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THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DIST INC OF YONKERS NY
YONKERS, NY · EIN 320000310 · Form 990 · FY2024 · NTEE S20 · Community Improvement · Medium ($1M-$10M)
revenue
$1.7M
expenses
$1.9M
net assets
$209K
employees
17
volunteers
60
program ratio
90%
mission · from form 990

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.

profile · synthesized from sources

The Downtown Waterfront Business Improvement District in Yonkers, NY is a community improvement organization focused on economic revitalization and civic welfare within a defined geographic area of Yonkers. It supports local businesses, property owners, and residents by promoting economic development, cultural interests, and public-private collaboration. The organization operates as a local development entity serving the Yonkers business community and city at large.

named programs · 2 · from sources

What they call their work

Civic Engagement and Collaboration
Facilitates cooperation among service firms, retailers, property owners, employers, and citizens to advance shared civic and economic interests in the district
Economic Revitalization Initiative
Program to promote business growth, employment, and consumer opportunities in the Yonkers Downtown/Waterfront district through marketing, events, and public space improvements
activities · 1 group

What they do

  • Business Improvement District Management 3 activities
    • Economic Revitalization and Promotion
      Implements economic revitalization initiatives and promotes cultural, historic, tourist, and civic interests within the Yonkers Downtown/Waterfront Special Improvement District to enhance local business and community engagement.
    • Resource Mobilization for Civic Development
      Mobilizes public and private resources to support economic and civic development in the Yonkers Downtown/Waterfront district through strategic partnerships and funding initiatives.
    • Stakeholder Collaboration and Business Development
      Facilitates cooperation among service firms, retailers, property owners, employers, and citizens to promote business opportunities, employment, consumer choices, and shopper facilities in the Yonkers Downtown/Waterfront district.
financials · form 990 · fy2024
revenue
Total revenue$1.67M
Contributions & grants$179K11%
Program service revenue$1.49M89%
Investment income$3K0%
Other revenue$0
expenses
Total expenses$1.89M
Program expenses90%
Admin / overhead10%
Fundraising0%
Salaries & benefits$853K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$333K
Cash$137K
Investments$0
Liabilities$123K
Net assets$209K
Liquid reserves0.9 mo
5 years on record · 2020–2024 · YoY revenue -5.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
SARA BRODY EXECUTIVE DI 40 $125K
board members · 12
  • ANDREW ROMANO — BOARD MEMBER
  • AVI AARONS — VICE CHAIR
  • DEANNA ROBINSON — BOARD MEMBER
  • GARRY KLEIN — BOARD MEMBER
  • HON MIKE SPANO — BOARD MEMBER
  • JESSE DEUTCH — BOARD MEMBER
  • JOHN LISZEWSKI — BOARD MEMBER
  • KEN DEARDEN — CHAIRMAN
  • MARIE COLAIANNI — BOARD MEMBER
  • MICHAEL MITNICK — BOARD MEMBER
  • PETER MURRAY — BOARD MEMBER
  • ROBERT HOTHAN — BOARD MEMBER
relationships · 1

Who they work with

  • City of Yonkers Government — Aids, works with, and participates in activities alongside the City of Yonkers to support economic and civic development in the Downtown/Waterfront district.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Public-Private Partnership Model
    methodology: public-private-partnership
    By aligning public and private stakeholders through a district-based collaborative structure, we drive economic revitalization and civic development because shared investment and coordinated action amplify impact beyond what either sector can achieve alone.