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Yonkers South Broadway District Management Association Inc
Yonkers, NY · EIN 010735369 · Form 990 · FY2024 · NTEE S31 · Community Improvement · Small ($100K-$1M) · southbroadwaybid.org
revenue
$409K
expenses
$258K
net assets
$297K
employees
12
program ratio
64%
mission · from form 990

The Organizations mission is to promote the vitality and economic growth of the business improvement district located on South Broadway in Yonkers, NY.

profile · synthesized from sources

Nonprofit business improvement district organization focused on enhancing the economic vitality and community character of South Broadway in Yonkers, NY. Supports over 190 local businesses through beautification, marketing, events, and facade improvement grants. Works with public and private partners to improve safety, cleanliness, and economic development in the corridor.

named programs · 4 · from sources

What they call their work

Community Events Program
Organizes and hosts events including Halloween celebrations, holiday tree lighting, Thanksgiving giveaways, and back-to-school events to foster community engagement
District Beautification and Maintenance
Provides street cleaning, landscaping, installation of street furniture and lighting, and other aesthetic improvements to enhance the public realm
South Broadway Restaurant Week
Annual promotional event highlighting local restaurants and increasing foot traffic to dining establishments along the corridor
Storefront Improvement Grant Program
Matching grant program offering up to $5,000 in facade improvement funding through a 50/50 cost-share between the business and the BID, administered with YIDA
activities · 4 groups

What they do

  • Public Space Beautification and Maintenance 1 activity
    • Implements beautification and infrastructure improvements in the South Broadway district
      Conducts storefront and façade improvement programs, including a 50/50 cost-share grant program for local businesses, along with landscaping, street furniture, lighting, and street cleaning to enhance the physical environment of the district.
  • Community Festival & Event Production 1 activity
    • Organizes community events and public celebrations
      Hosts recurring annual events including South Broadway Restaurant Week (March), Kids Karaoke (April), Halloween events, Thanksgiving Giveaway (November), Holiday Tree Lighting (December), and back-to-school giveaways to foster community engagement and support local businesses.
  • Business Improvement District Management 1 activity
    • Promotes economic growth and vitality of the South Broadway business district
      Supports over 190 local businesses in the South Broadway district through advocacy, promotion, and initiatives designed to enhance economic development and community engagement in Yonkers, NY.
  • Small Business Technical Assistance 1 activity
    • Provides capacity-building support for small businesses and entrepreneurs
      Offers workshops and educational programming on marketing, operations, and permitting, and provides guidance to entrepreneurs on launching or expanding businesses, including connections to city departments and local economic programs.
financials · form 990 · fy2024
revenue
Total revenue$409K
Contributions & grants$406K99%
Program service revenue$00%
Investment income$00%
Other revenue$3K
expenses
Total expenses$258K
Program expenses64%
Admin / overhead34%
Fundraising3%
Salaries & benefits$150K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$411K
Cash$212K
Investments$0
Liabilities$114K
Net assets$297K
Liquid reserves9.9 mo
6 years on record · 2019–2024 · YoY revenue -13.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
Jessica Gordon Executive Director 40 $84K
board members · 18
  • Andrea Stewart-Cousins — Board Member
  • Corazon Pineda-Isaac — Board Member
  • Dennis Monasebian — Chairman
  • Fernando Barbosa — Board Member
  • Frank Darwich — Board Member
  • George Nukho — Second Vice Chair
  • Gilberto Gutierrez — Board Member
  • James Flynn — Secretary
  • Jose Alvarado — Board Member
  • Lakisha Collins-Bellamy — Board Member
  • Luis Torres — Board Member
  • Martin Ruiz Jr — Treasurer
  • Michael Mulvey — Board Member
  • Michael Spano — Board Member
  • Nader Sayegh — Board Member
  • Peter Grammatas — Board Member
  • Rosemary Uzzo — Board Member
  • Silvio DiMeglio — First Vice Chair
relationships · 11

Who they work with

  • BID sponsors Partner — BID sponsors provide financial support that enables beautification, business strengthening, and community-building initiatives in the South Broadway district.
  • Code Enforcement Bureau Government — Oversees property maintenance requirements and compliance in the district.
  • Housing & Building Department Government — Manages permits, inspections, and certificates of occupancy for properties in the district.
  • Parking Violations Bureau Government — Administers parking rules, payments, and permits for business districts including South Broadway.
  • Touch Ups Barbershop Partner — Featured as Business of the Month, indicating a promotional partnership with the South Broadway BID.
  • U.S. Small Business Administration (SBA) Partner — Offers small business loans, training programs, and grant opportunities to support local businesses.
  • Yonkers City Clerk Government — Handles business certificates, licenses, and public records for the district.
  • Yonkers Hub Partner — Collaborates with the South Broadway BID to support local businesses and community growth.
  • Yonkers Industrial Development Agency Partner — Partner in administering the Storefront Improvement Grant Program, responsible for reviewing contractor quotes and disbursing funds.
  • Yonkers Industrial Development Agency (IDA) Partner — Provides financing tools, tax incentives, and local development support to businesses in the district.
  • Yonkers Mayor's Office Government — Provides citywide initiatives and administrative support relevant to the South Broadway district.
strategies · 4

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 Development Support through Institutional Linkages
    methodology: business_development_support
    By connecting entrepreneurs with city departments and economic programs, the organization facilitates business growth and expansion, because access to institutional resources and support systems lowers barriers to development for small businesses in the district.
  • Cost-Share Model to Leverage Merchant Investment
    methodology: cost-share grant model
    By using a 50/50 cost-share grant model for facade improvements, the organization increases merchant buy-in and shared responsibility, because requiring co-investment fosters ownership and ensures that revitalization efforts align with local business priorities.
  • Local Economic Development through Community Engagement
    methodology: local-economic-development
    By encouraging residents to support locally owned businesses, the organization strengthens the district's economic resilience and preserves its unique character, because local spending circulates within the community and reinforces long-term sustainability.
  • Public-Private Partnership for District Revitalization
    methodology: public-private_partnership
    By collaborating with public and private stakeholders, the organization improves the district’s aesthetic, functionality, and overall experience, because shared investment and coordinated efforts produce more sustainable and impactful urban improvements than unilateral action.