2024-09-10T09:05:23-05:00 2023-12-31 812950760 SAX LLP 1040 AVENUE OF THE AMERICAS-16TH FL NEW YORK NY 10018 990 2023-01-01 112647339 EVERGREEN INC YOUR NORTH BROOKLYN BUSINESS EXCHANGE EVER 7183887287 2 KINGSLAND AVENUE BROOKLYN NY 11211 LEAH ARCHIBALD EXECUTIVE DIRECTOR 7183887287 2024-09-10 1 0 MIKE SCHALL P02024184 2126618640 2024-09-10 2023 2024-08-08 14:25:15Z LEAH ARCHIBALD 2 KINGSLAND AVENUE BROOKLYN NY 11211 1389475 0 X WWW.EVERGREENEXCHANGE.ORG X 1982 NY INDUSTRIAL AND NEIGHBORHOOD DEVELOPMENT AND REVITALIZATION 17 17 7 17 0 0 1354346 724273 394098 592436 0 0 46241 55778 1794685 1372487 0 0 0 0 559766 547024 0 0 20530 725694 1137638 1285460 1684662 509225 -312175 12307218 12499878 1789401 2294236 10517817 10205642 X EVERGREEN INC. IS A MEMBERSHIP ORGANIZATION THAT PROMOTES THE DEVELOPMENT RETENTION OF PRODUCTION, MANUFACTURING AND INDUSTRIAL SERVICE BUSINESSES THUS IMPROVING NEIGHBORHOODS IN NORTH BROOKLYN AND SURROUNDING COMMUNITIES BY CONNECTING (CONTINUE ON SCHEDULE O) BUSINESSES WITH RESOURCES AND OPPORTUNITIES TO MAXIMIZE THEIR COMPETITIVE ADVANTAGE IN THE MARKETPLACE. 0 0 744238 560436 IN 2023, EVERGREEN RENTED MANUFACTURING AND INDUSTRIAL RENTAL REAL ESTATE TO 7 SMALL BUSINESSES AT A SUBSIDIZED RATE TO PRESERVE MANUFACTURING AND INDUSTRY IN NORTH BROOKLYN. 639200 32000 IN 2023 EVERGREEN STAFF SERVED 181 INDIVIDUAL BUSINESSES. BUSINESS CLIENTS LOOKED TO EVERGREEN FOR A WIDE VARIETY OF SERVICES; THE MOST FREQUENTLY REQUESTED SERVICES WERE BUSINESS PLANNING AND ASSISTANCE ACCESSING FINANCING AND INCENTIVES. EVERGREEN WAS ABLE TO HELP EIGHT LOCAL FIRMS APPLY FOR 15 DIFFERENT INCENTIVES. EVERGREEN ANSWERED 50 REQUESTS FOR FINANCING RELATED INQUIRIES AND ASSISTANCE IN 2023. EVERGREEN HELPED BUSINESSES QUALIFY FOR THREE LOANS AND ONE GRANT FOR A TOTAL OF $227,360 IN FINANCING PREDOMINANTLY FOR WORKING CAPITAL. SINCE 2007, OUR STAFF HAS HELPED LOCAL BUSINESSES OBTAIN $62,349,883 IN FINANCING. TWENTY-NINE FIRMS ATTENDED OUR INFORMATIONAL WORKSHOPS AND 20 ATTENDED OUR MULTI-WEEK SEMINARS. ONE HUNDRED TWENTY-TWO FIRMS RECEIVED ONE-ON-ONE ASSISTANCE FROM EVERGREEN STAFF ON OVER 158 ISSUES. 1383438 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 12 0 1 7 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X RYAN KUBAT 7183887287 2 KINGSLAND AVENUE BROOKLYN NY 11211 TOD GREENFIELD CHAIRMAN 1.00 X X 0 0 0 JOE ROBLES JR PRESIDENT 1.00 X X 0 0 0 ZACHARY WEINER VICE CHAIR 1.00 X X 0 0 0 ERNIE WONG SECRETARY 1.00 X X 0 0 0 WINSTON WHITE TREASURER 1.00 X X 0 0 0 GINA ARGENTO MEMBER 1.00 X 0 0 0 NAOMI COOPER MEMBER 1.00 X 0 0 0 JEN DURBIN MEMBER 1.00 X 0 0 0 TAYLOR ERKKINEN MEMBER 1.00 X 0 0 0 STEPHANIE GITLIN MEMBER 1.00 X 0 0 0 GRADY LAIRD MEMBER 1.00 X 0 0 0 LUCKY LEE MEMBER 1.00 X 0 0 0 JOSE LEON MEMBER 1.00 X 0 0 0 DEAN MORELLI MEMBER 1.00 X 0 0 0 RANIA SEDHOM MEMBER 1.00 X 0 0 0 DANIEL SKLAAR MEMBER 1.00 X 0 0 0 SANDY WEINER MEMBER 1.00 X 0 0 0 LEAH ARCHIBALD EXECUTIVE DIRECTOR 35.00 X 134614 0 6873 134614 0 6873 1 0 0 0 SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMEN 241 41ST STREET 2ND FLOOR BROOKLYN NY 11232 CONSULTANTS 152000 1 30475 104052 441736 148010 724273 RENTAL INCOME 531120 560436 560436 FEE FOR SERVICE INCOME 541610 32000 32000 592436 16988 104052 16988 0 OTHER INCOME 900099 55778 