2014-02-14T13:08:16-06:00 2013-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2012-07-01 131624229 THE YOUNG MEN'S AND YOUNG WOMEN'S HEBREW ASSOCIATION % JUDITH K RUBIN C/O 92ND ST YOUN 2124155457 1395 LEXINGTON AVENUE Suite NEW YORK NY 10128 Henry Timms 2128914109 2013-09-24 true JULIE FLOCH 2129498700 2012 2015-11-30 17:44:51Z Henry Timms 1395 LEXINGTON AVENUE NEW YORK NY 10128 112876472 false X www.92y.org X 1874 NY The 92nd Street Y promotes individual and family development and participation in civic life within the context of Jewish values and American pluralism. 61 59 1628 7 396548 -628801 40982775 24581417 37728480 38567065 713088 3854434 0 0 79424343 67002916 1020000 1006821 0 0 37239780 37865217 30000 27500 2412824 29136780 30855410 67426560 69754948 11997783 -2752032 93826326 81170241 19007979 18930779 74818347 62239462 X SEE SCHEDULE O false true 15261059 697824 12139385 The Lillian & Sol Goldman Family Center for Youth & Family provide programs that promote the healthy development and growth of children of all ages. From classes for parents-to-be to extensive activities for teens, the Center provides a supportive, non-competitive environment that encourages children and families to reach their maximum potential. Center programs include the award-winning Parenting Center, the Nursery School, the Noar Afterschool Center, 10 summer camps and activities for children with developmental disabilties. 9688952 59702 7396612 THE MAY CENTER FOR HEALTH FITNESS & SPORT PROVIDES ADULTS AND CHILDREN WITH EXERCISE, RECREATION, HEALTH EDUCATION AND COMPETITIVE SPORT OPPORTUNITIES. ITS COMPREHENSIVE FITNESS FACILITIES INCLUDE TWO AIR-CONDITIONED GYMS; CARDIO, STRENGTH AND CONDITIONING EQUIPMENT; A 75-FOOT SWIMMING POOL; AEROBIC STUDIOS; AN INDOOR JOGGING TRACK AND MORE THAN 100 EXERCISE CLASSES WEEKLY. ALSO OFFERED ARE PROGRAMS FOR SPECIAL POPULATIONS THROUGH ITS CARDIAC REHABILITATION, NUTRITION, OSTEOPOROSIS AND WOMEN'S HEALTH PROGRAMS. HEALTH-RELATED LECTURES ARE PROVIDED BY LEADING MEDICAL AUTHORITIES. 9463782 1604483 DURING FISCAL YEAR 2013, 92Y CLOSED ITS PROGRAMMING AT ITS 200 HUDSON STREET LOCATION. SUCH PROGRAMMING (TRICBECA PROGRAMS) WILL NOW BE HELD AT THE 92Y'S LEXINGTON AVENUE LOCATION OR IN OTHER LOCATIONS WITHIN THE TRIBECA AREA. 26632901 249295 17426585 61046694 true true false true false false false false false true true true false false true true true false false false true false false true true false false false true true false false false false false true true true true false false false false true false false false true X 583 0 1628 true true true true CJ EI false false false true true false false false false X 61 59 true false false false false false false true true false false true true true true true true true true false CT FL MD MA NJ NY NC PA TX X JUDITH K RUBIN CO 92ND ST 2124155457 1395 LEXINGTON AVENUE NEW YORK NY 10128 STUART J ELLMAN 1.0 X X 0 0 0 THOMAS S KAPLAN 1.0 X X 0 0 0 LAURENCE D BELFER 1.0 X X 0 0 0 MICHAEL GOLDSTEIN 1.0 X X 0 0 0 RICHARD J MACK 1.0 X X 0 0 0 CHERYL MINIKES 1.0 X X 0 0 0 JOHN PAULSON 1.0 X X 0 0 0 FREDERIC M POSES 1.0 X X 0 0 0 EVA 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RESTRICTED false true false false false false true 84000 false false 84000 false false INFORMATION ON LOBBYING EACH YEAR, THE 92Y MUST RAISE NEARLY ONE THIRD OF ITS INCOME FROM CONTRIBUTIONS, GIFTS AND GRANTS. TO MEET THIS NEED AND TO FULFILL ITS MISSION, 92Y WORKS WITH LOCAL, STATE AND FEDERAL REPRESENTATIVES TO ASSIST IN THE IDENTIFICATION OF POTENTIAL FUNDING SOURCES AND GRANT APPLICATION PROCEDURES. 