2025-05-15T13:36:12-07:00 2024-06-30 261726741 WatsonRice LLP 31 West 34th Street 7006 New York NY 10001 990 2023-07-01 116083182 Bedford Stuyvesant Restoration Corporation BEDF 7186366900 1368 Fulton Street Brooklyn NY 11216 Blondel A Pinnock President & CEO 2025-05-15 true true Baruti Bediako CPA P00740658 2124477300 2023 2025-03-06 01:10:19Z Francila Carlson 1368 Fulton Street Brooklyn NY 11216 10690398 false X www.restorationplaza.org X 1967 NY See Organization's Mission on Schedule O. 15 14 208 7 0 8815712 7217576 1552306 1613548 153941 153954 -869221 -653065 9652738 8332013 0 0 8328122 7737030 80000 70000 70000 4368231 3914998 12776353 11722028 -3123615 -3390015 62952981 58540588 37258404 36235698 25694577 22304890 X The nation's first community development organization, partners with community residents, leaders and businesses to improve the quality of life of Central Brooklyn by fostering economic self suffiency, enhancing family stability and growth, promoting arts and culture and transforming the community into a safe, vibrant place to live, work and visit. false false 4755082 Workforce and Economic Development - Through its workforce development initiative the organization is able to provide a continuum of job preparedness and placement services to assist Community residents to enter or re-enter the workplace. Additionally, the organization is partnering with community businesses and leaders in providing services that foster a clean, safe and vibrant business district in Bedford Stuyvesant and Central Brooklyn. 2044753 COMMERCIAL REVITALIZATION - The organization is engaged in facilitating the expansion and enhancement of business in underserved communities to combat urban decay and to create jobs and business opportunities. 1205878 Weatherization Assistance and Energy Conservation - Through this program the organization has been weatherizing resdential units of low income and elderly tenants to reduce fuel consumption and conserve energy for nearly thirty years. In addition to the reduction in energy consumption the program provides an economic benefit to community- based contractors and sellers of construction material. 453436 8459149 true true false false false false false false true false true false false false true false false false false false false false false true true false false false false true false false false false false false false false false false false false true true true true false false true 52 0 true 208 true false false false false false false false 0 false false false false false false false X 15 14 true false false false false false false true true false false true true true true true true true true false NY X Marrolin Beauzile 7186366900 1368 Fulton Street Brooklyn NY 11216 Blondel Pinnock President 35.00 0.00 X 289360 0 29013 Francila Carlson Exec. VP/CFAO 35.00 1.00 X 288602 0 13850 Renee Jenkins Exec. VP 35.00 0.00 176738 0 15831 Tracey Capers Exec. VP 35.00 0.00 151419 0 4500 Takisia Whites Executive VP 35.00 0.00 105034 0 32830 Kevin G Chavers Chairman 1.00 1.00 X X 0 0 0 Erika Irish Brown Vice Chair 1.00 1.00 X X 0 0 0 Timothy L Simmons Secretary 1.00 1.00 X X 0 0 0 Marisha L Clinton CPA Treasurer 1.00 1.00 X X 0 0 0 Lenue H Singletary III Member 1.00 1.00 X 0 0 0 Binta Vann Member 1.00 1.00 X 0 0 0 Cameron Arrington Member 1.00 1.00 X 0 0 0 Eric Eve Member 1.00 1.00 X 0 0 0 David Ehrenberg Member 1.00 1.00 X 0 0 0 Shawn Austin Member 1.00 1.00 X 0 0 0 Lindsay Greene Member 1.00 1.00 X 0 0 0 Depelsha Thomas McGruder Member 1.00 1.00 X 0 0 0 Joseph Lynch Esq Member 1.00 1.00 X 0 0 0 Dr Wayne Riley Member 1.00 1.00 X 0 0 0 Peter M Williams Member 1.00 0.00 X 0 0 0 1011153 96024 5 false true false Real Windows LLC 1 Ashel Lane Monsey NY 10952 Sub-Constractor 341685 Totem Group LLC 634 Dean Street Brooklyn NY 11238 Project Management 245000 Lynch Pinnacle Group LLC 3 Bethesda Metro Center Suite 430 Bethesda MD 20814 Fundraising & Development 138064 3 125850 3801913 3289813 7217576 Administrative Fees 561000 1011378 1011378 Developer Fees 900099 247020 247020 OTHER PROGRAM REVENUE 900099 155150 155150 Rental Income 531190 200000 200000 1613548 153954 153954 0 0 1349053 2192363 -843310 -843310 -843310 0 163658 125850 166022 -2364 -2364 0 0 OTHER 900099 192609 192609 192609 8332013 962847 151590 0 0 0 0 1452938 705170 747768 0 5120808 3552570 1568238 0 771543 522340 249203 391741 271771 119970 0 82184 82184 107412 94100 13312 0 70000 70000 0 509099 303039 206060 24122 21197 2925 283828 233903 49925 0 0 539674 510989 28685 22073 20423 1650 0 0 524283 524283 0 434523 427186 7337 284226 233248 50978 Other Expense 590556 590556 Construction Cost 297332 297332 Repairs and Maintenance 159850 101684 58166 Meals 27210 24718 2492 28626 24640 3986 11722028 8459149 3192879 70000 910334 1213981 0 3183348 2344481 536853 247069 0 0 30388361 29544622 0 42905 0 46874657 24170731 23584840 22703926 0 0 0 0 4306340 2486509 62952981 58540588 4706118 5962307 2042296 2214260 123350 95521 27440933 26864645 2945707 1098965 37258404 36235698 X 25694577 22304890 