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Ironbound Business Improvement District Management Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Business and Industry (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2022 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$1.06M (2022)

Expenses
$1.08M (2022)

Total Assets
$462k (2022)

Total Liabilities
$0 (2022)

Source: Form 990 tax filings from 2010 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,059,177
Expenses
$1,078,119
Net Income
-$18,942
Net Assets
$462,442
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,059,177
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $50,290
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $462,442
Total Liabilities $0
Net Assets $462,442
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Leysly Roldan (Administrative Assistant) $50,290 $0 $0
Steven T Yglesias (President Emeritus) $0 $0 $0
Hal Laessig (1 St V President) $0 $0 $0
Manuel Lopes (President) $0 $0 $0
Seth A Grossman (Corporate Finance Officer) $0 $0 $0
Ricardo Da Gandra (Treasurer) $0 $0 $0
Oscar Sanchez (Secretary) $0 $0 $0
Jonathan Seabra (Trustee) $0 $0 $0
Helena Vinhas (2 Nd V President / Trustee) $0 $0 $0
Ras J Baraka (Trustee) $0 $0 $0
Antonio Martinez (Trustee) $0 $0 $0
Vincent Davis (Trustee) $0 $0 $0
Nicole Fields (Trustee) $0 $0 $0
Michael Silva (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$927,906
Expenses
$976,660
Net Income
-$48,754
Net Assets
$459,104
Notable Sources of Revenue Percent of Total Revenue
Contributions $927,906
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $45,680
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $459,104
Total Liabilities $0
Net Assets $459,104
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Leysly Roldan (Office Manager) $45,680 $0 $0
Steven T Yglesias (President Emeritus) $0 $0 $0
Hal Laessig (1 St V President) $0 $0 $0
Kenneth Miles (2 Nd V President) $0 $0 $0
Renato Baptista (Treasurer) $0 $0 $0
Manuel Lopes (President) $0 $0 $0
Seth Grossman (Executive Director) $0 $0 $0
Richard Da Gandra (Trustee) $0 $0 $0
Oscar Sanchez (Secretary) $0 $0 $0
Jonathan Seabra (Trustee) $0 $0 $0
Helena Vinhas (Trustee) $0 $0 $0
Augusto Amador (Trustee) $0 $0 $0
Ras Baraka (Trustee) $0 $0 $0
Antonio Martinez (Trustee) $0 $0 $0
Vincent Davis (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,342,043
Expenses
$1,000,276
Net Income
$341,767
Net Assets
$507,858
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,342,043
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $27,490
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $507,858
Total Liabilities $0
Net Assets $507,858
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Leysly Roldan (Office Manager) $27,490 $0 $0
Steven T Yglesias (President Emeritus) $0 $0 $0
Hal Laessig (1 St V President) $0 $0 $0
Kenneth Miles (Trustee) $0 $0 $0
Renato Baptista (Treasurer) $0 $0 $0
Manuel Lopes (President) $0 $0 $0
Seth Grossman (Executive Director) $0 $0 $0
Richard Da Gandra (Trustee) $0 $0 $0
Oscar Sanchez (Secretary) $0 $0 $0
Elsa Rodrigues (2 Nd Vice President) $0 $0 $0
Jonathan Seabra (Trustee) $0 $0 $0
Helena Vinhas (Trustee) $0 $0 $0
Augusto Amador (Trustee) $0 $0 $0
Ras Baraka (Trustee) $0 $0 $0
Antonio Martinez (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$906,449
Expenses
$976,883
Net Income
-$70,434
Net Assets
$166,091
Notable Sources of Revenue Percent of Total Revenue
Contributions $906,330
100.0%
Program Services $0
Investment Income $119
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $45,283
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $166,091
Total Liabilities $0
Net Assets $166,091
Compensation
Key Employees and Officers Compensation Related Other
Leysly Roldan (Office Manager) $38,964 $0 $0
Dennis Ceron (Adjunct Staff) $4,163 $0 $0
Ronnie Bermeo (Adjunct Staff) $1,630 $0 $0
Veronica Luz Roldan (Adjunct Staff) $800 $0 $0
Steve T Yglesias (President Emeritus) $0 $0 $0
Hal Laessig (1 St V President) $0 $0 $0
Kenneth Miles (Trustee) $0 $0 $0
Renato Baptista (Treasurer) $0 $0 $0
Manuel Lopes (President) $0 $0 $0
Brian Morgado (Trustee) $0 $0 $0
Richard Da Gandra (Trustee) $0 $0 $0
Oscar Sanchez (Trustee) $0 $0 $0
Elsa Rodrigues (2 Nd Vice President) $0 $0 $0
Eddie Desousa (Trustee) $0 $0 $0
Helena Vinhas (Trustee) $0 $0 $0
Augusto Amador (Trustee) $0 $0 $0
Ras Baraka (Trustee) $0 $0 $0
Antonio Martinez (Trustee) $0 $0 $0
Vince Baglivo (Associate Director) $0 $0 $0
Seth Grossman (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,405,818
Expenses
$1,149,961
Net Income
$255,857
Net Assets
$236,525
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,405,593
100.0%
Program Services $0
Investment Income $225
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $45,327
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $275,562
Total Liabilities $39,037
Net Assets $236,525
Compensation
Key Employees and Officers Compensation Related Other
Leysly Roldan (Office Manager) $39,283 $0 $0
Dennis Ceron (Adjunct Staff) $4,619 $0 $0
Jordy Garcia (Adjunct Staff) $1,426 $0 $0
Steve T Yglesias (President) $0 $0 $0
Hal Laessig (1 St V President) $0 $0 $0
Victor Matos (2 Nd V President) $0 $0 $0
Renato Baptista (Treasurer) $0 $0 $0
Manuel Lopes (Secretary) $0 $0 $0
Brian Morgado (Trustee) $0 $0 $0
Richard Da Gandra (Trustee) $0 $0 $0
Oscar Sanchez (Trustee) $0 $0 $0
Elsa Rodrigues (Trustee) $0 $0 $0
Eddie Desousa (Trustee) $0 $0 $0
Helena Vinhas (Trustee) $0 $0 $0
Augusto Amador (Trustee) $0 $0 $0
Ras Baraka (Trustee) $0 $0 $0
Betty Spiropoulos (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$651,277
Expenses
$905,238
Net Income
-$253,961
Net Assets
-$19,332
Notable Sources of Revenue Percent of Total Revenue
Contributions $651,086
100.0%
Program Services $0
Investment Income $191
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $55,369
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $30,668
Total Liabilities $50,000
Net Assets -$19,332
Compensation
Key Employees and Officers Compensation Related Other
Leysly Roldan (Office Manager) $37,260 $0 $0
Dennis Ceron (Adjunct Staff) $14,256 $0 $0
Jordy Garcia (Adjunct Staff) $3,853 $0 $0
Steve T Yglesias (President) $0 $0 $0
Hal Laessig (1 St V President) $0 $0 $0
Victor Matos (2 Nd V President) $0 $0 $0
Renato Baptista (Treasurer) $0 $0 $0
Manuel Lopes (Secretary) $0 $0 $0
Brian Morgado (Trustee) $0 $0 $0
Richard Da Gandra (Trustee) $0 $0 $0
Oscar Sanchez (Trustee) $0 $0 $0
Elsa Rodrigues (Trustee) $0 $0 $0
Eddie Desousa (Trustee) $0 $0 $0
Helena Vinhas (Trustee) $0 $0 $0
Augusto Amador (Trustee) $0 $0 $0
Ras Baraka (Trustee) $0 $0 $0
Betty Spiropoulos (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,134,330
Expenses
$1,123,575
Net Income
$10,755
Net Assets
$234,629
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,134,005
100.0%
Program Services $0
Investment Income $325
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $54,769
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $234,629
Total Liabilities $0
Net Assets $234,629
Compensation
Key Employees and Officers Compensation Related Other
Leysly Roldan (Office Manager) $36,250 $0 $0
Dennis Ceron (Adjunct Staff) $14,369 $0 $0
Steven Bifano (Adjunct Staff) $4,150 $0 $0
Steve T Yglesias (President) $0 $0 $0
Hal Laessig (1 St V President) $0 $0 $0
Victor Matos (2 Nd V President) $0 $0 $0
Renato Baptista (Treasurer) $0 $0 $0
Manuel Lopes (Secretary) $0 $0 $0
Brian Morgado (Trustee) $0 $0 $0
Chris Silva (Trustee) $0 $0 $0
Jack Guerra (Trustee) $0 $0 $0
Zelia Prata (Trustee) $0 $0 $0
Betty Spiropoulos (Trustee) $0 $0 $0
Helena Vinhas (Trustee) $0 $0 $0
Augusto Amador (Trustee) $0 $0 $0
Ras Baraka (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,053,642
Expenses
$868,823
Net Income
$184,819
Net Assets
$223,873
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,053,454
100.0%
Program Services $0
Investment Income $188
