2024-03-26T08:59:38-05:00 2023-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2022-07-01 133022855 CENTRAL PARK CONSERVANCY INC CENT 2123106600 717 FIFTH AVENUE 5TH FL NEW YORK NY 10022 STEPHEN SPINELLI CHIEF FINANCIAL OFFICER 2123106600 2024-05-15 1 STEPHEN SPINELLI 999009999 0 WILLIAM EPSTEIN P01307171 2129498700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHEN SPINELLI 717 FIFTH AVENUE 5TH FL NEW YORK NY 10022 415275780 0 X WWW.CENTRALPARKNYC.ORG X 1980 NY SEE SCHEDULE O 54 53 463 1962 -258728 0 120014289 84508659 14090747 39596034 13217499 24431620 469514 -578125 147792049 147958188 365286 768606 0 0 39776447 46108729 461633 553055 12059162 52882793 83770391 93486159 131200781 54305890 16757407 524556314 590446635 20580770 51409590 503975544 539037045 X SEE SCHEDULE O 0 0 54861456 10100 32382989 DESIGN AND CONSTRUCTION IN CONNECTION WITH THE RESTORATION OF CENTRAL PARK AS AMERICA'S FOREMOST MAJOR URBAN PUBLIC SPACE. THE CONSERVANCY HAS CARRIED OUT A RESTORATION MANAGEMENT PLAN FOR THE PARK, AND MANAGED THE CAPITAL RESTORATION OF A NUMBER OF SIGNIFICATNT LANDSCAPES AND FACILITIES. 33149576 591606 7016025 AS THE OFFICIAL MANAGER OF CENTRAL PARK, THE CONSERVANCY IS RESPONSIBLE FOR THE DAY-TO-DAY MAINTENANCE AND OPERATION OF THE PARK. ACTIVITIES INCLUDE: LANDSCAPE MAINTENANCE, PLAYGROUND MAINTENANCE, TREE CARE, TURF CARE, AND PRESERVATION OF HISTORIC MONUMENTS. THE CONSERVANCY HAS SET NEW STANDARDS IN EXCELLENCE IN PARK CARE. IT HAS TRANSFORMED CENTRAL PARK INTO A MODEL FOR URBAN PARKS WORLDWIDE. 5465284 166900 197020 THE CONSERVANCY PUBLIC PROGRAMS TAKE ADVANTAGE OF THE INVALUABLE RESOURCES IN CENTRAL PARK PROVIDING EDUCATION, RECREATION, AND VOLUNTEER PROGRAMS THAT SERVE THE COMMUNITY. IN ADDITION, THE CONSERVANCY PROVIDES SERVICES AT THE FOLLOWING FIVE VISITOR CENTERS IN THE PARK: CHARLES A. DANA DISCOVERY CENTER, NORTH MEADOW RECREATION CENTER, BELVEDERE CASTLE, DAIRY VISITOR CENTER AND GIFT SHOP, AND CHESS AND CHECKERS HOUSE. 3275029 0 0 THE CENTRAL PARK CONSERVANCY INSTITUTE FOR URBAN PARKS IS THE EDUCATIONAL ARM OF THE CENTRAL PARK CONSERVANCY. THE INSTITUTE DEVELOPS PROGRAMS DESIGNED TO FOSTER A DEEPER APPRECIATION FOR URBAN PARKS AND SHARES THE CONSERVANCY'S WORLD CLASS MANAGEMENT AND STEWARDSHIP PRACTICES. THROUGH THE INSTITUTE FOR URBAN PARKS, THE CENTRAL PARK CONSERVANCY IS TRAINING AND TEACHING URBAN PARK PROFESSIONALS AND PARK STEWARDS, GLOBALLY, AND LOCALLY. THE CENTRAL PARK CONSERVANCY IS HELPING NYC PARKS' THROUGHOUT THE FIVE BOROUGHS TO SHARE OUR BEST PRACTICES IN PARK MANAGEMENT. 3275029 0 0 96751345 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 193 0 463 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 54 53 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DC DE FL GA HI IA ID IL IN KY LA MA MD ME MI MN MS MO MT NH NJ NM NY NC ND OH OK OR PA NE SC SD TX UT VA WA WV WY X X STEPHEN SPINELLI CFO 2123106600 717 FIFTH AVENUE 5TH FL NEW YORK NY 10022 MR CHRISTOPHER NOLAN CHIEF LANDSCAPE ARCHITECT 35.00 0.00 X X 561545 0 43387 MS ELIZABETH W SMITH EX-OFFICIO (PRESIDENT/CEO) 35.00 0.00 X X 1138875 0 39732 MS JUDY HART ANGELO GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MS ELIZABETH H ATWOOD GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MS JANE BAYARD VICE CHAIR & GENERAL TRUST 1.00 0.00 X X 0 0 0 MR JEFF T BLAU GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR FRANK CARONE APPOINTED TRUSTEE (MAYORAL) 1.00 0.00 X 0 0 0 MRS JUDITH M CARSON GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR RICHARD CASHIN GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MS KELLY C COFFEY GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR MARTIN COHEN GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR ANDREW DAVIS GENERAL TRUSTEE 1.00 0.00 X 0 0 0 DR ANGELA DIAZ APPOINTED TRUSTEE (BOARD) 1.00 0.00 X 0 0 0 MS SUSAN M DONOGHUE EX-OFFICIO (NYC PARKS) 1.00 0.00 X 0 0 0 DR THELMA DYE APPOINTED TRUSTEE (BOARD) 1.00 0.00 X 0 0 0 MR BEN ELLENCWEIG GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR GLENN FUHRMAN GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR BENNETT GOODMAN GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR NICHOLAS A GRAVANTE JR APPOINTED TRUSTEE (MAYORAL) 1.00 0.00 X 0 0 0 MR MICHAEL GROBSTEIN TREASURER & GENERAL TRUSTEE 1.00 0.00 X X 0 0 0 MRS ANNE S HARRISON GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR KENNETH H HEITNER ESQ SECRETARY AND GENERAL COUN 1.00 0.00 X X 0 0 0 MRS JANE HELLER GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MS DAMARIS HERNANDEZ APPOINTED TRUSTEE (MAYORAL) 1.00 0.00 X 0 0 0 MS AMABEL JAMES GENERAL TRUSTEE 1.00 0.00 X 0 0 0 DR SANDYE JOHNSON APPOINTED TRUSTEE (BOARD) 1.00 0.00 X 0 0 0 MR THOMAS L KEMPNER JR BOARD CHAIR & GENERAL TRUS 1.00 0.00 X X 0 0 0 MR JONATHAN KORNGOLD GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MS JILL LAFER APPOINTED TRUSTEE (MAYORAL) 1.00 0.00 X 0 0 0 MS SHELLY LAZARUS GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MRS CAROL SUTTON LEWIS GENERAL TRUSTEE 1.00 0.00 X 0 0 0 HON MARK LEVINE EX-OFFICIO (MAN. BOR. PRES 1.00 0.00 X 0 0 0 MR ROBERT C LIEBER APPOINTED TRUSTEE (MAYORAL) 1.00 0.00 X 0 0 0 MR JAY P MANDELBAUM GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MS NELLE P MILLER GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MRS GILLIAN MINITER GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR CLARENCE NESBITT GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MRS AMELIA OGUNLESI GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MS ILA PALIWAL GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MS JENNY PRICE EX-OFFICIO TRUSTEE/WOMEN'S COMMITTEE PRESIDENT 1.00 0.00 X 0 0 0 MR JOE L ROBY GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR ERIC RUDIN GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MRS SIGRID SCHAFER GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR RICHARD G SCHNEIDMAN GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MS LAUREEN E SEEGER GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR NORMAN C SELBY GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR ALFRED J SHUMAN GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR JOHN STEINHARDT GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MS ERANA M STENNETT GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR JOHN STOSSEL GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR JEFF TARR JR GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR HARRY D TAYLOR GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MS TOYA WILLIFORD GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR BARRY WOLF GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MS NANAR YOSELOFF GENERAL TRUSTEE 1.00 0.00 X 0 0 0 MR STEPHEN SPINELLI CHIEF FINANCIAL OFFICER 35.00 0.00 X 581157 0 47321 MS MARY CARACCIOLI CHIEF COMMUNICATIONS & ENG 35.00 0.00 X 425398 0 48219 MS RENEE PORTER VP FOR FINANCE, THRU 1/20/23 35.00 0.00 X 342842 0 44116 MS GEORGIA SIAMPALIOTI CHIEF OF STRATEGIC, THRU 10/1/22 35.00 0.00 X 390525 0 40408 MR ROGER MOSIER CHIEF OF PARK OPER. AS OF 1/30/22 35.00 0.00 X 422230 0 37646 MR CHRISTOPHER ATKINSON VP OF FINANCE, AS OF 1/23/23 35.00 0.00 X 0 0 0 MR JOHN DILLON VP OF LANDSCAPE, THRU 10/6/23 35.00 0.00 X 320904 0 49903 MS ABIGAIL HEALY SENIOR VICE PRESIDENT FOR PHILANTHROPY AND CO-CAMP 35.00 0.00 X 364171 0 42582 MS SUZANNE PENNASILICO VICE PRESIDENT FOR PEOPLE 35.00 0.00 X 317695 0 42008 MS SANDRA HUBER SENIOR VICE PRESIDENT FOR CAPITAL PROJECT 35.00 0.00 X 316324 0 39846 MS LANE ADDONIZIO VP FOR PLANNING, THRU 3/3/23 35.00 0.00 X 329177 0 40681 MS ANDREA BUTEAU VP OF VISITOR, THRU 10/13/23 35.00 0.00 X 260437 0 45973 MS LEAH DAY VANHORN CHIEF OF STAFF & VICE PRESIDENT OF STRATEGIC INITI 35.00 0.00 X 289443 0 47266 MR JOSHUA EHRLICH VICE PRESIDENT OF INFORMATION TECHNOLOGY 35.00 0.00 X 275348 0 34753 MR DAVID SALTONSTALL VICE PRESIDENT FOR GOVERNMENT RELATIONS, POLICY & 35.00 0.00 X 289255 0 34260 6625326 0 678101 87 0 1 0 E W HOWELL CO LLC 245 NEWTON ROAD SUITE 600 PLAINVIEW NY 11803 CONSTRUCTION 13828353 JOHN CIVETTA & SONS INC 1123 BRONX RIVER AVE BRONX NY 10472 CONSTRUCTION 13682731 FGI CORPORATION 1901 AMETHYST STREET BRONX NY 10462 CONSTRUCTION 4154343 KELCO CONSTRUCTION INC 25 NEWTON PLACE HAUPPAUGE NY 11788 CONSTRUCTION 2784867 FINALY GENERAL CONTRACTING CORP 130 WEST 29TH STREET NEW YORK NY 10001 CONSTRUCTION 2700011 82 6447170 78061489 1646768 84508659 PROJECT REVENUE 713990 32382989 32382989 CONTRACT REVENUE 713990 7016025 7016025 PROGRAM FEES 713990 144425 144425 GARDEN PERMIT FEES 713990 52595 52595 39596034 13693043 13693043 52317 52317 275246255 264315844 191834 10930411 -191834 10738577 10738577 373600 6447170 2192782 -1819182 -1819182 1349789 617132 732657 732657 OTHER 713990 535228 535228 DAMAGE REIMBURSEMENT 713990 179583 179583 K-1 PASS-THROUGH LOSSES 525990 -258728 -258728 456083 147958188 39596034 -258728 24112223 X 768606 768606 4898597 1565219 2696015 637363 31264118 22753773 5064276 3446069 2516755 1435643 836791 244321 4662811 3303341 732212 627258 2766448 1860403 593662 312383 34386 34386 121000 121000 241890 241890 553055 553055 7609161 7609161 13126995 8290335 2107164 2729496 716612 109268 562216 45128 4923075 3968006 83902 871167 3488384 2029176 351432 1107776 79696 55482 7712 16502 663982 259649 382564 21769 1261649 964101 86730 210818 1068141 444733 378038 245370 CONSTRUCTION & DESIGN 41990952 41945024 10935 34993 LANDSCAPE 3409444 3409444 