2024-07-13T14:42:05-05:00 2023-08-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2022-09-01 131096640 NEW YORK ATHLETIC CLUB NEWY 2127677030 180 CENTRAL PARK SOUTH NEW YORK NY 100191562 JANE KELSEY TREASURER 2127677030 2024-04-18 1 JANE KELSEY 999009999 0 ALEXANDER LAZZARUOLO P01775353 2126617777 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JANE KELSEY 180 CENTRAL PARK SOUTH NEW YORK NY 100191562 75553995 0 X WWW.NYAC.ORG X 1868 NY PROMOTE AMATEUR SPORTS, EXERCISE & ATHLETICS OF EVERY KIND & ENCOURAGE PHYSICAL FITNESS 19 19 583 90 9580036 835824 332722 330215 27505205 30494157 121408 1019336 24581872 35547436 52541207 67391144 334185 442990 0 0 28709838 34490621 0 0 0 23426865 27108391 52470888 62042002 70319 5349142 77922863 84467824 7243518 8573349 70679345 75894475 X SEE SCHEDULE O. 0 0 THE NEW YORK ATHLETIC CLUB (THE "CLUB") IS A MEMBER OWNED PRIVATENOT-FOR-PROFIT CLUB ORGANIZED IN 1868. THE PURPOSE OF THE CLUB ISTO PROMOTE AMATEUR SPORTS, EXERCISE AND ATHLETICS OF EVERY KINDAND TO ENCOURAGE PHYSICAL FITNESS. THE CLUB IS FUNDED PRIMARILYTHROUGH DUES, FEES AND CHARGES TO THE MEMBERSHIP FOR USE OF THEFACILITIES. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 108 0 1 583 1 1 1 0 0 0 1 1 4316620 9409719 0 0 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X EDWARD NAPOLITANO 2127677030 180 CENTRAL PARK SOUTH NEW YORK NY 100191562 X JOHN DUGGAN PRESIDENT 4.00 X X 0 0 0 EDWARD A SMITH VICE PRESIDENT 4.00 X X 0 0 0 JANE KELSEY TREASURER 4.00 X X 0 0 0 MICHAEL T GREASON SECRETARY 4.00 X X 0 0 0 CINDY SPERA CAPTAIN 4.00 X X 0 0 0 THOR O'CONNELL GOVERNOR 4.00 X 0 0 0 SHAWN C BASLER GOVERNOR 4.00 X 0 0 0 BRUCE M DICICCO GOVERNOR 4.00 X 0 0 0 JOSEPH H MANGAN GOVERNOR 4.00 X 0 0 0 MARK S KIELY GOVERNOR 4.00 X 0 0 0 ANTHONY J LA SALA GOVERNOR 4.00 X 0 0 0 WILLIAM F TAUBNER GOVERNOR 4.00 X 0 0 0 EDMUND Q SYLVESTER GOVERNOR 4.00 X 0 0 0 BETTE S RICE GOVERNOR 4.00 X 0 0 0 IVAN O'DONNELL GOVERNOR 4.00 X 0 0 0 JAMES D HERSCHLEIN GOVERNOR 4.00 X 0 0 0 COURTNEY H BENENSON GOVERNOR 4.00 X 0 0 0 ROBERT PETIT GOVERNOR 4.00 X 0 0 0 RICHARD LINDQUIST GOVERNOR 4.00 X 0 0 0 ROGER SIMON GENERAL MANAGER 40.00 X 369462 0 45665 EDWARD NAPOLITANO DIRECTOR OF FINANCE & ADMI 40.00 X 295420 0 50503 JAMES O'BRIEN DIRECTOR OF COMMUNICATION 40.00 X 216303 0 21102 DANIEL PEREZ ASSISTANT GENERAL MANAGER 40.00 X 248240 0 21961 ANDREW HALPER DIRECTOR OF HUMAN RESOURCE 40.00 X 209413 0 46378 GREGORY TOPF DIRECTOR OF TECHNOLOGY 40.00 X 192097 0 32672 CHRISTOPHER WELLENBRINK CONTROLLER 40.00 X 185405 0 39576 1716340 0 257857 19 0 1 0 RIPPA TENNIS INC 701 PELHAM ROAD APT 3L NEW ROCHELLE NY 10805 TENNIS PRO 523395 VENABLE LLP 151 W 42ND