Funding for the Lincoln Square BID comes from annual assessments of all owners of real property within its boundaries. For the fiscal year 2017, our annual assessment budget is $2,300,000. Assessment rates are approximately: $0.19 per garage square foot, $0.44 per commercial square foot and $0.47 per retail square foot. The annual assessment ensures that all beneficiaries of BID programs share in their cost. Non-profit organizations are not assessed, but many provide in-kind services and financial assistance. Owners of residential condo units pay $1 a year while residential tenants (renters and co-op owners) are not assessed.
We are committed to the proper stewardship of our resources; this includes offering our constituents a transparent view of our financial and programmatic position. You may access PDFs of our most recent annual reports, which highlight our activities and accomplishments, by clicking below:
Fiscal year 2016 annual report
Fiscal year 2015 annual report
Fiscal year 2014 annual report
Fiscal year 2013 annual report
Fiscal year 2012 annual report
Fiscal year 2011 annual report
Fiscal year 2010 annual report
Fiscal year 2009 annual report
Fiscal year 2008 annual report
Our most recent audited financial statements can be found by clicking below:
For 990s: visit www.guidestar.org
If you are interested in learning more about our organization’s services please contact us through the website or call 212.581.3774.