2023-05-01T09:52:12-05:00 2022-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2021-07-01 133022855 CENTRAL PARK CONSERVANCY INC CENT 2123106600 717 FIFTH AVENUE 5TH FL NEW YORK NY 10022 STEPHEN SPINELLI CHIEF FINANCIAL OFFICER 2123106600 2023-04-27 1 STEPHEN SPINELLI 999009999 WILLIAM EPSTEIN P01307171 2129498700 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z X STEPHEN SPINELLI 717 FIFTH AVENUE 5TH FL NEW YORK NY 10022 429442944 0 X WWW.CENTRALPARKNYC.ORG X 1980 NY SEE SCHEDULE O. 54 53 400 1329 481915 82741 134489583 120014289 14467308 14090747 22932602 13217499 816916 469514 172706409 147792049 288164 365286 0 0 34513840 39776447 342000 461633 10150786 46146533 52882793 81290537 93486159 91415872 54305890 502467688 524556314 22488813 20580770 479978875 503975544 X SEE SCHEDULE O. 0 0 28173689 5000 11504119 DESIGN AND CONSTRUCTION IN CONNECTION WITH THE RESTORATION OF CENTRAL PARK AS AMERICA'S FOREMOST URBAN PUBLIC SPACE. THE CONSERVANCY HAS CARRIED OUT A RESTORATION MANAGEMENT PLAN FOR THE PARK, AND MANAGED THE CAPITAL RESTORATION OF A NUMBER OF SIGNIFICANT LANDSCAPES AND FACILITIES. 27552902 117702 2435570 AS THE OFFICIAL MANAGER OF CENTRAL PARK, THE CONSERVANCY IS RESPONSIBLE FOR THE DAY-TO-DAY MAINTENANCE 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. 4405241 242584 151058 THE CONSERVANCY'S 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 FIVE FOLLOWING VISITOR CENTERS IN THE PARK: CHARLES A. DANA DISCOVERY CENTER, NORTH MEADOW RECREATION CENTER, BELVEDERE CASTLE, THE DAIRY VISTOR CENTER AND GIFT SHOP, AND CHESS AND CHECKERS HOUSE. 2799112 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 OTHER NYC PARKS' THROUGHOUT THE FIVE BOROUGHS TO SHARE OUR BEST PRACTICES IN URBAN PARK MANAGEMENT. 2799112 62930944 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 1 150 0 400 1 1 1 0 0 0 0 1 1 0 0 0 0 0 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 RI 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 EX-OFF/CLA (CP ADMIN) THRU 2/22/22 35.00 0.00 X X 510401 0 54985 MS ELIZABETH W SMITH EX-OFFICIO (PRESIDENT/CEO) 35.00 0.00 X X 703227 0 36575 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 TRUSTEE 1.00 0.00 X X 0 0 0 MR JEFF T BLAU GENERAL TRUSTEE 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 & REC COMMISSIONER) 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 MS ALICE GOTTESMAN 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 COUNSEL & GENERAL TRUSTEE 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 (MAYOR) 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 TRUSTEE 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 CHARLES MYERS APPOINTED TRUSTEE (MAYORAL) 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 YESIM PHILIP 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 MS LIZ HILTON SEGEL 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 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 539461 0 54803 MS MARY CARACCIOLI CHIEF COMMUNICATIONS & ENGAGEMENT OFFICER 35.00 0.00 X 329765 0 57311 