2026-01-30T13:53:52-06:00 2025-06-30 873707167 CBIZ ADVISORS LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2024-07-01 112137138 BROOKLYN NAVY YARD DEVELOPMENT CORP BROO 7189075931 141 FLUSHING AVENUE 801 BROOKLYN NY 11205 WIMAL ARIYAWANSA CFO EVP 7189075931 2026-01-19 1 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2026-01-19 2024 2025-03-06 01:10:19Z LINDSAY GREENE 141 FLUSHING AVENUE 801 BROOKLYN NY 11205 157153274 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. 27 27 402 27 0 0 55451281 82218580 69310247 67463039 2969110 2824361 1829659 4647294 129560297 157153274 0 0 0 0 28602358 29494422 0 0 0 72074853 67251394 100677211 96745816 28883086 60407458 1070805485 1084013549 676543900 630103969 394261585 453909580 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 74737269 73006421 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. 74737269 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 0 0 0 1 293 0 1 402 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 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 ADAM FREIDMAN BOARD MEMBER 1.00 X 0 0 0 ALEXANDER NOJOVITS BOARD MEMBER 1.00 X 0 0 0 AMANI MARTIN BOARD MEMBER (OUTGOING) 1.00 X 0 0 0 BILL D TURNER BOARD MEMBER (OUTGOING) 1.00 X 0 0 0 BLAKE FOOTE 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 EDWARD MAFOUND BOARD MEMBER 1.00 X 0 0 0 GABRIELLE FIALKOFF BOARD MEMBER 1.00 X 0 0 0 HANK GUTMAN BOARD CHAIR 2.00 X X 0 0 0 HENRY T BERGER BOARD MEMBER (OUTGOING) 1.00 X 0 0 0 JILLIAN JOSEPH VICE CHAIR 1.00 X X 0 0 0 JOCELYNNE RAINEY 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 LEAH ARCHIBALD BOARD MEMBER 1.00 X 0 0 0 LESTER W YOUNG JR BOARD MEMBER (OUTGOING) 1.00 X 0 0 0 LISA DAVIS BOARD MEMBER 1.00 X 0 0 0 MARCO CARRION BOARD MEMBER 1.00 X 0 0 0 MARK CHAMBERS 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 SAM STERN BOARD MEMBER 1.00 X 0 0 0 STEVEN M SINACORI ESQ 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 BRIAN DREW LINETT SR. VP, CONTROLLER 35.00 X 201153 0 90475 GBENGA DAWODU CREO (TERM 04/11/25) 35.00 X 265497 0 77650 LINDSAY GREENE PRESIDENT AND CEO 35.00 X 287172 0 112682 NASER GJELOSHI EVP AND COO 35.00 X 277192 0 45110 PAUL KELLY GEN. COUNSEL AND EVP 35.00 X 268956 0 51635 SHANNY SPRAUS-REINHARDT CHIEF IMPACT OFFICER & EVP 35.00 X 264212 0 90268 SUSIE KIM DEPUTY GENERAL COUNSEL 35.00 X 195111 0 90286 WIMAL ARIYAWANSA CFO AND EVP 35.00 X 267364 0 102434 ARI SCHNEIDERMAN SR. VP, TECHNOLOGY 35.00 X 212825 0 38074 CARMINE A STABILE SVP, OPS & INFRA 35.00 X 203761 0 84566 JOSEPH AARON COLISTA SR.VP, LEASING 35.00 X 185383 0 82200 KERRY A KEEGAN SR. VP, DESIGN & CONSTRUCTION 35.00 X 207776 0 51481 SHANI LEIBOWITZ SR. VP, PLANNING & TRANS. 