Nonprofit · EIN 11-3619986
86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC
Tax-exempt · BROOKLYN, NY 11209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $340,050 | $353,679 | -$13,629 | $346,548 | $188,525 | $158,023 |
| June 30, 2024 | 990 | $343,839 | $330,403 | $13,436 | $339,966 | $168,314 | $171,652 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $337,067
- of which government grants
- $337,067
- Program service revenue
- $0
- Investment income
- $2,983
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $60,660
- Salaries, compensation and benefits (total)
- $60,660
- Professional fundraising fees
- $0
- Occupancy
- $20,418
- Depreciation
- $4,185
- Program services (functional)
- $271,776
- Management and general (functional)
- $81,903
Balance sheet and other
- Total assets, start of year
- $339,966
- Total assets, end of year
- $346,548
- Total liabilities, end of year
- $188,525
- Net assets, end of year
- $158,023
- Land, buildings and equipment
- $19,577
- Net assets without donor restrictions
- $158,023
- Gross receipts
- $340,050
- Employees
- 0
- Year formed
- 2001
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patrick Condren | Executive Direc Trustee or director | 20 | $60,660 |
| Sandy Vallas | Vice President Officer | 0 | $0 |
| Steve Hantzepetros | President Officer | 0 | $0 |
| Betty Cohen | Secretary Officer | 0 | $0 |
| Javaid S Syed | Treasurer Officer | 0 | $0 |
| Janet Bonamassa | Vice President Officer | 0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patrick Condren | Executive Direc Trustee or director | 20 | $45,000 |
| Sandy Vallas | Vice President Officer | 0 | $0 |
| Steve Hantzepetros | President Officer | 0 | $0 |
| Betty Cohen | Secretary Officer | 0 | $0 |
| Javaid S Syed | Treasurer Officer | 0 | $0 |
| Janet Bonamassa | Vice President Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 415 86TH ST STE 2, BROOKLYN, NY 11209-4739
- In care of
- % JOHN J LOQUE JR
- Principal officer (990 for 2024)
- Steve Hantzepetros, 415 86th Street 2nd Floor, Brooklyn, NY 11209
- Signed the 990
- Steve Hantzepetros, President
- Phone
- (718) 680-2420
- Website
- www.86bid.org
- Return prepared by
- Cipriani & Bauer CPAs
Mission
To promote the economic growth and well being of the people and businesses in the Bay Ridge 86th Street area along with people visiting the neighborhood by providing supplemental services to the community. These services include sanitation, holiday lights/decorations, graffiti removal, beautification projects, and other services and activities which foster safety, crime reduction, improved traffic flow and cleanliness to create a welcoming environment for residents, businesses, shoppers and visitors. Additionally, they also makes post-Covid efforts to retain, develop and cultivate local businesses in the BID.
Program accomplishments
- Provided supplemental services to the community including sanitation, holiday lights/decorations, graffiti removal, and other services and activities which foster safety, crime reduction, improved traffic flow and cleanliness to create a welcoming environment for residents, businesses, shoppers and visitors. Additionally, they also makes post-Covid efforts to retain, develop and cultivate local businesses in the BID.Expenses $271,776
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 11-3619986
- 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
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $346,548
- Income (IRS master file)
- $340,050
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $340,050 | $353,679 | $346,548 | XML |
| 990 | June 2024 | $343,839 | $330,403 | $339,966 | XML |
| 990 | June 2023 | $365,548 | $356,854 | $324,133 | IRS |
| 990 | June 2022 | $290,029 | $287,424 | $169,191 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 11-3619986).
Questions about 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC
- What is the EIN of 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC?
- The employer identification number (EIN) of 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC is 11-3619986.
- Is 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 86TH STREET BAY RIDGE 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 86TH STREET BAY RIDGE 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 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC?
- The 990 for the year ended June 30, 2025 names Steve Hantzepetros.
- Who are the officers and directors of 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $60,660 (Patrick Condren, Executive Direc).
- How much revenue does 86TH STREET BAY RIDGE DISTRICT MANAGEMENT ASSOCIATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $340,050, expenses of $353,679 and total assets of $346,548 at year end.
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