2026-09-24T13:52:18-05:00 2025-12-31 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2025-01-01 275244592 GMDC PHILADELPHIA GMDC 7183833935 1155 MANHATTAN AVENUE BROOKLYN NY 11222 BRIAN COLEMAN PRESIDENT 7183833935 2026-09-23 1 AARON FOX P01365820 2022274000 2026-09-23 2025 BRIAN COLEMAN 1155 MANHATTAN AVENUE BROOKLYN NY 11222 54343 0 X WWW.GMDCONLINE.ORG X 2011 PA LEASED AND MANAGED AN INDUSTRIAL BUILDING WHILE PROVIDING ADDITIONAL SERVICES TO SMALL BUSINESSES IN A DISTRESSED AREA OF PHILADELPHIA THROUGH THE PROVISION OF HARD TO FIND AFFORDABLE MANUFACTURING SPACE, GMDC'S BUILDINGS CONTINUED TO BE A HAVEN FOR SMALL MANUFACTURERS IN DISADVANTAGED NEIGHBORHOODS. 5 4 0 4 0 0 0 0 0 54343 0 0 0 0 0 54343 0 0 0 0 0 0 0 0 0 315 5342 315 5342 -315 49001 275 7242727 395273 7588724 -394998 -345997 GMDC PHILADELPHIA WAS FORMED TO MANAGE THE JASPER STREET PROPERTY IN PHILADELPHIA. 0 0 0 54343 LEASED AND MANAGED AN INDUSTRIAL BUILDING WHILE PROVIDING ADDITIONAL SERVICES TO SMALL BUSINESSES IN THE DISTRESSED COMMUNITIES THROUGH THE PROVISION OF HARD TO FIND AFFORDABLE MANUFACTURING SPACE, GMDC PHILADELPHIA'S BUILDING IS A HAVEN FOR SMALL BUSINESS - AND THE JOBSTHEY CREATE - IN DISADVANTAGED NEIGHBORHOODS. 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X MICHAEL CAVAGNARO CFO 7183833935 1155 MANHATTAN AVENUE BROOKLYN NY 11222 BRIAN T COLEMAN PRESIDENT 16.00 40.00 X X 0 525459 67584 CHRISTOPHER MOUSTAKIS BOARD MEMBER 0.40 X 0 0 0 KATE ASCHER SECRETARY 0.40 1.00 X X 0 0 0 MARK DAVIS BOARD MEMBER 0.40 X 0 0 0 ROSALIND PAASWELL TREASURER 0.40 1.00 X X 0 0 0 MICHAEL CAVAGNARO CFO 16.00 40.00 X 0 254904 26648 0 780363 94232 0 0 1 0 0 LOAN INTEREST 900099 54343 54343 54343 54343 54343 0 0 5342 5342 5342 0 5342 0 275 23727 7219000 275 7242727 395273 7588724 395273 7588724 X -394998 -345997 -394998 -345997 275 7242727 49001 0 X X 0 1 X 1 0 X 54343 54343 54343 54343 0 0 0 54343 54343 54343 1.00000 0.00000 X 0 DUE TO AFFILIATES 7588724 7588724 X 40456723 40402380 40402380 54343 0 54343 32813891 32808549 32808549 5342 0 5342 PART X, LINE 2: MANAGEMENT OF THE ORGANIZATION RECORDS UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ASC 740 ON THE BASIS OF A TWO-STEP PROCESS IN WHICH (1) MANAGEMENT DETERMINES WHETHER IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON THE BASIS OF THE TECHNICAL MERITS OF THE POSITION AND (2) FOR THOSE TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN NOT RECOGNITION THRESHOLD, THE ORGANIZATION RECOGNIZES THE LARGEST AMOUNT OF THE TAX BENEFIT THAT IS MORE THAN 50% LIKELY TO BE REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELATED TAX PARTY. MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2025 AND 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' REVENUE 69,368,759. CONSOLIDATED ELIMINATIONS -28,966,379. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' EXPENSE 33,941,126. CONSOLIDATED ELIMINATIONS -1,132,577. 