2012-05-12T10:32:23-04:00 2011-06-30 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE SUITE 2600 INDIANAPOLIS IN 46204 990 2010-07-01 132577233 New York City Economic Development Corp NEWY 2126195000 110 WILLIAM STREET NEW YORK NY 10038 KYLE KIMBALL 2012-05-11 3176817000 2010 2016-02-24 21:20:13Z KYLE KIMBALL 110 WILLIAM STREET NEW YORK NY 10038 796758087 false X WWW.NYCEDC.COM X 1991 NY NYCEDC FUNCTIONS AS NEW YORK CITY'S PRIMARY ENGINE FOR ECONOMIC DEVELOPMENT, LEVERAGES THE CITY'S ASSETS, DRIVES ECONOMIC GROWTH AND DIVERSITY, AND CREATES AND RETAINS JOBS. 24 18 545 0 0 0 619861050 547661992 109340004 137184103 823974 605197 38729015 111306795 768754043 796758087 0 0 0 0 23970528 10382493 0 0 0 725004539 696122317 748975067 706504810 19778976 90253277 570369874 755789125 359763283 454787871 210606591 301001254 X NYCEDC'S MISSION IS TO ENCOURAGE ECONOMIC GROWTH IN EACH OF THE FIVE BOROUGHS OF NEW YORK CITY BY STRENGTHENING THE CITY'S COMPETITIVE POSITION AND FACILITATING INVESTMENTS THAT BUILD CAPACITY, GENERATE PROSPERITY AND CATALYZE THE ECONOMIC VIBRANCY OF THE CITY AS A WHOLE. false false 701305635 248490898 THE CITY AND NYCEDC HAVE ENTERED INTO THE NYCEDC MASTER CONTRACT UNDER WHICH NYCEDC HAS BEEN RETAINED TO PERFORM VARIOUS SERVICES PRIMARILY RELATED TO THE RETENTION AND EXPANSION OF INDUSTRIAL AND COMMERCIAL DEVELOPMENT WITHIN THE CITY, INCLUDING AMONG OTHERS (1) FACILITATING COMMERCIAL AND INDUSTRIAL DEVELOPMENT PROJECTS, (2) STABILIZING AND IMPROVING INDUSTRIAL AREAS IN THE CITY, (3) ADMINISTERING PUBLIC LOAN, GRANT AND SUBSIDY PROGRAMS ON BEHALF OF THE CITY, (4) ENCOURAGING DEVELOPMENT OF INTRASTATE, INTERSTATE AND INTERNATIONAL COMMERCE WITHIN THE CITY, AND (5) MANAGING AND MAINTAINING CERTAIN CITY-OWNED PROPERTIES. 701305635 true true false false false false false true false true false false true true false false true false false false false false false false false false false false true false false false false false false false true false false false false true true true true false false true 33 0 true 545 true false false false false false false false false false false X 24 18 true false false false true true false true true false true false false true true true true true false false true true NY X X KYLE KIMBALL 2123123855 110 WILLIAM STREET NEW YORK NY 10038 Tony Barsamian 0.4 X 0 0 0 Rev AR Bernard Sr 0.4 X 0 0 0 Sharon Y Bowen 1.0 X 0 0 0 William Candelara 1.0 X 0 0 0 Marlene Cintron 0.4 X 0 0 0 Angela A Chao 0.4 X 0 0 0 Nicholas Dmytryszyn 0.4 X 0 115938 20376 Joseph I Douek 1.0 X 0 0 0 Alan B Friedberg 1.0 X 0 0 0 Victor Ganzi 1.0 X 0 0 0 Alaina Gilligo 0.4 X 0 128526 33674 James McSpiritt 1.0 X 0 93772 24568 Robert Lieber 