2023-11-10T14:11:21-06:00 2022-12-31 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2022-01-01 237021273 GREATER JAMAICA DEVELOPMENT CORPORATION GREA 7182910282 90-04 161ST STREET 704 JAMAICA NY 11432 TODD S BENENSON ASSISTANT TREASURER/CFO 7182910281 2023-11-09 1 TODD BENENSON 999009999 0 MAGDALENA CZERNIAWSKI P00535099 2125038800 2023-11-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JUSTIN RODGERS 90-04 161ST STREET 704 JAMAICA NY 11432 11303334 0 X WWW.GJDC.ORG X 1967 NY SEE SCHEDULE O 33 33 39 33 0 0 1662127 910723 5732235 6832617 773842 -218980 229794 77613 8397998 7601973 38500 95750 0 0 2877650 2955740 0 0 288893 5751307 6771744 8667457 9823234 -269459 -2221261 43416674 38751067 16457035 15173019 26959639 23578048 X SEE SCHEDULE O 0 0 4024153 1500 4492222 SEE SCHEDULE O 1883580 1603102 SEE SCHEDULE O 763133 93500 712745 SEE SCHEDULE O 503372 750 149877 503372 750 149877 7174238 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 X 29 0 1 39 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NY X TODD S BENENSON ASSISTANT TREASUR 7182910282 90-04 161ST STREET JAMAICA NY 11432 X ARTHUR BENJAMIN JR TREASURER 1.00 2.00 X X 0 0 0 CALVIN LAWRENCE JR SECRETARY 1.00 2.00 X X 0 0 0 CEDRIC DEW BOARD MEMBER 1.00 2.00 X 0 0 0 DANIEL GREENE BOARD MEMBER 1.00 2.00 X 0 0 0 DAVID COTTON BOARD MEMBER 1.00 2.00 X 0 0 0 DR BERENECEA JOHNSON EANES BOARD MEMBER 1.00 2.00 X 0 0 0 DREW SPITLER BOARD MEMBER 1.00 2.00 X 0 0 0 ELLIOT G SANDER VICE CHAIR 1.00 2.00 X X 0 0 0 ERIC BLUESTONE BOARD MEMBER 1.00 2.00 X 0 0 0 EVAN KASHANIAN BOARD MEMBER 1.00 2.00 X 0 0 0 FRANK DIMOLA BOARD MEMBER 1.00 3.00 X 0 0 0 GEORGE GRASSO BOARD MEMBER (OUTGOING) 1.00 2.00 X 0 0 0 GREG POLIS BOARD MEMBER 1.00 2.00 X 0 0 0 HOWARD GRAF BOARD MEMBER 1.00 3.00 X 0 0 0 ICEMA D GIBBS BOARD MEMBER 1.00 2.00 X 0 0 0 JAMES H SIMMONS BOARD MEMBER (OUTGOING) 1.00 2.00 X 0 0 0 JONATHAN WHITE BOARD MEMBER (OUTGOING) 1.00 2.00 X 0 0 0 JUDY TUCKER BOARD MEMBER 1.00 2.00 X 0 0 0 LAMONT R BAILEY CHAIRMAN 1.00 2.00 X X 0 0 0 MELVA MILLER VICE CHAIR 1.00 2.00 X X 0 0 0 MEREDITH MARSHALL BOARD MEMBER 1.00 2.00 X 0 0 0 MICHELLE STODDART BOARD MEMBER 1.00 2.00 X 0 0 0 PETER KULKA BOARD MEMBER 1.00 2.00 X 0 0 0 PHILIPPA L KARTERON BOARD MEMBER 1.00 2.00 X 0 0 0 RACHEL GILBERT SOLOMON BOARD MEMBER 1.00 2.00 X 0 0 0 REBECCA DEUTSCHER BOARD MEMBER 1.00 2.00 X 0 0 0 REGINALD M RASCH BOARD MEMBER 1.00 3.00 X 0 0 0 REV DR CALVIN RICE BOARD MEMBER 1.00 2.00 X 0 0 0 REV DR FLOYD H FLAKE BOARD MEMBER 1.00 2.00 X 0 0 0 REVEREND PATRICK H O'CONNOR BOARD MEMBER 1.00 2.00 X 0 0 0 RICHARD DZWLEWICZ BOARD MEMBER 1.00 2.00 X 0 0 0 RICHARD T ANDERSON BOARD MEMBER 1.00 2.00 X 0 0 0 WANDA JACKSON BOARD MEMBER 1.00 2.00 X 0 0 0 WILLIAM LYNCH BOARD MEMBER 1.00 2.00 X 0 0 0 YAROJIN ROBINSON BOARD MEMBER 1.00 2.00 X 0 0 0 YESENIA GRAHAM BOARD MEMBER 1.00 2.00 X 0 0 0 BLONDEL PINNOCK CHIEF OF STAFF (OUTGOING) 30.90 4.10 X 75428 0 18157 CAROLINE FORBES ASSISTANT SECRETARY (OUTGOING) 30.90 4.10 X 14176 0 1350 JUSTIN RODGERS PRESIDENT & CEO 31.90 3.10 X 296045 0 51356 PATRICIA ROBINSON CHIEF ADMINISTRATIVE OFFICER 31.90 4.10 X 141992 0 9892 TODD S BENENSON ASSISTANT TREASURER & CFO 30.90 4.10 X 174720 0 36498 ARON KURLANDER DIR. BUSINESS SERVICES 30.00 5.00 X 130422 0 12153 EDWIN ROSADO REAL PROPERTY FACILITIES MANAGER 35.00 X 108696 0 18855 MASHEIKA LEWIS DIRECTOR OF OPERATIONS 35.00 X 103339 0 22209 MITCHELL STERNBACH DIR. RESOURCE DEVELOPMENT 35.00 X 128569 0 41783 TIANA LIRIANO DIRECTOR OF REAL ESTATE & PROPERTY MANAGEMENT 35.00 X 109180 0 32459 1282567 0 244712 8 0 1 0 SENTINEL MANAGEMENT GROUP INC 96-59 222ND STREET STE 200 QUEENS VILLAGE NY 11429 SECURITY SYSTEM 211575 SECURITY BY DESIGN 155 SULLIVAN LANE WESTBURY NY 11590 SECURITY SYSTEM 115614 2 366718 544005 910723 PARKING OPERATIONS 812930 4430426 4430426 RENTAL INCOME 532000 1324619 1324619 GOVERNMENT CONTRACTS 900099 854203 854203 INTEREST ON LOANS 900099 127975 127975 MANAGEMENT FEES 900099 95394 95394 6832617 179437 179437 3221073 3619490 -398417 -398417 -398417 34155 366718 81871 -47716 -47716 FDA QUEENS LP 900099 101567 101567 MISCELLANEOUS REVENUE 900099 23762 23762 125329 7601973 6957946 0 -266696 95750 95750 819615 116273 633862 69480 1629357 938758 560190 130409 142863 84608 47494 10761 163348 83650 65527 14171 200557 88853 95031 16673 26980 7336 19644 97634 97634 41517 41517 290683 70588 220095 11378 1949 9429 211591 49759 161424 408 58236 16161 41897 178 2020811 1893002 127809 24415 19578 2906 1931 64480 36475 27976 29 473583 338341 135242 765624 727177 38447 669206 643825 25381 COST OF PARKING OPS 1439368 1439368 SECURITY SERVICES 221642 221378 264 PROGRAM EVENTS 147336 144266 579 2491 BAD DEBT EXPENSE 142567 129175 2392 11000 64693 27968 5363 31362 9823234 7174238 2360103 288893 6804247 4098775 103588 64304 160147 159939 1306941 1314583 9267500 9267500 699833 779208 28828628 15389980 13708883 13438648 7283187 5932890 4082348 3695220 43416674 