35.00 X 204299 0 66864 SIMONE ROBINSON-BARNETT SR. VP, PROPERTY MANAGEMENT 35.00 X 200067 0 73508 HAMZA TAIPOVIC CHIEF ENGINEER 35.00 X 185335 0 79115 JOHN COBURN VP, LEAD ARCHITECT 35.00 X 172021 0 79462 JOYCE DIVERCE SVP OF IMPACT & PARTNERSHIPS 35.00 X 185882 0 61966 MATTHEW HARRISON SR. VP, DEVELOPMENT 35.00 X 196726 0 85895 MINDEN KOOPMANS CHIEF OF STAFF 35.00 X 169595 0 60147 4150327 0 1423818 62 0 1 0 BLACKHAWK DATA LLC 505 8TH AVE SUITE 12A-03 NEW YORK NY 10018 CONSULTING SERVICES 526038 SPACESMITH LLP LLPONE NEW YORK PLAZA NEW YORK NY 10004 ARCHITECTURAL SERVICES 508688 CDW DIRECT LLC PO BOX 75723 CHICAGO IL 60675 IT SERVICES 232626 JFK&M CONSULTING GROUP LLC 134 W 37TH STREET NEW YORK NY 10018 CONSULTING SERVICES 217141 MITOFSKY SHAPIRO NEVILLE & HAZEN LLP 152 MADISON AVENUE 3RD FLOOR NEW YORK NY 10016 LEGAL SERVICES 164130 6 14890000 66537133 791447 82218580 RENTS 531390 39302412 39302412 INTEREST LEASES 531390 17483840 17483840 UTILITIES 531390 8535481 8535481 INSURANCE 531390 1838762 1838762 TENANT REIMBURSABLE CHARGES 531390 302544 302544 67463039 1309553 1309553 618720 0 618720 618720 618720 1514808 0 1514808 1514808 1514808 PROPERTY MANAGEMENT 900099 2834465 2834465 OTHER INCOME 900099 621206 621206 GARBAGE REMOVAL 900099 294973 294973 277930 277930 4028574 157153274 73006421 0 1928273 4341015 4341015 17612713 11802898 5809815 1447014 482328 964686 4359824 1199412 3160412 1733856 425353 1308503 1024046 1024046 105825 105825 975186 975186 157350 157350 412442 412442 1418084 1418084 10814089 10814089 8474 8474 15210986 15210986 19266184 19266184 4515218 4442891 72327 MATERIALS AND SUPPLIES 6029747 4743525 1286222 BAD DEBT EXPENSE 2286372 2286372 SHUTTLE SERV. CONTRACT 2109316 2109316 MISCELLANEOUS 869936 217018 652918 2048139 761711 1286428 96745816 74737269 22008547 0 2099 2100 13735036 11092660 4355804 8291589 36374655 37023491 21232376 21232376 3929210 5209084 678710978 326899158 305664387 351811820 157805564 157805564 527706354 491544865 1070805485 1084013549 15194601 14267961 14003476 27893270 138105793 135213934 509240030 452728804 676543900 630103969 X 0 0 0 0 394261585 453909580 394261585 453909580 1070805485 1084013549 60407458 -759463 0 X X 0 1 X 1 1 1 X 9792385 29650526 45323849 55451281 82218580 222436621 53331236 67520344 69562079 69310247 67463039 327186945 63123621 97170870 114885928 124761528 149681619 549623566 0 0 0 549623566 12250 494218 1161653 2264173 1928273 5860567 12250 494218 1161653 2264173 1928273 5860567 5242498 363383 1715552 1031373 4028574 12381380 68378369 98028471 117763133 128057074 155638466 567865513 0.96790 0.96400 0.01030 0.00830 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 56,743. 2021 AMOUNT: $ 197,042. 2022 AMOUNT: $ 215,348. 2023 AMOUNT: $ 450,974. 2024 AMOUNT: $ 621,206. FILM SHOOTS - 2020 AMOUNT: $ 169,032. 2021 AMOUNT: $ 40,347. 2022 AMOUNT: $ 163,890. 2023 AMOUNT: $ 79,500. 2024 AMOUNT: $ 277,930. PROPERTY MANAGEMENT - 2020 AMOUNT: $ 3,900,325. 2021 AMOUNT: $ 14,460. 2022 AMOUNT: $ 446,028. 2023 AMOUNT: $ 191,457. 