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $44,469
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $281,897
Total Liabilities $58,024
Net Assets $223,873
Compensation
Key Employees and Officers Compensation Related Other
Leysly Roldan (Office Manager) $34,198 $0 $0
Steven Bifano (Adjunct Staff) $7,531 $0 $0
Judy Tewiah (Adjunct Staff) $2,400 $0 $0
Karmin Burgos (Adjunct Staff) $339 $0 $0
Steve T Yglesias (President) $0 $0 $0
Hal Laessig (1 St V President) $0 $0 $0
Victor Matos (2 Nd V President) $0 $0 $0
Renato Baptista (Treasurer) $0 $0 $0
Manuel Lopes (Secretary) $0 $0 $0
Brian Morgado (Trustee) $0 $0 $0
Chris Silva (Trustee) $0 $0 $0
Jack Guerra (Trustee) $0 $0 $0
Zelia Prata (Trustee) $0 $0 $0
Betty Spiropoulos (Trustee) $0 $0 $0
Helena Vinhas (Trustee) $0 $0 $0
Augusto Amador (Trustee) $0 $0 $0
Ras Baraka (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$828,811
Expenses
$750,920
Net Income
$77,891
Net Assets
$39,054
Notable Sources of Revenue Percent of Total Revenue
Contributions $828,686
100.0%
Program Services $0
Investment Income $125
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $40,770
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $39,054
Total Liabilities $0
Net Assets $39,054
Compensation
Key Employees and Officers Compensation Related Other
Leysly Roldan (Office Manager) $34,523 $0 $0
Francisco Pereira (Adjunct Staff) $3,807 $0 $0
Veronica Luz Roldan (Adjunct Staff) $1,400 $0 $0
Jeffrey Decen (Adjunct Staff) $860 $0 $0
Yodaisha Hutchins (Adjunct Staff) $180 $0 $0
Steve T Yglesias (President) $0 $0 $0
Renato Baptista (1 St V President) $0 $0 $0
Victor Matos (2 Nd V President) $0 $0 $0
Brian Morgado (Treasurer) $0 $0 $0
Chris Silva (Secretary) $0 $0 $0
Licinio Cruz (President Emeritus) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$822,231
Expenses
$717,450
Net Income
$104,781
Net Assets
-$38,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $804,178
97.8%
Program Services $17,958
2.2%
Investment Income $95
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $43,436
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,824
Total Liabilities $49,661
Net Assets -$38,837
Compensation
Key Employees and Officers Compensation Related Other
Leysly Roldan (Office Manager) $32,179 $0 $0
Francisco Pereira (Adjunct Staff) $8,332 $0 $0
Judy Tewiah (Adjunct Staff) $2,925 $0 $0
Steve T Yglesias (President) $0 $0 $0
Renato Baptista (1 St V President) $0 $0 $0
Victor Matos (2 Nd V President) $0 $0 $0
Brian Morgado (Treasurer) $0 $0 $0
Chris Silva (Secretary) $0 $0 $0
Licinio Cruz (President Emeritus) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$458,495
Expenses
$612,326
Net Income
-$153,831
Net Assets
-$143,618
Notable Sources of Revenue Percent of Total Revenue
Contributions $452,740
98.7%
Program Services $5,690
1.2%
Investment Income $65
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $67,052
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $47,042
Total Liabilities $190,660
Net Assets -$143,618

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$742,097
Expenses
$673,271
Net Income
$68,826
Net Assets
$10,213
Notable Sources of Revenue Percent of Total Revenue
Contributions $732,250
98.7%
Program Services $9,750
1.3%
Investment Income $97
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $65,262
9.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $160,873
Total Liabilities $150,660
Net Assets $10,213

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$429,191
Expenses
$566,029
Net Income
-$136,838
Net Assets
-$58,613
Notable Sources of Revenue Percent of Total Revenue
Contributions $393,750
91.7%
Program Services $35,337
8.2%
Investment Income $104
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $56,987
10.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $41,387
Total Liabilities $100,000
Net Assets -$58,613

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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