2024-10-01T10:16:45-07:00 2023-09-30 202747426 RICH AND BANDER LLP 79 Madison Avenue 2nd Floor New York NY 10016 990 2022-10-01 261410513 GROW BROOKLYN INC GROW 7184188232 1474 MYRTLE AVENUE BROOKLYN NY 11237 MAKEELA BRATHWAITE EXECUTIVE DIRECTOR 7184188232 2024-10-01 true true JONATHAN A BANDER P00561220 2126842470 X 2022 2024-10-15 13:58:12Z X MAKEELA BRATHWAITE 1474 MYRTLE AVENUE BROOKLYN NY 11237 1516335 false X HTTP://WWW.GROWBROOKLYN.ORG/ X 2007 NY GROW BROOKLYN IS A BROOKLYN BASED NON-PROFIT ORGANIZATION WHOSE MISSION IS TO ENABLE MEMBERS OF ITS COMMUNITY TO PRESERVE AND GROW THEIR ASSETS, THEREBY SECURING THEIR ECONOMIC FUTURE. 5 5 72 36 0 0 1310570 1510314 2925 5600 1481 0 7725 421 1322701 1516335 0 0 945740 1105394 0 0 231760 236749 1177500 1342143 145201 174192 920156 2216745 389091 1511488 531065 705257 GROW BROOKLYN IS A BROOKLYN BASED NON-PROFIT ORGANIZATION WHOSE MISSION IS TO ENABLE MEMBERS OF ITS COMMUNITY TO PRESERVE AND GROW THEIR ASSETS, THEREBY SECURING THEIR ECONOMIC FUTURE. false false 888632 0 0 GROW BROOKLYN HAS PARTNERED WITH THE IRS FOR THE PAST 12 YEARS TO PROVIDE HIGH-QUALITY, FREE TAX PREPARATION SERVICES TO LOW-INCOME INDIVIDUALS. AS ONE OF THE TOP 50 VOLUNTEER INCOME TAX ASSISTANCE (VITA) PROVIDERS IN THE COUNTRY, GROW BROOKLYN IS THE LARGEST NON- COMMERCIAL TAX PREPARER IN BROOKLYN. EACH YEAR, WE PREPARE OVER 8,000 TAX RETURNS, WITH APPROXIMATELY ONE-THIRD OF THESE RETURNS CLAIMING THE EARNED INCOME CREDIT (EIC), DIRECTLY BENEFITING FAMILIES IN NEED. ADDITIONALLY, ONE-QUARTER OF OUR TAX CLIENTS ARE ELIGIBLE FOR AND RECEIVE THE CHILD TAX CREDIT (CTC), PROVIDING CRUCIAL SUPPORT TO WORKING FAMILIES. WE ARE ALSO DEEPLY COMMITTED TO SERVING SELF-EMPLOYED INDIVIDUALS, THROUGH THE IRS SE PILOT AND THE NYS DEPARTMENT OF CONSUMER & WORKER PROTECTIONS SELF EMPLOYMENT TAX PREP SERVICES, WHICH SERVES APPROXIMATELY 500 CLIENTS ANNUALLY, MANY OF WHOM ARE ITIN HOLDERS. OUR COMMITMENT TO FINANCIAL EMPOWERMENT EXTENDS BEYOND TAX SEASON, AS WE OFFER YEAR-ROUND SUPPORT AND RESOURCES TO HELP INDIVIDUALS MAXIMIZE THEIR REFUNDS, IMPROVE FINANCIAL LITERACY, AND ACCESS ADDITIONAL PUBLIC BENEFITS. THROUGH THESE EFFORTS, GROW BROOKLYN PLAYS A VITAL ROLE IN HELPING TO LIFT THOUSANDS OF NEW YORKERS OUT OF POVERTY AND INTO FINANCIAL STABILITY. 438379 0 0 GROW BROOKLYN PROVIDES FREE LEGAL SERVICES TO SUPPORT HOUSING STABILITY IN NEW YORK CITY'S MOST IMPACTED NEIGHBORHOODS. OUR COMPREHENSIVE FORECLOSURE PREVENTION COUNSELING AND ESTATE PLANNING SERVICES ARE DESIGNED TO ADDRESS THE UNIQUE CHALLENGES FACED BY THESE COMMUNITIES. EACH YEAR, OUR FORECLOSURE PREVENTION PROGRAM ASSISTS APPROXIMATELY 300 HOMEOWNERS, HELPING MANY TO SUCCESSFULLY MODIFY THEIR MORTGAGES AND REMAIN IN THEIR HOMES. RECOGNIZING THAT 10-15% OF OUR CLIENTS FACING FORECLOSURE ALSO CONTEND WITH ESTATE ISSUES, GROW BROOKLYN OFFERS A TARGETED ESTATE PLANNING PROGRAM CALLED 'PROTECT YOUR TREASURE.' THIS INITIATIVE EMPOWERS INDIVIDUALS AND FAMILIES IN LOW-INCOME COMMUNITIES TO PRESERVE THEIR FINANCIAL ASSETS, INCLUDING THEIR HOMES, BY PROVIDING ESTATE PLANNING, ESTATE ADMINISTRATION ADVICE, AND LIMITED LEGAL SERVICES IN CONJUNCTION WITH OUR FORECLOSURE PREVENTION EFFORTS. 