38751067 1807575 1719166 5716498 5401341 1917053 1806059 5815000 4535000 1200909 1711453 16457035 15173019 X 26859639 23578048 100000 0 26959639 23578048 43416674 38751067 X -2221261 -1124721 -35609 X X 0 1 X 1 1 1 X 470920 632985 587350 427229 910723 3029207 470920 632985 587350 427229 910723 3029207 695418 2333789 53511 186578 161136 99544 132683 633452 145460 268135 195792 229794 159484 998665 4661324 34816098 0.50070 0.64210 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2018 AMOUNT: $ 125,075. 2019 AMOUNT: $ 241,675. 2020 AMOUNT: $ 195,792. 2021 AMOUNT: $ 229,794. 2022 AMOUNT: $ 125,329. FUNDRAISING INCOME - 2018 AMOUNT: $ 20,385. 2019 AMOUNT: $ 26,460. 2022 AMOUNT: $ 34,155. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 9823233 10206099 9823233 10206099 641162 660305 160291 165076 0 0 0 0 651376 560609 593002 660305 2465292 3697938 10000 10000 162844 140152 148251 165076 616323 924485 PART II-A: JAMAICA CAPITAL CORPORATION, EIN# 13-4214984, 90-04 161ST STREET, JAMAICA, NY 11432 GREATER JAMAICA LOCAL DEVELOPMENT COMPANY, INC., EIN# 11-2563026, 90-04 161ST STREET, JAMAICA, NY 11432 2651462 2651462 17737383 8558310 9179073 6940847 5492667 1448180 1498936 1339003 159933 13438648 SECURITY DESPOSITS 27866 LEASING COSTS, NET 94464 DEFERRED DEVELOPMENT COSTS, NET 63897 INVESTMENT IN SUBSIDIARIES 14150 RESTRICTED CASH 2952745 RIGHT OF USE ASSETS 542098 3695220 SECURITY DEPOSITS PAYABLE 211363 DUE TO RELATED ORGANIZATIONS 957992 LEASE LIABILITIES 542098 1711453 X 9153543 -1124721 2635938 1511217 7642326 41518 -81871 -40353 7601973 11596430 1814714 1814714 9781716 41518 41518 9823234 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAIN INCOME TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY'S REVENUE 3,124,324. CONSOLIDATING ELIMINATION -488,386. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE -81,871. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY'S EXPENSES 2,221,229. CONSOLIDATING ELIMINATION -488,386. DIRECT FUNDRAISING EXPENSE 81,871. ANNUAL GALA 400873 366718 34155 78263 1808 1800 400873 366718 34155 78263 1808 1800 81871 -47716 1 GREATER JAMAICA LOCAL DEVELOPMENT CO 90-04 161ST STREET SUITE 704 JAMAICA NY 11432 112563026 501(C)(3) 25000 0 ANNUAL CONTRIBUTION REGIONAL PLAN ASSOCIATION ONE WHITE HALL STREET 16TH FLOOR NEW YORK NY 10004 131624154 501(C)(3) 25000 0 WALKATHON AND HEALTH FAIR 2 PART I, LINE 2: GJDC MONITORS GRANTEES THROUGH DIRECT PERIODIC COMMUNICATION WITH GRANTEE SENIOR