0.1 X 0 129388 33900 Vicki Match Suna 0.1 X 0 0 0 Melva Miller 0.4 X 0 80898 21195 Mario J Palumbo Jr 0.4 X 0 0 0 Jeffrey Pash 0.4 X 0 0 0 Shaifali Puri 0.2 X 0 0 0 Mark E Russo 0.4 X 0 0 0 Robert K Steel 1.0 X 0 1 0 Carlo A Scissura 0.4 X 0 145268 38060 Robert J Strang 1.0 X 0 0 0 George Twill 1.0 X 0 0 0 Leonard Wasserman 0.2 X 0 159409 41765 Rev Reginal Williams 0.4 X 0 0 0 Kathryn S Wylde 0.4 X 0 0 0 Alfred D Youngwood 0.4 X 0 0 0 Seth Pinsky 35.0 X 222469 0 51735 John Cicerello 35.0 X 56538 0 2603 Melvin Glickman 35.0 X 161204 0 30888 Meredith J Jones 35.0 X 173658 0 17820 Kyle Kimball 35.0 X 152721 0 17445 David Lombino 35.0 X 171438 0 29377 Steve Strauss 35.0 X 134848 0 30506 Maria Torres 35.0 X 187482 0 33257 Joshua Wallack 35.0 X 164882 0 36838 Madelyn Wils 35.0 X 181021 0 43564 Jason Wright 35.0 X 187482 0 47662 Hardy Adasko 35.0 X 156787 0 43027 Maureen Babis 35.0 X 123774 0 39711 David Ehrenberg 35.0 X 104558 0 21845 Lee Benedict 35.0 X 130436 0 40392 Maryann Catalano 35.0 X 103052 0 34950 Dean Bodnar 35.0 X 70231 0 12013 James Gallagher 35.0 X 186398 0 33471 Susan Goldfinger 35.0 X 152040 0 42924 David Kane 35.0 X 175996 0 45341 Lynn Kelly 35.0 X 111244 0 21050 Liza Kent 35.0 X 158152 0 43201 Alyssa Cobb Konon 35.0 X 80879 0 12489 Dmitri Konon 35.0 X 132723 0 40341 Venetia Lannon 35.0 X 136196 0 38684 Steve Lazarus 35.0 X 143530 0 17099 Lisa Lugo 35.0 X 121999 0 22024 Christopher Malin 35.0 X 140198 0 36426 Thomas McKnight 35.0 X 121521 0 39005 Ricardo Niles 35.0 X 164979 0 41783 Patrick O' Sullivan 35.0 X 121288 0 36086 Luigi Pedalino 35.0 X 122914 0 33058 Kristine Pizzo 35.0 X 154797 0 32751 Euan Robertson 35.0 X 161766 0 24843 Peyton Sise 35.0 X 167204 0 44500 Ian Smith 35.0 X 177128 0 45711 Howard Spieler 35.0 X 149956 0 41691 Becky Ta 35.0 X 84462 0 7697 Lawton Thomas 35.0 X 129497 0 38308 Daniel Zarrilli 35.0 X 130390 0 37213 Judith Capolongo 35.0 X 123080 0 25340 Richard Marshall 35.0 X 155255 0 43702 Mark Silversmith 35.0 X 177059 0 45585 Christine Nicastro 35.0 X 117945 0 44019 Donna Sevarino 35.0 X 101758 0 7690 Andrew Genn 35.0 X 126394 0 39723 Miriam Harris 35.0 X 109346 0 20593 Ohene Kwapong 35.0 X 26711 0 7484 Ann Li 35.0 X 138238 0 28484 Hope Mallari 35.0 X 159397 0 33120 David Quart 35.0 X 106103 0 36702 Christopher L Smith 35.0 X 113263 0 20593 Kristy Sundjaja 35.0 X 122816 0 20593 Spencer Hobson 35.0 X 110358 0 33477 Bulent Celik 35.0 X 17923 0 3742 Carmine Giordano 35.0 X 158204 0 43076 Jill Braverman 35.0 X 172184 0 30991 Judy Fensterman 35.0 X 165435 0 45334 Robert Lapalme 35.0 X 169805 0 31882 Andrew Winters 35.0 X 177218 0 45403 8256330 853200 2130400 94 false true false Weisz Yoes Architecture 224 Centre St 5 