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Nonprofit · EIN 11-2137138

BROOKLYN NAVY YARD DEVELOPMENT CORPORATION

Tax-exempt · BROOKLYN, NY 11205

Financials

$119.3M$91.3M2022$129.6M$100.7M2023$157.2M$96.7M2024
Revenue Expenses · by fiscal year end
Financials of BROOKLYN NAVY YARD DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$157,153,274$96,745,816$60,407,458$1,084,013,549$630,103,969$453,909,580
June 30, 2024990$129,560,297$100,677,211$28,883,086$1,070,805,485$676,543,900$394,261,585
June 30, 2023990$119,270,831$91,268,281$28,002,550$1,045,949,064$680,441,745$365,507,319
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$82,218,580
of which government grants
$66,537,133
Program service revenue
$67,463,039
Investment income
$2,824,361
Net rental income
$618,720
Net gain from sales of assets
$1,514,808
Other revenue
$4,647,294

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$4,341,015
Other salaries and wages
$17,612,713
Salaries, compensation and benefits (total)
$29,494,422
Professional fundraising fees
$0
Legal fees
$1,024,046
Accounting fees
$105,825
Occupancy
$10,814,089
Travel
$8,474
Depreciation
$19,266,184
Program services (functional)
$74,737,269
Management and general (functional)
$22,008,547

