2024-11-15T12:41:57-06:00 2023-12-31 390974031 WEGNER CPAS LLP 230 PARK AVE FL 3 NEW YORK NY 101690005 990 2023-01-01 237165901 SPRC INC SPRC 7184928580 5101 4TH AVE 2ND FL BROOKLYN NY 112201815 GARY BROWN PRESIDENT/EXECUTIVE DIRECTOR 7184928580 2024-11-14 1 0 YIGIT UCTUM CPA P01269549 2125511724 2024-11-11 2023 2024-10-15 13:58:12Z X SUNSET PARK REDEVELOPMENT COMMITTEE INC GARY BROWN 5101 4TH AVE 2ND FL BROOKLYN NY 112201815 4549339 0 X WWW.SPRCINC.ORG X 1973 NY TO ASSIST IN PROJECTS, UNDERTAKINGS, STUDIES AND OTHER ACTIVITIES IN COOPERATION AND IN COORDINATION WITH LOCAL GOVERNMENTAL AND CIVIC BODIES FOR THE ELIMINATION OF SLUMS, BLIGHTS AND BLIGHTING INFLUENCES, AND TO AID, ASSIST AND FOSTER THE PLANNING, REPLANNING, DEVELOPMENT, RENEWAL, REDEVELOPMENT AND IMPROVEMENT OF THE SUNSET PARK AREA OF THE COUNTY OF KINGS, ALL TO COMBAT COMMUNITY DETERIORATION AND TO SECURE ADEQUATE HOUSING, COMMUNITY AND RECREATIONAL FACILITIES AND OTHER RELATED FACILITIES AND SERVICES AND CONDITIONS, ECONOMIC AND OTHERWISE, CONDUCIVE TO THE PROGRESS AND GENERAL WELFARE OF THE COMMUNITY AND TO CARRY ON SUCH ACTIVITIES AND TO DEAL WITH AND EXPAND ANY PROPERTY OR INCOME THEREFROM FOR ANY OF THE AFOREMENTIONED PURPOSES. 9 9 19 9 0 0 3535239 3056087 1250579 1097976 14525 35425 1847 604 4802190 4190092 0 0 0 0 1341860 1388253 0 0 0 4218250 2617690 5560110 4005943 -757920 184149 3930717 4108306 1454484 1145855 2476233 2962451 SUNSET PARK REDEVELOPMENT COMMITTEE ASSISTS WITH THE REDEVELOPMENT, RENEWAL, AND IMPROVEMENT OF SUNSET PARK AND OTHER AREAS OF KINGS COUNTY, ALL TO COMBAT COMMUNITY DETERIORATION AND TO SECURE ADEQUATE HOUSING AND CONDITIONS. 0 0 3304469 0 648510 WEATHERIZATION - CONTRACTS WITH THE STATE OF NEW YORK TO PROVIDE WEATHERIZATION SERVICES TO LOW-INCOME HOME OWNERS AND TENANTS IN BROOKLYN. SPRC PRIORITIZES OUTREACH TO THE ELDERLY, DISABLED AND FAMILIES WITH CHILDREN TO PROVIDE THE MOST COST EFFECTIVE ENERGY AND WATER CONSERVATION MEASURES AS DETERMINED BY AN ONSITE ENERGY AUDIT OF THE BUILDING. 396469 0 449466 LOW-INCOME HOUSING - CONTRACTS WITH THE STATE OF NEW YORK AND PRIVATE ORGANIZATIONS TO PROVIDE HOME REPAIR SERVICES AND HOUSING TO LOW- AND MODERATE-INCOME HOME OWNERS AND TENANTS. 3700938 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 11 0 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X JOHN DI STASIO III 7184928580 5101 4TH AVE 2ND FL BROOKLYN NY 112201815 ALDO LEMMA CHAIRPERSON 1.00 X X 0 0 0 GLENN SORENSON TREASURER 1.00 X X 0 0 0 SAYEL TAYAR SECRETARY 1.00 X X 0 0 0 GIACOMO RUTIGLIANO DIRECTOR 1.00 X 0 0 0 GLORIA NOVA DIRECTOR 1.00 X 0 0 0 MARGARETTE CASHIN DIRECTOR 1.00 X 0 0 0 VINCENT MISSERI DIRECTOR 1.00 X 0 0 0 XIOMARA GARCIA DIRECTOR 1.00 X 0 0 0 ROBERT MOLINARI DIRECTOR 1.00 X 0 0 0 GARY BROWN PRESIDENT/EXECUTIVE DIRECTOR 40.00 X 131514 0 21196 