2020-11-12T13:52:01-06:00 2019-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2019-01-01 135120739 THE GREEN-WOOD CEMETERY GREE 7187887850 500 25TH STREET BROOKLYN NY 112321755 RICHARD J MOYLAN PRESIDENT 7187887850 2020-11-12 1 GARRETT M HIGGINS P00543209 9143818900 2020-11-12 24.190.81.120 2020-11-12 13:51:52 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2019 2021-04-22 16:20:28Z RICHARD J MOYLAN 500 25TH STREET BROOKLYN NY 112321755 30962352 0 X WWW.GREEN-WOOD.COM X 1838 NY THE ORGANIZATION IS A CEMETERY WHICH IS A TAX EXEMPT ENTITY UNDER IRC SEC 501(C)(13). 15 15 138 17 29148 0 2058931 282126 9041880 10369643 6886584 6703874 29539 29539 18016934 17385182 375817 242958 0 0 8896113 8815577 0 0 0 6259229 6213055 15531159 15271590 2485775 2113592 193729170 208864929 13630850 7029950 180098320 201834979 THE GREEN-WOOD CEMETERY IS A NEW YORK HISTORIC CEMETERY. IT WAS DESIGNATED AS A "NATIONAL HISTORIC LANDMARK" ON SEPTEMBER 27, 2006. THE CEMETERY'S HISTORIC VALUE, INTERESTING LANDSCAPE AND ARCHITECTURAL ASPECTS ATTRACT HUNDREDS OF THOUSANDS OF VISITORS EACH YEAR. 0 0 THE ORGANIZATION IS A CEMETERY WHICH IS A TAX-EXEMPT ENTITY UNDER IRC SEC 501(C)(13). 0 1 1 0 0 0 1 0 0 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 45 0 138 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X RICHARD J MOYLAN PRESIDENT 7187887850 500 25TH STREET BROOKLYN NY 112321755 RICHARD J MOYLAN PRESIDENT 33.00 7.00 X 361836 0 232999 ARLENE BASCOM VP & COMPTROLLER 33.00 7.00 X 207504 0 28610 KESTUTIS DEMERECKAS SURVEYOR 38.00 2.00 X 131477 0 81825 ARTHUR PRESSON VP OF DESIGN & LANDSCAPE 33.00 7.00 X 131172 0 59312 LISA ALPERT VP. DEVELOPMENT 2.00 38.00 X 131729 0 53793 JEFFREY RICHMAN HISTORIAN 15.00 25.00 X 119663 0 45053 ERIC BARNA VP OF OPERATIONS 37.00 3.00 X 126071 0 18555 SARANNE DURKACS CORPORATE SECRETARY (AS OF 5/2019) 37.00 3.00 X 109369 0 6083 LESZEK MASAJADA FOREMAN 40.00 0.00 X 108758 0 5243 JANE CUCCURULLO CORPORATE SECRETARY (THROUGH 5/2019) 37.00 3.00 X 105747 0 4465 SONIA BENNETT CHIEF ACCOUNTANT 37.00 3.00 X 132753 0 -32865 FRANK MORELLI PLANT & FACILITIES MANAGER 39.00 1.00 X 111390 0 -18833 PETER DAVIDSON CHAIRMAN & DIRECTOR 3.00 3.00 X X 0 0 0 MICHAEL C BROOKS VICE-CHAIRMAN & DIRECTOR 3.00 3.00 X X 0 0 0 EARL D WEINER DIRECTOR 2.00 4.00 X 0 0 0 J DOUGLAS MAXWELL JR DIRECTOR 1.00 1.50 X 0 0 0 CARLA SHEN DIRECTOR 1.00 1.50 X 0 0 0 SAMUEL WHITE DIRECTOR 1.00 1.50 X 0 0 0 SAM SIFTON DIRECTOR 1.00 1.50 X 0 0 0 HUGH O'KANE JR DIRECTOR 1.00 1.50 X 0 0 0 ALLIE SWEENEY DIRECTOR 1.00 1.50 X 0 0 0 C PAYSON COLEMAN DIRECTOR 1.00 1.50 X 0 0 0 JIM ROSSMAN DIRECTOR 1.00 1.50 X 0 0 0 LARK-MARIE ANTON DIRECTOR 1.00 1.50 X 0 0 0 BEVIN CLINE DIRECTOR 1.00 1.50 X 0 0 0 KATHY KERIMAN-LEICHT DIRECTOR 1.00 1.50 X 0 0 0 RUDOLPH WYNTER DIRECTOR 1.00 1.50 X 0 0 0 SCOT MEDBURY DIRECTOR (THROUGH 12/2019) 1.00 1.50 X 0 0 0 ELIZABETH JEFFE DIRECTOR (THROUGH 12/2019) 1.00 1.50 X 0 0 0 1777469 0 484240 12 0 1 0 BRIGHTVIEW LANDSCAPES LLC PO BOX 740655 ATLANTA GA 30374 LAWN MAINTENANCE 1400535 WEST NEW YORK RESTORATION OF CT INC 1800 BOSTON ROAD BRONX NY 10460 CONSTRUCTION 1092806 NORTHEAST STAINED GLASS LLC 55 MILL STREET SUITE 1 NEWTON NJ 