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ATLANTIC AVE ASSOC LOCAL DEVELOPMENT
BROOKLYN, NY · EIN 112786225 · Form 990 · FY2024 · Small ($100K-$1M) · atlanticave.org
revenue
$383K
expenses
$410K
net assets
$174K
employees
5
program ratio
82%
mission · from form 990

to further economic development, historic preservation,and cultural enrichment on Atlantic Avenue, in Brooklyn, New York, from Fourth Avenue to theWaterfront and the surrounding community.

profile · synthesized from sources

The Atlantic Avenue Local Development Corporation (AALDC) promotes economic development, historic preservation, and cultural enrichment along Atlantic Avenue in Brooklyn, NY, from Fourth Avenue to the waterfront. The organization produces large-scale public events such as the Atlantic Antic street festival and ArtWalk, supports local merchants through crime alert programs, and advocates for responsible urban development. It also runs seasonal initiatives including holiday events and a toy drive for disadvantaged children.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $42K
    ATLANTIC AVENUE PROMOTIONAL MARKETING:To raise the profile of the avenue and attract visitors, we produced another "ArtWalk" for two weeks in May, the Atlantic Antic Festival in October (one of the largest street fairs in NYC) and holiday events in November and December. Holiday events are held on different days: a tree lighting, an outdoor children's party, Saturday roving holiday music, visits from Santa and a major toy drive. These events bring more foot traffic to the avenue and generate goodwill. Temporary staff are usually young residents from the surrounding area.
named programs · 5 · from sources

What they call their work

ArtWalk
Biannual event where over 125 local artists display work in 70+ local businesses along Atlantic Avenue, transforming the corridor into a walking art gallery.
Atlantic Antic
Annual street festival featuring food, arts and crafts, music, and family activities along Atlantic Avenue from Fourth Avenue to the waterfront.
Historic Preservation Advocacy
Efforts to preserve the historic character of Atlantic Avenue, including support for district expansions and development guidelines.
Holiday Events and Toy Drive
Seasonal programming including tree lighting, holiday music, Santa visits, and a toy drive benefiting children in local homeless shelters.
Merchant Crime Alert Program
Email-based alert system via Google Groups for Atlantic Avenue merchants to share information about criminal activity and enhance safety.
activities · 9 groups

What they do

  • Community Festival & Event Production 2 activities
    • Organizes holiday programming on Atlantic Avenue
      Produces annual holiday events from November to December, including tree-lighting festivities, window displays, children's parties, roving music, Santa visits, and a toy drive to increase foot traffic and community engagement.
    • Organizes the Atlantic Antic street festival
      Produces the Annual Atlantic Antic, Brooklyn's oldest and largest street festival, featuring ethnic food tastings, international arts and crafts, music, entertainment, and a family-friendly kids’ block with pony rides, bounce houses, and face painting along Atlantic Avenue from Fourth Avenue to the Waterfront.
  • Youth Development Programs 1 activity
    • Administers a youth community scholarship program
      Offers a Youth Community Scholarship Program that supports children’s participation in enriching local programs in the Boerum Hill, Brooklyn Heights, and Cobble Hill neighborhoods.
  • Urban Park and Public Space Conservation 1 activity
    • Advocates for community interests in major development projects
      Co-founded BrooklynSpeaks in 2006 to advocate for community interests in the Atlantic Yards/Pacific Park development and the Brooklyn Bridge Park Community Advisory Council in 2010 to influence park management; played a role in the development of Pier 6 at Brooklyn Bridge Park and engages in advocacy around the reconstruction of the Brooklyn-Queens Expressway (BQE).
  • Historic Site Designation Advocacy 1 activity
    • Advocates for historic preservation and zoning on Atlantic Avenue
      Conducts ongoing advocacy to preserve the character of Atlantic Avenue, including compliance with the Atlantic Avenue Special Zoning District, filing a master plan in 2002, and advocating for the inclusion of storefronts in the expansion of the Boerum Hill Historic District in 2018.
  • Holiday and Seasonal Essentials Distribution 1 activity
    • Conducts a toy drive for disadvantaged children
      Organizes an annual toy drive to collect and distribute toys and donations to disadvantaged children and families at local homeless shelters.
  • LGBTQ+ Community Events and Celebrations 1 activity
    • Hosts cultural and public events on Atlantic Avenue
      Facilitates a range of cultural events including the Flamboyance Drag Show, Pride exhibits with drag performers and singers, public music performances as part of Make Music New York, and co-sponsors events that support local businesses and community engagement.
  • Community Safety Patrols & Security Support 1 activity
    • Operates a merchant crime alert program
      Runs an E-Group Crime Alert Program via Google Groups to share crime-related information among merchants on Atlantic Avenue and surrounding Brooklyn communities to enhance safety and coordination.
  • Curated Art Exhibitions and Public Displays 1 activity
    • Produces the Atlantic Avenue ArtWalk
      Organizes an annual 1.5-mile self-guided ArtWalk featuring artwork from over 125 local artists displayed across 65–70+ local businesses, stores, and galleries on Atlantic Avenue to support cultural enrichment and economic development.
  • Regional Economic Development Initiatives 1 activity
    • Supports local businesses through capacity building
      Provides resources and support to promote the success and growth of local businesses on Atlantic Avenue, including facilitating participation in city-wide events and co-producing programs that enhance economic activity.
financials · form 990 · fy2024
revenue
Total revenue$383K
Contributions & grants$312K81%
Program service revenue$00%
Investment income$1070%
Other revenue$71K
expenses
Total expenses$410K
Program expenses82%
Admin / overhead9%
Fundraising9%
Salaries & benefits$185K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$353K
Cash$148K
Investments$0
Liabilities$179K
Net assets$174K
Liquid reserves4.3 mo
3 years on record · 2020–2024 · YoY revenue -16.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
Howard Kolins Executive Dir. 32 $83K
board members · 7
  • DAN WILBY — Director
  • DAVID PEREZ — Director
  • Emily Fisher — Director
  • Karen Zebulon — Vice President
  • NAT RUBIN — Treasurer
  • NICHOLAS PENTAGULIO — Director
  • SHARON TAYLOR — President
relationships · 32

