Public Charity

FLATBUSH DEVELOPMENT CORPORATION

FLATBUSH DEVELOPMENT CORPORATION, of BROOKLYN, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $5.1M in revenue, $5.1M in expenses, $4.5M in total assets. 48 publicly reported grants to this organization, totaling roughly $2.8M, appear in IRS filings.

EIN: 510188251 BROOKLYN, NY Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$5.1M
Total Expenses$5.1M
Total Assets$4.5M
Grant Records48
Funding Total$2.8M
Filing Years2021–2025

Mission

FDC IS DEDICATED TO MEETING THE NEEDS OF A DIVERSE VIBRANT BROOKLYN. FDC IDENTIFIES RESPONDS TO THESE NEEDS BY BUILDING PARTNERSHIPS, CREATING PROGRAMS DEVELOPING CAMPAIGNS FOR ECONOMIC DEVELOPMENT, HOUSING, YOUTH, IMMIGRATION OTHER INITIATIVES THAT PROMOTE ENHANCED QUALITY OF LIFE, SAFETY, EQUITY PRESERVATION OF THEIR COMMUNITY.

Where $100 goes at Flatbush Development Corporation

How Flatbush Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$89 Programs the work itself
$10 Management running the organization
$1 Fundraising raising the next dollar

Inside the $89 for programs

$53
Youth development activities include after school and evening educational and recreational programs designed to develop youth into productive members of society
60% of program spending
$33
Housing preservation activities include providing assistance to individual tenants, home owners and landlords about their rights and responsibilities, about how to maintain and preserve their homes, and affordable…
37% of program spending
$3
Economic development activities include assistance to small business and attracting new businesses to the local commercial strip
3% of 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

VICE PRESIDENT Eduardo Crosa
BOARD MEMBER Emily Shaw
TREASURER Eric Zimiles
SECRETARY Javier Saez
BOARD MEMBER Joel Stickney
BOARD MEMBER Jophrane Ligonde

Officer compensation and complete director data available with membership.

Top Grant Purposes

Mental Health & Substance Abuse
$1,099,000 8 grants
General Support
$595,428 27 grants
Training & Professional Development
$400,000 1 grant
Civil Rights & Social Justice
$60,000 1 grant
Unspecified
$618,281 10 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.1M $5.1M $4.5M
2024 $5.0M $4.9M $2.9M
2023 $4.6M $4.8M $2.4M
2022 $3.9M $4.0M $2.6M
2021 $4.0M $3.5M $2.4M

Between 2021 and 2025, reported annual revenue grew from $4.0M to $5.1M (+27%), with total assets most recently reported at $4.5M.

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

See the full picture for FLATBUSH DEVELOPMENT CORPORATION

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