MS RENEE PORTER VICE PRESIDENT FOR FINANCE 35.00 0.00 X 302646 0 42184 MS GEORGIA SIAMPALIOTI CHIEF OF STRATEGIC PHILANTHROPY 35.00 0.00 X 85615 0 23876 MR ROGER MOSIER CHIEF OF PARK OPER. AS OF 1/30/22 35.00 0.00 X 0 0 0 MR JOHN DILLION VICE PRESIDENT OF LANDSCAPE MANAGEMENT 35.00 0.00 X 277541 0 58282 MS ABIGAIL HEALY VICE PRESIDENT FOR DEVELOPMENT & CAMP 35.00 0.00 X 271094 0 58159 MS SUZANNE PENNASILICO VICE PRESIDENT FOR PEOPLE & CULTURE 35.00 0.00 X 296654 0 45910 MR DAMON BENNETT CHIEF OF PARK OPER. THRU 6/22/21 35.00 0.00 X 333592 0 35400 MS LANE ADDONIZIO VICE PRESIDENT FOR PLANNING CAPITAL PROJ. ADMIN 35.00 0.00 X 310043 0 42351 MS KATHRYN ORTIZ CONTROLLER THRU 12/18/21 35.00 0.00 X 278406 0 31676 MS ANDREA BUTEAU VICE PRESIDENT OF VISITOR EXPERIENCE 35.00 0.00 X 271691 0 61136 MS LEAH DAY VANHORN CHIEF OF STAFF & VICE PRESIDENT OF STRATEGIC INITI 35.00 0.00 X 264456 0 55803 4774592 0 658451 71 0 1 0 JOHN CIVETTA & SONS INC 1123 BRONX RIVER AVE BRONX NY 10472 CONSTRUCTION 5587379 E W HOWELL CO LLC 245 NEWTON ROAD SUITE 600 PLAINVIEW NY 11803 CONSTRUCTION 3035549 MITCHELL GIURGOLA ARCHITECTS LLP 630 NINTH AVENUE SUITE 711 NEW YORK NY 10036 CONSTRUCTION 1580740 ALMSTEAD TREE & SHRUB CARE COMPANY 58 BEECHWOOD AVENUE NEW ROCHELLE NY 10801 TREE CARE SERVICE 1473211 GRACIANO CORPORATION 209 SIGMA DRIVE PITTSBURGH PA 15238 CONSTRUCTION 1099832 60 7618736 5428018 106967535 1924584 120014289 PROJECT REVENUE 713990 11504119 11504119 CONTRACT REVENUE 713990 2435570 2435570 PROGRAM FEES 713990 86058 86058 GARDEN PERMIT FEES 713990 65000 65000 14090747 2306465 2306465 51775 51775 289869716 278958682 10911034 10911034 10911034 425350 7618736 2292374 -1867024 -1867024 946791 399839 546952 546952 DAMAGE REIMBURSEMENT 900009 686520 686520 K-1 PASS-THROUGH GAINS 525990 481915 481915 569376 569376 1737811 147792049 14090747 481915 13205098 X 365286 365286 4113552 993192 2654932 465428 26197691 19033334 4135771 3028586 1666194 1115896 358882 191416 5461672 3652356 1214671 594645 2337338 1597125 432667 307546 125422 125422 114962 114962 265640 265640 461633 461633 6956771 6956771 9705271 6140862 1810905 1753504 920088 9005 792278 118805 3040928 2284389 65554 690985 2225615 1290631 222923 712061 50962 39861 3874 7227 400197 147851 229993 22353 1063429 891367 82864 89198 855437 401585 234638 219214 CONSTRUCTION & DESIGN 17052579 17052579 LANDSCAPE 2930637 2930637 FIELD SUPPLIES 2060327 1340347 271648 448332 PRINTING & PUBLICATIONS 362844 127527 78025 157292 4751684 3517114 352009 882561 93486159 62930944 20404429 10150786 X 1278082 3977057 101597662 86927044 56536022 48444745 7188658 10723913 159776 198336 1661848 2110755 14494287 12784214 2407113 1710073 93799982 162404698 233203576 203955296 4634969 4104397 502467688 524556314 9838103 15371133 1251696 120745 5504903 137440 5894111 4951452 22488813 20580770 X 107037769 143184580 372941106 360790964 479978875 503975544 502467688 524556314 X 54305890 -30242973 -66248 X 0 1 X 1 0 X 51819161 44316472 39856615 134489583 120014289 390496120 248063 217055 217055 124031 0 806204 52067224 44533527 40073670 134613614 120014289 391302324 130091711 261210613 6196301 5795324 4994455 7482716 2358240 26827036 -328932 -1275361 -40271 848221 481915 -314428 66006 9264 20248 1255896 1351414 419166346 69359251 0.62320 0.65080 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: DAMAGE REIMBURSEMENT - 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 66,006. 