BRIDGE STREET DEVELOPMENT CORPORATION
460 NOSTRAND AVENUE, BROOKLYN, NY 11216 www.bsdcorp.org

Total Revenue
$1,557,567
Total Expenses
$1,548,574
Net Assets
$2,039,496

Organizations Filed Purposes: BRIDGE STREET DEVELOPMENT CORPORATION'S MISSION IS THREEFOLD: (1) DEVELOPING AND UPGRADING HOUSING IN LOW AND MODERATE INCOME FAMILIES IN THE BEDFORD-STUYVESANT AREA; (2) ENCOURAGING THE FORMATION OF BUSINESSES IN, AND RECRUITING PROSPECTIVE AND EXISTING BUSINESSES TO, BEDFOR-STUYVESANT; AND (3) DEVELOPING MANAGEMENT AND ADMINISTRATIVE CAPACITY THAT WILL ALLOW FOR THE CENTRALIZED PROVISION OF SUCH SERVICES TO THE SEVERAL CORPORATIONS AFFILIATED WITH BRIDGE STREET AFRICAN WESLEYAN METHODIST EPISCOPAL CHURCH.

ECONOMIC DEVELOPMENT PROGRAM HAS FOUR OBJECTIVES: A) TO PROVIDE TECHNICAL AND PLANNING ASSISTANCE TO SMALL BUSINESS START-UPS B) DEVELOP COMMERCIAL SPACE FOR BUSINESS C) IMPLEMENT NEIGHBORHOOD RETAIL INITIATIVES TO ATTRACT AND RETAIN BUSINESSES AND JOBS D) OFFER EMPOWERING FINANCIAL LITERACY PROGRAMS AND BUSINESS PLANNING COURSES, AS WELL AS FIRST-TIME HOMEBUYER WORKSHOPS.

SENIOR SERVICES PROVIDES QUALITY HOUSING AT BELOW MARKET RENT FOR SENIORS, AND VARIOUS SUPPORT SERVICES ON SITE, SUCH AS MEAL ON WHEELS, WORKSHOPS, HOME HEALTH AIDES, MEDICARE ASSISTANCE AND OTHER EXTRA-CURRICULAR ACTIVITIES.

HOMEOWNERSHIP, PRESERVATION AND HOUSING DEVELOPMENT - THE GOAL IS TO IMPROVE THE BEDFORD-STUYVESANT COMMUNITY BY REHABILITATING FORMER CITY- OWNED RESIDENTIAL PROPERTIES AND SELLING THEM AT PRICES BELOW MARKET VALUE. IT CREATES HOME OWNERSHIP OPPORTUNITIES FOR LOW TO MODERATE INCOME BUYERS, INCREASES THE ATTRACTIVENESS OF THE NEIGHBORHOOD, AND UPGRADES THE LIVING CONDITIONS OF EXISTING RESIDENTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Emilio DorcelyPRES. & CEO50$158,619
Gregory AndersonPRES. AND CE40$68,803
Elwanda YongMEMBER1$0
Phyllis White-ThorneVICE CHAIR1$0
Niles Dante StewartMEMBER1$0
Xiomara Y Smith-RomainMEMBER1$0
Abitzel Robitson-HobsonTREASURER1$0
Fitzgerald MillerMEMBER1$0
Valerie Kenderick-CousinSECRETARY1$0
Edward Odom JrCHAIRMAN1$0
John E Gilmore IvMEMBER1$0
Drexel HarrisMEMBER1$0
Akil FridayMEMBER1$0
Sowonee DuworkoMEMBER1$0
Joan BartolomeoMEMBER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033159349301303_public.xml