2024 AMOUNT: $ 2,834,465. GROUND LEASE - 2020 AMOUNT: $ 1,000,000. FEES FROM TENANTS - SHARED SERVICE INCOME - GARBAGE REMOVAL - 2020 AMOUNT: $ 76,942. 2021 AMOUNT: $ 111,534. 2022 AMOUNT: $ 173,495. 2023 AMOUNT: $ 309,442. 2024 AMOUNT: $ 294,973. PERCENTAGE RENT - DEVELOPER FEE - STATE TAX REFUND - 2020 AMOUNT: $ 39,456. BAD DEBT RECOVERY - 2022 AMOUNT: $ 716,791. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 568767085 320122843 248644242 6451624 6172749 278875 103492269 603566 102888703 351811820 INVESTMENT IN AFFILIATES 157805564 C 157805564 DUE FROM AFFILIATES 26500556 RESTRICTED CASH 28881760 TENANTS' SECURITY DEPOSITS 9507446 RIGHT OF USE ASSET 153039820 LEASE RECEIVABLE 273615283 491544865 TENANT'S SECURITY DEPOSITS 9640259 LEASE LIABILITY-LONG TERM 183887543 DEFERRED INFLOW OF RESOURCES 259201002 452728804 163187453 6034179 6034179 157153274 0 157153274 118068153 21322337 21322337 96745816 0 96745816 PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' REVENUE 25,440,731. CONSOLIDATED ELIMINATIONS -19,406,552. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' EXPENSES 36,904,556. CONSOLIDATING ELIMINATIONS -15,582,219. X X 0 0 0 0 0 0 0 0 0 LINDSAY GREENE PRESIDENT AND CEO 287172 0 0 0 0 0 49969 0 62713 0 399854 0 0 0 WIMAL ARIYAWANSA CFO AND EVP 267364 0 0 0 0 0 44721 0 57713 0 369798 0 0 0 SHANNY SPRAUS-REINHARDT CHIEF IMPACT OFFICER & EVP 264212 0 0 0 0 0 43698 0 46570 0 354480 0 0 0 GBENGA DAWODU CREO (TERM 04/11/25) 265497 0 0 0 0 0 23262 0 54388 0 343147 0 0 0 NASER GJELOSHI EVP AND COO 277192 0 0 0 0 0 45110 0 0 0 322302 0 0 0 PAUL KELLY GEN. COUNSEL AND EVP 268956 0 0 0 0 0 44807 0 6828 0 320591 0 0 0 BRIAN DREW LINETT SR. VP, CONTROLLER 201153 0 0 0 0 0 31976 0 58499 0 291628 0 0 0 CARMINE A STABILE SVP, OPS & INFRA 203761 0 0 0 0 0 32267 0 52299 0 288327 0 0 0 SUSIE KIM DEPUTY GENERAL COUNSEL 195111 0 0 0 0 0 30629 0 59657 0 285397 0 0 0 MATTHEW HARRISON SR. VP, DEVELOPMENT 196726 0 0 0 0 0 30497 0 55398 0 282621 0 0 0 SIMONE ROBINSON-BARNETT SR. VP, PROPERTY MANAGEMENT 200067 0 0 0 0 0 30552 0 42956 0 273575 0 0 0 SHANI LEIBOWITZ SR. VP, PLANNING & TRANS. 204299 0 0 0 0 0 35505 0 31359 0 271163 0 0 0 JOSEPH AARON COLISTA SR.VP, LEASING 185383 0 0 0 0 0 27699 0 54501 0 267583 0 0 0 HAMZA TAIPOVIC CHIEF ENGINEER 185335 0 0 0 0 0 33011 0 46104 0 264450 0 0 0 KERRY A KEEGAN SR. VP, DESIGN & CONSTRUCTION 207776 0 0 0 0 0 32927 0 18554 0 259257 0 0 0 JOHN COBURN VP, LEAD ARCHITECT 172021 0 0 0 0 0 24983 0 54479 0 251483 0 0 0 ARI SCHNEIDERMAN SR. VP, TECHNOLOGY 212825 0 0 0 0 0 33147 0 4927 0 250899 0 0 0 JOYCE DIVERCE SVP OF IMPACT & PARTNERSHIPS 185882 0 0 0 0 0 19234 0 42732 0 247848 0 0 0 MINDEN KOOPMANS CHIEF OF STAFF 169595 0 0 0 0 0 17392 0 42755 0 229742 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 MEMBERS, AND EACH DIRECTOR SHALL BE A MEMBER. 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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