43269981 3460845 1285162 482094 47533894 40041116 4794329 120350 1685814 43269981 25903276 13068715 2494359 1425234 40041116 25272082 124617 1904419 1397842 25903276 24694386 577696 1400715 1400715 25272082 1.00000 false false 2524881 2524881 39637840 31367039 8270801 41483431 31411028 10072403 20868085 LIMITED PARTNERSHIPS 12357949 F PRIVATE EQUITY SECURITIES 175752 F 12533701 0 DEFERRED RENT 0 SECURITY DEPOSIT 72679 72679 X 57082590 -9999764 1505366 172911 -8321487 65404077 592018 1006821 1598839 67002916 69661475 1505366 1505366 68156109 592018 1006821 1598839 69754948 PARTS XI LINES 2D APPRECIATION IN THE FAIR VALUE OF CHARITABLE REMAINDER UNITRUST: $172,911. PART V LINE #4 92Y'S ENDOWMENT FUNDS ARE INVESTED AND THE INVESTMENT INCOME FUNDS THE PROGRAMS REQUESTED BY OR RELATED TO THE ENDOWMENT REQUEST. PART X - OTHER LIABILITIES QUESTION 2 INCOME TAX UNCERTAINTIES: THE 92Y FOLLOWS THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740-10-05 RELATING TO THE ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE 92Y, ASC TOPIC 740-10-05 IS POTENTIALLY APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME ATTRIBUTABLE TO INVESTMENT INCOME, ADVERTISING INCOME AND CAFETERIA SALES. HOWEVER, ASC TOPIC 740-10-05 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE 92Y'S FINANCIAL STATEMENTS. PARTS XII AND XIII LINE #4B SCHOLARSHIP ACCOUNTED FOR IN THE FINANCIAL STATEMENTS AS A REDUCTION OF REVENUE AND IN THE TAX RETURN AS AN EXPENSE: $1,006,821 Europe (Including Iceland and Greenland) Investments 6717009 Central America and the Caribbean Investments 1068197 7785206 7785206 true false false false false false X X X X X X X true BARBI ZAKIN EVENTS LLC FUNDRAISING false 36250 27500 8750 36250 27500 8750 CT FL MD MA NJ NY NC PA TX SPRING GALA 3646362 3008566 637796 637796 NURSERY BENEFIT 933560 793987 139573 139574 4 369009 244097 124912 124911 4948931 4046650 902281 902281 902281 true SCHOLARSHIPS 957 1006821 fair value scholarship PART I LINE 2 SCHOLARSHIPS ARE GRANTED TO FUND PARTICIPATION IN THE 92ND STREET Y'S PROGRAMS. THE GRANTEE NEVER TAKES POSSESSION OF THE FUNDS. THE FUNDS ARE APPLIED DIRECTLY TO THE TUITION AND OR PROGRAM FEES. SCHOLARSHIPS FOR 92Y CLASSES, PROGRAMS, AND MEMBERSHIPS ARE AWARDED BASED ON FINANCIAL NEED. ALL SCHOLARSHIP APPLICANTS MUST SUBMIT A SCHOLARSHIP APPLICATION AND PROVIDE COPIES OF CURRENT FINANCIAL DOCUMENTS AS STATED ON THE APPLICATION. X X X X true false false false false false false false false SOL ADLER 419280 0 0 0 36015 0 40994 0 14705 0 510994 0 0 0 HENRY TIMMS 266055 0 0 0 0 0 1712 0 6872 0 274639 0 0 0 HELAINE GEISMAR KATZ 293254 0 0 0 9519 0 1695 0 2893 0 307361 0 0 0 CATHERINE REED 224983 0 0 0 22500 0 1313 0 16047 0 264843 0 0 0 ERIC LANGE 204942 0 0 0 16267 0 0 0 8243 0 229452 0 0 0 ALYSE MYERS 223163 0 0 0 0 0 0 0 4414 0 227577 0 0 0 ELLEN BIRNBAUM 193317 0 0 0 0 0 41596 0 3600 0 238513 0 0 0 FRETTA REITZES 163856 0 0 0 0 0 52339 0 5788 0 221983 0 0 0 COMPENSATION REVIEW PART I LINE 3 IN REGARDS TO EXECUTIVE COMPENSATION IN FY2011, THE HUMAN RESOURCES MANAGEMENT COMMITTEE (HMRC) (CHAIRED BY FRED POSES, IN CONJUNCTION WITH TOM KAPLAN AND