LEADERSHIP OR MEMBERSHIP ON GRANTEES BOARD OF DIRECTORS. X X X X 0 0 0 0 0 0 0 0 0 JUSTIN RODGERS PRESIDENT & CEO 292154 0 0 0 3891 0 35594 0 15762 0 347401 0 0 0 TODD S BENENSON ASSISTANT TREASURER & CFO 173532 0 0 0 1188 0 18259 0 18239 0 211218 0 0 0 MITCHELL STERNBACH DIR. RESOURCE DEVELOPMENT 127413 0 0 0 1156 0 12597 0 29186 0 170352 0 0 0 PATRICIA ROBINSON CHIEF ADMINISTRATIVE OFFICER 141750 0 0 0 242 0 9892 0 0 0 151884 0 0 0 PART II, COLUMN B III: FOR JUSTIN RODGERS THE AMOUNT IN THIS COLUMN INCLUDES CONTRIBUTIONS TO 457(B) RETIREMENT PLAN. A NEW YORK CITY IDA 132906040 64971CX33 2004-03-23 9525000 PROPERTY ACQUISITION, CONSTRUCTION AND IMPROVEMENTS 0 1 0 A 9525000 571477 8953523 2005 0 0 1 1 A 1 0 0 0 1 0 0 A 0 0 0 1 1 1 TB BANK 3.000000000000 0 0 0 0 0 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NEW YORK CITY IDA DATE THE REBATE COMPUTATION WAS PERFORMED: 03/23/2023 FORM 990, PART I, LINE 1: GJDC ENVISAGES JAMAICA AS A VITAL AND DIVERSE DOWNTOWN FOR ALL OF THOSE WHO WORK, LIVE, SHOP OR VISIT HERE. WE SEE DOWNTOWN JAMAICA AS A MIXED-INCOME RESIDENTIAL COMMUNITY INCLUDING AFFORDABLE HOUSING. AT ITS CENTER IS A MULTI-MODAL TRANSPORTATION NEXUS, INCLUDING TRAIN, SUBWAY, BUS SERVICE AND CONNECTED TO JFK INTERNATIONAL AIRPORT VIA AIRTRAIN; SUPPORTING OUR COMMERCIAL CORRIDORS. WE SEEK TO ENHANCE DOWNTOWN JAMAICA AS AN ATTRACTIVE PLACE FOR PRIVATE INVESTMENT WHICH WILL ALSO SUPPORT CULTURAL ACTIVITIES AND AMENITIES THAT ENHANCE THE QUALITY-OF-LIFE FOR ITS CITIZENS. FORM 990, PART III, LINE 1: GREATER JAMAICA DEVELOPMENT CORPORATION ("GJDC") IS A COMMUNITY-BUILDING ORGANIZATION THAT PLANS, PROMOTES, COORDINATES AND ADVANCES RESPONSIBLE DEVELOPMENT TO REVITALIZE DOWNTOWN JAMAICA. MARSHALLING ITS OWN RESOURCES AS WELL AS THOSE OF THE PUBLIC, PRIVATE AND NOT-FOR-PROFIT SECTORS, THE CORPORATION'S FOCUS IS TO EXPAND ECONOMIC OPPORTUNITY AND IMPROVE THE QUALITY OF LIFE FOR THE ETHNICALLY AND ECONOMICALLY DIVERSE RESIDENTS OF JAMAICA. GJDC LEVERAGES ITS SUBSTANTIAL CAPACITY TO ASSIST OTHER MISSION-BASED ORGANIZATIONS IN SOUTHEAST QUEENS TO INCREASE THEIR EFFECTIVENESS. FORM 990, PART III, LINE 4A: EFFECTIVE PARKING TO CATALYZE ECONOMIC GROWTH WITH A LARGE DRIVING POPULATION, THE ECONOMIC VITALITY OF DOWNTOWN JAMAICA IS UNDERPINNED BY CAR-BASED TRANSPORTATION - AS LOCAL RESIDENTS AND WORKERS RELY ON VEHICLES TO GET TO AND FROM WORK, HOME, SHOPPING, SCHOOL AND CULTURAL VENUES. TO ADDRESS THIS BASIC NEED, GJDC PROVIDES