Overview
What is Southwest Brooklyn Industrial Development Corporation?
Southwest Brooklyn Industrial Development Corporation (SBIDC) is a nonprofit organization situated in Brooklyn, New York, specifically at 241 41st Street. Established in 1978, SBIDC has dedicated itself to supporting the industrial sector in Southwest Brooklyn, serving as a hub of opportunity for the area's workforce. Their multifaceted approach includes direct business services, workforce development, entrepreneurship training, community planning, revitalization, and advocacy. During challenging times, such as the recent pandemic, SBIDC has proven vital, offering assistance to over 600 industrial employers and aiding job-seekers. The organization has also initiated programs to address community needs, like the Equitable Industrial Development program, which preserves legacy businesses, and the cleanup and employment opportunities project in Red Hook. Looking ahead to 2021, SBIDC plans to launch a training program for young adults in critical industries, contributing to a sustainable and equitable recovery. With a mission to help local businesses grow and create employment opportunities, SBIDC plays a significant role in the Sunset Park, Red Hook, and Gowanus neighborhoods.
Official website here: www.sbidc.org
Is Southwest Brooklyn Industrial Development Corporation legitimate?
Southwest Brooklyn Industrial Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Brooklyn Industrial Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $123,782
Professional Fundraising Fees: $0
Other Salaries and Wages: $419,601
For more financial information, click here
Official website here: www.sbidc.org
What is the mission statement of Southwest Brooklyn Industrial Development Corporation?
The Southwest Brooklyn Industrial Development Corporation (SBIDC) serves as an advocate and provider of services to assist businesses in various neighborhoods, aiming to foster growth and generate employment opportunities for local residents. Since its establishment in 1978, SBIDC has been instrumental in maintaining a strong industrial core and offering a range of resources, including direct business services, workforce development, entrepreneurship training, community planning, and revitalization. The organization has been active in addressing the challenges faced by manufacturers and industrial businesses in a demanding market, providing support during complex assistance programs, new business opportunities, and safety regulations. During the pandemic, SBIDC offered remote job placement services and launched programs to address community needs, such as the Equitable Industrial Development program and initiatives in Red Hook to create work opportunities and clean up properties. In 2021, they plan to introduce a training program to prepare young adults for careers in industries crucial for a sustainable and equitable recovery.
Official website here: www.sbidc.org
Who is the CEO of Southwest Brooklyn Industrial Development Corporation?
Jesse Solomon is the Executive Dir. of Southwest Brooklyn Industrial Development Corporation.
Official website here: www.sbidc.org
What is the revenue of Southwest Brooklyn Industrial Development Corporation?
Southwest Brooklyn Industrial Development Corporation's revenue in 2022 was $1,197,769.
Official website here: www.sbidc.org
Who are the executives of Southwest Brooklyn Industrial Development Corporation and what are their salaries?
The average compensation at Southwest Brooklyn Industrial Development Corporation during 2022 was $49,398. There are 11 employees and 16 volunteers at Southwest Brooklyn Industrial Development Corporation.
Here are 17 key members and their salaries:
- Jesse Solomon (Executive Dir.)
- David J Sweeny (Chair) [Trustee/Director]
- Howard Smith Jr (Secretary) [Trustee/Director]
- Susan Fermisco (Treasurer) [Trustee/Director]
- Mark Foggin (Member) [Trustee/Director]
- Irina Constantine (Member) [Trustee/Director]
- Michael Dimarino (Member) [Trustee/Director]
- Paul Gevertzman (Member) [Trustee/Director]
- Blake Tomnitz (Member) [Trustee/Director]
- Eileen Thornton (Member) [Trustee/Director]
- Stephen Giumenta (Member) [Trustee/Director]
- Jeffrey Lee (Member) [Trustee/Director]
- Samara Daly (Member) [Trustee/Director]
- Lorna Montalvo (Member) [Trustee/Director]
- Christopher Murtha (Member) [Trustee/Director]
- Alan Petrilli (Member) [Trustee/Director]
- Michael Jeffrey Spinner (Member) [Trustee/Director]
Official website here: www.sbidc.org
Where can I find the form 990 for Southwest Brooklyn Industrial Development Corporation?
The Southwest Brooklyn Industrial Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.sbidc.org
Learn more at the official website: www.sbidc.org
Mission Statement of Southwest Brooklyn Industrial Development Corporation
The Southwest Brooklyn Industrial Development Corporation (SBIDC) is an organization dedicated to providing advocacy and services to support the growth and employment opportunities for businesses in the Sunset Park, Red Hook, and Gowanus neighborhoods. Their mission is to ensure the industrial core of Southwest Brooklyn remains strong and serves as a center for employment opportunities for local residents. SBIDC achieves this through a unique combination of direct business services, workforce development, entrepreneurship training, community planning, and revitalization, and advocacy.
During challenging times, such as the pandemic, SBIDC continues to demonstrate its commitment to the area's businesses and workers. They have provided support to over 600 industrial employers, assisting with complex assistance programs, new business opportunities, safety regulations, and large-scale rezoning proposals. Additionally, their Workforce 1 Center has helped job-seekers find employment and provided career services to over 1,000 New Yorkers.
In response to growing community needs, SBIDC has also advanced programs, such as their Equitable Industrial Development program, which helps business owners sell their businesses to employees, preserving legacy and critical jobs. In Red Hook, they are helping to clean-up properties and create quality work opportunities for unemployed residents. Looking ahead, they plan to launch a training program in 2021 that prepares young adults for careers in industries critical to a sustainable and equitable recovery.
Impact
This information is meant to be a general summary of Southwest Brooklyn Industrial Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Southwest Brooklyn Industrial Development Corporation's impact can be seen through its tireless efforts to support over 600 industrial employers, provide job opportunities for approximately 100 job-seekers, and offer career services to over 1,000 New Yorkers. Additionally, their Equitable Industrial Development program helps preserve businesses and critical jobs by assisting owners in selling their businesses to employees. Moreover, their initiatives in Red Hook focus on creating quality work opportunities for unemployed residents, contributing to the economic growth of the community. Overall, Southwest Brooklyn Industrial Development Corporation plays a crucial role in fostering a sustainable and equitable recovery for the businesses and residents of Sunset Park, Red Hook, and Gowanus.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1978
Phone
(718) 965-3100
Principal Officer
Jesse Solomon
Main Address
241 41st Street, Brooklyn, NY, 11232
Website
www.sbidc.org
NTEE Category
Code: S41Z - Community improvement
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