2017-03-29T12:06:43-07:00 2016-05-31 SCHALL & ASHENFARB CPAS 307 5th Ave 15th Floor NEW YORK NY 100166517 990 2015-06-01 112508370 Southwest Brooklyn Industrial Development Corporation SOUT 7189653100 241 41st Street Brooklyn NY 11232 David D Meade Executive Dir. 2017-03-29 true Michael Schall P02024184 2122682800 2015 2021-01-29 14:40:06Z Mike DiMarino 241 41st St Brooklyn NY 11232 945917 false false X www.sbidc.org X 1978 NY Southwest Brooklyn Industrial Development Corporation (SBIDC) provides advocacy and services to help businesses in the Sunset Park, Red Hook and Gowanus neighborhoods grow and create employment opportunities for local residents. 19 19 8 19 0 648606 887496 32500 2500 18 0 15263 14121 696387 904117 2000 0 0 492388 604673 10000 0 29612 217423 320254 721811 924927 -25424 -20810 337844 371922 70117 125005 267727 246917 Southwest Brooklyn Industrial Development Corporation (SBIDC) provides advocacy and services to help businesses in the Sunset Park, Red Hook and Gowanus neighborhoods grow and create employment opportunities for local residents. false false 686961 2500 As we have since 1978, this year we worked tirelessly to ensure that the industrial core of Southwest Brooklyn remains strong, and that it remains as a center for opportunity for workers throughout the area. Our unique combination of direct business services, workforce development, entrepreneurship training, community planning and revitalization, and advocacy helped businesses throughout Southwest Brooklyn thrive in a market, and a city, that can be challenging for manufacturers and other industrial businesses. Most notably, we partnered with the City of New York to open the Brooklyn Workforce 1 Industrial & Transportation Career Center in April 2016, greatly growing our workforce development capacity and enabling us to serve a far greater number of businesses and jobseekers with job placement and retention services. As the center has reached full operation, we are excited to continue to serve the Brooklyn community and help build a bridge between local residents seeking employment with career growth potential and companies looking to hire locally. We also launched the first two cohorts of the Plan for Growth entrepreneurship training program, a cohort-based program that gives small businesses the tools they need to manage their growth effectively and sustainably, and to take their operations to the next level. In 2017, we look forward to hosting additional cohorts as part of this program, and including a special series targeted to low- and moderate-income businesses. We hosted our second annual Red Hook Walks street festival in July, which brought together members of the community and featured live music, games, presentations, and other entertainment on Van Brunt Street. Local restaurants offered outdoor seating, and stores displayed their wares in the street, leading to increased business.And overall, we continued to provide a high quality of service for all of the businesses with whom we worked. 686961 true true false false false false false false false false true false false false false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false true 9 0 true 8 true false false false false false false true true false 0 false false false false false false false false false false X 19 19 false false false false false false false true true false false true true true true true true true false false NY X David Meade 7189653100 241 41st Street Brooklyn NY 11232 Stewart Mann Member 2.00 0.00 X 0 0 0 Mike DiMarino Board Chair 2.00 0.00 X X 0 0 0 Paul Gevertzmann Member 2.00 0.00 X 0 0 0 Randolph Peers Member 2.00 0.00 X 0 0 0 Lorna Montalvo Member 2.00 0.00 X 0 0 0 Greg Brayman Member 2.00 0.00 X 0 0 0 Irina Constantine Secretary 2.00 0.00 X X 0 0 0 Andrew Kimball Member 2.00 0.00 X 0 0 0 Christopher Murtha Member 2.00 0.00 X 0 0 0 Mark Foggin Member 2.00 0.00 X 0 0 0 Eileen Thornton Member 2.00 0.00 X 0 0 0 Roger Rigolli Member 2.00 0.00 X 0 0 0 Anthony Rondinelli Member 2.00 0.00 X 0 0 0 Stephen Giumenta Member 2.00 0.00 X 0 0 0 Howard Smith Jr Treasurer 2.00 0.00 X X 0 0 0 Susan Fermisco Member 2.00 0.00 X 0 0 0 Michael Spinner Member 2.00 0.00 X 0 0 0 Miki Kamijyo Member 2.00 0.00 X 0 0 0 J David Sweeny 1st. Vice Chair 2.00 0.00 X X 0 0 0 David D Meade Executive Dir. 40.00 0.00 X 94845 0 6937 Richard Kirschner Dir. of Finance 16.00 0.00 X 43673 0 0 138518 6937 0 false false false 0 23650 130125 387117 346604 887496 Contract service income 900099 2500 2500 2500 0 0 0 0 0 41800 130125 41800 0 0 0 Other support 14121 14121 14121 904117 16621 0 0 0 0 122427 113407 9020 0 381910 361067 20843 11283 7165 4118 44853 28485 16368 44200 28070 16130 0 0 47857 47857 0 0 0 61315 61315 0 42398 28481 13917 0 0 55592 23407 32185 1402 1402 0 0 0 0 4226 4226 8797 3644 5153 Special Events 52728 14485 8731 29512 Telephone 17153 8435 8718 Other 13193 4597 8496 100 Equipment rentals 4949 2594 2355 10644 1809 8835 924927 686961 208354 29612 34573 24707 61638 6718 227557 301168 0 0 0 0 0 3568 13076 211632 185379 10508 26253 0 0 0 0 0 337844 371922 70117 125005 70117 125005 X 251806 116056 15921 130861 267727 246917 337844 371922 -20810 X false true X true false X 578526 737341 681706 648606 887496 3533675 0 0 578526 737341 681706 648606 887496 3533675 290647 3243028 8617 246 8950 18 17831 0 20786 50539 13713 15263 14121 114422 3665928 149300 0.88460 0.91420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 96434 93966 2468 63599 51076 12523 51599 40337 11262 26253 X 904117 904117 904117 924927 924927 924927 Part X : FIN48 Footnote SBIDC does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending May 31, 2013 and later are subject to examination by applicable taxing authorities. X false Annual event 171925 130125 41800 41800 171925 130125 41800 41800 41800 Form 990, Part VI, Line 11b: Form 990 Review Process Management reviewed a draft of the form 990 with the audit/finance committee and provided edits to the tax preparer. After this process was performed, the form 990 was sent to the full board of directors prior to being filed with the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization has a "board approved" conflicts of interest policy. Each board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interested party transactions. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Each year, the executive committee reviews comparable salaries based on a recognized study and reviews the performance of the executive director to determine if the existing salary falls within these ranges. After a deliberation of this matter, a new proposed salary and benefit package is voted on. The minutes of the board of directors reflect the nature of this process. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Each year, the executive committee reviews comparable salaries based on a recognized study and reviews the performance of the executive director to determine if the existing salary falls within these ranges. After a deliberation of this matter, a new proposed salary and benefit package is voted on. The minutes of the board of directors reflect the nature of this process. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Organizational documents are made available upon request.