2021-10-21T09:34:55-05:00 2020-12-31 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2020-01-01 131635251 THE ACTORS' FUND OF AMERICA ACTO 2122217300 729 SEVENTH AVENUE 10TH FLOOR NEW YORK NY 10019 CONNIE YOO CFO 2122217300 2021-10-21 1 CONNIE YOO XXX-XX-XXXX SCOTT THOMPSETT P00741490 2125990100 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z CONNIE YOO 729 SEVENTH AVENUE 10TH FLOOR NEW YORK NY 10019 92581232 0 X WWW.ACTORSFUND.ORG X 1882 NY WE OFFER A SAFETY NET FOR PERFORMING ARTS & ENTERTAINMENT PROFESSIONALS DURING THEIR LIVES. 39 39 361 106 0 0 20083326 68491946 17325459 18793680 1300764 171578 -203925 -250713 38505624 87206491 2992047 20157361 0 0 24373126 25126118 289398 330013 4392536 15552402 16100916 43206973 61714408 -4701349 25492083 107588382 139543203 45724832 51921024 61863550 87622179 X THE ACTORS FUND IS A NATIONAL HUMAN SERVICES ORGANIZATION THAT FOSTERS STABILITY AND RESILIENCY AND PROVIDES A SAFETY NET FOR PERFORMING ARTS AND ENTERTAINMENT PROFESSIONALS. CONT. SCH. O).THROUGH OFFICES IN NEW YORK, LOS ANGELES, AND CHICAGO, THE FUND SERVES EVERYONE IN FILM, THEATER, TELEVISION, MUSIC, OPERA, RADIO, AND DANCE WITH PROGRAMS INCLUDING SOCIAL SERVICES AND EMERGENCY FINANCIAL ASSISTANCE, HEALTH CARE, AND INSURANCE COUNSELING, HOUSING, AND SECONDARY EMPLOYMENT AND TRAINING SERVICES. 0 0 33271144 19304438 1840461 HUMAN SERVICES (SOCIAL SERVICES, EMPLOYMENT & TRAINING, HEALTH SERVICES AND SENIOR RESIDENTIAL CARE.) THE FUND HELPED MORE THAN 40,000 PEOPLE THROUGH ITS PROGRAMS AND SERVICES. THESE COMPREHENSIVE PROGRAMS ARE DESIGNED TO MEET THE CRITICAL NEEDS OF PERFORMING ARTS AND ENTERTAINMENT PROFESSIONALS. (SEE SCHEDULE O).PROGRAM ACCOMPLISHMENT 1: HUMAN SERVICES (SOCIAL SERVICES, EMPLOYMENT & TRAINING, HEALTH SERVICES AND SENIOR RESIDENTIAL CARE.) THE ACTORS FUND HUMAN SERVICES OFFER COMPREHENSIVE PROGRAMS DESIGNED TO MEET THE CRITICAL NEEDS OF ENTERTAINMENT AND PERFORMING ARTS PROFESSIONALS. IN 2020, THE ACTORS FUND HELPED MORE THAN 40,500 PEOPLE THROUGH ITS PROGRAMS AND SERVICES. SOCIAL SERVICESSINCE MARCH 2020, BROADWAY AND IN FILM AND TELEVISION, THEATER, CONCERTS, DANCE, MUSIC AND MANY OTHER AREAS OF ENTERTAINMENT WERE SHUTDOWN DUE TO PANDEMIC CRISIS. THE ACTORS FUND, QUICKLY TRANSITIONED OUR FINANCIAL ASSISTANCE APPLICATION AND MOST PROGRAMS TO ONLINE AND PHONE SERVICES. THE ACTORS FUND HAS PARTNERED WITH OTHER ENTERTAINMENT INDUSTRY ORGANIZATIONS TO PROVIDE OVER $18M IN EMERGENCY FINANCIAL ASSISTANCE TO 15,000+ INDIVIDUALS.YOUTH SERVICESLOOKING AHEAD SUPPORTS YOUNG PERFORMERS IN DEVELOPING