Building 77 Qalicb Inc CO Brooklyn Navy Yard Development Corp

Building 77 Qalicb Inc CO, a Brooklyn Navy Yard Development Corp nonprofit, was established in 2014 for rehabilitating and operating a commercial property in Brooklyn, New York, totaling one million square feet. The property, owned by the City of New York and leased to the corporation, has approximately 668,394 leased square feet as of 2021 and 2022. The nonprofit sublets the space to commercial tenants and complies with NMTC program regulations to maintain tax credits. Its mission aligns with Brooklyn Navy Yard Development Corp, which promotes local economic development and job creation in the Brooklyn borough of New York City. The organization supports this mission by redeveloping underutilized areas at the Navy Yard, modernizing infrastructure and assets, and maintaining historical integrity, ultimately creating thousands of jobs for residents and the city.

Building 77 Qalicb Inc C/O Brooklyn Navy Yard Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building 77 Qalicb Inc C/O Brooklyn Navy Yard Development Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,917,499

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Building 77 Qalicb Inc CO functions as a supportive organization, working in tandem with the Brooklyn Navy Yard Development Corporation (BNYDC). The primary mission of BNYDC is to foster local economic development and generate employment opportunities within New York City. In line with this objective, Building 77 Qalicb Inc CO focuses on revitalizing underutilized areas and overseeing infrastructure and asset modernization, ensuring historical preservation. By rehabilitating, redeveloping, and leasing Building 77 within the Navy Yard, thousands of jobs are created for the benefit of residents and the city.

Paul Kelly is the Secretary, Director of Building 77 Qalicb Inc C/O Brooklyn Navy Yard Development Corp.

Building 77 Qalicb Inc C/O Brooklyn Navy Yard Development Corp's revenue in 2022 was $38,268,962.

The Building 77 Qalicb Inc CO Brooklyn Navy Yard Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here