2023-02-09T14:03:23-06:00 2022-03-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2021-04-01 132949483 NEW YORK ROAD RUNNERS INC C/O FINANCE DEPARTMENT NEWY 6467589739 156 WEST 56TH STREET NEW YORK NY 100193800 JEANMARIE COONEY SENIOR VP OF FINANCE 6467589656 2023-02-15 1 JEANMARIE COONEY XXX-XX-XXXX GARRETT M HIGGINS P00543209 2122862600 2023-02-09 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z JEANMARIE COONEY 156 WEST 56TH STREET NEW YORK NY 100193800 94844552 0 X WWW.NYRR.ORG X 1979 NY NYRR'S MISSION IS TO HELP & INSPIRE PEOPLE THROUGH RUNNING VIA EVENTS, PROGRAMS & RESOURCES. 30 29 720 9746 151140 0 15266368 49504135 7551146 29639180 3352803 3446794 32159373 2451496 58329690 85041605 1476665 779023 0 0 24053866 21600121 0 0 988484 21797568 50913481 47328099 73292625 11001591 11748980 110639204 136231172 38740269 53741215 71898935 82489957 X NYRR'S MISSION IS TO HELP AND INSPIRE PEOPLE THROUGH RUNNING WITH YEAR-ROUND EVENTS, YOUTH AND COMMUNITY PROGRAMS, VIRTUAL OFFERINGS, AND ASSOCIATED RESOURCES FOR PERSONS OF ALL AGES AND ABILITIES. 0 0 35570060 0 18406840 TCS NYC MARATHON:IN FISCAL YEAR 2022, NYRR HELD THE 50TH RUNNING OF THE NEW YORK CITY MARATHON, WHICH WAS AT A LOWER THEN NORMAL CAPACITY (ABOUT 50%) DUE TO THE ONGOING RESTRICTIONS ISSUED BY STATE AND LOCAL GOVERNMENTS REGARDING LARGE PUBLIC GATHERINGS. THE EVENT INCLUDED RESOLUTION RUNNERS (PEOPLE WHO OPTED TO RECEIVE COMPLIMENTARY GUARANTEED ENTRANCE INTO THE 2021 EVENT FROM THE 2020 CANCELLATION PROCESS). THE MARATHON WAS HELD ON NOVEMBER 7, 2021 WITH OVER 25,000 RUNNERS FROM OVER 90 COUNTRIES, ALL 50 STATES, INCLUDING D.C. AND PUERTO RICO, FINISHING THE RACE. 18951048 15000 10516776 OTHER COMMUNITY EVENT:IN FISCAL YEAR 2022, 133,000 RUNNERS PARTICIPATED IN APPROXIMATELY 29 IN-PERSON NYRR EVENTS, INCLUDING A WIDE VARIETY OF RACES OF VARYING DISTANCES THROUGHOUT THE FIVE BOROUGHS OF NEW YORK CITY. EVENTS INCLUDED 2 OF THE FIVE BOROUGH SERIES (BRONX 10M AND NYC HALF) AS THE OTHER 3 RACES WERE CANCELED DUE TO THE ONGOING IMPACT OF THE PANDEMIC (BROOKLYN HALF, QUEENS 10MILER, STATEN ISLAND HALF), AND 27 WEEKLY AND NYRR HERITAGE RACES. AN ADDITIONAL 110,000 PEOPLE PARTICIPATED IN VIRTUAL RACES ONLINE FROM ALL AROUND THE WORLD. 8216765 764023 178900 YOUTH AND COMMUNITY PROGRAM SERVICES:NYRR PROVIDES YOUTH AND COMMUNITY PROGRAMS THAT DEVELOP EVERY GENERATION OF RUNNER, HELPING CREATE A HEALTHY AND MORE ACTIVE NEW YORK CITY AND BEYOND. OUR PROGRAMS PROVIDE RESOURCES AND OPPORTUNITIES TO ENGAGE RUNNERS OF ALL AGES AND ABILITIES. RISING NEW YORK ROAD RUNNERS SUPPORTS SCHOOLS WITH CURRICULUM, ACTIVITIES, AND RESOURCES TO PROMOTE PHYSICAL LITERACY AND BUILD THE FRAMEWORK FOR YOUTH MOVEMENT. OUR OTHER YOUTH PROGRAMS INCLUDE A YOUTH WHEELCHAIR RACE TRAINING PROGRAM; RUN FOR THE FUTURE, WHICH PROVIDES RUNNING, HEALTH, AND FITNESS TRAINING TO HIGH SCHOOL GIRLS, AND OUR YOUTH AMBASSADOR PROGRAM WHICH HELPS YOUNG PEOPLE BUILD PUBLIC SPEAKING SKILLS THROUGH SPEAKING OPPORTUNITIES AT NYRR EVENTS. 