2025-04-29T09:12:13-05:00 2024-06-30 141555429 UHY ADVISORS NORTHEAST INC 1185 AVENUE OF THE AMERICAS 38TH FLOOR NEW YORK NY 10036 990 2023-07-01 136533158 ASPHALT GREEN INC ASPH 6469812237 555 EAST 90TH ST NEW YORK NY 10128 DEAN SOMER CHIEF FINANCIAL OFFICER 6469812237 2025-04-28 1 0 CHRISTOPHER OLIVA P00186785 2123814700 2025-04-02 2023 2025-03-06 01:10:19Z DEAN SOMER 555 EAST 90TH STREET NEW YORK NY 10128 34783433 0 X WWW.ASPHALTGREEN.ORG X 1975 NY SPORT AND FITNESS ORGANIZATION 25 24 161 87 0 0 6669274 5342987 26582595 28219958 326819 1074888 0 0 33578688 34637833 0 0 0 0 18628343 22195028 0 0 1139121 11461211 13718493 30089554 35913521 3489134 -1275688 43695781 44561940 14598457 15248057 29097324 29313883 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 7960276 7500433 FACILITIES USAGE - INCLUDES USAGE OF POOL AND FITNESS CENTER. BENEFITED APPROXIMATELY 11,000 PEOPLE DURING THE YEAR. 19448980 19470236 PROGRAMS - INCLUDES AQUATICS, EXERCISE PROGRAMS, SPORTS, MARTIAL ARTS, AND CAMPS. BENEFITED APPROXIMATELY 8,000 PEOPLE DURING THE YEAR. 2967418 FREE COMMUNITY PROGRAMS & USAGE - INCLUDES USAGE OF POOL, FIELD, GYM, THEATER, SPORTS, AQUATICS AND OTHER PROGRAMS. BENEFITED APPROXIMATELY 21,000 PEOPLE DURING THE YEAR. 30376674 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 93 0 161 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 24 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 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 VICE CHAIR 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 ROWDY GAINES DIRECTOR 2.00 X 0 0 0 ROBERT MILAM SECRETARY 2.00 X X 0 0 0 KIMBERLY BURD DIRECTOR 2.00 X 0 0 0 DAVID LEVIN 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 LOCKY TRACHSEL DIRECTOR 2.00 X 0 0 0 ALBERT ZESIGER DIRECTOR 2.00 X 0 0 0 BARRIE ZESIGER DIRECTOR 2.00 X 0 0 0 DEAN L SOMER CHIEF FINANCIAL OFFICER 40.00 X 184124 0 19641 PEDRO RAICOVICH CHIEF ADMINISTRATIVE OFFICER 40.00 X 217249 0 31954 DAVID BYRNES CHIEF MARKETING OFFICER 40.00 X 108943 0 0 JORDAN BRACKETT CHIEF EXECUTIVE OFFICER 40.00 X 330153 0 19207 RENEE DAVIS CHIEF DEVELOPMENT OFFICER 40.00 X 236360 0 5553 DAVID RODRIGUEZ SR. DIRECTOR OF AQUATICS 40.00 X 211925 0 20276 KATIE DUFFY DIRECTOR OF CAMPS 40.00 X 106919 0 11141 KAREN BORSARI SR. DIRECTOR EXTERNAL ENGAGEMENT 40.00 X 124168 0 5901 EAMON HANAFIN SENIOR DIRECTOR OF ADMINISTRATION 40.00 X 138481 0 6063 LAUREN HUNT DIRECTOR OF OPERATIONS 40.00 X 119082 0 11246 NICOLE LEE DIRECTOR OF MEMBERSHIP AND FITNESS 40.00 X 127291 0 22571 MARCUS FARNY CHIEF OPERATING OFFICER 40.00 X 138814 0 14978 2043509 0 168531 16 1 1 0 SAFETY BUILDING CLEANING CORP 5 WEST 37TH STREET SUITE 803 NEW YORK NY 10018 FACILITIES CLEANING 1288190 BATTERY PARK CITY AUTHORITY 200 LIBERTY STREET 24TH FLOOR NEW YORK NY 10281 FACILITIES RENTAL 407324 SWEET CONSTRUCTION CORP 5 HANOVER SQUARE 5TH FL NEW YORK NY 10004 CONSTRUCTION COMPANY 396206 NATIONAL ENVIRONMENTAL CHEMICAL CORP 50 BETHPAGE ROAD HICKSVILLE NY 11801 FACILITIES AND HOUSEKEEPING SUPPLIES 297701 METRO TEAM OUTFITTERS 75 NASSAU TERMINAL ROAD NEW HYDE PARK NY 11040 STAFF / PROGRAM UNIFORMS 283214 10 1049158 933402 3360427 5342987 PROGRAMS 