Balance sheet and other

Total assets, start of year
$1,070,805,485
Total assets, end of year
$1,084,013,549
Total liabilities, end of year
$630,103,969
Net assets, end of year
$453,909,580
Land, buildings and equipment
$351,811,820
Gross receipts
$157,153,274
Employees
402
Volunteers
27
Year formed
1966
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LINDSAY GREENEPRESIDENT AND CEO
Officer
35$287,172$112,682
WIMAL ARIYAWANSACFO AND EVP
Officer
35$267,364$102,434
SHANNY SPRAUS-REINHARDTCHIEF IMPACT OFFICER & EVP
Officer
35$264,212$90,268
GBENGA DAWODUCREO (TERM 04/11/25)
Officer
35$265,497$77,650
NASER GJELOSHIEVP AND COO
Officer
35$277,192$45,110
PAUL KELLYGEN. COUNSEL AND EVP
Officer
35$268,956$51,635
BRIAN DREW LINETTSR. VP, CONTROLLER
Officer
35$201,153$90,475
CARMINE A STABILESVP, OPS & INFRA
Key employee
35$203,761$84,566
SUSIE KIMDEPUTY GENERAL COUNSEL
Officer
35$195,111$90,286
MATTHEW HARRISONSR. VP, DEVELOPMENT
Highest-paid employee
35$196,726$85,895
SIMONE ROBINSON-BARNETTSR. VP, PROPERTY MANAGEMENT
Key employee
35$200,067$73,508
SHANI LEIBOWITZSR. VP, PLANNING & TRANS.
Key employee
35$204,299$66,864
JOSEPH AARON COLISTASR.VP, LEASING
Key employee
35$185,383$82,200
HAMZA TAIPOVICCHIEF ENGINEER
Highest-paid employee
35$185,335$79,115
KERRY A KEEGANSR. VP, DESIGN & CONSTRUCTION
Key employee
35$207,776$51,481
35 more people on this return
NameTitleHours / weekCompensationOther / benefits
JOHN COBURNVP, LEAD ARCHITECT
Highest-paid employee
35$172,021$79,462
ARI SCHNEIDERMANSR. VP, TECHNOLOGY
Key employee
35$212,825$38,074
JOYCE DIVERCESVP OF IMPACT & PARTNERSHIPS
Highest-paid employee
35$185,882$61,966
MINDEN KOOPMANSCHIEF OF STAFF
Highest-paid employee
35$169,595$60,147
ADAM FREIDMANBOARD MEMBER
Trustee or director
1$0$0
ALEXANDER NOJOVITSBOARD MEMBER
Trustee or director
1$0$0
AMANI MARTINBOARD MEMBER (OUTGOING)
Trustee or director
1$0$0
BILL D TURNERBOARD MEMBER (OUTGOING)
Trustee or director
1$0$0
BLAKE FOOTEBOARD MEMBER
Trustee or director
1$0$0
CAMILLE HASTICKBOARD MEMBER
Trustee or director
1$0$0
CARLO A SCISSURABOARD MEMBER
Trustee or director
1$0$0
EDWARD MAFOUNDBOARD MEMBER
Trustee or director
1$0$0
GABRIELLE FIALKOFFBOARD MEMBER
Trustee or director
1$0$0
HANK GUTMANBOARD CHAIR
Trustee or director, Officer
2$0$0
HENRY T BERGERBOARD MEMBER (OUTGOING)
Trustee or director
1$0$0
JILLIAN JOSEPHVICE CHAIR
Trustee or director, Officer
1$0$0
JOCELYNNE RAINEYBOARD MEMBER
Trustee or director
1$0$0
JOEL LEITNERBOARD MEMBER
Trustee or director
1$0$0
JOSEPH KOHL-RIGGSBOARD MEMBER
Trustee or director
1$0$0
KEI HAYASHIBOARD MEMBER
Trustee or director
1$0$0
LEAH ARCHIBALDBOARD MEMBER
Trustee or director
1$0$0
LESTER W YOUNG JRBOARD MEMBER (OUTGOING)
Trustee or director
1$0$0
LISA DAVISBOARD MEMBER
Trustee or director
1$0$0
MARCO CARRIONBOARD MEMBER
Trustee or director
1$0$0
MARK CHAMBERSBOARD MEMBER
Trustee or director
1$0$0
MEREIDITH KANEBOARD MEMBER
Trustee or director
1$0$0
OFER COHENBOARD MEMBER
Trustee or director
1$0$0
RAMON PEGUEROBOARD MEMBER
Trustee or director
1$0$0
RONALD MCCAINBOARD MEMBER
Trustee or director
1$0$0
ROTIMIT AKINNUOYEBOARD MEMBER
Trustee or director
1$0$0
SAM STERNBOARD MEMBER
Trustee or director
1$0$0
STEVEN M SINACORI ESQBOARD MEMBER
Trustee or director
1$0$0
TONI YUILLE-WILLIAMSBOARD MEMBER
Trustee or director
1$0$0
WENDY ROWDENBOARD MEMBER
Trustee or director
1$0$0
WILLIAM CRUZBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 49 people
NameTitleHours / weekCompensationOther / benefits
LINDSAY GREENEPRESIDENT AND CEO
Officer
35$291,282$90,735
WIMAL ARIYAWANSACFO AND EVP
Officer
35$262,290$102,316
SHANNY SPRAUS-REINHARDTCHIEF IMPACT OFFICER & EVP
Officer
35$259,181$74,011
PAUL KELLYGEN. COUNSEL AND EVP
Officer
35$264,367$65,319
NASER GJELOSHIEVP AND COO
Officer
35$271,732$43,857
CARMINE A STABILESVP, OPERATING. & INFRASTUCTURE
Key employee
35$200,783$89,922
BRIAN DREW LINETTSENIOR VICE PRESIDENT, CONTROLLER
Officer
35$197,084$91,880
MATTHEW BRANDT HARRISONSVP, DEVELOPMENT
Highest-paid employee
35$194,716$89,701
SHANI LEIBOWITZSR. VP, PLANNING & TRANSPORTATION
Key employee
35$220,072$63,083
HAMZA TAIPOVICCHIEF ENGINEER
Highest-paid employee
35$203,515$78,494
SIMONE ROBINSON-BARNETTSR. VP, PROPERTY MANAGEMENT
Key employee
35$197,171$73,824
SUSIE KIMDEPUTY GENERAL COUNSEL
Officer
35$187,625$81,468
KERRY A KEEGANSR. VP, DESIGN & CONSTRUCTION
Key employee
35$208,343$50,509
JOSEPH AARON COLISTASR.VP, LEASING
Key employee
35$176,750$80,286
ARI SCHNEIDERMANSENIOR VICE PRESIDENT, TECHNOLOGY
Key employee
35$209,460$37,500
JOHN COBURNVICE PRESIDENT, LEAD ARCHITECT
Highest-paid employee
35$165,113$71,732
ALEJANDRO TRIANAVP, DESIGN & CONSTRUCTION
