Skip to main content

Nonprofit · EIN 11-1308900

THE SEA GATE ASSOCIATION

Tax-exempt · BROOKLYN, NY 11224

Financials

$6.2M$7.1M2023$6.5M$6.5M2024
Revenue Expenses · by fiscal year end
Financials of THE SEA GATE ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,455,342$6,520,187-$64,845$28,522,139$2,212,040$26,310,099
December 31, 2023990 (amended)$6,207,197$7,096,434-$889,237$28,574,487$2,106,172$26,468,315
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$6,412,732
Investment income
$43
Other revenue
$42,567

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$2,075,291
Salaries, compensation and benefits (total)
$2,433,550
Professional fundraising fees
$0
Legal fees
$663,334
Accounting fees
$46,200
Occupancy
$84,036
Depreciation
$766,346
Program services (functional)
$4,175,015
Management and general (functional)
$2,345,172

Balance sheet and other

Total assets, start of year
$28,574,487
Total assets, end of year
$28,522,139
Total liabilities, end of year
$2,212,040
Net assets, end of year
$26,310,099
Land, buildings and equipment
$24,228,724
Gross receipts
$6,455,342
Employees
97
Volunteers
17
Year formed
1899
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.

NameTitleHours / weekCompensation
CRISTA GAGLIOTICOMMUNITY MANAGER
Highest-paid employee
40$105,823
MILES DAVISPRESIDENT
Trustee or director, Officer
10$0
VINCENT CIRINOPRESIDENT
Trustee or director, Officer
10$0
ROBBIN PARAISON THRU 41024PRESIDENT
Trustee or director, Officer
10$0
EDDIE YUSUPOVVICE PRESIDENT
Trustee or director, Officer
10$0
RAIZY DAVIS THRU 83124VICE PRESIDENT/TREASURER
Trustee or director, Officer
10$0
FREDERICK BABA THRU 12324TREASURER
Trustee or director, Officer
10$0
ETHAN GERBERSECRETARY
Trustee or director, Officer
10$0
MATT STERN THRU 82224SECRETARY
Trustee or director, Officer
10$0
DOMINIC D'ANGELOBOARDMEMBER
Trustee or director
10$0
YAKOV ISRAELBOARDMEMBER
Trustee or director
10$0
BETTY BARANOFFBOARDMEMBER
Trustee or director
10$0
LARRY LEFKOWITZBOARDMEMBER
Trustee or director
10$0
FATIMA VISNOVSKYBOARDMEMBER
Trustee or director
10$0
JULIA GAUFMANBOARDMEMBER
Trustee or director
10$0
3 more people on this return
NameTitleHours / weekCompensation
CARMEN RICCI THRU 41024BOARDMEMBER
Trustee or director
10$0
ALENA STASEVICH THRU 83124BOARDMEMBER
Trustee or director
10$0
JONATHAN GREENWALD THRU 51424BOARDMEMBER
Trustee or director
10$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensation
LANCE BURNSBOARDMEMBER
Trustee or director
10$131,250
VINCENT CIRINOPRESIDENT
Trustee or director, Officer
10$0
ROBBIN PARAISONPRESIDENT
Trustee or director, Officer
10$0
RAIZY DAVISVICE PRESIDENT
Trustee or director, Officer
10$0
YURIY KRASNER2ND VICE PRESIDENT
Trustee or director, Officer
10$0
FREDERICK BABATREASURER
Trustee or director, Officer
10$0
MATT STERNSECRETARY
Trustee or director, Officer
10$0
ELAINE FRIDLINSECRETARY
Trustee or director, Officer
10$0
DOMINIC D'ANGELOBOARDMEMBER
Trustee or director
10$0
ETHAN GERBERBOARDMEMBER
Trustee or director
10$0
BETTY BARANOFFBOARDMEMBER
Trustee or director
10$0
YAKOV ISRAELBOARDMEMBER
Trustee or director
10$0
LARRY LEFKOWITZBOARDMEMBER
Trustee or director
10$0
CARMEN RICCIBOARDMEMBER
Trustee or director
10$0
TAMIR KOVACHBOARDMEMBER
Trustee or director
10$0
JACK WEIDHORNBOARDMEMBER
Trustee or director
10$0
EDWARD YUSUPOVBOARDMEMBER
Trustee or director
10$0
PASQUAEL DEANGELISBOARDMEMBER
Trustee or director
10$0
BERNARD KAUFMANBOARDMEMBER
Trustee or director
10$0
OLEG SEMENENKOBOARDMEMBER
Trustee or director
10$0
GIANNI MONTALTOBOARDMEMBER
Trustee or director
10$0
JACK SUBENBOARDMEMBER
Trustee or director
10$0

Address and contacts

Address (IRS master file)
3700 SURF AVE, BROOKLYN, NY 11224-1227
Principal officer (990 for 2024)
MILES DAVIS, 3700 SURF AVENUE, BROOKLYN, NY 11224
Signed the 990
MILES DAVIS, PRESIDENT
Phone
(718) 449-4700
Return prepared by
SAX LLP

Mission

HOMEOWNERS ASSOCIATIONTHE SEA GATE ASSOCIATION (THE "ASSOCIATION") IS A NOT-FOR-PROFIT HOMEOWNERS' ASSOCIATION ORGANIZED IN 1899 FOR THE PURPOSE OF GOVERNING AND ADMINISTERING THE COMMUNITY IN BROOKLYN, NEW YORK KNOWN AS SEA GATE. THE ASSOCIATION CONSISTS OF 903 PROPERTIES OCCUPYING A SITE OF APPROXIMATELY THREE SQUARE MILES AND IS LOCATED AT THE FAR WESTERN END OF CONEY ISLAND AT THE SOUTHWESTERN TIP OF BROOKLYN, NEW YORK.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROTECT AND SECURE THE AREA KNOWN AS SEA GATE NEW YORK. ALSO MAINTAIN THE COMMUNAL PROPERTIES AND PROVIDE BASIC PUBLIC SERVICES FOR THE ASSOCIATION MEMBERS.SIGNIFCANT 2024 PROJECTS: REBUILD SURF AVE COMMUNITY ENTRANCE. REPAIR FAULTY SEWER CATCHBASINS AND REPAVE STREETS.
    Expenses $4,175,015 · revenue $6,455,299

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-1308900
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1935
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$28,522,139
Income (IRS master file)
$6,455,342

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,455,342$6,520,187$28,522,139XML
990December 2023$6,207,197$7,096,434$28,574,487XML
990December 2022$5,481,343$9,160,470$27,458,826IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 11-1308900).

Questions about THE SEA GATE ASSOCIATION

What is the EIN of THE SEA GATE ASSOCIATION?
The employer identification number (EIN) of THE SEA GATE ASSOCIATION is 11-1308900.
Is THE SEA GATE ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1935.
Are donations to THE SEA GATE ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does THE SEA GATE ASSOCIATION 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 THE SEA GATE ASSOCIATION 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 THE SEA GATE ASSOCIATION 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 THE SEA GATE ASSOCIATION?
The 990 for the year ended December 31, 2024 names MILES DAVIS.
Who are the officers and directors of THE SEA GATE ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $105,823 (CRISTA GAGLIOTI, COMMUNITY MANAGER).
How much revenue does THE SEA GATE ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,455,342, expenses of $6,520,187 and total assets of $28,522,139 at year end.

Other nonprofits in BROOKLYN

All nonprofits in BROOKLYN · New York