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Filing year 2023

BROOKLYN NAVY YARD DEVELOPMENT CORP

Brooklyn, New York·EIN 11-2137138·NTEE S200 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$129.6M
Total assets
$1.1B
Total expenses
$100.7M
Reported officers
49
Mission

TO MANAGE THE BROOKLYN NAVY YARD FOR THE CITY OF NEW YORK, SPECIFICALLY TO EXPAND JOB OPPORTUNITIES FOR NEW YORKERS BY FOSTERING THE DEVELOPMENT OF SMALL BUSINESSES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in New York.

President and CEO
Above 90th percentile
$382k
$429k
Base
$291k
Bonus
Other
Benefits
$60k
CFO and EVP
75th to 90th percentile
$365k
$409k
Base
$262k
Bonus
Other
Benefits
$59k
Chief Impact Officer & EVP
75th to 90th percentile
$333k
$374k
Base
$259k
Bonus
Other
Benefits
$47k
Gen. Counsel and EVP
Executive Vice President
75th to 90th percentilevs Community Improvement & Capacity Building peers nationwide
$330k
$370k
Base
$264k
Bonus
Other
Benefits
$22k
EVP and COO
75th to 90th percentile
$316k
$354k
Base
$272k
Bonus
Other
Benefits
Svp, Operating. & Infrastucture
Senior Vice President
Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide
$291k
$326k
Base
$201k
Bonus
Other
Benefits
$59k
Senior Vice President, Controller
Senior Vice President
Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide
$289k
$324k
Base
$197k
Bonus
Other
Benefits
$61k
Svp, Development
Senior Vice President
Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide
$284k
$319k
Base
$195k
Bonus
Other
Benefits
$60k
Sr. Vp, Planning & Transportation
Board Vice President
Above 90th percentile
$283k
$318k
Base
$220k
Bonus
Other
Benefits
$32k
Chief Engineer
Highest Compensated Employee
75th to 90th percentile
$282k
$316k
Base
$204k
Bonus
Other
Benefits
$51k
Sr. Vp, Property Management
Board Vice President
Above 90th percentile
$271k
$304k
Base
$197k
Bonus
Other
Benefits
$44k
Deputy General Counsel
Officer (Unspecified)
$269k
$302k
Base
$188k
Bonus
Other
Benefits
$62k
Sr. Vp, Design & Construction
Board Vice President
75th to 90th percentile
$259k
$290k
Base
$208k
Bonus
Other
Benefits
$19k
Sr.vp, Leasing
Board Vice President
75th to 90th percentile
$257k
$288k
Base
$177k
Bonus
Other
Benefits
$56k
Senior Vice President, Technology
Senior Vice President
Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide
$247k
$277k
Base
$209k
Bonus
Other
Benefits
$5k
Vice President, Lead Architect
Board Vice President
75th to 90th percentile
$237k
$266k
Base
$165k
Bonus
Other
Benefits
$48k
Vp, Design & Construction
Board Vice President
75th to 90th percentile
$210k
$236k
Base
$150k
Bonus
Other
Benefits
$44k
Assistant General Counsel
Highest Compensated Employee
Median to 75th percentile
$198k
$222k
Base
$157k
Bonus
Other
Benefits
$20k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 31 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at BROOKLYN NAVY YARD DEVELOPMENT CORP equaled 0.4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
0.4%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 7%
from 2022

From $358k in 2022 to $382k in 2023.

$358k
2022
$382k
2023
In today's dollarsEst.
Up 3% in real terms$418k to $429k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 8% from 2022 to 2023, while revenue rose 9%.

$354k in 2022 to $382k in 2023.
  • Executive Vice President pay fell 8% from 2022 to 2023.
  • Board Vice President pay rose 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BROOKLYN NAVY YARD DEVELOPMENT CORP

What does the Chief Executive Officer of BROOKLYN NAVY YARD DEVELOPMENT CORP earn?

In 2023, the Chief Executive Officer of BROOKLYN NAVY YARD DEVELOPMENT CORP received $382,017 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BROOKLYN NAVY YARD DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2023 pay of the Chief Executive Officer at BROOKLYN NAVY YARD DEVELOPMENT CORP falls in the top 10%. In 2023, the highest total compensation at BROOKLYN NAVY YARD DEVELOPMENT CORP equaled 0.4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are BROOKLYN NAVY YARD DEVELOPMENT CORP's revenue and expenses?

In 2023, BROOKLYN NAVY YARD DEVELOPMENT CORP reported $129.6M in total revenue and $100.7M in total expenses on its IRS Form 990.

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