891286 0 536664 OTHER PROGRAM SERVICES INCLUDE PUBLICATIONS, CLASSES AND MERCHANDISING. 891286 0 536664 63629159 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 145 0 720 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 30 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 AL AR CA FL GA HI IL KS KY MA MD MI MN MS NH NC ND NJ NY NM OK OR PA RI SC TN UT VA WV WI X X X JEANMARIE COONEY 6467589739 156 WEST 56TH STREET NEW YORK NY 100193800 X GEORGE HIRSCH CHAIRMAN/BOARD MEMBER 1.00 X X 0 0 0 MICHAEL FRANKFURT SECRETARY/BOARD MEMBER 1.00 X X 0 0 0 DAVID WEIL TREASURER/BOARD MEMBER 1.00 X X 0 0 0 PRISCILLA ALMODOVAR BOARD MEMBER 1.00 X 0 0 0 DEAN BELL BOARD MEMBER 1.00 X 0 0 0 MARK BILSKY BOARD MEMBER 1.00 X 0 0 0 RICHARD BYRNE BOARD MEMBER 1.00 X 0 0 0 STACY CREAMER BOARD MEMBER 1.00 X 0 0 0 RAUL DAMAS BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER FOSTER BOARD MEMBER 1.00 X 0 0 0 JASON GOREVIC BOARD MEMBER 1.00 X 0 0 0 MICHAEL GROSS BOARD MEMBER 1.00 X 0 0 0 JED LASKOWITZ BOARD MEMBER 1.00 X 0 0 0 CATHY LASRY BOARD MEMBER 1.00 X 0 0 0 MARK LEVENFUS BOARD MEMBER 1.00 X 0 0 0 ADRIENNE LOTSON BOARD MEMBER 1.00 X 0 0 0 NNENNA LYNCH BOARD MEMBER 1.00 X 0 0 0 NNAMDI OKIKE BOARD MEMBER 1.00 X 0 0 0 STEVE PAMON BOARD MEMBER 1.00 X 0 0 0 JOHN ROBERTS BOARD MEMBER 1.00 X 0 0 0 AMBER SABATHIA BOARD MEMBER 1.00 X 0 0 0 CIDRA SEBASTIEN BOARD MEMBER 1.00 X 0 0 0 DANIELLE SERED BOARD MEMBER 1.00 X 0 0 0 MITCHELL SILVER BOARD MEMBER, AS OF JULY 1, 2021 1.00 X 0 0 0 EU-GENE SUNG BOARD MEMBER 1.00 X 0 0 0 JUDY TURCHIN BOARD MEMBER 1.00 X 0 0 0 JURA URO BOARD MEMBER 1.00 X 0 0 0 JULIE WOOD BOARD MEMBER 1.00 X 0 0 0 ALICE VILMA BOARD MEMBER 1.00 X 0 0 0 KERIN HEMPEL CEO/BOARD MEMBER 40.00 X X 544046 0 0 JEANMARIE COONEY SVP OF FINANCE/ASST. TREASURER 40.00 X 281516 0 17755 JAE LEE VP GENERAL COUNSEL & ASST SECRETARY 40.00 X 237938 0 41790 TED METELLUS VP EDP RACE DIR. OF TCS NYC MARATHON 40.00 X 231687 0 19481 CHRISTINE BURKE SVP STRATEGIC PARTNERSHIPS & RUNNER PROD. 40.00 X 243729 0 33112 ERICA EDWARDS-O'NEAL SVP CULTURE, DIVERSITY, EQUITY & INC. 40.00 X 256582 0 26836 JEFFERY CARNEVALE SVP, IT & INFORMATION OFFICER 40.00 X 246603 0 25506 BRUNO CHARLES GARCIA VP, MARKETING & COMMUNICATIONS 40.00 X 227427 0 9503 MICHAEL CAPIRASO FORMER CEO/BOARD MEMBER 0.00 X 198000 0 17100 JAMES HEIM FORMER SVP EVENTS RACE DIR. OF MAR. THRU MAR 2021 0.00 X 256029 0 23915 2723557 0 214998 52 1 1 0 45 LIVE INC 2045 S BARRINGTON AVE SUITE A LOS ANGELES CA 90025 PRODUCTION OF NYC MARATHON BROADCAST 1875000 STRAN PROMOTIONAL SOLUTIONS 2 HERITAGE