Nonprofit · EIN 32-0000310
THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF
Tax-exempt · YONKERS, NY 10701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,780,609 | $1,864,604 | -$83,995 | $273,905 | $148,428 | $125,477 |
| December 31, 2024 | 990 | $1,674,718 | $1,890,094 | -$215,376 | $332,892 | $123,420 | $209,472 |
| December 31, 2023 | 990 | $1,772,195 | $1,877,423 | -$105,228 | $473,605 | $48,757 | $424,848 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $232,168
- of which government grants
- $232,168
- Program service revenue
- $1,547,931
- Investment income
- $510
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $128,420
- Other salaries and wages
- $625,175
- Salaries, compensation and benefits (total)
- $839,604
- Professional fundraising fees
- $0
- Accounting fees
- $46,503
- Occupancy
- $48,486
- Travel
- $29
- Depreciation
- $22,773
- Program services (functional)
- $1,669,975
- Management and general (functional)
- $194,629
Balance sheet and other
- Total assets, start of year
- $332,892
- Total assets, end of year
- $273,905
- Total liabilities, end of year
- $148,428
- Net assets, end of year
- $125,477
- Land, buildings and equipment
- $39,936
- Net assets without donor restrictions
- $125,477
- Gross receipts
- $1,780,609
- Employees
- 16
- Volunteers
- 60
- Year formed
- 2002
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARA BRODY | EXECUTIVE DI Officer | 40 | $128,050 |
| KEN DEARDEN | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| AVI AARONS | VICE CHAIR Trustee or director, Officer | 5 | $0 |
| HON MIKE SPANO | BOARD MEMBER Trustee or director | 2 | $0 |
| JOHN LISZEWSKI | BOARD MEMBER Trustee or director | 2 | $0 |
| GARRY KLEIN | BOARD MEMBER Trustee or director | 2 | $0 |
| ROBERT HOTHAN | BOARD MEMBER Trustee or director | 2 | $0 |
| MICHAEL MITNICK | BOARD MEMBER Trustee or director | 2 | $0 |
| ANDREW ROMANO | BOARD MEMBER Trustee or director | 2 | $0 |
| DEANNA NORMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| PETER MURRAY | BOARD MEMBER Trustee or director | 2 | $0 |
| JESSE DEUTCH | BOARD MEMBER Trustee or director | 2 | $0 |
| SEAN BURG | BOARD MEMBER Trustee or director | 2 | $0 |
| MELANIE JACK | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARA BRODY | EXECUTIVE DI Officer | 40 | $124,988 |
| KEN DEARDEN | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| AVI AARONS | VICE CHAIR Trustee or director, Officer | 5 | $0 |
| HON MIKE SPANO | BOARD MEMBER Trustee or director | 2 | $0 |
| JOHN LISZEWSKI | BOARD MEMBER Trustee or director | 2 | $0 |
| GARRY KLEIN | BOARD MEMBER Trustee or director | 2 | $0 |
| ROBERT HOTHAN | BOARD MEMBER Trustee or director | 2 | $0 |
| MICHAEL MITNICK | BOARD MEMBER Trustee or director | 2 | $0 |
| ANDREW ROMANO | BOARD MEMBER Trustee or director | 2 | $0 |
| MARIE COLAIANNI | BOARD MEMBER Trustee or director | 2 | $0 |
| DEANNA ROBINSON | BOARD MEMBER Trustee or director | 2 | $0 |
| PETER MURRAY | BOARD MEMBER Trustee or director | 2 | $0 |
| JESSE DEUTCH | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARA BRODY | EXECUTIVE DI Officer | 40 | $124,275 |
| KEN DEARDEN | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| AVI AARONS | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| HON MIKE SPANO | BOARD MEMBER Trustee or director | 2 | $0 |
| JOHN LISZEWSKI | BOARD MEMBER Trustee or director | 2 | $0 |
| GARRY KLEIN | BOARD MEMBER Trustee or director | 2 | $0 |
| ROBERT HOTHAN | BOARD MEMBER Trustee or director | 2 | $0 |
| PHILIP GESUEUNTIL 123 | BOARD MEMBER Trustee or director | 2 | $0 |
| ANTHONY LANDIUNTIL 1223 | BOARD MEMBER Trustee or director | 2 | $0 |
