Overview
What is South Brooklyn Local Development Corporation Inc?
South Brooklyn Local Development Corporation Inc is a nonprofit organization dedicated to bolstering the local economy in its community. Their primary role involves offering assistance to merchants and fostering economic growth within the neighborhood. By providing necessary support, they aim to empower these businesses and stimulate commercial activities, ultimately contributing to the overall prosperity of the area.
Is South Brooklyn Local Development Corporation Inc legitimate?
South Brooklyn Local Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Brooklyn Local Development Corporation Inc submitted a form 990EZ, 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.
What is the mission statement of South Brooklyn Local Development Corporation Inc?
The South Brooklyn Local Development Corporation Inc's primary role is to aid merchants and stimulate economic growth within its community. Its mission is to offer support to local businesses and actively work towards fostering economic activities. By providing assistance to merchants, this organization contributes to the neighborhood's economic vitality and overall development.
What is the revenue of South Brooklyn Local Development Corporation Inc?
South Brooklyn Local Development Corporation Inc's revenue in 2021 was $0.
Who are the executives of South Brooklyn Local Development Corporation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990EZ for South Brooklyn Local Development Corporation Inc?
South Brooklyn Local Development Corporation Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of South Brooklyn Local Development Corporation Inc
South Brooklyn Local Development Corporation Inc, as stated, is an organization dedicated to supporting merchants and fostering economic growth within its neighborhood. By providing assistance to local businesses, this corporation aims to bolster the local economy and create a thriving commercial landscape. Their mission is to serve as a catalyst for economic development, promoting sustainable and prosperous ventures for the benefit of the community.
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Impact
October, 2024
South Brooklyn Local Development Corporation Inc significantly impacts the local economy by offering essential support to merchants and fostering economic activities within the neighborhood. By facilitating resources and opportunities for businesses, the organization enhances community engagement, stimulates local markets, and nurtures growth among entrepreneurs. This supportive environment helps to create jobs, improve commerce, and ultimately leads to a more vibrant and sustainable community in Brooklyn, NY. Through its initiatives, the organization plays a crucial role in community improvement and economic development, ensuring that local businesses thrive and contribute positively to the neighborhood's overall prosperity.
This information is meant to be a general summary of South Brooklyn Local Development Corporation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
Assets and Liabilities:
- Total Assets: $2,025
- Total Liabilities: $0
- Net Assets: $2,025
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Organization Details
Principal Officer
Heidi Cunnick
NTEE Category
Code: S200 - Community improvement
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