2019-05-15T11:51:25-05:00 2018-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2017-07-01 135531178 NYC & COMPANY INC NYC& 2124841200 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 RICHARD LOVATT CFO 2124841200 2019-05-14 1 GARRETT M HIGGINS P00543209 2122862600 2019-05-14 4.15.211.182 2019-05-14 17:07:01 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 76A25249E5E94ADAA4B6AEE04382CED6247CFD88 2017 2019-02-21 02:37:17Z FRED DIXON 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 39473482 0 X WWW.NYCGO.COM X 1948 NY TO BUILD NEW YORK CITY'S ECONOMY AND POSITIVE IMAGE THROUGH TOURISM AND CONVENTION DEVELOPMENT, MAJOR EVENTS AND THE MARKETING OF THE CITY ON A WORLDWIDE BASIS. 81 80 169 87 0 101487 21671923 21679951 16462234 16465780 1161 1092 1332736 1326659 39468054 39473482 0 0 0 0 17339133 18668343 0 0 0 19677183 20184930 37016316 38853273 2451738 620209 12602946 11866148 11019103 8905647 1583843 2960501 X TO BUILD NEW YORK CITY'S ECONOMY AND POSITIVE IMAGE THROUGH TOURISM AND CONVENTION DEVELOPMENT, MAJOR EVENTS AND THE MARKETING OF THE CITY ON A WORLDWIDE BASIS. 0 0 MARKETING & INTERACTIVE - PROMOTES THE NEW YORK CITY BRANDWORLDWIDE, HIGHLIGHTING ITS SHOPPING, ENTERTAINMENT, CULTURAL ANDDINING OFFERINGS. AS PART OF THIS MISSION, THE INTERACTIVEDEPARTMENT UTILIZES TECHNOLOGY AND OUR WEBSITE TO CREATE TOOLS ANDMATERIALS THAT BOTH RESIDENTS AND VISITORS CAN USE TO IMPROVETHEIR NEW YORK CITY EXPERIENCE. TOURISM - PROMOTES TRAVEL TO NEW YORK CITY ACROSS THE GLOBE,LEVERAGING TRADE RELATIONSHIPS, CREATING COOPERATIVE PROMOTIONSAND WORKING WITH INTERNATIONAL PR TEAMS TO DRIVE TOURISM. SALES & PARTNERSHIPS - STRATEGICALLY PACKAGES THE CITY'S MARKETINGASSETS - INCLUDING ADVERTISING PROGRAMS, MEDIA RESOURCES, PUBLICINITIATIVES AND OFFICIAL CITY EVENTS - TO THIRD PARTIES ON A FEEBASIS. MEMBERSHIP DEDICATED TO MAXIMIZING OUR MEMBER BUSINESSES' VISIBILITY TO INTERNATIONAL AND DOMESTIC TRAVELERS (BOTH BUSINESS AND LEISURE), AS WELL AS TO NEW YORK CITY RESIDENTS. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 66 0 169 1 1 1 0 0 0 0 0 X 81 80 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X RICHARD LOVATT 2124841200 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 EMILY RAFFERTY CHAIRPERSON 1.00 1.00 X X 0 0 0 FRED DIXON PRESIDENT/CEO 39.00 1.00 X X 459070 0 29902 WILMA ALONSO BOARD MEMBER THROUGH MARCH 2018 1.00 X 0 0 0 GINA ARGENTO BOARD MEMBER 1.00 X 0 0 0 JEFF BENNETT BOARD MEMBER 1.00 X 0 0 0 DAVID BERLINER BOARD MEMBER 1.00 X 0 0 0 JACLYN BERNSTEIN BOARD MEMBER 1.00 X 0 0 0 ANDREW BODZIAK BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 DANIEL BOOCKVAR BOARD MEMBER 1.00 X 0 0 0 MICHAEL BURKE BOARD MEMBER 1.00 X 0 0 0 JUDITH BYRD BOARD MEMBER 1.00 X 0 0 0 JOHN CALVELLI BOARD MEMBER 1.00 X 0 0 0 MICHAEL CAPIRASO BOARD MEMBER 1.00 X 0 0 0 ZACHARY CARTER BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 FRANK CASTRONOVO BOARD MEMBER THROUGH MARCH 2018 1.00 X 0 0 0 SUSAN CHIN BOARD MEMBER 1.00 X 0 0 0 HARRY COGHLAN BOARD MEMBER 1.00 X 0 0 0 MICHAEL COGSWELL BOARD MEMBER THROUGH MARCH 2018 1.00 X 0 0 0 ARTHUR COHEN BOARD MEMBER 1.00 X 0 0 0 VIJAY DANDAPANI BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 JOE DANIELS BOARD MEMBER 1.00 X 0 0 0 LISA DEROSA BOARD MEMBER 1.00 X 0 0 0 RUBEN DIAZ JR BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 KEITH DOUGLAS BOARD MEMBER 1.00 X 0 0 0 MARY FARRELL BOARD MEMBER 1.00 X 0 0 0 TOM FINKELPEARL BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 MIKE FIORENTINO BOARD MEMBER 1.00 X 0 0 0 JOEL FISHER BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 CHARLES FLATEMAN BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 RICK FRIEDBERG BOARD MEMBER 1.00 X 0 0 0 ELLEN FUTTER BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 ALICIA GLEN BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 SCOTT GOLDSMITH BOARD MEMBER 1.00 X 0 0 0 ERIC GORDON BOARD MEMBER 1.00 X 0 0 0 MANEESH GOYAL BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 GAIL GRIMMETT BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 KATHY HILT BOARD MEMBER 1.00 X 0 0 0 CAROLINE HIRSCH BOARD MEMBER 1.00 X 0 0 0 MARGARET HONEY BOARD MEMBER THROUGH MARCH 2018 1.00 X 0 0 0 HERVE HOUDRE BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 REBECCA HUBBARD BOARD MEMBER 1.00 X 0 0 0 DAWN HUDSON BOARD MEMBER 1.00 X 0 0 0 MELINDA KATZ BOARD MEMBER THROUGH MARCH 2018 1.00 X 0 0 0 LYNN KELLY BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 DAVID KEYS BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 HUNTLEY LAWRENCE BOARD MEMBER 1.00 X 0 0 0 PATTI LEE BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 LISA LINDEN BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 KERRY MACK BOARD MEMBER 1.00 X 0 0 0 ERIKA MALLIN BOARD MEMBER THROUGH MARCH 2018 1.00 X 0 0 0 SUSAN MARENOFF-ZAUSNER BOARD MEMBER 1.00 X 0 0 0 MARK MARMURSTEIN BOARD MEMBER 1.00 X 0 0 0 FERNANDO MATEO BOARD MEMBER 1.00 X 0 0 0 SPENCER MEANS BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 JULIE MENIN BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 LUIS MIRANDA BOARD MEMBER 1.00 X 0 0 0 MITCHELL B MODELL BOARD MEMBER 1.00 X 0 0 0 TYLER MORSE BOARD MEMBER 1.00 X 0 0 0 SCOTT NADEAU BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 ANTHONY NAPOLI BOARD MEMBER 1.00 X 0 0 0 RICHARD NICOTRA BOARD MEMBER 1.00 X 0 0 0 TRACY NIEPORENT BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 TRAVIS NOYES BOARD MEMBER 1.00 X 0 0 0 PATRICIA ORNST BOARD MEMBER 1.00 X 0 0 0 JAMES PATCHETT BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 JONELLE PROCOPE BOARD MEMBER 1.00 X 0 0 0 LAURA RAICOVICH BOARD MEMBER 1.00 X 0 0 0 ANTHONY RAMIREZ II BOARD MEMBER 1.00 X 0 0 0 FRANCES RESHESKE BOARD MEMBER 1.00 X 0 0 0 STEVEN RUBENSTEIN BOARD MEMBER 1.00 X 0 0 0 TARYN SACRAMONE BOARD MEMBER 1.00 X 0 0 0 MARCUS SAMUELSSON BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 ANDREAS SAPPOK BOARD MEMBER 1.00 X 0 0 0 CHARLOTTE ST MARTIN BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 ALAN STEEL BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 JEFFREY STEWART BOARD MEMBER 1.00 X 0 0 0 TIM TOMPKINS BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 NICK VALENTI BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 JORGE DANIEL VENECIANO BOARD MEMBER THROUGH MARCH 2018 