2021-05-14T14:29:39-05:00 2020-06-30 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2019-07-01 814053105 THE YERBA BUENA GARDENS CONSERVANCY YERB 4156513684 750 HOWARD STREET SAN FRANCISCO CA 94103 SCOTT ROWITZ EXECUTIVE DIRECTOR 4156513684 2021-05-12 1 MICHAEL LUMSDEN P01262236 4159561500 2021-05-12 2019 2022-09-23 18:48:47Z SCOTT ROWITZ 750 HOWARD STREET SAN FRANCISCO CA 94103 20004611 0 X WWW.YERBABUENAGARDENS.COM X 2016 CA TO OPERATE AND MANAGE YERBA BUENA GARDENS ON BEHALF OF THE CITY AND COUNTY OF SAN FRANCISCO. 12 12 3 14 0 0 0 18237744 0 1625482 0 141385 0 0 0 20004611 0 0 0 0 0 241258 0 0 0 0 10033993 0 10275251 0 9729360 76736 159136622 486195 2133961 -409459 157002661 X THE MISSION OF THE YERBA BUENA GARDENS CONSERVANCY IS TO PROGRAM, OPERATE, MAINTAIN, AND IMPROVE THE PUBLICLY OWNED OPEN SPACES, CULTURAL FACILITIES, AND RELATED COMPONENTS OF SAN FRANCISCO'S YERBA BUENA GARDENS. THE CONSERVANCY WORKS IN CONJUNCTION WITH THE GARDEN'S NONPROFIT CULTURAL ORGANIZATIONS, COMMERCIAL TENANTS AND THE CITY AND COUNTY OF SAN FRANCISCO, FOR THE CIVIC AND PUBLIC BENEFIT AND ENJOYMENT BY THE CITY'S VISITORS AND RESIDENTS. 0 0 9447758 0 1625482 YERBA BUENA GARDENS CONSERVANCY (THE "CONSERVANCY") IS A CIVIC NONPROFIT ORGANIZATION ESTABLISHED TO PROGRAM, OPERATE, MAINTAIN, AND IMPROVE THE PUBLICLY-OWNED THREE CITY BLOCKS OF YERBA BUENA GARDENS ON BEHALF OF THE RESIDENTS AND VISITORS OF THE CITY AND COUNTY OF SAN FRANCISCO. LOCATED IN CENTRAL SAN FRANCISCO, THE YERBA BUENA GARDENS ARE A TREASURED CULTURAL ASSET VISITED BY OVER 5 MILLION PEOPLE ANNUALLY.CONSISTENT WITH THE CITY OF SAN FRANCISCO'S VISION, THE YERBA BUENA GARDENS IS A SELF-FINANCING ENTITY, WHERE SURROUNDING DEVELOPMENTS AND RETAIL LEASES FINANCIALLY SUPPORT THE OPERATION AND MAINTENANCE OF ITS PUBLIC PARK AND CULTURAL FACILITIES. DONATIONS TO THE CONSERVANCY KEEP THE PARK SAFE, CLEAN, AND WELCOMING FOR ALL TO ENJOY AND SUPPORT CAPITAL IMPROVEMENTS. 9447758 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 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 1 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X SCOTT ROWITZ 4156513684 750 HOWARD STREET SAN FRANCISCO CA 94103 SCOTT ROWITZ EXECUTIVE DIRECTOR 40.00 X 175167 0 10732 CATHY MAUPIN CHAIR 1.00 X X 0 0 0 DEBORAH CULLINAN VICE CHAIR 1.00 X X 0 0 0 KEN BUKOWSKI TREASURER 1.00 X X 0 0 0 LYNN FARZAROLI SECRETARY THROUGH 2/2020 1.00 X X 0 0 0 CAROL TANG DIRECTOR / SECRETARY START 2/2020 1.00 X X 0 0 0 TOM DECAIGNY DIRECTOR THROUGH 2/2020 1.00 X 0 0 0 JOHN ELBERLING DIRECTOR 1.00 X 0 0 0 AARON GRIZZELL DIRECTOR 1.00 X 0 0 0 SEAN JEFFRIES DIRECTOR 1.00 X 0 0 0 DAVID MCKENZIE DIRECTOR 1.00 X 0 0 0 ANDRICO PENICK DIRECTOR 1.00 X 0 0 0 NADIA SESAY DIRECTOR 1.00 X 0 0 0 JOAQUIN TORRES DIRECTOR 1.00 X 0 0 0 ANNA VAN DEGNA DIRECTOR 1.00 X 0 0 0 175167 0 10732 1 0 1 0 COX CASTLE & NICHOLSON 2029 CENTURY PARK EAST LOS ANGELES CA 90067 LEGAL 126014 1 18217887 19857 5795 18237744 YERBA BUENA GARDENS RENTAL REV 532000 1061030 1061030 EVENT REVENUE 900099 467744 467744 OTHER OPERATING REVENUE 900099 96708 96708 1625482 141385 141385 20004611 1625482 0 141385 X 187385 187385 32858 32858 1573 1573 4031 4031 15411 15411 164663 164663 95825 95825 6841017 6810547 30470 17777 2100 15677 10027 10027 10565 10565 276536 257204 19332 204 204 161507 102342 59165 CAPITALIZED EXPENDITURE 1967038 1967038 MAINTENANCE & REPAIRS 184547 184547 BAD DEBT EXPENSE 164009 164009 CITY ADMINISTRATION EXP 103189 103189 37089 20791 16298 10275251 9447758 827493 0 76736 2452730 7102980 1087320 242145 0 148251447 76736 159136622 186195 602777 1531184 300000 486195 2133961 X -409459 9319901 147682760 -409459 157002661 76736 159136622 9729360 147682760 0 X 0 1 X 1 1 1 X 0 0 0 18237744 18237744 18237744 18237744 18237744 141385 141385 18379129 1625482 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM CITY OF SAN FRANCISCO 566354 CONTRIBUTED RIGHT OF USE ASSET 147682760 DEPOSITS 2333 148251447 X 171274806 151270195 151270195 20004611 0 20004611 13862686 3587435 3587435 10275251 0 10275251 PART X, LINE 2: THE CONSERVANCY RECOGNIZES A THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN AND REQUIRES THE AFFIRMATIVE EVALUATION THAT IS MORE-LIKELY-THAN-NOT, BASED