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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Building 127 Ll Inc.

Building 127 Ll Inc.

Fiscal year ending 2018. Filed on November 4, 2019.

63 Flushing Avenue Unit 300
Brooklyn, New York 11205

Building 127 Ll Inc. (EIN: 83-1766314) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2018 IRS Form 990 filing, Building 127 Ll Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $206,451. The highest compensated employee at Building 127 Ll Inc. is Clare Newman with fiscal year 2018 compensation of $207,752.

Revenue, expenses, and employee compensation

Revenue

$66,564

Expenses

$432,599

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Clare Newman
Vice President and Director
$207,752
$0 $207,752 No other comp
Wimal Ariyawansa
Treasurer and Director
$206,251
$0 $206,251 No other comp
Paul Kelly
President and Director
$205,351
$0 $205,351 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Julia Miller
Secretary
$115,491
$0 $115,491 No other comp
Chris Tepper
Director
No compensation reported

Mission Statement

BUILDING 127 LL, INC. WAS FORMED AS PART OF BROOKLYN NAVY YARD DEVELOPMENT CORPORATION'S ("BNYDC") EFFORTS TO RENOVATE BUILDING 127 (THE "PROJECT"), AN INDUSTRIAL FACILITY, THAT IS A CERTIFIED HISTORIC STRUCTURE AND IS ELIGIBLE FOR INVESTMENT TAX CREDITS FOR QUALIFYING REHABILITATION EXPENDITURES PURSUANT TO SECTION 47 OF THE IRC. THE CORPORATION WILL ENGAGE SOLELY IN THE FACILITATION OF FINANCING FOR REDEVELOPMENT AND SUBSEQUENT LEASING OF BUILDING 127. TO FACILITATE THE FINANCING OF THE PROJECT RENOVATIONS, THE CORPORATION BORROWED FUNDS AND WILL USE THE PROCEEDS OF THE LOANS TO MAKE A LOAN TO THE INVESTMENT FUND

Revisions to this organization profile

March 11, 2025:
2024 Building 127 Ll Inc. 990 filed
April 1, 2024:
2023 Building 127 Ll Inc. 990 filed
June 15, 2023:
2022 Building 127 Ll Inc. 990 filed

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