DRIVE 600 QUINCY MA 02171 YOUTH INCENTIVES AND RACE PRODUCTS 1118384 PROSKAUER ROSE LLP 11 TIMES SQUARE NEW YORK NY 10036 LEGAL COUNSEL 868930 ICREON HOLDINGS INC 597 FIFTH AVENUE 12TH FLOOR NEW YORK NY 10017 CONSULTING AND TECH DEVELOPMENT 864169 NYC DEPARTMENT OF FINANCE 253 BROADWAY 6TH FLOOR NEW YORK NY 10007 NYPD TRAFFIC FEES 851869 53 1672748 531080 8680957 38619350 4277723 49504135 EVENT ENTRY REVENUE 900099 25269508 25269508 MARATHON AUXILIARY REVENUE 900099 3842809 3842809 CLASSES REVENUE 900099 489440 489440 37423 37423 29639180 1842928 1842928 1760041 1760041 570000 25419 544581 544581 544581 11308596 400 9705130 0 1603466 400 1603866 1603866 68132 531080 72398 -4266 -4266 SPONSORSHIP INCOME 900099 145942 145942 ADVERTISING INCOME 541800 5198 5198 151140 85041605 29639180 151140 5747150 X 648683 648683 130340 130340 1235493 319474 916019 17047451 13149247 3315730 582474 637637 481735 124020 31882 1233996 987197 185099 61700 1445544 1156435 216832 72277 116072 46429 69643 254658 38199 216459 226700 45340 181360 250854 250854 533464 326887 178872 27705 786773 764671 3170 18932 653775 216338 419145 18292 3921648 2951876 960318 9454 4554793 3816484 667994 70315 66837 57371 8324 1142 4512 4398 114 3221766 2596119 600026 25621 2189559 1936177 229250 24132 NYC MARATHON 21881271 21868106 13165 WEEKLY EVENTS 10938554 10930041 8513 YOUTH & COMMUNITY SERV. 1020123 1020123 STAFF EXPENSE (TRAINING 292122 137489 131753 22880 73292625 63629159 8674982 988484 668924 3151920 8427472 20319139 949389 4696905 4593343 12230733 814669 2356212 27155537 16130341 14031813 11025196 74466214 75285110 6484044 6960411 203336 205546 110639204 136231172 15706470 17338983 18333799 36402232 4700000 0 38740269 53741215 X 71857871 77859976 41064 4629981 71898935 82489957 110639204 136231172 11748980 -1157958 0 X X 0 1 X 1 0 X 44405173 45648672 48864383 15266368 49504135 203688731 44405173 45648672 48864383 15266368 49504135 203688731 86104669 117584062 5784260 6184742 6240335 1455608 4172969 23837914 500000 1619858 32118509 34238367 261765012 177503347 0.44920 0.44070 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REVERSAL OF RACE COUPON LIABILITY - 2017 AMOUNT: $ 500,000. 2019 AMOUNT: $ 119,858. INSURANCE PROCEEDS - RACE CANCELLATION - 2019 AMOUNT: $ 1,500,000. 2020 AMOUNT: $ 32,118,509. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12098552 3345106 8753446 14124661 12039941 2084720 932324 745294 187030 11025196 ALTERNATIVE INVESTMENTS 6960411 F 6960411 X 82935939 -1157958 602857 97817 -457284 83393223 250854 1397528 1648382 85041605 72344917 602857 97817 700674 71644243 250854 1397528 1648382 73292625 PART X, LINE 2: MANAGEMENT RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT NYRR HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. NYRR IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE JURISDICTIONS FOR PERIODS PRIOR TO MARCH 31, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B: 25,419. SPECIAL EVENTS DIRECT EXPENSES REPORTED ON PART VIII, LINE 8C: 72,398. PART XI, LINE 4B - OTHER ADJUSTMENTS: MEMBERSHIP DUE EXPENSES NETTED AGAINST REVENUE: 135,421. CREDIT CARD PROCESSING FEE NETTED AGAINST REVENUE: 800,693. SPONSORSHIP COMMISSIONS NETTED AGAINST REVENUE: 461,414. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B: 25,419. SPECIAL EVENTS DIRECT EXPENSES REPORTED ON PART VIII, LINE 8C: 72,398. PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBERSHIP DUE EXPENSES NETTED AGAINST REVENUE: 135,421. CREDIT CARD PROCESSING FEE NETTED AGAINST REVENUE: 800,693. SPONSORSHIP COMMISSIONS NETTED AGAINST REVENUE: 461,414. PART VI, LAND, BUILDINGS, AND EQUIPMENT: PART VI, LINE 1D INCLUDES FURNITURE, FIXTURES, HARDWARE AND SOFTWARE. PART VI, LINE 1E INCLUDES WORK IN PROGRESS AND AUTOMOBILES. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 4685383 0 0 0 0 0 0 4685383 0 4685383 1 0 1 0 0 0 PART I, LINE 3: THE ACTIVITIES REPORTED IN PART I, LINE 3 ARE ACCOUNTED FOR USING THE ACCRUAL METHOD OF ACCOUNTING IN CONFORMITY WITH AUDITED FINANCIAL STATEMENTS. PART III ACCOUNTING METHOD: PART IV, FOREIGN FORMS, LINE 1: THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 926 BECAUSE IT DOES NOT MEET THE APPLICABLE THRESHOLD. PART IV, FOREIGN FORMS, LINE 3: THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 BECAUSE IT DOES NOT MEET THE APPLICABLE THRESHOLD OWNERSHIP OR OTHER FILING REQUIREMENTS. NIGHT OF CHAMPIONS 442962 438302 4660 3600 5326 NYRR FROSTY 5K 156250 92778 63472 6327 57145 599212 531080 68132 9927 62471 72398 -4266 1 ARMORY FOUNDATION 216 FORT WASHINGTON AVE NEW YORK NY 10032 133680286 501(C)(3) 525683 0 GRANTS AWARDED TO THE ARMORY FOUNDATION TO SPONSOR A VARIETY OF EDUCATIONAL & RECREATIONAL SPORTS AND FITNESS PROGRAMS FOR PERSONS OF ALL AGES AND BACKGROUNDS. NYRR IS PERIODICALLY INVOLVED IN VARIOUS EVENTS AND THE PROGRAMS TO HELP INSPIRE PEOPLE, OF ALL AGES AND ABILITIES, TO MAINTAIN A FIT AND HEALTHY LIFESTYLE THROUGH RUNNING. CENTRAL PARK CONSERVANCY 14 EAST 60TH STREET NEW YORK NY 10022 133022855 501(C)(3) 100000 0 GRANT AWARDED TO THE CENTRAL PARK CONSERVANCY TO BECOME A FOUNDING MEMBER OF THE CENTRAL PARK CONSERVANCY BUSINESS LEADERSHIP COUNCIL. THIS MEMBERSHIP STRENGTHENS THE PARTNERSHIP BETWEEN THE TWO ORGANIZATIONS FOR THE BENEFIT OF THE ENTIRE NEW YORK CITY COMMUNITY. NYRR HOSTS MANY EVENTS THROUGHOUT THE YEAR IN CENTRAL PARK TO FURTHER ITS MISSION TO HELP INSPIRE PEOPLE, OF ALL AGES AND ABILITIES, TO MAINTAIN A FIT AND HEALTHY LIFESTYLE THROUGH RUNNING. HARLEM RUN LLC 7014 13TH AVENUE SUITE 202 BROOKLYN NY 11228 821515297 10000 0 GRANT AWARDED TO THE HARLEM RUN, LLC TO SPONSOR THE "HARLEM RUN HOUSE" POP-UP EVENT IN NOVEMBER 2021 THAT PROVIDED A RUNNING GROUP TO RESIDENTS IN HARLEM, NEW YORK. THIS SPONSORSHIP SUPPORTED HARLEM RUNS AND THE SIX-DAY SUMMIT OF CELEBRATION AND ACTIVITIES WITH A FOCUS ON NYRR'S MISSION TO HELP AND INSPIRE PEOPLE OF ALL AGES AND ABILITIES TO MAINTAIN A FIT AND HEALTHY LIFESTYLE THROUGH RUNNING. 