1327011 true true false false false false false false false false true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 72 true false false false false false false false false false false X 5 5 false false false false true true false true true false false true true true true true true false false false NY X X MAKEELA BRATHWAITE 7184188232 1474 MYRTLE AVE BROOKLYN NY 11237 NNENNE OKORAFOR SECRETARY 1.00 X 0 0 0 DARREN LIDDELL TREASURER 1.00 X 0 0 0 AISSATOU BARRY CHAIR 1.00 X X 0 0 0 SAMIRA RAJAN BCOOP LIAISON 1.00 X 0 146484 0 SETH NARINE MEMBER 1.00 X 0 0 0 MAKEELA BRATHWAITE EXECUTIVE DIRECTOR 40.00 X 85172 0 0 85172 146484 0 false false false 1314294 196020 1510314 PROGRAM SERVICE FEES 900099 5600 0 0 5600 FISCAL SPONSORSHIP FEES 900099 315 315 0 0 106 106 0 0 421 1516335 6021 0 0 82246 82246 0 0 914490 914490 0 0 9160 9160 0 0 14882 14882 0 0 84616 84616 0 0 22125 21461 664 0 11058 7430 3628 0 6659 6659 0 0 26621 26327 294 0 66034 66034 0 0 6549 6171 378 0 3060 3060 0 0 12641 5921 6720 0 SUPPLIES 25531 25221 310 0 PAYROLL PROCESSING FEES 17745 17745 0 0 SOFTWARE AND SUBSCRIPTIONS 28858 28504 354 0 MISCELLANEOUS 9868 7084 2784 0 1342143 1327011 15132 0 215076 302012 250000 0 448960 1911673 20252 17192 6120 3060 920156 2216745 7692 12072 1419416 381399 80000 389091 1511488 X 196206 705257 334859 0 531065 705257 920156 2216745 174192 X false true X true false X 0 859360 1117331 1077332 1310570 1510307 5874900 0 0 859360 1117331 1077332 1310570 1510307 5874900 10159 5864741 0 33 195 1481 106 1815 0 0 5876715 26811 0.99800 0.99970 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 20252 17192 3060 3060 Grant Advance 0 Fiscal sponsorship 80000 80000 X 1516335 1516335 1516335 1342143 1342143 1342143 Pt X, Line 2 THE ORGANIZATION HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2022, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. Other FORM 990, PART III, LINE 4D - OTHER PROGRAM SERVICES DESCRIPTION Other FINANCIAL CAPABILITY COACHING, A PROGRAM THAT MEASURES SPECIFIC OUTCOMES FOR INDIVIDUALS IN THE CONTEXT OF CREATING SUSTAINABLE BUDGETS, BUILDING CREDIT HISTORY, AND ESTABLISHING SAVING OVER TIME. Other HOME OWNERSHIP COUNSELING WORKSHOPS WILL LEAD FIRST-TIME HOMEBUYERS THROUGH A PROCESS OF BUYING A HOME. GUEST SPEAKERS COME AND SPEAK ABOUT THE PROCESS AND ALLOW HOME BUYERS TO ASK QUESTIONS. Pt VI, Line 6 MEMBERS ARE COMPRISED SOLELY OF THE DIRECTORS OF BROOKLYN COOPERATIVE FEDERAL CREDIT UNION. Pt VI, Line 7a MEMBERS MAY ELECT INDIVIDUALS TO SERVE ON THE ORGANIZATION'S BOARD. Pt VI, Line 11b A DRAFT OF FORM 990 IS PROVIDED TO ALL DIRECTORS. ANY AND ALL QUESTIONS WERE ADDRESSED AND THEREAFTER, THE RETURN WAS FILED. Pt VI, Line 12c ALL KEY EMPLOYEES, DIRECTORS AND OFFICERS PROVIDE AN UPDATE TO THE ORGANIZATION FOR ANY POTENTIAL CONFLICTS WHICH ARE REVIEWED BY AND DISCUSSED WITH THE BOARD TO DETERMINE IF ANY ACTUAL CONFLICTS EXIST. Pt VI, Line 18 FEDERAL FORMS 990 AND 1023, AS WELL AS OTHER RELEVANT ORGANIZATION INFORMATION ARE AVAILABLE BY REQUEST FROM GUIDESTAR. Pt VI, Line 19 FINANCIAL STATEMENTS, FEDERAL FORMS 990 AND 1023, AS WELL AS OTHER RELEVANT ORGANIZATION INFORMATION ARE AVAILABLE BY REQUEST FROM GUIDESTAR. BROOKLYN COOPERATIVE FEDERAL CREDIT UNION 1474 MYRTLE AVENUE BROOKLYN NY 11237 113570814 CREDIT UNION NY 501 (C)1 NA false false false false false false false false false false false false true true false false false false false false Brooklyn Cooperative Federal Credit Union m FMV Brooklyn Cooperative Federal Credit Union l FMV