FRED MACK) COMMISSIONED JAMES E. ROCCO ASSOCIATES TO PERFORM A REVIEW OF THE EXECUTIVE DIRECTOR'S COMPENSATION IN FY 2011; MR. ROCCO PRESENTED HIS FINDINGS TO THE HRMC MEMBERS ON MARCH 2, 2011 AND A NEW LEVEL OF COMPENSATION WAS APPROVED BY FRED POSES, TOM KAPLAN AND FRED MACK SHORTLY THEREAFTER. THIS WAS PART OF A MULTI-YEAR AGREEMENT WHICH APPLIES TO FISCAL YEAR 2013. IN ADDITION, A special committee of the Board of Directors reviews compensation for key employees. BARBIE ZAKIN SISTER-IN-LAW OF BRD MEM 50525 PAYMENT TO PROF FUND-RAISER false JOHN PAULSON-BOARD MEMBER PARTNER OF AN INVEST FIRM 157950 PERFORMANCE FEE AND MNG FEE false X 11 1290978 FAIR MARKET VALUE false true false FORM 8868 AND FORM 990 PART III LINE 1 - ORGANIZATION'S MISSION FORM 8868 - APPLICATION FOR EXTENSION OF TIME TO FILE FOR AN EXEMPT ORGANIZATION WAS ELECTRONICALLY FILED. FORM 990 PART III LINE 1 - ORGANIZATION'S MISSION FOUNDED MORE THAN A CENTURY AGO TO SERVE THE JEWISH PEOPLE, THE 92Y PROMOTES INDIVIDUAL AND FAMILY DEVELOPMENT AND PARTICIPATION IN CIVIC LIFE WITHIN THE CONTEXT OF JEWISH VALUES AND AMERICAN PLURALISM. A COMMUNITY AND CULTURAL CENTER, THE YM-YWHA SEEKS TO CREATE, PROVIDE AND DISSEMINATE PROGRAMS OF DISTINCTION THAT FOSTER THE PHYSICAL AND MENTAL HEALTH OF HUMAN BEINGS THROUGHOUT THEIR LIVES, THEIR EDUCATIONAL AND SPIRITUAL GROWTH, AND THEIR ENJOYMENT. THE 92Y REACHES OUT BEYOND ITS CORE CONSTITUENCY OF AMERICAN JEWS TO SERVE PEOPLE OF DIVERSE, RACIAL, RELIGIOUS, ETHNIC AND ECONOMIC BACKGROUNDS, SEEKING PARTNERSHIPS THAT LEAVEN OUR PROGRAMS AND BROADEN OUR INFLUENCE. Part III STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS AND PART IX EXPENSES Line 3 AND PART IX STATEMENT OF FUNCTIONAL EXPENSES DURING FISCAL-YEAR 2013, THE 92Y MADE THE DECISION TO CLOSE ONE OF ITS PROGRAM LOCATIONS AT 200 HUDSON STREET IN THE TRIBECA AREA OF MANHATTAN ("TRIBECA"). IN MARCH 2013, THE 92Y EXERCISED ITS RIGHT TO TERMINATE ITS LEASE AGREEMENT AT TRIBECA. PRIOR TO THE EFFECTIVE DATE OF TERMINATION, THE 92Y MOVED SOME OF ITS EQUIPMENT AND INVENTORY TO ITS PRINCIPAL LOCATION. CERTAIN FIXED ASSETS AND EQUIPMENT THAT COULD NOT BE MOVED TO ITS PRINCIPAL LOCATION WERE WRITTEN OFF AMOUNTING TO APPROXIMATELY $6,914,000. THE 92Y INCURRED A LOSS OF APPROXIMATELY $3,622,000 AS A RESULT OF THIS WRITE-OFF. PART III STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS LINE #4D OTHER PROGRAM SERVICES The School of the Arts continues the 92Y's long history of offering outstanding instruction in music, dance and the visual arts. Under its auspices are the School of Music, founded in 1917, the Art Center, founded in 1930, and the Harkness Dance Center, which offered the modern dance movement its first home in America in 1935. Classes are available for all age groups, from preschool children to senior adults, and at all levels of training, from avocational beginners to established professional performers, teachers and choreographers. The School's Educational Outreach Program brings music, dance and art into the lives of 8,000 economically disadvantaged students in East and West Harlem public schools. Scholarships = $209,130 Expenses = $7,662,934 Revenue = $4,344,670 Through its Music Program, the Tisch Center for the Arts produces and presents world-class concerts of classical, world, folk and cabaret music, lyric theater and jazz. The Center's