SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION
241 41st Street, Brooklyn, NY 11232 www.sbidc.org

Total Revenue
$1,025,571
Total Expenses
$936,873
Net Assets
$297,341

Organizations Filed Purposes: 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.

As we have since 1978, SBIDC worked tirelessly to ensure that the industrial core of Southwest Brooklyn remains strong, and that it remains as a center for opportunity for workers throughout the area. Our unique combination of direct business services, workforce development, entrepreneurship training, community planning and revitalization, and advocacy helped businesses throughout Southwest Brooklyn thrive in a market, and a city, that can be challenging for manufacturers and other industrial businesses. The past nine months have illustrated how critical our working waterfront is to the resiliency of the City, the region and beyond. Yet the pandemic also brought heartbreaking and unprecedented challenges for Southwest Brooklyns small businesses and workers. Since mid-March, SBIDC provided support to over 600 industrial employers desperately seeking help with complex assistance programs, new business opportunities, safety regulations, and large-scale rezoning proposals in Sunset Park and Gowanus. Working remotely, our Workforce 1 Center helped approximately 100 job-seekers find employment and provided career services to over 1,000 New Yorkers.We also felt compelled to advance programs that respond to growing community needs. Our Equitable Industrial Development program helps owners sell their business to employees, preserving legacy along with critical jobs. In Red Hook, we are helping to clean-up properties and create quality work opportunities for unemployed residents. And in 2021, we look forward to launching a training program that prepares young adults for careers in industries critical to a sustainable and equitable recovery.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Benjamin MargolisExecutive Dir.40$115,596
Andrew KimballMem to 5/312$0
Anthony RondinelliMem to 5/312$0
Michael Jeffrey SpinnerMember2$0
Roger RigolliMember2$0
Christopher MurthaMember2$0
Lorna MontalvoMember2$0
Samara DalyMember2$0
Jeffrey LeeMember2$0
Stephen GiumentaMember2$0
Eileen ThorntonMember2$0
Blake TomnitzMember2$0
Paul GevertzmanMember2$0
Michael DimarinoMember2$0
Irina ConstantineMember2$0
Howard Smith JrSecretary2$0
Susan FermiscoTreasurer2$0
David J Sweeny1st Vice Chair2$0
Mark FogginChair2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202100849349300015_public.xml