Highest-paid employee
35$150,485$59,607
EVELYN FANNERONASSISTANT GENERAL COUNSEL
Highest-paid employee
35$156,716$40,924
ADAM FREIDMANBOARD MEMBER
Trustee or director
1$0$0
ALEXANDER NOJOVITSBOARD MEMBER
Trustee or director
1$0$0
AMANI MARTINBOARD MEMBER
Trustee or director
1$0$0
BILL D TURNERBOARD MEMBER
Trustee or director
1$0$0
CAMILLE HASTICKBOARD MEMBER
Trustee or director
1$0$0
CARLO A SCISSURABOARD MEMBER
Trustee or director
1$0$0
EDWARD MAFOUNDBOARD MEMBER
Trustee or director
1$0$0
GABRIELLE FIALKOFFBOARD MEMBER
Trustee or director
1$0$0
HANK GUTMANBOARD CHAIR
Trustee or director, Officer
2$0$0
HENRY T BERGERBOARD MEMBER
Trustee or director
1$0$0
JANE MARSHALLBOARD MEMBER (OUTGOING)
Trustee or director
1$0$0
JILLIAN JOSEPHVICE CHAIR
Trustee or director, Officer
1$0$0
JOCELYN RAINEYBOARD MEMBER
Trustee or director
1$0$0
JOEL LEITNERBOARD MEMBER
Trustee or director
1$0$0
JOSEPH KOHL-RIGGSBOARD MEMBER
Trustee or director
1$0$0
KEI HAYASHIBOARD MEMBER
Trustee or director
1$0$0
LESTER W YOUNG JRBOARD MEMBER
Trustee or director
1$0$0
LISA DAVISBOARD MEMBER
Trustee or director
1$0$0
LISA GOMEZBOARD MEMBER (OUTGOING)
Trustee or director
1$0$0
MARCO CARRIONBOARD MEMBER
Trustee or director
1$0$0
MEREIDITH KANEBOARD MEMBER
Trustee or director
1$0$0
OFER COHENBOARD MEMBER
Trustee or director
1$0$0
RAMON PEGUEROBOARD MEMBER
Trustee or director
1$0$0
RONALD MCCAINBOARD MEMBER
Trustee or director
1$0$0
ROTIMIT AKINNUOYEBOARD MEMBER
Trustee or director
1$0$0
SAM STERNBOARD MEMBER
Trustee or director
1$0$0
STEVEN M SINACORI ESQBOARD MEMBER
Trustee or director
1$0$0
TONI YUILLE-WILLIAMSBOARD MEMBER
Trustee or director
1$0$0
WENDY ROWDENBOARD MEMBER
Trustee or director
1$0$0
WILLIAM CRUZBOARD MEMBER
Trustee or director
1$0$0
WILLLIAM D TURNERBOARD MEMBER (OUTGOING)
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 42 people
NameTitleHours / weekCompensationOther / benefits
JOHANNA GREENBAUMEVP, CHIEF OF STAFF (OUTGOING)
Officer
35$264,837$93,544
WIMAL ARIYAWANSACFO AND EVP
Officer
35$253,518$100,273
PAUL KELLYGEN. COUNSEL AND EVP
Officer
35$253,008$81,442
NASER GJELOSHIEVP AND COO
Officer
35$261,656$41,016
BRIAN DREW LINETTSR VP AND CONTROLLER
Highest-paid employee
35$185,545$92,381
CARMINE A STABILESR VP OF OPT. & INFR.
Highest-paid employee
35$187,930$88,279
CHENEY CHERRYSR VP OF HUMAN RESOURCES
Highest-paid employee
35$210,987$40,907
LINDSAY GREENEPRESIDENT AND CEO (START 3/15/22)
Officer
35$227,061$17,608
KERRY A KEEGANSR VP OF DESIGN AND CONSTRUCTION
Highest-paid employee
35$191,147$49,650
ARI SCHNERIDERMANSR VP OF TECHNOLOGY
Highest-paid employee
35$197,204$34,642
DAVID EHRENBERGPRESIDENT AND CEO (TERM 3/11/22)
Officer
35$189,479$37,603
ABBY HAMLINBOARD MEMBER (OUTGOING)
Trustee or director
1$0$0
ADAM FREIDMANBOARD MEMBER
Trustee or director
1$0$0
ALEXANDER NOJOVITSBOARD MEMBER
Trustee or director
1$0$0
AMANI MARTINBOARD MEMBER
Trustee or director
1$0$0
CAMILLE HASTICKBOARD MEMBER
Trustee or director
1$0$0
CARLO A SCISSURABOARD MEMBER
Trustee or director
1$0$0
DANIEL MCQUADEBOARD MEMBER (OUTGOING)
Trustee or director
1$0$0
EDWARD MAFOUNDBOARD MEMBER
Trustee or director
1$0$0
GABRIELLE FIALKOFFBOARD MEMBER
Trustee or director
1$0$0
HENRY GUTMANBOARD CHAIR
Trustee or director, Officer
2$0$0
HENRY T BERGERBOARD MEMBER
Trustee or director
1$0$0
JANE MARSHALLBOARD MEMBER
Trustee or director
1$0$0
JILLIAN JOSEPHVICE CHAIR
Trustee or director, Officer
1$0$0
JOEL LEITNERBOARD MEMBER
Trustee or director
1$0$0
JOSEPH KOHL-RIGGSBOARD MEMBER
Trustee or director
1$0$0
KEI HAYASHIBOARD MEMBER
Trustee or director
1$0$0
LESTER W YOUNG JRBOARD MEMBER
Trustee or director
1$0$0
LISA DAVISBOARD MEMBER
Trustee or director
1$0$0
LISA GOMEZBOARD MEMBER
Trustee or director
1$0$0
MARCO CARRIONBOARD MEMBER
Trustee or director
1$0$0
MEREIDITH KANEBOARD MEMBER
Trustee or director
1$0$0
OFER COHENBOARD MEMBER
Trustee or director
1$0$0
RAMON PEGUEROBOARD MEMBER
Trustee or director
1$0$0
RONALD MCCAINBOARD MEMBER
Trustee or director
1$0$0
ROTIMIT AKINNUOYEBOARD MEMBER
Trustee or director
1$0$0
SAM STERNBOARD MEMBER
Trustee or director
1$0$0
STEVEN M SINACORI ESQBOARD MEMBER
Trustee or director
1$0$0
TONI YUILLE-WILLIAMSBOARD MEMBER
Trustee or director
1$0$0
WENDY ROWDENBOARD MEMBER
Trustee or director
1$0$0
WILLIAM CRUZBOARD MEMBER
Trustee or director
1$0$0
WILLLIAM D TURNERBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
141 FLUSHING AVENUE SUITE 801, BROOKLYN, NY 11205-1338
Principal officer (990 for 2024)
LINDSAY GREENE, 141 FLUSHING AVENUE 801, BROOKLYN, NY 11205
Signed the 990
WIMAL ARIYAWANSA, CFO EVP
Phone
(718) 907-5931
Return prepared by
CBIZ ADVISORS LLC