1.00 X 0 0 0 PETER WARD BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 GERRI WARREN MERRICK BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 DAN WEMPA BOARD MEMBER 1.00 X 0 0 0 LLOYD A WILLIAMS BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 JACK WITHIAM JR BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 TREN'NESS WOODS-BLACK BOARD MEMBER 1.00 X 0 0 0 KATHY WYLDE BOARD MEMBER 1.00 X 0 0 0 BRETT YORMARK BOARD MEMBER 1.00 X 0 0 0 TIM ZAGAT BOARD MEMBER/EXECUTIVE COMMITTEE 1.00 X 0 0 0 BRYAN GRIMALDI COO & GENERAL COUNCIL 39.00 1.00 X 320194 0 49770 KEVIN BOOTH CFO THROUGH DEC. 2017 40.00 X 278194 0 47594 RICHARD LOVATT SVP, FINANCE/ CFO STARTING JAN. 2018 40.00 X 195501 0 40340 JERRY CITO SVP, CONVENTION DEVELOPMENT 40.00 X 276301 0 42185 KELLY ANN CURTIN SVP, MEMBERSHIP & DESTINATION SVC 40.00 X 235503 0 42892 CHRISTOPHER HEYWOOD SVP, GLOBAL COMMUNICATIONS 40.00 X 203063 0 44050 MARTY MARKOWITZ VP, BOROUGH PROMOTION AND ENGAGEMENT 40.00 X 201020 0 14361 NEVAH ASSANG SVP, MEMBERSHIP CULTURAL & COMMUNITY RELATIONS 40.00 X 185256 0 41649 2354102 0 352743 40 0 1 0 BFOR INT'L-BIENECK INC 520 WILLIAM STREET SUITE E FREDERICKSBURG VA 22401 TRADESHOW SERVICES 1052925 CROSSMEDIA INC 275 SEVENTH AVENUE 27TH FLOOR NEW YORK NY 10001 MARKETING 791844 NYPD-NEW YORK POLICE FOUNDATION INC 555 FIFTH AVENUE 15TH FLOOR NEW YORK NY 10017 LICENSING 566987 TC-TRANSCONTINENTAL PRINTING INC 1500 BOUL JULES-POITRAS SAINT LAURENT QC CA H4N 1X7 PUBLICATION PRINTING 566987 HILLS BALFOUR SYNERGY (UK) 58 SOUTHWARK BRIDGE ROAD LONDON UK SE1 OAS TOURISM SERVICES 521790 50 21679951 21679951 MEMBERSHIP DUES 900099 5127897 5127897 SPONSORSHIPS 900099 4536167 4536167 BANNER PROGRAM 900099 2478465 2478465 PUBLICATION REVENUE 900099 2212269 2212269 INTERACTIVE INCOME 900099 2110982 2110982 16465780 1092 1092 1326659 1326659 39473482 17792439 0 1092 1528307 13396588 803634 1820351 1119463 202898 155866 97750 499713 6167656 857105 520523 1465660 1052467 3791541 8481 143231 104757 TOURISM 2357016 PUBLICATIONS 1096161 LICENSING COSTS 685274 MEMBERSHIP DUES 295192 683639 38853273 1000 1000 8299817 7489340 1777694 1442304 2328 12416 831654 435083 869482 242848 281915 626634 1408538 1859371 12602946 11866148 2013442 1554189 3753006 3478175 5252655 3873283 11019103 8905647 X 1583843 2960501 1583843 2960501 12602946 11866148 X 620209 756448 X X 0 1 X 1 0 0 0 0 5127897 97750 97750 0 97750 203331 36794 166537 666151 206054 460097 626634 DEFERRED COMPENSATION 51511 SECURITY DEPOSITS 222153 ACCRUED INCOME 1585707 1859371 ACCRUED PENSION COSTS 2465124 CAPITAL LEASE OBLIGATIONS 437380 DEFERRED COMPENSATION (CONTRA) 51511 DEFERRED RENT 732793 RESTRICTED/CHINATOWN KIOSK REMOVAL 50000 DUE TO NYC & COMPANY FOUNDATION 136475 3873283 X 96180178 55950248 756448 56706696 39473482 0 39473482 94803520 55950248 55950248 38853272 0 38853272 PART X, LINE 2: THE COMPANY FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES WHICH PROVIDES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. USING THIS GUIDANCE, THE COMPANY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IN ITS FINANCIAL STATEMENTS ONLY IF IT IS MORE-LIKELY-THAN-NOT (I.E., A