2018-05-14T10:48:48-05:00 2017-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 Fifth Avenue New York NY 10022 990 2016-07-01 135531178 NYC & COMPANY INC NYC& 2124841200 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 Richard Lovatt CFO 2124841200 2018-05-14 1 Garrett M Higgins P00543209 2122862600 2018-05-14 2016 2022-09-23 18:48:47Z FRED DIXON 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 39468054 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. 75 74 173 81 0 0 9131665 21671923 9277009 16462234 312 1161 28741 1332736 18437727 39468054 0 0 0 0 8861865 17339133 0 0 0 9640271 19677183 18502136 37016316 -64409 2451738 10010847 12602946 12593685 11019103 -2582838 1583843 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 47 0 173 1 0 0 0 0 1 1 0 X 75 74 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 450189 0 21824 Wilma Alonso Board member/Executive Committee 1.00 X 0 0 0 Gina Argento 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 Thomas Bosco Board Member through March 2017 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 Zachary Carter Board member/Executive Committee 1.00 X 0 0 0 Frank Castronovo Board member 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 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 Susan Delvalle Board Member through March 2017 1.00 X 0 0 0 Lisa DeRosa Board member 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 Jeff Friday Board Member through March 2017 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 Thelma Golden Board Member through March 2017 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 Caroline Hirsch Board member 1.00 X 0 0 0 Margaret Honey Board member/Executive Committee 1.00 X 0 0 0 Herv Houdr Board member/Executive Committee 1.00 X 0 0 0 Paul Insalaco Board Member through March 2017 1.00 X 0 0 0 Melinda Katz Board member 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 Patti Lee Board member/Executive Committee 1.00 X 0 0 0 Thomas G Lewis Board Member through March 2017 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 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 Mitchell B Modell 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 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 Joseph E Spinnato Board Member through March 2017 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 Tim Tompkins Board member/Executive Committee 1.00 X 0 0 0 Maria Torres-Springer Board Member through March 2017 1.00 X 0 0 0 Nick Valenti Board member/Executive Committee 1.00 X 0 0 0 Jorge Daniel Veneciano Board member 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 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 314132 0 34810 Kevin Booth Chief Financial Officer 40.00 X 274142 0 41258 Jerry Cito SVP, Convention Development 40.00 X 261926 0 31346 Kelly Curtin SVP, Membership & Destination Services 40.00 X 229498 0 33105 Marty Markowitz VP, Borough Promotion and Engagement 40.00 X 197186 0 6451 Christopher Heywood SVP, Communications 40.00 X 184511 0 32991 Richard Lovatt SVP, Finance 40.00 X 179994 0 31180 2091578 0 232965 41 0 1 0 Crossmedia Inc 275 Seventh Avenue 27th Floor New York NY 10001 Marketing 1218035 BFor Int'l-bieneck Inc 520 William Street Suite E Fredericksburg VA 22401 Tradeshow Services 977251 Hills Balfour Synergy (UK) 58 Southwark Bridge Road London UK SE1 OAS Tourism Services 549304 Broadway inbound Inc 520 8th Avenue 11th Floor New York NY 10018 Ticket Vendor 507139 NYPD-new York Police Foundation Inc 555 Fifth Avenue 15th Floor New York NY 10017 Licensing 468981 41 21671923 21671923 Membership Dues 900099 4803197 4803197 Sponsorships 900099 4577298 4577298 Banner Program 900099 2512229 2512229 Publication Revenue 900099 2358646 2358646 Interactive Income 900099 2210864 2210864 16462234 1161 1161 1332736 1332736 39468054 17794970 0 1161 1147641 12497968 954850 1712546 1026128 226015 171259 533017 5643003 851199 426513 1443754 918774 3866927 9621 79604 115047 TOURISM 2638326 PUBLICATIONS 1091637 LICENSING COSTS 799686 BAD DEBT EXPENSE 376165 486636 37016316 1000 1000 5365827 8299817 2138387 1777694 4511 2328 914464 831654 381531 99616 38098 281915 1548560 1408538 10010847 12602946 1563072 2013442 3621839 3753006 7408774 5252655 12593685 11019103 X -2582838 1583843 -2582838 1583843 10010847 12602946 X 2451738 1714943 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 29148 2731 26417 352383 96885 255498 281915 DEFERRED COMPENSATION 72153 SECURITY DEPOSITS 222153 ACCRUED INCOME 1114143 Due from NYC & Company Foundation 89 1408538 ACCRUED PENSION COSTS 4049871 CAPITAL LEASE/CURRENT PORTION 90042 CAPITAL LEASE/NON-CURRENT PORTION 154795 DEFERRED COMPENSATION (CONTRA) 72153 DEFERRED RENT 835794 RESTRICTED/CHINATOWN KIOSK REMOVAL 50000 5252655 X 101869960 60686963 1714943 62401906 39468054 0 39468054 97703279 60686963 60686963 37016316 0 37016316 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, 2017. The Company's tax returns for all years since 2013 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 1,714,943. X 1 1 X X X 0 0 0 Fred Dixon President/CEO 449739 0 0 0 450 0 7950 0 13874 0 472013 0 0 0 Bryan Grimaldi COO & General Council 313682 0 0 0 450 0 7950 0 26860 0 348942 0 0 0 Kevin Booth Chief Financial Officer 273692 0 0 0 450 0 7950 0 33308 0 315400 0 0 0 Jerry Cito SVP, Convention Development 226476 0 35000 0 450 0 7937 0 23409 0 293272 0 0 0 Kelly Curtin SVP, Membership & Destination Servic 229048 0 0 0 450 0 7133 0 25972 0 262603 0 0 0 Marty Markowitz VP, Borough Promotion and Engagement 195318 0 0 0 1868 0 5618 0 833 0 203637 0 0 0 Christopher Heywood SVP, Communications 184055 0 0 0 456 0 5685 0 27306 0 217502 0 0 0 Richard Lovatt SVP, Finance 179717 0 0 0 277 0 0 0 31180 0 211174 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 CFO, COO and President/CEO 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 corporation's Chief Executive Officer and Chief Financial Officer is voted on by the Board. The compensation of other officers is reviewed by the Finance Committee in conjunction with budget review, and ultimately approved by the CEO. compensation data from similarly situated non-profit organizations is utilized as part of the review process. The meetings of the compensation committee are contemporaneously Documented. THIS PROCESS WAS LAST COMPLETED in 2017. 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 1,714,943. 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 269051 Book value