2019 AMOUNT: $ 9,264. 2020 AMOUNT: $ 20,248. 2021 AMOUNT: $ 686,520. OTHER REVENUE - 2021 AMOUNT: $ 569,376. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 0 1 265640 265640 0 0 300693000 33535000 -22471000 10290000 301467000 224229313 22513000 63539000 9588000 300693313 230975313 5097000 -2508000 9335000 224229313 235824313 4985000 -701000 9133000 230975313 220430313 5708000 18018000 8332000 235824313 0.32600 0.24130 0.43270 0 0 2324210 2071525 252685 12170077 10712689 1457388 1710073 LIMITED PARTNERSHIPS 203955296 F 203955296 DEFERRED GIFT ANNUITY LIABILITY 938512 DEFERRED COMPENSATION PLAN 457B 2754321 LONG TERM DEFERRED COMPENSATION 309665 ACCRUED WAGES 948954 4951452 X 111525851 -30242973 599955 -66248 -29709266 141235117 6956771 -399839 6556932 147792049 87529182 599955 599955 86929227 6956771 -399839 6556932 93486159 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, 2022 AND 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -66,248. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED IN EXPENSES FOR FINANCIAL STATEMENT REPORTING THAT HAVE BEEN INCLUDED IN REVENUE FOR FORM 990, PART VIII, LINE 10B: -399,839. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED IN EXPENSES FOR FINANCIAL STATEMENT REPORTING THAT HAVE BEEN INCLUDED IN REVENUE FOR FORM 990, PART VIII, LINE 10B: -399,839. EUROPE 0 0 INVESTMENTS 39664158 CENTRAL AMERICA / CARIBBEAN 0 0 INVESTMENTS 34672168 NORTH AMERICA 0 0 INVESTMENTS 9832108 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 12292921 0 0 0 0 0 0 96461355 0 96461355 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 7401766 461633 6904133 7401766 461633 6904133 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 VT WA WV WY FLO LUNCHEON 3896412 3621612 274800 891793 40TH ANNIVERSARY 2846892 2821692 25200 816741 2 1300782 1175432 125350 583840 8044086 7618736 425350 2292374 2292374 -1867024 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 NYC DEPARTMENT OF PARKS & RECREATION 830 5TH AVENUE NEW YORK NY 10065 136400434 NYC PARKS AND REC 69569 0 PROGRAM SUPPORT THE PUBLIC THEATER 425 LAFAYETTE STREET NEW YORK NY 10003 131844852 501(C)(3) 48133 0 PROGRAM SUPPORT NEW YORKERS FOR PARKS 55 BROAD STREET 23RD FLOOR NEW YORK NY 10004 136167879 501(C)(3) 25000 0 PROGRAM SUPPORT CENTRAL PARK MEDICAL UNIT INC PO BOX 440 NEW YORK NY 10028 112516283 501(C)(3) 25000 0 PROGRAM SUPPORT CIVIC CENTER CONSERVANCY 1410 GRANT ST STE C205 DENVER CO 80203 202214279 501(C)(3) 25000 0 PROGRAM SUPPORT NATIONAL ASSOCIATION FOR OLMSTED PARKS 1200 18TH STREET NW SUITE 700 WASHINGTON DC 20036 133052765 501(C)(3) 25000 0 PROGRAM SUPPORT THE