Unterberg Poetry Center, established in 1939, produces a renowned literary reading series that presents the most distinguished writers of our time. The Tisch Center for the Arts offers extensive educational programs for writers of all levels, sponsors an adult literacy project for non-English-speaking, lower-income, recent immigrants, and hosts a literary program that brings world-famous authors to high schools to teach writing workshops. Scholarships = $3,843 Expenses = $4,370,575 Revenue = $1,880,018 The Charles Simon Center for Adult Life & Learning offers a unique blend of social, educational and cultural programs for adults at every stage of their lives, from singles to seniors. Internationally known as the presenter of the country's most prestigious lecture series, the Center brings the world's finest minds and most intriguing cultural figures to the 92Y's stage. Additionally, the Center offers diverse personal growth, career development and language classes, as well as local tours to places of historic, social, artistic and architectural importance. The acclaimed de Hirsch Residence also falls under the auspices of this Center. Scholarships = $10,947 Expenses = $8,931,165 Revenues = $8,531,914 The Bronfman Center for jewish life, offers a distinguished array of lectures, interviews, classes, workshops and holiday celebrations that explore jewish ideas and themes. Known as a jewish home to thousands of adults and children, the center offers a wide range of programs to those beginning an exploration of judaism, those continuing their studies and those seeking a better understanding of jewish values, texts, history and rituals. Scholarships = $25,375 Expenses = $2,503,726 Revenues = $1,046,266 The Milstein/Rosenthal Center for media & technology is spearheading the 92Y's foray into the technology age. Working with the other centers, the unit is developing and implementing technology-based-programs, long distance learning, internet simulcasts, video conferencing, and similar new-media tools that will enable the 92Y to extend its reach beyond its four walls to communities and constituencies around the world. Scholarships = $0 Expenses = $880,423 Revenues = $187,655 AGENCY WIDE INITIATIVES: Agency Wide Initiatives develop innovative agency programs, such as Giving Tuesday, UN Week, Social Good Summit and Week of Wellness. The 92Y also earns revenue from renting out its concert hall and through its annual Street Festival. These initiatives generated $951,515 in earned revenue during the fiscal year. Scholarships = $0 Expenses = $2,284,078 Revenues = $951,515 INSTITUTIONAL SUPPORT: The 92Y earns revenue through class and ticket registration/handling fees and the renting out of rooms for public use. These activities generated $484,547 in earned revenue during the fical year. year. BOARD RELATIONSHIPS PART VI, SECTION A, #2 ANDREW CRYSTAL AND RICHARD CRYSTAL - FAMILY RELATIONSHIP. REVIEW OF 990 PART VI, SECTION B, #11B A MEMBER OF THE AUDIT COMMITTEE HAS REVIEWED THE 990 AND MET WITH THE AUDIT COMMITTEE TO REVIEW THE FINAL DRAFT AND PRESENTED IT TO THE BOARD. CONFLICT OF INTEREST PART VI, SECTION B, #12 Officers, Directors, Trustees and Key employees are required to sign a conflict of interest statement ON AN ANNUAL BASIS. The forms are handed out at Board meetings and followed up by the Executive Office to ensure prompt