ON THE TECHNICAL MERITS OF A TAX POSITION, THAT AN ORGANIZATION IS ENTITLED TO ECONOMIC BENEFITS RESULTING FROM TAX POSITIONS TAKEN IN INCOME TAX RETURNS. FOR TAX EXEMPT ENTITIES, FAVORABLE TAX STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, AS EVENTS COUNT POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. IF A TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE CONSERVANCY'S EVALUATION ON JUNE 30, 2020, REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. X X 0 0 0 0 0 0 0 0 0 SCOTT ROWITZ EXECUTIVE DIRECTOR 175167 0 0 0 0 0 5417 0 5315 0 185899 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTED WITH SCOTT ROWITZ TO FULFILL THE DUTIES OF INTERIM EXECUTIVE DIRECTOR AS AN INDEPENDENT CONTRACTOR THROUGH SEPTEMBER 2019; THEREAFTER, HE BECAME A FULL-TIME EMPLOYEE OF THE ORGANIZATION. COMPENSATION PAID TO SCOTT ROWITZ IN EXCHANGE FOR THESE DUTIES TOTALED $108,500 AS AN INDEPENDENT CONTRACTOR, WHICH HAS BEEN REPORTED AS COMPENSATION IN FORM 990, PART VII, SECTION A, COLUMN (D). FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION DOES NOT HAVE "MEMBERS" BY DEFINITION OF THE BYLAWS; HOWEVER, THE FORM 990 INSTRUCTIONS DEFINE A "MEMBER" AS ANY PERSON (INCLUDING A CORPORATION OR OTHER LEGAL ENTITY) WHO HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE, INCLUDING ELECTING MEMBERS OF THE GOVERNING BODY. AS SUCH, IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS, YERBA BUENA GARDENS CONSERVANCY HAS ONE MEMBER: THE CITY AND COUNTY OF SAN FRANCISCO. FORM 990, PART VI, SECTION A, LINE 7A THE CITY AND COUNTY OF SAN FRANCISCO CAN ELECT UP TO 7 MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE TAX PREPARATION FIRM. MANAGEMENT OF THE ORGANIZATION THEN REVIEWS THE COMPLETED FORM 990 AND FOLLOWS UP WITH THE TAX PREPARATION FIRM TO ANSWER ANY UNRESOLVED QUESTIONS. A COMPLETE COPY OF THE FORM 990 IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL INTERESTED PERSONS (INCLUDING OFFICERS AND BOARD MEMBERS) SHALL MAKE APPROPRIATE DISCLOSURE OF ACTUAL OR POTENTIAL CONFLICTS OF INTEREST TO THE BOARD OR DELEGATED BOARD COMMITTEE: (I) ANNUALLY, THROUGH ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENTS, AND (II) ONGOING THROUGHOUT THE YEAR AT ANY TIME THAT ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARISES. AFTER DISCLOSURE OF ALL MATERIAL FACTS AND ANY FOLLOW-UP DISCUSSION WITH THE INTERESTED PERSON REGARDING A POTENTIAL CONFLICT OF INTEREST, INDEPENDENT MEMBERS OF THE BOARD MAKE A DETERMINATION OF WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS. PRIOR TO VOTING ON A CONTRACT, TRANSACTION, OR MATTER IN WHICH AN ACTUAL CONFLICT OF INTEREST IS FOUND TO EXIST, THE BOARD OR BOARD COMMITTEE: (I) ALLOWS THE INTERESTED PERSON TO MAKE A PRESENTATION ON THE MATTER, AND (II) MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO DETERMINE IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS REASONABLY POSSIBLE UNDER THE CIRCUMSTANCES. APPROVAL OF TRANSACTION WHICH PRESENT AN ACTUAL CONFLICT OF INTEREST REQUIRE A MAJORITY VOTE OF DISINTERESTED DIRECTORS. THE RECORDINGS OF THE PROCEEDINGS ARE DOCUMENTED IN THE BOARD OR BOARD COMMITTEE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR IS SET BY MEMBERS OF THE BOARD OF DIRECTORS, WHO UTILIZES COMPARATIVE COMPENSATION DATA FROM SIMILARLY SITUATED ORGANIZATIONS IN MAKING THEIR DETERMINATION. THIS PROCESS IS CONTEMPORANEOUSLY SUBSTANTIATED VIA MINUTES OF THE BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED ADMIN & MAINTENANCE: PROGRAM SERVICE EXPENSES 1,031,543. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,031,543. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 793,062. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 793,062. JANITORIAL SERVICES: PROGRAM SERVICE EXPENSES 348,711. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 348,711. LANDSCAPE SERVICES: PROGRAM SERVICE EXPENSES 277,803. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 277,803. OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 354,428. MANAGEMENT AND GENERAL EXPENSES 30,470. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 384,898. SERVICE FEES: PROGRAM SERVICE EXPENSES 4,005,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,005,000.