Riverside Park Conservancy Inc
- Assets
- $8.4m
- Revenue
- $9.9m
- Investments
- $0.0
- Employees
- 110
- Location
- New York, NY
- Founding
- 12/1988
- Data as of
- 12/2023
- EIN
- 13-3443825
Organization Overview
Riverside Park Conservancy Inc is located in New York, NY. The organization was established in 1988. According to its NTEE Classification (C11) the organization is classified as: Single Organization Support, under the broad grouping of Environment and related organizations. As of 12/2023, Riverside Park Conservancy Inc employed 110 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverside Park Conservancy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Riverside Park Conservancy Inc generated $9.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $11.6m during the year ending 12/2023. While expenses have increased by 13.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CONSERVANCY IS TO RESTORE, MAINTAIN, AND IMPROVE RIVERSIDE PARK
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIELD OPERATIONS AND VOLUNTEERS:THESE PROGRAMS INCLUDE MAINTENANCE AND RESTORATION WORK PERFORMED IN THE PARK, EITHER BY PAID STAFF, OUR VOLUNTEERS, OR OUTSIDE CONTRACTORS. THEY CAN INCLUDE HORTICULTURAL RESTORATION AND CARE, BALLFIELD CARE, TENNIS COURT MAINTENANCE, PAINTING, AND SMALL REPAIRS, E.G., BY ELECTRICIANS, PLUMBERS, MASONS, OR OTHERS HIRED BY THE CONSERVANCY. FIELD OPERATIONS ALSO INCLUDES THE PURCHASE OF VEHICLES AND EQUIPMENT TO SUPPORT THIS WORK.
PUBLIC PROGRAMS & EVENTS:THESE PROGRAMS OFFERED TO GENERAL PUBLIC, EITHER FREE OR FOR A FEE. FREE EVENTS MAY INCLUDE CONCERTS, YOGA OUTDOOR MOVIES, CHILDREN'S PROGRAMS, AND LARGE EVENTS SUCH AS THE WESTSIDE COUNTY FAIR, IRISH ARTS FESTIVAL, LITTLE RED LIGHTHOUSE FESTIVAL, AND THE HOLIDAY TREE LIGHTING. EVENTS FOR A FEE MAY INCLUDE ACTIVITIES SUCH AS TENNIS LESSONS AND SPORTS CAMP.
DESIGN AND CONSTRUCTION:THIS REFERS TO CAPITAL IMPROVEMENTS IN THE PARK. FOR 2023 THESE INCLUDED RECONSTRUCTION OF THE STEP RAMP AT 116TH STREET, RECONSTRUCTION AND INSTALLATION OF PICKLEBALL COURTS AT 110TH ST, INSTALLATION OF A DRINKING FOUNTAIN, PICNIC TABLES AND FENCING AT THE 110TH ST PICKLEBALL COURTS, BIOSWALE CONSTRUCTION AT THE 91ST VALE TO ADDRESS EROSION AND RUNOFF, PAVING, LANDSCAPE RESTORATION AND INSTALLATION OF COMPOST CENTER AT 96TH ST COMPOUND. GENERALLY, THESE ARE PAYMENTS TO OUTSIDE CONTRACTORS BUT MAY ALSO INCLUDE ASSOCIATED COSTS SUCH AS PRINTING AND COPYING, DESIGN DRAWINGS, SIGNAGE, PERMIT FEES, AND RELATED POSTAGE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Micah C Lasher Chairman | OfficerTrustee | 1 | $0 |
Margaret Holen Vice Chair | OfficerTrustee | 1 | $0 |
John L Mascialino Vice Chair | OfficerTrustee | 1 | $0 |
Maria Lizardo Vice Chair | OfficerTrustee | 1 | $0 |
Lara Shalov Mehraban Secretary | OfficerTrustee | 1 | $0 |
Neil Horner Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Carlos Oliveira Soccer Academy Sports Camp Providers | 12/30/22 | $321,777 |
Michael Handell Sports Camp Providers | 12/30/22 | $457,103 |
Ncheng Llp Accounting | 12/30/22 | $188,605 |
Messina Asphalt Corporation Contractor | 12/30/22 | $113,850 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $612,920 |
| Related organizations | $0 |
| Government grants | $85,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,066,948 |
| Noncash contributions included in lines 1a–1f | $2,140,836 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,764,868 |
| Total Program Service Revenue | $1,935,121 |
| Investment income | $216,392 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $548 |
| Net Income from Fundraising Events | -$145,543 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,872,947 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $441,110 |
| Compensation of current officers, directors, key employees. | $41,699 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,328,429 |
| Pension plan accruals and contributions | $501,636 |
| Other employee benefits | $0 |
| Payroll taxes | $342,444 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $249,263 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $237,652 |
| Advertising and promotion | $0 |
| Office expenses | $94,481 |
| Information technology | $295,720 |
| Royalties | $0 |
| Occupancy | $103,807 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,024 |
| Insurance | $30,150 |
| All other expenses | $214,353 |
| Total functional expenses | $11,557,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,636,759 |
| Savings and temporary cash investments | $3,582,183 |
| Pledges and grants receivable | $340,147 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $67,335 |
| Net Land, buildings, and equipment | $495,781 |
| Investments—publicly traded securities | $2,267,534 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,389,739 |
| Accounts payable and accrued expenses | $771,023 |
| Grants payable | $0 |
| Deferred revenue | $610,362 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,381,385 |
| Net assets without donor restrictions | $3,485,780 |
| Net assets with donor restrictions | $3,522,574 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,389,739 |