New York · Nonprofit
SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION
SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION (New York) receives grants from 7 organizations whose IRS filings report $461,619 to it, the largest being JPMORGAN CHASE FOUNDATION ($297,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $1.3M
- Funders on record
- 7
- Grants received
- $462k
- Net assets
- $1.3M
What Southwest Brooklyn Industrial Development Corporation does
Mission
Southwest Brooklyn Industrial Development Corporation provides advocacy and services to help businesses in the sunset park, red hook and gowanus neighborhoods grow and create employment opportunities for local residents.
As stated on its FY2025 Form 990.
Program
As we have since 1978, sbidc has worked tirelessly to ensure that the industrial core of southwest brooklyn remains strong and that it remains a center of opportunity for workers throughout the area. Our unique combination of direct business services, workforce development and training, entrepreneurship training, community planning and revitalization, and advocacy helped businesses throughout southwest brooklyn thrive in a market and a city that can be challenging for manufacturers and other industrial businesses. Challenges include a competitive real estate market that prioritizes residential and commercial tenants over industrial ones; supply chain challenges; rising costs of doing business in an urban environment; and a competitive labor market.since july 2024, sbidc supported over 200 industrial employers seeking help with complex financing programs, new business development opportunities, recruiting employees, navigating government regulations, and large-scale rezoning proposals in brooklyn. Sbidc offers business education programming focused on business development strategies and financial growth. In 2025, sbidc also launched a new program called we source, which aims to…
$1,129,671 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,129,671.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $676k to $1.6M (+137%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 55% · 2018 62% · 2019 65% · 2020 73% · 2021 81% · 2022 58% · 2023 52% · 2024 31% · 2025 68%. Grants only. Government contracts and fees sit inside program revenue.
91% of SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Jesse Solomon
Executive director
Board chair
Jeffrey Lee Romero
Chairperson
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $189k → $2k.
2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION leans on a few funders — its largest provides 64% of grant income and the top three 85%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
36% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 77% · 2018 70% · 2019 75% · 2022 50% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $32k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION receives grants from 7 organizations whose IRS filings report $462k to it.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Organizations like SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Public support
87%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION?
- SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION (New York) receives grants from 7 organizations whose IRS filings report $461,619 to it, the largest being JPMORGAN CHASE FOUNDATION ($297,000). 3 of them have funded it in more than one year.
- How many funders does SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION have?
- IRS filings report 7 organizations giving $461,619 in grants to SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION, 3 of which have funded it in more than one year.
- Who is the largest funder of SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION?
- JPMORGAN CHASE FOUNDATION is the largest funder on record, with $297,000 in grants. The full list of funders is on this page.
- How can an organization like SOUTHWEST BROOKLYN INDUSTRIAL DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Southwest Brooklyn Industrial Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing