Bergen Basin Commmunity Development Corporation
- Assets
- $2.6m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 389
- Location
- Brooklyn, NY
- Founding
- 01/1995
- Data as of
- 03/2022
- EIN
- 11-3199040
Organization Overview
Bergen Basin Commmunity Development Corporation, operating under the name Millennium Development, is located in Brooklyn, NY. The organization was established in 1995. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 03/2022, Millennium Development employed 389 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Millennium Development is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Millennium Development generated $8.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $8.3m during the year ending 03/2022. While expenses have increased by 2.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MILLENNIUM DEVELOPMENT ENHANCES THE COMMUNITY BY CULTIVATING AND CHANGING THE MINDS OF TODAY'S YOUTH, EMPOWERING FAMILIES, ENCOURAGING AND SUPPORTING THE WELL-BEING OF ADULTS, AND ADVANCING THEIR PARTICIPATION IN COMMUNITY LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAMS FUNDED BY THE NEW YORK CITY DEPARTMENT FOR YOUTH AND DEVELOPMENT INCLUDED "OUT OF SCHOOL" PROGRAMS IN 13 PUBLIC SCHOOLS IN BROOKLYN, NEW YORK. WE PROVIDEED EDUCATIONAL, CULTURAL AND SPORTS ACTIVITIES TO THE SCHOOLS' STUDENTS.
THE PROGRAMS FUNDED BY THE NEW YORK CITY DEPARTMENT FOR THE AGING INCLUDED PROVIDING CONGREGATE BREAKFASTS AND LUNCHES, EDUCATION-RECREATION ACTIVITIES, INFORMATIONAL ASSISTANCE AND TRANSPORTATION SERVICES IN 9 SENIOR CENTERS IN BROOKLYN, NEW YORK.
THE PROGRAMS FUNDED BY THE LOCAL RESIDENTS INCLUDED VARIOUS CULTURAL AND SPORTS ACTIVIES FOR LOCAL YOUTH.
THE PROGRAM FUNDED BY THE DEPARTMENT OF CRIMINAL JUSTICE INCLUDED VARIOUS BEAUTIFICATION ACTIVITIES IN THE SOUTHERN PART OF BROOKLYN, NEW YORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Boris Sokoliansky Fiscal Offic | Officer | 30 | $149,100 |
Nicholas Miller Deputy Exec | Officer | 30 | $140,000 |
Paul Curiale Executive Di | Officer | 26 | $120,000 |
Penny Caquias Deputy Exec | Officer | 31 | $89,206 |
Jennifer Laidlaw Vice Chairma | OfficerTrustee | 2 | $0 |
Vincent Rosati Chairman | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,336,921 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,373 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,388,294 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,388,294 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,113,458 |
| Pension plan accruals and contributions | $1,932 |
| Other employee benefits | $593,180 |
| Payroll taxes | $495,507 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,063 |
| Advertising and promotion | $0 |
| Office expenses | $432,876 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $314,287 |
| Travel | $17,098 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $73,869 |
| All other expenses | $0 |
| Total functional expenses | $8,306,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,715 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,345,496 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,562,211 |
| Accounts payable and accrued expenses | $641,528 |
| Grants payable | $1,592,395 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $92,460 |
| Other liabilities | $235,828 |
| Total liabilities | $2,562,211 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,562,211 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bergen Basin Commmunity Development Corporation has recieved totaling $92,047.
| Awarding Organization | Amount |
|---|---|
Expanded Schools Inc New York, NY PURPOSE: EXPANDED LEARNING | $92,047 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aging Services Of North Central Massachusetts Inc Leominster, MA | $14,624,606 | $19,675,001 |
Southwestern Pennsylvania Area Charleroi, PA | $3,794,920 | $18,303,240 |
Elder Services Of Berkshire County Inc Pittsfield, MA | $9,516,425 | $19,015,967 |
Health And Social Services Consortium Inc Sharon, MA | $5,836,726 | $15,789,545 |
Regional Aid For Interim Needs Inc Bronx, NY | $8,633,241 | $14,474,585 |
Southwestern Connecticut Agency On Aging Inc Bridgeport, CT | $5,636,957 | $14,605,418 |
Agency On Aging Of South Central Connecticut Inc North Haven, CT | $13,700,521 | $15,421,651 |
Lifespan Of Greater Rochester Inc Rochester, NY | $9,941,084 | $14,510,334 |
New York Foundation For Senior Citizens Inc New York, NY | $13,582,730 | $12,552,678 |
Greater Boston Chinese Golden Age Center Inc Boston, MA | $9,742,938 | $12,906,257 |
Dorot Inc New York, NY | $35,059,991 | $15,081,294 |
Blair Senior Services Inc Altoona, PA | $9,557,910 | $10,335,546 |