2015-03-31T09:24:43-05:00 2014-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2013-07-01 136533158 ASPHALT GREEN INC % JASON CAMPORESE ASPH 2123698890 555 EAST 90TH STREET Suite NEW YORK NY 10128 MAGGY SIEGEL EXECUTIVE DIRECTOR 2128914109 2015-04-10 true julieflocheisnerampercom P00736879 2128914109 2013 2016-02-25 16:41:14Z MAGGY SIEGEL 55 EAST 90TH STREET NEW YORK NY 10128 31759309 false X www.asphaltgreen.org X 1975 NY ASPHALT GREEN IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ASSISTING INDIVIDUALS OF ALL AGES AND BACKGROUNDS ACHIEVE HEALTH THROUGH A LIFETIME OF SPORTS AND FITNESS. 19 17 825 174550 -118743 3624399 3584309 16829933 22550717 906369 96723 248004 31584 21608705 26263333 0 0 0 0 13071569 17391885 0 0 717499 8726076 10279207 21797645 27671092 -188940 -1407759 35737841 35493458 7588354 7682599 28149487 27810859 X ASPHALT GREEN, INC. IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ASSISTING INDIVIDUALS OF ALL AGES AND BACKGROUNDS TO ACHIEVE HEALTH THROUGH A LIFETIME OF SPORTS AND FITNESS. ASPHALT GREEN HAS TWO CAMPUSES: ONE ON THE UPPER EAST SIDE ("AG") AND THE OTHER IN BATTERY PARK CITY ("AGBPC"). THE AG CAMPUS INCLUDES THE GEORGE AND ANNETTE MURPHY CENTER; THE AQUA CENTER (WHICH HOUSES NEW YORK CITY'S FIRST INDOOR, OLYMPIC-SIZED POOL OPEN TO THE COMMUNITY AT LARGE); A SUPERTURF PLAYING FIELD; DEKOVATS PARK; AND SUNDIAL PLAZA. FORMED IN 1972 IN NEW YORK CITY, ASPHALT GREEN CONVERTED AN ABANDONED MINICIPAL ASPHALT PLANT INTO A SPORTS AND ARTS CENTER WITH TWO GYMNASIUMS; BASKETBALL COURTS; AND AN INDOOR RUNNING TRACK. PROGRAMS FOR YOUNG PEOPLE ARE DESIGNED TO CHALLENGE THE INTELLECTUAL, CREATIVE AND PHYSICAL ABILITIES OF THE PARTICIPANTS. THE CITY OF NEW YORK RETAINS OWNERSHIP OF THE AG CAMPUS AND ASPHALT GREEN IS RESPONSIBLE FOR EQUIPPING, OPERATING AND MAINTAINING THE FACILITIES. THE AGBPC COMMUN false false 5793108 7280438 FACILITIES USAGE - INCLUDES USAGE OF POOL AND FITNESS CENTER. BENEFITED APPROXIMATELY 7,167 PEOPLE PER YEAR. 12350690 13922149 PROGRAMS - INCLUDES AQUATICS, EXERCISE PROGRAMS, GYMNASTICS, SPORTS, MARTIAL ARTS, AND CAMPS. BENEFITED APPROXIMATELY 32,419 PEOPLE PER YEAR. 2317243 FREE COMMUNITY PROGRAMS & USAGE - INCLUDES USAGE OF POOL, FIELD, GYM, THEATRE, SPORTS, AQUATICS AND OTHER PROGRAMS. BENEFITED APPROXIMATELY 30,708 PEOPLE PER YEAR. 1853794 1348130 22314835 true true false true false false false false false true true false false false true true true false false false false false false false true false false false false true false false false false false false false true true false false false false false false false false true 55 0 true 825 true true true false false false false true true false false false false X 19 17 true false false false false false false true true false false true true true true true true true false false