ARBORETUM FOUNDATION 2300 ARBORETUM DRIVE EAST SEATTLE WA 98112 910613583 501(C)(3) 25000 0 PROGRAM SUPPORT THE PROVIDENCE FOUNDATION 30 EXCHANGE TERRACE PROVIDENCE RI 02903 237423032 501(C)(3) 25000 0 PROGRAM SUPPORT TULSA COMMUNITY FOUNDATION 7030 S YALE AVE SUITE 600 TULSA OK 74136 731554474 501(C)(3) 25000 0 PROGRAM SUPPORT CITY PARKS ALLIANCE INC 1777 CHURCH STREET NW WASHINGTON DC 20036 800015566 501(C)(3) 22585 0 PROGRAM SUPPORT USICOMOS 1701 PENNSYLVANIA AVENUE NY SUITE 200 WASHINGTON DC 20006 237366110 501(C)(3) 10000 0 PROGRAM SUPPORT FRIENDS OF MORNINGSIDE PARK PO BOX 250228 NEW YORK NY 10025 133155238 501(C)(3) 8333 0 PROGRAM SUPPORT PROSPECT PARK ALLIANCE 95 PROSPECT PARK WEST BROOKLYN NY 11215 112843763 501(C)(3) 8333 0 PROGRAM SUPPORT QUEENS BOTANICAL GARDEN 4350 MAIN STREET FLUSHING NY 11355 111635083 501(C)(3) 8333 0 PROGRAM SUPPORT 14 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 1 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 0 1 0 0 0 0 0 1 0 MS ELIZABETH W SMITH EX-OFFICIO (PRESIDENT/CEO) 548057 0 155170 0 0 0 34311 0 2264 0 739802 0 0 0 MR STEPHEN SPINELLI CHIEF FINANCIAL OFFICER 364160 0 74414 0 100887 0 34085 0 20718 0 594264 0 0 0 MR CHRISTOPHER NOLAN EX-OFF/CLA (CP ADMIN) THRU 2/22/22 357125 0 73161 0 80115 0 34094 0 20891 0 565386 0 0 0 MS MARY CARACCIOLI CHIEF COMMUNICATIONS & ENGAGEMENT OF 289557 0 40208 0 0 0 34560 0 22751 0 387076 0 0 0 MR DAMON BENNETT CHIEF OF PARK OPER. THRU 6/22/21 333592 0 0 0 0 0 26231 0 9169 0 368992 0 0 0 MS LANE ADDONIZIO VICE PRESIDENT FOR PLANNING CAPITAL 220543 0 49500 0 40000 0 34030 0 8321 0 352394 0 0 0 MS RENEE PORTER VICE PRESIDENT FOR FINANCE 249248 0 53398 0 0 0 34017 0 8167 0 344830 0 0 0 MS SUZANNE PENNASILICO VICE PRESIDENT FOR PEOPLE & CULTURE 246654 0 50000 0 0 0 34164 0 11746 0 342564 0 0 0 MR JOHN DILLION VICE PRESIDENT OF LANDSCAPE MANAGEME 227041 0 50500 0 0 0 33831 0 24451 0 335823 0 0 0 MS ANDREA BUTEAU VICE PRESIDENT OF VISITOR EXPERIENCE 226691 0 45000 0 0 0 33052 0 28084 0 332827 0 0 0 MS ABIGAIL HEALY VICE PRESIDENT FOR DEVELOPMENT & CAM 217696 0 53398 0 0 0 33437 0 24722 0 329253 0 0 0 MS LEAH DAY VANHORN CHIEF OF STAFF & VICE PRESIDENT OF S 219456 0 45000 0 0 0 33052 0 22751 0 320259 0 0 0 MS KATHRYN ORTIZ CONTROLLER THRU 12/18/21 278406 0 0 0 0 0 31329 0 347 0 310082 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, LINE 4B THERE IS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR CERTAIN OFFICERS OF THE CONSERVANCY. CONTRIBUTIONS TO THE PLAN MADE BY THE CONSERVANCY DURING CALENDAR YEAR 2021 TOTALED $451,000. SCHEDULE J, PART I, QUESTION 7 LONG-TERM COMPENSATION PROGRAM: THE CONSERVANCY'S CURRENT SENIOR MANAGEMENT TEAM HAS BEEN CRITICAL TO ITS SUCCESS TO DATE. RETAINING THIS TEAM AND PROVIDING FOR THE ATTRACTION AND DEVELOPMENT OF FUTURE LEADERS REQUIRES, AMONG OTHER THINGS, A COMPENSATION PROGRAM THAT: (I) ALIGNS PAY WITH PERFORMANCE AGAINST THE CONSERVANCY'S STRATEGIC PLAN AND OVERALL OBJECTIVES; AND (II) PROVIDES A PAY PACKAGE THAT IS COMPETITIVE WITH ORGANIZATIONS