The Sea Gate Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 111308900 ✦ Brooklyn, NY ✦ Designated as a 501(c)(4)

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Overview

What is The Sea Gate Association?

The Sea Gate Association is a homeowners association situated in Brooklyn, New York. Its primary objective is to safeguard and preserve the territory recognized as Sea Gate New York. They are responsible for maintaining the shared properties and supplying essential public services to their members. As a community-focused organization, they work diligently to ensure the area's security and upkeep, enhancing the quality of life for their members.

Is The Sea Gate Association legitimate?

The Sea Gate Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Sea Gate Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,496,322

For more financial information, click here

What is the mission statement of The Sea Gate Association?

The Sea Gate Association, serving as a homeowners association, is committed to safeguarding and preserving a specific area, referred to as Sea Gate New York. Its primary objective is to oversee the upkeep of the communal properties and ensure the provision of essential public services for its members. The association's role extends to securing the area and ensuring that necessary facilities are available for the benefit of its members.

Who is the CEO of The Sea Gate Association?

Vincent Cirino is the Boardmember of The Sea Gate Association.

What is the revenue of The Sea Gate Association?

The Sea Gate Association's revenue in 2022 was $5,481,343.

Who are the executives of The Sea Gate Association and what are their salaries?

The average compensation at The Sea Gate Association during 2022 was $16,316. There are 153 employees at The Sea Gate Association.


Here are 15 key members and their salaries:


Dominic D'Angelo (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Fridlin (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ethan Gerber (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Baranoff (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yakov Israel (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Lefkowitz (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Ricci (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Yusupov (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamir Kovach (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robbin Paraison (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Weidhorn (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Baba (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raizy Davis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Cirino (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Stern (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Sea Gate Association?

The Sea Gate Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Sea Gate Association

The Sea Gate Association, a homeowners association, is committed to safeguarding and preserving the region known as Sea Gate New York. Their primary objective is to manage and maintain the communal properties within this area and provide essential public services to its members. By doing so, the association aims to ensure a secure and well-maintained living environment for its members.

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Impact




October, 2024

The Sea Gate Association plays a crucial role in maintaining the quality of life for residents in the Sea Gate area of Brooklyn, NY. By focusing on the protection and security of the neighborhood, the association enhances the sense of community and safety for its members.

The association's efforts to maintain communal properties ensure that shared spaces are well-kept and accessible, fostering a clean and welcoming environment. Furthermore, by providing basic public services, the Sea Gate Association contributes to the overall functionality and livability of the area, allowing residents to enjoy their homes and community to the fullest.

Overall, The Sea Gate Association significantly impacts the local community through its dedicated services and commitment to preserving the unique character of Sea Gate, enhancing both property values and residents' quality of life.




This information is meant to be a general summary of The Sea Gate Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,481,343 (2022)
Expenses
$9,160,470 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$890,274
  • Program Service Revenue: $5,817,743
  • Gross Receipts: $6,374,333

Assets and Liabilities:

  • Total Assets: $27,458,826
  • Total Liabilities: $437,903
  • Net Assets: $27,020,923

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DUES AND CHARGES

Revenue

$4,787,219

KEY AND DECAL FEES

Revenue

$147,851

OTHER INCOME

Revenue

$50

RENTAL INCOME

Revenue

$22,400

SUMMER SERVICE INCOME

Revenue

$860,223

Organization Details

Founding Year

1899

Principal Officer

Vincent Cirino

Main Address

3700 SURF AVENUE, BROOKLYN, NY, 11224

NTEE Category

Code: L50 - Housing

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