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BROOKLYN CHAMBER OF COMMERCE INC

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Public IRS 990 nonprofit record

BROOKLYN CHAMBER OF COMMERCE INC

EIN 11-0577070 · Professional Athletic Leagues (N80)

What they do

THE PRIMARY PURPOSE of BROOKLYN CHAMBER of COMMERCE, INC.("BCC") is to ASSIST BROOKLYN BUSINESSES BY PROVIDING SERVICES, INCLUDING MARKETING, EDUCATION and ADVOCACY, IN WAYS THAT PROMOTE and MONITOR ECONOMIC GROWTH.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $38.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders45 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

38.19%of revenue went to mission work38.3% of expenses · Program services
$99.62spent for every $100 of revenueRevenue covered expenses this year.
$0.63in assets for every $1 spent this yearSome assets cannot be spent right away.
17.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $131,125 for RANDOLPH PEERS (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$868,110
Mission workProgram services$331,52738.19% of revenue38.3% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$3,2670.38% of revenueShown in gray on the chart
Total expenses$864,84399.62% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 38.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 99.62% of revenue
2023Expense mix: 34.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 102.05% of revenue
2022Expense mix: 26.1% mission · 0.0% management · 0.0% fundraisingTotal expenses: 69.94% of revenue
2021Expense mix: 27.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 104.12% of revenue
2016Expense mix: 44.7% mission · 46.1% management · 9.2% fundraisingTotal expenses: 98.29% of revenue

Money in and money out

Revenue$868,110
Expenses$864,843
Annual surplus $3,267 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$331,527 · 38.3% of expenses
See all reported dollar amounts
Revenue$868,110
Expenses$864,843
Assets$548,741
Income$1,037,329
Contributions$148,991
Mission work (program services)$331,527
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
RANDOLPH PEERSPRESIDENT & CEO · 10 hrs/week $131,125Base $99,508 · Other $31,617
RICHARD RUSSOCHIEF OPERATING OFFICER · 12 hrs/week $72,846Base $70,302 · Other $2,544
KATHIE LEEEXECUTIVE VICE PRESIDENT · 4 hrs/week $56,049
CHANDRABAN MOTILALLCHIEF FINANCIAL OFFICER · 4 hrs/week $43,389Base $18,329 · Other $25,060

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (45)

RANDOLPH PEERSPRESIDENT & CEO

RICHARD RUSSOCHIEF OPERATING OFFICER

KATHIE LEEEXECUTIVE VICE PRESIDENT

CHANDRABAN MOTILALLCHIEF FINANCIAL OFFICER

LINDSAY GREENEMEMBER

KENNETH FISHERMEMBER

LISA BINGMEMBER

MAGGIE GUMEMBER

MARY QUINONESMEMBER

OFER COHENMEMBER

PASQUALE PATRONETREASURER

PENDA AIKENMEMBER

PHILIP GUARNIERIMEMBER

PHYLLIS PRESSAMEMBER

RALPH BUMBACAMEMBER

ROBERT CORNEGYMEMBER

SAYER LONIALMEMBER

STEVEN KLEINMEMBER

SUSAN DOBANMEMBER

THOMAS SORRENTINOMEMBER

TIMOTHY CECEREMEMBER

TIMOTHY KINGMEMBER

TUCKER REEDMEMBER

TYQUANA HENDERSON-RIVERSMEMBER

JED WALENTASMEMBER

BLONDELL PINNOCKMEMBER

BRADLEY KORNMEMBER

BRYAN GRIMALDIMEMBER

DONALD BOOMGAARDENMEMBER

DOZIER HASTYMEMBER

ELADIA CAUSIL RODRIGUEZMEMBER

GARY TERRINONIMEMBER

GIL CYGLERVICE CHAIR

GINA ARGENTOMEMBER

JAMES BRENNANMEMBER

KEVIN THOMPSONMEMBER

JEFF LINDORMEMBER

JESSICA SCHUMERMEMBER

JOHN ABI HABIBMEMBER

JOY SWEETMEMBER

JUAN PEREZMEMBER

KAREN AUSTERMEMBER

KENDALL CHARTERMEMBER

KENDALL CHRISTIANSENSECRETARY

ANA OLIVEIRACHAIRMAN

About this charity

Recognized since
January 1933
Location
253 36TH ST UNIT 4 # C58, BROOKLYN, NY 11232-2415
County
Kings
In care of
RANDOLPH PEERS
Primary officer
RANDOLPH PEERS, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
SAX LLP
NTEE classification
Professional Athletic Leagues (N80)
IRS tax category
Professional Athletic Leagues

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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