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Nonprofit · EIN 13-4089489

DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC INC

Tax-exempt · NEW ROCHELLE, NY 10801

Financials

$743K$750K2023$693K$651K2024
Revenue Expenses · by fiscal year end
Financials of DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$693,283$650,778$42,505$462,687$34,634$428,053
December 31, 2023990$742,849$750,442-$7,593$418,276$32,728$385,548
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$693,283
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$120,000
Compensation of officers, directors and key employees
$28,535
Salaries, compensation and benefits (total)
$32,860
Professional fundraising fees
$0
Accounting fees
$7,455
Program services (functional)
$527,648
Management and general (functional)
$123,130

Balance sheet and other

Total assets, start of year
$418,276
Total assets, end of year
$462,687
Total liabilities, end of year
$34,634
Net assets, end of year
$428,053
Net assets without donor restrictions
$428,053
Gross receipts
$693,283
Employees
1
Volunteers
13
Year formed
1999
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KAREL LITTMANEXECUTIVE DIRECTOR
Officer
45$28,535
MARC JEROMECHAIRMAN
Trustee or director, Officer
1$0
WILFREDO MELENDEZVICE CHAIR
Trustee or director, Officer
1$0
EDWARD RITTERTREASURER
Trustee or director, Officer
1$0
ALBERT TARANTINOSECRETARY
Trustee or director, Officer
1$0
SEBASTIAN ALIBERTIBOARD MEMBER
Trustee or director
1$0
GWEN CLAYTONBOARD MEMBER
Trustee or director
1$0
KEVIN RUCKERBOARD MEMBER
Trustee or director
1$0
BRUCE BERGBOARD MEMBER
Trustee or director
1$0
JOSEPH GRAZIOSEBOARD MEMBER
Trustee or director
1$0
JAMES WENDLINGBOARD MEMBER
Trustee or director
1$0
RACHEL GREENSPANBOARD MEMBER
Trustee or director
1$0
JAMES O'TOOLEBOARD MEMBER
Trustee or director
1$0
LOUIS PANICOBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
KAREL LITTMANEXECUTIVE DIRECTOR
Officer
45$155,518
MARC JEROMECHAIRMAN
Trustee or director, Officer
1$0
KATHLEEN GILLVICE CHAIR
Trustee or director, Officer
1$0
EDWARD RITTERTREASURER
Trustee or director, Officer
1$0
ALBERT TARANTINOSECRETARY
Trustee or director, Officer
1$0
SEBASTIAN ALIBERTIBOARD MEMBER
Trustee or director
1$0
JOSEPH V APICELLABOARD MEMBER
Trustee or director
1$0
CIRO CHECHILEBOARD MEMBER
Trustee or director
1$0
JOEL GENDELSBOARD MEMBER
Trustee or director
1$0
JOSEPH GRAZIOSEBOARD MEMBER
Trustee or director
1$0
EDWARD J HARTBOARD MEMBER
Trustee or director
1$0
ROBERT D KAHNBOARD MEMBER
Trustee or director
1$0
JAMES O'TOOLEBOARD MEMBER
Trustee or director
1$0
LOUIS PANICOBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
515 NORTH AVE, NEW ROCHELLE, NY 10801-3405
In care of
% HOWARD RATTNER
Principal officer (990 for 2024)
MARC M JEROME, 515 NORTH AVENUE, NEW ROCHELLE, NY 10801
Signed the 990
MARC M JEROME, CHAIRMAN
Phone
(914) 654-2063
Return prepared by
EFPR GROUP CPAS PLLC

Mission

TO DEVELOP THE BUSINESS DISTRICT INTO A VIBRANT, THRIVING AND SUSTAINABLE DOWNTOWN.

990 for the year ended December 31, 2024

Program accomplishments

  • PROGRAM EXPENSES INCLUDE FUNDING TO CLEAN AND GREEN THE DISTRICTS SIDEWALK'S, CURBS AND PUBLIC SPACES, SUPPORT, PROMOTE, DEVELOP, AND NURTURE LOCAL BUSINESSES, PROPERTY OWNERS AND RESIDENTS IN NEW ROCHELLE'S GROWING CULTURAL, CULINARY, HOSPITALITY AND ARTS/TECHNOLOGY SECTORS DOWNTOWN, COLLABORATING CLOSELY WITH MANY OF THE CITY'S LEADING ORGANIZATIONS.
    Expenses $527,648 · grants $120,000 · revenue $693,283

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-4089489
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$462,687
Income (IRS master file)
$693,283

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$693,283$650,778$462,687XML
990December 2023$742,849$750,442$418,276XML
990December 2022$719,519$816,930$629,116IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 13-4089489).

Questions about DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC INC

What is the EIN of DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC INC?
The employer identification number (EIN) of DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC INC is 13-4089489.
Is DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2000.
Are donations to DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC 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 DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC INC?
The 990 for the year ended December 31, 2024 names MARC M JEROME.
Who are the officers and directors of DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC INC?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $28,535 (KAREL LITTMAN, EXECUTIVE DIRECTOR).
How much revenue does DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DIST MGMT ASSOC INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $693,283, expenses of $650,778 and total assets of $462,687 at year end.

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