07860 CONSTRUCTION 781318 ARCHITECTURE RESEARCH OFFICE 170 VARICK STREET 7TH FLOOR NEW YORK NY 10013 ARCHITECTS 526742 US SECURITY ASSOCIATES PO BOX 931703 ATLANTA GA 31193 SECURITY 377866 27 276996 5130 282126 SALE OF BURIAL 812220 6792736 6792736 SERVICE CHARGES 812220 3576907 3576907 10369643 2105184 29591 2075593 29539 0 29539 29539 29539 18175860 13577170 4598690 4598690 -443 4599133 17385182 10369643 29148 6704265 242958 1328201 4466856 498810 1457792 1063918 79033 75300 401310 435575 21588 3430 283312 97163 370762 1106606 381322 REPAIRS & MAINTENANCE 2336690 CREMATORY EXPENSE 385919 MAUSOLEUM EXPENSE 188279 MISCELLANEOUS 46766 15271590 1642726 506664 7493283 10648563 2538940 3345233 167865 163188 165787 165796 102770408 51433983 50935625 51336425 66415469 78970166 59115604 58379120 5253871 5349774 193729170 208864929 1295012 1792188 12335838 5237762 13630850 7029950 X 180098320 201834979 180098320 201834979 193729170 208864929 X 2113592 14810616 3853159 959292 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2000 2000 2000 1 NYS CEMETERIES PAC 99 PINE STREET SUITE 207 ALBANY NY 12207 105407204 2000 PART I-A, LINE 1: THE GREEN-WOOD CEMETERY CONTRIBUTED TO THE NYS CEMETERIES PAC, AN UNRELATED ENTITY. 2649578 X X X 0 43745527 12511790 31233737 6755132 5170115 1585017 46050238 6219511 33752078 18517671 51336425 HEDGE FUNDS 45880846 F PRIVATE EQUITY PARTNERSHIPS 5232835 F REAL ESTATE PROPERTY 3900000 F REAL ESTATE INVESTMENT TRUST 3365439 F 58379120 ACCRUED PENSION LIABILITY 4990350 DUE TO AFFILIATES 247412 5237762 X 63918414 14810616 32273926 47084542 16833872 401310 150000 551310 17385182 20854070 6133790 6133790 14720280 401310 150000 551310 15271590 PART III, LINE 4: THE CEMETERY HOLDS ARTWORK THAT INCLUDES PHOTOGRAPHY AND PAINTINGS. THE CEMETERY HISTORIAN COLLECTS PHOTOGRAPHS AND MEMORABILIA ABOUT THE CEMETERY. IN ADDITION, THE CEMETERY BUYS PAINTINGS THAT ARE ABOUT THE RESIDENTS OF THE CEMETERY OR BY THE CEMETERY RESIDENTS. THE ARTWORK IS LOANED TO THE GREEN-WOOD HISTORIC FUND, A RELATED PARTY, FOR EXHIBITIONS TO THE PUBLIC. PART X, LINE 2: THE CEMETERY AND AFFILIATES RECOGNIZE THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CEMETERY AND AFFILIATES HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE ATTRIBUTABLE TO CONSOLIDATED ENTITIES 32,260,726. GAIN ON DISPOSAL OF FIXED ASSET 13,200. PART XI, LINE 4B - OTHER ADJUSTMENTS: ELIMINATIONS ON CONSOLIDATED FINANCIAL STATEMENTS 150,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ATTRIBUTABLE TO CONSOLIDATED ENTITIES 6,133,790. PART XII, LINE 4B - OTHER ADJUSTMENTS: ELIMINATIONS ON CONSOLIDATED FINANCIAL STATEMENTS 150,000. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 29629876 EUROPE (INCLUDING ICELAND & GREENLAND) INVESTMENTS 10774126 0 0 0 0 0 0 40404002 0 40404002 1 0 1 1 1 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART IV: THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471, FORM 8865 AND FORM 8621 BECAUSE IT DOES NOT MEET THE APPLICABLE THRESHOLD OWNERSHIP OR OTHER FILING REQUIREMENTS OF EACH FORM. THE ORGANIZATION IS REQUIRED TO FILE FORM 926 BECAUSE IT DOES MEET THE APPLICABLE THRESHOLD OWNERSHIP OR OTHER FILING REQUIREMENTS. 