Brooklyn Bridge Park Corporation
83% goes to programs $0 to raise $100 Strong reserves Growing revenue
Brooklyn Bridge Park Corporation is a 501(c)(3) organization based in Brooklyn, New York, registered in 2011, with $34,634,388 in FY2023 revenue. CharityIndex grades it B+, and it directs about 83% of spending to programs.
334 Furman Street, Brooklyn, NY, 11201 EIN 27-2846763 Since 2011
Revenue (FY2023)
$34.6M
▲ 11.8% vs prior year
Recreation median: $129K
Expenses (FY2023)
$38.8M
Net assets
$375.8M
Employees
86
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating83% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Brooklyn Bridge Park Corporation: 83% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating116 mo reserves · -12% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Brooklyn Bridge Park Corporation: 116 mo reserves · -12% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Brooklyn Bridge Park Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Brooklyn Bridge Park Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Brooklyn bridge park corporation, d/b/a brooklyn bridge park ("bbp"), is the entity responsible for the planning, construction, maintenance and operation of brooklyn bridge park, an 85-acre sustainable waterfront park stretching 1.3 miles along brooklyn's east river shoreline. bbp's mission is to provide an exceptional public space that connects people, nature, and the waterfront, through inclusive, innovative, and sustainable management and design. bbp operates under a mandate, embodied by its general project plan, to be financially self-sustaining, which includes the activation of certain development sites within the project's footprint.
Contact & location
- Address
- 334 Furman Street, Brooklyn, NY, 11201
- City
- Brooklyn
- State
- New York
- Category
- Recreation & Sports
- Subcategory
- Parks & Playgrounds
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $81.9M (FY2013) to $34.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $127.5MNet assets $375.8M
Operating margin
-12.1%
Spent more than it raised in the latest fiscal year.
Total assets
$503.3M
Total liabilities
$127.5M
Net assets
$375.8M
Salaries & benefits
$8.1M
21% of expenses
Board members
19
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $34,634,388▲11.8% | $38,838,693▲0.7% | $375,781,361▼1.0% | $503,306,340▼1.8% | 990 |
| 2022 | $30,976,460▼2.6% | $38,557,880▲15.1% | $379,630,802▼1.8% | $512,393,480▼3.7% | 990 |
| 2021 | $31,802,513▲25.6% | $33,494,318▲5.1% | $386,678,411▲0.6% | $531,969,185▲29.6% | 990 |
| 2020 | $25,310,971▲5.7% | $31,878,425▲9.9% | $384,259,432▼1.7% | $410,528,577▲0.2% | 990 |
| 2019 | $23,949,777▼74.7% | $28,993,628▲9.2% | $391,007,626▼1.2% | $409,729,716▼0.7% | 990 |
| 2018 | $94,735,387▲31.4% | $26,551,284▼14.7% | $395,847,990▲21.0% | $412,419,285▲17.5% | 990 |
| 2017 | $72,095,434▲23.2% | $31,112,716▲66.2% | $327,276,863▲14.2% | $350,865,612▲7.9% | 990 |
| 2016 | $58,518,127▲141% | $18,725,176▲18.3% | $286,573,326▲16.0% | $325,274,468▲18.6% | 990 |
| 2015 | $24,255,902▼62.3% | $15,829,456▲21.7% | $247,052,992▲3.4% | $274,190,090▲2.0% | 990 |
| 2014 | $64,279,100▼21.5% | $13,004,216▼32.6% | $238,860,638▲27.3% | $268,749,861▲21.9% | 990 |
| 2013 | $81,932,330 | $19,292,673▲137% | $187,585,754▲50.1% | $220,532,758▲45.6% | 990 |
| 2012 | — | $8,145,861▲46.1% | $124,946,097▲44.7% | $151,475,761▲24.2% | 990 |
| 2011 | — | $5,575,788 | $86,358,863 | $121,996,387 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Eric Landau — $257,674 (0.66% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Eric Landau | President | 35 | $257,674 |
| Jelani Watkins | Treasurer/cfo | 35 | $214,021 |
| Jeffrey Sandgrund | Coo | 35 | $208,959 |
| Sarah Krauss | Chief of Staff & Vp, Pub. | 35 | $205,879 |
| Amy Lojek | Secretary/general Counsel | 35 | $199,598 |
| Lindsay Ross | Vp, Capital Projects and Rest. | 35 | $156,896 |
| Dana Glass | Dir. of People and Culture | 35 | $131,161 |
| Joel Bermejo | Deputy General Counsel | 35 | $130,825 |
| Andi Phillips | Director | 1 | — |
| Andrew Kimball | Director | 1 | — |
| Gregg Bishop | Director | 1 | — |
| Henry B Gutman | Director | 1 | — |
| James Archer | Director | 1 | — |
| Jeffrey D Friedlander | Director | 1 | — |
| Joanne Witty | Director/vice Chair | 1 | — |
| Jocelynne Rainey | Director | 1 | — |
| Josh Kraus | Director | 1 | — |
| Mariana Alexander | Director | 1 | — |
| Martin Connor | Director | 1 | — |
| Martin Maher | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Reicon Group LLC | Construction Services | $10,998,882 |
| Berlin Rosen LLC | Digital Strategy Consulting | $112,500 |
Grants received · $25K total
1 grant to Brooklyn Bridge Park Corporation totaling $25K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| New York University | Support | 2016 | $25,000 |
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Frequently asked questions
- Is Brooklyn Bridge Park Corporation a legitimate nonprofit?
- Yes. Brooklyn Bridge Park Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-2846763, based in Brooklyn, New York. Donations are tax-deductible.
- What is Brooklyn Bridge Park Corporation's EIN?
- Brooklyn Bridge Park Corporation's Employer Identification Number (EIN) is 27-2846763.
- How much revenue does Brooklyn Bridge Park Corporation report?
- Brooklyn Bridge Park Corporation reported $34,634,388 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Brooklyn Bridge Park Corporation's spending goes to programs?
- Brooklyn Bridge Park Corporation spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Brooklyn Bridge Park Corporation have?
- CharityIndex grades Brooklyn Bridge Park Corporation B+, based on program efficiency and fundraising cost.
- How much does Brooklyn Bridge Park Corporation's highest-paid employee make?
- The highest reported compensation on Brooklyn Bridge Park Corporation's latest Form 990 is $257,674, paid to Eric Landau (President).
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Data for Brooklyn Bridge Park Corporation (EIN 27-2846763) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.