMENT - 2018 AMOUNT: $ 155,984. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 441792216 204881431 236910785 6145033 4797060 1347973 26038048 122892 25915156 264173914 DUE FROM AFFILIATES 26486648 INVESTMENT IN AFFILIATES 154970485 RESTRICTED CASH 44583953 TENANTS' SECURITY DEPOSITS 5044436 231085522 TENANT'S SECURITY DEPOSITS 4739879 DEFERRED RENT LIABILITY 3856963 8596842 115433558 18875626 18875626 96557932 0 96557932 87160540 166688 23302302 23468990 63691550 0 63691550 PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' REVENUE 23,800,180. COLSOLIDATING ELIMINATIONS -10,595,597. PRIOR YEAR ADJUSTMENT 5,671,043. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' EXPENSES 18,661,989. CONSOLIDATING ELIMINATIONS 4,640,313. X X 0 0 0 0 0 0 0 0 0 CLARE NEWMAN CHIEFF OF STAFF & CHIEF DEV. 207752 0 0 0 0 0 31241 0 47212 0 286205 0 0 0 DAVID EHRENBERG PRESIDENT AND CEO 260402 0 0 0 0 0 40730 0 46533 0 347665 0 0 0 JOCELYNNE RAINEY CHIEF ADMIN. OFCR AND EVP 212462 0 0 0 17797 0 34724 0 2338 0 267321 0 0 0 MICHAEL KELLY CHIEF OPERATION OFCR 169788 0 0 0 0 0 0 0 11116 0 180904 0 0 0 PAUL KELLY GEN. COUNSEL AND EVP/SECRETARY 205351 0 0 0 0 0 31984 0 36829 0 274164 0 0 0 WIMAL ARIYAWANSA CFO AND EVP/TREASURER 206251 0 0 0 0 0 27397 0 48583 0 282231 0 0 0 CARMINE A STABILE SR VP OF OPT. & INFR. 164957 0 0 0 0 0 25587 0 49082 0 239626 0 0 0 JAMES CORLEY JR VP OF CONSTR. MGT 197973 0 0 0 0 0 22554 0 32123 0 252650 0 0 0 KERRY A KEEGAN SR VP OF DESIGN AND CONSTR. 167580 0 0 0 0 0 25308 0 19057 0 211945 0 0 0 NASER GJELOSHI SR VP OF PROPERTY MGT 162109 0 0 0 0 0 18059 0 0 0 180168 0 0 0 SHANI LEIBOWITZ SR VP OF PLANNING 161690 0 0 0 0 0 24573 0 36359 0 222622 0 0 0 PART II, COLUMN (B)(III) THE AMOUNT IN THIS COLUMN FOR JOCELYNNE RAINY REPRESENTS TUITION REIMBURSEMENT. 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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