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The 990 read · EIN 11-2137138 · NY · Fiscal year FY ending Jun 2025

Brooklyn Navy Yard Development

Brooklyn Navy Yard Development Corp: CEO salary, finances and where donations go

In its own words

“To manage the brooklyn navy yard for the city of new york, specifically to expand job opportunites for new yorkers by fostering the development of small businesses.”

Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.

Methodology by Amir Arani, CPA, CA · Updated

Top pay
$287K Lindsay Greene, 0.3% of spending
Revenue
$157.2M 52.3% from donations and grants
Spent
$96.7M 77.3% on programs, as reported
Net assets
$453.9M end of FY ending Jun 2025
Savings
56.3 months of spending, net assets ÷ spending
People
402 employees, 27 volunteers
Form 990 (FY ending Jun 2025), Parts I, VII, IX, X
01 · Red flags

1 thing to look at.

We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.

low

No whistleblower policy

No whistleblower policy on $157,153,274 of revenue.

Form 990 Part VI, line 13
02 · Where $1 goes · FY ending Jun 2025

Of each dollar it spent, 77.3¢ went to programs, as reported.

The split the charity filed.
77.3¢
Programs, $74.7M
0.0¢
Fundraising, $0K
22.7¢
Admin, $22.0M
Form 990 (FY ending Jun 2025), Part IX, line 25
Cost to raise $1
0¢
as reported

For each dollar donated, Brooklyn Navy Yard Development spent 0¢ on fundraising.

Fundraising ÷ $82.2M contributions · Form 990 Parts VIII, IX
03 · The savings

Net assets: $263.2M to $453.9M in 11 years.

Net assets at each fiscal year end, 2013 to 2025.

Net assets at year end, $ millions
263
273
285
344
383
375
369
371
360
338
366
454
Form 990 history via ProPublicaForm 990 (FY ending Jun 2025)
04 · Who gets paid

The 8 highest-paid people.

Reportable pay in FY ending Jun 2025, from the charity and related organizations.

Lindsay Greene
President and CEO
$287,172
Naser Gjeloshi
EVP and COO
$277,192
Paul Kelly
Gen. Counsel and EVP
$268,956
Wimal Ariyawansa
CFO and EVP
$267,364
Gbenga Dawodu
Creo (term 04/11/25)
$265,497
Shanny Spraus-Reinhardt
Chief Impact Officer & EVP
$264,212
Ari Schneiderman
Sr. Vp, Technology
$212,825
Kerry a Keegan
Sr. Vp, Design & Construction
$207,776
Form 990 (FY ending Jun 2025), Part VII, Section A
Largest outside contractors
ContractorServicePaid
Blackhawk Data LLCConsulting services$526,038
Spacesmith LlpArchitectural services$508,688
Cdw Direct LLCIt services$232,626
Jfk&m Consulting Group LLCConsulting services$217,141
Mitofsky Shapiro Neville & Hazen LlpLegal services$164,130
Form 990 (FY ending Jun 2025), Part VII, Section B
05 · Questions

The questions people ask about the Brooklyn Navy Yard Development.

Short, sourced answers. Each one stands on its own.

How much does the Brooklyn Navy Yard Development CEO make?

Lindsay Greene, President and CEO, received $287,172 in reportable compensation in FY ending Jun 2025, 0.3% of Brooklyn Navy Yard Development's $96.7M in spending.

Form 990 (FY ending Jun 2025), Part VII

What percentage of Brooklyn Navy Yard Development donations go to programs?

Brooklyn Navy Yard Development reported 77.3% of FY ending Jun 2025 spending as programs, 0% as fundraising and 22.7% as management.

Form 990 (FY ending Jun 2025), Part IX

How much money does Brooklyn Navy Yard Development have?

Net assets were $453.9M at the end of FY ending Jun 2025, about 56.3 months of spending.

Form 990 (FY ending Jun 2025), Part X

Does Brooklyn Navy Yard Development have any red flags in its filing?

Its latest Form 990 triggered 1 of our twelve screening rules: no whistleblower policy. A flag is a prompt for a closer look, not a finding of wrongdoing.

Form 990 (FY ending Jun 2025)
06 · Sources and citing

Every number, traced.

  1. Brooklyn Navy Yard Development Form 990, FY ending Jun 2025 (IRS e-file)
  2. Brooklyn Navy Yard Development Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

Amir Arani, “Brooklyn Navy Yard Development: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/brooklyn-navy-yard-development/