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Nonprofit · EIN 11-3132562

GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC

Also known as GMDC

Tax-exempt · BROOKLYN, NY 11222

Financials

$6.5M$5.9M2023$7.8M$6.3M2024$7.9M$8.4M2025
Revenue Expenses · by fiscal year end
Financials of GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$7,917,281$8,357,086-$439,805$74,532,429$40,194,584$34,337,845
December 31, 2024990$7,761,925$6,295,269$1,466,656$68,391,458$38,655,573$29,735,885
December 31, 2023990$6,472,967$5,902,260$570,707$68,216,932$39,929,245$28,287,687
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,461,134
of which government grants
$1,011,134
Program service revenue
$5,875,231
Investment income
$369,464
Other revenue
$211,452

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$874,595
Other salaries and wages
$846,228
Salaries, compensation and benefits (total)
$2,164,480
Professional fundraising fees
$0
Legal fees
$36,410
Accounting fees
$139,996
Occupancy
$825,600
Depreciation
$1,619,016
Program services (functional)
$7,539,153
Management and general (functional)
$683,596
Fundraising (functional)
$134,337

Balance sheet and other

Total assets, start of year
$68,391,458
Total assets, end of year
$74,532,429
Total liabilities, end of year
$40,194,584
Net assets, end of year
$34,337,845
Land, buildings and equipment
$53,838,686
Net assets without donor restrictions
$34,337,845
Gross unrelated business income
$48,598
Gross receipts
$7,917,281
Employees
27
Volunteers
11
Year formed
1992
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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
BRIAN T COLEMANCEO
Trustee or director, Officer
24$525,459$67,584
MICHAEL CAVAGNAROCFO
Officer
24$254,904$26,648
CASSANDRA SMITHSENIOR PROJECT MANAGER
Highest-paid employee
24$209,484$54,880
CURTIS BIEDERBECKFACILITIES MANAGER
Highest-paid employee
24$155,947$52,567
GUSTAVO MARTINEZPROJECT MANAGER
Highest-paid employee
24$152,578$46,328
VASSILI PRIIMAKBUILDING MAINTENANCE
Highest-paid employee
24$108,674$35,059
KATE ASCHERCHAIR
Trustee or director, Officer
0.6$0$0
LIBBY RYANVICE CHAIR
Trustee or director, Officer
0.6$0$0
HARRY SCHWARTZSECRETARY
Trustee or director, Officer
0.6$0$0
ROSALIND S PAASWELLTREASURER
Trustee or director, Officer
0.6$0$0
ADAM TELL METZGERDIRECTOR
Trustee or director
0.6$0$0
ALIREZA ESMAEILZADEHDIRECTOR (OUTGOING)
Trustee or director
0.6$0$0
JOHN HOROWITZDIRECTOR (OUTGOING)
Trustee or director
0.6$0$0
JOSEPH TOOMADIRECTOR (OUTGOING)
Trustee or director
0.6$0$0
JUDITH KUNOFFDIRECTOR
Trustee or director
0.6$0$0
5 more people on this return
NameTitleHours / weekCompensation
LORINDA KAROFFDIRECTOR
Trustee or director
0.6$0
MEGHAN TAYLOR-STESHYNDIRECTOR
Trustee or director
0.6$0
MICHAEL NIXONDIRECTOR
Trustee or director
0.6$0
MORT GOLDFEINDIRECTOR
Trustee or director
0.6$0
SEBASTIAN HARDYDIRECTOR
Trustee or director
0.6$0
990 for the year ended December 31, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
BRIAN T COLEMANCEO
Trustee or director, Officer
24$427,553$46,192
MICHAEL CAVAGNAROCFO
Officer
24$221,535$21,556
CASSANDRA SMITHSENIOR PROJECT MANAGER
Highest-paid employee
24$179,087$37,500
CURTIS BIEDERBECKFACILITIES MANAGER
Highest-paid employee
24$131,465$33,376
GUSTAVO MARTINEZPROJECT MANAGER
Highest-paid employee
24$125,007$32,779
SEBASTIAN HARDYCHAIR
Trustee or director, Officer
0.6$0$0
LIBBY RYANVICE CHAIR
Trustee or director, Officer
0.6$0$0
HARRY SCHWARTZSECRETARY
Trustee or director, Officer
0.6$0$0
ROSALIND S PAASWELLTREASURER
Trustee or director, Officer
0.6$0$0
KATE ASCHERDIRECTOR
Trustee or director
0.6$0$0
ALIREZA ESMAEILZADEHDIRECTOR
Trustee or director
0.6$0$0
MORT GOLDFEINDIRECTOR
Trustee or director
0.6$0$0
JOHN HOROWITZDIRECTOR
Trustee or director
0.6$0$0
LORINDA KAROFFDIRECTOR
Trustee or director
0.6$0$0
JUDITH KUNOFFDIRECTOR
Trustee or director
0.6$0$0
ADAM TELL METZGERDIRECTOR
Trustee or director
0.6$0$0
MICHAEL NIXONDIRECTOR
Trustee or director
0.6$0$0
JOSEPH TOOMADIRECTOR
Trustee or director
0.6$0$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
BRIAN T COLEMANCEO
Trustee or director, Officer
16$509,289$44,887
MICHAEL CAVAGNAROCFO
Officer
16$230,941$20,300
CASSANDRA SMITHSENIOR PROJECT MANAGER
Highest-paid employee
16$191,243$34,891
CURTIS BIEDERBECKFACILITIES MANAGER
Highest-paid employee
16$132,922$30,802
GUSTAVO MARTINEZPROJECT MANAGER
Highest-paid employee
16$125,765$30,369
VASSILI PRIIMAKBUILDING MAINTENANCE
Highest-paid employee
16$100,198$22,752
SEBASTIAN HARDYCHAIR
Trustee or director, Officer
0.4$0$0
LIBBY RYANVICE CHAIR
Trustee or director, Officer
0.4$0$0
HARRY SCHWARTZSECRETARY
Trustee or director, Officer
0.4$0$0
ROSALIND S PAASWELLTREASURER
Trustee or director, Officer
0.4$0$0
ADAM TELL METZGERDIRECTOR
Trustee or director
0.4$0$0
ALIREZA ESMAEILZADEHDIRECTOR
Trustee or director
0.4$0$0
JOHN HOROWITZDIRECTOR
Trustee or director
0.4$0$0
JOSEPH TOOMADIRECTOR
Trustee or director
0.4$0$0
KATE ASCHERDIRECTOR
Trustee or director
0.4$0$0
LORINDA KAROFFDIRECTOR
Trustee or director
0.4$0$0
MICHAEL NIXONDIRECTOR
Trustee or director
0.4$0$0
MORT GOLDFEINDIRECTOR
Trustee or director
0.4$0$0

