BUILDING 127 LL, INC. WAS FORMED AS PART OF BROOKLYN NAVY YARD DEVELOPMENT CORPORATION'S ("BNYDC") EFFORTS TO RENOVATE BUILDING 127 (THE "PROJECT"), AN INDUSTRIAL FACILITY, THAT IS A CERTIFIED HISTORIC STRUCTURE AND IS ELIGIBLE FOR INVESTMENT TAX CREDITS FOR QUALIFYING REHABILITATION EXPENDITURES PURSUANT TO SECTION 47 OF THE IRC. THE CORPORATION WILL ENGAGE SOLELY IN THE FACILITATION OF FINANCING FOR REDEVELOPMENT AND SUBSEQUENT LEASING OF BUILDING 127. TO FACILITATE THE FINANCING OF THE PROJECT RENOVATIONS, THE CORPORATION BORROWED FUNDS AND WILL USE THE PROCEEDS OF THE LOANS TO MAKE A LOAN TO THE INVESTMENT FUND
Executive compensation
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in New York.
| Position | Total |
|---|---|
Treasurer, Director Officer (Unspecified) | $99k $107k |
Vp, Director Vice President Median to 75th percentile | $86k $93k |
Secretary, Director Officer (Unspecified) | $84k $91k |
President, Director 10th to 25th percentile | $49k $53k |
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 1 unpaid individual.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at BUILDING 127 LL INC equaled 6% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 15%
from 2023
From $117k in 2023 to $99k in 2024.
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.
Vice President pay rose 23% from 2023 to 2024, while revenue rose 8%.
- Chief Executive Officer pay fell 39% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about BUILDING 127 LL INC
What does the Vice President of BUILDING 127 LL INC earn?
In 2024, the Vice President of BUILDING 127 LL INC received $86,344 in total compensation. This pay is above the median (the midpoint) for Vice President roles among Community Improvement & Capacity Building organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.
How does Vice President pay at BUILDING 127 LL INC compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2024 pay of the Vice President at BUILDING 127 LL INC falls between the median and the 75th percentile. In 2024, the highest total compensation at BUILDING 127 LL INC equaled 6% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are BUILDING 127 LL INC's revenue and expenses?
In 2024, BUILDING 127 LL INC reported $269k in total revenue and $1.6M in total expenses on its IRS Form 990.
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