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METROTECH AREA DISTRICT MANAGEMENT ASSOC
BROOKLYN, NY · EIN 133601854 · Form 990 · FY2024 · NTEE S300 · Community Improvement · Medium ($1M-$10M)
revenue
$6.0M
expenses
$5.6M
net assets
$5.0M
employees
0
volunteers
23
program ratio
81%
mission · from form 990

PROMOTE THE VITALITY AND ECONOMIC GROWTH OF A BUSINESS IMPROVEMENT DISTRICT LOCATED IN NYC.

profile · synthesized from sources

Metrotech Area District Management Association is a nonprofit organization based in Brooklyn, NY, focused on promoting economic growth and vitality within its designated Business Improvement District. The organization supports this mission through marketing initiatives, public space maintenance, and infrastructure upkeep. Its activities are centered on enhancing the urban environment for residents, businesses, and visitors.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $493K
    MARKETING - PROMOTING THE DISTRICT TO RESIDENTS AND TOURISTS AND TO RETAIN AND DEVELOP PROSPECTIVE BUSINESSES.
  2. #2 $2.28M
    PUBLIC SPACE - MAINTAINING CLEAN STREETS/CURBS, GARBAGE REMOVAL, AND SUPPLEMENTAL REPAIR AND MAINTENANCE OF SIDEWALKS, SIGNAGE AND PUBLIC FURNITURE AND FIXTURES.
named programs · 2 · from sources

What they call their work

Marketing and Business Development
Promotes the district to residents, tourists, and prospective businesses to support economic growth and business retention.
Public Space Maintenance
Provides street cleaning, garbage removal, and maintenance of sidewalks, signage, and public furniture within the district.
activities · 2 groups

What they do

  • Regional Tourism Promotion 1 activity
    • Marketing and promotion of business improvement district
      Conducts marketing initiatives to promote the business improvement district to residents, tourists, and prospective businesses, enhancing visibility and economic engagement.
  • Supplemental Urban Sanitation Services 1 activity
    • Public space maintenance and sanitation
      Performs ongoing maintenance of public spaces including street and curb cleaning, garbage removal, and repair of sidewalks, signage, and public furniture and fixtures within the district.
financials · form 990 · fy2024
revenue
Total revenue$5.99M
Contributions & grants$110K2%
Program service revenue$5.66M94%
Investment income$224K4%
Other revenue$0
expenses
Total expenses$5.63M
Program expenses81%
Admin / overhead19%
Fundraising0%
Salaries & benefits$2.39M
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$5.33M
Cash$4.83M
Investments$0
Liabilities$285K
Net assets$5.04M
Liquid reserves10.3 mo
6 years on record · 2019–2024 · YoY revenue +5.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 4
NameTitleHours/wkCompensation
REGINA MYER PRESIDENT 10 $499K
BELINDA CAPE S.V.P. OF COMM. & PUBLIC AFFAIRS 10 $199K
PETER COYNE DIRECTOR OF PUBLIC SAFETY 10 $189K
JENNIFER TAUSIG OUTGOING S.V.P. OF FINANCE & OPERATIONS 45 $109K
board members · 21
  • AL PANKIN — DIRECTOR
  • ALBERT LABOZ — DIRECTOR
  • ALI ESMAEILZADEH — CHAIR
  • ARI GOLDSTEIN — DIRECTOR
  • CALLIE HAINES — DIRECTOR
  • CHARLY COUTURE — DIRECTOR
  • CHIRSTOPHER MCKENNA — DIRECTOR
  • DAVID LOMBINO — DIRECTOR
  • DAVID MCCARTY — DIRECTOR
  • ELIZABETH GAFFNEY — DIRECTOR
  • EVAN WALKE — DIRECTOR
  • JEFFREY KAY — DIRECTOR
  • JENNIFER BUTLER — DIRECTOR
  • JESSE COOPERMAN — DIRECTOR
  • JIMMY LAM — DIRECTOR
  • MELISSA CASEY — DIRECTOR
  • MICHAEL NEWMAN — DIRECTOR
  • MORRIS JEROME — DIRECTOR
  • NANCY UMANOFF — DIRECTOR
  • NORMAN RYAN — DIRECTOR
  • PATRICIA BRATHWAITE — DIRECTOR
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.

  • Business Improvement District Model
    methodology: business_improvement_district
    By investing in marketing and public space maintenance, we stimulate economic vitality in the district because improved aesthetics and promotion attract more visitors and support local businesses.