2022-11-15T14:18:05-06:00 2021-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 50 ROCKEFELLER PLAZA NEW YORK NY 10020 990 2021-01-01 061671668 ISLANDERS CHILDREN'S FOUNDATION INC C/O NEW YORK ISLANDERS HOCKEY CLUB ISLA 5169352213 15 VERBENA AVENUE FLORAL PARK NY 11001 FRANK ROMANO CONTROLLER 5169352213 2022-11-15 1 FRANK ROMANO 999009999 AMYN GILLANI P01522152 2126971000 2022-11-15 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z ARTHUR J MCCARTHY 15 VERBENA AVENUE FLORAL PARK NY 11001 1614036 0 X N/A X 2002 NY THE ISLANDERS CHILDREN'S FOUNDATION IS DEDICATED TO SUPPORTING THE YOUTH OF THE LOCAL COMMUNITY BY PROVIDING OPPORTUNITIES TO CHILDREN. NOT ONLY DOES THE ICF DO THIS BY WORKING WITH LOCAL NON-PROFIT ORGANIZATIONS BUT ALSO CREATED A VARIETY OF IN-HOUSE PROGRAMS. THE FOUNDATION'S MAIN AREAS OF FOCUS ARE HEALTH, EDUCATION AND YOUTH HOCKEY DEVELOPMENT. DONATIONS ARE RAISED FOR THE FOUNDATION THROUGH THE TIRELESS EFFORTS OF ISLANDERS PLAYERS, MANAGEMENT AND EMPLOYEES, ALONG WITH THE SUPPORT OF LOYAL SPONSORS AND FANS. 4 4 0 615 0 0 614329 1114999 0 0 0 0 96021 72956 710350 1187955 220288 137974 0 0 53209 43277 0 0 0 659718 181458 933215 362709 -222865 825246 255043 717919 517755 155385 -262712 562534 X THE ISLANDERS CHILDREN'S FOUNDATION (ICF) IS DEDICATED TO SUPPORTING THE YOUTH OF THE LOCAL COMMUNITY BY PROVIDING OPPORTUNITIES TO CHILDREN. NOT ONLY DOES THE ICF DO THIS BY WORKING WITH LOCAL NON-PROFIT ORGANIZATIONS BUT ALSO CREATED A VARIETY OF IN-HOUSE PROGRAMS. THE ICF'S MAIN AREAS OF FOCUS ARE HEALTH, EDUCATION AND YOUTH HOCKEY DEVELOPMENT. DONATIONS ARE RAISED FOR THE FOUNDATION THROUGH THE TIRELESS EFFORTS OF ISLANDERS PLAYERS, MANAGEMENT AND EMPLOYEES, ALONG WITH THE SUPPORT OF LOYAL SPONSORS AND FANS. THE ICF RAISES AWARENESS AND FUNDS THROUGH A VARIETY OF EVENTS AND INITIATIVES OVER THE COURSE OF THE YEAR. THE ICF BELIEVES IN SUPPORTING OUR YOUTH TO HELP ENSURE A SUCCESSFUL FUTURE. CHILDREN NEED THE RIGHT OPPORTUNITY TO HELP THEM BECOME FELLOW ROLE MODELS IN THEIR COMMUNITIES AND THE ICF HELPS IN THAT PROCESS. 0 0 310340 137974 0 YOUTH HOCKEY - THE ORGANIZATION SUPPORTS OPPORTUNITIES FOR CHILDREN TO PARTICIPATE IN THE SPORT OF HOCKEY. THE ORGANIZATION'S EFFORTS FOCUS ON INSTRUCTION, SPORTSMANSHIP, AND CULTURAL EXCHANGES THROUGH INTERNATIONAL PROGRAMS. APPROXIMATELY 75,000 CHILDREN RECEIVED THE SPORTS AND RECREATIONAL OPPORTUNITIES GRANT THIS YEAR. 17273 0 SPORTS, RECREATIONAL, AND MUSIC OPPORTUNITIES FOR CHILDREN - THE ISLANDERS CHILDREN'S FOUNDATION SUPPORTS MANY SPORTS, MUSICAL, AND RECREATIONAL PROGRAMS BENEFITTING CHILDREN. THE ACTIVITIES CONSIST OF DIRECT FINANCIAL SUPPORT TO OTHER RECOGNIZED CHARITIES THAT FOCUS ON CHILDREN. THE ORGANIZATION ALSO DIRECTLY PROVIDES SPORTS AND RECREATIONAL OPPORTUNITIES AND EQUIPMENT TO UNDERPRIVILEGED CHILDREN IN THE COMMUNITY. 