FIELD SUPPLIES 2476857 1824726 216899 435232 FACILITY MAINTENANCE 934037 874620 14147 45270 1624130 889796 259142 475192 131200781 96751345 22390274 12059162 3977057 27909586 86927044 63021514 48444745 60292771 10723913 28246262 198336 257995 2110755 2406073 17622473 8789968 1710073 8832505 162404697 132658088 203955297 242091488 4104397 24730353 524556314 590446635 15371133 18301287 120745 1125670 137440 0 4951452 31982633 20580770 51409590 X 143184580 139987095 360790964 399049950 503975544 539037045 524556314 590446635 X 16757407 18415027 -110933 X 0 1 X 1 0 X 44316472 39856615 134489583 120014289 84508659 423185618 217055 217055 124031 0 0 558141 44533527 40073670 134613614 120014289 84508659 423743759 137655142 286088617 5795324 4994455 7482716 2358240 13745360 34376095 -1275361 -40271 848221 481915 -258728 -244224 66006 9264 20248 1255896 714811 2066225 459941855 96354870 0.62200 0.62320 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: DAMAGE REIMBURSEMENT - 2018 AMOUNT: $ 66,006. 2019 AMOUNT: $ 9,264. 2020 AMOUNT: $ 20,248. 2021 AMOUNT: $ 686,520. 2022 AMOUNT: $ 179,583. OTHER REVENUE - 2021 AMOUNT: $ 569,376. 2022 AMOUNT: $ 535,228. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 0 1 241890 241890 0 301467000 3318000 32768000 11120000 326433000 300693000 33535000 -22471000 10290000 301467000 224229313 22513000 63539000 9588000 300693313 230975313 5097000 -2508000 9335000 224229313 235824313 4985000 -701000 9133000 230975313 0.32320 0.41240 0.26440 0 0 5369990 243728 5126262 12252483 8546240 3706243 8832505 LIMITED PARTNERSHIPS 242091488 F 242091488 DEFERRED GIFT ANNUITY LIABILITY 862988 DEFERRED COMPENSATION PLAN 457B 3275643 ACCRUED WAGES 1429734 OPERATING LEASE LIABILITY 26414268 31982633 X 159970199 18415027 699946 -110933 19004040 140966159 7609161 -617132 6992029 147958188 124908698 699946 699946 124208752 7609161 -617132 6992029 131200781 PART V, LINE 4: THE CONSERVANCY'S ENDOWMENT CONSISTS OF 92 INDIVIDUAL FUNDS ESTABLISHED FOR THE FOLLOWING PURPOSES: HORTICULTURE, MAINTENANCE, PRESERVATION, VISITOR SERVICES AND PUBLIC PROGRAMS, EDUCATION, AND GENERAL PROGRAMS OF THE CONSERVANCY, AS WELL AS BOARD DESIGNATED ENDOWMENT. PART X, LINE 2: THE CONSERVANCY FOLLOWS THE PROVISIONS OF ASC TOPIC 740, IMPLEMENTATION GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND DISCLOSURE AMENDMENTS FOR NONPUBLIC ENTITIES (ASC TOPIC 740), IN CONJUNCTION WITH ITS ADOPTION OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (FASB) INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (NOW INCLUDED IN ACCOUNTING STANDARDS CODIFICATION (ASC) SUBTOPIC 740-10, INCOME TAXES - OVERALL). THE CONSERVANCY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE CONSERVANCY'S EXEMPT PURPOSE IS SUBJECT TO TAX. THE CONSERVANCY DID NOT HAVE ANY MATERIAL UNRELATED BUSINESS INCOME TAX LIABILITIES FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -110,933. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED IN EXPENSES FOR FINANCIAL -617,132. STATEMENT REPORTING THAT HAVE BEEN INCLUDED IN REVENUE FOR FORM 990, PART VIII, LINE 10B: PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED IN EXPENSES FOR FINANCIAL -617,132. STATEMENT REPORTING THAT HAVE BEEN INCLUDED IN REVENUE FOR FORM 990, PART VIII, LINE 10B: EUROPE 0 0 INVESTMENTS 48861434 CENTRAL AMERICA / CARIBBEAN 0 0 INVESTMENTS 55921695 NORTH AMERICA 0 0 INVESTMENTS 7792032 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 12692236 0 0 0 0 0 0 125267397 0 125267397 1 0 0 0 1 0 PART I, LINE 3: AMOUNTS REPORTED ON THE ACCRUAL METHOD OF ACCOUNTING. FOREIGN INVESTMENTS: THE CONSERVANCY MAINTAINS INVESTMENTS IN FOREIGN PARTNERSHIPS SUCH AS EUROPE, CENTRAL AMERICA/CARIBBEAN, NORTH AMERICA, AND SUB-SAHARAN AFRICA. ALL RELATED FILINGS FOR THESE INVESTMENTS ARE COMPLETED AND FILED ON A TIMELY BASIS. PART III ACCOUNTING METHOD: X X X X X X 1 THE HARRINGTON AGENCY 329 DICKINSON AVENUE SWARTHMORE PA 19081 PROF FUNDRAISER 0 7804287 553055 7251232 7804287 553055 7251232 AL AK AZ AR CA CO CT DC DE FL GA HI IA ID IL IN KY LA MA MD ME MI MN MO MT NC ND NE NH NJ NM NV NY OH OK OR PA SC SD TX UT VA WA WV WY MS FLO LUNCHEON 4098547 3830347 268200 916567 FALL GALA 1450250 1376200 74050 738957 2 1271973 1240623 31350 537258 6820770 6447170 373600 2192782 2192782 -1819182 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE HARRINGTON AGENCY IS A DIGITAL AGENCY THAT PROVIDES CONSULTING SERVICES TO THE CONSERVANCY WITH RESPECT TO ITS MEMBERSHIP PROGRAMS. PROFESSIONAL FUNDRAISERS FEES ARE BASED ON SPECIFIC SCOPES OF WORK AND ARE NOT CONTINGENT ON FUNDRAISING RESULTS. 1 NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 1 LIBERTY PLAZA NEW YORK NY 10006 455311842 LOCAL GOVERNMENT 250000 0 PROGRAM SUPPORT NATURAL AREAS CONSERVANCY 1234 FIFTH AVENUE NEW YORK NY 10029 461791849 501(C)(3) 132000 0 PROGRAM SUPPORT FUND FOR THE CITY OF NEW YORK INC 121 AVENUE OF THE AMERICAS 6TH FLOOR NEW YORK NY 10013 132612524 501(C)(3) 100000 0 PROGRAM SUPPORT NYC DEPARTMENT OF PARKS & RECREATION 830 5TH AVENUE NEW YORK NY 10065 136400434 LOCAL GOVERNMENT 95281 0 PROGRAM SUPPORT THE PUBLIC THEATER 425 LAFAYETTE STREET NEW YORK NY 10003 131844852 501(C)(3) 46925 0 PROGRAM SUPPORT NEW YORKERS FOR PARKS 55 BROAD STREET 23RD FLOOR NEW YORK NY 10004 136167879 501(C)(3) 20000 0 PROGRAM SUPPORT NY FUND FOR CONSERVATION INC 14 DONELLAN ROAD HAMPTON BAYS NY 11946 813530312 501(C)(3) 15000 0 PROGRAM SUPPORT AMERICAN SOCIETY OF LANDSCAPE ARCHITECTS 205 E 42ND ST 14TH FLOOR NEW YORK NY 10017 136154205 501(C)(3) 10000 0 PROGRAM SUPPORT CITY PARKS ALLIANCE INC 1777 CHURCH STREET NW NEW YORK NY 20036 800015566 501(C)(3) 10000 0 PROGRAM SUPPORT CITY PARKS FOUNDATION 830 5TH AVENUE NEW YORK NY 10065 133561657 501(C)(3) 8300 0 PROGRAM SUPPORT SOUTHERN QUEENS PARK ASSOCIATION INC 177-01 BAISELY BOULEVARD JAMAICA NY 11434 112432846 501(C)(3) 8300 0 PROGRAM SUPPORT SOCRATES SCULPTURE PARK INC 32-01 VERNON BOULEVARD LONG ISLAND CITY NY 11106 113066597 501(C)(3) 8300 0 PROGRAM SUPPORT 12 0 PART I, LINE 2: THE CONSERVANCY PROVIDES ASSISTANCE TO A SMALL NUMBER OF MISSION-RELATED ORGANIZATIONS IT PARTNERS WITH. THE GRANTS ARE DETERMINED AND ADMINISTERED IN CONFORMANCE WITH OUR COLLABORATIVE NON-PROFIT SUPPORT POLICY. A NUMBER OF CAPACITY BUILDING GRANTS WERE AWARDED TO OTHER PARK