2025-09-19T14:33:05-05:00 2024-12-31 812950760 SAX LLP 1040 AVENUE OF THE AMERICAS-16TH FL NEW YORK NY 10018 990 2024-01-01 112145956 BROOKLYN ALLIANCE INC BROO 7188751000 253 36TH STREET MAILBOX UNIT 17 BROOKLYN NY 11232 RANDOLPH PEERS PRESIDENT & CEO 7188751000 2025-09-19 1 0 MIKE SCHALL P02024184 2122682804 2025-09-18 2024 2025-03-06 01:10:19Z RANDOLPH PEERS 253 36TH STREET MAILBOX UNIT 17 BROOKLYN NY 11232 6860947 0 X WWW.BROOKLYNCHAMBER.COM X 1968 NY PROMOTE AND MONITOR COMMUNITY AND ECONOMIC DEVELOPMENT PROJECTS THROUGHOUT BROOKLYN, NEW YORK. 18 17 57 17 0 0 6039996 5806408 0 0 0 0 160491 499801 6200487 6306209 151000 30211 0 0 3295534 3410840 0 0 581979 2740724 3011289 6187258 6452340 13229 -146131 4905278 6748477 4446566 6435896 458712 312581 X THE PURPOSE OF THE BROOKLYN ALLIANCE, INC. IS TO LEVERAGE BROOKLYN CHAMBER OF COMMERCE, INC. RESOURCES IN ORDER TO PROMOTE ECONOMIC, COMMUNITY, BUSINESS AND WORKFORCE DEVELOPMENT AND IMPROVE THE QUALITY OF LIFE THROUGHOUT THE BOROUGH OF BROOKLYN, NEW YORK. 0 0 2945848 29500 COMMUNITY/ECONOMIC DEVELOPMENT - THROUGH A COMBINATION OF ORGANIZATION FUNDS, CORPORATE CONTRIBUTIONS AND GOVERNMENT GRANTS, THE ORGANIZATION MAINTAINS VARIOUS COMMUNITY PROGRAMS TO IMPROVE BROOKLYN'S QUALITY-OF-LIFE & STIMULATE ITS ECONOMY. 765002 711 477879 BROOKLYN 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. 596376 BUSINESS 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. 228717 BROOKLYN GOES GLOBAL - CREATES AND ENHANCES JOB AND ECONOMIC DEVELOPMENT IN BROOKLYN BY PROMOTING DOMESTIC AND INTERNATIONAL TRADE PARTNERSHIPS. 348475 MEMBERSHIP EVENTS 6128 MICRO LOANS 583320 4890546 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 44 0 1 57 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X CHANDRABAN MOTILALL 7188751000 253 36TH STREET MAILBOX UNIT 17 BROOKLYN NY 11232 RANDOLPH PEERS PRESIDENT & CEO 30.00 10.00 X X 219212 99508 31617 ANA OLIVERIRA CHAIR 5.00 10.00 X X 0 0 0 GIL CYGLER VICE CHAIR 3.00 1.00 X X 0 0 0 PASQUALE PATRONE TREASURER 9.00 6.00 X X 0 0 0 KENDALL CHRISTIANSEN SECRETARY 3.00 6.00 X X 0 0 0 SUSAN DOBAN MEMBER 1.00 2.00 X 0 0 0 GREGORY ANDERSON MEMBER 1.00 1.00 X 0 0 0 LARA BIRNBACK MEMBER 1.00 X 0 0 0 STEVE COHEN MEMBER 1.00 X 0 0 0 PATRICK DUGAN MEMBER 1.00 X 0 0 0 JOHARI JENKINS MEMBER 1.00 X 0 0 0 LOUIE LIU MEMBER 1.00 X 0 0 0 KENNETH MBONU MEMBER 1.00 1.00 X 0 0 0 TOBY MOSKOVITS MEMBER 1.00 X 0 0 0 TIFFANY JOY MURCHISON MEMBER 1.00 X 0 0 0 REGINA MYER MEMBER 1.00 X 0 0 0 EVELYN ORTIZ MEMBER 1.00 X 0 0 0 DR PATRICIA RAMSEY MEMBER 1.00 X 0 0 0 CHANDRABAN MOTILALL CFO 36.00 4.00 X 144660 18329 25060 RICHARD RUSSO COO 28.00 12.00 X 89713 70302 2544 KATHIE LEE EVP & GENERAL COUNSEL 