327613 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 NY X X ARTHUR J MCCARTHY 5169352213 15 VERBENA AVENUE FLORAL PARK NY 11001 X KIMBERLY DEY DIRECTOR / PRESIDENT 1.00 X X 0 0 0 CHRIS DEY DIRECTOR / VICE PRESIDENT 1.00 X X 0 0 0 ARTHUR J MCCARTHY DIRECTOR / TREASURER 1.00 X X 0 0 0 ROY E REICHBACH DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 476442 638557 1114999 0 476442 165782 -165782 -165782 499037 260299 238738 238738 1187955 0 0 72956 137974 137974 41657 41657 1620 1620 35096 35096 20783 20783 15644 15644 11942 11942 OTHER PROGRAM EXPENSES 48792 48792 EQUIPMENT AND SUPPLIES 26736 26736 GAME TICKETS 15158 15158 APPAREL AND MERCHANDISE 5757 5757 1550 1550 362709 327613 35096 0 50282 605927 189410 91106 15351 20886 255043 717919 117039 130899 24486 400716 0 517755 155385 X -262712 562534 -262712 562534 255043 717919 825246 0 X X 0 1 X 1 0 X 806483 778007 711038 614329 1114999 4024856 381583 241317 618142 217612 238738 1697392 1188066 1019324 1329180 831941 1353737 5722248 0 0 0 5722248 1188066 1019324 1329180 831941 1353737 5722248 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1421622 233667 233667 1187955 0 1187955 596376 233667 233667 362709 0 362709 PART X, LINE 2: THE FOUNDATION IS QUALIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM NEW YORK STATE INCOME TAXES. THE FOUNDATION RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES. UNDER THAT GUIDANCE, THE FOUNDATION ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 233,667. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 233,667. EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES YOUTH HOCKEY 103472 0 0 0 0 0 0 103472 0 103472 0 0 0 0 0 0 PART III ACCOUNTING METHOD: GOLF OUTING 447572 447572 153968 JERSEY OFF BACK 27310 27310 11280 1 1560 1560 534 476442 476442 165782 165782 -165782 233667 1 1.00000 233667 233667 -233667 NY 1 0 1 0 1.00000 ARTHUR J MCCARTHY 15 VERBENA AVENUE FLORAL PARK NY 11001 0 ARTHUR J MCCARTHY RECORD KEEPING X 0 1 NORTHWELL HEALTH FOUNDATION 2000 MARCUS AVE NEW HYDE PARK NY 11042 112965575 501(C)(3) 50000 0 GENERAL SUPPORT LONG ISLANDS CHILDREN MUSEUM 11 DAVIS AVE GARDEN CITY NY 11530 113035221 501(C)(3) 25000 0 GENERAL SUPPORT STEW LEONARDS FARMINGDALE LLC 261 AIRPORT PLAZA FARMINGDALE NY 11735 12500 0 GENERAL SUPPORT ISLAND HARVEST LTD 126 SPAGNOLI RD MELVILLE NY 11747 113136350 501(C)(3) 8101 0 GENERAL SUPPORT STARLIGHT CHILDRENS FOUNDATION 400 CORPORATE POINTER 590 CULVER CITY CA 90230 953802159 501(C)(3) 7878 0 GENERAL SUPPORT AMERICAN CANCER SOCIETY INC 3380 CHASTAIN MEADOWS PKWY SUITE 200 KEENESAW GA 30144 131788491 501(C)(3) 7245 0 GENERAL SUPPORT SPECIAL OLYMPICS OF NY INC 94 NEW KARNER RD SUITE 208 ALBANY NY 12203 520889518 501(C)(3) 5918 0 GENERAL SUPPORT UBS ARENA FOUNDATION 15 VERBENA AVE FLORAL PARK NY 11001 873101570 501(C)(3) 5907 0 GENERAL SUPPORT JOHN THEISSEN CHILDREN FOUNDATION 1881 WANTAGH AVE WANTAGH NY 11793 113361248 501(C)(3) 5265 0 GENERAL SUPPORT 9 1 PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF THE GRANT FUNDS. FORM 990, PART VI, SECTION A, LINE 2 KIMBERLY DEY AND CHRIS DEY HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY ONE OR MORE OF THE DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE DIRECTORS MEET PERIODICALLY TO REVIEW THE POLICY AND DISCUSS ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PAGE 12, PART XII, QUESTION 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.