LIKELIHOOD OF MORE THAN 50%) THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT BELIEVES THE COMPANY HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF JUNE 30, 2018. THE COMPANY'S TAX RETURNS FOR ALL YEARS SINCE 2014 REMAIN OPEN TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES. THERE ARE CURRENTLY NO TAX EXAMINATIONS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: PENSION RELATED GAINS 756,448. X 1 1 X X X 0 0 0 FRED DIXON PRESIDENT/CEO 458620 0 0 0 450 0 16050 0 13852 0 488972 0 0 0 BRYAN GRIMALDI COO & GENERAL COUNCIL 319744 0 0 0 450 0 16050 0 33720 0 369964 0 0 0 KEVIN BOOTH CFO THROUGH DEC. 2017 277744 0 0 0 450 0 16050 0 31544 0 325788 0 0 0 RICHARD LOVATT SVP, FINANCE/ CFO STARTING JAN. 2018 195201 0 0 0 300 0 5723 0 34617 0 235841 0 0 0 JERRY CITO SVP, CONVENTION DEVELOPMENT 230851 0 45000 0 450 0 16306 0 25879 0 318486 0 0 0 KELLY ANN CURTIN SVP, MEMBERSHIP & DESTINATION SVC 234813 0 0 0 690 0 14401 0 28491 0 278395 0 0 0 CHRISTOPHER HEYWOOD SVP, GLOBAL COMMUNICATIONS 202763 0 0 0 300 0 11925 0 32125 0 247113 0 0 0 MARTY MARKOWITZ VP, BOROUGH PROMOTION AND ENGAGEMENT 199063 0 0 0 1957 0 13543 0 818 0 215381 0 0 0 NEVAH ASSANG SVP, MEMBERSHIP CULTURAL & COMMUNITY 183379 0 0 0 1877 0 11737 0 29912 0 226905 0 0 0 PART I, LINE 1A THE COMPANY REIMBURSED THE CFO FOR THE COST OF MEMBERSHIP DUES. THIS AMOUNT WAS PROVIDED AS A NON-TAXABLE BENEFIT AND IS INCLUDED ON SCHEDULE J, PART II, COLUMN (D). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S PRESIDENT/CEO AND THE CFO PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST WITH THE GOVERNING BOARD. AFTER DISCLOSURE, THE INDIVIDUAL IN QUESTION MUST RECUSE THEMSELVES FROM VOTING ON THE MATTER. SUCH MATTERS INVOLVING THE EXISTENCE OF CONFLICTS OF INTEREST ARE TO BE DOCUMENTED IN THE MINUTES OF THE GOVERNING BOARD. ALL SUCH MATTERS ARE OVERSEEN BY THE OFFICE OF GENERAL COUNSEL THAT DEDICATES RESOURCES TOWARDS TRAINING AND ENFORCEMENT OF THE CONFLICTS OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EMPLOYMENT, COMPENSATION AND OTHER TERMS AND CONDITIONS OF EMPLOYMENT, OF THE CORPORATIONS CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER IS VOTED ON BY THE COMPENSATION COMMITTEE ON BEHALF OF THE BOARD. THE COMPENSATION OF OTHER OFFICERS IS REVIEWED BY THE COMPENSATION COMMITTEE IN CONJUNCTION WITH BUDGET REVIEW, AND ULTIMATELY APPROVED BY THE CHAIRPERSON. COMPENSATION DATA FROM SIMILARLY SITUATED NON-PROFIT ORGANIZATIONS IS UTILIZED AS PART OF THE REVIEW PROCESS. THIS PROCESS IS UNDERTAKEN ANNUALLY WITH OUTSIDE COMPENSATION DATA SOURCED EVERY 2 YEARS. THE MEETINGS OF THE COMPENSATION COMMITTEE ARE CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS WAS LAST COMPLETED IN 2018. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 IS ALSO AVAILABLE AT GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: PENSION RELATED GAINS 756,448. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NYC & COMPANY FOUNDATION 810 SEVENTH AVENUE - THIRD FLOOR NEW YORK NY 10019 134020446 PROMOTION NY 501(C)(3) LINE 7 NYC & COMPANY INC 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 NYC & COMPANY FOUNDATION P 136500 BOOK VALUE