25694577 22304890 62952981 58540588 -3390015 328 X false false false X 8362528 9392061 8916690 8815712 7217576 42704567 0 0 8362528 9392061 8916690 8815712 7217576 42704567 0 42704567 2380701 1739675 2085896 1772526 1503007 9481805 0 0 52186372 7295299 0.81830 0.80110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true 1915902 1915902 37074644 18829435 18245209 988953 676293 312660 6459138 4665003 1794135 436020 436020 22703926 Deferred Compensation Liability 118734 Operating Lease liability 26831 Other Liabilities 953400 1098965 X X X X X X X true Dwight Johnson 276 Fifth Ave New York NY 10001 Annual Gala/10K Run true 289508 70000 219508 289508 70000 219508 NY Annual Gala 275450 125000 150450 25000 135337 10K Run 14058 850 13208 5500 185 289508 125850 163658 25000 5500 135522 166022 -2364 X X X X X X false false false false false false false false false Blondel Pinnock President 289360 29013 318373 Francila Carlson Exec. VP/CFAO 288602 13850 302452 Renee Jenkins Exec. VP 176738 15831 192569 Tracey Capers Exec. VP 151419 4500 155919 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: COMMERCIAL REVITALIZATION - The organization is engaged in facilitating the expansion and enhancement of business in underserved communities to combat urban decay and to create jobs and business opportunities. Form 990, Part VI, Section B, Line 11b The completed form 990 is presented to the governing body as well as the Executive Vice President/Chief Financial and Administrative Officer to ensure accuracy, completeness and consistency of information reported on the Form 990 and the audited financial statements. It is then reviewed by the President and the Audit Committee before it is filed. Form 990, Part VI, Section B, Line 12c The conflict of interest policy is addressed at the board meetings. Management ensures that conflict of interest is addressed at the annual board meeting and that conflict of interest statements are signed annually by each board member. Form 990, Part VI, Section B, Line 15b The Executive Committee of the Board appoints a Compensation Committee, which consists of independent directors. The Compensation Committee obtains published comparability data, consults with outside counsel and then recommends a compensation package to the Executive Committee which then authorizes outside counsel to negotiate a written contract with the CEO. The written contract reflects the decision of the Executive Committee on behalf of the Board of Directors.Compensation for the officers are negotiated by CEO after reviewing comparable data. Form 990, Part VI, Section C, Line 19 The organization makes its governing documents, conflict of interest, and financial statement available to the general public upon request. BSRC Venture Properties LLC 1560 Fulton Street Brooklyn NY 11217 Rental Real Estate NY 200000 16844676 Bedford Stuyvesant Restoration Corp RDC Commercial Center Inc 1368 Fulton Street Brooklyn NY 11216 112249649 Develop & operate commerical/retail facilities NY 501(c)(3) 11, Type 1 Bedford Stuyvesant Restoration Corp true Sheffield Rehabilitation Corporation 1368 Fulton Street Brooklyn NY 11216 112236068 Construction / Management NY 501(c)(3) 7 Bedford Stuyvesant Restoration Corp true BSR Housing Development Fund Inc 1368 Fulton Street Brooklyn NY 11216 112249289 Creation & Maintenance of Affordable Housing NY 501(c)(3) 7 Bedford Stuyvesant Restoration Corp true Restore Housing Development Fund Corp 1368 Fulton Street Brooklyn NY 11216 237191990 Creation/Maintenance of Affordable Housing NY 501(c)(3) 7 Bedford Stuyvesant Restoration Corp true Greene Avenue Housing Development Fund C 1368 Fulton Street Brooklyn NY 11216 112468657 LOW INCOME HOUSING NY 501(c)(3) 7 Bedford Stuyvesant Restoration Corp true 1921-25 Fulton Street Housing Developmen 1368 Fulton Street Brooklyn NY 11216 113098194 Creation & Maintenance of Affordable Housing NY 501(c)(3) 7 Bedford Stuyvesant Restoration Corp true BSRC Neighborhood Home HDFC 1368 Fulton Street Brooklyn NY 11216 760703840 Development of Affordable Housing NY Applied fo Applied for Bedford Stuyvesant Restoration Corp true Restoration Capital Fund Inc 1368 Fulton Street Brooklyn NY 11216 113458791 Promote economic development NY 501(c)(3) 7 Bedford Stuyvesant Restoration Corp true RDC of Bedford Stuyvesant Inc 1368 Fulton Street Brooklyn NY 11216 112242720 Developer NY Bedford Stuyvesant R C Corp 1.00000 true CDR Management Corporation 1368 Fulton Street Brooklyn NY 11216 113138642 Managing Agent NY Bedford Stuyvesant R C CORP. 1.00000 true The Platinum Factory Inc 1368 Fulton Street Brooklyn NY 11216 113186969 Recording Studio NY Bedford Stuyvesant R C CORP 1.00000 true Restoration Supermarket Corp 1368 Fulton Street Brooklyn NY 11216 112491093 Supermarket NY Bedford Stuyvesant R C CORP. 1.00000 true 4R Brooklyn Inc 1368 Fulton Street Brooklyn NY 11216 273711333 CONSTRUCTION NY Bedford Stuyvesant R C Corp 1.00000 true false false false false false false false false false false false false false false false false false false false