THE VALUES, SKILLS AND CONFIDENCE THEY NEED TO SUCCESSFULLY TRANSITION TO FULFILLING ADULT LIVES. IT SERVES YOUNG PEOPLE, THEIR PARENTS AND ALUMNI, THROUGH INDIVIDUAL AND FAMILY COUNSELING, EDUCATIONAL ASSISTANCE, LEADERSHIP DEVELOPMENT, COMMUNITY SERVICE AND SOCIAL EVENTS. AS OF 2020, 1,119 YOUNG PERFORMERS ARE ENROLLED IN THE PROGRAM.IN NEW YORK, YOUNG PERFORMERS CURRENTLY WORKING IN ENTERTAINMENT AND THEIR PARENTS HAVE ACCESS TO THE PAUL LIBIN CENTER. THE CENTER PROVIDES A SECURE HAVEN FROM THE CROWDS OF TIMES SQUARE THAT INCLUDES A COMFORTABLE AND SAFE SPACE TO CONVENE BETWEEN SCHOOL, REHEARSALS, FILMING OR SHOWS. THE CAREER CENTEROUR CAREER COUNSELING, EDUCATION AND TRAINING, JOB DEVELOPMENT AND ENTREPRENEURSHIP SERVICES HELP PEOPLE FIND WORK THAT CAN BE DONE WHILE CONTINUING IN THE INDUSTRY OR WHILE DEVELOPING A NEW PROFESSIONAL DIRECTION. OFFERING CLASSES, SEMINARS, GROUPS, TUITION ASSISTANCE AND COUNSELING, THE CAREER CENTER EMPOWERS PEOPLE IN OUR COMMUNITY TO FIND FULFILLING WORK THAT COMPLEMENTS THEIR INTERESTS AND SKILLS. IN 2020, THE PROGRAM SERVED 5,885 PERFORMING ARTS AND ENTERTAINMENT PROFESSIONALS. CAREER TRANSITION FOR DANCERS AND THE DANCERS' RESOURCE THE ACTORS FUND HAS LONG SUPPORTED THE DANCE COMMUNITY IN MANAGING THE DEMANDS OF A LIFE IN DANCE. TO ASSIST DANCERS DURING AND POST-CAREER, OUR CAREER TRANSITION FOR DANCERS AND DANCERS' RESOURCE PROGRAMS HELP OUR COMMUNITY AROUND CAREER PLANNING AND TRANSITION, HEALTH, WELLNESS AND SUPPORT FOR INJURED DANCERS, EMERGENCY FINANCIAL ASSISTANCE AND SCHOLARSHIPS. IN 2020, 373 DANCERS RECEIVED SERVICES AND CAREER TRANSITION FOR DANCERS PROGRAM PROVIDED $253,366 IN EDUCATIONAL SCHOLARSHIPS TO 112 DANCERS.HEALTH SERVICESOUR ARTISTS HEALTH INSURANCE RESOURCE CENTER PROVIDES WORKSHOPS AND SEMINARS WITH COMPREHENSIVE INFORMATION ON THE LATEST INSURANCE OPTIONS, AND HELPS INDIVIDUALS IDENTIFY AND ENROLL IN HEALTH INSURANCE COVERAGE. IN MID-2020, EVERY ARTIST INSURED CAMPAIGN WAS LAUNCHED TO SUPPORT ENTERTAINMENT COMMUNITY IN STAYING INSURED DURING THE PANDEMIC CRISIS. IN 2020 4,866 PARTICIPATED IN THE PROGRAM, WITH 2,602 COMPLETING ENROLLMENT IN HEALTH INSURANCE COVERAGE.IN PARTNERSHIP WITH MOUNT SINAI HEALTH SYSTEM, THE FRIEDMAN HEALTH CENTER FOR THE PERFORMING ARTS IN TIMES SQUARE, NEW YORK CITY IS THE ONLY HEALTH CENTER IN NYC SOLELY FOCUSED ON THE PARTICULAR HEALTH CARE NEEDS OF THOSE WHO WORK IN PERFORMING ARTS AND ENTERTAINMENT. IT OFFERS PRIMARY AND SPECIALTY CARE AND ACCEPTS MOST INSURANCES PLANS, INCLUDING COMMERCIAL INSURANCES, SEVERAL MARKETPLACE/EXCHANGE PLANS, MEDICARE AND WORKERS' COMPENSATION. IN 2020, 6,003 PATIENTS WERE SERVED. 