ST NEW YORK NY 10036 LEGAL SERVICES 348819 TOP FLIGHT MUSIC LLC 2728 HENRY HUDSON PARKWAY RIVERDALE NY 10463 LIVE MUSICIAN 183020 3 330215 330215 MEMBERSHIP DUES 900099 22398115 22398115 INITIATION FEES 900099 4316620 4316620 OPERATING ASSESSMENT 900099 3779422 3779422 30494157 463422 463422 979347 423433 555914 555914 555914 40766535 7739418 33027117 24593888 8433229 CARES ACT - ERTC 900099 2258155 2258155 WINGED FOOT MAGAZINE 541800 231950 134693 97257 CREDIT CARD REBATE 900099 30214 30214 2520319 67391144 55222738 9580036 2258155 50000 392990 805452 24687261 1132909 5244180 2620819 440317 131998 274330 855834 5504212 344819 5300239 1766461 EQUIP. MAINT. & RENTALS 4139226 SUPPLIES 1269083 OUTSIDE LAUNDRY SERVICE 1223346 UNRELATED BUS. INC. TAX 39738 5818788 62042002 15315569 7798040 4259831 19069284 3042331 3003342 902321 914052 2259500 2542424 169295788 126125603 44596298 43170185 7547013 7970497 77922863 84467824 4934301 6434003 2309217 2139346 7243518 8573349 X 70679345 75894475 70679345 75894475 77922863 84467824 5349142 -134012 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13225060 5146835 618668 4232655 14757908 10993608 4739518 -652039 1856027 13225060 9112667 2734927 1723135 2577121 10993608 8018915 2361935 473394 1741577 9112667 7205337 3276698 88981 2552101 8018915 1.00000 0 0 3068715 3068715 166227073 126125603 40101470 43170185 1123747 UNEARNED REVENUE 828024 TAXES PAYABLE AND ACCRUED 187575 2139346 75034550 -134012 7777418 7643406 67391144 0 67391144 69819420 7777418 7777418 62042002 0 62042002 PART V, LINE 4: BOARD DESIGNATED ASSETS CONSIST OF THE ENDOWMENT FUND, THE REHABILITATION FUND, PRESERVATION FUND, EMPLOYEE PROVIDENT FUND AND VARIOUS TRUST FUNDS. EXPENDITURES FROM THE REHABILITATION FUND, PRESERVATION FUND, AND PROVIDENT FUND REQUIRE THE APPROVAL OF THE BOARD OF GOVERNORS. CERTAIN OF THE TRUST FUNDS ARE RESTRICTED FOR SPECIFIC PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 7,739,418. DEFERRED TAXES 38,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 7,739,418. DEFERRED TAXES 38,000. 1 NATIONAL FOOTBALL FOUNDATION 433 LAS CAROLINAS BLVD STE 1130 IRVING TX 07539 221508812 501(C)(3) 18000 0 SPONSORSHIP AL OERTER FOUNDATION 4753 ESTERO BLVD 1401 FT MYERS BEACH FL 33931 205915125 501(C)(3) 10000 0 SPONSORSHIP 2 STIPENDS 55 392990 PART I, LINE 2: THE BUDGET FOR TOTAL DONATIONS IS APPROVED BY THE BOARD OF GOVERNORS. THE BOARD VOTES AT THE BOARD OF GOVERNOR'S MEETING AND A LETTER IS SENT OUT FOR EACH DONATION THAT IS MADE TO AN ORGANIZATION. THE ACKNOWLEDGEMENT LETTER FROM THE RECIPIENT ORGANIZATION IS KEPT ON FILE AT THE CLUB. THE BOARD APPROVES THE ANNUAL ATHLETICS BUDGETS. THE