2013-05-15T13:42:34-07:00 2012-06-30 TCBA WATSON RICE LLP 5 PENN PLAZA 15TH FL NEW YORK NY 100011810 990 2011-07-01 112249649 RDC Commercial Center Inc RDCC 7186366938 1368 Fulton Street Brooklyn NY 11216 Colvin W Grannum 2013-05-15 true CAZEMBE BEKTEMBA CPA 2124477300 2011 2016-02-24 21:20:13Z Colvin W Grannum 1368 Fulton Street Brooklyn NY 11216 3723256 false false X www.restorationplaza.org X 1992 NY To develop and operate commercial/rental facilities in Brooklyn to combat urban decay, create jobs and business opportunities and stimulate commercial revitalization. 5 2 18 2 0 1758466 733900 2907304 2887320 4294 1835 67944 100201 4738008 3723256 0 0 894239 1435076 0 0 2615419 1934890 3509658 3369966 1228350 353290 18165589 18380237 19182799 19044157 -1017210 -663920 To develop and operate commercial/rental facilities in Brooklyn to combat urban decay, create jobs and business opportunities and stimulate commercial revitalization. false false 2690015 2887320 To develop and operate commercial/rental facilities in Brooklyn to combat urban decay, create jobs and business opportunities and stimulate commercial revitalization. 2690015 true true false false false false false false false false true false false false true true true true 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 false false false true false false false false true 4 0 true 18 true false false false false false false false false false false false 0 false false false false false false false false false false false X 5 2 false false false false false false false true false false false false true true true true true true true true false false NY X Francila Carlson CFO - 7186366900 1368 Fulton Street Brooklyn NY 11216 X Kira Watson LeBlanc Esq 1.00 X 0 0 0 Timothy Simons 1.00 X 0 0 0 Doris Rowley Hoyte 1.00 X X 0 55148 13957 Dyrnest Sinckler 1.00 X X 0 147712 18315 Colvin W Grannum 1.00 X X 0 234469 1112 Wadiyah A Latif 35.00 X 50585 0 13740 Clarence Stewart 35.00 X 72038 0 7055 122623 437329 54179 0 false true false Procida Construction Corp 456 East 173rd Street Bronx NY 10457 Construction 1051234 Heightened Security 72 Brooklyn Avenue Brooklyn NY 11216 Security 231201 2 733900 733900 Rental Income 532000 2887320 2887320 2887320 1835 1835 0 0 0 0 0 0 0 Other Income 900099 37436 37436 Administrative Fees 900099 62765 62765 100201 3723256 2987521 1835 0 0 0 0 80145 80145 0 1007285 468095 539190 21741 21741 253682 197439 56243 72223 72223 0 21586 21586 68214 68214 0 0 0 445686 445686 0 74699 74699 0 0 612375 527857 84518 1523 1523 0 0 7374 7374 0 157642 157642 80290 80290 OTHER 12500 12500 Bad Debt 107914 107914 REPAIRS AND MAINTENANCE 345087 345087 0 3369966 2690015 679951 0 397523 136778 500661 395010 931633 410847 653165 447306 0 0 0 0 3458633 3579547 27240779 14139417 11940798 13101362 0 0 0 0 283176 309387 18165589 18380237 1066419 1187164 31185 20257 15972517 15770463 2112678 2066273 19182799 19044157 X -1017210 -663920 -1017210 -663920 18165589 18380237 353290 X false true true X false false X X X false false false Bedford Stuyvesant Restoration Corp 116083182 7 false false true 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 628118 628118 12262186 12262186 1717401 1295318 422083 655989 581913 74076 11977085 11977085 13101362 Tenant Security Deposit 170606 Leaseback repurchase cost 85000 Due to Parent and other affiliates 1722817 Brokerage fee 87850 2066273 3723256 3369966 353290 353290 3723256 3723256 3723256 3369966 3369966 3369966 Part X Part X : FIN48 Footnote The Company adopted the provisions pertaining to uncertain tax provisions (ASC Topic 740). The adoptions of ASC 740 did not have any impact on the Company's financial statements because there were no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. X X X false false false false false false false false false false Dyrnest Sinckler 147712 18315 166027 Colvin W Grannum 234469 1112 235581 Form 990, Part VI, Line 19 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. Form 990, Part VI, Line 15b 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, Executive Vice President and Treasurer of RDCCC are salaried officers of BSRC. The Vice President and Secretary are salaried employees of RDC Commercial Center, Inc. Form 990, Part VI, Line 12c 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 11 Form 990, Part VI, Line 11: Form 990 Review Process The completed Form 990 is presented to the governing body for review. The review is conducted by the Executive Vice President and Chief Financial Officer to ensure accuracy, completeness and consistency of information presented on the Form 990 and the audited financial statements. It is then reviewed by the President before it is filed. 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 Greene Avenue Housing Development Fund C 1368 Fulton Street Brooklyn NY 11216 112468657 LOW INCOME HOUSING NY 501(c)(3) 7 N/A false Restore Housing Devevelopment Fund Corp 1368 Fulton Street Brooklyn NY 11216 237191990 Creation/Maintenance of Affordable Housing NY 501(c)(3) 7 N/A false BSR HOUSING DEVELOPMENT FUND COMPANY IN 1368 FULTON STREET BROOKLYN NY 11216 112249289 Creation & Maintenance of Affordable Housing 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 Restoration Capital Fund Inc 1368 Fulton Street Brooklyn NY 11216 113458791 COMMUNITY IMPROVEMENT.CAPACITY BUILDING/ECONOMIC DEVELOPMENT NY 501(c)(3) 7 N/A false Bedford Stuyvesant Restoration Corporati 1368 Fulton Street Brooklyn NY 11216 116083182 Community Development NY 501(c)(3) 9 N/A false Restoration Supermarket Corp 1380 Fulton Street Brooklyn NY 11216 112491093 Supermarket NY N/A C Corp The Platinum Factory Inc 1368 Fulton Street Brooklyn NY 11216 113186969 Recording Studio NY N/A C Corp CDR Management Corproation 20 New York Avenue Brooklyn NY 11216 113138642 Managing Agent NY N/A C Corp RDC of Bedford Stuyvesant Inc 1368 Fulton Street Brooklyn NY 11216 112242720 Developer NY N/A C CORP false false false false true false false false false false false true true false false false false false