| MICHAEL MITNICK | BOARD MEMBER Trustee or director | 2 | $0 |
| ANDREW ROMANO | BOARD MEMBER Trustee or director | 2 | $0 |
| RICHARD STEINUNTIL 623 | BOARD MEMBER Trustee or director | 2 | $0 |
| SABRINA MORAN | BOARD MEMBER Trustee or director | 2 | $0 |
| SUSAN GERRY | BOARD MEMBER Trustee or director | 2 | $0 |
| MEI LIU | BOARD MEMBER Trustee or director | 2 | $0 |
| MARIE COLAIANNI | BOARD MEMBER Trustee or director | 2 | $0 |
| DEANNA ROBINSON | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 15 MAIN ST, YONKERS, NY 10701-2744
- In care of
- % IAN KIPP
- Principal officer (990 for 2025)
- KEN DEARDEN, 15 MAIN STREET, YONKERS, NY 10701
- Signed the 990
- KEN DEARDEN, CHAIRMAN
- Phone
- (914) 969-6660
- Website
- WWW.YONKERSDOWNTOWN.COM
- Return prepared by
- VICTOR J CANNISTRA CPA PC
Mission
THE YONKERS DOWNTOWN/WATERFRONT BUSINESS IMPROVEMENT DISTRICT SHALL SERVE THE SPECIAL IMPROVEMENT DISTRICT IDENTIFIED WITHIN ITS GEOGRAPHICALLY SPECIFIED BOUNDS, THE YONKERS BUSINESS COMMUNITY AND THE CITY OF YONKERS TO FORMULATE, PROMOTE AND IMPLEMENT THE ECONOMIC REVITALIZATION AND GENERAL WELFARE OF THE DISTRICT AND THE CITY, PROMOTE AND PRESERVE THE CULTURAL, HISTORIC, TOURIST AND CIVIC INTERESTS OF THE DISTRICT AND THE CITY; MOBILIZE AVAILABLE PUBLIC AND PRIVATE RESOURCES FOR THESE PURPOSES; PROVIDE A MECHANISM BY WHICH SERVICE FIRMS, RETAIL ESTABLISHMENTS, PROPERTY OWNERS, EMPLOYERS, CITIZENS, AND OTHERS CAN COOPERATE TO PROMOTE BUSINESS OPPORTUNITIES, EMPLOYMENT, CONSUMER CHOICES, SHOPPERS' FACILITIES, AND THE GENERAL CIVIC INTERESTS; AND AID, WORK WITH, AND PARTICIPATE IN THE ACTIVITIES OF OTHER ORGANIZATIONS, INDIVIDUALS AND PUBLIC AND PRIVATE ENTITIES WITHIN AND OUTSIDE THE CITY ENGAGED IN SIMILAR ACTIVITES.
Program accomplishments
- THE BID DELIVERS SERVICES SUCH AS PUBLIC SAFETY AND VISITOR SERVICES, MARKETING AND PROMOTIONAL PROGRAMS, CAPITAL IMPROVEMENTS AND BEAUTIFICATION IN DOWNTOWN WATERFRONT YONKERS DISTRICT. THE SERVICES PROVIDED ARE SUPPLEMENTAL TO THE SERVICE PROVIDED TO THE DISTRICT BY THE CITY OF YONKERS.Expenses $1,669,975 · revenue $1,547,931
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 32-0000310
- 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
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $273,905
- Income (IRS master file)
- $1,780,609
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,780,609 | $1,864,604 | $273,905 | XML |
| 990 | December 2024 | $1,674,718 | $1,890,094 | $332,892 | XML |
| 990 | December 2023 | $1,772,195 | $1,877,423 | $473,605 | XML |
| 990 | December 2022 | $1,907,579 | $1,883,629 | $683,368 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 32-0000310).
Questions about THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF
- What is the EIN of THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF?
- The employer identification number (EIN) of THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF is 32-0000310.
- Is THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF 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 THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF?
- The 990 for the year ended December 31, 2025 names KEN DEARDEN.
- Who are the officers and directors of THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF?
- The 990 for the year ended December 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $128,050 (SARA BRODY, EXECUTIVE DI).
- How much revenue does THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,780,609, expenses of $1,864,604 and total assets of $273,905 at year end.
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