irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $765KBROOKLYN MADE STORE - THE MISSION OF THE STORE IS TO IDENTIFY AND PROMOTE DESIGNERS, MAKERS, ENTREPRENEURS, MOSTLY FROM COMMUNITIES OF COLOR, WHO EMBODY ESSENCE OF WHAT IT MEANS TO BE BROOKLYN, AS REPRESENTED THROUGH THEIR UNIQUE PRODUCTS.
- #2 $596KBUSINESS SOLUTION CENTER - AN INITIATIVE OF NYC DEPARTMENT OF SMALL BUSINESS SERVICES (DSBS) TO PROMOTE DEVELOPMENT AND ECONOMIC WELL-BEING OF GROWING BUSINESSES BY ANSWERING QUESTIONS, OFFERING CLASSES, AND ASSISTING WITH OBTAINING LOANS AND LEVERAGING GOVERMENT AND COMMUNITY RESOURCES.
named programs · 3 · from sources
What they call their work
Brooklyn Goes Global
Initiative to create and enhance job and economic development in Brooklyn by fostering domestic and international trade partnerships for local businesses.
Brooklyn Made Store
Retail initiative that identifies and promotes designers, makers, and entrepreneurs—primarily from communities of color—whose products reflect the essence of Brooklyn culture and identity.
Business Solution Center
Program developed in partnership with NYC Department of Small Business Services to support growing businesses through guidance, training, loan assistance, and access to government and community resources.
activities · 3 groups
What they do
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Artist Marketplace Operations 1 activity
- Operating Brooklyn Made Store to promote local designers and entrepreneursOperates the Brooklyn Made Store to identify and promote designers, makers, and entrepreneurs—primarily from communities of color—by showcasing and selling their Brooklyn-representative products.
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Business Improvement District Management 1 activity
- Promoting economic development through Brooklyn Goes GlobalRuns Brooklyn Goes Global to stimulate job creation and economic growth in Brooklyn by fostering domestic and international trade partnerships.
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Startup Acceleration & Business Growth Support 1 activity
- Providing business support through the Business Solution CenterOperates the Business Solution Center to support growing businesses by providing guidance, training classes, loan assistance, and access to government and community resources.
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financials · form 990 · fy2024
revenue
Total revenue$6.31M
Contributions & grants$5.81M92%
Program service revenue$00%
Investment income$00%
Other revenue$500K
expenses
Total expenses$6.45M
Program expenses76%
Admin / overhead15%
Fundraising9%
Salaries & benefits$3.41M
Grants paid out$30K
Largest expense lineCompensation
balance sheet
Total assets$6.75M
Cash$400K
Investments$0
Liabilities$6.44M
Net assets$313K
Liquid reserves0.7 mo
5 years on record · 2020–2024 · YoY revenue +1.7%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 7
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| RANDOLPH PEERS | PRESIDENT & CEO | 30 | $350K |
| KATHIE LEE | EVP & GENERAL COUNSEL | 36 | $224K |
| CHANDRABAN MOTILALL | CFO | 36 | $188K |
| RICHARD RUSSO | COO | 28 | $163K |
| MARK CASERTA | VP OF SMALL BUSINESS SUPPO | 40 | $141K |
| DINA RABINER | VP OF ECONOMIC DEVELOPMENT | 40 | $137K |
| CAMILLE HASTICK | VP OF EXTERNAL AFFAIRS & GOV'T RELATIONS | 40 | $119K |
board members · 17
- ANA OLIVERIRA — CHAIR
- DR PATRICIA RAMSEY — MEMBER
- EVELYN ORTIZ — MEMBER
- GIL CYGLER — VICE CHAIR
- GREGORY ANDERSON — MEMBER
- JOHARI JENKINS — MEMBER
- KENDALL CHRISTIANSEN — SECRETARY
- KENNETH MBONU — MEMBER
- LARA BIRNBACK — MEMBER
- LOUIE LIU — MEMBER
- PASQUALE PATRONE — TREASURER
- PATRICK DUGAN — MEMBER
- REGINA MYER — MEMBER
- STEVE COHEN — MEMBER
- SUSAN DOBAN — MEMBER
- TIFFANY JOY MURCHISON — MEMBER
- TOBY MOSKOVITS — MEMBER
relationships · 1
Who they work with
- NYC Department of Small Business Services Partner — Collaborates on the operation of the Business Solution Center to support growing businesses in Brooklyn.
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.
- Culturally Rooted Economic Developmentmethodology: culturally_rooted_economic_developmentBy supporting entrepreneurs from communities of color whose products reflect Brooklyn’s cultural identity, we stimulate local economic development because culturally authentic businesses strengthen community ownership, market differentiation, and inclusive growth.
- Integrated Small Business Support Modelmethodology: integrated_small_business_supportBy combining technical assistance, education, and resource navigation into a single support model, we produce stronger small business outcomes because integrated services reduce barriers to access and increase the coherence and effectiveness of support over time.