FL NEW YORK NY 10013 ARCHITECTS 386991 Beyer Blinder Belle 41 East 11th St NEW YORK NY 10003 ARCHITECTS 207252 Ernst and Young PO Box 96550 WHITE PLAINS IL 60693 Accounting services 200326 Mohamed Elwakil 525 East 72nd street FLUSHING NY 10021 Consulting services 181531 ROBERT J DAMIGELLA PE 44 RAVEN DRIVE ALBANY NY 07960 Consulting services 180364 6 542526398 5135594 547661992 POWER SALES 531390 54261376 54261376 REAL ESTATE SALES 531390 30978293 30978293 DEVELOPER CONTRIBUTIONS 531390 1395176 1395176 INTEREST INCOME FROM LOANS 531390 1648337 1648337 INCOME FROM EXEMPT AFFILIATE 531390 48900921 48900921 137184103 605197 605197 0 0 0 0 0 0 42ND STREET PROJECT REVENUE SHARING 531390 91745332 91745332 FEE INCOME 531390 16439065 16439065 ALL OTHER REVENUE 531390 3122398 3122398 111306795 796758087 248490898 605197 0 0 0 0 7048347 4161695 2886652 0 0 0 0 0 715508 320054 395454 1329107 288757 1040350 1289531 712087 577444 0 183084 183084 116191 116191 0 0 0 0 34666 34666 5613292 5613292 710280 710280 0 7732891 7732891 138407 138407 0 101116 101116 10495 10495 0 1315613 1315613 214676 214676 CONTRACT/OTHR EXP TO CITY 89823643 89823643 PROJECT COSTS 33766644 33766644 PROGRAM COSTS 500232670 500232670 UTILITY EXPENSES 53381447 53381447 BAD DEBT EXPENSE 2747202 2747202 706504810 701305635 5199175 0 4500 6350 159441845 221643300 167336041 196435276 39373909 42046012 108443118 108443118 870240 534699 7486379 4117593 3874928 3368786 54751516 50723890 100000 600000 36173777 131987694 570369874 755789125 126399794 158087970 72279434 119528079 3668995 3696514 157415060 173475308 359763283 454787871 X 108781014 222809605 101825577 78191649 210606591 301001254 570369874 755789125 X 90253277 141386 X false true true X true true X 381283168 589727937 543809446 619861050 547661992 2682343593 381283168 589727937 543809446 619861050 547661992 2682343593 2682343593 8646542 7596929 3303976 823974 605197 20976618 2703320211 803148237 0.99224 0.98926 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true 790621 409128 381493 6695758 2987293 2987293 3368786 ACCRUED INTEREST RECEIVABLE 185002 DUE FROM APPLE INDUSTRIAL DEV. 13284121 OTHER ASSETS 87000 OTHER RECEIVABLES 18452490 LAND DEPOSITS IN ESCROW 7233750 DUE FROM STATE - ESDC 92745331 131987694 0 DEPOSITS-PENDING SALES OF REAL EST. 5126695 DUE T0 CITY OF NEW YORK-PROJECT 126250905 RETAINAGE PAYABLE 22775452 DEFERRED INTEREST INCOME 360000 OBLIGATION-OTHER POST-EMPLOY. BEN. 18301585 OTHER LIABILITIES - NON-CURRENT 133357 OTHER LIABILITIES - CURRENT 527314 173475308 Tenant Escrow Accounts Schedule D Part IV NYCEDC REQUIRES PROSPECTIVE LAND AND PROPERTY BUYERS TO PROVIDE A DOWN PAYMENT PENDING SALE OF LAND AND OR PROPERTY. X