2 1 SCHOLARSHIPS 144 130340 PART I, LINE 2: SCHOLARSHIPS: A TOTAL OF $33,351 GRANTED TO 33 PARTICIPANTS IN FISCAL YEAR 2022 INCLUDED: $17,363 IN TUITION GRANTS ISSUED TO 10 PARTICIPANTS, $7,893 FOR RELATED SCHOOL EXPENSES FOR 7 PARTICIPANTS, AND $8,095 IN WELLNESS GRANTS ISSUED TO 16 PARTICIPANTS IN THE RUN FOR THE FUTURE PROGRAM. RUN FOR THE FUTURE PARTICIPANTS BECAME ELIGIBLE FOR THIS SCHOLARSHIP UPON SUCCESSFUL COMPLETION OF PROGRAM REQUIREMENTS (80%+ ATTENDANCE AT PRACTICES, A 5K RACE FINISH, PARTICIPATION IN SPECIFIC NYRR EVENTS THROUGHOUT THE YEAR, AND PROOF OF ENROLLMENT FROM THEIR COLLEGE OF CHOICE). RECIPIENTS WERE NOT REQUIRED TO REPORT THEIR USE OF THE GRANT, SINCE PAYMENT WAS ISSUED DIRECTLY TO THE INSTITUTION AND RELATED SCHOOL EXPENSES WERE PURCHASED DIRECTLY AND/OR REQUIRED RECEIPTS FOR REIMBURSEMENT. WELLNESS GRANTS WERE ISSUED DIRECTLY TO PARTICIPANTS FOR THEIR HEALTH AND WELLNESS EXPENSES. TWENTY-NINE MIDDLE SCHOOLERS WERE AWARDED ENROLLMENT IN THE RUNNING WORKS CAMP, OPERATED IN CAMP CANADENSIS, PA IN AUGUST 2021. A TOTAL OF $17,208 WAS PAID TO RUNNINGWORKS, INC. TO COVER THE PARTICIPANTS' TUITION AND TRAVEL EXPENSES FOR THE CAMP. PARTICIPANTS HAD ACCESS TO SMALL GROUP INSTRUCTION, OLYMPIANS ON STAFF, SCIENCE BASED TRAINING FOR EVERY LEVEL, STRENGTH AND FLEXIBILITY TRAINING, NUTRITION, GOAL SETTING, MENTAL PREPARATION, TACTICS, TEAM BUILDING, FUN CAMP ACTIVITIES, AND MILES OF TRAILS AROUND LAKE LENAPE. EIGHTY-TWO STUDENTS WERE AWARDED ENROLLMENT IN THE RUNNING SCHOOL'S ONE-WEEK CAMP, OPERATED OUT OF CAMP CHIPINAW IN THE CATSKILLS MOUNTAINS IN NEW YORK IN AUGUST 2021. A TOTAL OF $79,781 WAS PAID TO THE RUNNING SCHOOL TO COVER THE PARTICIPANTS' TUITION AND TRAVEL EXPENSES FOR THE CAMP. THE CAMP FOCUSED ON DEVELOPMENTALLY APPROPRIATE AEROBIC, STRENGTH AND FLEXIBILITY TRAINING AND PROVIDED PARTICIPANTS WITH NUTRITION AND WELLNESS INFORMATION AND EDUCATION ON OVERALL BEST PRACTICES AS RUNNING ATHLETES. X X X X 1 0 0 0 0 0 0 1 0 KERIN HEMPEL CEO/BOARD MEMBER 469046 0 75000 0 0 0 0 0 0 0 544046 0 0 0 JEANMARIE COONEY SVP OF FINANCE/ASST. TREASURER 275270 0 5000 0 1246 0 0 0 17755 0 299271 0 0 0 ERICA EDWARDS-O'NEAL SVP CULTURE, DIVERSITY, EQUITY & INC. 250989 0 5000 0 593 0 0 0 26836 0 283418 0 0 0 JAMES HEIM FORMER SVP EVENTS RACE DIR. OF MAR. THRU MAR 2021 98410 0 0 0 157619 0 17100 0 6815 0 279944 0 0 0 JAE LEE VP GENERAL COUNSEL & ASST SECRETARY 