2023-05-04T06:19:48-05:00 2022-06-30 141555429 UHY ADVISORS NY INC 1185 AVENUE OF THE AMERICAS 38TH FLOOR NEW YORK NY 10036 990 2021-07-01 136533158 ASPHALT GREEN INC ASPH 6469812237 555 EAST 90TH ST NEW YORK NY 10128 DEAN SOMER CHIEF FINANCIAL OFFICER 6469812237 2023-04-27 1 DEAN SOMER 999009999 CHARLES J SOCKETT P01354431 2123814700 2023-04-27 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DEAN SOMER 555 EAST 90TH STREET NEW YORK NY 10128 26856894 0 X WWW.ASPHALTGREEN.ORG X 1975 NY SPORT AND FITNESS ORGANIZATION 25 25 395 10 0 0 2126677 2526018 13056925 22562477 667244 1723149 0 0 15850846 26811644 0 0 0 0 12853068 16053787 0 0 652665 7605942 10783987 20459010 26837774 -4608164 -26130 39826452 36441252 16122958 11688866 23703494 24752386 X ASPHALT GREEN, INC. ("ASPHALT GREEN") IS A NEW YORK CITY NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ASSISTING INDIVIDUALS OF ALL AGES AND BACKGROUNDS TO ACHIEVE HEALTH THROUGH A LIFETIME OF SPORTS AND FITNESS. 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 7165543 6467501 FACILITIES USAGE - INCLUDES USAGE OF POOL AND FITNESS CENTER. BENEFITED APPROXIMATELY 7,500 PEOPLE DURING THE YEAR. 14195513 15214550 PROGRAMS - INCLUDES AQUATICS, EXERCISE PROGRAMS, SPORTS, MARTIAL ARTS, AND CAMPS. BENEFITED APPROXIMATELY 11,250 PEOPLE DURING THE YEAR. 1399905 FREE COMMUNITY PROGRAMS & USAGE - INCLUDES USAGE OF POOL, FIELD, GYM, THEATER, SPORTS, AQUATICS AND OTHER PROGRAMS. BENEFITED APPROXIMATELY 5,000 PEOPLE DURING THE YEAR. 22760961 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 68 0 395 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 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 JON BANNER 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 JARMOSZUK DIRECTOR 2.00 X 0 0 0 SAMUEL J JEMAL DIRECTOR 2.00 X 0 0 0 EDWARD KOPELOWITZ 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 LOCKY 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 MARCUS FARNY CHIEF OPERATING OFFICER 40.00 X 215468 0 25937 DEAN L SOMER DIRECTOR OF FINANCE 40.00 X 160087 0 17410 SARAH BENNETT CHIEF MARKETING OFFICER 40.00 X 0 0 0 PEDRO RAICOVICH CHIEF ADMINISTRATIVE OFFIC 40.00 X 156230 0 25341 DAVID RODRIGUEZ DIRECTOR OF AQUATICS 40.00 X 195114 0 13911 RAMESHWAR DEOKARAN LEAD OPERATING ENGINEER 40.00 X 190546 0 23549 REGINA YOA-REESE DIRECTOR OF HUMAN RESOURCE 40.00 X 130453 0 19308 DAVID LUDWIG DIRECTOR OF COMMUNITY PROG 40.00 X 129556 0 12566 ADAM PEREZ DIRECTOR OF SOCCER 40.00 X 115441 0 18533 FRANK CAPPOLA DIRECTOR OF SECURITY 40.00 X 104037 0 7285 MARGARET SIEGEL EXECUTIVE DIRECTOR 40.00 X 348569 0 28393 1745501 0 192233 12 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 997115 75000 1453903 2526018 PROGRAMS 713940 15214550 15214550 FACILITIES USAGE 713940 6467501 6467501 FACILITIES RENTAL 532000 820643 820643 OTHER PROGRAM SERVICE REVENUE 713940 59783 59783 22562477 406050 406050 1317099 0 1317099 1317099 1317099 45250 997115 45250 0 26811644 22562477 0 1723149 12883837 10767078 1881192 235567 1102675 