20119591 16574248 THE ACTORS FUND HOME IS A 169-BED HEALTH CARE FACILITY PROVIDING SKILLED NURSING, SHORT-STAY REHABILITATION, ASSISTED LIVING AND DEMENTIA CARE IN ENGLEWOOD, NEW JERSEY, FOR MEMBERS OF THE PERFORMING ARTS AND ENTERTAINMENT COMMUNITY. (SEE SCHEDULE O).PROGRAM ACCOMPLISHMENT 2: THE ACTORS FUND HOMETHE ACTORS FUND HOME PROVIDES RESIDENTIAL HEALTH CARE AT A 169-BED HEALTH CARE FACILITY IN ENGLEWOOD, NEW JERSEY. SKILLED NURSING, SHORT-STAY REHABILITATION, ASSISTED LIVING AND DEMENTIA CARE IS PROVIDED THERE FOR MEMBERS OF THE PERFORMING ARTS AND ENTERTAINMENT COMMUNITY. 2350811 852923 378971 AFFORDABLE AND SUPPORTIVE HOUSING IS A CRITICAL CONCERN FOR MANY IN THE PERFORMING ARTS AND ENTERTAINMENT INDUSTRY. WITH EDUCATION PROGRAMS AND THROUGH MARKETING OUTREACH, THE ACTORS FUND HELPS PERFORMING ARTS AND ENTERTAINMENT PROFESSIONALS SECURE HOUSING; IT ALSO DEVELOPS AND OPERATES AFFORABLE, SUPPORTIVE AND SPECIAL NEEDS HOUSING THROUGH ITS SUBSIDIARY, THE ACTORS FUND HOUSING DEVELOPMENT CORPORATION. (SEE SCHEDULE O).PROGRAM ACCOMPLISHMENT 3: HOUSINGHOUSING IS A CRITICAL CONCERN FOR PEOPLE WHO WORK IN PERFORMING ARTS AND ENTERTAINMENT. THE ACTORS FUND WORKS TO INCREASE ACCESS TO AFFORDABLE HOUSING FOR OUR COMMUNITY. THE DOROTHY ROSS FRIEDMAN RESIDENCE, A 178-UNIT AFFORDABLE, AND SUPPORTIVE HOUSING RESIDENCE ON WEST 57TH STREET IN MANHATTAN, PROVIDES HOUSING TO SPECIAL LOW-INCOME ENTERTAINMENT PROFESSIONALS, INCLUDING SENIORS, WORKING PROFESSIONALS, AND PERSONS LIVING WITH HIV/AIDS. SOCIAL SERVICES AND A VIBRANT ACTIVITIES PROGRAM HELPED RESIDENTS BUILD COMMUNITY, FOCUS ON HEALTH AND WELLNESS AND STAY ENGAGED, CREATIVE AND ACTIVE.THE PALM VIEW IS A 40 UNIT AFFORDABLE HOUSING FACILITY IN WEST HOLLYWOOD, CALIFORNIA, THAT IS AVAILABLE TO LOW-INCOME PEOPLE LIVING WITH HIV/AIDS AND SENIORS WITH DISABILITIES. THE SCHERMERHORN RESIDENCE IN DOWNTOWN BROOKLYN PROVIDES 217 UNITS OF AFFORDABLE, SUPPORTIVE HOUSING FOR LOW-INCOME PROFESSIONALS IN ENTERTAINMENT AND PERFORMING ARTS AND COMMUNITY RESIDENTS, AS WELL AS FORMERLY HOMELESS INDIVIDUALS LIVING WITH HIV/AIDS OR CHRONIC MENTAL ILLNESS. HOUSED IN THE BUILDING IS THE MARK O'DONNELL THEATER AT ACTORS FUND ARTS CENTER, A 2,000 SQ FT BLACK BOX THEATER THAT OFFERS LOW-COST REHEARSAL AND PERFORMANCE SPACE TO OVER 60 SMALL ARTS GROUPS AND INDIVIDUAL ARTISTS EACH YEAR. IN ADDITION TO OUR THREE EXISTING AFFORDABLE HOUSING RESIDENCES, OUR HOUSING RESOURCE CENTER PROVIDES ONE-ON-ONE CONSULTATIONS, ONLINE INFORMATION VIA OUR HOUSING BULLETIN BOARD AND AFFORDABLE HOUSING SEMINARS IN NEW YORK AND LOS ANGELES. 