232388 0 5000 0 550 0 10504 0 31286 0 279728 0 0 0 CHRISTINE BURKE SVP STRATEGIC PARTNERSHIPS & RUNNER PROD 238361 0 5000 0 368 0 13461 0 19651 0 276841 0 0 0 JEFFERY CARNEVALE SVP, IT & INFORMATION OFFICER 241556 0 5000 0 47 0 13461 0 12045 0 272109 0 0 0 TED METELLUS VP EDP RACE DIR. OF TCS NYC MARATHON 226338 0 5000 0 349 0 9978 0 9503 0 251168 0 0 0 BRUNO CHARLES GARCIA VP, MARKETING & COMMUNICATIONS 222207 0 5000 0 220 0 0 0 9503 0 236930 0 0 0 MICHAEL CAPIRASO FORMER CEO/BOARD MEMBER 198000 0 0 0 0 0 17100 0 0 0 215100 0 0 0 PART I, LINE 4A THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS IN 2021: - JAMES HEIM $157,500 PART I, LINE 7 CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED A DISCRETIONARY BONUS DURING CALENDAR YEAR 2021 WHICH WAS INCLUDED IN COLUMN B(II) HEREIN AND IN THEIR 2021 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. X 3220513 COST X 7 34625 AVG. SELLING PRICE X 9 777112 COST X AIRFARES 1 138313 COST X AWARDS 2 107160 COST 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. FORM 990, PART I, LINE 5 AND PART V, LINE 2A: TOTAL INDIVIDUALS EMPLOYED INCLUDE BOTH FULL-TIME AND PART-TIME EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DRAFTED BY INDEPENDENT ACCOUNTANTS BASED ON INFORMATION PROVIDED BY THE ORGANIZATION. THE DRAFT FORM 990 IS PROVIDED TO THE ORGANIZATION'S FINANCE AND LEGAL DEPARTMENTS FOR REVIEW, AND COMMENTS ARE DISCUSSED WITH THE ACCOUNTANTS AND APPROPRIATE REVISIONS ARE MADE TO THE FORM 990. A COPY OF THE FORM 990 IS PROVIDED TO THE CEO FOR REVIEW. AFTER ALL INTERNAL MANAGEMENT REVIEWS, THE FORM 990 IS PROVIDED TO MEMBERS OF THE AUDIT COMMITTEE, WHICH HAS BEEN DESIGNATED BY THE BOARD OF DIRECTORS WITH THE RESPONSIBILITY FOR REVIEWING THE COMPLETED FORM 990 PRIOR TO IT BEING MADE AVAILABLE TO THE BOARD OF DIRECTORS. AUDIT COMMITTEE MEMBERS PARTICIPATE IN A MEETING OR CONFERENCE CALL WITH REPRESENTATIVES OF THE LEGAL AND FINANCE DEPARTMENTS AND THE INDEPENDENT ACCOUNTANTS TO DISCUSS THE CONTENT OF THE FORM 990. BEFORE BEING FILED, A COPY OF THE APPROVED FORM 990 IS PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, DIRECTORS, OFFICERS AND MEMBERS OF SENIOR MANAGEMENT RECEIVE A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, SIGN A DECLARATION TO ADHERE TO THE POLICY, AND COMPLETE A QUESTIONNAIRE SEEKING DISCLOSURE OF POTENTIAL CONFLICTS. THE POLICY REQUIRES THE FILING OF AMENDED DISCLOSURE IN THE EVENT OF ANY CHANGE IN CIRCUMSTANCES. INITIAL DETERMINATIONS AS TO WHETHER CONFLICTS EXIST AND, IF SO, WHAT ACTIONS SHOULD BE TAKEN, ARE MADE BY THE GENERAL COUNSEL IN CONSULTATION WITH THE PRESIDENT/CEO, OR THE AUDIT COMMITTEE AND IF WARRANTED, REVIEWED BY THE CHAIR OR A DESIGNATED MEMBER OF THE EXECUTIVE COMMITTEE. DEPENDING ON ITS NATURE AND SERIOUSNESS, ANY POTENTIAL