ORGANIZATIONS AS PART OF THE CONSERVANCY'S INSTITUTE FOR URBAN PARKS. THESE GRANTS ARE SUPPORTED BY DONOR-RESTRICTED FUNDING AND MUST BE USED EXCLUSIVELY FOR THIS PURPOSE. PART II, LINE 4 THE CONSERVANCY MADE GRANTS TO THE CITY OF NEW YORK TO PROVIDE FUNDING FOR SALARIES AND BENEFITS FOR THE CITY TO HIRE ADDITIONAL PARK ENFORCEMENT OFFICERS TO BE DEPLOYED IN CENTRAL PARK. X X X X X 1 1 0 0 0 0 0 1 0 MS ELIZABETH W SMITH EX-OFFICIO (PRESIDENT/CEO) 621783 0 159825 0 357267 0 38363 0 1369 0 1178607 0 0 0 MR STEPHEN SPINELLI CHIEF FINANCIAL OFFICER 426575 0 76646 0 77936 0 35956 0 11365 0 628478 0 0 0 MR CHRISTOPHER NOLAN CHIEF LANDSCAPE ARCHITECT 296908 0 124861 0 139776 0 36820 0 6567 0 604932 0 0 0 MS MARY CARACCIOLI CHIEF COMMUNICATIONS & ENG 340634 0 49139 0 35625 0 35750 0 12469 0 473617 0 0 0 MR ROGER MOSIER CHIEF OF PARK OPER. AS OF 1/30/22 363730 0 58500 0 0 0 35750 0 1896 0 459876 0 0 0 MS GEORGIA SIAMPALIOTI CHIEF OF STRATEGIC, THRU 10/1/22 390525 0 0 0 0 0 33962 0 6446 0 430933 0 0 0 MS ABIGAIL HEALY SENIOR VICE PRESIDENT FOR PHILANTHRO 288171 0 55000 0 21000 0 35750 0 6832 0 406753 0 0 0 MS RENEE PORTER VP FOR FINANCE, THRU 1/20/23 288842 0 41250 0 12750 0 35750 0 8366 0 386958 0 0 0 MR JOHN DILLON VP OF LANDSCAPE, THRU 10/6/23 272396 0 26008 0 22500 0 35773 0 14130 0 370807 0 0 0 MS LANE ADDONIZIO VP FOR PLANNING, THRU 3/3/23 272784 0 25493 0 30900 0 35750 0 4931 0 369858 0 0 0 MS SUZANNE PENNASILICO VICE PRESIDENT FOR PEOPLE 290195 0 27500 0 0 0 35176 0 6832 0 359703 0 0 0 MS SANDRA HUBER SENIOR VICE PRESIDENT FOR CAPITAL PR 273200 0 23124 0 20000 0 34861 0 4985 0 356170 0 0 0 MS LEAH DAY VANHORN CHIEF OF STAFF & VICE PRESIDENT OF S 254680 0 34763 0 0 0 33906 0 13360 0 336709 0 0 0 MR DAVID SALTONSTALL VICE PRESIDENT FOR GOVERNMENT RELATI 254005 0 35250 0 0 0 33913 0 347 0 323515 0 0 0 MR JOSHUA EHRLICH VICE PRESIDENT OF INFORMATION TECHNO 240585 0 34763 0 0 0 33906 0 847 0 310101 0 0 0 MS ANDREA BUTEAU VP OF VISITOR, THRU 10/13/23 237262 0 23175 0 0 0 33326 0 12647 0 306410 0 0 0 PART I, LINE 3 THE COMPENSATION AND MANAGEMENT DEVELOPMENT GROUP OF THE EXECUTIVE COMMITTEE WHICH IS COMPRISED OF INDEPENDENT MEMBERS OF THE GOVERNING BOARD ENGAGED INDEPENDENT EXPERT COMPENSATION CONSULTANTS TO EVALUATE EXECUTIVE COMPENSATION LEVELS AND ESTABLISH PEER-GROUP-BASED BENCHMARKS RELATED TO THE ORGANIZATION'S MISSION. TRUSTEES ROUTINELY EVALUATE MANAGEMENT PERFORMANCE AND COMPENSATION TO ENSURE THAT THE COMPENSATION PROCESS IS APPROPRIATE AND DESIGNED TO ATTRACT AND RETAIN THE BEST TALENT IN THE INDUSTRY. THE COMMITTEE DOCUMENTS COMPENSATION DETERMINATIONS IN THE COMMITTEE MINUTES. PART I, LINES 4A-B THE CONSERVANCY PAID SEVERANCE TO ONE EMPLOYEE DURING 2023. THERE IS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR CERTAIN OFFICERS OF THE CONSERVANCY. CONTRIBUTIONS TO THE PLAN MADE BY THE CONSERVANCY DURING CALENDAR YEAR 2023 TOTALED $495,000. SCHEDULE J, PART I, QUESTION 7 LONG-TERM COMPENSATION PROGRAM: THE CONSERVANCY RECOGNIZES THE INVALUABLE CONTRIBUTION OF ITS CURRENT SENIOR MANAGEMENT TEAM TO ITS ACHIEVEMENTS THUS FAR. IN ORDER TO ENSURE THE RETENTION OF THIS TALENTED TEAM AND TO FOSTER