FURP.ORG / PUBLIC DATA EXPLORER

PLAYERS 16 GRAMERCY PARK SOUTH PRESERVATION FUND INC: Form 990EZ, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
PLAYERS 16 GRAMERCY PARK SOUTH PRESERVATION FUND INC (EIN 46-3924643)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-13
IRS object ID
202243179349201029
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-13T17:02:13-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133628255PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CONDON O'MEARA MCGINTY & DONNELLY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE BATTERY PARK PLAZA 7TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463924643EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PLAYERS 16 GRAMERCY PARK SOUTHBusinessNameLine1Txt
Business Name Line2PRESERVATION FUND INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPLAYBusinessNameControlTxt
Phone8886169983PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line116 GRAMERCY PARK SOUTHAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10003ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonERIC FRITSCHPersonNm
Person TitleTREASURERPersonTitleTxt
Phone8886169983PhoneNum
Signature2022-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstERICPersonFirstNm
Person LastFRITSCHPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALEXANDER LAZZARUOLOPreparerPersonNm
PTINP01775353PTIN
Phone2126617777PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressWWW.THEPLAYERSPRESERVATIONFUND.ORGWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$28,668GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$25,830ContributionsGiftsGrantsEtcAmt
Investment Income$2,838InvestmentIncomeAmt
Total Revenue$28,668TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$5,376FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$2,999OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$27PrintingPublicationsPostageAmt
Other Expenses Total$2,905OtherExpensesTotalAmt
Total Expenses$11,307TotalExpensesAmt
Excess Or Deficit For Year$17,361ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$308,873NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$326,234NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$315,873BOYAmt
EOY$333,234EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$315,873BOYAmt
EOY$333,234EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,000BOYAmt
EOY$7,000EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$308,873BOYAmt
EOY$326,234EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTHE FOUNDATION WILL RAISE FUNDS THROUGH SOLICITATION, NOT THROUGH FUNDRAISERS, TO SUPPORT RESTORATION, MAINTENANCE AND PRESERVATION OF THE HISTORIC BUILDING LOCATED AT 16 GRAMERCY PARK SOUTH, NEW YORK, NY 10003. SUCH PRESERVATION SHALL INCLUDE RESTORING AND MAINTAINING THE EXTERIOR AND THE FUNDAMENTAL INTERIOR STRUCTURAL ELEMENTS OF THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT BUILDING. NO PORTION OF THE FUNDS WILL BE USED TO FINANCE THE COMFORT OR PLEASURES OF THE MEMBERS OF THE CLUB OPERATED OUT OF THE BUILDING BY DECORATING OR REFURBISHING INTERIORS. THE FOUNDATION WILL RAISE FUNDS TO KEEP THE BUILDING STANDING AND TO KEEP OR BRING ITS EXTERIOR UP TO THE HIGH STANDARD OF HISTORIC AUTHENTICITY. ANY BENEFIT TO THE MEMBERS OF THE CLUB OPERATED OUT OF THE BUILDING WILL BE TOO INDIRECT AND TOO INSUBSTANTIAL TO CONSTITUTE INUREMENT AS DEFINED IN THE REGULATIONS UNDER I.R.C. SECTION 501(C)(3).PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomLANDMARK RECONSTRUCTION AND INSTALLATION OF FAADE DOORS AND WINDOWS. FAADE MAINTENANCE AND REPAIR INCLUDING REMOVAL OF BLUESTONE PAVERS IN THE FRONT AND PORTICO AREAS FOR CONSTRUCTION.DescriptionProgramSrvcAccomTxt
Grants And Allocations$0GrantsAndAllocationsAmt
Program Service Expenses$2,999ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$2,999TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MARY WORKMAN
PRESIDENT3.00$0$0$0
FRANK ROGERS
VICE PRESDIENT3.00$0$0$0
ERIC FRITSCH
TREASURER3.00$0$0$0
LANSING MOORE
SECRETARY3.00$0$0$0
JOAN DIM
BOARD MEMBER1.00$0$0$0
JOHN CAMERA
BOARD MEMBER1.00$0$0$0
ED SMIT
BOARD MEMBER1.00$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line116 GRAMERCY PARK SOUTHAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10003ZIPCd
FieldValueIRS element (for citing)
Phone8886169983PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$278,340CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$230,825CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$39,837CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,792CurrentTaxYearMinus1YearAmt
Current Tax Year$25,830CurrentTaxYearAmt
Total$593,624TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$278,340CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$230,825CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$39,837CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,792CurrentTaxYearMinus1YearAmt
Current Tax Year$25,830CurrentTaxYearAmt
Total$593,624TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$419,343SubstantialContributorsTotAmt
Public Support Total170$174,281PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,240CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,440CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,669CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,274CurrentTaxYearMinus1YearAmt
Current Tax Year$2,838CurrentTaxYearAmt
Total$12,461TotalAmt
FieldValueIRS element (for citing)
Total Support$606,085TotalSupportAmt
Public Support CY1700.28760PublicSupportCY170Pct
Public Support PY1700.29490PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestTHE PLAYERS, 16 GRAMERCY PARK SOUTH, PRESERVATION FUND, INC. (THE "FUND") QUALIFIES AS PUBLICLY SUPPORTED BECAUSE IT MEETS THE 10% PLUS FACTS-AND-CIRCUMSTANCES TEST UNDER TREAS REG. 1.170A-9(E)(3) IN THE FOLLOWING RESPECTS:10% OF SUPPORT LIMITATION - AT 28.76% FOUNDATION 'S PUBLIC SUPPORT PERCENTAGE FOR 2021 EXCEEDED 10%.THE FUND IS A 501C3 ORGANIZATION FORMED TO RESTORE AND PRESERVE THE EXTERIOR AND FUNDAMENTAL SUPPORTING INFRASTRUCTURE OF STANFORD WHITE'S HISTORIC BUILDING AT 16 GRAMERCY PARK SOUTH IN NEW YORK CITY. THE BUILDING, WITH ITS EXQUISITE BALCONY AND STAINED GLASS, IS CONSIDERED THE JEWEL OF THE HISTORIC GRAMERCY PARK DISTRICT. THE FUND WON THE PRESTIGIOUS LUCY MOSES AWARD FROM THE NEW YORK LANDMARKS CONSERVANCY FOR THE FUND'S RENOVATION OF STANFORD WHITE'S FACADE. THE FUND HAS A BASE OF OVER 175 DONORS WHO HAVE CONTRIBUTED TOWARD OUR REPAIR AND RESTORATION EFFORTS. DONORS REGULARLY CONTRIBUTE ONLINE AND BY CHECK, AND SOME HAVE INCLUDED US IN THEIR ESTATES. THESE PEOPLE LIVE THROUGHOUT THE US AND HAVE A TRUE APPRECIATION FOR THE HISTORIC SIGNIFICANCE OF THE ARCHITECTURE. OUR BUILDING ALSO HOUSES THE HAMPDEN BOOTH LIBRARY AND THE PLAYERS FOUNDATION FOR THEATRE EDUCATION AND HISTORY WHOSE DOCENTS REGULARLY LEAD TOURS FOR THE PUBLIC. CURRENTLY THE FUND IS WORKING WITH EXPERTS AT THE HISTORIC DISTRICTS COUNSEL AND THE FOUNDATION CENTER (NOW CALLED CANDID) TO HELP US DEVELOP A STRONG CAMPAIGN APPEALING TO GRAMERCY PARK AREA RESIDENTS - AND BEYOND - SO THE FUND CAN RE-BUILD OUR ROOF AND OUR DETERIORATING REAR FACADE. THE FUND'S GOVERNING BOARD MEMBERS HAVE BACKGROUNDS IN CONSTRUCTION MANAGEMENT, ARCHITECTURE, SECURITY SERVICES, ACADEMIA, PUBLIC RELATIONS, AND MARKETING.FactsAndCircumstancesTestTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESFormAndLineReferenceDesc
ExplanationDESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,805. DESCRIPTION: MEALS & ENTERTAINMENT . AMOUNT: 123. DESCRIPTION: COMMISSIONS & FEES . AMOUNT: 111. DESCRIPTION: INSURANCE. AMOUNT: 767. DESCRIPTION: OTHER GENERAL AND ADMIN EXPENSES. AMOUNT: 99. TOTAL TO FORM 990-EZ, LINE 16: 2,905.ExplanationTxt