Downtown New Rochelle Business Improvement Dist Mgmt Assoc Inc
Downtown New Rochelle Business Improvement Dist Mgmt Assoc Inc's network
13 people5 organisationsi13 people and 5 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (13). Violet dotted lines (5) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
13 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 13 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Marc M Jerome Chair (also filed as Marc Jerome) | Chairman | 2018 | 8 yrs |
| Albert Tarantino | Company secretary | 2018 | 8 yrs |
| Bruce Berg | Board Member | 2024 | 2 yrs |
| Edward Ritter | Treasurer | 2022 | 4 yrs |
| Gwen Clayton | Board Member | 2024 | 2 yrs |
| James O'Toole | Board Member | 2018 | 8 yrs |
| James Wendling | Board Member | 2024 | 2 yrs |
| Joseph Graziose | Board Member | 2019 | 7 yrs |
| Kevin Rucker | Board Member | 2024 | 2 yrs |
| Louis Panico | Board Member | 2018 | 8 yrs |
| Rachel Greenspan | Board Member | 2024 | 2 yrs |
| Sebastian Aliberti | Board Member | 2019 | 7 yrs |
| Wilfredo Melendez | Vice Chair | 2024 | 2 yrs |
Officers and senior leadership
2 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Karel Littman | Executive Director | since 2020 |
| Ralph Dibart | Executive Director | since 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Karel Littman | Executive Director | 45 | $29k | ||
| Marc Jerome | Chairman | 1 | $0 | ||
| Wilfredo Melendez | Vice Chair | 1 | $0 | ||
| Edward Ritter | Treasurer | 1 | $0 | ||
| Albert Tarantino | Secretary | 1 | $0 | ||
| Sebastian Aliberti | Board Member | 1 | $0 | ||
| Gwen Clayton | Board Member | 1 | $0 | ||
| Kevin Rucker | Board Member | 1 | $0 | ||
| Bruce Berg | Board Member | 1 | $0 | ||
| Joseph Graziose | Board Member | 1 | $0 | ||
| James Wendling | Board Member | 1 | $0 | ||
| Rachel Greenspan | Board Member | 1 | $0 | ||
| James O'toole | Board Member | 1 | $0 | ||
| Louis Panico | Board Member | 1 | $0 |
About
- Legal name
- Downtown New Rochelle Business Improvement Dist Mgmt Assoc Inc
- EIN
- 134089489
- Address
- 515 North Ave, New Rochelle, NY, 10801-3405
- State
- New York
- Mission
- To develop the business district into a vibrant, thriving and sustainable downtown. (as filed on the Form 990)
- Activity (NTEE)
- S30 Community improvement and capacity building
- IRS classification
- 501(c)04 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 4 (IRS master file code)
- Formed
- 1999
- Principal officer
- Marc M Jerome (as named on the Form 990)
- IRS ruling date
- 1 July 2000
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsMarc M Jerome
≥8years on the filingsAlbert Tarantino
≥8years on the filingsJames O'Toole
≥8years on the filingsLouis Panico
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $463k
- Total liabilities
- $35k
- Net assets or fund balances
- $428k
- Contributions and grants received
- $0
- Program service revenue
- $693k
- Grants and similar paid out
- $120k
- Employees
- 1
- Volunteers
- 13
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $693k | $651k | $43k |
As filed on the IRS Form 990. US dollars.
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| City of New Rochelle | Holiday lighting upgrade | $120k |