2024-05-10T10:02:18-05:00 2023-06-30 141555429 UHY ADVISORS NORTHEAST INC 1185 AVENUE OF THE AMERICAS 38TH FLOOR NEW YORK NY 10036 990 2022-07-01 136533158 ASPHALT GREEN INC ASPH 6469812237 555 EAST 90TH ST NEW YORK NY 10128 DEAN SOMER CHIEF FINANCIAL OFFICER 6469812237 2024-05-09 1 DEAN SOMER 999009999 0 CHARLES J SOCKETT P01354431 2123814700 2024-04-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DEAN SOMER 555 EAST 90TH STREET NEW YORK NY 10128 33836587 0 X WWW.ASPHALTGREEN.ORG X 1975 NY SPORT AND FITNESS ORGANIZATION 26 25 153 26 0 0 2526018 6669274 22562477 26582595 1723149 326819 0 0 26811644 33578688 0 0 0 0 16053787 18628343 0 0 767232 10783987 11461211 26837774 30089554 -26130 3489134 36441252 43695781 11688866 14598457 24752386 29097324 X ASPHALT GREEN, INC. ("ASPHALT GREEN") IS A NEW YORK CITY NOT-FOR-PROFIT ORGANIZATION DEDICATED TO TRANSFORMING LIVES AND BUILDING COMMUNITY THROUGH SPORTS, FITNESS, AND PLAY FOR ALL. ASPHALT GREEN HAS TWO CAMPUSES IN NEW YORK CITY (THE "CITY"): 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 THE CITY'S FIRST INDOOR, OLYMPIC-SIZED POOL OPEN TO THE COMMUNITY AT LARGE); A SUPERTURF PLAYING FIELD; DEKOVATS PARK; AND SUNDIAL PLAZA. PROGRAMS FOR YOUNG PEOPLE ARE DESIGNED TO CHALLENGE THE INTELLECTUAL, CREATIVE AND PHYSICAL ABILITIES OF THE PARTICIPANTS. THE CITY RETAINS OWNERSHIP OF THE AG CAMPUS, AND ASPHALT GREEN IS RESPONSIBLE FOR EQUIPPING, OPERATING AND MAINTAINING THE FACILITIES AND PROVIDING COMMUNITY PROGRAMS. 0 0 7571079 7313679 FACILITIES USAGE - INCLUDES USAGE OF POOL AND FITNESS CENTER. BENEFITED APPROXIMATELY 11,000 PEOPLE DURING THE YEAR. 16238881 17582812 PROGRAMS - INCLUDES AQUATICS, EXERCISE PROGRAMS, SPORTS, MARTIAL ARTS, AND CAMPS. BENEFITED APPROXIMATELY 19,000 PEOPLE DURING THE YEAR. 1967871 FREE COMMUNITY PROGRAMS & USAGE - INCLUDES USAGE OF POOL, FIELD, GYM, THEATER, SPORTS, AQUATICS AND OTHER PROGRAMS. BENEFITED APPROXIMATELY 14,600 PEOPLE DURING THE YEAR. 25777831 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 87 0 153 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 26 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X DEAN SOMER 6469812237 555 EAST 90TH ST NEW YORK NY 10128 ANDREW J NUSSBAUM DIRECTOR 2.00 X 0 0 0 KIRSTEN FELDMAN DIRECTOR 2.00 X 0 0 0 CAROLINE HRIBAR CO-CHAIR 2.00 X X 0 0 0 PATRICIA SAUNDERS DIRECTOR 2.00 X 0 0 0 THOMAS NEWMAN DIRECTOR 2.00 X 0 0 0 CHRISTA D'ALIMONTE SECRETARY 2.00 X X 0 0 0 JUSTIN DERFNER DIRECTOR 2.00 X 0 0 0 WILLIAM EAKINS DIRECTOR 2.00 X 0 0 0 ANDREA WENNER HOLLANDER DIRECTOR 2.00 X 0 0 0 ALOYSEE HEREDIA JARMOSZUK DIRECTOR 2.00 X 0 0 0 SAMUEL J JEMAL DIRECTOR 2.00 X 0 0 0 JAMES KINDERKNECT DIRECTOR 2.00 X 0 0 0 ROWDY GAINES DIRECTOR 2.00 X 0 0 0 DAVID MITNICK DIRECTOR 2.00 X 0 0 0 LIA NEAL DIRECTOR 2.00 X 0 0 0 DAMON PAZZAGLINI DIRECTOR 2.00 X 0 0 0 JOHN PORGES DIRECTOR 2.00 X 0 0 0 TRAVIS RUNDLET DIRECTOR 2.00 X 0 0 0 PAUL SHERRINGTON TREASURER 2.00 X X 0 0 0 HENRIETTA TRACHSEL VICE CHAIR 2.00 X X 0 0 0 ALBERT ZESIGER DIRECTOR 2.00 X 0 0 0 BARRIE ZESIGER CO-CHAIR 2.00 X X 0 0 0 ROBERT MILAM DIRECTOR 2.00 X 0 0 0 KIMBERLY BURD DIRECTOR 2.00 X 0 0 0 DAVID LEVIN DIRECTOR 2.00 X 0 0 0 DEAN L SOMER CHIEF FINANCIAL OFFICER 40.00 X 