1058745 21965 21965 2067275 1696998 324094 46183 31050 15525 15525 653558 159549 491759 2250 657238 630948 13145 13145 278180 270117 7435 628 2400 2400 2862737 2748227 57255 57255 1054467 1008329 25049 21089 SUPPLIES 1641376 1614328 3568 23480 MAINTENANCE & GROUNDS 1333748 1072487 239013 22248 CREDIT CARD PROCESSING 551072 538074 2017 10981 BUILDING SUPPLIES 439151 421585 8783 8783 1279010 758971 330948 189091 26837774 22760961 3424148 652665 6057908 7051163 1341350 868883 326940 309348 109160 294664 295347 351567 70585676 59756632 12696326 10829044 17902797 15705689 622328 622328 474296 408566 39826452 36441252 2926935 3232603 6745276 7803876 473661 71816 5506590 56003 470496 524568 16122958 11688866 X 13990009 16634280 9713485 8118106 23703494 24752386 39826452 36441252 X -26130 -3869007 8140 4935889 X 0 1 X 1 0 X 2980845 4749864 4665753 2193472 2526018 17115952 25044254 25639973 21245012 13056925 22562477 107548641 28025099 30389837 25910765 15250397 25088495 124664593 478188 796489 431851 1251654 878547 3836729 639106 647860 5043269 6330235 478188 796489 1070957 1899514 5921816 10166964 114497629 362025 455644 452025 406161 406050 2081905 151007 5506 0 0 0 156513 513032 461150 452025 406161 406050 2238418 28538131 30850987 26362790 15656558 25494545 126903011 0.90220 0.94220 0.01760 0.01880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15525 15525 31050 25000000 25031050 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 60050 60050 39250 31050 190400 250000 250000 250000 250000 1000000 1500000 60050 60050 39250 31050 190400 7587936 -1320490 201468 6065978 5408526 2361066 181656 7587936 5139006 438936 169416 5408526 4522008 777702 160704 5139006 4222097 461269 161358 4522008 0.27434 0.72566 0 0 46699195 40913719 5785476 17294723 12974625 4320098 6591758 5868288 723470 10829044 DEFERRED RENT LIABILITY 424596 PAYCHECK PROTECTION PROGRAM LOAN, NON-CURRENT PORTION 99972 524568 X 22809591 -3869007 8140 -3860867 26670458 141186 141186 26811644 27058916 362328 362328 26696588 141186 141186 26837774 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 XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS SPECIAL EVENTS REVENUE FROM GOVERNMENT GRANTS 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 1042365 1042365 1042365 1042365 X 0 0 0 0 0 0 0 0 0 MARGARET SIEGEL EXECUTIVE DIRECTOR 346503 0 0 0 2066 0 24512 0 3881 0 376962 0 0 0 MARCUS FARNY CHIEF OPERATING OFFICER 215468 0 0 0 0 0 15225 0 10712 0 241405 0 0 0 RAMESHWAR DEOKARAN LEAD OPERATING ENGINEER 111621 0 0 0 78925 0 7603 0 15946 0 214095 0 0 0 DAVID RODRIGUEZ DIRECTOR OF AQUATICS 187396 0 0 0 7718 0 9399 0 4512 0 209025 0 0 0 PEDRO RAICOVICH CHIEF ADMINISTRATIVE OFFIC 156230 0 0 0 0 0 10500 0 14841 0 181571 0 0 0 DEAN L SOMER DIRECTOR OF FINANCE 158806 0 0 0 1281 0 11220 0 6190 0 177497 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 6 239141 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 -362,325. EXTINGUISHMENT OF DEBT IN THE AUDITED FINANCIALS BUT NOT INCL IN THE RETURN 5,298,214.