Public Charity

GMDC TWO CORPORATION

GMDC TWO CORPORATION is a Public Charity headquartered in BROOKLYN, NY. Financial data from the 2025 filing: $4.6M revenue, $4.2M expenses, $29.9M total assets.

EIN: 113427959 BROOKLYN, NY Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$4.6M
Total Expenses$4.2M
Total Assets$29.9M
Grant Records0
Filing Years2021–2025

Mission

THE ORGANIZATION'S PROGRAMS WORK TO RELIEVE AND REDUCE UNEMPLOYMENT, PROMOTING AND PROVIDING FOR ADDITIONAL EMPLOYMENT OPPORTUNITIES, ENCOURAGING THE CREATION AND MAINTENANCE OF JOB OPPORTUNITIES BY ATTRACTING NEW INDUSTRY AND BY FACILITATING RETENTION OF EXISTING TRADES, PARTICULARY SMALL MANUFACTURERS SUCH AS WOODWORKERS, FURNITURE MAKERS AND FINE ARTISTS BY FINDING AND PROVIDING AFFORDABLE SPACE IN WHICH TO CARRY OUT THEIR SMALL CRAFT BUSINESSES. IN THIS WAY, THE ORGANIZATION IS ATTRACTING NEW INDUSTRY TO A COMMUNITY OR AREA AND LESSENING THE BURDENS OF GOVERNMENT AND ACTING IN THE PUBLIC INTEREST.

Where $100 goes at Gmdc Two Corporation

How Gmdc Two Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$94 Programs the work itself
$6 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 $94 for programs

$94
Small business support:owns and manages an industrial building while providing additional services to small manufacturing businesses in greenpoint Brooklyn through the provision of hard to find affordable manufacturing…
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

DIRECTOR Adam Tell Metzger
DIRECTOR (OUTGOING) Alireza Esmaeilzadeh
CEO Brian T Coleman
SECRETARY Harry Schwartz
DIRECTOR (OUTGOING) John Horowitz
DIRECTOR (OUTGOING) Joseph Tooma

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $4.6M $4.2M $29.9M
2024 $4.4M $4.2M $17.8M
2023 $3.9M $4.1M $17.0M
2022 $3.7M $3.8M $16.5M
2021 $3.4M $3.6M $16.5M

Between 2021 and 2025, reported annual revenue grew from $3.4M to $4.6M (+36%), with total assets most recently reported at $29.9M.

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

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