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Nonprofit · EIN 23-7165901

SUNSET PARK REDEVELOPMENT COMMITTEE INC

Tax-exempt · BROOKLYN, NY 11220

Financials

$4.2M$4M2023$3.1M$3M2024
Revenue Expenses · by fiscal year end
Financials of SUNSET PARK REDEVELOPMENT COMMITTEE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,106,928$2,973,072$133,856$4,079,456$765,495$3,313,961
December 31, 2023990$4,190,092$4,005,943$184,149$4,108,306$1,145,855$2,962,451
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,188,354
of which government grants
$2,188,354
Program service revenue
$773,039
Investment income
$76,849
Net gain from sales of assets
$33,565
Other revenue
$68,686

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$202,697
Other salaries and wages
$989,815
Salaries, compensation and benefits (total)
$1,575,369
Professional fundraising fees
$0
Legal fees
$84
Accounting fees
$67,200
Occupancy
$288,808
Travel
$20,969
Depreciation
$18,533
Program services (functional)
$2,598,457
Management and general (functional)
$374,615

Balance sheet and other

Total assets, start of year
$4,108,306
Total assets, end of year
$4,079,456
Total liabilities, end of year
$765,495
Net assets, end of year
$3,313,961
Land, buildings and equipment
$423,936
Publicly traded securities
$2,151,859
Net assets without donor restrictions
$3,313,961
Gross receipts
$3,438,850
Employees
20
Volunteers
10
Year formed
1973
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 / weekCompensationOther / benefits
GARY BROWNPRESIDENT/EXECUTIVE DIRECT
Officer
40$158,153$44,544
JOHN DISTASIO IIIFISCAL DIRECTOR
Highest-paid employee
40$102,536$26,496
ALDO IEMMACHAIRPERSON
Trustee or director, Officer
1$0$0
GLENN SORENSONTREASURER
Trustee or director, Officer
1$0$0
SAYEL TAYARSECRETARY
Trustee or director, Officer
1$0$0
GLORIA RODRIGUEZDIRECTOR
Trustee or director
1$0$0
ROBERT MOLINARIDIRECTOR
Trustee or director
1$0$0
XIOMARA GARCIADIRECTOR (THRU MAY)
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
GARY BROWNPRESIDENT/EXECUTIVE DIRECTOR
Officer
40$131,514$21,196
ALDO LEMMACHAIRPERSON
Trustee or director, Officer
1$0$0
GLENN SORENSONTREASURER
Trustee or director, Officer
1$0$0
SAYEL TAYARSECRETARY
Trustee or director, Officer
1$0$0
GIACOMO RUTIGLIANODIRECTOR
Trustee or director
1$0$0
GLORIA NOVADIRECTOR
Trustee or director
1$0$0
MARGARETTE CASHINDIRECTOR
Trustee or director
1$0$0
VINCENT MISSERIDIRECTOR
Trustee or director
1$0$0
XIOMARA GARCIADIRECTOR
Trustee or director
1$0$0
ROBERT MOLINARIDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
5101 4TH AVE 2ND FLOOR, BROOKLYN, NY 11220-1815
Principal officer (990 for 2024)
GARY BROWN, 5101 4TH AVE 2ND FL, BROOKLYN, NY 11220
Signed the 990
GARY BROWN, PRESIDENT/EXECUTIVE DIRECTOR
Phone
(718) 492-8580
Return prepared by
WEGNER CPAS LLP

Mission

SUNSET PARK REDEVELOPMENT COMMITTEE ASSISTS WITH THE REDEVELOPMENT, RENEWAL, AND IMPROVEMENT OF SUNSET PARK AND OTHER AREAS OF KINGS COUNTY, ALL TO COMBAT COMMUNITY DETERIORATION AND TO SECURE ADEQUATE HOUSING AND CONDITIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • WEATHERIZATION - CONTRACTS WITH THE STATE OF NEW YORK TO PROVIDE WEATHERIZATION SERVICES TO LOW-INCOME HOME OWNERS AND TENANTS IN BROOKLYN. SPRC PRIORITIZES OUTREACH TO THE ELDERLY, DISABLED AND FAMILIES WITH CHILDREN TO PROVIDE THE MOST COST EFFECTIVE ENERGY AND WATER CONSERVATION MEASURES AS DETERMINED BY AN ONSITE ENERGY AUDIT OF THE BUILDING.
    Expenses $2,177,824 · revenue $312,957
  • LOW-INCOME HOUSING - CONTRACTS WITH THE STATE OF NEW YORK AND PRIVATE ORGANIZATIONS TO PROVIDE HOME REPAIR SERVICES AND HOUSING TO LOW- AND MODERATE-INCOME HOME OWNERS AND TENANTS.
    Expenses $420,633 · revenue $460,082

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
23-7165901
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
1975
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,079,456
Income (IRS master file)
$3,438,850

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,106,928$2,973,072$4,079,456XML
990December 2023$4,190,092$4,005,943$4,108,306XML
990December 2022$4,802,190$5,560,110$3,930,717IRS
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 23-7165901).

Questions about SUNSET PARK REDEVELOPMENT COMMITTEE INC

What is the EIN of SUNSET PARK REDEVELOPMENT COMMITTEE INC?
The employer identification number (EIN) of SUNSET PARK REDEVELOPMENT COMMITTEE INC is 23-7165901.
Is SUNSET PARK REDEVELOPMENT COMMITTEE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to SUNSET PARK REDEVELOPMENT COMMITTEE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SUNSET PARK REDEVELOPMENT COMMITTEE 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 SUNSET PARK REDEVELOPMENT COMMITTEE INC 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 SUNSET PARK REDEVELOPMENT COMMITTEE 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 SUNSET PARK REDEVELOPMENT COMMITTEE INC?
The 990 for the year ended December 31, 2024 names GARY BROWN.
Who are the officers and directors of SUNSET PARK REDEVELOPMENT COMMITTEE INC?
The 990 for the year ended December 31, 2024 lists 8 people; 2 received compensation from the organization, the highest $158,153 (GARY BROWN, PRESIDENT/EXECUTIVE DIRECT).
How much revenue does SUNSET PARK REDEVELOPMENT COMMITTEE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,106,928, expenses of $2,973,072 and total assets of $4,079,456 at year end.

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