CONFLICT WILL BE REVIEWED BY THE BOARD AND ANY RESULTING ACTION SHOULD BE DETERMINED BY THE BOARD. IN MOST INSTANCES, THE APPROPRIATE ACTIONS IN THE FACE OF POTENTIAL OR ACTUAL CONFLICTS ARE DISCLOSURE OF THE CONFLICT AND REMOVAL OF THE INDIVIDUAL WITH THE CONFLICT FROM THE CONSIDERATION AND DECISION-MAKING PROCESSES WITH REGARD TO CERTAIN MATTERS WHERE HIS OR HER JUDGMENT WOULD OR MIGHT BE COMPROMISED BY THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 (A) COMPENSATION OF THE ORGANIZATION'S CEO IS DETERMINED BY THE HUMAN RESOURCES & COMPENSATION COMMITTEE, WHICH CONSIDERS INDIVIDUAL ACCOMPLISHMENTS, ORGANIZATIONAL PERFORMANCE AND COMPARABLE COMPENSATION DATA. THE COMMITTEE'S RECOMMENDATION IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. (B) THE COMPENSATION PERCENTAGES OF SALARY INCREASES AND BONUSES FOR SENIOR/VICE PRESIDENTS, DEPARTMENT HEADS AND DEPARTMENTAL DIRECTORS, MANAGERS AND STAFF POSITIONS ARE DETERMINED BY THE HUMAN RESOURCES & COMPENSATION COMMITTEE, BASED UPON THE RECOMMENDATIONS OF THE CEO WHO REVIEWS PERFORMANCE REPORTS AND BENCHMARKING DATA. THE RECOMMENDATIONS OF THE HUMAN RESOURCES & COMPENSATION COMMITTEE ARE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL, AND ITS DELIBERATIONS AND DECISION ARE CONTEMPORANEOUSLY DOCUMENTED AS PART OF THE MINUTES OF THE PROCEEDINGS. PERSONS WHOSE COMPENSATION ARE AT ISSUE ARE EXCUSED FROM PARTICIPATION AT MEETINGS IN WHICH SUCH COMPENSATION DECISIONS ARE DISCUSSED AND/OR DECIDED. THE BOARD MET AND APPROVED THE COMPENSATION PERCENTAGES OF SALARY INCREASES AND BONUSES FOR ALL STAFF. FORM 990, PART VI, SECTION C, LINE 19 CONSISTENT WITH ITS OBLIGATIONS UNDER STATUTORY LAW, RULES AND REGULATIONS, AS APPLICABLE, THE ORGANIZATION MAKES ITS DOCUMENTS, SUCH AS ITS APPLICATION FOR TAX EXEMPTION, ANNUAL INFORMATION RETURNS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND GOVERNING DOCUMENTS, AVAILABLE THROUGH PUBLIC FILINGS AND/OR ON WRITTEN REQUEST, EITHER BY PROVIDING COPIES OR MAKING THEM AVAILABLE FOR INSPECTION AT THE OFFICES OF THE ORGANIZATION. FORM 990, PART VII, SECTION A, LINE 10: MICHAEL CAPIRASO, FORMER CEO/BOARD MEMBER, WAS A CONSULTANT FOR NYRR FOR A PERIOD OF SIX MONTHS FROM JANUARY 1, 2021 TO JUNE 30, 2021. FORM 990, PART IX, LINE 24E, ALL OTHER FUNCTIONAL EXPENSES: INCLUDES STAFF EXPENSES (TRAINING, RECRUITMENT, AND STAFF EVENTS) FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OF THE BOARD HIRES THE AUDIT FIRM, THE REVIEW OF THE RISK ISSUES FOR THE ORGANIZATION AND THE FINAL AUDIT REVIEW AND PACKAGE THAT IS ACCEPTED BY THE BOARD. THE COMMITTEE MEETS WITH THE AUDIT FIRM INDEPENDENTLY FROM STAFF DURING THE AUDIT REVIEW PROCESS AND RECOMMENDS TO THE BOARD THE ACCEPTANCE OF THE AUDIT AND ITS FINDINGS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.