1 THE GREEN-WOOD CEMETERY HISTORIC FUND INC 500 25TH STREET BROOKLYN NY 11232 113450678 501(C)(3) 150000 GENERAL OPERATING SUPPORT THE BROOKLYN HISTORICAL SOCIETY 128 PIERREPONT STREET BROOKLYN NY 11201 111630813 501(C)(3) 5680 GENERAL OPERATING SUPPORT NEW YORK PRESERVATION ARCHIVE PROJECT 174 EAST 80TH STREET NEW YORK NY 10075 311647704 501(C)(3) 5950 GENERAL OPERATING SUPPORT NEW YORK ASSOCIATION OF CEMETERIES 500 25TH STREET BROOKLYN NY 11232 136617369 501(C)(3) 5150 GENERAL OPERATING SUPPORT 4 PART I, LINE 2: THE CEMETERY CONTRIBUTES FUNDS TO A RELATED ORGANIZATION DURING THE YEAR. THE TRANSACTION IS REVIEWED AS PART OF THE FINANCIAL STATEMENT PREPARATION. X 0 0 X X X X 0 0 0 RICHARD J MOYLAN PRESIDENT 274078 0 17500 0 70258 0 218000 0 14999 0 594835 0 0 0 ARLENE BASCOM VP & COMPTROLLER 185700 0 6000 0 15804 0 13068 0 15542 0 236114 0 0 0 KESTUTIS DEMERECKAS SURVEYOR 105741 0 2000 0 23736 0 81825 0 0 0 213302 0 0 0 ARTHUR PRESSON VP OF DESIGN & LANDSCAPE 116318 0 2500 0 12354 0 37462 0 21850 0 190484 0 0 0 LISA ALPERT VP. DEVELOPMENT 125005 0 5000 0 1724 0 9500 0 44293 0 185522 0 0 0 JEFFREY RICHMAN HISTORIAN 99269 0 1500 0 18894 0 29511 0 15542 0 164716 0 0 0 PART I, LINE 1A RICHARD MOYLAN, PRESIDENT, HAS A RESIDENCE THAT IS TAXABLE TO HIM AND VALUED AT $38,700 REPORTED IN SCHEDULE J PART II, SECTION B, COLUMN (III). FORM 990, PART VII, COLUMN (F) AND SCHEUDLE J, PART II, COLUMN (C): THESE TWO COLUMNS SHOW THE ACTUARIAL INCREASE OR DECREASE IN THE DEFINED BENEFIT PLAN FOR CALENDAR YEAR 2019. FORM 990, PART VI, SECTION B, LINE 11B GREEN-WOOD CEMETERY HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C IF ANY OFFICER, DIRECTOR, OR OFFICIAL OF GREEN-WOOD KNOWS, BELIEVES, OR HAS REASON TO KNOW OR BELIEVE, THAT A CONFLICT OF INTEREST EXISTS WITH RESPECT TO ANY TRANSACTION INVOLVING GREEN-WOOD, OR ANY DECISION OF THE BOARD, OR ANY ACTION TAKEN BY AN OFFICER, DIRECTOR, OR OFFICIAL, SUCH PERSON SHALL INFORM THE BOARD OF THE EXISTENCE OF SUCH CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST IN WRITING. SUCH DISCLOSURE SHOULD BE SUBMITTED TO THE SECRETARY OF GREEN-WOOD, SENT TO GREEN-WOOD'S MAILING ADDRESS. THE SECRETARY SHALL THEN PROVIDE A COPY TO THE CHAIRPERSON OF THE AUDIT COMMITTEE AND THE PRESIDENT. IN THE EVENT THAT IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS, AND THE OFFICER, DIRECTOR, OR OFFICIAL HAS MADE FULL DISCLOSURE OF THE FACTS SURROUNDING THE CONFLICT, THEN THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER THE OFFICER, DIRECTOR, OR OFFICIAL MAY FULLY PARTICIPATE IN THE DELIBERATIONS AND VOTE ON THE PROPOSED TRANSACTION. IF THE OFFICER, DIRECTOR, OR OFFICIAL MERELY DISCLOSES THE EXISTENCE OF THE CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST, YET FAILS TO DISCLOSE OR IS PROHIBITED FROM DISCLOSING ALL MATERIAL FACTS REGARDING THE CONFLICT, THEN SUCH OFFICER, DIRECTOR, OR OFFICIAL SHALL BE PROHIBITED FROM PARTICIPATING IN ANY MANNER OR FORM IN THE DELIBERATIONS OR DECISIONS REGARDING THE AFFECTED TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 TOP MANAGEMENT AND KEY EMPLOYEE SALARIES ARE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE AND BOARD OF TRUSTEES ON AN ANNUAL BASIS TO DETERMINE PERCENTAGE OF INCREASE. THEY USE THE FORM 990 OF OTHER SIMILAR ORGANIZATIONS AND A COMPENSATION SURVEY TO DETERMINE THE AMOUNT OF COMPENSATION. THIS PROCESS IS DOCUMENTED IN THE BOARD MINUTES AND WAS LAST UNDERTAKEN IN DECEMBER OF 2018. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE COPIES OF THESE DOCUMENTS ARE KEPT AT THE GREEN-WOOD CEMETERY'S OFFICE AND ONCE REQUESTED IT WILL BE SUPPLIED. FORM 990, PART XI, LINE 9: PENSION BENEFIT LIABILITY ADJUSTMENT 946,092. GAIN ON DISPOSAL OF FIXED ASSET 13,200. FORM 990, PART XI, LINE 9: EFFECTIVE JANUARY 1, 2019, THE CEMETERY AND AFFILIATES ADOPTED ASU 2014-09, REVENUE FROM CONTRACTS WITH CUSTOMERS, AS AMENDED. THE GUIDANCE PROVIDES A SINGLE COMPREHENSIVE MODEL FOR ENTITIES TO USE IN ACCOUNTING FOR REVENUE ARISING FROM CONTRACTS WITH CUSTOMERS AND SUPERSEDES MOST CURRENT REVENUE RECOGNITION GUIDANCE. THE NEW REVENUE RECOGNITION GUIDANCE DOES NOT APPLY TO HOW CONTRIBUTIONS AND PLEDGES ARE RECOGNIZED, AS THEY ARE SPECIFICALLY SCOPED OUT OF THE NEW GUIDANCE. THE CORE PRINCIPLE OF THE NEW GUIDANCE IS THAT AN ENTITY SHOULD RECOGNIZE REVENUE FROM THE TRANSFER OF PROMISED GOODS OR SERVICES TO CUSTOMERS IN AN AMOUNT THAT REFLECTS THE CONSIDERATION THE ENTITY EXPECTS TO RECEIVE FOR THOSE PROMISED GOODS OR SERVICES TO CUSTOMERS. THE GUIDANCE INCLUDES A FIVE-STEP FRAMEWORK TO DETERMINE THE TIMING AND AMOUNT OF REVENUE TO RECOGNIZE RELATED TO CONTRACTS WITH CUSTOMERS. THIS GUIDANCE ALSO REQUIRES NEW OR EXPANDED DISCLOSURES RELATED TO JUDGMENTS MADE BY ENTITIES WHEN FOLLOWING THIS FRAMEWORK. AS SHOWN ON THE CONSOLIDATED STATEMENT OF ACTIVITIES, THE CEMETERY AND AFFILIATES HAVE SEVERAL OPERATING REVENUE SOURCES. THE CEMETERY AND AFFILIATES HAVE REVIEWED ITS VARIOUS REVENUE SOURCES AND CONCLUDED THAT EACH OF ITS CONTRACTS INCLUDES A SINGLE PERFORMANCE OBLIGATION THAT IS SATISFIED EITHER AT A POINT IN TIME OR OVER TIME WHICH IS SATISFIED OVER THE CEMETERY AND AFFILIATES' YEAR, EXCEPT FOR SALES OF BURIAL SITES UNDER THE INSTALLMENT BASIS. SALES OF BURIAL SITES UNDER THE INSTALLMENT BASIS ARE NOW RECOGNIZED AT A POINT IN TIME. THIS RESULTED IN THE CEMETERY AND AFFILIATES RECORDING A ONE-TIME ADJUSTMENT, INCREASING NET ASSETS BY $3,853,159 ON JANUARY 1, 2019. THE NEW GUIDANCE REQUIRES THE CEMETERY AND AFFILIATES TO NOT RECOGNIZE REVENUE UNTIL IT IS PROBABLE OF COLLECTION AND, BASED ON THE CEMETERY AND AFFILIATES' STRONG COLLECTION EXPERIENCE, MANAGEMENT HAS CONCLUDED THAT ALL REVENUE RECOGNIZED IS PROBABLE OF COLLECTION. THE GREEN-WOOD CEMETERY PERPETUAL CARE FUND 500 25TH STREET BROOKLYN NY 11232 133046697 TO PROVIDE PERPETUAL CARE AND MAINTENANCE OF CEMETERY NY 501(C)(13) N/A THE GREEN-WOOD CEMETERY 1 THE GREEN-WOOD HISTORIC FUND INC 500 25TH STREET BROOKLYN NY 11232 113450678 TO PRESERVE AND RESTORE THE CEMETERY'S HISTORIC AND CULTURAL PROPERTY NY 501(C)(3) LINE 7 THE GREEN-WOOD CEMETERY 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 THE GREEN-WOOD HISTORIC FUND INC Q 1216343 COST THE GREEN-WOOD CEMETERY PERPETUAL CARE FUND Q 843462 COST THE GREEN-WOOD HISTORIC FUND INC B 150000 COST THE GREEN-WOOD HISTORIC FUND INC O 1182612 COST