Nonprofit · EIN 20-2849260
FAC CENTER LOCAL DEVELOPMENT CORP
Tax-exempt · BROOKLYN, NY 11217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $781,949 | $571,192 | $210,757 | $6,698,390 | $2,643,284 | $4,055,106 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $725,843
- Investment income
- $53,579
- Other revenue
- $2,527
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,500
- Depreciation
- $169,709
- Program services (functional)
- $562,692
- Management and general (functional)
- $8,500
Balance sheet and other
- Total assets, start of year
- $6,768,195
- Total assets, end of year
- $6,698,390
- Total liabilities, end of year
- $2,643,284
- Net assets, end of year
- $4,055,106
- Land, buildings and equipment
- $3,461,618
- Net assets without donor restrictions
- $4,055,106
- Gross receipts
- $781,949
- Employees
- 0
- Year formed
- 2004
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHELLE DE LA UZ | SECRETARY Trustee or director, Officer | 0.5 | $0 | $278,652 | $11,580 |
| DANY CUNNIGHAM | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JESSICA YAGER | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 621 DEGRAW STREET, BROOKLYN, NY 11217-4596
- In care of
- % FIFTH AVENUE COMMITTEE INC
- Principal officer (990 for 2024)
- MICHELLE DE LA UZ, 621 DEGRAW STREET, BROOKLYN, NY 11217
- Signed the 990
- MICHELLE DE LA UZ, SECRETARY
- Phone
- (718) 237-2017
- Return prepared by
- DESANTIS KIEFER SHALL & SARCONE LLP
Mission
THE MISSION OF THE ORGANIZATION IS TO REDUCE UNEMPLOYMENT AND EXPAND JOB OPPORTUNITIES IN THE SOUTH BROOKLYN AREA.
Program accomplishments
- THE ORGANIZATION SERVES AS A COMMUNITY CENTER IN SOUTH BROOKLYN TO TRAIN INDIVIDUALS ON IMPROVING THEIR JOB SKILLS AND EMPLOYEE MARKETABILITY, ATTRACT OUT OF THE AREA BUSINESSES AND AGENCIES TO RELOCATE OR GROW TO THE LOCAL AREA AND REATIN LOCAL BUSINESSES AND AGENCIES.Expenses $562,692 · revenue $725,843
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
- 20-2849260
- 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
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $6,698,390
- Income (IRS master file)
- $781,949
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $3,338,292 | $805,147 | $6,759,552 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about FAC CENTER LOCAL DEVELOPMENT CORP
- What is the EIN of FAC CENTER LOCAL DEVELOPMENT CORP?
- The employer identification number (EIN) of FAC CENTER LOCAL DEVELOPMENT CORP is 20-2849260.
- Is FAC CENTER LOCAL DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to FAC CENTER LOCAL DEVELOPMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FAC CENTER LOCAL DEVELOPMENT CORP 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 FAC CENTER LOCAL DEVELOPMENT CORP 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 FAC CENTER LOCAL DEVELOPMENT CORP 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 FAC CENTER LOCAL DEVELOPMENT CORP?
- The 990 for the year ended June 30, 2025 names MICHELLE DE LA UZ.
- Who are the officers and directors of FAC CENTER LOCAL DEVELOPMENT CORP?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does FAC CENTER LOCAL DEVELOPMENT CORP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $781,949, expenses of $571,192 and total assets of $6,698,390 at year end.
Other nonprofits in BROOKLYN
- CAMBA INC EIN 11-2480339 · last filed 990 for 2025
- BROOKLYN NAVY YARD DEVELOPMENT CORPORATION EIN 11-2137138 · last filed 990 for 2025
- HOUSING WORKS INC EIN 13-3584089 · last filed 990 for 2025
- ST NICKS ALLIANCE CORP EIN 51-0192170 · last filed 990 for 2024
- NPOWER INC EIN 13-4145441 · last filed 990 for 2025
- CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION INC EIN 11-2683663 · last filed 990 for 2025
- ARAB-AMERICAN FAMILY SUPPORT CENTER INC EIN 11-3167245 · last filed 990 for 2025
- BUILDING 77 QALICB INC EIN 47-2526419 · last filed 990 for 2025
All nonprofits in BROOKLYN · New York · Community improvement and capacity building