NY X JASON CAMPORESE 6469812237 555 EAST 90TH STREET NEW YORK NY 10128 ANDREW J NUSSBAUM CHAIRMAN 2.0 X X ANNE DONOVAN BODNAR VICE-CHAIR 2.0 X X THOMAS NEWMAN TREASURER 2.0 X X PATRICIA SAUNDERS SECRETARY 2.0 X X CAROLINE HRIBAR DIRECTOR 2.0 X BIPPY M SIEGAL DIRECTOR 2.0 X PETER S BRITELL DIRECTOR 2.0 X STEWART B CLIFFORD DIRECTOR 2.0 X WILLIAM S EAKINS DIRECTOR 2.0 X KIRSTEN J FELDMAN DIRECTOR 2.0 X DINO FUSCO DIRECTOR 2.0 X ROWDY GAINES DIRECTOR 2.0 X SAMUEL J JEMAL DIRECTOR 2.0 X DAMON PAZZAGLINI DIRECTOR 2.0 X SCOTT RODEO DIRECTOR 2.0 X ALBERT L ZESIGER DIRECTOR 2.0 X BARRIE ZESIGER DIRECTOR 2.0 X ELIZABETH ZUPPONE DIRECTOR 2.0 X ELAINE KWONG DIRECTOR 2.0 X 0 0 0 CAROL TWEEDY EXECUTIVE DIRECTOR UNTIL 6/30 40.0 X 281874 0 62497 JEFFREY DORN CHIEF OPERATING OFFICER 40.0 X 201301 0 35566 PAUL WEISS CHIEF PROGRAM OFFICER 40.0 X 176400 0 19080 THOMAS O'CONNOR DIRECTOR OF OPERATIONS 40.0 X 122040 26370 JEANNE YOA-REESE DIRECTOR OF HUMAN RESOURCES 40.0 X 113437 0 15575 PHIL DONNELLY MEMBERSHIP DIRECTOR 40.0 X 129121 0 27451 MITCHELL GLENN DIRECTOR OF TECHNOLOGY 40.0 X 140776 0 25210 JASON CAMPORESE DIRECTOR OF FINANCE 40.0 X 104129 0 24820 1269078 0 236569 17 false true false ELITE SERVICE GROUP 40 WEST 27TH STREET 12TH FLOOR NEW YORK NY 10001 CLEANING SERVICE 548283 ALLIED BARTON SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY 163172 C SYSTEMS LLC 510 THORNALL STREET SUITE 3 EDISON NJ 08837 TECH. CONSULTING 122622 GCA SERVICES GROUP PO BOX 643823 PITTSBURGH PA 152643823 CLEANING SERVICE 155513 SARD VERBINNEN COLLC 630 THIRD AVENUE 9TH FLOOR NEW YORK NY 10017 P.R. CONSULTING 232417 5 809917 740633 2033759 10080 3584309 FACILITIES USAGE 713940 7280438 7280438 PROGRAMS 713940 13922149 13885434 36715 FACILITIES RENTAL 713940 1123130 985295 137835 ASPHALT GREEN BATTERY PARK CITY REVENUE 713940 225000 225000 22550717 128525 128525 0 0 0 0 0 5419714 5451516 -31802 -31802 -31802 44460 809917 44460 0 0 0 INSURANCE PROCEEDS 900099 31584 31584 31584 26263333 22376167 174550 128307 0 0 0 0 679940 270600 303740 105600 0 14033493 12713945 1142188 177360 376497 250137 120864 5496 1291760 1049607 192065 50088 1010195 887258 107672 15265 0 88089 88089 66000 66000 152450 20400 111600 20450 0 155853 155853 1057114 203677 795042 58395 499321 1776 450997 46548 1426002 1348862 59311 17829 301768 291678 9995 95 0 676803 651073 13536 12194 262575 244352 17785 438 0 56705 39186 13444 4075 0 0 3045843 2929827 60917 55099 419483 384787 28000 6696 FOOD CATERING 193504 22631 47533 123340 MAINTENANCE AND GROUNDS 653691 620457 18908 14326 BUILDING SUPPLIES 293094 283232 5862 4000 CREDIT CARD PROCESSING 458822 458822 472090 101350 370535 205 27671092 22314835 4638758 717499 X 64501 62486 2015 4956577 4040420 2319126 2307638 489675 930378 71689 46300 0 0 0 0 0 0 0 0 523666 700279 54492585 38730860 16637767 15761725 