Nonprofit · EIN 11-0577070
BROOKLYN CHAMBER OF COMMERCE INC
Tax-exempt · BROOKLYN, NY 11232
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $868,110 | $864,843 | $3,267 | $548,741 | $404,459 | $144,282 |
| December 31, 2023 | 990 | $789,175 | $805,321 | -$16,146 | $565,472 | $424,457 | $141,015 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $148,991
- Program service revenue
- $707,697
- Investment income
- $0
- Other revenue
- $11,422
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $156,384
- Other salaries and wages
- $262,378
- Salaries, compensation and benefits (total)
- $443,874
- Professional fundraising fees
- $0
- Legal fees
- $2,000
- Occupancy
- $2,341
- Travel
- $34,665
- Depreciation
- $10,575
Balance sheet and other
- Total assets, start of year
- $565,472
- Total assets, end of year
- $548,741
- Total liabilities, end of year
- $404,459
- Net assets, end of year
- $144,282
- Land, buildings and equipment
- $11,364
- Net assets without donor restrictions
- $144,282
- Gross receipts
- $1,037,329
- Employees
- 11
- Volunteers
- 38
- Year formed
- 1918
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RANDOLPH PEERS | PRESIDENT & CEO Trustee or director, Officer | 10 | $99,508 | $219,212 | $31,617 |
| KATHIE LEE | EXECUTIVE VICE PRESIDENT Highest-paid employee | 4 | $56,049 | $167,900 | $0 |
| CHANDRABAN MOTILALL | CHIEF FINANCIAL OFFICER Officer | 4 | $18,329 | $144,660 | $25,060 |
| RICHARD RUSSO | CHIEF OPERATING OFFICER Highest-paid employee | 12 | $70,302 | $89,713 | $2,544 |
| ANA OLIVEIRA | CHAIRMAN Trustee or director, Officer | 9 | $0 | $0 | $0 |
| PASQUALE PATRONE | TREASURER Trustee or director, Officer | 5 | $0 | $0 | $0 |
| KENDALL CHRISTIANSEN | SECRETARY Trustee or director, Officer | 5 | $0 | $0 | $0 |
| SUSAN DOBAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BRADLEY KORN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KENNETH FISHER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DOZIER HASTY | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ELADIA CAUSIL RODRIGUEZ | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GARY TERRINONI | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JEFF LINDOR | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JUAN PEREZ | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
30 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN AUSTER | MEMBER Trustee or director | 1 | $0 |
| KEVIN THOMPSON | MEMBER Trustee or director | 1 | $0 |
| LISA BING | MEMBER Trustee or director | 1 | $0 |
| MAGGIE GU | MEMBER Trustee or director | 1 | $0 |
| OFER COHEN | MEMBER Trustee or director | 1 | $0 |
| PENDA AIKEN | MEMBER Trustee or director | 1 | $0 |
| PHILIP GUARNIERI | MEMBER Trustee or director | 1 | $0 |
| RALPH BUMBACA | MEMBER Trustee or director | 1 | $0 |
| SAYER LONIAL | MEMBER Trustee or director | 1 | $0 |
| STEVEN KLEIN | MEMBER Trustee or director | 1 | $0 |
| THOMAS SORRENTINO | MEMBER Trustee or director | 1 | $0 |
| TIMOTHY KING | MEMBER Trustee or director | 1 | $0 |
| TUCKER REED | MEMBER Trustee or director | 1 | $0 |
| KENDALL CHARTER | MEMBER Trustee or director | 1 | $0 |
| TYQUANA HENDERSON-RIVERS | MEMBER Trustee or director | 1 | $0 |
| PHYLLIS PRESSA | MEMBER Trustee or director | 1 | $0 |
| JED WALENTAS | MEMBER Trustee or director | 1 | $0 |
| JAMES BRENNAN | MEMBER Trustee or director | 1 | $0 |
| LINDSAY GREENE | MEMBER Trustee or director | 1 | $0 |
| JOHN ABI HABIB | MEMBER Trustee or director | 1 | $0 |
| BLONDELL PINNOCK | MEMBER Trustee or director | 1 | $0 |
| MARY QUINONES | MEMBER Trustee or director | 1 | $0 |
| TIMOTHY CECERE | MEMBER Trustee or director | 1 | $0 |
| DONALD BOOMGAARDEN | MEMBER Trustee or director | 1 | $0 |
| ROBERT CORNEGY | MEMBER Trustee or director | 1 | $0 |
| BRYAN GRIMALDI | MEMBER Trustee or director | 1 | $0 |
| JESSICA SCHUMER | MEMBER Trustee or director | 1 | $0 |
| GIL CYGLER | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| GINA ARGENTO | MEMBER Trustee or director | 1 | $0 |
| JOY SWEET | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 51 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RANDOLPH PEERS | PRESIDENT & CEO Trustee or director, Officer | 18 | $151,871 | $188,712 | $24,425 |
| KATHIE LEE | EXECUTIVE VICE PRESIDENT Highest-paid employee | 4 | $23,212 | $185,325 | $0 |
| CHANDRABAN MOTILALL | CHIEF FINANCIAL OFFICER Officer | 7 | $26,420 | $126,964 | $14,118 |
| RICHARD RUSSO | CHIEF OPERATING OFFICER Highest-paid employee | 12 | $46,527 | $103,834 | $9,915 |
| ANA OLIVEIRA | CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 | $0 |
| PASQUALE PATRONE | TREASURER Trustee or director, Officer | 4 | $0 | $0 | $0 |
| SUSAN DOBAN | MEMBER Trustee or director, Officer | 4 | $0 | $0 | $0 |
