2025-05-15T12:00:07-07:00 2024-06-30 132696850 Gruber Palumberi Raffaele Fried CPAs PC 7 Penn Plaza Suite 310 New York NY 10001 990 2023-07-01 200214837 DUMBO DISTRICT MANAGEMENT ASSOCIATION INC DUMB 7182378700 20 JAY STREET 510 BROOKLYN NY 11201 ALEXANDRIA SICA President 2025-05-15 true true M CARLINE LOGERIE CPA P01387821 2125860800 2023 2025-03-06 01:10:19Z 20 JAY STREET 510 BROOKLYN NY 11201 2170018 false X www.dumbo.nyc X 2003 NY THE ASSOCIATION IS DEDICATED TO ENHANCING AND PROMOTING THE COMMUNITY KNOWN AS DUMBO ( DOWN UNDER THE MANHATTAN BRIDGE OVERPASS)IN THE BOROUGH OF BROOKLYN, NEW YORK. THE ASSOCIATION SHOWCASES DUMBO AS A WORLD CLASS DESTINATION AND A CENTER FOR BUSINESS. 25 25 3 0 120214 213572 1400560 1956446 0 0 1520774 2170018 51805 44618 0 699538 849787 0 18329 976667 1300603 1728010 2195008 -207236 -24990 359334 334247 113640 113543 245694 220704 THE ASSOCIATION IS DEDICATED TO ENHANCING AND PROMOTING THE COMMUNITY KNOWN AS DUMBO ( DOWN UNDER THE MANHATTAN BRIDGE OVERPASS)IN THE BOROUGH OF BROOKLYN, NEW YORK. THE ASSOCIATION SHOWCASES DUMBO AS A WORLD CLASS DESTINATION AND A CENTER FOR BUSINESS. false false 907067 Events and Programming:DUMBO free community events including public art, concerts, movies, and family festivals. Under an agreement with the City of New York, DUMBO is allowed to use Pearl Plaza for these events as long as the revenues raised at these events through concessions go back into maintenance of Pearl Plaza. DUMBO sub-contracts the maintenance of Pearl Plaza through agreements with DUMBO BID and the NYC Department of Transportation. 583071 Sanitation Services:DUMBO provides through a sub-contract with the DOE Foundation for the cleaning of streets and public spaces, watering of plants and removal of graffiti in the DUMBO district. DUMBOs maintenance improves and maintains the overall appearance of the district. 527088 Marketing Economic Development:DUMBO provides free public WI-FI throughout DUMBO as an amenity to the people who work, live, and visit DUMBO's public spaces. This is done through a contract with Sky Packets, a wireless solutions company. The network covers many streets in DUMBO, parts of Brooklyn Bridge Park, the Pearl Street Triangle, and the Archway under the Manhattan Bridge. 2017226 true true false false false false false false false false true false false true true true true false false false false false false false false false false true false true false false false false false true false false false false false false false false false false false true 10 0 false 3 true false false false false false false false 0 false false false false false false false X 25 25 false false false false false false false true true false false true true true true true true true true false NY X X THE ORGANIZATION 7182378700 20 JAY STREET SUITE 510 BROOKLYN NY 11201 ALEXANDRIA SICA President 40.00 0.00 X 247207 0 61114 TOM MONTVEL-COHEN Director 1.00 0.00 X X 0 0 0 PETER FORMAN Vice President 3.00 0.00 X X 0 0 0 Ayana Champagne Director 3.00 0.00 X 0 0 0 BRUCE SILVERGLADE Treasurer 3.00 0.00 X X 0 0 0 PETER BENEDETTO Director 3.00 0.00 X 0 0 0 CHARLES CARA Director 3.00 0.00 X 0 0 0 SUSAN FELDMAN Director 3.00 0.00 X 0 0 0 JACK GUTTMAN Director 3.00 0.00 X 0 0 0 SALVATORE LEONARDI Director 3.00 0.00 X 0 0 0 JED WALENTAS Director 3.00 0.00 X 0 0 0 ASHER ABSHERA Director 3.00 0.00 X 0 0 0 JACK CAYRE Director 3.00 0.00 X 0 0 0 TANYA RYND Director 3.00 0.00 X 0 0 0 Lincoln Restler Director 3.00 0.00 X 0 0 0 Taya Muller Director 3.00 0.00 X 0 0 0 SAYAR LONIAL Chairman 3.00 0.00 X X 0 0 0 RAY LEVIN Director 3.00 0.00 X 0 0 0 DAVE LOMBINO Secretary 3.00 0.00 X X 0 0 0 JOHARI JENKINS Director 3.00 0.00 X 0 0 0 Kevin Kim SBS COMM'R 3.00 0.00 X 0 0 0 Brad Lander Director 3.00 0.00 X 0 0 0 Antonio Reynoso Director 3.00 0.00 X 0 0 0 LAURA ROUMANOS Director 3.00 0.00 X 0 0 0 LINDSAY STUART Director 3.00 0.00 X 0 0 0 ALTHEA ERICKSON Director 3.00 0.00 X 0 0 0 247207 61114 1 false true false 0 121869 91703 213572 BBPW 812900 1650 1650 BID TAX ASSESSMENT 812900 1850000 1850000 FILMING 812900 13000 13000 OTHER PROGRAM REVENUE 812900 10796 10796 SUBCONCESSIONS 812900 81000 81000 1956446 0 0 0 0 0 0 0 0 0 2170018 1956446 44618 44618 0 0 0 325882 267223 52793 5866 0 357375 293047 57895 6433 0 0 166530 136554 26978 2998 0 0 26039 21351 4219 469 0 0 0 0 0 15623 12811 2531 281 0 0 38611 31662 6255 694 0 0 17792 14590 2882 320 0 0 3830 3141 69 620 9058 7428 1467 163 COMMUNITY EVENTS 492244 492244 SANITATION 434919 434919 OTHER PROGRAM EXPENSES 235551 235551 TELEPHONE 12644 10368 2048 228 14292 11719 2316 257 2195008 2017226 159453 18329 216654 196074 0 20286 41095 0 0 0 0 0 58674 56534 123709 119772 7767 3937 0 0 0 0 55953 36607 359334 334247 87687 106936 25953 6607 113640 113543 X 245694 220704 245694 220704 359334 334247 -24990 X X false true X true false X 279005 102661 192744 120214 213572 908196 1150000 1150000 1250000 1250000 1850000 6650000 0 1429005 1252661 1442744 1370214 2063572 7558196 3398836 4159360 0 0 0 7558196 0.55030 0.30150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6600 1600 5000 53171 38745 14426 63938 79427 -15489 3937 Operating lease right-of-use assets 6607 SECURITY DEPOSIT 30000 36607 Operating lease liabilities 6607 6607 X 2170018 2170018 2170018 2195008 2195008 2195008 Part X : FIN48 Footnote The Organization accounts for income taxes in accordance with income tax accounting guidance in Financial Accounting Standards Board Accounting Standard Codification (ASC) 740, Income Taxes. The guidance for accounting standards for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on tax return should be recorded in the financial statements. Under this guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more than likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There are no unrecognized tax benefits identified or recorded as liabilities for year ended June 30, 2024. true Dock Street School 19 Dock St Brooklyn NY 11201 814542016 19000 0 fmv general purpose PTA of PS 307 209 York St Brooklyn NY 11201 844578761 19000 0 fmv general purpose 0 2 X X X false false false false false false false false false ALEXANDRIA SICA President 247207 61114 308321 JED WALENTAS BOARD MEMBER 35364 OFFICE RENT & STORAGE false Schedule L, Part V Supplemental Information THE ORGANIZATION LEASES OFFICE SPACE, AT FAIR MARKET VALUE, FROM AN ENTITY WHOSE OFFICER IS ON THE ORGANIZATION'S BOARD OF DIRECTORS. Form 990, Part VI, Section B, Line 11b A COMPLETE COPY OF THE FORM 990 WITH RELATED STATE FILING DOCUMENTS ARE PROVIDED TO THE GOVERNING BOARD OF DIRECTORS FOR REVIEW BEFORE TAX FILINGS ARE SUBMITTED TO RESPECTIVE GOVERNMENT AGENCIES. Form 990, Part VI, Section B, Line 12c THE BOARD OF DIRECTORS MONITORS AND ENFORCES THE COMPLIANCE OF THE CONFLICT OF INTEREST POLICIY ON AN AS REQUIRED BASIS. Form 990, Part VI, Section B, Line 15a IN ORDER TO DETERMINE APPROPRIATE COMPENSATION LEVELS FOR EMPLOYEES, THE BOARD OF DIRECTORS REVIEWS COMPARABLE DATA FROM SIMILARLY STRUCTURE ORGANIZATIONS. SALARY LEVELS ARE APPROVED UPON THE COMPLETED ANALYSIS OF SUCH INFORMATION. Form 990, Part VI, Section B, Line 15b IN ORDER TO DETERMINE APPROPRIATE COMPENSATION LEVELS FOR EMPLOYEES, THE BOARD OF DIRECTORS REVIEWS COMPARABLE DATA FROM SIMILARLY STRUCTURED ORGANIZATIONS. SALARY LEVELS ARE APPROVED UPON THE COMPLETED ANALYSIS OF SUCH INFORMATION. Form 990, Part VI, Section C, Line 19 THE ASSOCIATION'S AUDITED FINANCIAL STATEMENTS, DOCUMENTS RETENTION AND CONFLICT OF INTEREST POLICIES AND WHISTLEBLOWER PROTOCOL ARE MADE AVAILABLE UPON WRITTEN REQUEST. Form 990, Part XII, Line 2c THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE SELECTION OF AN INDEPENDENT AUDITOR AND OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.