Who they work with

  • 2025 Media Partners Partner — Collaborates to promote the Annual Atlantic Antic through media outreach.
  • 2025 Sponsors Partner — Provides sponsorship support for the Annual Atlantic Antic.
  • Atlantic Antic Partner — Founded and continues to support the Atlantic Antic as a cultural and economic development initiative.
  • Atlantic Avenue BID Partner — Collaborates with the Atlantic Avenue LDC on the sponsorship and production of events supporting Atlantic Avenue businesses.
  • Atlantic Avenue Merchants Partner — Receives crime alerts and participates in the E-Group Crime Alert Program to improve safety along Atlantic Avenue.
  • BQPARK.NYC Partner — Partner organization providing alternative plans for BQE cantilever reconstruction.
  • Barclays Center Partner — References Barclays Center for event information, indicating a collaborative or informational relationship.
  • Boerum Hill Association Partner — Provides support as a special contributor to the Atlantic Avenue ArtWalk.
  • Boerum Hill Association Partner — References Boerum Hill Association for neighborhood history and shopping information.
  • Brooklyn Bridge Park Conservancy Partner — References Brooklyn Bridge Park Conservancy for park history, events, and activities.
  • Brooklyn Bridge Park Corporation Partner — Engaged through the Community Advisory Council to provide community input on park planning and operations.
  • Brooklyn Heights Association Partner — Collaborates on advocacy related to BQE cantilever reconstruction and community impacts.
  • Brooklyn Heights Association Partner — Collaborates with or references the Brooklyn Heights Association for neighborhood history and shopping information.
  • Brooklyn Paper Partner — Media partner providing coverage of local events and community initiatives on Atlantic Avenue.
  • Brooklyn Waterfront Artists Coalition Partner — Co-curates the Atlantic Avenue ArtWalk and leads guided tours with its president serving as ArtWalk co-curator.
  • BrooklynSpeaks Coalition — Founding member organization advocating on Atlantic Yards/Pacific Park development.
  • Cobble Hill Association Partner — Provides support as a special contributor to the Atlantic Avenue ArtWalk.
  • Cobble Hill Association Partner — References Cobble Hill Association for neighborhood history and shopping information.
  • Cornelia T. Bailey Foundation Partner — Provides support as a special contributor to the Atlantic Avenue ArtWalk.
  • DeLaCour Family Foundation Partner — Provides support as a special contributor to the Atlantic Avenue ArtWalk.
  • Flamboyance Partner — Collaborated with Flamboyance to host a drag show and Pride exhibit.
  • Google Groups Partner — Uses Google Groups to operate the E-Group Crime Alert Program for merchants.
  • Historic Districts Council Network — Recognized Atlantic Avenue as a 6tocelebrate recipient, with AALDC supporting preservation efforts.
  • Instagram Partner — Uses Instagram for outreach and engagement
  • Macaroni KID Brooklyn NW Partner — Media partner promoting family events and local businesses on Atlantic Avenue.
  • Make Music New York Partner — Collaborates on organizing the city-wide music festival on Atlantic Avenue.
  • Make Music New York Partner — Collaborates to host public music performances on Atlantic Avenue as part of a city-wide music celebration.
  • Memorial Sloan Kettering Cancer Center Partner — Sponsors the Atlantic Avenue ArtWalk.
  • Montague Street BID Partner — References Montague Street BID for shopping and business information in Brooklyn Heights.
  • Schneps Media Partner — Media sponsor supporting outreach and promotion of Atlantic Avenue events.
+ 2 more
strategies · 5

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.

  • Arts-Based Economic Development
    methodology: arts_based_economic_development
    By integrating public art, performances, and cultural events into public space activation, the organization drives foot traffic and visibility for local businesses, because experiential cultural engagement attracts visitors and stimulates local commerce through direct artist-buyer and artist-merchant linkages.
  • Community-Led Governance for Local Advocacy
    methodology: community_led_governance
    By operating through a volunteer board of residents and merchants, the organization ensures that development advocacy and programming reflect local priorities, because community ownership increases legitimacy, responsiveness, and sustained engagement in preserving neighborhood character and resisting disruptive infrastructure projects.
  • Event-Driven Commercial Revitalization
    methodology: cultural_event_driven_economic_development
    By producing recurring public events such as ArtWalk, street festivals, and holiday celebrations, the organization increases foot traffic and commercial visibility on Atlantic Avenue, because structured, periodic events create predictable economic surges and strengthen merchant participation through collective promotion.
  • Historic Preservation as Economic Catalyst
    methodology: historic_preservation_for_economic_development
    By preserving 19th-century commercial architecture, the organization strengthens neighborhood identity and economic vitality, because historic character differentiates the district in the regional marketplace, attracting visitors and investment while anchoring community pride.
  • Merchant Network for Safety and Coordination
    methodology: merchant_network_safety
    By facilitating real-time communication among merchants through digital tools and coordinated networks, the organization enhances public safety and collective response to crime, because rapid information sharing increases situational awareness and enables proactive, community-based security.