86th Street Bay Ridge District Management Association Inc

EIN: 113619986 501(c)(3) Community Improvement

Brooklyn, NY

Total Revenue
$340,050
Total Expenses
$353,679
Total Assets
$346,548
Net Assets
$158,023
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NY
Principal Officer
Steve Hantzepetros
Phone
7186802420
Tax Period
2024-07-01 to 2025-06-30

86th Street Bay Ridge District Management Association Inc, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $340K in total revenue in fiscal year 2024.

Mission

To promote the economic growth and well being of the people and businesses in the Bay Ridge 86th Street area along with people visiting the neighborhood by providing supplemental services to the community. These services include sanitation, holiday lights/decorations, graffiti removal, beautification projects, and other services and activities which foster safety, crime reduction, improved traffic flow and cleanliness to create a welcoming environment for residents, businesses, shoppers and visitors. Additionally, they also makes post-Covid efforts to retain, develop and cultivate local businesses in the BID.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $337,067
Program Service Revenue $0
Investment Income $2,983
Other Revenue $0
TOTAL REVENUE $340,050

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,660
Fundraising Expenses $0
Program Expenses $271,776
Other Expenses $293,019
TOTAL EXPENSES $353,679

Year-over-Year Comparison

2024 2023 Change
Revenue $340,050 $343,839 0.0%
Expenses $353,679 $330,403 +0.1%
Net Income $-13,629 $13,436 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
1
$60,660
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Patrick Condren Executive Direc 20.00
Director
$60,660 $0 $60,660
Sandy Vallas Vice President 0.00
Officer
$0 $0 $0
Steve Hantzepetros President 0.00
Officer
$0 $0 $0
Betty Cohen Secretary 0.00
Officer
$0 $0 $0
Javaid S Syed Treasurer 0.00
Officer
$0 $0 $0
Janet Bonamassa Vice President 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $340,050 $353,679 $346,548 $-13,629
2024 $343,839 $330,403 $339,966 $13,436
2023 $365,548 $356,854 $324,133 $8,694
2022 $290,029 $287,424 $169,191 $2,605
2021 $290,372 $272,017 $314,364 $18,355
2020 $292,043 $287,931 $140,687 $4,112
2019 $293,895 $288,538 $130,074 $5,357
2018 $293,448 $359,659 $129,719 $-66,211
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