131514 0 21196 1 0 1 0 REAL WINDOWS LLC 1 ASHEL LANE MONSEY NY 10952 INSTALLATION 1526447 RESOURCEFUL ENERGY SOLUTIONS LLC PO BOX 205322 BROOKLYN NY 11220 INSTALLATION 114182 2 3056087 3056087 SERVICE INCOME 624200 648510 648510 RENTAL INCOME 531110 449466 449466 1097976 48582 48582 346090 359247 -13157 -13157 -13157 604 604 604 4190092 1097976 0 36029 X 152710 131331 21379 843895 725749 118146 7152 6151 1001 311721 268080 43641 72775 62587 10188 91 91 32000 32000 26347 26347 584599 578115 6484 573 573 76494 64058 12436 262755 262755 23377 19545 3832 66069 65169 900 18375 17375 1000 56650 56650 SUBCONTRACTOR MATERIALS 1442800 1442800 BAD DEBT EXPENSE 26960 26960 600 600 4005943 3700938 305005 0 575599 1153377 538355 274432 667564 132067 58033 89389 36638 35935 44228 51833 1039389 620921 408494 418468 1537994 1901426 63812 51379 3930717 4108306 1373800 279776 0 803719 80684 62360 1454484 1145855 X 2476233 2962451 2476233 2962451 3930717 4108306 184149 302069 0 X 0 1 X 1 1 1 X 2129649 2874759 2546712 3535239 3056087 14142446 2129649 2874759 2546712 3535239 3056087 14142446 14142446 25868 20973 33555 27874 48582 156852 14299298 6415466 0.98900 0.99030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 533307 139126 394181 265557 265557 0 206534 182247 24287 33991 33991 0 418468 SECURITY DEPOSITS 37420 OPERATING LEASE LIABILITY 24940 62360 4616545 302069 150731 -26347 426453 4190092 0 4190092 4130327 150731 150731 3979596 26347 26347 4005943 PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES REPORTED ON FORM 990, PART IX, LINE 11F -26,347. X X 0 0 0 0 0 0 0 0 0 GARY BROWN PRESIDENT/EXECUTIVE DIRECTOR 131514 0 0 0 0 0 21196 0 0 0 152710 0 0 0 STEPHAN BROWN FAMILY MEMBER OF PRESIDENT/EXECUTIVE DIRECTOR 66600 CONTRACTOR PAYMENT 0 STEPHAN BROWN FAMILY MEMBER OF PRESIDENT/EXECUTIVE DIRECTOR 70798 EMPLOYEE COMPENSATION 0 CRISTAL BROWN FAMILY MEMBER OF PRESIDENT/EXECUTIVE DIRECTOR 37576 EMPLOYEE COMPENSATION 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION UPDATED ITS NAME FROM SUNSET PARK REDEVELOPMENT COMMITTEE, INC. TO SPRC, INC. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION CONDUCTS A COMPENSATION SURVEY FOR ALL POSITIONS, INCLUDING THE EXECUTIVE DIRECTOR, EVERY THREE YEARS. ALL COMPENSATION ARRANGEMENTS AND INCREASES ARE REVIEWED AND APPROVED BY THE ORGANIZATION'S DIRECTORS AND DOCUMENTED IN WRITING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 10,681. MANAGEMENT AND GENERAL EXPENSES 4,069. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,750. SUBCONTRACTED CONSTRUCTION LABOR: PROGRAM SERVICE EXPENSES 526,492. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 526,492. CONSTRUCTION MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 40,942. MANAGEMENT AND GENERAL EXPENSES 2,415. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,357.