THAT HAVE SIMILAR PROFILES. CONSEQUENTLY, THE CONSERVANCY'S COMPENSATION PROGRAM IS DESIGNED TO: (I) MOTIVATE CURRENT HIGH PERFORMANCE; (II) RECOGNIZE CAPABILITIES AND EXPERIENCE; AND (III) PROVIDE LONG-TERM INCENTIVES TO RETAIN KEY MANAGEMENT. PART VII, LINE 15 ROGER MOSIER, CHIEF OF PARK OPERATIONS, BEGAN HIS EMPLOYMENT WITH CENTRAL PARK CONSERVANCY ON JANUARY 30, 2022. BECAUSE HIS TERM OF EMPLOYMENT DID NOT COMMENCE IN CALENDAR YEAR 2021, HIS COMPENSATION IS NOT REPORTED ON THIS 990. ROGER MOSIER'S 2022 COMPENSATION WILL BE REPORTED ON NEXT YEARS FORM 990. X 83 1924584 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, 2022, $21.4 MILLION 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 2022: 1. MRS. JANE HELLER HAS A BUSINESS RELATIONSHIP WITH MS. JUDY HART ANGELO AND MRS. LENI MAY. 2. MR. JOE ROBY HAS A BUSINESS RELATIONSHIP WITH HAMILTON JAMES, HUSBAND OF BOARD MEMBER AMABEL JAMES. 3. MR. JEFF BLAU HAS A BUSINESS RELATIONSHIP WITH DR. ANGELA DIAZ, JONATHAN KORNGOLD, ROBERT C. LIEBER, NELLE P. 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. 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: ON APRIL 19, 2023, EISNER ADVISORY GROUP LLC, MET WITH THE CONSERVANCY'S CHAIR, TREASURER, SECRETARY AND GENERAL COUNSEL, CHAIR OF THE AUDIT COMMITTEE, AND MANAGEMENT TO REVIEW THE FORM 990. THE CENTRAL PARK CONSERVANCY'S FORM 990 WAS PREPARED BY EISNER ADVISORY GROUP LLC, THE INDEPENDENT TAX PREPARER, BASED ON INFORMATION PROVIDED BY THE ORGANIZATION'S FINANCE AND MANAGEMENT PERSONNEL. SUBSEQUENTLY, 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 OFFICES. 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'S PERFORMANCE AND COMPENSATION TO ENSURE THAT THE COMPENSATION PROCESS IS APPROPRIATE AND DESIGNED TO ATTRACT AND RETAIN THE BEST TALENT IN THE INDUSTRY. THE GROUP DOCUMENTS COMPENSATION DETERMINATIONS IN ITS MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS: THE BY-LAWS, 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 6,140,862. MANAGEMENT AND GENERAL EXPENSES 1,810,905. FUNDRAISING EXPENSES 1,753,504. TOTAL EXPENSES 9,705,271. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -66,248. PAYROLL PROTECTION PROGRAM (PPP) LOAN: FORM 990, PART X, LINE 24: ON APRIL 10, 2020, THE CONSERVANCY RECEIVED LOAN PROCEEDS IN THE AMOUNT OF $5.3 MILLION UNDER THE PAYCHECK PROTECTION PROGRAM ("PPP"). THE PPP, ESTABLISHED AS PART OF THE CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY ACT ("CARES ACT"), PROVIDES FOR LOANS TO QUALIFYING BUSINESSES FOR AMOUNTS UP TO 2.5 TIMES OF THE AVERAGE MONTHLY PAYROLL EXPENSES OF THE QUALIFYING BUSINESS. THE CONSERVANCY USED THE PROCEEDS FOR QUALIFYING PAYROLL COSTS CONSISTENT WITH THE PPP GUIDANCE. IN AUGUST 2021, THE CONSERVANCY'S PAYROLL PROTECTION PROGRAM (PPP) LOAN OF $5.3 MILLION RELATED INTEREST OF $67,000 WERE FULLY AUTHORIZED FOR FORGIVENESS BY THE SMALL BUSINESS ADMINISTRATION (THE "SBA"). IN AUGUST 2022, THE CONSERVANCY RECOGNIZED A TOTAL OF $5.4 MILLION OF SBA LOAN FORGIVENESS AS EXTINGUISHMENT OF DEBT.