36.00 4.00 X 167900 56049 0 MARK CASERTA VP OF SMALL BUSINESS SUPPO 40.00 X 140603 0 0 DINA RABINER VP OF ECONOMIC DEVELOPMENT 40.00 X 136539 0 0 CAMILLE HASTICK VP OF EXTERNAL AFFAIRS & GOV'T RELATIONS 40.00 X 116067 0 2650 1014694 244188 61871 9 0 1 0 QUEENS CHAMBER OF COMMERCE INC 75-20 ASTORIA BLVD EAST ELMHURST NY 11370 ECONOMIC DEVELOPMENT 334271 MANHATTAN CHAMBER OF COMMERCE INC 12 EAST 49TH STREET NEW YORK NY 10017 ECONOMIC DEVELOPMENT 307571 STATEN ISLAND CHAMBER OF COMMERCE INC 2555 RICHMOND AVE STATEN ISLAND NY 10314 ECONOMIC DEVELOPMENT 208723 BRONX CHAMBER OF COMMERCE INC 1200 WATERS PLACE BRONX NY 10461 ECONOMIC DEVELOPMENT 207723 4 331406 4925952 549050 5806408 103261 331406 103261 0 929356 451477 477879 477879 OTHER REVENUE 900099 21922 21922 21922 6306209 477879 0 21922 X 29500 29500 711 711 382001 122252 196359 63390 2507852 1944831 221304 341717 280374 210582 29902 39890 240613 172869 33969 33775 26737 126 26611 54000 22371 31629 1464059 1321070 142989 116408 98690 17718 182682 157510 25172 38119 27388 5381 5350 535498 384732 75599 75167 19204 17277 1927 264767 256665 712 7390 46104 46104 19605 19605 101620 73009 14347 14264 DUES AND SUBSCRIPTION 69547 5632 63915 EQUIPMENT AND MAINTAINE 56976 40030 16946 POSTAGE AND SHIPPING 7380 5301 1043 1036 BANK FEES 6097 6097 2486 2486 6452340 4890546 979815 581979 237425 399671 1815961 3738442 93469 143960 32048 2865 324863 278330 55860 46533 2670515 2417006 4905278 6748477 487832 454954 52822 52822 224817 1727885 3681095 4200235 4446566 6435896 X 358712 84743 100000 227838 458712 312581 4905278 6748477 -146131 0 X 0 1 X 1 0 X 2713462 3482075 5875237 6039996 5806408 23917178 2713462 3482075 5875237 6039996 5806408 23917178 1297340 22619838 82352 3584 29898 256 21922 138012 24055190 3356485 0.94030 0.92650 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 82,352. 2021 AMOUNT: $ 3,584. 2022 AMOUNT: $ 29,898. 2023 AMOUNT: $ 256. 2024 AMOUNT: $ 21,922. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28955 14078 14877 125770 105795 19975 170138 158457 11681 46533 OPERATING LEASE RIGHT-OF-USE ASSET 2417006 2417006 DUE TO AFFILIATES 1382256 OPERATING LEASE 2766037 GRANT ADVANCES 51942 4200235 X 6757686 451477 451477 6306209 0 6306209 6903817 451477 451477 6452340 0 6452340 PART X, LINE 2: THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR PERIODS ENDING DECEMBER 31, 2021 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASS COST OF GOOD SOLD 451,477. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS COST OF GOOD SOLD 451,477. EVENTS 434667 331406 103261 103261 434667 331406 103261 103261 103261 0 1 PALATIAL PUBLISHING 1755 E 51 STREET BROOKLYN NY 11234 810682319 3000 0 SMALL BUSINESS GRANT KING OF KINGS BARBER 920 3RD AVE BROOKLYN NY 11232 820703431 5000 0 SMALL BUSINESS GRANT THE MELTING POT 1360 CLIFTON AVE CLIFTON NJ 07012 473901620 5000 0 SMALL BUSINESS GRANT THE DOG RANCH 302 BEDFORD AVE BROOKLYN NY 11249 810778905 2000 0 SMALL BUSINESS GRANT MARGARET'S BEAUTY 235 DRIGG AVE BROOKLYN NY 11222 813211846 2000 0 SMALL BUSINESS GRANT STUART CINEMA & CAF 79 WEST STREET BROOKLYN NY 11222 825066212 2000 0 SMALL BUSINESS GRANT COMMON GOOD 135 KENT AVENUE BROOKLYN NY 11249 371604140 2000 0 SMALL BUSINESS GRANT CHEF KELSEAY DUKE 523 NO HAMMOND HWAY NEW ORLEANS LA 70124 833072758 2000 0 SMALL BUSINESS GRANT STEPH'S CAKE SHOP 1392 ROCKAWAY PARKWAY BROOKLYN NY 11236 273270714 5000 0 SMALL BUSINESS GRANT COBBLESTONE CANDIES 10875 CASTALNOVA DRIVE LAS VEGAS NV 89166 353846581 1500 0 SMALL BUSINESS GRANT 10 PART I, LINE 2: AUDITING DOCUMENTATION FOR GRANTS REQUIRE PURCHASE ORDER SUBMITTED TO APPROVED VENDOR AND AN INVOICE FROM APPROVED VENDOR X X 0 0 0 0 0 0 0 0 0 RANDOLPH PEERS PRESIDENT & CEO 194212 99508 25000 0 0 0 0 0 7181 24436 226393 123944 0 0 KATHIE LEE EVP & GENERAL COUNSEL 167900 56049 0 0 0 0 0 0 0 0 167900 56049 0 0 CHANDRABAN MOTILALL CFO 144660 18329 0 0 0 0 0 0 10948 14112 155608 32441 0 0 RICHARD RUSSO COO 89713 70302 0 0 0 0 0 0 2544 0 92257 70302 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS (BOD) DELEGATES THE AUTHORITY TO REVIEW AND APPROVE THE PREPARED FORM 990 TO THE PRESIDENT/CEO AND SENIOR VP/CFO. ONCE APPROVED, COPIES ARE PROVIDED TO MEMBERS OF THE EXECUTIVE COMMITTEE PRIOR TO FILING AND ARE MADE AVAILABLE TO THE REMAINING BOARD MEMBERS UPON REQUEST AFTER FILING. THE AUDIT & FINANCE COMMITTEE REVIEW THE 990 BEFORE THEY ARE FILED FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUESTS ALL NEW EXISTING BOARD MEMBERS TO DISCLOSE ANNUALLY ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD PERFORMS AN ANALYSIS OF THE PRESIDENT'S COMPENSATION PACKAGE ANNUALLY AND APPROVES. THIS IS DOCUMENTED IN THE MINUTES TO THE BOARD MEETING WHERE THE EXECUTIVE COMMITTEE RECOMMENDS THE COMPENSATION FOR BOARD APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 1,321,070. MANAGEMENT AND GENERAL EXPENSES 142,989. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,464,059. BROOKLYN CHAMBER OF COMMERCE INC 253 36TH STREET MAILBOX UNIT 17 BROOKLYN NY 11232 110577070 PROMOTE WELFARE OF NYC NY 501(C)(6) 0 BROOKLYN ALLIANCE CAPITAL INC 253 36TH STREET MAILBOX UNIT 17 BROOKLYN NY 11232 815483293 MICRO-LOAN PROGRAM NY 501(C)(3) LINE 7 BROOKLYN CHAMBER OF COMMERCE INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 BROOKLYN CHAMBER OF COMMERCE INC N 535498 COST BROOKLYN CHAMBER OF COMMERCE INC O 2898775 COST