BROOKLYN NAVY YARD DEVELOPMENT CORPORATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
BROOKLYN NAVY YARD DEVELOPMENT CORPORATION (EIN 11-2137138)
Tax period
2013-07-01 to 2014-06-30
Filed
2014-11-14
IRS object ID
201413189349303406
Schema version
2013v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2014-11-14T08:40:32-08:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Deans Archer & Co CPA'sBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1265 E MERRICK RD STE 205AddressLine1
CityValley StreamCity
StateNYState
ZIP Code115806004ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN112137138EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BROOKLYN NAVY YARD DEVELOPMENT CORPBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlBROOBusinessNameControlTxt
Phone7189075931PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line163 FLUSHING AVENUE UNIT 300AddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11205ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN MADONIAPersonNm
Person TitleEXECUTIVE VP./CFOPersonTitleTxt
Phone7189075931PhoneNum
Signature2014-10-20SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL ARCHERPreparerPersonNm
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID EHRENBERGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line163 FLUSHING AVENUEAddressLine1
CityBROOKLYNCity
StateNYState
ZIP Code11205ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$55,514,837GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.Brooklynnavyyard.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1966FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTo 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.ActivityOrMissionDesc
Voting Members Governing Body31VotingMembersGoverningBodyCnt
Voting Members Independent31VotingMembersIndependentCnt
Total Employee301TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$21,706,830PYContributionsGrantsAmt
CY Contributions Grants$20,620,073CYContributionsGrantsAmt
PY Program Service Revenue$32,170,462PYProgramServiceRevenueAmt
CY Program Service Revenue$33,887,598CYProgramServiceRevenueAmt
PY Investment Income$115,461PYInvestmentIncomeAmt
CY Investment Income$252,696CYInvestmentIncomeAmt
PY Other Revenue$375,959PYOtherRevenueAmt
CY Other Revenue$754,470CYOtherRevenueAmt
PY Total Revenue$54,368,712PYTotalRevenueAmt
CY Total Revenue$55,514,837CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$13,207,365PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$13,746,187CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$28,274,045PYOtherExpensesAmt
CY Other Expenses$32,190,971CYOtherExpensesAmt
PY Total Expenses$41,481,410PYTotalExpensesAmt
CY Total Expenses$45,937,158CYTotalExpensesAmt
PY Revenues Less Expenses$12,887,302PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$9,577,679CYRevenuesLessExpensesAmt
Total Assets BOY$403,720,300TotalAssetsBOYAmt
Total Assets EOY$422,688,353TotalAssetsEOYAmt
Total Liabilities BOY$140,477,338TotalLiabilitiesBOYAmt
Total Liabilities EOY$149,867,712TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$263,242,962NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$272,820,641NetAssetsOrFundBalancesEOYAmt
MissionTo manage the Brooklyn Navy YardMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$38,895,006ExpenseAmt
Revenue$35,076,968RevenueAmt
DescTO EXPAND JOB OPPORTUNITIES FOR NEW YORKERS BY FOSTERING THE DEVELOPMENT OF SMALL BUSINESSES.Desc
Total Program Service Expenses$38,895,006TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document30IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee301EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members31GoverningBodyVotingMembersCnt
Independent Voting Member31IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnfalseAnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VentureYes (true)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (true)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonGAFFAR MOHAMEDPersonNm
Phone7189075931PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line163 Flushing AveAddressLine1
CityBrooklynCity
StateNYState
ZIP Code11205ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ALAN H FISHMAN
CHAIRMAN2.00Yes (X)$0$0$0
ALBERT C WILTSHIRE
VICE CHAIRMAN1.00Yes (X)$0$0$0
STEVEN M SINACORI ESQ
BOARD MEMBER1.00Yes (X)$0$0$0
TONI YUILLE-WILLIAMS
BOARD MEMBER1.00Yes (X)$0$0$0
JED WALENTAS
BOARD MEMBER1.00Yes (X)$0$0$0
ERIC J DEUTSCH
BOARD MEMBER1.00Yes (X)$0$0$0
HUGH J FREUND
BOARD MEMBER1.00Yes (X)$0$0$0
STEVEN HAFT
BOARD MEMBER1.00Yes (X)$0$0$0
GLENN MARKMAN
BOARD MEMBER1.00Yes (X)$0$0$0
WILLIAM ETURNER
BOARD MEMBER1.00Yes (X)$0$0$0
CARLO A SCISSURA
BOARD MEMBER1.00Yes (X)$0$0$0
PETER W DAVIDSON
BOARD MEMBER1.00Yes (X)$0$0$0
CRYSTAL BOBB-SEMPLE
BOARD MEMBER1.00Yes (X)$0$0$0
JANE MARSHALL
BOARD MEMBER1.00Yes (X)$0$0$0
WIILIAM CRUZ
BOARD MEMBER1Yes (X)
ADAM FRIEDMAN
BOARD MEMBER1Yes (X)
AMANI MARTIN
BOARD MEMBER1Yes (X)
ALEXANDER NOJOVITS
BOARD MEMBER1Yes (X)
ROY A HASTICK SR
BOARD MEMBER1Yes (X)
ROSS F MOSKOWITZ
BOARD MEMBER1Yes (X)
THOMAS MONTVEL-COHEN
BOARD MEMBER1Yes (X)
DAVID KRAMER
BOARD MEMBER1Yes (X)
FRED A KREIZMAN
BOARD MEMBER1Yes (X)
PUAL LAMAS
BOARD MEMBER1Yes (X)
RONALD MCCAIN
BOARD MEMBER1Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,292,453TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K19IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
PLAZA CONSTRUCTION CORP
