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Filing year 2024

THE SEA GATE ASSOCIATION

Brooklyn, New York·EIN 11-1308900·4
Total revenue
$6.5M
Total assets
$28.5M
Total expenses
$6.5M
Reported officers
18
Mission

HOMEOWNERS ASSOCIATIONTHE SEA GATE ASSOCIATION (THE "ASSOCIATION") IS A NOT-FOR-PROFIT HOMEOWNERS' ASSOCIATION ORGANIZED IN 1899 FOR THE PURPOSE OF GOVERNING AND ADMINISTERING THE COMMUNITY IN BROOKLYN, NEW YORK KNOWN AS SEA GATE. THE ASSOCIATION CONSISTS OF 903 PROPERTIES OCCUPYING A SITE OF APPROXIMATELY THREE SQUARE MILES AND IS LOCATED AT THE FAR WESTERN END OF CONEY ISLAND AT THE SOUTHWESTERN TIP OF BROOKLYN, NEW YORK.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Community Manager
Highest Compensated Employee
10th to 25th percentile
$106k
$114k

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 17 unpaid individuals.

Down 19%
from 2023

From $131k in 2023 to $106k in 2024.

$131k
2023
$106k
2024
In today's dollarsEst.
Down 22% in real terms$147k to $114k

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.

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

Revenue and expenses over time

THE SEA GATE ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.2M
$7.1M
2023
$6.5M
$6.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE SEA GATE ASSOCIATION

What does the Highest Compensated Employee of THE SEA GATE ASSOCIATION earn?

In 2024, the Highest Compensated Employee of THE SEA GATE ASSOCIATION received $105,823 in total compensation. This pay is in the bottom quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at THE SEA GATE ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at THE SEA GATE ASSOCIATION falls between the 10th and 25th percentiles.

What are THE SEA GATE ASSOCIATION's revenue and expenses?

In 2024, THE SEA GATE ASSOCIATION reported $6.5M in total revenue and $6.5M in total expenses on its IRS Form 990.

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