BAYSIDE VILLAGE BUSINESS IMPROVEMENT DISTRICT INC Charity Report

Public IRS 990 nonprofit record

BAYSIDE VILLAGE BUSINESS IMPROVEMENT DISTRICT INC

EIN 26-2931126 · Community & Neighborhood Development (S20)

What they do

Provide Services As Holiday Lights and Sanitation for The Enjoyment, Protection, Promotion and Enhancement of The District.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.10 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 leaders20 people are listed in the latest report.

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

Money made simple

79.72%of revenue went to mission work78.1% of expenses · Program services

$102.06spent for every $100 of revenueSpending was higher than revenue this year.

22.33%of revenue went to management and office costs21.9% of expenses

$0.54in assets for every $1 spent this yearSome assets cannot be spent right away.

38.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $7,668 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $84,692 for NOAH SHEROFF (EXECUTIVE DIR.). 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.

$100revenue

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$372,728

Mission workProgram services$297,15479.72% of revenue78.1% of expenses

ManagementOffice and general costs$83,24222.33% of revenue21.9% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$380,396102.06% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 78.1% mission · 21.9% management · 0.0% fundraisingTotal expenses: 102.06% of revenue

2023Expense mix: 73.8% mission · 26.2% management · 0.0% fundraisingTotal expenses: 104.23% of revenue

2022Expense mix: 89.5% mission · 8.1% management · 2.4% fundraisingTotal expenses: 108.52% of revenue

2021Expense mix: 89.2% mission · 8.2% management · 2.6% fundraisingTotal expenses: 91.25% of revenue

2020Expense mix: 86.9% mission · 10.0% management · 3.1% fundraisingTotal expenses: 83.81% of revenue

2019Expense mix: 88.2% mission · 8.8% management · 2.9% fundraisingTotal expenses: 85.87% of revenue

2018Expense mix: 86.8% mission · 11.3% management · 1.9% fundraisingTotal expenses: 84.80% of revenue

2017Expense mix: 83.4% mission · 14.4% management · 2.1% fundraisingTotal expenses: 87.80% of revenue

Money in and money out

Revenue$372,728

Expenses$380,396

Annual shortfall $7,668 Expenses were higher than revenue 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)$297,154 · 78.1% of expenses

Management and office costs$83,242 · 21.9% of expenses

See all reported dollar amounts

Revenue$372,728

Expenses$380,396

Assets$205,926

Income$372,728

Contributions$142,728

Mission work (program services)$297,154

Management and general$83,242

Executive compensation (total)$71,500

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

NOAH SHEROFFEXECUTIVE DIR. · 35 hrs/week $84,692

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 (20)

NOAH SHEROFFEXECUTIVE DIR.

JOHN RYANBOARD MEMBER

VIVEK SUKUMARANBOARD MEMBER

SANJAY AHUJABOARD MEMBER

SAKI PETRIDISBOARD MEMBER

PAUL DIBENEDETTOBOARD MEMBER

PATRICK JORDANBOARD MEMBER

PAT PERULLIVICE CHAIR

MICHAEL MELAMEDBOARD MEMBER

MARK BOCCIA2ND VICE-CHAIR

DOMINICK BRUCCOLERIBOARD MEMBER

JOHN BONAVITABOARD MEMBER

JOE HANSECRETARY

JEFFREY REINHARTBOARD CHAIR

JAMES RISOBOARD MEMBER

JAMES MONGELUZOBOARD MEMBER

HERBERT CHENGTREASURER

HARRY RUTGERSBOARD MEMBER

HARRY MORDJIKIANBOARD MEMBER

DOMINIQUE SHORTBOARD MEMBER

About this charity

Recognized since: January 2009
Location: 21333 39TH AVE STE 310, BAYSIDE, NY 11361-2092
County: Queens
In care of: % IMPROVEMENT DISTRICT INC
Primary officer: Jeffrey Reinhart, Board Chair

How to reach them

Phone(718) 423-2434

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CIPRIANI & BAUER CPAS
NTEE classification: Community & Neighborhood Development (S20)
IRS tax category: Community & Neighborhood Development