48-44 CLEARVIEW EXPRESSWAYBAYSIDENY11364CONSTRUCTION$12,727,851
YONKERS ELECTRIC CONTRACTING CORP
145 SAW MILL RIVER ROADYONKERSNY10701CONSTRUCTION$4,905,818
INTER CONTRACTING CORP
50 NELSON ROADSCARSDALENY10583CONSTRUCTION$1,461,433
BEYER BLINDER BELLE ARCHITECTS & PLANNERS LLC
41 EAST 11TH STREETNEW YORKNY10003PROFESSIONAL SVCS$1,090,722
ROBINSON ELEVATOR LLC
652 RAHWAY AVENUEUNIONNJ07083CONSTRUCTION$1,136,813
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K33CntrctRcvdGreaterThan100KCnt
Related Organizations$2,974,335RelatedOrganizationsAmt
Government Grants$17,210,838GovernmentGrantsAmt
All Other Contributions$434,900AllOtherContributionsAmt
Total Contributions$20,620,073TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmt
RENTS531120$28,302,637
UTILITIES531390$5,584,961
FieldValueIRS element (for citing)
Total Program Service Revenue$33,887,598TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$252,696TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business531390BusinessCd
Total Revenue Column$754,470TotalRevenueColumnAmt
Related Or Exempt Func Income$754,470RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$754,470OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$55,514,837TotalRevenueColumnAmt
Related Or Exempt Func Income$34,894,764RelatedOrExemptFuncIncomeAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$617,889TotalAmt
Program Services$0ProgramServicesAmt
Management And General$617,889ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$8,562,296TotalAmt
Program Services$5,791,674ProgramServicesAmt
Management And General$2,770,622ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,630,899TotalAmt
Program Services$2,301,471ProgramServicesAmt
Management And General$1,329,428ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$935,103TotalAmt
Program Services$579,167ProgramServicesAmt
Management And General$355,936ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$468,133TotalAmt
Program Services$0ProgramServicesAmt
Management And General$468,133ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$38,450TotalAmt
Program Services$0ProgramServicesAmt
Management And General$38,450ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$183,034TotalAmt
Program Services$0ProgramServicesAmt
Management And General$183,034ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$197,937TotalAmt
Program Services$0ProgramServicesAmt
Management And General$197,937ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$350,394TotalAmt
Program Services$0ProgramServicesAmt
Management And General$350,394ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,581TotalAmt
Program Services$0ProgramServicesAmt
Management And General$1,581ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$756,054TotalAmt
Program Services$756,054ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$15,446,743TotalAmt
Program Services$15,446,743ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,375,198TotalAmt
Program Services$1,375,198ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MATERIALS,SUPPLIES & BUILDING REPAIRS$2,844,602$2,844,602$0$0
BAD DEBT EXPENSE$1,788,996$1,788,996$0$0
DIRECTOR'S LIABILITY INSURANCE$10,000$0$10,000$0
CORPORATE EXPENSE$80,188$0$80,188$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,649,661TotalAmt
Program Services$8,011,101ProgramServicesAmt
Management And General$638,560ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$45,937,158TotalAmt
Program Services$38,895,006ProgramServicesAmt
Management And General$7,042,152ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,050BOYAmt
EOY$1,050EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$83,333,217BOYAmt
EOY$81,960,703EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$10,311,637BOYAmt
EOY$9,322,134EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,811,286BOYAmt
EOY$1,215,261EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$17,687,500BOYAmt
EOY$17,687,500EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$818,410BOYAmt
EOY$1,190,362EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$435,205,210LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$127,126,847LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$286,951,760BOYAmt
EOY$308,078,363EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,805,440BOYAmt
EOY$3,232,980EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$403,720,300BOYAmt
EOY$422,688,353EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,973,583BOYAmt
EOY$3,820,442EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$9,092,221BOYAmt
EOY$16,719,308EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$125,320,000BOYAmt
EOY$125,820,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,091,534BOYAmt
EOY$3,507,962EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$140,477,338BOYAmt
EOY$149,867,712EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$263,242,962BOYAmt
EOY$272,820,641EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$263,242,962BOYAmt
EOY$272,820,641EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$403,720,300BOYAmt
EOY$422,688,353EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$9,577,679ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind
Public Support Total170$0PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support CY1700PublicSupportCY170Pct