10067451 11001733 671890 704985 0 0 0 0 0 0 35737841 35493458 1423422 1543116 0 0 5438344 5562741 0 0 0 0 0 0 0 0 0 0 726588 576742 7588354 7682599 X 21864239 21137619 4203562 4591554 2081686 2081686 28149487 27810859 35737841 35493458 -1407759 1069131 X false true X true false X 1698579 3642929 2345181 3624399 3584309 14895397 12602217 13579336 16184284 16829933 22550717 81746487 0 0 0 14300796 17222265 18529465 20454332 26135026 96641884 143071 414093 1060303 2367570 1827728 5812765 91758 44746 20946 25979 0 183429 234829 458839 1081249 2393549 1827728 5996194 90645690 86643 101546 89983 122370 128525 529067 0 86643 101546 89983 122370 128525 529067 3195 191 3386 102000 149424 248004 31584 531012 14492634 17473426 18619448 20824706 26295135 97705349 0.92775 0.94034 0.00541 0.00613 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 79350 79350 22235485 22314835 1000000 250000 false 1000000 1000000 1500000 79350 79350 250000 250000 375000 79350 79350 152450 SCHEDULE C PART IIA FEES WERE PAID TO A CONSULTANT TO SECURE FUNDING FROM NEW YORK CITY FOR ASPHALT GREEN'S COMMUNITY PROGRAMS SUCH AS WATERPROOFING, COMMUNITY SPORTS LEAGUE, AND RECESS ENHANCEMENT PROGRAM, AS WELL AS CAPITAL PROJECTS SUCH AS AQUA CENTER AND MURPHY CENTER. THE CONSULTANT PROVIDES ADVISORY SERVICES AND SCHEDULES MEETINGS FOR THE EXECUTIVE DIRECTOR AND COUNCIL MEMBERS. 4342076 556605 176400 4722281 4288773 538276 484973 4342076 4997519 -494545 214201 4288773 2292538 2916351 211370 4997519 2217045 75493 2292538 0.44000 0.56000 38564825 29548761 9016064 13137283 8214823 4922460 2790477 967276 1823201 15761725 0 REFUNDABLE ADVANCE 500000 DEFERRED RENT LIABILITY 76742 WORKING CAPITAL ADVANCE 0 576742 27346206 1069131 13742 1082873 26263333 26263333 27684834 13742 13742 27671092 27671092 PARTS V, #4 AND X, #2 PART V, #4 TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, #2 ASPHALT GREEN ADOPTED THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740 "INCOME TAXES," RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR ASPHALT GREEN, ASC TOPIC 740 IS POTENTIALLY APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME ("UBI") ATTRIBUTABLE TO THE RENTAL OF CERTAIN FACILITIES. ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON ASPHALT GREEN'S FINANCIAL STATEMENTS. MANAGEMENT BELIEVES THAT THERE IS LITTLE LIKELIHOOD OF AN AUDIT OF ITS TAX COMPLIANCE FOR PERIODS PRIOR TO FISCAL YEARS 2011. BIG SWIM BENEFI 815979 771519 44460 44460 AUCTION 38398 38398 0 854377 809917 44460 44460 44460 X false false false false false false false false false CAROL TWEEDY EXECUTIVE DIRECTOR UNTIL 6/30 260674 0 21200 0 0 0 51000 0 11497 0 344371 0 0 0 JEFFREY DORN CHIEF OPERATING OFFICER 182101 0 19200 0 0 0 14285 0 21281 0 236867 0 0 0 PAUL WEISS CHIEF PROGRAM OFFICER 157200 0 19200 0 0 0 12180 0 6900 0 195480 0 0 0 PHIL DONNELLY