nonprofit logo

Dumbo District Management Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200214837 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Dumbo District Management Association Inc?

Dumbo District Management Association Inc, situated in Brooklyn, New York, is a dedicated nonprofit organization with a mission to uplift and promote the renowned community of Dumbo, located beneath the Manhattan Bridge Overpass. The association strives to improve the area's infrastructure, fostering the growth of a diverse, mixed-use community that thrives in technology and creative sectors. To achieve this, they have developed advanced programming and initiatives, such as the Archway, and have encouraged the expansion of amenities like Wi-Fi and supplemental sanitation. To sustain their work, they have expanded their revenue base through various means, including grants, corporate and individual support, sponsorships, and hosting special events. With a small team of three employees, Dumbo District Management Association Inc serves to enhance the reputation of Dumbo as a world-class destination and a hub for business.


Official website here: www.dumbo.is/home

Is Dumbo District Management Association Inc legitimate?

Dumbo District Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dumbo District Management Association Inc 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: $241,380
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,837

For more financial information, click here


Official website here: www.dumbo.is/home

What is the mission statement of Dumbo District Management Association Inc?

The Dumbo District Management Association Inc is committed to enhancing and promoting a specific community, referred to as Dumbo, which is situated under the Manhattan Bridge Overpass in Brooklyn, New York. The association's primary goal is to showcase Dumbo as a world-class destination and a hub for businesses. To achieve this, they have advocated for infrastructure improvements, developed advanced programming for the archway, encouraged the growth of a diverse community, including a thriving tech and creative sector. Additionally, they have provided amenities such as Wi-Fi and supplemental sanitation to the community. The association expands its revenue base through various means, including grants, corporate and individual support, sponsorship, and hosting special events, thereby building on their programs, research, and advocacy.


Official website here: www.dumbo.is/home

Who is the CEO of Dumbo District Management Association Inc?

Sayar Lonial is the President of Dumbo District Management Association Inc.


Official website here: www.dumbo.is/home

What is the revenue of Dumbo District Management Association Inc?

Dumbo District Management Association Inc's revenue in 2022 was $1,531,780.


Official website here: www.dumbo.is/home

Who are the executives of Dumbo District Management Association Inc and what are their salaries?

The average compensation at Dumbo District Management Association Inc during 2022 was $150,406. There are 3 employees at Dumbo District Management Association Inc.

Here are 25 key members and their salaries:

    Alexandria Sica (Executive Dir.)
  • Compensation: $250,000
  • Related: $0
  • Other: $54,632

    • Peter Forman (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Silverglade (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Benedetto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Cara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Feldman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Guttman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Salvatore Leonardi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jed Walentas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Asher Abshera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Cayre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tanya Rynd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lincoln Restler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Taya Muller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sayar Lonial (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Levin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Lombino (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Johari Jenkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacob Bogitsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Bellos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Roumanos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lindsay Stuart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Althea Erickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Montvel-Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dumbo.is/home

    Where can I find the form 990 for Dumbo District Management Association Inc?

    The Dumbo District Management Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.dumbo.is/home

    Learn more at the official website: www.dumbo.is/home

    Mission Statement of Dumbo District Management Association Inc

    Dumbo District Management Association Inc is committed to enhancing and promoting the community known as Dumbo, located in Brooklyn, New York. Their mission is twofold: to showcase Dumbo as a world-class destination and a thriving center for business. They strive to improve the infrastructure of the area, develop advanced programming, and encourage the growth of a mixed-use community, with a focus on the technology and creative sectors. To further enrich the community, Dumbo District Management Association Inc provides amenities such as Wi-Fi and supplemental sanitation. They also expand their revenue base through various means, including grants, corporate and individual support, sponsorship, and hosting special events to support their programs, research, and advocacy.

    Impact

    This information is meant to be a general summary of Dumbo District Management Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Dumbo District Management Association Inc has significantly impacted the community of Dumbo in Brooklyn, New York. Through advocating for infrastructure improvements, developing advanced programming of community spaces like the Archway, and fostering the growth of a mixed-use community with a focus on technology and creativity, the association has transformed Dumbo into a thriving and vibrant neighborhood. Additionally, providing amenities such as WiFi and supplemental sanitation has enhanced the quality of life for residents and visitors. By expanding revenue sources through grants, corporate and individual support, sponsorship, and hosting special events, the association has been able to sustain and grow its programs, research initiatives, and advocacy efforts. This has solidified Dumbo as a world-class destination and a center for business, showcasing the area's unique character and fostering its economic growth.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $1,339,036
  • Gross Receipts: $1,531,780

    • Assets and Liabilities:
  • Total Assets: $532,232
  • Total Liabilities: $79,302
  • Net Assets: $452,930
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    BBPW

    Revenue

    $2,000

    BID TAX ASSESSMENT

    Revenue

    $1,250,000

    FILMING

    Revenue

    $41,000

    OLD FULTON PLAZA

    Revenue

    $4,000

    SUBCONCESSIONS

    Revenue

    $41,000

    Organization Details

    Founding Year

    2003

    Principal Officer

    Sayar Lonial

    Main Address

    20 JAY STREET 510, BROOKLYN, NY, 11201

    NTEE Category

    Code: M99 - Public safety

    If you are a representative of Dumbo District Management Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.