Public Charity

BROOKLYN NAVY YARD DEVELOPMENT CORP

BROOKLYN NAVY YARD DEVELOPMENT CORP is a nonprofit organization categorized as Public Charity based in BROOKLYN, NY. Its most recent IRS filing (2025) reports revenue of $157.2M, expenses of $96.7M, total assets of $1.1B. Imperigo tracks 22 reported grant relationships connected to this organization totaling approximately $2.1M.

EIN: 112137138 BROOKLYN, NY Community & Neighborhood Development NTEE: S20 Latest filing: 2025
Total Revenue$157.2M
Total Expenses$96.7M
Total Assets$1.1B
Grant Records22
Funding Total$2.1M
Filing Years2021–2025

Mission

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.

Where $100 goes at Brooklyn Navy Yard Development Corp

How Brooklyn Navy Yard Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$79 Programs the work itself
$21 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $79 for programs

$79
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
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Adam Freidman
BOARD MEMBER Alexander Nojovits
BOARD MEMBER (OUTGOING) Amani Martin
SR. VP, TECHNOLOGY Ari Schneiderman
BOARD MEMBER (OUTGOING) Bill D Turner
BOARD MEMBER Blake Foote

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$769,995 10 grants
Human & Social Services
$500,000 3 grants
Education
$415,000 4 grants
Economic Development
$217,060 1 grant
Research & Policy
$9,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $157.2M $96.7M $1.1B
2024 $129.6M $100.7M $1.1B
2023 $119.3M $91.3M $1.0B
2022 $82.2M $104.7M $1.0B
2021 $68.4M $79.4M $543.6M

Between 2021 and 2025, reported annual revenue grew from $68.4M to $157.2M (+130%), with total assets most recently reported at $1.1B.

Interactive year-over-year charts and full filing details available with membership.

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