true true true false false false false false false false false Alaina Gilligo 0 128526 0 0 0 0 0 0 0 33674 0 162200 0 0 Robert Lieber 0 129388 0 0 0 0 0 0 0 33900 0 163288 0 0 Carlo A Scissura 0 145268 0 0 0 0 0 0 0 38060 0 183328 0 0 Leonard Wasserman 0 159409 0 0 0 0 0 0 0 41765 0 201174 0 0 Seth Pinsky 210148 0 500 0 11821 0 29283 0 22452 0 274204 0 0 0 Melvin Glickman 160704 0 500 0 0 0 22499 0 8389 0 192092 0 0 0 Meredith J Jones 173158 0 500 0 0 0 9431 0 8389 0 191478 0 0 0 Kyle Kimball 152221 0 500 0 0 0 9057 0 8388 0 170166 0 0 0 David Lombino 165621 0 500 0 5317 0 2742 0 26635 0 200815 0 0 0 Steve Strauss 134348 0 500 0 0 0 8053 0 22453 0 165354 0 0 0 Maria Torres 180070 0 500 0 6912 0 10804 0 22453 0 220739 0 0 0 Joshua Wallack 160926 0 500 0 3456 0 14385 0 22453 0 201720 0 0 0 Madelyn Wils 177756 0 500 0 2765 0 21111 0 22453 0 224585 0 0 0 Jason Wright 180070 0 500 0 6912 0 25210 0 22452 0 235144 0 0 0 Hardy Adasko 146968 0 1865 0 7954 0 20575 0 22452 0 199814 0 0 0 Maureen Babis 123274 0 500 0 0 0 17258 0 22453 0 163485 0 0 0 Lee Benedict 128136 0 2300 0 0 0 17939 0 22453 0 170828 0 0 0 James Gallagher 174583 0 1494 0 10321 0 26699 0 6772 0 219869 0 0 0 Susan Goldfinger 146220 0 1500 0 4320 0 20471 0 22453 0 194964 0 0 0 David Kane 163485 0 3476 0 9035 0 22888 0 22453 0 221337 0 0 0 Liza Kent 148199 0 4608 0 5345 0 20748 0 22453 0 201353 0 0 0 Dmitri Konon 127769 0 3500 0 1454 0 17888 0 22453 0 173064 0 0 0 Venetia Lannon 129224 0 3191 0 3781 0 18091 0 20593 0 174880 0 0 0 Steve Lazarus 133977 0 2375 0 7178 0 8710 0 8389 0 160629 0 0 0 Christopher Malin 125350 0 1384 0 13464 0 17549 0 18877 0 176624 0 0 0 Thomas McKnight 118229 0 3292 0 0 0 16552 0 22453 0 160526 0 0 0 Ricardo Niles 145757 0 1379 0 17843 0 34086 0 7697 0 206762 0 0 0 Patrick O' Sullivan 113608 0 3500 0 4180 0 13633 0 22453 0 157374 0 0 0 Luigi Pedalino 121224 0 1690 0 0 0 10605 0 22453 0 155972 0 0 0 Kristine Pizzo 148983 0 5814 0 0 0 10298 0 22453 0 187548 0 0 0 Euan Robertson 148700 0 5200 0 7866 0 2390 0 22453 0 186609 0 0 0 Peyton Sise 157479 0 3441 0 6284 0 22047 0 22453 0 211704 0 0 0 Ian Smith 166130 0 5000 0 5998 0 23258 0 22453 0 222839 0 0 0 Howard Spieler 137414 0 5300 0 7242 0 19238 0 22453 0 191647 0 0 0 Lawton Thomas 126537 0 2960 0 0 0 17715 0 20593 0 167805 0 0 0 Daniel Zarrilli 118713 0 6790 0 4887 0 16620 0 20593 0 167603 0 0 0 Richard Marshall 151779 0 3476 0 0 0 21249 0 22453 0 198957 0 0 0 Mark Silversmith 165228 0 3527 0 8304 0 23132 0 22453 0 222644 0 0 0 Christine Nicastro 106090 0 1030 0 10825 0 25065 0 18954 0 161964 0 0 0 Carmine Giordano 147758 0 2550 0 7896 0 20623 0 22453 0 201280 0 0 0 Jill Braverman 161444 0 2000 0 8740 0 22602 0 8389 