response. REVIEW OF COMPENSATION PART VI, SECTION B, #15A AND #15B In regards to Executive Compensation in FY2011, the Human Resources management committee (HRMC) (chaired by Fred Poses, in conjunction with Tom Kaplan and Fred Mack) commissioned James E. Rocco Associates to perform a review of the Executive Director's compensation in FY 2011; Mr. Rocco presented his findings to the HRMC members on March 2, 2011 and a new level of compensation was approved by Fred Poses, Tom Kaplan and Fred Mack shortly thereafter. This was part of a multi-year agreement which applies to fiscal year 2013 as well. IN ADDITION, A special committee of the Board of Directors reviews compensation for key employees. PUBLIC AVAILABILITY OF DOCUMENTS part vi, section c, #19 the financial statements AND COMPLETE 990 are made available to the public upon request. IN ADDITION, the FINANCIAL STATEMENTS, THE IRS determination letter AND EXCERPTS OF THE FORM 990 ARE available on the 92y'S website. OTHER CHANGES IN NET ASSETS PART XI, #9 OTHER CHANGES IN NET ASSETS INCLUDES GAIN ON THE FAIR MARKET VALUE OF THE CHARITABLE REMAINDER TRUST OF $172,911. Part VI GOVERNANCE, MANAGEMENT AND DISCLOSURE SECTION A, LINE 5 DURING THE FISCAL YEAR, THE 92Y FORMED A SPECIAL COMMITTEE OF DIRECTORS AND ENGAGED AN OUTSIDE LAW FIRM TO INVESTIGATE ALLEGATIONS OF MISCONDUCT BY A FORMER EMPLOYEE. THAT INVESTIGATION PRODUCED EVIDENCE THAT THE EMPLOYEE IN QUESTION, HAD ENGAGED IN IMPROPER CONDUCT. AS A RESULT, THAT FORMER EMPLOYEE'S SEVERANCE AND OTHER BENEFITS HAVE BEEN TERMINATED, AND EVIDENCE CONCERNING HIS MISCONDUCT HAS BEEN DISCLOSED TO THE APPROPRIATE LAW ENFORCEMENT AUTHORITIES. ALTHOUGH THE EVIDENCE PRODUCED BY THE INVESTIGATION POINTED ONLY TO A SINGLE EMPLOYEE RECEIVING IMPROPER PAYMMENTS, 92Y HAS TAKEN THE APPROPRIATE STEPS, INCLUDING THE TERMINATION OF SEVERAL EMPLOYEES WHO WERE AWARE OF OR SHOULD HAVE BEEN AWARE OF, BUT FAILED TO REPORT, IMPROPER CONDUCT. 92Y RETAINED AN INDEPENDENT ACCOUNTING FIRM TO ENSURE THAT IT IS COMPLIANT WITH BEST PRACTICES AND CONTROLS IN ALL ASPECTS OF ITS FISCAL, SOURCING AND PURCHASING OPERATIONS. IN ADDITION,92Y WHISTLEBLOWER POLICY WAS RE-EMPHASIZED THROUGH MULTIPLE COMMUNICATIONS WITH THE BOARD AND ALL EMPLOYEES. BASED ON THE RESULTS OF THE INVESTIGATION, THE IMPROPER CONDUCT DID NOT HAVE A MATERIAL IMPACT ON 92Y'S FINANCIAL CONDITION. THE SPECIAL COMMITTEE AND THE BOARD CONTINUE THEIR REVIEW OF THE SITUATION, INCLUDING CONSIDERATION OF FURTHER ACTIONS AND IMPLICATIONS. THE BOARD IS CONFIDENT THAT THE ACTIONS THAT HAVE BEEN TAKEN WILL ENSURE THAT 92Y WILL CONTINUE TO BE AN INVALUABLE RESOURCE FOR OUR FAMILIES AND OUR COMMUNITY. FORM 990 PART X UNRESTRICTED NET ASSETS THE 92Y MAINTAINS A POSITIVE TOTAL NET ASSET POSITION AS OF JUNE 30, 2013. HOWEVER, THE 92Y'S UNRESTRICTED NET ASSETS ARE IN A DEFICIT POSITION AS OF JUNE 30, 2013. MANAGEMENT'S PLANS TO MITIGATE THIS POSITION INCLUDE (I)IMPROVED OPERATING RESULTS AND (II)FUTURE RELEASES OF TEMPORARILY RESTRICTED NET ASSETS, INCLUDING A DONOR-RESTRICTED INVESTMENT, THE LAPSE OF DONOR-IMPOSED TIME RESTRICTIONS AND COLLECTIONS OF PLEDGE RECEIVABLES. Partnership for Jewish Life 1395 LEXINGTON AVENUE NEW YORK NY 10128 133935121 INACTIVE NY 501(C)(3) 509(a)(1) 92ND ST Y false false false false false false false false false false false false false false false false false false false