55778 55778 1372487 592436 0 55778 X 141487 119181 22306 293995 210626 83369 16595 12052 4543 61494 43864 17630 33453 24296 9157 15016 15016 96991 51049 45942 237383 233929 3454 36707 25461 11246 104804 96692 8112 12222 12222 121845 121845 370333 370333 68147 49492 18655 OTHER EPENSES 35951 4912 31039 EVENT EXPENSES 20530 20530 REPAIRS AND MAINTENANCE 11332 4690 6642 DUES AND SUBSCRIPTIONS 6377 6377 1684662 1383438 280694 20530 51925 593873 85286 85258 63367 95585 13211 8430 41682 35318 14392770 2711356 12051747 11681414 12307218 12499878 189191 197389 6374 527535 47556 59852 1546280 1509460 1789401 2294236 X 3542950 3496042 6974867 6709600 10517817 10205642 12307218 12499878 -312175 0 X 0 1 X 1 0 X 419577 399498 5507962 1354346 724273 8405656 419577 399498 5507962 1354346 724273 8405656 8405656 135 75 210 15679 31437 6976 46241 55778 156111 8561977 1945225 0.98170 0.97750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 35930 35930 1 X 14351378 2684839 11666539 32132 17257 14875 9260 9260 0 11681414 X 1372487 0 1372487 0 1372487 1684662 0 1684662 0 1684662 PART IV, LINE 2B: TENANT SECURITY DEPOSITS FOR THE NBIC'S LEASE AGREEMENTS. PART X, LINE 2: THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR PERIODS ENDING DECEMBER 31, 2019 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. ANNUAL CELEBRATION 115240 98252 16988 16988 HOLIDAY MIXER 5800 5800 121040 104052 16988 16988 16988 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP SHALL BE OPEN TO ANY CORPORATION, DOMESTIC OR FOREIGN, ANY PARTNERSHIP, AND ANY SOLE PROPRIETOR SUPPORTING THE OBJECTIVES AND PURPOSES OF THE CORPORATION AND PAYING ANNUAL DUES. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS ARE ENTITLED TO VOTE FOR MEMBERS OF THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - MANAGEMENT REVIEWS THE 990 TO OBTAIN AN UNDERSTANDING OF THE REPORTING REQUIREMENTS AND TO ENSURE IT IS ACCURATE AND COMPLETE. SUBSEQUENTLY, A COPY OF THE DRAFT 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW. THE BOARD OF DIRECTORS WILL MEET WITH MANAGEMENT TO DISCUSS THE 990 AND RESOLVE ANY QUESTIONS THAT MAY ARISE. UPON APPROVAL FROM THE BOARD OF DIRECTORS THE 990 WILL BE FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS AND EMPLOYEES REPORT ANNUALLY IF A CONFLICT APPEARS TO EXIST, MANAGEMENT AND THE BOARD WILL MEET WITH THE INDIVIDUAL TO OBTAIN ALL FACTS. SUBSEQUENTLY, A VOTE WILL ENSURE IF THE MATTER IS INDEED A CONFLICT OF INTEREST. IF IT IS FOUND TO BE A CONFLICT OF INTEREST, THE INDIVIDUAL WITH THE CONFLICT OF INTEREST MUST REFRAIN FROM PARTICIPATING IN THE DELIBERATION AND DECISION MAKING CONCERNING THE MATTER THAT GAVE RISE TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE SALARIES FOR ALL EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,929. MANAGEMENT AND GENERAL EXPENSES 3,454. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,383. PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 232,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 232,000. NORTH BROOKLYN INDUSTRIAL CENTER LLC 2 KINGSLAND AVENUE BROOKLYN NY 11211 331194763 INDUSTRIAL SPACE RENTAL NY 396300 4920152 EVERGREEN INC 500 STAGG STREET LLC 2 KINGSLAND AVENUE BROOKLYN NY 11211 842811810 INDUSTRIAL SPACE RENTAL NY 209690 6902533 EVERGREEN INC