0 203175 0 0 0 Judy Fensterman 163435 0 2000 0 0 0 22881 0 22453 0 210769 0 0 0 Robert Lapalme 167805 0 2000 0 0 0 23493 0 8389 0 201687 0 0 0 Andrew Winters 177218 0 0 0 0 0 24810 0 20593 0 222621 0 0 0 Andrew Genn 123496 0 2898 0 0 0 17270 0 22453 0 166117 0 0 0 Ann Li 118155 0 10893 0 9190 0 7891 0 20593 0 166722 0 0 0 Hope Mallari 151629 0 5000 0 2768 0 21131 0 11989 0 192517 0 0 0 Supplemental Compensation Information Schedule J, Part I, Line 1a AS PRESIDENT OF NEW YORK ECONOMIC DEVELOPMENT CORP., SETH PINSKY RECEIVES A CAR ALLOWANCE BASED ON RETURN TRIP MILES BETWEEN WORK MEETINGS AND HOME, THE VALUE OF WHICH IS INCLUDED IN HIS TAXABLE INCOME. Schedule J, Part I, Line 4a THE FOLLOWING INDIVIDUALS ENTERED INTO SEVERANCE AGREEMENTS AND/OR RECEIVED SEVERANCE PAYMENTS FROM New York Economic Development Corporation: James T. Gallagher $17,405 Lisa C. Lugo $15,732 Christine Nicastro $11,887 Richardo Niles $15,908 LEE BENEDICT SEE PART V 217125 SEE PART V false FORM 990, SCHEDULE L, PART IV DURING THE PERIOD FROM JULY 1, 2010 TO JUNE 30, 2011, NYCEDC MADE PAYMENTS TO PB AMERICAS, INC., A COMPANY ASSOCIATED WITH PARSONS BRINKERHOFF, INC., OF $217,125. DURING THIS PERIOD LEE BENEDICT WAS VICE PRESIDENT IN THE ASSET MANAGEMENT DIVISION OF NYCEDC AND HIS WIFE WAS AN OFFICER OF PARSONS BRIKERHOFF, INC. NONE OF THESE PAYMENTS TO PB AMERICAS, INC. ARE ATTRIBUTABLE TO SERVICES PERFORMED FOR WORK WITHIN THE PURVIEW OF NYCEDC'S ASSET MANAGEMENT DIVISION. MR BENEDICT RECUSED HIMSELF FROM ALL DEALINGS WITH PARSONS BRINCKERHOFF, INC. AND PB AMERICAS, INC., IN ACCORDANCE WITH AN ORDER ISSUED BY THE CITY'S CONFLICT OF INTEREST BOARD IN RESPONSE TO MR. BENEDICT'S REQUEST FOR ADVICE FROM THE BOARD. SCHEDULE O SUPPLEMENTAL INFORMATION FORM 990, PART VI, QUESTION 2 DMITRI KONON AND ALYSSA COBB KONON ARE MARRIED. FORM 990, PART VI, QUESTION 6 THE MEMBERS OF THE CORPORATION SHALL BE TWENTY-SEVEN IN NUMBER, CONSISTING OF SIXTEEN PERSONS APPOINTED BY THE MAYOR OF THE CITY OF NEW YORK, SIX OF WHOM SHALL BE APPOINTED BY THE MAYOR DIRECTLY, FIVE OF WHOM SHALL BE APPOINTED BY THE MAYOR UPON NOMINATION BY THE BOROUGH PRESIDENTS OF THE CITY OF NEW YORK (EACH BOROUGH PRESIDENT NOMINATING ONE MEMBER) AND FIVE OF WHOM SHALL BE APPOINTED BY THE MAYOR UPON NOMINATION OF THE SPEAKER OF THE COUNCIL OF THE CITY OF NEW YORK, ONE PERSON APPOINTED DIRECTLY BY THE MAYOR OF THE CITY OF NEW YORK AFTER CONSULTATION WITH NEW YORK CITY PARTNERSHIP, INC., WHO SHALL BE THE CHAIRPERSON OF THE BOARD OF DIRECTORS OF THE CORPORATION AND TEN PERSONS APPOINTED BY THE CHAIRPERSON FROM A LIST OF PERSONS APPROVED BY THE MAYOR OF THE CITY OF NEW YORK. THE SIXTEEN PERSONS APPOINTED DIRECTLY BY THE MAYOR OF