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Nonprofit · EIN 11-2977052

KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION INC

Tax-exempt · BROOKLYN, NY 11223

Financials

$337K$478K2023$519K$577K2024
Revenue Expenses · by fiscal year end
Financials of KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$518,617$576,608-$57,991$109,284$0$109,284
June 30, 2024990$336,889$478,398-$141,509$96,462$76,402$20,060
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$518,030
of which government grants
$503,030
Program service revenue
$0
Investment income
$587
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$108,303
Salaries, compensation and benefits (total)
$156,627
Professional fundraising fees
$0
Accounting fees
$8,645
Occupancy
$26,700
Depreciation
$3,017
Program services (functional)
$269,748
Management and general (functional)
$306,860

Balance sheet and other

Total assets, start of year
$96,462
Total assets, end of year
$109,284
Total liabilities, end of year
$0
Net assets, end of year
$109,284
Land, buildings and equipment
$90,873
Net assets without donor restrictions
$109,284
Gross receipts
$518,617
Employees
2

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
PHILIP NUZZOMANAGER
Trustee or director, Officer
30$87,202
SUZANNE C LINARESOFFICER
Officer
20$0
LAWRENCE ZILBERMANPRESIDENT
Officer
5$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
PHILIP NUZZOMANAGER
Highest-paid employee
35$82,202
SUZANNE C LINARESOFFICE
Key employee
20$13,600
LAWRENCE ZILBERMANPRESIDENT
Officer
5$0

Address and contacts

Address (IRS master file)
905 KINGS HWY, BROOKLYN, NY 11223-2336
Principal officer (990 for 2024)
LAWRENCE ZILBERMAN
Signed the 990
PHILIP NUZZO, MANAGER
Return prepared by
RICHARD J GIRASOLE CPA PC

Mission

PROMOTE BUSINESS WITHIN THE COMMUNITY

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTE BUSINESS WITHIN THE COMMUNITY
  • Expenses $269,748

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Check at the IRS
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
11-2977052
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$109,284
Income (IRS master file)
$518,617

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$518,617$576,608$109,284XML
990June 2024$336,889$478,398$96,462XML
990June 2023$470,234$479,062$277,134IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 11-2977052).

Questions about KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION INC

What is the EIN of KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION INC?
The employer identification number (EIN) of KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION INC is 11-2977052.
Is KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION 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 KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION 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 KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names LAWRENCE ZILBERMAN.
Who are the officers and directors of KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $87,202 (PHILIP NUZZO, MANAGER).
How much revenue does KINGS HIGHWAY DISTRICT MANAGEMENT ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $518,617, expenses of $576,608 and total assets of $109,284 at year end.

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