Park Slope Fifth Avenue District Management Association Inc

Organization Overview

Park Slope Fifth Avenue District Management Association Inc is located in Brooklyn, NY. The organization was established in 2009. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2023, Park Slope Fifth Avenue District Management Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Slope Fifth Avenue District Management Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Park Slope Fifth Avenue District Management Association Inc generated $741.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $711.8k during the year ending 06/2023. While expenses have increased by 7.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE ECONOMIC GROWTH AND WELL BEING OF THE BUSINESSES IN THE BUSINESS IMPROVEMENT DISTRICT THROUGH IMPROVING NEIGHBORHOOD CONDITIONS AND THE BUSINESS ENVIRONMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION IS DEDICATED TO THE PUBLIC PURPOSE OF IMPROVING NEIGHBORHOOD BUSINESS AND ENVIRONMENTAL CONDITIONS AND PROMOTING THE GENERAL WELFARE OF THE BUSINESSES AND PEOPLE IN THE PARK SLOPE FIFTH AVE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Kim Maier
Secretary
$0
Howard Mankin
Vice President
$0
Jonthan Bayer
Vice President
$0
Erika Clark
President
$0
Mario Dibiase
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $500,000
All other contributions, gifts, grants, and similar amounts not included above$241,896
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$741,896
Total Program Service Revenue$0
Investment income $9
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $741,905

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