| GIL CYGLER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALI ESMAILZADEH | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BRADLEY KORN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KENNETH FISHER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DOZIER HASTY | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ELADIA CAUSIL RODRIGUEZ | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GARY TERRINONI | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GINA ARGENTO | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JEFF LINDOR | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH LHOTA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOY SWEET | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JUAN PEREZ | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KAREN AUSTER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KENDALL CHRISTIANSEN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KEVIN THOMPSON | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LISA BING | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MAGGIE GU | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| OFER COHEN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| PENDA AIKEN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| PHILIP GUARNIERI | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RALPH BUMBACA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RENEE MCCLURE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT GUIMENTO | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SAYER LONIAL | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| STEVEN KLEIN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS SORRENTINO | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TIMOTHY KING | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TUCKER REED | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KENDALL CHARTER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| AMY GRIFFITH | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TYQUANA HENDERSON-RIVERS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| PHYLLIS PRESSA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JED WALENTAS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FLAVIO BOLLAG | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMES BRENNAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FRED DIXON | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LINDSAY GREENE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOHN ABI HABIB | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BLONDELL PINNOCK | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MARY QUINONES | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RONI SHOYFER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CHERI WALSH | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ROBIN WHITE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TIMOTHY CECERE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 253 36TH ST UNIT 4 # C58, BROOKLYN, NY 11232-2415
- Principal officer (990 for 2024)
- RANDOLPH PEERS, 253 36TH STREET MAILBOX UNIT 17, BROOKLYN, NY 11232
- Signed the 990
- RANDOLPH PEERS, PRESIDENT & CEO
- Phone
- (718) 875-1000
- Website
- WWW.BROOKLYNCHAMBER.COM
- Return prepared by
- SAX LLP
Mission
THE PRIMARY PURPOSE OF BROOKLYN CHAMBER OF COMMERCE, INC.("BCC") IS TO ASSIST BROOKLYN BUSINESSES BY PROVIDING SERVICES, INCLUDING MARKETING, EDUCATION AND ADVOCACY, IN WAYS THAT PROMOTE AND MONITOR ECONOMIC GROWTH.
Program accomplishments
- MEMBERSHIP EVENTS AND ACTIVITIES - EVENTS AND ACTIVITIES THROUGHOUT THE YEAR TO FOSTER NETWORKING BETWEEN, AND PROVIDE TOPICAL BUSINESS INFORMATION TO, MEMBERS/NON-MEMBERS OF THE BROOKLYN COMMUNITY AND TO GIVE RECOGNITION TO OUTSTANDING INDIVIDUALS AND BUSINESSES.Expenses $331,527 · revenue $707,697
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 11-0577070
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1933
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $548,741
- Income (IRS master file)
- $1,037,329
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $868,110 | $864,843 | $548,741 | XML |
| 990 | December 2023 | $789,175 | $805,321 | $565,472 | XML |
| 990 | December 2022 | $920,544 | $643,860 | $602,525 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-0577070).
Questions about BROOKLYN CHAMBER OF COMMERCE INC
- What is the EIN of BROOKLYN CHAMBER OF COMMERCE INC?
- The employer identification number (EIN) of BROOKLYN CHAMBER OF COMMERCE INC is 11-0577070.
- Is BROOKLYN CHAMBER OF COMMERCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1933.
- Are donations to BROOKLYN CHAMBER OF COMMERCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BROOKLYN CHAMBER OF COMMERCE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BROOKLYN CHAMBER OF COMMERCE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BROOKLYN CHAMBER OF COMMERCE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BROOKLYN CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 names RANDOLPH PEERS.
- Who are the officers and directors of BROOKLYN CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 lists 45 people; 4 received compensation from the organization, the highest $99,508 (RANDOLPH PEERS, PRESIDENT & CEO).
- How much revenue does BROOKLYN CHAMBER OF COMMERCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $868,110, expenses of $864,843 and total assets of $548,741 at year end.
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