THE CITY OF NEW YORK OR UPON NOMINATION OF THE BOROUGH PRESIDENTS OF THE CITY OF NEW YORK OR THE SPEAKER OF THE COUNCIL OF THE CITY OF NEW YORK SHALL IN EACH CASE BE A PUBLIC OFFICIAL OR A PERSON PROMINENT IN THE FINANCIAL, COMMERCIAL, INDUSTRIAL, PROFESSIONAL OR LABOR COMMUNITY OF THE CITY OF NEW YORK. THE CHAIRPERSON AND TEN PERSONS APPOINTED BY HIM/HER SHALL IN EACH CASE BE A PERSON IN THE FINANCIAL, COMMERCIAL, INDUSTRIAL OR PROFESSIONAL COMMUNITY OF THE CITY OF NEW YORK AND SHALL NOT BE A PUBLIC OFFICIAL. A MEMBER MAY BE AN OFFICIAL OR EMPLOYEE OF THE CITY OF NEW YORK OR ANY AGENCY OF THE CITY OF NEW YORK. A MEMBER WHO IS AN OFFICIAL OR EMPLOYEE OF THE CITY OF NEW YORK OR AGENCY OF THE CITY OF NEW YORK SHALL SERVE AS SUCH IN THE FURTHERANCE OF THE CITY OF NEW YORK. IF NEW YORK CITY PARTNERSHIP, INC. SHALL BE RENAMED OR SHALL CONSOLIDATE OR MERGE WITH ANY ORGANIZATION, THE ORGANIZATION AS RENAMED OR SUCH CONSOLIDATED OR MERGED ORGANIZATION SHALL BE THE ENTITY WITH WHICH THE MAYOR OF THE CITY OF NEW YORK CONSULTS IN SELECTING THE CHAIRPERSON. ANY QUESTIONS AS TO SUCCESSION SHALL BE CONCLUSIVELY RESOLVED FOR ALL PURPOSES BY COUNSEL FOR THE CORPORATION. MEMBERS SHALL BE APPOINTED ANNUALLY PRIOR TO OR ON THE DATE OF THE ANNUAL MEETING OF MEMBERS. EACH MEMBER, INCLUDING MEMBERS APPOINTED TO FILL VACANCIES AS PROVIDED BELOW, SHALL SERVE AS UNTIL THE APPOINTMENT OF HIS/HER SUCCESSOR OR HIS/HER EARLIER DEATH OR RESIGNATION. IF AT ANY TIME THERE IS LESS THAN THE PRESCRIBED NUMBER OF APPOINTED MEMBERS, THE MAYOR OF THE CITY OF NEW YORK, IN THE CASE OF A MEMBER APPOINTED BY HIM/HER, OR THE CHAIRPERSON, IN THE CASE OF A MEMBER APPOINTED BY HIM/HER, MAY APPOINT A PERSON HAVING THE QUALIFICATIONS TO BE SUCH A MEMBER TO FILL SUCH VACANCY, PROVIDED THAT APPOINTMENT OF A MEMBER TO FILL A VACANCY SHALL BE MADE IN THE MANNER PRESCRIBED ABOVE FOR THE APPOINTMENT OF MEMBERS. FORM 990, PART VI, QUESTION 7A PURSUANT TO NYCEDC BY-LAWS, THE MEMBERS ELECT DIRECTORS WHO SERVE ON NYCEDC'S BOARD OF DIRECTORS. THE BOARD OF DIRECTORS IS NYCEDC'S GOVERNING BODY. A PERSON MUST BE A MEMBER TO BE ELIGIBLE FOR ELECTION AS A DIRECTOR. FORM 990 REVIEW PROCESS FORM 990, PART VI, LINE 11B THE RETURN PREPARER PROVIDED FINAL COPY OF FORM 990 TO THE TREASURER IN ACCOUNTING AND LEGAL IN THEIR CAPACITIES AS CORPORATE OFFICERS FOR THEIR REVIEW BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, QUESTION 10B THE SOLE MEMBER OF NYC ENTREPRENEURIAL FUND LLC IS NYCEDC. NYC ENTREPRENEURIAL FUND LLC IS A DISREGARDED ENTITY OF NYCEDC. ALL ACTIONS BY NYC ENTREPRENEURIAL FUND LLC ARE TAKEN BY NYCEDC PERSONNEL AUTHORIZED BY NYCEDC'S BOARD TO ACT ON BEHALF OF NYC ENTREPRENEURIAL FUND LLC. AS NYCEDC