AUGMENTED, BELOW-MARKET PARKING TO SUPPORT AND BOLSTER ECONOMIC ACTIVITY DOWNTOWN. JAMAICA FIRST PARKING, LLC ("JFP"), A WHOLLY OWNED SUBSIDIARY OF GJDC, OWNS AND OPERATES PARKING IN THE DOWNTOWN IN ORDER IMPROVE TRANSPORTATION, SUPPORT LOCAL ECONOMIC ACTIVITY AND DEVELOPMENT. AS THE NONPROFIT OWNER OF FOUR PARKING FACILITIES WITH APPROXIMATELY 1,800 SPACES IN THE DOWNTOWN, JFP PROVIDES SAFE, ATTRACTIVE, AFFORDABLY PRICED PARKING TO SUPPORT ECONOMIC AND CULTURAL ACTIVITY IN JAMAICA. FORM 990, PART III, LINE 4B: JAMAICA MARKET SINCE ITS OPENING IN 1990, THE JAMAICA MARKET HAS ESTABLISHED ITSELF AS A COMMUNITY MEETING PLACE OFFERING AN ECLECTIC ARRAY OF AFFORDABLE CULINARY CHOICES - FROM SALADS AND SANDWICHES TO JUICES AND ETHNIC FOODS FROM ASIA, LATIN AMERICA, AND THE CARIBBEAN ALL IN A CONVENIENT LOCATION. OVER THE YEARS, THE MARKET HAS HELPED MANY CREATIVE AND AMBITIOUS ENTREPRENEURS START BUSINESSES IN A COMMERCIAL CORRIDOR WHERE IT MIGHT OTHERWISE BE TOO EXPENSIVE FOR THEM TO OPEN SHOP; THERE ARE CURRENTLY OVER 20 SHOPS SELLING HOT FOOD, NEWS, COFFEE, MAGAZINES, FLOWERS, COSMETICS, JEWELRY, HAIR PRODUCTS AND MORE. IN ADDITION, THE HARVEST ROOM IS LOCATED IN THE JAMAICA MARKET. AS ONE OF THE ONLY OFFERINGS OF ITS KIND IN DOWNTOWN JAMAICA THE HARVEST ROOM SERVES AS A LARGE SCALE EVENT SPACE THAT GJDC OFFERS FOR COMMUNITY CONVENING PURPOSES. ABLE TO ACCOMMODATE UP TO 150 GUESTS, THE LOCAL COMMUNITY USES THE HARVEST ROOM FOR A WIDE VARIETY OF FAMILY, SOCIAL, AND BUSINESS EVENTS. NOT ONLY CAN THE VENUE BE RENTED FOR AFFORDABLE RATES, GJDC ALSO PROVIDES THE SPACE IN-KIND FOR CERTAIN COMMUNITY EVENTS. GREATER NEXUS GREATER NEXUS IS A LEADING COWORKING SPACE AND ENTREPRENEURSHIP HUB BASED IN NEW YORK. IT IS DOWNTOWN JAMAICA'S FIRST ACCESSIBLE AND AFFORDABLE COWORKING SPACE OFFERING FLEXIBLE TERMS TO THE MOSTLY MINORITY SMALL BUSINESS COMMUNITY. WITH OVER 10,000 SQUARE FEET OF SHARED SPACE, STATE-OF-THE-ART AUDIO-VISUAL EQUIPMENT, WELLNESS ROOMS, SOUNDPROOF PHONE BOOTHS, AND COMPARABLE AMENITIES TO ANY MODERN MANHATTAN OFFICE SPACE, OUR CO-WORKING FACILITY PROMISES TO BE A MAGNET FOR INNOVATIVE ENTREPRENEURSHIP. OPENED DURING THE SUMMER OF 2022, GREATER NEXUS PRIDES ITSELF ON TAKING A HOSPITALITY-FIRST APPROACH TO OUR SPACE FROM OUR DESIGN, TO OUR STAFF, AND TECHNOLOGY, WE ARE ALWAYS PUTTING OUR MEMBERS' EXPERIENCE FIRST. WE PRIDE OURSELVES ON CREATING A CULTURE THAT UNDERSTANDS THE NEEDS OF THE BUSINESS AND COMMUNITY, BY PROVIDING