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Passes our checks

Long Island City Business Improvement District Inc

EIN 20-2889318 · Long Island City, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood81 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ORGANIZATION PROVIDES SUPPLEMENTAL SANITATION, PUBLIC SAFETY, STREETSCAPE IMPROVEMENT, VISITOR INFORMATION AND COMMERCIAL SUPPORT SERVICES TO PROPERTY OWNERS, BUSINESSES AND RESIDENTS OF AN AREA ESTABLISHED AS A BUSINESS IMPROVEMENT DISTRICT.

Income
$1.6 million
Spending
$1.4 million
Spent on programs
94%
Reserves
5.9 months of spending
Largest source of income
fees for its services, 98%
Employees
0
Volunteers
247
Highest pay
$255,758, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 81 out of 100. Higher than 62% of charities in its peer group (community improvement, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 5.9 months of spending.

  • Debt

    16 of 20

    It owes 21% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 9% of income.

  • Income trend

    15 of 15

    Income rose 51% on the year before.

  • Spending floor

    15 of 15

    94% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 95 out of 100. Higher than 62% of charities in its peer group (community improvement, $1m to $10m).

  • Independent board

    25 of 25

    54 of 54 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $292,097 spent. PUBLIC IMPROVEMENTS - IMPROVING THE OVERALL APPEARANCE OF THE DISTRICT THROUGH A COMBINATION OF BEAUTIFICATION AND OTHER PROJECTS.
  2. $777,431 spent. SANITATION - MAINTAINING CLEAN STREETS/CURBS AND GARBAGE AND GRAFFITI REMOVAL.
  3. $139,391 spent. MARKETING AND PROMOTION - PROMOTING THE DISTRICT TO RESIDENTS AND TOURISTS AND RETAINING AND DEVELOPING PROSPECTIVE BUSINESSES.
  4. $126,935 spent. SECURITY - WORKING CLOSELY WITH THE LOCAL POLICE PRECINCTS. WE HOST FREQUENT ROUNDTABLE MEETINGS WHERE BOTH NYPD PRECINCTS AND LOCAL BUSINESS OWNERS PARTICIPATE IN DISCUSSIONS ABOUT RECENT COMMUNITY EVENTS, SAFETY TIPS FOR BUSINESSES, AND IN GENERAL WAYS TO MAKE OUR BID SAFER. WE ALSO WORK CLOSELY WITH CITY AGENCIES, BUSINESS AND PROPERTY OWNERS, AND COMMUNITY ORGANIZATIONS TO KEEP LIC SAFE AND WELCOMING WHILE CONTINUING TO SEND OUT BID EMAIL NOTIFICATIONS FOR SERVICE ALERTS AND SERIOUS WEATHER CONDITIONS, KEEPING EVERYONE UPDATED ON WHAT IS GOING ON IN THE DISTRICT. THE BID IS EXCITED TO ANNOUNCE THAT WE ARE NOW COMMUNITY PARTNERS WITH THE LOCAL POLICE PRECINCT. WE MEET ON A MONTHLY BASIS TO DISCUSS CRIME TRENDS, UPDATES, AND ATTEND THEIR FREQUENT BUILD-A-BLOCK MEETINGS TO HEAR PUBLIC CONCERNS AND OPINIONS FROM AROUND THE DISTRICT.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2007.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

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