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$18,096,214CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$27,416,227CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$27,492,770CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$21,706,830CurrentTaxYearMinus1YearAmt
Current Tax Year$20,620,073CurrentTaxYearAmt
Total$115,332,114TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,824,498CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$29,654,803CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$31,075,132CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$32,170,462CurrentTaxYearMinus1YearAmt
Current Tax Year$33,887,598CurrentTaxYearAmt
Total$153,612,493TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,920,712CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$57,071,030CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$58,567,902CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,877,292CurrentTaxYearMinus1YearAmt
Current Tax Year$54,507,671CurrentTaxYearAmt
Total$268,944,607TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,380,573CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,632,007CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,135,864CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,021,987CurrentTaxYearMinus1YearAmt
Current Tax Year$15,211,176CurrentTaxYearAmt
Total$55,381,607TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,380,573CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,632,007CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,135,864CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,021,987CurrentTaxYearMinus1YearAmt
Current Tax Year$15,211,176CurrentTaxYearAmt
Total$55,381,607TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$213,563,000PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$451,651CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$195,623CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,098CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$115,461CurrentTaxYearMinus1YearAmt
Current Tax Year$252,696CurrentTaxYearAmt
Total$1,043,529TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$451,651CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$195,623CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,098CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$115,461CurrentTaxYearMinus1YearAmt
Current Tax Year$252,696CurrentTaxYearAmt
Total$1,043,529TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Total$269,988,136TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.79100PublicSupportCY509Pct
Public Support PY5090.82340PublicSupportPY509Pct
Investment Income CY0.00390InvestmentIncomeCYPct
Investment Income PY0.00330InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$432,019,220InvestmentCostOrOtherBasisAmt
Depreciation$124,414,584DepreciationAmt
Book Value$307,604,636BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,253,644InvestmentCostOrOtherBasisAmt
Depreciation$1,071,855DepreciationAmt
Book Value$181,789BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,932,346InvestmentCostOrOtherBasisAmt
Depreciation$1,640,408DepreciationAmt
Book Value$291,938BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$308,078,363TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DEFFERRED REVENUE$274,982
TENANT SECURITY DEPOSITS$3,232,980
FieldValueIRS element (for citing)
Total Liability$3,507,962TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$55,514,837TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$55,514,837RevenueSubtotalAmt
Total Revenue Per Form990$55,514,837TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$45,937,158TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$45,937,158ExpensesSubtotalAmt
Total Expenses Per Form990$45,937,158TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt III Line 4Historic Maps, Photograghs, Ephemera and Artifacts related to the Brooklyn Navy Yard. These provide valuable resources in understanding the Brooklyn Navy Yard and facilitate its efforts to revitalize the economy and create jobs.
Part VI line 1eMachinery and Vehiles

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
DANIEL CONLON
$201,602$33,793$235,395
ELLIOT MATZ
$191,270$31,938$223,208
BERNARD DUSHMAN
$166,055$27,103$193,158
DAVID EHRENBERG
$58,962$7,188$66,150

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 19Upon request we provide our financial statements
Pt VI, Line 11bForm 990 is reviewed by staff and management before filing
Pt VI, Line 7aSince BNYDC is a membership organization, once a year, the Members meet and elect themselves as the Board of Directors
Pt XIOther changes in net assets represent extraordinary loss from super storm Sandy
Form 990, Part IX, Line 24fGASOLINE 156608. 0. 156608. 0. AUTO 155003. 0. 155003. 0. EDUCATION & TRAINING 35733. 0. 35733. 0. MISCELLANEOUS EXP 48866. 0. 48866. 0. UTILITIES EXPENSE 8011101. 8011101. 0. 0. COMMUNITY EMPLOYMENT 242350. 0. 242350. 0.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Entity TypeEntityTypeTxtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndShare Of EOY AssetsShareOfEOYAssetsAmt
GMC BROOKLYN INC
63 FLUSHING AVENUEBROOKLYNNY11205455599733FINANCING CONST. MGMTNYBNYDCC1.00000false
GMC MASTER TENANT LLC
63 FLUSHING AVEENUEBROOKLYNNY11205800837157FINANCING CONST.MGMTNYBNYDCS0.01000false$1
GMC LANDLORD LLC
63 FLUSHING AVENUEBROOKLYNNY11205900871426FINANCING CONST. MGMTNYBNYDCS0.90000false$90
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

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