713940 19470236 19470236 FACILITIES USAGE 713940 7500433 7500433 FACILITIES RENTAL 532000 1001030 1001030 OTHER PROGRAM SERVICE REVENUE 713940 248259 248259 28219958 820483 820483 254405 0 254405 254405 254405 145600 1049158 145600 0 34637833 28219958 0 1074888 18013281 15504730 1959024 549527 1334313 1280655 26679 26979 2847434 2370521 376796 100117 43600 21800 21800 1275774 298519 950520 26735 1298992 1247032 25980 25980 273054 248276 18206 6572 2418186 2321459 48363 48364 940901 853804 68279 18818 SUPPLIES 3166311 3133488 15730 17093 MAINTENANCE & GROUNDS 1317116 896091 402794 18231 CREDIT CARD PROCESSING 659356 639327 6984 13045 BUILDING SUPPLIES 503784 503784 1821419 1057188 476571 287660 35913521 30376674 4397726 1139121 1587292 237917 8096427 6170886 443154 1274277 545620 405529 391440 1521038 74044651 63810364 10804246 10234287 19288224 22573611 622328 622328 1917050 1522067 43695781 44561940 4050517 4683998 8525218 9189387 591467 451697 1431255 922975 14598457 15248057 X 20373560 18511919 8723764 10801964 29097324 29313883 43695781 44561940 X -1275688 1593109 10000 -110862 X 0 1 X 1 0 X 4665753 2193472 2526018 6669274 5342987 21397504 21245012 13056925 22562477 26582595 28219958 111666967 25910765 15250397 25088495 33251869 33562945 133064471 431851 1251654 878547 1747300 3235776 7545128 639106 647860 5043269 1082560 625626 8038421 1070957 1899514 5921816 2829860 3861402 15583549 117480922 452025 406161 406050 524298 820483 2609017 0 0 0 0 0 452025 406161 406050 524298 820483 2609017 26362790 15656558 25494545 33776167 34383428 135673488 0.86590 0.88820 0.01920 0.01700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21800 21800 43600 30000000 30043600 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 39250 31050 36250 43600 150150 250000 250000 250000 250000 1000000 1500000 39250 31050 36250 43600 150150 6515410 1261046 244568 7531888 6065978 686104 236672 6515410 7587936 -1320490 201468 6065978 5408526 2361066 181656 7587936 5139006 438936 169416 5408526 0.27640 0.72360 0 0 49521419 43321356 6200063 17627279 15013985 2613294 6895953 5475023 1420930 10234287 OPERATING LEASE LIABILITY, NON-CURRENT PORTION 922975 922975 X 36109444 1593109 10000 1603109 34506335 131498 131498 34637833 35892885 110862 110862 35782023 131498 131498 35913521 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 INCLUDED 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 1194758 1194758 1194758 1194758 X 0 0 0 0 0 0 0 0 0 JORDAN BRACKETT CHIEF EXECUTIVE OFFICER 315153 0 15000 0 0 0 0 0 19207 0 349360 0 0 0 PEDRO RAICOVICH CHIEF ADMINISTRATIVE OFFICER 217249 0 0 0 0 0 14282 0 17672 0 249203 0 0 0 RENEE DAVIS CHIEF DEVELOPMENT OFFICER 236360 0 0 0 0 0 0 0 5553 0 241913 0 0 0 DAVID RODRIGUEZ SR. DIRECTOR OF AQUATICS 209650 0 0 0 2275 0 14822 0 5454 0 232201 0 0 0 DEAN L SOMER CHIEF FINANCIAL OFFICER 184124 0 0 0 0 0 13070 0 6571 0 203765 0 0 0 MARCUS FARNY CHIEF OPERATING OFFICER 52171 0 0 0 86643 0 0 0 14978 0 153792 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 60642 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 -110,862. EXTINGUISHMENT OF DEBT IN THE AUDITED FINANCIALS BUT NOT INCL IN THE RETURN 0.