2023-04-19T13:36:49-05:00 2022-09-30 873231666 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2021-10-01 135563411 THE WEBSTER APARTMENTS WEBS 2129679000 PO BOX 120 CONGERS NY 10920 SIOBHAN MCMANUS EXECUTIVE DIRECTOR 2129679000 2023-04-19 1 SIOBHAN MCMANUS XXX-XX-XXXX GARRETT M HIGGINS P00543209 2122862600 2023-04-05 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X SIOBHAN MCMANUS PO BOX 120 CONGERS NY 10920 6597494 0 X WWW.WEBSTERAPARTMENTS.ORG X 1916 NY TO PROVIDE SAFE, AFFORDABLE SHORT-TERM ACCOMMODATIONS FOR WOMEN WORKING, TRAINING AND/OR STUDYING IN NEW YORK CITY. 9 9 58 9 0 0 1253905 847365 2523085 5712230 4924 27381 223 1421 3782137 6588397 0 0 0 0 2278351 2613815 0 0 0 2417447 3173694 4695798 5787509 -913661 800888 14258695 14551827 1838786 1164428 12419909 13387399 TO PROVIDE SAFE, AFFORDABLE SHORT-TERM ACCOMMODATIONS SPECIFICALLY FOR WOMEN WORKING, TRAINING, AND/OR STUDYING IN NEW YORK CITY. THE WEBSTER PROMOTES A HEALTHY WELCOMING ENVIRONMENT, PROVIDING NUTRITIOUS MEALS, COMFORTABLE SURROUNDINGS, AND THE OPPORTUNITY TO CONNECT WITH OTHERS. 0 0 4211459 0 5713651 THE WEBSTER APARTMENTS OFFERS SAFE AND AFFORDABLE ACCOMMODATIONS SPECIFICALLY FOR WOMEN WHO ARE WORKING, STUDYING, INTERNING, OR TRAINING IN NEW YORK CITY. ONLY WOMEN WHO ARE WORKING FULL-TIME, ENROLLED IN AN UNDERGRADUATE OR GRADUATE PROGRAM AT A COLLEGE OR UNIVERSITY, TRADE, TECHNICAL OR OTHER SCHOOL PROGRAM; OR ARE WORKING FOR AN INTERNSHIP, TRAINEESHIP, FELLOWSHIP, OR CLERKSHIP ARE ELIGIBLE TENANTS OF THE APARTMENTS. DURING FISCAL YEAR 2022 THE ORGANIZATION ENTERED INTO A CONTRACT TO SELL THE CURRENT 13-STORY APARTMENT BUILDING, AND ENTERED INTO NEGOTIATIONS TO LEASE A 48-ROOM PREMESIS IN MANHATTAN FOR USE AND OCCUPANCY BY PARTICIPANTS IN ITS PROGRAMS STARTING IN MARCH 2023. 4211459 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 35 0 58 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X CAROLINE DORSEY 2129679000 PO BOX 120 CONGERS NY 10920 ROY J BERNSTEIN PRESIDENT 3.00 X X 0 0 0 STEVEN GYORY VICE PRESIDENT 1.00 X X 0 0 0 ANNETTE CLEARWATERS TREASURER 1.00 X X 0 0 0 ANDREW S BLATT SECRETARY 1.00 X X 0 0 0 GEORGE CURTIS DIRECTOR 1.00 X 0 0 0 ELIZABETH H GAMBEE DIRECTOR 1.00 X 0 0 0 DANIELLE LESSER DIRECTOR 1.00 X 0 0 0 KATHRYN R STOKES DIRECTOR 1.00 X 0 0 0 KATHLEEN WOODRUFF DIRECTOR 1.00 X 0 0 0 SIOBHAN MCMANUS EXECUTIVE DIRECTOR 40.00 X 235137 0 29257 ROBERT N METCALFE DIRECTOR OF SECURITY & HR 40.00 X 143716 0 15248 JOHN A RICH FACILITIES MANAGER 40.00 X 110878 0 21233 TARA SCOTT DIRECTOR GUEST SERVICES 40.00 X 105443 0 18274 595174 0 84012 4 0 1 0 ARAMARK SERVICES INC 600 E LUZERNE ST PHILADELPHIA PA 19124 FOOD SERVICES 203988 DOYLE SECURITY SERVICES INC 371 MERRICK RD SUITE 301 ROCKVILLE CENTRE NY 11570 SECURITY SERVICES 178812 2 846865 500 847365 ROOM AND BOARD 721310 5583765 5583765 OTHER TENANT INCOME 721000 121320 121320 EXTRA MEALS 721000 7145 7145 5712230 27381 27381 10518 9097 1421 1421 6588397 5713651 0 27381 X 292478 292478 1632371 1320359 312012 222876 150304 72572 233724 180193 53531 232366 178217 54149 101668 101668 72694 72694 44948 44948 619474 487541 131933 63518 63518 292101 252082 40019 155243 79790 75453 627540 425732 201808 8744 6568 2176 4977 4977 125138 62060 63078 56247 8907 47340 FOOD & RELATED EXPENSES 584290 584290 REPAIRS & MAINTENANCE 229722 229722 CLEANING & LAUNDRY 153990 153990 HOUSEKEEPING REPLACEMEN 13619 13619 19781 14567 5214 5787509 4211459 1576050 0 941929 976734 4324136 5054875 81581 31757 13386 20982 82005 79952 8956231 584693 8205637 8371538 52562 11174 557459 4815 14258695 14551827 371906 574900 282651 316377 1184229 273151 1838786 1164428 X 12419909 13387399 12419909 13387399 14258695 14551827 X 800888 166602 X X 0 1 X 1 0 X 500 750 10750 1253905 847365 2113270 7253331 7605441 4966496 2525826 5722753 28073847 7253831 7606191 4977246 3779731 6570118 30187117 8750 2550 11300 0 8750 2550 11300 30175817 324253 296810 128492 4924 27381 781860 324253 296810 128492 4924 27381 781860 35885 35885 7578084 7903001 5141623 3784655 6597499 31004862 0.97330 0.96600 0.02520 0.03250 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: REIMB OF PROPERTY DAMAGE - 2019 AMOUNT: $ 25,000. OTHER INCOME - 2019 AMOUNT: $ 10,885. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34000 34000 8176558 8176558 745673 584693 160980 8371538 ACCRUED PENSION COST 273151 273151 X 6764096 175699 175699 6588397 0 6588397 5796606 9097 9097 5787509 0 5787509 PART X, LINE 2: THE CORPORATION RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IN ITS FINANCIAL STATEMENTS ONLY IF IT IS MORE-LIKELY-THAN-NOT (I.E., A LIKELIHOOD OF MORE THAN 50%) THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT BELIEVES THE CORPORATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2022. THE CORPORATION'S TAX RETURNS FOR ALL YEARS SINCE FISCAL 2019 REMAIN OPEN TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES. THERE ARE CURRENTLY NO TAX EXAMINATIONS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B 9,097. PENSION INCOME, NET 166,602. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B 9,097. X X X 0 0 0 0 0 0 0 1 0 SIOBHAN MCMANUS EXECUTIVE DIRECTOR 209589 0 24000 0 1548 0 25228 0 4029 0 264394 0 0 0 ROBERT N METCALFE DIRECTOR OF SECURITY & HR 129974 0 12000 0 1742 0 13630 0 1618 0 158964 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID BONUS COMPENSATION TO INDIVIDUALS REPORTED IN PART VII AND SCHEDULE J, PART II. THIS COMPENSATION IS INCLUDED IN THEIR REPORTABLE COMPENSATION AND WAS APPROVED BY THE COMPENSATION COMMITTEE AND THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY A PROFESSIONAL ACCOUNTING FIRM. THE 990 IS FIRST REVIEWED BY THE ORGANIZATION'S FINANCIAL CONSULANT AND SUBSEQUENTLY REVIEWED BY THE EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE. IT IS THEN DISTRIBUTED VIA EMAIL TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ALL BOARD MEMBERS, OFFICERS AND EMPLOYEES. ALL APPLICABLE INDIVIDUALS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST AGREEMENT ANNUALLY, DISCLOSING ANY POSSIBLE CONFLICT OF INTEREST AND ARE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS. AFTER DISCLOSURE, THE INTERESTED PERSON LEAVES THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OF DIRECTORS DECIDE IF A CONFLICT EXISTS. THE INTERESTED PERSON IS NOT ELIGIBLE TO VOTE ON MATTERS DIRECTLY PERTAINING TO THE BUSINESS TO BE TRANSACTED. DISCUSSIONS PERTAINING TO CONFLICT OF INTERESTS ARE DOCUMENTED IN THE MINUTES OF THE BOARD OF DIRECTORS MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF DIRECTORS, RECOMMENDS COMPENSATION INCREASES FOR THE EXECUTIVE DIRECTOR. THESE RECOMMENDATIONS ARE SUBMITTED TO THE BOARD FOR APPROVAL EACH YEAR AND ARE DOCUMENTED IN THE MEETING MINUTES. THE COMPENSATION COMMITTEE USES COMPARABLE DATA, INCLUDING FORM 990S OF OTHER ORGANIZATIONS, TO DETERMINE THE APPROPRIATE LEVEL OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE FORM 990 IS AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATION'S OFFICE OR BY CALLING THE ORGANIZATION DIRECTLY AT (212) 967-9000. FORM 990, PART IX, LINE 11G SECURITY SERVICES: PROGRAM SERVICE EXPENSES 202,061. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 202,061. OTHER PROFESSIONAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 76,963. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,963. PENSION, PAYROLL, AND BENEFITS SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 13,800. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,800. ACTUARIAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 41,170. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,170. FOOD SERVICE CONTRACTED LABOR: PROGRAM SERVICE EXPENSES 285,480. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 285,480. FORM 990, PART XI, LINE 9: ACCRUED PENSION COSTS 166,602. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.