MEMBERSHIP DIRECTOR 124921 0 4200 0 0 0 7591 0 19860 0 156572 0 0 0 MITCHELL GLENN DIRECTOR OF TECHNOLOGY 135576 0 5200 0 0 0 7510 0 17700 0 165986 0 0 0 ALBERT AND BARRIE ZESIGER BOARD MEMBERS 155853 PAYMENT OF INV. ADVISORY FEES false X 5 102304 FMV X DONATED GOODS 161 70463 FMV false false false PART III, LINE 4D OTHER PROGRAM SERVICES INCLUDES THE FOLLOWING: 1) FACILITIES RENTAL - INCLUDES THE RENTAL OF THE POOL, GYM, THEATRE, STUDIOS AND ASTROTURF FIELD. BENEFITED APPROXIMATELY 7,167 PEOPLE PER YEAR. 2)UNDER A 2009 MANAGEMENT-SERVICES AGREEMENT BETWEEN ASPHALT GREEN AND THE BATTERY PARK CITY AUTHORITY ("BPCA"), ASPHALT GREEN IS THE MANAGER OF A NOT-FOR-PROFIT COMMUNITY CENTER WHICH IS LOCATED IN BATTERY PARK CITY ("AGBPC"). ASPHALT GREEN HAS BEEN REIMBURSED FOR CERTAIN PRE-OPENING AND OPERATING EXPENSES BUDGETED AND INCURRED IN CONNECTION WITH THE NEW FACILITY. DURING FISCAL-YEAR 2013, ASPHALT GREEN RECEIVED $895,406 OF SUCH FUNDING. RELATED PRE-OPENING AND OPERATING EXPENSES INCURRED FOR AGBPC AMOUNTED TO $1,179,403 FOR FISCAL-YEAR 2013. THE 2009 MANAGEMENT SERVICE AGREEMENT WAS SUBSEQUENTLY AMENDED IN MARCH, 2013. THE AGBPC FACILITY FORMALLY BEGAN ITS OPERATIONS IN JUNE 2013 UNDER AN AMENDED MANAGEMENT-SERVICES AGREEMENT (THE "MARCH, 2013 AGREEMENT"). UNDER THIS MARCH, 2013 AGREEMENT, BPCA LEASED TO ASPHALT GREEN THE PREMISES AS DEFINED IN THE AGREEMENT. THE PREMISES ARE LEASED FOR A TERM OF APPROXIMATELY TEN YEARS, WHICH STARTED ON MAY 1, 2013 AND WILL END IN JUNE 2023, OR ON THE LAST DAY OF ANY RENEWED TERMS. RENTAL PAYMENT WILL BE BASED ON A FEE STRUCTURE THAT USES A PERCENTAGE OF AGPBC'S OPERATING REVENUE AND WILL BEGIN ON JULY 1, 2018. THE ESTIMATED FUTURE MINIMUM RENTAL PAYMENTS, THROUGH FISCAL-YEAR 2023, IS APPROXIMATELY $669,000. IN ADDITION, ASPHALT GREEN WILL RECEIVE $225,000 PER YEAR FOR OPERATING EXPENSES RELATED TO THE PREMISES FOR THE FIRST THREE YEARS OF OPERATION. PART VI, SECTION A, #2 OFFICER RELATIONSHIPS: BARRIE AND ALBERT ZESIGER ARE HUSBAND AND WIFE. PART VI, SECTION B, #11B REVIEW OF 990: A COPY OF THE 990 IS DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING, AND IS REVIEWED IN DETAIL BY THE TREASURER. PART VI, SECTION B, #12C MONITORING OF CONFLICT OF INTEREST POLICY: ON AN ANNUAL BASIS, ASPHALT GREEN REQUIRES THAT ALL DIRECTORS, OFFICERS AND SENIOR STAFF MANAGEMENT SIGN THE CONFLICT OF INTEREST POLICY FORM. PART VI, SECTION B, #15 COMPENSATION PROCEDURES: THE EVALUATION WAS UNDERTAKEN BY THE HUMAN RESOURCES COMMITTEE. THE RESULTS OF THE EVALUATION AND REVIEW WERE SHARED AND DISCUSSED WITH THE OTHER BOARD MEMBERS. PART VI, SECTION C, #19 PUBLIC AVAILABILITY OF DOCUMENTS: ASPHALT GREEN WILL PROVIDE THE AUDITED FINANCIAL STATEMENTS UPON REQUEST. FORM 8868 APPLICATION FOR EXTENSION OF TIME TO FILE FOR AN EXEMPT ORGANIZATION WAS ELECTRONICALLY FILED.