ATHLETIC COMMITTEE MEETS MONTHLY TO REVIEW ATHLETIC EXPENDITURES. THE CHAIRS OF EACH SPORT DISCUSSES THE NEED FOR STIPENDS AND OTHER EXPENDITURES BASED UPON PERFORMANCE AND NEED; AFTER WHICH HE OR SHE MAKES A MOTION FOR APPROVAL. ONCE THE MOTION IS APPROVED BY THE ATHLETIC COMMITTEE, IT IS SENT TO THE BOARD OF GOVERNORS FOR FINAL APPROVAL. THE STIPENDS AND EXPENDITURES ARE ONLY PAID IF THE MOTION IS APPROVED BY THE BOARD OF GOVERNORS AT ITS MONTHLY MEETING. X 1 1 X X X 0 0 0 ROGER SIMON GENERAL MANAGER 319462 0 50000 0 0 0 14400 0 31265 0 415127 0 0 0 EDWARD NAPOLITANO DIRECTOR OF FINANCE & ADMI 268420 0 27000 0 0 0 15111 0 35392 0 345923 0 0 0 DANIEL PEREZ ASSISTANT GENERAL MANAGER 206240 0 42000 0 0 0 10032 0 11929 0 270201 0 0 0 ANDREW HALPER DIRECTOR OF HUMAN RESOURCE 177413 0 32000 0 0 0 10986 0 35392 0 255791 0 0 0 JAMES O'BRIEN DIRECTOR OF COMMUNICATION 193303 0 23000 0 0 0 10575 0 10527 0 237405 0 0 0 CHRISTOPHER WELLENBRINK CONTROLLER 161905 0 23500 0 0 0 9815 0 29761 0 224981 0 0 0 GREGORY TOPF DIRECTOR OF TECHNOLOGY 168597 0 23500 0 0 0 10054 0 22618 0 224769 0 0 0 PART III - LINE 1 THE NEW YORK ATHLETIC CLUB (THE "CLUB") IS A CORPORATION AS DEFINED IN SUBPARAGRAPH (A)(5) OF SECTION 102 OF THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK AND IS A PRIVATE MEMBERSHIP ORGANIZATION. THE CLUB IS A TYPE A NOT-FOR-PROFIT CORPORATION UNDER SECTION 201 OF THE N.Y. NOT-FOR-PROFIT CORPORATION LAW. THE PURPOSES OF THE CLUB, NOT FOR PECUNIARY PROFIT OR FINANCIAL GAIN, ARE TO PROMOTE SPORTS, EXERCISE, AND ATHLETICS OF EVERY KIND AND TO ENCOURAGE PHYSICAL FITNESS. FORM 990, PART VI, SECTION A, LINE 6 THE NEW YORK ATHLETIC CLUB WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. THE CATEGORIES OF MEMBERSHIP ARE COMPRISED OF THE FOLLOWING CATEGORIES: LIFE, SENIOR, RESIDENT, PAST PRESIDENTS, NON-RESIDENTS, ASSOCIATE, CHILDREN OF MEMBERS, ATHLETIC, CLERGY, OLYMPIC CHAMPION, MILITARY SERVICE AND HONORARY AND SPECIAL. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE SUBMITS A SLATE OF CANDIDATES TO THE BOARD TO BE VOTED ON BY THE MEMBERS. THE GOVERNORS AND OFFICERS ARE ELECTED BY THE MEMBERS AT THE ANNUAL MEETING. THE CLASS OF VOTING MEMBERS SHALL COMPRISE THE FOLLOWING CATEGORIES: LIFE, SENIOR, RESIDENT AND PAST PRESIDENT. THE BOARD OF GOVERNORS SHALL FILL, BY APPOINTMENT, ANY ELECTIVE OFFICE THAT SHALL BECOME VACANT PRIOR TO THE EXPIRATION OF THE TERM OF SUCH OFFICE AND UNTIL A SUCCESSOR IS ELECTED. FORM 990, PART VI, SECTION A, LINE 7B THE CONSTITUTION MAY BE AMENDED BY VOTE OF TWO-THIRDS OF THE VOTING MEMBERS OF THE CLUB PRESENT IN PERSON OR BY PROXY AT ANY MEETING, PROVIDED THAT SUCH PROPOSED AMENDMENT SHALL FIRST BE SPONSORED BY (1) THE BOARD OF GOVERNORS, UPON A TWO-THIRDS VOTE OF THE BOARD, OR (2) THE VOTING MEMBERS OF THE CLUB. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT PREPARES THE 990. UPON COMPLETION, THE CLUB'S INDEPENDENT ACCOUNTANTS AND DIRECTOR OF FINANCE REVIEW AND APPROVE THE 990 FOR SUBMISSION TO THE A&A COMMITTEE FOR REVIEW. THE A&A COMMITTEE AT A SPECIAL MEETING REVIEWS THE 990 IN DETAIL WITH MANAGEMENT. UPON APPROVAL BY THE A&A COMMITTEE MEETING, THE ACCOUNTING CHAIR REVIEWS THE FORM 990 IN DETAIL WITH THE BOARD, WHERE MANAGEMENT IS ALSO IN ATTENDANCE. AFTER THAT REVIEW, THE BOARD APPROVES FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO GOVERNORS, OFFICERS, KEY EMPLOYEES AND COMMITTEE MEMBERS ANNUALLY. ALL SUCH INDIVIDUALS MUST ATTEST THAT THEY ARE NOT ENGAGED IN ANY CONFLICT OF INTEREST AS DEFINED AS: "NO OFFICER, GOVERNOR OR COMMITTEE PERSON OF THE CLUB SHALL DIRECTLY OR INDIRECTLY, BENEFIT FINANCIALLY FROM OR BECOME INTERESTED IN ANY CONTRACT OR TRANSACTION RELATING TO THE OPERATION AND/OR REAL ESTATE OF THE CLUB OR IN ANY CONTRACT OR TRANSACTION FOR THE FURNISHING OF SUPPLIES OR SERVICES THERETO". IF THERE IS A CONFLICT, THE TRANSACTION MUST THEN BE AUTHORIZED BY THE VOTE OF TWO-THIRDS OF THE ENTIRE BOARD OF GOVERNORS, EXCLUSIVE OF THE VOTE OR VOTES OF ANY INTERESTED GOVERNOR. THE CLUB HAS INTERPRETED THE PHRASE "OFFICER, GOVERNOR OR COMMITTEEMAN" TO INCLUDE THEIR SPOUSE, CHILDREN, PARENTS, SIBLINGS OR A PERSON WHOM THEY HAVE A BUSINESS OR PROFESSIONAL RELATIONSHIP AND/OR EACH FIRM IN WHICH THEY SHALL HAVE A PRESENT OR POTENTIAL INTEREST. THE SIGNED CONFLICT OF INTEREST POLICIES ARE REVIEWED BY THE DIRECTOR OF FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 15 THE CLUB USES A COMPENSATION COMMITTEE WHICH USES COMPENSATION SURVEYS OF COMPARABLE DATA AS PART OF ITS REVIEW ALONG WITH OTHER PERTINENT INFORMATION, IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMPENSATION COMMITTEE PERFORMS AN ANNUAL REVIEW OF THE EXECUTIVE COMMITTEE EMPLOYEE SALARIES AND SUBMITS A SUMMARY REVIEW FOR THE BOARD TO APPROVE. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, HOWEVER THE CLUB'S FINANCIAL STATEMENTS ARE PROVIDED TO ALL CLUB MEMBERS ANNUALLY. NYAC ATHLETE'S FUND INC 180 CENTRAL PARK SOUTH NEW YORK NY 10019 133570181 PART VII NY 501(C)(3) 509(A)(1) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 NYAC ATHLETE'S FUND INC O 29089 FMV NYAC ATHLETE'S FUND INC R 127800 FMV PART V - LINE 1R & LINE 2(3) THE CLUB ACTS AS AN AGENT FOR THE FUND FROM TIME TO TIME WITH RESPECT TO THE RECEIPT OF FUNDS ON BEHALF OF THE FUND. SUCH FUNDS ARE RECEIVED BY THE CLUB AND TRANSFERRED TO THE FUND.