THE ATTRACTION AND DEVELOPMENT OF FUTURE LEADERS, THE ORGANIZATION HAS IMPLEMENTED A COMPREHENSIVE COMPENSATION PROGRAM. THIS PROGRAM IS METICULOUSLY CRAFTED TO: (I) ALIGN REMUNERATION WITH PERFORMANCE METRICS TIED TO THE CONSERVANCY'S STRATEGIC PLAN AND OVERARCHING OBJECTIVES. (II) OFFER A COMPETITIVE COMPENSATION PACKAGE, COMPRISING BASE PAY, BONUSES, AND LONG-TERM INCENTIVES, COMMENSURATE WITH ORGANIZATIONS OF SIMILAR PROFILE. AS SUCH, THE CONSERVANCY'S COMPENSATION FRAMEWORK IS STRUCTURED TO (I) DRIVE AND INCENTIVIZE PRESENT HIGH-PERFORMANCE STANDARDS, (II) ACKNOWLEDGE AND REWARD THE EXPERTISE AND TENURE OF OUR TEAM MEMBERS, AND (III) PROVIDE LONG-TERM INCENTIVES AIMED AT RETAINING KEY MANAGEMENT PERSONNEL PART VII, LINE 15 CHRISTOPHER ATKINSON, VICE PRESIDENT OF FINANCE, BEGAN HIS EMPLOYMENT WITH CENTRAL PARK CONSERVANCY ON JANUARY 23, 2023. BECAUSE HIS TERM OF EMPLOYMENT DID NOT COMMENCE IN CALENDAR YEAR 2022, HIS COMPENSATION IS NOT REPORTED ON THIS 990. CHRISTOPHER ATKINSON'S 2023 COMPENSATION WILL BE REPORTED ON NEXT YEARS FORM 990. X 43 1646768 COMPARABLE SALES 0 1 0 SCHEDULE M, PART I, COLUMN (B) THE NUMBER OF CONTRIBUTIONS ARE BASED ON THE NUMBER OF DONORS. FORM 990, PART I, LINE 1 AND PART III, LINE 1 ORGANIZATION'S MISSION: THE CENTRAL PARK CONSERVANCY OVERSEES ALL ASPECTS OF THE CARE, MAINTENANCE AND RESTORATION OF NEW YORK'S MOST ICONIC PUBLIC SPACE, CENTRAL PARK. THIS WORK ALLOWS THE PARK'S 843-ACRES TO SERVE AS A SOURCE OF RESPITE AND RELAXATION, IMPACTING THE PHYSICAL AND MENTAL WELL-BEING OF CITY RESIDENTS, AND ALL OF THE 40-MILLION PEOPLE WHO VISIT THE PARK EACH YEAR. THE MISSION OF THE CENTRAL PARK CONSERVANCY IS TO PRESERVE AND CELEBRATE CENTRAL PARK AS A SANCTUARY FROM THE PACE AND PRESSURE OF CITY LIFE, ENHANCING THE ENJOYMENT AND WELLBEING OF ALL. OUR GUIDING PRINCIPLE IS THAT CENTRAL PARK IS A MASTERPIECE OF LANDSCAPE ARCHITECTURE CREATED TO PROVIDE A PROFOUNDLY DEMOCRATIC SPACE AND GREEN RESPITE FOR THE CITY AND ALL ITS PEOPLE AND TO ESTABLISH NEW YORK AS ONE OF THE GREAT CITIES OF THE WORLD. THE CONSERVANCY HONORS ITS COMMITMENT TO THIS ICONIC PUBLIC SPACE BY APPLYING ITS DEEP EXPERTISE IN URBAN PARK MANAGEMENT; BY PARTNERING WITH THE COMMUNITY AND THE CITY OF NEW YORK; AND BY MARSHALLING ALL OF THE RESOURCES NECESSARY FOR THE PARK'S LONG-TERM CARE. THE CONSERVANCY'S WORK IS FOUNDED ON THE BELIEF THAT CITIZEN LEADERSHIP AND PRIVATE PHILANTHROPY ARE KEY TO ENSURING THAT THE PARK AND ITS ESSENTIAL PURPOSE ENDURE. HARLEM MEER CENTER: IN FEBRUARY 2019, THE CONSERVANCY ENTERED INTO PLEDGE AGREEMENTS WITH FOUR DONORS TO PROVIDE $100 MILLION (COLLECTIVELY) IN FUNDING TO BE PAID OVER A FIVE-YEAR PERIOD FOR THE CONSTRUCTION, OPERATION AND MANAGEMENT OF A NEW POOL AND ICE RINK. THE PLEDGE AGREEMENTS CONTAINED PROVISIONS THAT THE CONSERVANCY VIEWED AS CONDITIONAL PROMISES. PLEDGE PAYMENTS RECEIVED PRIOR TO MEETING CONDITIONAL PROMISES WERE RECORDED AS DEFERRED REVENUE. IN FISCAL-YEAR 2021, THE CONSERVANCY MET THE DONOR-IMPOSED CONDITIONS TO FULLY RECOGNIZE PLEDGED CONTRIBUTIONS IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. AS OF JUNE 30, 2023, $100K OF CONTRIBUTIONS