180759 0 18306 PEDRO RAICOVICH CHIEF ADMINISTRATIVE OFFIC 40.00 X 184837 0 27848 RENEE DAVIS CHIEF DEVELOPMENT OFFICER 40.00 X 48964 0 4944 JORDAN BRACKETT CHIEF EXECUTIVE OFFICER 40.00 X 101073 0 17102 DAVID RODRIGUEZ DIRECTOR OF AQUATICS 40.00 X 204618 0 19021 REGINA YOA-REESE DIRECTOR OF HUMAN RESOURCE 40.00 X 138791 0 20213 VINITHA SURESH SENIOR DATA ANALYST 40.00 X 140486 0 19644 DAVID LUDWIG DIRECTOR OF COMMUNITY PROG 40.00 X 133419 0 13242 ADAM PEREZ DIRECTOR OF SOCCER 40.00 X 128797 0 19369 STEFAN SERKIN SENIOR SALESFORCE ADMINISTRATOR 40.00 X 138710 0 4881 MARGARET SIEGEL FORMER EXECUTIVE DIRECTOR 40.00 X 181225 0 4944 MARCUS FARNY FORMER CHIEF OPERATING OFFICER 40.00 X 220927 0 29025 1802606 0 198539 11 1 1 0 METRO TEAM OUTFITTERS 75 NASSAU TERMINAL ROAD NEW HYDE PARK NY 11040 SPORTS UNIFORMS 288296 ZUBATKIN OWNER REPRESENTATION 333 WEST 52ND STREET NEW YORK NY 10019 BUILDING PROJECT MANAGEMENT 237016 MUSCO SPORTS LIGHTING 100 1ST AVE WEST OSKALOOSA IA 52577 MANUFACTURE OF FIELD LIGHTING 172260 ASPEN LEADERSHIP GROUP 1624 MARKET STREET 226 DENVER CO 80202 EXECUTIVE SEARCH AND CONSULTING 163907 UHY ADVISORS 4 TOWER PLACE ALBANY NY 12203 ACCOUNTING SERVICES 140288 5 1146348 4178521 1344405 6669274 PROGRAMS 713940 17582812 17582812 FACILITIES USAGE 713940 7313679 7313679 FACILITIES RENTAL 532000 882525 882525 OTHER PROGRAM SERVICE REVENUE 713940 803579 803579 26582595 524298 524298 197479 -197479 -197479 -197479 60420 1146348 60420 0 33578688 26582595 0 326819 14760488 12372396 2025558 362534 1415331 1355603 31584 28144 2452524 2029718 374293 48513 36250 18125 18125 655415 114302 541113 1039157 997591 20783 20783 219000 203916 12453 2631 195 195 2071506 1988646 41430 41430 978541 895743 63227 19571 SUPPLIES 2345846 2320349 7010 18487 MAINTENANCE & GROUNDS 1677160 1610473 33424 33263 CREDIT CARD PROCESSING 531596 516664 4388 10544 BUILDING SUPPLIES 400250 400250 1506295 954055 370908 181332 30089554 25777831 3544491 767232 7051163 1587292 868883 8096427 309348 443154 294664 545620 351567 391440 72437021 61632775 10829044 10804246 15705689 19288224 622328 622328 408566 1917050 36441252 43695781 3232603 4050517 7803876 8525218 71816 0 56003 591467 524568 1431255 11688866 14598457 X 16634280 20373560 8118106 8723764 24752386 29097324 36441252 43695781 X 3489134 1070858 1289 -216343 X 0 1 X 1 0 X 4749864 4665753 2193472 2526018 6669274 20804381 25639973 21245012 13056925 22562477 26582595 109086982 30389837 25910765 15250397 25088495 33251869 129891363 796489 431851 1251654 878547 1747300 5105841 639106 647860 5043269 1082560 7412795 796489 1070957 1899514 5921816 2829860 12518636 117372727 455644 452025 406161 406050 524298 2244178 5506 0 0 0 0 5506 461150 452025 406161 406050 524298 2249684 30850987 26362790 15656558 25494545 33776167 132141047 0.88820 0.90220 0.01700 0.01760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18125 18125 36250 30000000 30036250 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 60050 39250 31050 36250 166600 250000 250000 250000 250000 1000000 1500000 60050 39250 31050 36250 166600 6065978 686104 236672 6515410 7587936 -1320490 201468 6065978 5408526 2361066 181656 7587936 5139006 438936 169416 5408526 4522008 777702 