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THE LONG ISLAND CITY PARTNERSHIP INC

LONG ISLAND CITY, NY · EIN 112651377 · Form 990 · FY2024 · NTEE S31Z · Community Improvement · Medium ($1M-$10M) · licpartnership.org
revenue
$1.6M
expenses
$1.7M
net assets
$753K
employees
14
volunteers
82
program ratio
67%
mission · from form 990

A NEIGHBORHOOD DEVELOPMENT ORGANIZATION FOR LONG ISLAND CITY, QUEENS.

profile · synthesized from sources

Long Island City Partnership (LICP) is a neighborhood development organization focused on economic growth in Long Island City, Queens. It manages the Long Island City Business Improvement District and Industrial Business Zone, providing sanitation, business support, and community engagement. The organization promotes local businesses and attracts investment through marketing, events, and visitor programs.

named programs · 3 · from sources

What they call their work

LIC Industrial Business Zone (IBZ)
Supports industrial businesses through zoning protections against residential rezoning and provides direct services to sustain the industrial workforce and commercial base.
Long Island City Business Improvement District (LIC BID)
Manages daily sanitation, maintenance of public spaces, visitor attraction, safety initiatives, and retail recruitment in the designated BID area of Long Island City.
Networking and Community Events
Hosts educational, networking, and community-focused events to connect local businesses, residents, and visitors and strengthen the local economy.
activities · 5 groups

What they do

  • Regional Tourism Promotion 2 activities
    • Information and promotion hub for Long Island City
      Serves as a central source for information on Long Island City news, attractions, and events, enhancing public access and engagement with the neighborhood.
    • Tourism promotion and visitor engagement
      Attracts over 20 million annual visitors to Long Island City’s waterfront and cultural attractions, as reported in 2024, through strategic promotion and programming.
  • Regional Economic Development Initiatives 1 activity
    • Business attraction and economic development programs
      Implements targeted programs to attract retail businesses to the Long Island City Business Improvement District, supporting local economic growth and commercial revitalization.
  • Business Member Promotion Services 1 activity
    • Business membership and promotional services
      Offers member businesses networking opportunities, marketing platforms, sponsorship options, and branded materials such as street banners and maps to promote visibility and engagement in Long Island City.
  • Neighborhood Civic Engagement 1 activity
    • Community and networking events
      Hosts networking, educational, and community-focused events to strengthen connections among residents, businesses, and stakeholders in Long Island City.
  • Business Improvement District Management 1 activity
    • Neighborhood development and management in Long Island City
      Operates as a neighborhood development organization focused on the Long Island City Business Improvement District, providing sanitation, maintenance of capital improvements, and managing public space to support community and economic vitality.
financials · form 990 · fy2024
revenue
Total revenue$1.63M
Contributions & grants$290K18%
Program service revenue$1.31M81%
Investment income$24K1%
Other revenue$0
expenses
Total expenses$1.73M
Program expenses67%
Admin / overhead33%
Fundraising0%
Salaries & benefits$1.28M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$1.09M
Cash$851K
Investments$0
Liabilities$332K
Net assets$753K
Liquid reserves5.9 mo
4 years on record · 2020–2024 · YoY revenue +6.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 4
NameTitleHours/wkCompensation
LAURA ROTHROCK PRESIDENT 40 $256K
CHARLES YU VP, ECONOMIC DEVELOPMENT 40 $146K
YING HUANG CHIEF ADMINISTRATIVE OFFICER 40 $125K
BARI LASKY SR. DIRECTOR OF EVENTS AND SPONSORSHIPS 40 $120K
board members · 21
  • ABNER WITHERS — DIRECTOR
  • ADAM KAUFMAN — DIRECTOR
  • ALICIA ISKHAKOVA — DIRECTOR
  • ALVAREZ SYMONETTE — TREASURER
  • ANDREW CHUNG — DIRECTOR
  • ANDREW KURD — DIRECTOR
  • ANDREW SOMMER — DIRECTOR
  • ASHLEY CHO — DIRECTOR
  • BENJAMIN GOLDRICH — DIRECTOR
  • CAMERON HERNANDEZ — DIRECTOR
  • CHARLES BOYCE — FIRST VICE CHAIR
  • CHRIS BRESNAN — DIRECTOR
  • CRAIG RATIGAN — DIRECTOR
  • DAVID BRAUSE — CHAIR
  • ED JARAM — DIRECTOR
  • ELLIOT PARK — SECOND VICE CHAIR
  • ERIC BENAIM — DIRECTOR
  • FRANK AMARANTE — DIRECTOR
  • FRANK MONTERISI JR — DIRECTOR
  • FRANK ZUCKERBROT — DIRECTOR
  • GREG SMITH — DIRECTOR
relationships · 1

Who they work with

  • City of New York Government — Collaborates on the designation and support of the Long Island City Industrial Business Zone through city zoning policies.
strategies · 2

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 for Economic Revitalization
    methodology: business-improvement-district-model
    By leveraging a Business Improvement District (BID) structure, the organization enhances neighborhood cleanliness, safety, and retail appeal, which in turn increases foot traffic, business engagement, and local economic growth because structured public-private partnerships enable coordinated investment in shared urban infrastructure.
  • Neighborhood Development as Community Improvement Strategy
    methodology: neighborhood_development
    By investing in neighborhood development, the organization fosters broader community improvement in Long Island City because physical, economic, and social enhancements to the local environment create conditions for sustained civic and economic engagement.