RECEIVABLE WERE REMAINING TO BE COLLECTED FROM DONORS. FORM 990, PART VI, SECTION A, LINE 2 BOARD RELATIONSHIPS: A RELATIONSHIP QUESTIONNAIRE IS DISTRIBUTED TO THE CONSERVANCY'S BOARD OF TRUSTEES ON AN ANNUAL BASIS. THE FOLLOWING TRUSTEES DISCLOSED INTER-BOARD RELATIONSHIPS DURING FISCAL-YEAR 2023: 1. MR. JEFF BLAU HAS A BUSINESS RELATIONSHIP WITH DR. ANGELA DIAZ, JONATHAN KORNGOLD, ROBERT LIEBER, NELLE MILLER, ERIC RUDIN, JEFF TARR, JR., E. JOHN ROSENWALD, JR., AND HENRY R. KRAVIS. MR. JEFF BLAU'S FIRM IS A MEMBER OF WOLLMAN PARK PARTNERS, LLC, A JOINT VENTURE ENTITY WHICH WAS AWARDED A CONTRACT BY THE NEW YORK CITY PARKS DEPARTMENT TO MAINTAIN AND OPERATE THE WOLLMAN RINK. 2. MS. JANE HELLER HAS A BUSINESS RELATIONSHIP WITH JUDY HART ANGELO. 3. MR. BARRY WOLF HAS A BUSINESS RELATIONSHIP WITH IRA MILLSTEIN (LAW PARTNER). 4. MS. NANAR YOSELOFF'S HUSBAND, ANTHONY YOSELOFF, HAS A BUSINESS RELATIONSHIP WITH THOMAS L. KEMPNER, JR. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990: THE CENTRAL PARK CONSERVANCY'S FORM 990 WAS PREPARED BY THEIR INDEPENDENT TAX PREPARER BASED ON INFORMATION PROVIDED BY THE ORGANIZATION'S FINANCE AND MANAGEMENT PERSONNEL. THE FORM 990 WAS REVIEWED BY THE ORGANIZATION'S MANAGEMENT PRIOR TO FILING THE RETURN WITH THE IRS. ON MARCH 12, 2024, THE CENTRAL PARK CONSERVANCY'S BOARD CHAIR, TREASURER, CHAIR OF THE AUDIT COMMITTEE, CHAIR OF THE FINANCE COMMITTEE, AND GENERAL COUNSEL MET WITH MANAGEMENT AND INDEPENDENT TAX PREPARER TO REVIEW THE FORM 990 AND ON MARCH 12, 2024 THE 990 WAS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT-OF-INTEREST, RELATED PARTY TRANSACTION AND ETHICS POLICY: THE CENTRAL PARK CONSERVANCY RATIFIES THE CONFLICT OF INTEREST POLICY ANNUALLY. EACH TRUSTEE, OFFICER, AND KEY EMPLOYEE IS REQUIRED TO SIGN A COPY OF THE POLICY AND PROVIDE A CERTIFIED ACKNOWLEDGEMENT THAT THEY HAVE READ AND DISCLOSED ANY CONFLICTS. COPIES OF THESE SIGNED POLICIES ALONG WITH TRUSTEE DISCLOSURES ARE KEPT ON FILE AT THE CENTRAL PARK CONSERVANCY'S HEADQUARTERS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION: THE COMPENSATION AND MANAGEMENT DEVELOPMENT GROUP OF THE EXECUTIVE COMMITTEE WHICH IS COMPRISED OF INDEPENDENT MEMBERS OF THE GOVERNING BOARD ENGAGED INDEPENDENT EXPERT COMPENSATION CONSULTANTS TO EVALUATE EXECUTIVE COMPENSATION LEVELS AND ESTABLISH PEER GROUP BASED BENCHMARKS RELATED TO THE ORGANIZATION'S MISSION. TRUSTEES ROUTINELY EVALUATE MANAGEMENT PERFORMANCE AND COMPENSATION TO ENSURE THAT THE COMPENSATION PROCESS IS APPROPRIATE AND DESIGNED TO ATTRACT AND RETAIN THE BEST TALENT IN THE INDUSTRY. THE COMMITTEE DOCUMENTS ANY COMPENSATION DETERMINATIONS IN THE COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS: THE BYLAWS, ANNUAL REPORTS, AUDITED FINANCIAL STATEMENTS, IRS FORM 990 DOCUMENTS, CONFLICT OF INTEREST POLICY AND PRIVACY POLICY OF THE CENTRAL PARK CONSERVANCY ARE ALL AVAILABLE ONLINE AT WWW.CENTRALPARKNYC.ORG. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 8,290,335. MANAGEMENT AND GENERAL EXPENSES 2,107,164. FUNDRAISING EXPENSES 2,729,496. TOTAL EXPENSES 13,126,995. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -110,933.