160704 5139006 0.31950 0.68050 0 0 48137586 41862312 6275274 17498564 14446801 3051763 6800871 5323662 1477209 10804246 PAYCHECK PROTECTION PROGRAM LOAN, NON-CURRENT PORTION 42022 OPERATING LEASE LIABILITY, NON-CURRENT PORTION 1389233 1431255 X 34527200 1070858 1289 1072147 33455053 123635 123635 33578688 30182262 216343 216343 29965919 123635 123635 30089554 PART X, LINE 2: ASPHALT GREEN FOLLOWS 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 ATTRIBUTABLE TO THE RENTAL OF CERTAIN FACILITIES. HOWEVER, DUE TO ITS GENERAL NOT-FOR-PROFIT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON ASPHALT GREEN'S FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE INCUDED IN AUDITED FINANCIALS BUT NOT INCLUDED IN RETURN PART V, LINE 4 TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT SUCH AS SPORTS AND FITNESS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. BENEFIT 1206768 1206768 1206768 1206768 X 0 0 0 0 0 0 0 0 0 MARCUS FARNY FORMER CHIEF OPERATING OFFICER 220927 0 0 0 0 0 15682 0 13343 0 249952 0 0 0 DAVID RODRIGUEZ DIRECTOR OF AQUATICS 203708 0 0 0 910 0 14187 0 4834 0 223639 0 0 0 PEDRO RAICOVICH CHIEF ADMINISTRATIVE OFFIC 184837 0 0 0 0 0 12113 0 15735 0 212685 0 0 0 DEAN L SOMER CHIEF FINANCIAL OFFICER 180759 0 0 0 0 0 12113 0 6193 0 199065 0 0 0 MARGARET SIEGEL FORMER EXECUTIVE DIRECTOR 29330 0 0 0 151895 0 0 0 4944 0 186169 0 0 0 VINITHA SURESH SENIOR DATA ANALYST 140486 0 0 0 0 0 7081 0 12563 0 160130 0 0 0 REGINA YOA-REESE DIRECTOR OF HUMAN RESOURCE 138791 0 0 0 0 0 6824 0 13389 0 159004 0 0 0 PART I, LINE 3 COMPENSATION PROCEDURES: THE EVALUATION WAS UNDERTAKEN BY THE COMPENSATION COMMITTEE. THE RESULTS OF THE EVALUATION AND REVIEW WERE SHARED AND DISCUSSED WITH OTHER BOARD MEMBERS. PART I, LINE 7 DISCRETIONARY BONUSES ARE AWARDED TO EXECUTIVE DIRECTORS, TOP MANAGEMENT, FULL-TIME AND PART-TIME EMPLOYEES BASED ON THE LEVEL OF THE EMPLOYEE'S POSITION, THE PERFORMANCE OF THE EMPLOYEE AGAINST PREDETERMINED AND AGREED-UPON PERFORMANCE OBJECTIVES AND THE PERFORMANCE OF THE ORGANIZATION VERSUS THE ANNUAL BUDGET APPROVED BY THE BOARD OF DIRECTORS PRIOR TO THE START OF THE FISCAL YEAR. X 1 82006 FMV 0 0 1 PART I, LINE 32B: ASPHALT GREEN USES ITS BROKER TO SELL DONATED SECURITIES. FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR RELATIONSHIPS: BARRIE AND ALBERT ZESIGER ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 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. FORM 990, PART VI, SECTION B, LINE 12C MONITORING OF CONFLICT OF INTEREST POLICY: ON AN ANNUAL BASIS, ASPHALT GREEN REQUIRES THAT ALL DIRECTORS, OFFICERS AND SENIOR MANAGEMENT SIGN THE CONFLICT OF INTEREST POLICY FORM. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCEDURES: THE EVALUATION WAS UNDERTAKEN BY THE COMPENSATION COMMITTEE. THE RESULTS OF THE EVALUATION AND REVIEW WERE SHARED AND DISCUSSED WITH THE OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILABILITY OF DOCUMENTS: ASPHALT GREEN WILL PROVIDE THE AUDITED FINANCIAL STATEMENTS UPON FORMAL WRITTEN REQUEST. FORM 990, PART XI, LINE 9: BAD DEBTS INCLUDED IN THE AUDITED FINANCIALS BUT NOT INCLUDED IN THE RETURN -216,343. EXTINGUISHMENT OF DEBT IN THE AUDITED FINANCIALS BUT NOT INCL IN THE RETURN 0.