EIN 11-2508370

Southwest Brooklyn Industrial Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
11
Year formed
1978
Most recent tax filings
2022-06-01
Description
Southwest Brooklyn Industrial Development Corporation advocates for and provides services to businesses in Sunset Park, Red Hook, and Gowanus to help them grow and generate employment opportunities for local residents. Since 1978, SBIDC has worked tirelessly to maintain the strength of Southwest Brooklyn's industrial core and keep it as a center for worker opportunity. The organization offers a unique combination of direct business services and workshops.
Total revenues
$1,197,769
2022
Total expenses
$1,056,970
2022
Total assets
$536,412
2022
Num. employees
11
2022

Program areas at Southwest Brooklyn Industrial Development Corporation

As we have since 1978, SBIDC worked tirelessly to ensure that the industrial core of Southwest Brooklyn remains strong, and that it remains as a center for opportunity for workers throughout the area. Our unique combination of direct business services, workforce development, entrepreneurship training, community planning and revitalization, and advocacy helped businesses throughout Southwest Brooklyn thrive in a market, and a city, that can be challenging for manufacturers and other industrial businesses. The past nine months have illustrated how critical our working waterfront is to the resiliency of the City, the region and beyond. Yet the pandemic also brought heartbreaking and unprecedented challenges for Southwest Brooklyns small businesses and workers. Since mid-March, SBIDC provided support to over 600 industrial employers desperately seeking help with complex assistance programs, new business opportunities, safety regulations, and large-scale rezoning proposals in Sunset Park and Gowanus. Working remotely, our Workforce 1 Center helped approximately 100 job-seekers find employment and provided career services to over 1,000 New Yorkers.We also felt compelled to advance programs that respond to growing community needs. Our Equitable Industrial Development program helps owners sell their business to employees, preserving legacy along with critical jobs. In Red Hook, we are helping to clean-up properties and create quality work opportunities for unemployed residents. And in 2021, we look forward to launching a training program that prepares young adults for careers in industries critical to a sustainable and equitable recovery.

Who funds Southwest Brooklyn Industrial Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Blackbaud Giving FundGeneral Support$16,350

Personnel at Southwest Brooklyn Industrial Development Corporation

NameTitleCompensation
Jesse Tinen SolomonExecutive Director$100,371
Wayne SmallDirector , Brooklyn Workforce1 Industrial and Transportation Center
Karen-Michelle MirkoDirector of Workforce Services
Micaela SkoknicIndustrial Programs Manager
Michelle SaenzBusiness Services Manager
...and 10 more key personnel

Financials for Southwest Brooklyn Industrial Development Corporation

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,185,513
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$12,256
Total revenues$1,197,769

Form 990s for Southwest Brooklyn Industrial Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-04-24990View PDF
2021-062022-03-18990View PDF
2020-062022-04-08990View PDF
2020-052021-04-14990View PDF
2019-052020-01-14990View PDF
...and 9 more Form 990s
Data update history
September 24, 2023
Updated personnel
Identified 3 new personnel
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 29, 2023
Updated personnel
Identified 1 new personnel
June 26, 2023
Used new vendors
Identified 1 new vendor, including
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Fundraising eventsState / local levelReceives government fundingTax deductible donations
General information
Address
241 41st St
Brooklyn, NY 11232
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
Website URL
sbidc.org/ 
Phone
(718) 965-3100
IRS details
EIN
11-2508370
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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