SOLUTIONS THROUGH DIVERSE-INDUSTRY EDUCATIONAL PROGRAMING, PROFESSIONAL NETWORKING EVENTS AND MENTORING OPPORTUNITIES. GREATER NEXUS WANTS TO SUPPORT THE SMALL BUSINESSES AND ENTREPRENEURS TO WORK IN AN INNOVATIVE, TECH DRIVEN SPACE THAT INSPIRES INNOVATION, CROSS COLLABORATION OF VARIOUS BUSINESS TO SUPPORT NEW BUSINESS OPPORTUNITIES, AND AN ENVIRONMENT OF TECHNICAL RESOURCES. THIS LEVEL OF COMMUNITY EXPERTISE AND ACCESS TO RESOURCES IS A UNIQUE AND CRITICAL ASPECT OF THE FACILITY. MEMBERS WILL GAIN ACCESS TO A WIDE SPECTRUM OF HIGH-LEVEL BUSINESS RESOURCES TO HELP EXPAND BUSINESS KNOWLEDGE AND PERSONAL DEVELOPMENT THROUGH OUR SMALL BUSINESS INITIATIVE. GREATER NEXUS' SMALL BUSINESS INITIATIVE WILL PROVIDE UP TO 15 LOCAL BUSINESSES/ENTREPRENEURS WITH THE OPPORTUNITY TO WORK OUT OF THE COWORKING SPACE FOR A ONE-MONTH SPAN. BUSINESSES THAT ARE SELECTED FOR THIS OPPORTUNITY WILL HAVE FULL ACCESS TO OUR SPACE, AND THE OPPORTUNITY TO ENGAGE WITH A VARIETY OF BUSINESS SECTORS WITHIN THE SPACE. IN ADDITION, WE CURATE AND PROVIDE RESOURCES FOR THE COMMUNITY AROUND FINANCIAL LITERACY, CIVIC ENGAGEMENT, AND THE OPPORTUNITY TO HAVE ONE ON ONE MEETINGS TO LEARN ABOUT AND GAIN ACCESS TO THE MULTITUDE OF RESOURCES OFFERED THROUGH OUR BUSINESS SERVICES GROUP. GREATER NEXUS ALSO HOSTS A NUMBER OF PROGRAMS THAT ARE OFFERED TO THE COMMUNITY IN THE SECTORS OF CIVIC ENGAGEMENT, FINANCIAL LITERACY, ACADEMIC ENRICHMENT/EDUCATION, WORKFORCE DEVELOPMENT, TECHNOLOGY AND MORE. FORM 990. PART III, LINE 4C: FACILITATING AFFORDABLE HOUSING DEVELOPMENT IN RESPONSE TO RESOUNDING DEMAND FOR AFFORDABLE HOUSING AND NEW RETAIL BY THE JAMAICA COMMUNITY, GJDC HAS WORKED CLOSELY WITH PRIVATE DEVELOPERS TO HELP FACILITATE THE CONSTRUCTION OF MORE MIXED-USE, AFFORDABLE BUILDINGS IN DOWNTOWN JAMAICA. EVENTS AND PROGRAMMING IN ORDER TO HELP CONNECT RESIDENTS TO THEIR NEIGHBORHOOD, GJDC SPONSORS SEVERAL EVENTS THROUGHOUT THE YEAR, INCLUDING A WOMEN'S HISTORY MONTH CELEBRATION IN MARCH, A LEGISLATIVE COCKTAIL HOUR IN MAY AND A 5K WALK/RUN IN THE FALL. IMPROVING INFRASTRUCTURE AND ACCESS GJDC HAS PLAYED A KEY ROLE IN ADVOCATING FOR AND SECURING FUNDING FOR VARIOUS, LARGE-SCALE TRANSPORTATION IMPROVEMENT PROJECTS IN THE DOWNTOWN. THESE PROJECTS AIM TO INCREASE PEDESTRIAN ACCESS AND SAFETY, IMPROVE TRAFFIC FLOW, ACCOMMODATE INCREASED BUS VOLUMES, CREATE NEW PUBLIC OPEN SPACE AND SUPPORT ECONOMIC REVITALIZATION. FORM 990, PART III, LINE 4D: BUSINESS SERVICES GJDC'S BUSINESS