EIN 83-1766314

Building 127 LL

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2018
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Building 127 LL, Inc. played a crucial role in renovating and repurposing Building 127, an eligible industrial structure for investment tax credits. It provided $24,953,000 of financing to support the redevelopment and leasing of the building. To make this possible, the corporation borrowed funds and loaned them to the project.
Related structure
Building 127 LL is a subordinate organization under Brooklyn Navy Yard Development Corporation (BNYDC).
Total revenues
$249,531
2023
Total expenses
$1,590,445
2023
Total assets
$25,037,754
2023
Num. employees
0
2023

Program areas at Building 127 LL

Building 127 LL, Inc. Provided $24,953,000 of financing for redevelopment and subsequent leasing of Building 127. To facilitate the financing of the project renovations, the corporation borrowed funds and used the proceeds of the loans to make a loan to the investment fund

Personnel at Building 127 LL

NameTitleCompensation
Wimal AriyawansaTreasurer$0
Paul KellyPresident , Director$0
Susie KimSecretary , Director$0
Shanny Spraus-ReinhardtVice President , Director$0
Julia MillerFormer Employee / Secretary$0
...and 1 more key personnel

Financials for Building 127 LL

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$249,531
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$249,531

Form 990s for Building 127 LL

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-01990View PDF
2022-122023-06-15990View PDF
2021-122022-07-18990View PDF
2020-122021-05-24990View PDF
2019-122021-01-21990View PDF
...and 1 more Form 990

Organizations like Building 127 LL

OrganizationLocationRevenue
2523 Market CorporationCleveland, OH$322,435
Jane Addams Delta Development CorporationChicago, IL$421,397
Bbbsoc QalicbSanta Ana, CA$280,474
CcatMartinsville, VA$104,700
Cattaraugus County Land Bank CorporationLittle Valley, NY$425,772
Albion Reinvestment CorporationSaginaw, MI$204,874
Muncie Land BankMuncie, IN$109,136
Appalachian Fund Management CompanyLondon, KY$140,163
Centri Tech FoundationWashington, DC$583,896
Pike Place Market QB3Seattle, WA$428,930
Data update history
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 26, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Business and community development organizationsReal estate organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
141 Flushing Ave 801
Brooklyn, NY 11205
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
Phone
(718) 907-5981
IRS details
EIN
83-1766314
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
5313: Real Estate Services
Parent/child status
Subordinate organization
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