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THE BROOKLYN PLAZA CROWN HEIGHTS CENTER INC

BROOKLYN, NY · EIN 991467525 · Form 990 · FY2024 · NTEE S47 · Community Improvement · Medium ($1M-$10M)
revenue
$3.4M
expenses
$991K
net assets
$2.4M
employees
0
volunteers
9
program ratio
82%
mission · from form 990

BROOKLYN PLAZA CROWN HEIGHTS CENTER, INC. ("BPCHC") WAS ORGANIZED FOR THE PURPOSE OF BPCHC IS TO FACILITATE THE BORROWINGS RELATED TO A NEW MARKETS TAX CREDIT TRANSACTION TO FINANCE THE DEVELOPMENT AND CONSTRUCTION OF A HEALTH CARE FACILITY IN BROOKLYN, NEW YORK.

profile · synthesized from sources

The Brooklyn Plaza Crown Heights Center Inc. is a nonprofit organization based in Brooklyn, New York, established to support the financing of a healthcare facility through a New Markets Tax Credit transaction. Its primary purpose is to facilitate borrowings for the development and construction of this facility. The organization operates within the community improvement sector, focusing on enabling infrastructure for health services.

named programs · 1 · from sources

What they call their work

Healthcare Facility Development
Facilitates financing and construction of a healthcare facility in Brooklyn, NY through tax credit transactions and borrowing structures
activities · 1 group

What they do

  • Uncategorized 1 activity
    • Facilitating financing for healthcare facility development
      Facilitated borrowings through a New Markets Tax Credit transaction to finance the development and construction of a healthcare facility in Brooklyn, New York.
financials · form 990 · fy2024
revenue
Total revenue$3.44M
Contributions & grants$2.11M62%
Program service revenue$1.32M38%
Investment income$00%
Other revenue$0
expenses
Total expenses$991K
Program expenses82%
Admin / overhead18%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$32.63M
Cash$3.09M
Investments$0
Liabilities$30.19M
Net assets$2.45M
Liquid reserves37.4 mo
1 years on record · 2024–2024
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
PHILIP ONORATO EXECUTIVE DIRECTOR 1 $281K
DANIEL DESIRE SECRETARY 1 $197K
board members · 3
  • BEVERLY TARVER — BOARD MEMBER
  • INNO ONORATO MD — BOARD MEMBER
  • THERESA HOLMES-SIMMONS — CHAIRPERSON
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.