0 0 0 0 0 0 0 0 0 BRIAN T COLEMAN PRESIDENT 0 495121 0 29138 0 1200 0 22965 0 44619 0 593043 0 0 MICHAEL CAVAGNARO CFO 0 228510 0 26394 0 0 0 11638 0 15010 0 281552 0 0 PART I, LINE 3 THE CEO'S SALARY IS PAID THROUGH A RELATED ORGANIZATION, GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORPORATION (GMDC). THE EXECUTIVE COMMITTEE, IN CONSULTATION WITH THE FULL-BOARD, CONDUCTS AN ANNUAL REVIEW OF THE CEO'S PERFORMANCE, COMPENSATION LEVEL, AND CONTRIBUTION TO THE ORGANIZATION. THE BOARD REVIEWS COMPARATIVE SALARIES FOR BOTH THE PRIVATE AND NON-PROFIT SECTORS AND SETS THE COMPENSATION PACKAGE. PART I, LINE 7 A DISCRETIONARY BONUS BASED ON EMPLOYEE PERFORMANCE WAS PROVIDED TO THE EMPLOYEES LISTED IN SCHEDULE J. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF GMDC PHILADELPHIA IS GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS ARE ELECTED BY THE MEMBERS AT THE ANNUAL MEETING OF THE MEMBERS. ANY VACANCY ON THE BOARD OF DIRECTORS OCCURRING OTHER THAN BY REASON OF A DIRECTOR'S COMPLETION OF HIS OR HER TERM OF OFFICE SHALL BE FILLED BY A VOTE OF A MAJORITY VOTE OF THE MEMBERS OF THE CORPORATION AT ANY REGULAR MEETING, OR AT A SPECIAL MEETING CALLED FOR SUCH PURPOSE. FORM 990, PART VI, SECTION A, LINE 7B DIRECTORS MAY BE REMOVED FROM OFFICE, WITH OR WITHOUT CAUSE, ONLY BY A MAJORITY VOTE OF THE MEMBERS OR BY ORDER OF A COURT HAVING JURISDICTION OF SUCH MATTERS. THE MEMBERS OF THE CORPORATION SHALL HAVE THE POWER TO ALTER, AMEND, OR REPEAL THESE BY-LAWS AS PROVIDED IN SECTION 1.4, AT ANY REGULAR OR SPECIAL MEETING, DULY CONVENED AFTER NOTICE TO THE MEMBERS OF SUCH PURPOSE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY A INDEPENDENT ACCOUNTANT. THE 990 WILL BE EMAILED TO THE MEMBERS FOR COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST, IF ANY. FORM 990, PART VI, SECTION C, LINE 19 THE PRIOR THREE YEARS OF AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORPORATION 1155 MANHATTAN AVENUE BROOKLYN NY 11222 113132562 OWNS AND MANAGES A PORTFOLIO OF INDUSTRIAL BUILDINGS NY 501(C)(3) LINE 7 N/A 0 GMDC TWO CORPORATION 1155 MANHATTAN AVENUE BROOKLYN NY 11222 113427959 RELIEVE UNEMPLOYMENT, PROVIDE AND CREATE JOB OPPORTUNITIES DE 501(C)(4) GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORPORATION 0 GMDC OP LLC 1155 MANHATTAN AVENUE BROOKLYN NY 11222 814735472 RENTAL REAL ESTATE DE N/A 0 0 GMDC OP MASTER TENANT LLC 101-01 95TH AVENUE OZONE PARK NY 11416 821794510 RENTAL REAL ESTATE DE N/A 0 0 GMDC OP MANAGER LLC 1155 MANHATTAN AVENUE BROOKLYN NY 11222 821781381 MANAGE DEVELOPMENT OF INDUSTRIAL SPACE DE N/A C 0 GMDC BROWNSVILLE LLC 1155 MANHATTAN AVENUE BROOKLYN NY 11222 853620425 CREATE AND SUSTAIN VIABLE MANUFACTURING SECTORS IN BROOKLYN DE N/A C 0 GMDC OP INVESTOR LLC 1155 MANHATTAN AVENUE BROOKLYN NY 11222 823300722 RENTAL REAL ESTATE-INACTIVE DE N/A C 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0