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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 Southwest Brooklyn Industrial Development Corporation

Southwest Brooklyn Industrial Development Corporation

Fiscal year ending 2021. Filed on March 18, 2022.

241 41st Street
Brooklyn, New York 11232

Southwest Brooklyn Industrial Development Corporation (EIN: 11-2508370) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Southwest Brooklyn Industrial Development Corporation, a 501(c)(3) charitable organization, reported compensation for 2 out of 9 total employees. Among the employees shown here, the average compensation is $121,028. The highest compensated employee at Southwest Brooklyn Industrial Development Corporation is Benjamin Margolis with fiscal year 2021 compensation of $139,780.

Revenue, expenses, and employee compensation

Revenue

$1,175,336

Expenses

$1,113,967

Employee compensation

$666,273
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Benjamin Margolis
ED to 5/21
$139,780
$124,552 No related comp$15,228
Jesse Solomon
Executive Director
$102,276
$90,449 No related comp$11,827

Benchmark Employee Compensation

Non-Employee Board Members

Blake Tomnitz
Member
Christopher Murtha
Member
David J Sweeny
Chair
Eileen Thornton
Member
Howard Smith Jr
Secretary
Irina Constantine
Member
Jeffrey Lee
Member
Lorna Montalvo
Member
Mark Foggin
Member
Michael Dimarino
Member
Michael Jeffrey Spinner
Member
Paul Gevertzman
Member

Mission Statement

SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION (SBIDC) PROVIDES ADVOCACY AND SERVICES TO HELP BUSINESSES IN THE SUNSET PARK, RED HOOK AND GOWANUS NEIGHBORHOODS GROW AND CREATE EMPLOYMENT OPPORTUNITIES FOR LOCAL RESIDENTS.

Revisions to this organization profile

May 6, 2025:
2024 Southwest Brooklyn Industrial Development Corporation 990 filed
May 8, 2024:
2023 Southwest Brooklyn Industrial Development Corporation 990 filed
April 24, 2023:
2022 Southwest Brooklyn Industrial Development Corporation 990 filed

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