SERVICES GROUP (BSG) PROVIDES DIRECT SERVICES TO LOCAL BUSINESSES WITH A PARTICULAR FOCUS ON INDUSTRIAL AND MINORITY AND WOMEN OWNED BUSINESSES IN THE AREA. BSG MONITORS AND REPORTS TO THE CITY ON GENERAL BUSINESS NEEDS IN CITY-DESIGNATED INDUSTRIAL BUSINESS ZONES. IT ALSO MONITORS INFRASTRUCTURE NEEDS IN THESE AREAS AND RECOMMENDS IMPROVEMENTS. IT PROVIDES ASSISTANCE TO INDUSTRIAL BUSINESSES IN THE AREAS OF FINANCING; ACCESS TO INCENTIVES AND BENEFITS FOR BUSINESSES AND NAVIGATING GOVERNMENT. RECOGNIZING THE NEED FOR URGENT ACTION IN RESPONSE TO THE COVID CRISIS, GJDC AND ITS AFFILIATE GJLDC, SIGNIFICANTLY INCREASED EMPHASIS ON PROVIDING OUR FREE SUITE OF TECHNICAL ASSISTANCE TO SMALL BUSINESSES IN OUR SERVICE GEOGRAPHY, WITH A SPECIAL FOCUS ON MWBE'S. SPECIFICALLY IN 2018 AND 2019, WE PROVIDED SERVICE ASSISTANCE (THROUGH CANVASSING, COMMUNITY ENGAGEMENT EVENTS AND ONE-ON-ONE ASSISTANCE TO ABOUT 500 ENTITIES PER YEAR). BY CONTRAST, IN 2021 AS A RESULT OF COVID'S IMPACT ON SMALL BUSINESSES, WE PROVIDED DIRECT ASSISTANCE TO 1189 BUSINESSES. OUR SERVICES RESULTED IN BUSINESS FUNDING AND/OR GRANTS SECURED OF $5,076,722. THROUGHOUT THE PANDEMIC, WE PARTNERED WITH FEDERAL, STATE, AND LOCAL GOVERNMENTAL UNITS TO PROVIDE FOCUSED ASSISTANCE AND GUIDANCE ON ACCESS TO NEWLY AVAILABLE BUSINESS RESOURCES. THIS DEDICATION CONTINUED IN 2022 AS OUR SERVICE GEOGRAPHY OF MOSTLY MINORITY OWNED ENTITIES RECOVERED IN VERY SLOW FASHION FROM PANDEMIC RESTRICTIONS. THESE BUSINESSES REQUIRE SPECIAL ATTENTION SINCE THEY TYPICALLY DID NOT HAVE ADEQUATE CASH RESERVES, LACKED ACCESS TO EXPERTISE, AND COULD NOT MOVE THEIR BUSINESSES ONLINE DURING THE LOCKDOWNS. PART V, LINE 1A: THIS NUMBER INCLUDES 1 FORM FROM DISREGARDED ENTITY JAMAICA FIRST PARKING, LLC, EIN#11-3574176, AND 2 FROM GJDC REALTY LLC, EIN#83-0566900. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED AND APPROVED BY THE AUDIT COMMITTEE AND THEN DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE POLICY AND DISCLOSURE FORM IS DISTRIBUTED TO BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES TO BE SIGNED. STAFF FOLLOWS UP TO ENSURE THE RECEIPT OF THE FORMS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO, AND OTHER OFFICERS: 1) COMPENSATION COMMITTEE, 2) FORM 990 OF OTHER ORGANIZATIONS, 3) COMPENSATION SURVEY OR STUDY, 4) APPROVAL BY THE EXECUTIVE COMMITTEE OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A, COLUMN B: AVERAGE HOURS PER WEEK: THE AVERAGE HOURS PER