Mission

TO MANAGE THE BROOKLYN NAVY YARD FOR THE CITY OF NEW YORK, SPECIFICALLY TO EXPAND JOB OPPORTUNITIES FOR NEW YORKERS BY FOSTERING THE DEVELOPMENT OF SMALL BUSINESSES.

990 for the year ended June 30, 2025

Program accomplishments

  • TO MANAGE THE BROOKLYN NAVY YARD FOR THE CITY OF NEW YORK, SPECIFICALLY TO EXPAND JOB OPPORTUNITES FOR NEW YORKERS BY FOSTERING THE DEVELOPMENT OF SMALL BUSINESSES.
    Expenses $74,737,269 · revenue $73,006,421

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
11-2137138
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1982
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,084,013,549
Income (IRS master file)
$157,153,274

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$157,153,274$96,745,816$1,084,013,549XML
990June 2024$129,560,297$100,677,211$1,070,805,485XML
990June 2023$119,270,831$91,268,281$1,045,949,064XML
990June 2022$82,249,010$104,694,430$1,009,962,823IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-2137138).

Questions about BROOKLYN NAVY YARD DEVELOPMENT CORPORATION

What is the EIN of BROOKLYN NAVY YARD DEVELOPMENT CORPORATION?
The employer identification number (EIN) of BROOKLYN NAVY YARD DEVELOPMENT CORPORATION is 11-2137138.
Is BROOKLYN NAVY YARD DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to BROOKLYN NAVY YARD DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BROOKLYN NAVY YARD DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BROOKLYN NAVY YARD DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BROOKLYN NAVY YARD DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BROOKLYN NAVY YARD DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names LINDSAY GREENE.
Who are the officers and directors of BROOKLYN NAVY YARD DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 50 people; 19 received compensation from the organization, the highest $287,172 (LINDSAY GREENE, PRESIDENT AND CEO).
How much revenue does BROOKLYN NAVY YARD DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $157,153,274, expenses of $96,745,816 and total assets of $1,084,013,549 at year end.

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