CONTROLS ALL ACTIONS TAKEN BY NYC ENTREPRENEURIAL FUND LLC, IT ENSURES THAT THE OPERATIONS OF NYC ENTREPRENEURIAL FUND LLC ARE AT ALL TIMES CONSISTENT WITH ITS OWN OPERATIONS. FORM 990, PART VI, QUESTION 12C NYCEDC REQUIRES ITS SALARIED OFFICERS AND EMPLOYEES TO AGREE IN WRITING TO BE BOUND BY THE RESTRICTIONS RELATING TO CONFLICTS OF INTEREST AS SET FORTH IN CHAPTER 68 OF THE CITY CHARTER. CHAPTER 68 RESTRICTS OUTSIDE POSITIONS AND INTEREST, ACCEPTANCE OF VALUABLE GIFTS, DISCLOSURE OF CONFIDENTIAL INFORMATION, POST EMPLOYMENT ACTIVITIES, AND OTHER ACTUAL OR PERCEIVED CONFLICTS OF INTEREST. EMPLOYEES ARE RESPONSIBLE FOR READING AND COMPLYING WITH THESE POLICIES. SPECIFIED EXEMPT EMPLOYEES ARE REQUIRED TO FILE FINANCIAL DISCLOSURE FORMS AND MUST UNDERGO A BACKGROUND INVESTIGATION WITH THE NEW YORK CITY DEPARTMENT OF INVESTIGATION (DOI). BOTH DOI AND THE NEW YORK CITY CONFLICTS OF INTEREST BOARD REQUIRE CERTAIN EMPLOYEES TO FILE ANNUAL FINANCIAL DISCLOSURE FORMS. PURSUANT TO A REQUEST BY THE MAYOR AND A RESOLUTION BY NYCEDC'S BOARD OF DIRECTORS: NYCEDC HAS AGREED TO FOLLOW THE CITY'S FINANCIAL DISCLOSURE PROCEDURES. FORM 990, PART VI, QUESTION 19 NYCEDC'S CERTIFICATE OF INCORPORATION, BY-LAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE GENERALLY AVAILABLE TO THE PUBLIC THROUGH THE WEBSITE OF NYCEDC, AT HTTP://WWW.NYCEDC.COM. CONFLICTS OF INTEREST CHAPTER 68 OF THE NEW YORK CITY CHAPTER IS AVAILABLE TO THE PUBLIC ON THE CONFLICTS OF INTEREST BOARD WEB SITE AT HTTP://WWW.NYC.GOV/HTML/CONFLICTS. FORM 990, PART XI, LINE 5 CHANGE IN UNRELAIZED GAINS AND LOSSES ON INVESTMENTS: $241,385 Prior year investment in NYC Entrepreneurial Fund ($100,000) Total $141,385 DEVOTED HOURS TO RELATED ORGANIZATION FORM 990, PART VII, SECTION A NICHOLAS DMYTRYSZYN - 35 HOURS WITH THE CITY OF NEW YORK ALAINA GILLIGO - 35 HOURS WITH THE CITY OF NEW YORK JAMES MCSPIRITT - 35 HOURS WITH THE CITY OF NEW YORK ROBERT LIEBER - 35 HOURS WITH THE CITY OF NEW YORK MELVA MILLER - 35 HOURS WITH THE CITY OF NEW YORK ROBERT K. STEEL - 35 HOURS WITH THE CITY OF NEW YORK CARLO A. SCISSURA - 35 HOURS WITH THE CITY OF NEW YORK LEONARD WASSERMAN - 35 HOURS WITH THE CITY OF NEW YORK NYC ENTREPRENEURIAL FUND LLC CO NYCEDC 110 WILLIAM STREET NEW YORK NY 10038 272123982 ECO DEVELOP NY 0 600000 NA APPLE INDUSTRIAL DEVELOPMENT CORP 110 WILLIAM STREET NEW YORK NY 10038 133010779 ECO DEVELOP NY 501(C)(3) 9 NYCEDC THE CITY OF NEW YORK 110 WILLIAMS STREET NEW YORK NY 10038 136400434 GOVERNMENT NY 115 NA false false true false false false false false false false false false true true false true false true Apple Industrial Development Corp r 48900921 Apple Industrial Development Corp p 34336464