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Nonprofit · EIN 11-3619986

86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC

Tax-exempt · BROOKLYN, NY 11209

Financials

$344K$330K2023$340K$354K2024
Revenue Expenses · by fiscal year end
Financials of 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$340,050$353,679-$13,629$346,548$188,525$158,023
June 30, 2024990$343,839$330,403$13,436$339,966$168,314$171,652
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$337,067
of which government grants
$337,067
Program service revenue
$0
Investment income
$2,983
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$60,660
Salaries, compensation and benefits (total)
$60,660
Professional fundraising fees
$0
Occupancy
$20,418
Depreciation
$4,185
Program services (functional)
$271,776
Management and general (functional)
$81,903

Balance sheet and other

Total assets, start of year
$339,966
Total assets, end of year
$346,548
Total liabilities, end of year
$188,525
Net assets, end of year
$158,023
Land, buildings and equipment
$19,577
Net assets without donor restrictions
$158,023
Gross receipts
$340,050
Employees
0
Year formed
2001
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 / weekCompensation
Patrick CondrenExecutive Direc
Trustee or director
20$60,660
Sandy VallasVice President
Officer
0$0
Steve HantzepetrosPresident
Officer
0$0
Betty CohenSecretary
Officer
0$0
Javaid S SyedTreasurer
Officer
0$0
Janet BonamassaVice President
Officer
0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
Patrick CondrenExecutive Direc
Trustee or director
20$45,000
Sandy VallasVice President
Officer
0$0
Steve HantzepetrosPresident
Officer
0$0
Betty CohenSecretary
Officer
0$0
Javaid S SyedTreasurer
Officer
0$0
Janet BonamassaVice President
Officer
0$0

Address and contacts

Address (IRS master file)
415 86TH ST STE 2, BROOKLYN, NY 11209-4739
In care of
% JOHN J LOQUE JR
Principal officer (990 for 2024)
Steve Hantzepetros, 415 86th Street 2nd Floor, Brooklyn, NY 11209
Signed the 990
Steve Hantzepetros, President
Phone
(718) 680-2420
Return prepared by
Cipriani & Bauer CPAs

Mission

To promote the economic growth and well being of the people and businesses in the Bay Ridge 86th Street area along with people visiting the neighborhood by providing supplemental services to the community. These services include sanitation, holiday lights/decorations, graffiti removal, beautification projects, and other services and activities which foster safety, crime reduction, improved traffic flow and cleanliness to create a welcoming environment for residents, businesses, shoppers and visitors. Additionally, they also makes post-Covid efforts to retain, develop and cultivate local businesses in the BID.

990 for the year ended June 30, 2025

Program accomplishments

  • Provided supplemental services to the community including sanitation, holiday lights/decorations, graffiti removal, and other services and activities which foster safety, crime reduction, improved traffic flow and cleanliness to create a welcoming environment for residents, businesses, shoppers and visitors. Additionally, they also makes post-Covid efforts to retain, develop and cultivate local businesses in the BID.
    Expenses $271,776

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
11-3619986
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$346,548
Income (IRS master file)
$340,050

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$340,050$353,679$346,548XML
990June 2024$343,839$330,403$339,966XML
990June 2023$365,548$356,854$324,133IRS
990June 2022$290,029$287,424$169,191IRS
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 11-3619986).

Questions about 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC

What is the EIN of 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC?
The employer identification number (EIN) of 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC is 11-3619986.
Is 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC 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 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC 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 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC 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 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC?
The 990 for the year ended June 30, 2025 names Steve Hantzepetros.
Who are the officers and directors of 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC?
The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $60,660 (Patrick Condren, Executive Direc).
How much revenue does 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $340,050, expenses of $353,679 and total assets of $346,548 at year end.

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