Address and contacts

Address (IRS master file)
1155 MANHATTAN AVENUE, BROOKLYN, NY 11222-6102
In care of
% DAVID SWEENEY
Principal officer (990 for 2025)
BRIAN T COLEMAN, 1155 MANHATTAN AVENUE, BROOKLYN, NY 11222
Signed the 990
BRIAN T COLEMAN, CEO
Phone
(718) 383-3935
Return prepared by
CBIZ ADVISORS LLC

Mission

THE ORGANIZATION CREATES AND SUSTAINS VIABLE MANUFACTURING SECTORS IN URBAN NEIGHBORHOODS THROUGH PLANNING, DEVELOPING, AND MANAGING REAL ESTATE AND OFFERING OTHER RELATED SERVICES.

990 for the year ended December 31, 2025

Program accomplishments

  • SMALL BUSINESS SUPPORT:OWN AND MANAGE A PORTFOLIO OF INDUSTRIAL BUILDINGS WHILE PROVIDING ADDITIONAL SERVICES TO SMALL MANUFACTURING BUSINESSES THROUGH THE PROVISION OF HARD TO FIND AFFORDABLE MANUFACTURING SPACE. THE ORGANIZATION'S BUILDINGS CONTINUE TO BE A HAVEN FOR SMALL MANUFACTURERS AND THE QUALITY JOBS THEY CREATE IN URBAN NEIGHBORHOODS.
    Expenses $7,539,153 · revenue $6,038,085

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-3132562
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
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$74,532,429
Income (IRS master file)
$7,917,281

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$7,917,281$8,357,086$74,532,429XML
990-TDecember 2025–––IRS
990December 2024$7,761,925$6,295,269$68,391,458XML
990-TDecember 2024–––IRS
990December 2023$6,472,967$5,902,260$68,216,932XML
990-TDecember 2023–––IRS
990December 2022$5,077,800$5,271,351$70,874,676IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990-TDecember 2020–––IRS
990December 2019–––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 11-3132562).

Questions about GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC

What is the EIN of GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC?
The employer identification number (EIN) of GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC is 11-3132562.
Is GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC 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 GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC?
The 990 for the year ended December 31, 2025 names BRIAN T COLEMAN.
Who are the officers and directors of GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC?
The 990 for the year ended December 31, 2025 lists 20 people; 6 received compensation from the organization, the highest $525,459 (BRIAN T COLEMAN, CEO).
How much revenue does GREENPOINT MANUFACTURING AND DESIGN CENTER LOCAL DEVELOPMENT CORP GMDC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $7,917,281, expenses of $8,357,086 and total assets of $74,532,429 at year end.

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