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Flatbush Development Corporation
Community Development · Brooklyn, New York
1616 Newkirk Ave, Brooklyn, NY 11226-6612
EIN: 510188251· Founded: May 1976· 50 years active· Filing Year: 2023
Annual Revenue
$4.6M
Total Expenses
$4.8M
Total Assets
$2.4M
Program Spending
0%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$115K
2.4% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$2.8M
Total Payroll
$2.9M
60% of total expenses
Where the Money Goes
0%
Programs: 0%
Payroll: 60%
Other overhead: 100%
0
Total Expenses$4.8M (100%)
Payroll$2.9M (60%)
Overhead (non-program)100%
Trust Score Breakdown
Program Spending Ratio
0% of expenses go to programs
Revenue & Stability
$4.6M annual revenue
Executive Compensation
$115K total officer comp (2.4% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$2.4M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.