Building 127 Ll Inc.
Fiscal year ending 2024. Filed on March 11, 2025.
141 Flushing Avenue 801
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 2024 IRS Form 990 filing, Building 127 Ll Inc., a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $328,660. The highest compensated employee at Building 127 Ll Inc. is Wimal Ariyawansa with fiscal year 2024 compensation of $366,598.
Revenue, expenses, and employee compensation
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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
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