WEEK REPORTED FOR THE OFFICERS LISTED BELOW OF 35 HOURS REPRESENTS THE TOTAL HOURS WORKED PER WEEK FOR SUCH INDIVIDUALS FOR GJDC AND ALL RELATED ORGANIZATIONS. THE ALLOCATION OF TIME FOR SUCH OFFICERS BETWEEN GJDC AND ITS RELATED ORGANIZATIONS IS AS FOLLOWS: JUSTIN RODGERS GJDC (100%) TODD S. BENENSON GJDC (100%) PATRICIA ROBINSON GJDC (100%) BLONDEL PINNOCK GJDC (100%) CAROLINE FORBES GJDC (100%) FORM 990, PART XI, LINE 9: TRANSFER OF EXCESS REVENUE FROM 501(C)(2) ORG. TO 501(C)(3) PARENT -35,609. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEAR. 93-43 SUTPHIN LLC 90-04 161ST STREET JAMAICA NY 11432 201516938 INACTIVE NY GREATER JAMAICA DEVELOPMENT CORPORATION JAMAICA FIRST PARKING LLC 90-04 161ST STREET JAMAICA NY 11432 113574176 PUBLIC PKG FACILITIES DE GREATER JAMAICA DEVELOPMENT CORPORATION SUTPHIN UNDERPASS LLC 90-04 161ST STREET JAMAICA NY 11432 INACTIVE NY GREATER JAMAICA DEVELOPMENT CORPORATION GJDC REALTY LLC 90-04 161ST STREET JAMAICA NY 11432 830566900 MAINTAIN A COWORKING FACILITY NY GREATER JAMAICA DEVELOPMENT CORPORATION GJDC REALTY 2 LLC 90-04 161ST STREET JAMAICA NY 11432 844071667 INACTIVE NY GREATER JAMAICA DEVELOPMENT CORPORATION JAMAICA CAPITAL CORPORATION 90-04 161ST STREET JAMAICA NY 11432 134214984 REAL ESTATE DE 501(C)(3) LINE 12A TYPE 1 GREATER JAMAICA DEVELOPMENT CORPORATION 1 GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC 90-04 161ST STREET JAMAICA NY 11432 112563026 SMALL BUS. LENDING NY 501(C)(3) LINE 7 GREATER JAMAICA DEVELOPMENT CORPORATION 1 JAMAICA CENTER HOLDING COMPANY INC 90-04 161ST STREET JAMAICA NY 11432 112746656 REAL EST. HLDG CO. NY 501(C)(2) N/A GREATER JAMAICA DEVELOPMENT CORPORATION 1 NEXUS JAMAICA NY QALICB INC 90-04 161ST STREET JAMAICA NY 11432 872037628 COMM. ECO. DEVEL. NY 501(C)(3) LINE 12A TYPE 1 GREATER JAMAICA DEVELOPMENT CORPORATION 1 SUTPHIN RETAIL ONE LLC 90-04 161ST STREET JAMAICA NY 11432 201516814 REAL ESTATE NY N/A 0 0 SUTPHIN RETAIL TWO LLC 90-04 161ST STREET JAMAICA NY 11432 201416895 REAL ESTATE NY N/A 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 1 1 0 1 0 0 JAMAICA CENTER HOLDING COMPANY L 95395 ALLOCATED EXPENSES JAMAICA CENTER HOLDING COMPANY K 117840 ALLOCATED EXPENSES GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC 90-04 161ST STREET SUITE 704 JAMAICA NY 11432 112563026 X 0 0 0 381346 381346 76269 19067 0 0 0 JAMAICA CAPITAL CORPORATION 90-04 161ST STREET SUITE 704 JAMAICA NY 11432 134214984 X 0 0 0 1520 1520 304 76 0 0 0