2021-10-18T15:57:19-05:00 2020-12-31 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2020-01-01 132626199 UNITED NATIONS DEVELOPMENT CORPORATION UNIT 2128881618 TWO UN PLAZA 27TH FLOOR NEW YORK NY 100174403 JORGE ORTIZ CONTROLLER/ VICE PRESIDENT 2128881618 2021-10-14 1 JORGE ORTIZ 999009999 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2021-10-14 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ROBERT COLE TWO UN PLAZA 27TH FLOOR NEW YORK NY 100174403 47538778 0 X WWW.UNDC.ORG X 1968 NY THE CORPORATION WAS CREATED FOR THE PURPOSE OF PLANNING AND DEVELOPING FACILITIES FOR UNITED NATIONS-RELATED ACTIVITIES WITHIN A DEFINED "UNITED NATIONS DEVELOPMENT DISTRICT" ADJACENT TO THE UNITED NATIONS HEADQUARTERS IN NEW YORK CITY. 14 14 10 14 0 0 0 135000 48227333 46231785 1321357 1171993 0 0 49548690 47538778 0 0 0 0 1843984 1935588 0 0 0 42647837 31310259 44491821 33245847 5056869 14292931 178153070 174478498 68240381 50519130 109912689 123959368 X THE MISSION OF THE UNITED NATIONS DEVELOPMENT CORPORATION IS (A) TO PROVIDE OFFICE AND OTHER FACILITIES THAT HELP MEET THE CURRENT AND FUTURE NEEDS OF THE UNITED NATIONS (U.N.), MISSIONS TO THE U.N. AND U.N.-RELATED PROGRAMS (TOGETHER, THE "U.N. COMMUNITY"), SEE ATTACHED AND (B) OTHERWISE TO ASSIST THE U.N. COMMUNITY IN MEETING ITS CURRENT AND FUTURE REAL ESTATE NEEDS. TO ACCOMPLISH ITS MISSION AND HELP THE CITY AND STATE OF NEW YORK FULFILL THEIR RESPONSIBILITIES AS HOSTS TO THE U.N. COMMUNITY, THE CORPORATION DEVELOPS AND OPERATES OFFICE AND OTHER FACILITIES FOR THE BENEFIT OF THE U.N. COMMUNITY AND PROVIDES REAL ESTATE ADVICE, SERVICES AND STUDIES AT THE REQUEST OF THE U.N., CITY OR STATE OF NEW YORK, OR THE UNITED STATES. 0 0 30715238 46231785 BUILDING OPERATIONS - PROVIDE NEEDED FACILITIES FOR THE U.N. 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A UNITED NATIONS DEVELOPMENT CORPORATION 132626199 911157LN3 2019-04-11 42085000 REFUNDING BONDS 0 0 0 A 48031830 7279500 901473 2019 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: UNITED NATIONS DEVELOPMENT CORPORATION DATE THE REBATE COMPUTATION WAS PERFORMED: 04/02/2019 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND PROVIDED TO MANAGEMENT. MANAGEMENT SUBMITS THE FORM 990 IN DRAFT FORM TO THE AUDIT COMMITTEE FOR REVIEW AND DISCUSSION AT AN AUDIT COMMITTEE MEETING. WHEN APPROVED BY THE AUDIT COMMITTEE, THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW ALONG WITH A RECOMMENDATION FROM THE AUDIT COMMITTEE FOR APPROVAL OF THE FORM 990 FOR FILING. AT A BOARD MEETING, THE BOARD OF DIRECTORS CONSIDERS THE FORM 990 AND APPROVES IT FOR FILING OR TAKES OTHER ACTION. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES ARE SUBJECT TO THE CORPORATION'S CODE OF ETHICAL CONDUCT. COMPLIANCE WITH THE CODE IS MONITORED AND ENFORCED BY MANAGEMENT. BOARD MEMBERS ARE SUBJECT TO THE CORPORATION'S CODE OF ETHICS FOR DIRECTORS AND THE CORPORATION'S CORPORATE GOVERNANCE GUIDELINES, BOTH OF WHICH REQUIRE THEM TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST AND TO RECUSE THEMSELVES FROM ANY DECISION RELATING TO ANY SUCH CONFLICT. IN ADDITION, BOARD MEMBERS ARE REQUIRED TO ANSWER QUESTIONS REGARDING COMPLIANCE WITH THE CORPORATION'S CODE OF ETHICS IN THE FORM OF AN ANNUAL STATEMENT REGARDING CONFLICTS OF INTEREST. BOARD MEMBERS ARE REQUIRED TO PARTICIPATE IN NEW YORK STATE APPROVED CORPORATE GOVERNANCE TRAINING WITHIN ONE YEAR OF APPOINTMENT TO THE BOARD. BOARD MEMBERS, AND OFFICERS AND EMPLOYEES WHOSE ANNUAL RATE OF COMPENSATION IS IN EXCESS OF A PREDETERMINED THRESHOLD, ARE REQUIRED TO FILE ANNUAL FINANCIAL DISCLOSURE STATEMENTS WITH THE STATE OF NEW YORK AND TO PARTICIPATE IN A STATE-MANDATED ETHICS TRAINING PROGRAM. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO IS APPOINTED BY THE CHAIRMAN OF THE BOARD OF DIRECTORS IN CONSULTATION WITH THE MAYOR OF THE CITY OF NEW YORK. THE PRESIDENT/CEO'S COMPENSATION IS SET FORTH IN HIS EMPLOYMENT CONTRACT WHICH IS REVIEWED AND APPROVED BY THE CORPORATION'S GOVERNANCE AND COMPENSATION COMMITTEE. THE OFFICERS OTHER THAN THE PRESIDENT/CEO ARE ELECTED ANNUALLY BY RESOLUTION OF THE BOARD, AND THEIR COMPENSATION AND BENEFITS ARE DETERMINED BY THE GOVERNANCE AND COMPENSATION COMMITTEE. THE GOVERNANCE AND COMPENSATION COMMITTEE ANNUALLY REVIEWS THE CORPORATION'S COMPENSATION PROGRAM INCLUDING DATA RELATING TO COMPENSATION OF SENIOR MANAGEMENT AT COMPARABLE NEW YORK STATE GOVERNMENTAL ENTITIES. MINUTES ARE KEPT OF ALL MEETINGS OF THE GOVERNANCE AND COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 AS REQUIRED BY NEW YORK STATE LAW, THE CORPORATION MAKES CERTAIN DOCUMENTS, INCLUDING ITS CORPORATE GOVERNANCE GUIDELINES, AUDITED FINANCIAL STATEMENTS AND CODE OF ETHICAL CONDUCT FOR DIRECTORS (INCLUDING PROVISIONS ON CONFLICTS OF INTEREST), AVAILABLE TO THE PUBLIC BY POSTING THEM ON ITS WEBSITE. FORM 990 PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR