2024-11-07T09:06:16-06:00 2023-12-31 132781641 MITCHELL & TITUS LLP 80 PINE STREET NEW YORK NY 10005 990 2023-01-01 133056559 THE PARTNERSHIP FOR NEW YORK CITY INC PART 2124937400 ONE BATTERY PARK PLAZA 5TH FLOOR NEW YORK NY 10004 ANTHONY GIUGLIANO CHIEF FINANCIAL OFFICER 2124937400 2024-11-07 0 0 FREDERICK E DAVIS JR P00446023 2127094500 2024-11-07 2023 2024-10-15 13:58:12Z KATHRYN WYLDE 1 BATTERY PARK PLAZA NEW YORK NY 10004 13066604 0 X PFNYC.ORG X 1980 NY THE PARTNERSHIP IS A NONPROFIT MEMBERSHIP ORGANIZATION COMPRISED OF BUSINESS LEADERS WHO SHARE A COMMITMENT TO THE ECONOMIC WELL-BEING OF NEW YORK CITY AND STATE. MEMBERS WORK CLOSELY WITH GOVERNMENT, LABOR AND THE NONPROFIT SECTOR TO ADVANCE POLICIES AND PROJECTS THAT SUPPORT ECONOMIC GROWTH, IMPROVE PUBLIC EDUCATION, AND UPGRADE THE INFRASTRUCTURE. THE PARTNERSHIP IS A RESOURCE TO PUBLIC SECTOR DECISION-MAKERS AT THE CITY STATE, AND FEDERAL LEVELS OF GOVERNMENT, PROVIDING INFORMATION AND ANALYSIS IN ADDITION TO EXPERTISE AND ADVICE ON ISSUES THAT AFFECT ECONOMIC GROWTH, BUSINESS DEVELOPMENT, AND JOB CREATION. THE PARTNERSHIP CONDUCTS RESEARCH, SURVEYS, AND ANALYSIS OF ISSUES AND PROJECTS THAT WILL HAVE AN IMPACT ON THE LOCAL AND STATE ECONOMY. THE PRODUCTS OF ITS WORK ARE USED TO EDUCATE THE PUBLIC AND POLICY-MAKERS. 111 108 42 110 9012 0 202500 242000 8944480 8801348 954477 2468504 -30809 -39077 10070648 11472775 0 0 0 0 5354376 5308451 0 0 132282 2295328 2886625 7649704 8195076 2420944 3277699 55172928 59934080 13531756 11640272 41641172 48293808 X (A) THE DEVELOPMENT, STIMULATION, ENCOURAGEMENT, IMPROVEMENT AND PROMOTION OF THE BUSINESS CLIMATE IN NEW YORK CITY; (B) THE FOSTERING OF TRADE AND COMMERCE IN NEW YORK CITY AND THE PROMOTION OF THE GENERAL WELFARE ANDPROSPERITY OF NEW YORK CITY; (C) THE PROMOTION OF A BETTER AND MORE RESPONSIVE NEW YORK CITY GOVERNMENT; AND (D) THE DEVELOPMENT, STIMULATION, ENCOURAGEMENT, IMPROVEMENT AND PROMOTION OF CIVIC, CULTURAL AND SOCIAL ACTIVITIES AND PROGRAMS OF NEW YORK CITY AND THE DEVELOPMENT AND IMPROVEMENT OF THE QUALITY OF LIFE IN NEW YORK CITY. 0 0 2974504 LEADERSHIP AND OUTREACH: THE PARTNERSHIP IS A NONPROFIT MEMBERSHIP ORGANIZATION COMPRISED OF A SELECT GROUP OF APPROXIMATELY TWO HUNDRED FIFTY CEOS (PARTNERS) FROM NEW YORK CITY'S TOP CORPORATE, PROFESSIONAL SERVICES AND INVESTMENT FIRMS AND REPRESENTATIVES OF THE ENTREPRENEURIAL AND SMALL BUSINESS SECTOR (ASSOCIATE PARTNERS). MEMBERS WORK CLOSELY WITH GOVERNMENT, LABOR AND THE NONPROFIT SECTOR TO ENHANCE THE ECONOMY, IMPROVE PUBLIC EDUCATION, AND UPGRADE THE INFRASTRUCTURE OF NEW YORK. THE PARTNERSHIP HOLDS MORE THAN 90 MEETINGS EACH YEAR WITH LEADERS OF GOVERNMENT, BUSINESS, LABOR, AND THE CIVIC SECTOR. 1336938 GOVERNMENT AFFAIRS: THE PARTNERSHIP IS A RESOURCE TO PUBLIC SECTOR DECISION-MAKERS AT THE CITY, STATE AND FEDERAL LEVELS OF GOVERNMENT, PROVIDING EXPERTISE AND ADVICE ON ISSUES THAT AFFECT ECONOMIC GROWTH, BUSINESS DEVELOPMENT AND JOB CREATION. 1025505 RESEARCH AND POLICY: THE PARTNERSHIP CONDUCTS RESEARCH, SURVEYS, AND ANALYSIS OF ISSUES AND PROJECTS THAT WILL HAVE AN IMPACT ON THE LOCAL AND STATE ECONOMY. IN 2023, THE PARTNERSHIP CONTINUED TO ASSIST THE NEW YORK CITY PUBLIC SCHOOLS (NYCPS) ON CAREER-CONNECTED LEARNING INITIATIVES BY INCREASING INDUSTRY ENGAGEMENT OVERALL. THE PARTNERSHIP HOLDS A LEADERSHIP ROLE ON THE CITYWIDE STUDENT PATHWAYS ADVISORY COUNCIL, WHICH PROVIDES INDUSTRY INPUT INTO CURRICULUM, POLICY RECOMMENDATIONS TO SUPPORT CAREER-CONNECTED LEARNING AND ACTS AS AN ONGOING RESOURCE FOR NYCPS. IN 2023, THE PARTNERSHIP CONTINUED ITS WORK IN CORPORATE SOCIAL RESPONSIBILITY WITH A FOCUS ON SUPPORTING THE WORK IN EDUCATION AND WORKFORCE DEVELOPMENT THAT INDIVIDUAL MEMBER COMPANIES ARE ALREADY UNDERTAKING. 5336947 0 1 0 1 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 1 16 0 42 1 1 1 0 0 0 1 1 0 1 0 X 111 108 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X ANTHONY GIUGLIANO 2124937503 1 BATTERY PARK PLAZA NEW YORK NY 10004 KATHRYN S WYLDE PRESIDENT/CEO 47.50 2.50 X X 1548061 0 52829 ALBERT BOURLA CO-CHAIR 0.20 X X 0 0 0 ROB SPEYER CO-CHAIR 0.20 X X 0 0 0 JANE FRASER VICE CHAIR 0.20 X X 0 0 0 KEWSONG LEE VICE CHAIR 0.20 X X 0 0 0 KEVIN P RYAN VICE CHAIR 0.20 X X 0 0 0 GEORGE H WALKER VICE CHAIR 0.20 X X 0 0 0 CATHERINE ENGELBERT SECRETARY 0.20 X X 0 0 0 CHARLES E PHILLIPS JR TREASURER 0.20 X X 0 0 0 SOPHIA HUDSON EX OFFICIO 0.35 X 0 0 0 RICHARD JEANNERET EX OFFICIO, THROUGH 1/25/23 0.35 X 0 0 0 YESENIA SCHEKER EX OFFICIO, AS OF 1/25/23 0.35 X 0 0 0 CHARLES WEINSTEIN EX OFFICIO 0.35 X 0 0 0 JEFFREY H ARONSON DIRECTOR 0.15 X 0 0 0 NEIL BARR DIRECTOR 0.15 X 0 0 0 JEFF T BLAU DIRECTOR 0.15 X 0 0 0 TIMOTHY CAWLEY DIRECTOR 0.15 X 0 0 0 JAMIE DIMON DIRECTOR 0.15 X 0 0 0 JOHN Q DOYLE DIRECTOR, AS OF 1/25/23 0.15 X 0 0 0 BLAIR W EFFRON DIRECTOR 0.15 X 0 0 0 LAURENCE D FINK DIRECTOR 0.15 X 0 0 0 WILLIAM E FORD DIRECTOR 0.15 X 0 0 0 JEFF GENNETTE DIRECTOR, THROUGH 12/13/23 0.15 X 0 0 0 BARRY M GOSIN DIRECTOR 0.15 X 0 0 0 EVAN G GREENBERG DIRECTOR 0.15 X 0 0 0 NAUREEN HASSAN DIRECTOR, AS OF 10/18/23 0.15 X 0 0 0 KENNETH M JACOBS DIRECTOR 0.15 X 0 0 0 BRAD S KARP DIRECTOR 0.15 X 0 0 0 CHARLES R KAYE DIRECTOR 0.15 X 0 0 0 HENRY R KRAVIS DIRECTOR 0.15 X 0 0 0 MARTIN LIPTON DIRECTOR, THROUGH 10/18/23 0.15 X 0 0 0 PETER W MAY DIRECTOR 0.15 X 0 0 0 ANDREW MCMAHON DIRECTOR 0.15 X 0 0 0 ANDREW NUSSBAUM DIRECTOR, AS OF 10/18/23 0.10 X 0 0 0 STEVEN L RATTNER DIRECTOR 0.15 X 0 0 0 STEVEN RUBENSTEIN DIRECTOR 0.15 X 0 0 0 ALAN D SCHNITZER DIRECTOR 0.15 X 0 0 0 ALAN D SCHWARTZ DIRECTOR 0.15 X 0 0 0 STEPHEN A SCHWARZMAN DIRECTOR 0.15 X 0 0 0 JOSHUA SILVERMAN DIRECTOR 0.15 X 0 0 0 DAVID M SOLOMON DIRECTOR 0.15 X 0 0 0 JEFFREY M SOLOMON DIRECTOR 0.15 X 0 0 0 ROBERT K STEEL DIRECTOR 0.15 X 0 0 0 STEVEN R SWARTZ DIRECTOR 0.15 X 0 0 0 JAMES S TISCH DIRECTOR 0.15 X 0 0 0 LEE S AINSLIE III DIRECTOR 0.10 X 0 0 0 GLENN R AUGUST DIRECTOR 0.10 X 0 0 0 JACK AZAGURY DIRECTOR 0.10 X 0 0 0 ROBERT BAKISH DIRECTOR 0.10 X 0 0 0 CANDACE K BEINECKE DIRECTOR 0.10 X 0 0 0 STEPHEN BERGER DIRECTOR 0.10 X 0 0 0 WILLIAM H BERKMAN DIRECTOR 0.10 X 0 0 0 KATHY BLOOMGARDEN DIRECTOR 0.10 X 0 0 0 TORRENCE BOONE DIRECTOR, AS OF 7/19/23 0.10 X 0 0 0 MARTIN S BURGER DIRECTOR, THROUGH 10/27/23 0.10 X 0 0 0 H RODGIN COHEN DIRECTOR 0.10 X 0 0 0 MARC COOPER DIRECTOR 0.10 X 0 0 0 JOANNE CREVOISERAT DIRECTOR 0.10 X 0 0 0 ANTHONY J DE NICOLA DIRECTOR, THROUGH 1/25/23 0.10 X 0 0 0 CRAIG DESANTO DIRECTOR 0.10 X 0 0 0 CARMINE DI SIBIO DIRECTOR 0.10 X 0 0 0 DOUGLAS DURST DIRECTOR, THROUGH 12/13/23 0.10 X 0 0 0 JOEL S EHRENKRANZ DIRECTOR 0.10 X 0 0 0 WINSTON C FISHER DIRECTOR 0.10 X 0 0 0 PETER FURCI DIRECTOR 0.10 X 0 0 0 JASON GIRZADAS DIRECTOR, AS OF 7/19/23 0.10 X 0 0 0 DEXTER GOEI DIRECTOR, THROUGH 2/9/23 0.10 X 0 0 0 TIMOTHY GOKEY DIRECTOR 0.10 X 0 0 0 JAMES P GORMAN DIRECTOR, THROUGH 12/13/23 0.10 X 0 0 0 EFRAIM GRINBERG DIRECTOR 0.10 X 0 0 0 BRETT HART DIRECTOR 0.10 X 0 0 0 ROBIN HAYES DIRECTOR, THROUGH 12/13/23 0.10 X 0 0 0 LIZ HILTON SEGEL DIRECTOR 0.10 X 0 0 0 MICHEL A KHALAF DIRECTOR, THROUGH 12/13/23 0.10 X 0 0 0 LINDA KIRKPATRICK DIRECTOR 0.10 X 0 0 0 PAUL KNOPP DIRECTOR 0.10 X 0 0 0 PHILIPPE KRAKOWSKY DIRECTOR 0.10 X 0 0 0 ARVIND KRISHNA DIRECTOR, AS OF 7/19/23 0.10 X 0 0 0 WILLIAM P LAUDER DIRECTOR 0.10 X 0 0 0 PAUL LAVELLE DIRECTOR 0.10 X 0 0 0 ROCHELLE B LAZARUS DIRECTOR 0.10 X 0 0 0 HARRISON LEFRAK DIRECTOR, THROUGH 12/13/23 0.10 X 0 0 0 JOEY LEVIN DIRECTOR 0.10 X 0 0 0 ALLAN LEVINE DIRECTOR 0.10 X 0 0 0 BOB LORD DIRECTOR, THROUGH 7/17/23 0.10 X 0 0 0 HOWARD W LUTNICK DIRECTOR 0.10 X 0 0 0 ROGER LYNCH DIRECTOR 0.10 X 0 0 0 TRACY MAITLAND DIRECTOR 0.10 X 0 0 0 JOEL S MARCUS DIRECTOR 0.10 X 0 0 0 LYNN MARTIN DIRECTOR 0.10 X 0 0 0 DENNIS MATHEW DIRECTOR, AS OF 7/19/23 0.10 X 0 0 0 RAYMOND MCGUIRE DIRECTOR 0.10 X 0 0 0 HEIDI MESSER DIRECTOR, THROUGH 1/25/23 0.10 X 0 0 0 ALDEN MILLARD DIRECTOR 0.10 X 0 0 0 EDWARD J MINSKOFF DIRECTOR 0.10 X 0 0 0 KEN MOELIS DIRECTOR 0.10 X 0 0 0 GREG MONDRE DIRECTOR 0.10 X 0 0 0 DEANNA M MULLIGAN DIRECTOR 0.10 X 0 0 0 SABASTIAN NILES DIRECTOR, AS OF 10/18/23 0.10 X 0 0 0 JOHN PAULSON DIRECTOR, THROUGH 4/5/23 0.10 X 0 0 0 DOUGLAS L PETERSON DIRECTOR 0.10 X 0 0 0 MICHAEL A PETERSON DIRECTOR 0.10 X 0 0 0 DEIRDRE QUINN DIRECTOR 0.10 X 0 0 0 CHRISTIANA RILEY DIRECTOR 0.10 X 0 0 0 MICHAEL ROBERTS DIRECTOR 0.10 X 0 0 0 JAMES D ROBINSON DIRECTOR 0.10 X 0 0 0 STEVEN ROTH DIRECTOR 0.10 X 0 0 0 MITCHELL E RUDIN DIRECTOR 0.10 X 0 0 0 WILLIAM C RUDIN DIRECTOR 0.10 X 0 0 0 TIMOTHY RYAN DIRECTOR, THROUGH 12/13/23 0.10 X 0 0 0 FAIZA SAEED DIRECTOR 0.10 X 0 0 0 SCOTT SALMIRS DIRECTOR 0.10 X 0 0 0 STEPHEN SCHERR DIRECTOR, AS OF 10/18/23 0.10 X 0 0 0 MARTIN SCHROETER DIRECTOR 0.10 X 0 0 0 CARYN SEIDMAN-BECKER DIRECTOR 0.10 X 0 0 0 SUZANNE SHANK DIRECTOR 0.10 X 0 0 0 STEFAN SIMON DIRECTOR, AS OF 12/13/23 0.10 X 0 0 0 STEPHEN J SQUERI DIRECTOR 0.10 X 0 0 0 PAUL J TAUBMAN DIRECTOR 0.10 X 0 0 0 JOSE TAVAREZ DIRECTOR 0.10 X 0 0 0 PAUL TODD DIRECTOR, TRHOUGH 1/25/23 0.10 X 0 0 0 JOSEPH UCUZOGLU DIRECTOR, THROUGH 2/28/23 0.10 X 0 0 0 ROBIN VINCE DIRECTOR 0.10 X 0 0 0 DAVID WINTER DIRECTOR 0.10 X 0 0 0 RUDOLPH WYNTER DIRECTOR 0.10 X 0 0 0 ANTHONY YOSELOFF DIRECTOR, AS OF 12/13/23 0.10 X 0 0 0 PETER ZAFFINO DIRECTOR, THROUGH 12/13/23 0.10 X 0 0 0 DAVID M ZASLAV DIRECTOR, THROUGH 12/13/23 0.10 X 0 0 0 STRAUSS ZELNICK DIRECTOR 0.10 X 0 0 0 JAMES ZELTER DIRECTOR 0.10 X 0 0 0 ANTHONY GIUGLIANO CHIEF FINANCIAL OFFICER 13.95 31.05 X 439352 0 36924 MARIA GOTSCH PRESIDENT - FUND 0.00 45.00 X 808142 0 37178 MERRILL POND EXECUTIVE VICE PRESIDENT 40.00 X 314922 0 48476 JENNIFER FINE EXECUTIVE VICE PRESIDENT 40.00 X 327472 0 35596 PETER M COHEN GENERAL COUNSEL - FUND 0.00 45.00 X 277648 0 33430 ADIRA SIMAN SENIOR VICE PRESIDENT AND 45.00 X 243146 0 45894 ARMINDA AVILES KELLY SENIOR VICE PRESIDENT - FU 0.00 40.00 X 251616 0 32500 4210359 0 322827 25 0 1 0 SHOW UP TURN OUT INC 570 LEXINGTON AVENUE NEW YORK NY 10022 PUBLIC SAFETY PROJECT 285000 MITCHELL & TITUS LLP 80 PINE STREET NEW YORK NY 10005 AUDIT & TAX SERVICE 221841 2 200000 42000 242000 MEMBERSHIP DUES 819391 8801348 8801348 8801348 1278141 1278141 51576 -51576 -51576 -51576 2732616 1542253 1190363 1190363 1190363 SUPPORT SERVICE REVENUE 561000 9012 9012 MISCELLANEOUS REVENUE 900099 3487 3487 12499 11472775 1138787 9012 10082976 2860898 2235820 625078 1854431 1481993 294430 78008 97577 73038 20274 4265 347555 252978 83076 11501 147990 113325 28334 6331 11353 11353 194052 194052 41200 41200 139074 139074 578908 476482 101522 904 120629 79171 40019 1439 245935 115430 124294 6211 1074323 357888 697384 19051 34921 26182 8041 698 14869 8395 6474 1107 1107 110494 36534 72022 1938 87442 31531 54343 1568 MISCELLANEOUS EXPENSES 135819 6980 128471 368 SUPPORT SERVICE EXPENSE 96499 96499 8195076 5336947 2725847 132282 3320168 1867784 1955741 1434913 75000 80000 205235 332803 1492157 693792 937871 798365 37440396 45031358 885142 732812 10353375 9656045 55172928 59934080 448507 491515 200000 285000 12883249 10863757 13531756 11640272 X 41091483 47744708 549689 549100 41641172 48293808 55172928 59934080 X 3277699 2619791 755146 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 8801348 75730 -680473 -604743 123219 -727962 0 435032 137952 91241 481743 615418 -166568 13818 435032 528088 124572 37242 615418 435421 125258 32591 528088 370000 164421 99000 435421 0.77000 0.23000 0 0 750834 262792 488042 741323 431000 310323 798365 DUE FROM AFFILIATES 1290261 INVESTMENT IN NYC INVESTMENT FUND MANAGER, INC 1000 RIGHT-OF-USE ASSET 8364784 9656045 ACCRUED POST-RETIREMENT BENEFITS 1221740 LIABILITY FOR INVESTMENT HELD IN TRUST FOR OTHERS 566593 LEASE LIABILITY 9075424 10863757 X PART X, LINE 2: MANAGEMENT HAS EVALUATED ALL ENTITIES' TAX POSITIONS AND HAS CONCLUDED THAT THE ENTITIES HAVE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS OR FURTHER DISCLOSURE IN THE NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS. PART V, LINE 4: EARNINGS FROM THE ORGANIZATION'S ENDOWMENT FUND ARE USED TO SUPPORT RELATED PROGRAMS. X X X X X 0 1 0 KATHRYN S WYLDE PRESIDENT/CEO 965561 0 560000 0 22500 0 19800 0 33029 0 1600890 0 0 0 MARIA GOTSCH PRESIDENT - FUND 672682 0 135460 0 0 0 19800 0 17378 0 845320 0 0 0 ANTHONY GIUGLIANO CHIEF FINANCIAL OFFICER 381907 0 57445 0 0 0 19800 0 17124 0 476276 0 0 0 MERRILL POND EXECUTIVE VICE PRESIDENT 272721 0 42201 0 0 0 16878 0 31598 0 363398 0 0 0 JENNIFER FINE EXECUTIVE VICE PRESIDENT 284205 0 43267 0 0 0 17303 0 18293 0 363068 0 0 0 PETER M COHEN GENERAL COUNSEL - FUND 262648 0 15000 0 0 0 15925 0 17505 0 311078 0 0 0 ADIRA SIMAN SENIOR VICE PRESIDENT AND 220397 0 22749 0 0 0 13645 0 32249 0 289040 0 0 0 ARMINDA AVILES KELLY SENIOR VICE PRESIDENT - FU 228541 0 23075 0 0 0 13843 0 18657 0 284116 0 0 0 PART I LINE 4B: KATHRYN WYLDE PARTICIPATES IN A NONQUALIFIED RETIREMENT PLAN WITH THE NEW YORK CITY INVESTMENT FUND MANAGER, INC., A RELATED ORGANIZATION. DURING THE YEAR 2023, SHE DID NOT RECEIVE ANY PAYMENTS FROM THE PLAN. RUDIN MANAGEMENT COMPANY INC SEE PART V 1571729 OFFICE SPACE LEASE 0 JP MORGAN CHASE & CO SEE PART V 139074 INVESTMENT ADVISORY SERVICES INVESTMENT 0 JP MORGAN CHASE & CO SEE PART V 1300 BANK SERVICE FEE 0 PART IV LINE 1: WILLIAM C. RUDIN, A CURRENT DIRECTOR IS CO-CHAIRMAN AND CEO OF RUDIN MANAGEMENT COMPANY, INC. THE BUSINESS TRANSACTION WITH RUDIN MANAGEMENT COMPANY, INC. IS A FAIR MARKET VALUE LEASE TRANSACTION AND IS NOT A SIGNIFICANT FINANCIAL TRANSACTION TO RUDIN MANAGEMENT COMPANY, INC. PART IV LINE 2: JAMES DIMON, A CURRENT DIRECTOR IS CHAIRMAN AND CEO OF JP MORGAN CHASE & CO. THE BUSINESS TRANSACTION WITH JP MORGAN CHASE & CO. IS A FAIR MARKET VALUE BUSINESS TRANSACTION AND IS NOT A SIGNIFICANT FINANCIAL TRANSACTION TO JP MORGAN CHASE & CO. PART IV LINE 3: JAMES DIMON, A CURRENT DIRECTOR IS CHAIRMAN AND CEO OF JP MORGAN CHASE & CO. THE BUSINESS TRANSACTION WITH JP MORGAN CHASE & CO. IS A FAIR MARKET VALUE BUSINESS TRANSACTION AND IS NOT A SIGNIFICANT FINANCIAL TRANSACTION TO JP MORGAN CHASE & CO. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF 43 MEMBERS. THOSE MEMBERS INCLUDE THE PRESIDENT & CEO OF THE PARTNERSHIP FOR NEW YORK CITY INC., THE BOARD CO-CHAIRS AND VICE-CHAIRS, AND MEMBERS OF THE BOARD OF DIRECTORS OF THE PARTNERSHIP FOR NEW YORK CITY INC. THE EXECUTIVE COMMITTEE HAS AND EXERCISES ALL THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION TO THE EXTENT PERMITTED BY LAW (EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY AS TO THE FOLLOWING MATTERS: (A) THE SUBMISSION TO THE MEMBERS OF ANY ACTION REQUIRING MEMBERS' APPROVAL BY LAW, THE CERTIFICATE OF INCORPORATION OR THE BY-LAWS; (B) THE FILLING OF VACANCIES IN THE BOARD OF DIRECTORS OR IN ANY COMMITTEE OF THE BOARD; (C) THE FIXING OF COMPENSATION OF THE DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE; (D) THE AMENDMENT OR REPEAL OF THE BY-LAWS OR THE ADOPTION OF NEW BY-LAWS; (E) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD WHICH BY ITS TERMS SHALL NOT BE SO AMENDABLE OR REPEALABLE; (F) THE ELECTION OR REMOVAL OF DIRECTORS OR OFFICERS; (G) THE APPROVAL OF A MERGER OR A PLAN OF DISSOLUTION INVOLVING THE CORPORATION; OR (H) THE APPROVAL OF AMENDMENTS TO THE CERTIFICATE OF INCORPORATION.) FORM 990, PART VI, SECTION A, LINE 2 SOME MEMBERS OF THE GOVERNING BODY HAVE ONGOING BUSINESS RELATIONSHIPS WITH EACH OTHER THROUGH ENTITIES THEY HAVE CONTROL OVER DOING BUSINESS WITH EACH OTHER IN THE COURSE OF MANAGING THEIR PROFESSIONAL AND BUSINESS INTERESTS. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE THREE (3) CLASSES OF MEMBERS OF THE ORGANIZATION: PARTNERS, CORPORATE PARTNERS, AND ASSOCIATE PARTNERS. THE BOARD OF DIRECTORS ESTABLISHES THE DESIGNATION AND CHARACTERISTICS OF EACH CLASS OF MEMBERS AND THE QUALIFICATIONS AND RIGHTS OF, AND LIMITATIONS UPON, THE MEMBERS OF EACH CLASS. PARTNERS DIRECT THE GOVERNANCE AND COMMITTEES OF THE ORGANIZATION'S AGENDA. CORPORATE PARTNERS PARTICIPATE IN GOVERNANCE AND AGENDA SETTING. ASSOCIATE PARTNERS ARE NOT ENTITLED TO VOTE ON AMENDMENTS TO THE ORGANIZATION'S CERTIFICATE OF INCORPORATION OR BY-LAWS OR ON FUNDAMENTAL CORPORATE CHANGES (E.G., MERGER, DISSOLUTION, ETC.) TO THE ORGANIZATION, EXCEPT WHERE SUCH ACTION AFFECTS THE EXISTING RIGHTS OF THE ASSOCIATE PARTNERS. FORM 990, PART VI, SECTION A, LINE 7A PARTNERS AND CORPORATE PARTNERS ELECT THE MEMBERS OF THE BOARD. THE NUMBER OF BOARD MEMBERS IS CURRENTLY 110. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 PREPARED BY MANAGEMENT AND REVIEWED BY THE INDEPENDENT ACCOUNTANT IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND DISCUSSION PRIOR TO BEING FILED. THE AUDIT COMMITTEE ALSO REVIEWS AND ACCEPTS THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS. AFTER THE COMMITTEE REVIEWS THE FORM 990 WITH MANAGEMENT AND THE INDEPENDENT ACCOUNTANT AND THEIR QUESTIONS ARE ANSWERED, THE INDEPENDENT ACCOUNTANT AND CHIEF FINANCIAL OFFICER SIGN THE FORM. FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE VIA EMAIL PRIOR TO FILING WITH IRS. THE FORM IS FILED WITH THE IRS BEFORE THE FINAL DUE DATE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ISSUES A CONFLICT OF INTEREST AND CODE OF ETHICS POLICY TO ALL OF ITS EMPLOYEES, AND NON-EMPLOYEE DIRECTORS AND OFFICERS, ON AN ANNUAL BASIS. ALL EMPLOYEES ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AND SIGN AND RETURN THE POLICY STATEMENT TO THE HUMAN RESOURCES DEPARTMENT (WHERE THE SIGNED ACKNOWLEDGMENTS ARE KEPT ON FILE). POLICY STATEMENTS SIGNED AND RETURNED BY NON-EMPLOYEE DIRECTORS AND OFFICERS ARE KEPT ON FILE IN THE CORPORATE AFFAIRS DEPARTMENT. WRITTEN POLICIES ARE ESTABLISHED, UPDATED ANNUALLY, AND DISTRIBUTED TO EMPLOYEES OUTLINING PROFESSIONAL CONDUCT THAT IS EXPECTED OF EMPLOYEES. POLICIES ARE BROAD ENOUGH TO ENSURE THAT ALL PERCEIVED AND POTENTIAL CONFLICTS ARE ENCOMPASSED. PROCEDURES REQUIRE THAT CONFLICTS OF INTEREST ARE REPORTED TO THE ORGANIZATION'S GENERAL COUNSEL. THE GENERAL COUNSEL UTILIZES OUTSIDE COUNSEL FOR GUIDANCE ON NON-ROUTINE LEGAL MATTERS INCLUDING DETERMINING POTENTIAL CONFLICTS OF INTEREST. IN THE EVENT AN EMPLOYEE CONFLICT IS DETERMINED, THE GENERAL COUNSEL DISCUSSES THE CONFLICT WITH THE PRESIDENT /CEO, WHO IN TURN WOULD DISCUSS THE CONFLICT WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. WITH RESPECT TO NON-EMPLOYEE DIRECTORS AND OFFICERS, THE ORGANIZATION'S AUDIT COMMITTEE OVERSEES AND MONITORS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THE COMMITTEE'S DUTIES IN THIS REGARD SHALL INCLUDE REVIEWING ANNUALLY A SUMMARY AND RECOMMENDATIONS, IF ANY, PREPARED BY THE GENERAL COUNSEL AND THE CFO OF THE ORGANIZATION OF THE DISCLOSURES OF ALL CONFLICT OF INTEREST TRANSACTIONS PRESENTED TO GENERAL COUNSEL AND THE CFO IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND THE RELATED PARTY TRANSACTION RULES OF THE NEW YORK STATE LAW. FORM 990, PART VI, SECTION B, LINE 15 THE CORPORATION'S COMPENSATION COMMITTEE IS AN INDEPENDENT COMMITTEE COMPRISED OF MEMBERS OF THE BOARD OF DIRECTORS. THE COMMITTEE IS COMPRISED OF INDIVIDUALS UNRELATED TO AND NOT SUBJECT TO THE CONTROL OF MANAGEMENT.THE COMMITTEE MEMBERS DO NOT HAVE ANY MATERIAL FINANCIAL INTEREST IN ITS TRANSACTIONS. THE MEMBERS DO NOT RECEIVE COMPENSATION SUBJECT TO MANAGEMENT'S APPROVAL. THE COMMITTEE ENGAGES A BENEFITS CONSULTING FIRM ON AN ANNUAL BASIS TO PREPARE A COMPETITIVE COMPENSATION ANALYSIS FOR THE ORGANIZATION'S MOST HIGHLY COMPENSATED EMPLOYEES PRIOR TO MAKING ITS DECISION. THE CONSULTANT COLLECTS PERTINENT DATA OF COMPARABLE POSITIONS AT PEER ORGANIZATIONS, AND INCLUDES THE INFORMATION IN A REPORT TO THE COMMITTEE. THE COMPARABLE DATA IS COMPENSATION ORDINARILY PROVIDED BY SIMILARLY SITUATED ORGANIZATIONS WHICH ARE COMPARABLE IN SIZE, NATURE, AND OPERATIONS. THE CONSULTANT ALSO INCLUDES DATA THAT DESCRIBES CURRENT YEAR TRENDS IN OVERALL STAFF COMPENSATION INCREASES. THE FINAL REPORT IS PROVIDED TO THE COMPENSATION COMMITTEE. THE COMMITTEE MAINTAINS ADEQUATE AND CONTEMPORANEOUS DOCUMENTATION. TERMS OF THE COMMITTEE'S DELIBERATIONS AND ITS CONCLUSIONS ARE AGREED UPON AND RECORDED IN WRITING PRIOR TO THE DATE COMPENSATION CHANGES ARE INSTITUTED. THE DOCUMENTATION RECORDS THE DECISION-MAKING PROCESS AND THE ACTIONS OF THE COMMITTEE MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: DECREASE IN 527(F) POLITICAL ACTION COMMITEE CASH ACCOUNT -47,300. POST-RETIREMENT GAIN OTHER THAN PERIODIC COST 802,446. NEW YORK CITY PARTNERSHIP FOUNDATION INC ONE BATTERY PARK PLAZA NEW YORK NY 10004 133202011 PUBLIC CHARITY NY 501 (C)(3) LINE 7 N/A 0 PARTNERSHIP FOR NEW YORK CITY PAC ONE BATTERY PARK PLAZA NEW YORK NY 10004 760720389 POLITICAL ACTION COMMITTEE NY 527 N/A 0 FUND FOR NEW YORK'S FUTURE INC ONE BATTERY PARK PLAZA NEW YORK NY 10004 421729265 PROMOTE NYC WELFARE NY 501(C)(4) SEE PART VII 1 COALITION FOR NEW YORK'S FUTURE INC ONE BATTERY PARK PLAZA NEW YORK NY 10004 274201240 PROMOTE NYS ECONOMY NY 501(C)(4) SEE PART VII 1 PARTNERSHIP FOR NEW YORK CITY INC FEDERAL ONE BATTERY PARK PLAZA NEW YORK NY 10004 825386426 POLITICAL ACTION COMMITTEE NY 527 N/A 0 NEW YORK CITY INVESTMENT FUND MANAGER INC ONE BATTERY PARK PLAZA NEW YORK NY 10004 PORTFOLIO MANAGE ASSETS INVESTMENTS NY SEE PART VII C 1.00000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 NEW YORK CITY INVESTMENT FUND MANAGER INC O 2899291 COST NEW YORK CITY INVESTMENT FUND MANAGER INC N 1955718 COST NEW YORK CITY PARTNERSHIP FOUNDATION INC C 200000 COST NEW YORK CITY PARTNERSHIP FOUNDATION INC N 74727 COST NEW YORK CITY PARTNERSHIP FOUNDATION INC O 150247 COST PART II LINE 3: THE DIRECT CONTROLLING ENTITY IS THE FILING ORGANIZATION, THE PARTNERSHIP FOR NEW YORK CITY, INC. PART II LINE 4: THE DIRECT CONTROLLING ENTITY IS THE FILING ORGANIZATION, THE PARTNERSHIP FOR NEW YORK CITY, INC. PART IV LINE 1: THE DIRECT CONTROLLING ENTITY IS THE FILING ORGANIZATION, THE PARTNERSHIP FOR NEW YORK CITY, INC.