55741546 1 1 0 1 0 0 0 0 1 1 1 1 1 0 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 133 0 1 361 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 39 39 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MA MD MI MN MS NC ND NH NJ NM NY OR PA RI SC TN UT VA WV WI X X CONNIE YOO 2122217300 729 SEVENTH AVENUE 10TH FLOOR NEW YORK NY 10019 JOSEPH BENINCASA PRESIDENT & CEO (NON-VOTING) 40.00 10.00 X X 469315 0 101830 BRIAN STOKES MITCHELL CHAIRMAN OF THE BOARD 10.00 0.00 X X 0 0 0 ANNETTE BENING VICE CHAIR 5.00 0.00 X X 0 0 0 PHILIP S BIRSH VICE CHAIR 5.00 0.00 X X 0 0 0 BEBE NEUWIRTH VICE CHAIR 5.00 0.00 X X 0 0 0 PHILIP J SMITH VICE CHAIR 5.00 0.00 X X 0 0 0 LEE H PERLMAN TREASURER 5.00 0.00 X X 0 0 0 ABBY SCHROEDER SECRETARY 5.00 0.00 X X 0 0 0 DEBBIE ALLEN TRUSTEE 1.00 0.00 X 0 0 0 JEFFREY BOLTON TRUSTEE 1.00 0.00 X 0 0 0 CAROLYN CARTER TRUSTEE 1.00 0.00 X 0 0 0 NIKO ELMALEH TRUSTEE 1.00 0.00 X 0 0 0 TERESA EYRING TRUSTEE (THROUGH 06/20) 1.00 0.00 X 0 0 0 ANDREW FLATT TRUSTEE 1.00 0.00 X 0 0 0 JANE FRIEDMAN TRUSTEE 1.00 0.00 X 0 0 0 HAL GOLDBERG TRUSTEE 1.00 0.00 X 0 0 0 DAVID GOODMAN TRUSTEE 1.00 0.00 X 0 0 0 HEATHER HITCHENS TRUSTEE 1.00 0.00 X 0 0 0 MARK HOSTETTER TRUSTEE 1.00 0.00 X 0 0 0 SHARON KARMAZIN TRUSTEE 1.00 0.00 X 0 0 0 BROOKE KENNEDY TRUSTEE 1.00 0.00 X 0 0 0 CHRIS KEYSER TRUSTEE 1.00 0.00 X 0 0 0 KENNY LEON TRUSTEE 1.00 0.00 X 0 0 0 PAUL LIBIN TRUSTEE 1.00 0.00 X 0 0 0 MATTHEW LOEB TRUSTEE 1.00 0.00 X 0 0 0 NANCY S MACMILLAN TRUSTEE (AS OF 09/2020) 1.00 0.00 X 0 0 0 MARY MCCOLL TRUSTEE 1.00 0.00 X 0 0 0 JAMES L NEDERLANDER TRUSTEE 1.00 0.00 X 0 0 0 RUTH NERKEN TRUSTEE 1.00 0.00 X 0 0 0 STANLEY NEWMAN TRUSTEE 1.00 0.00 X 0 0 0 DAVID RAMBO TRUSTEE 1.00 0.00 X 0 0 0 LAUREN REID TRUSTEE 1.00 0.00 X 0 0 0 CHARLOTTE ST MARTIN TRUSTEE 1.00 0.00 X 0 0 0 KATE SHINDLE TRUSTEE 1.00 0.00 X 0 0 0 JACK TANTLEFF TRUSTEE 1.00 0.00 X 0 0 0 TOM VIOLA TRUSTEE 1.00 0.00 X 0 0 0 ROBERT WANKEL TRUSTEE 1.00 1.00 X 0 0 0 JOSEPH H WENDER TRUSTEE 1.00 0.00 X 0 0 0 DAVID WHITE TRUSTEE 1.00 1.00 X 0 0 0 ELIZABETH REIKO KUBOTA WHITNEY TRUSTEE (AS OF 09/2020) 1.00 0.00 X 0 0 0 ALLISON WRIGHT TRUSTEE (AS OF 09/2020) 1.00 0.00 X 0 0 0 BARBARA DAVIS COO & ASSISTANT SECRETARY 40.00 10.00 X 278326 0 80653 CONNIE YOO CHIEF FINANCIAL OFFICER 40.00 10.00 X 250981 0 87574 THOMAS EXTON CHIEF ADVANCEMENT OFFICER 40.00 0.00 X 223076 0 65511 JORDAN STROHL ADMINISTRATOR 40.00 0.00 X 223646 0 72859 KEITH MCNUTT EXECUTIVE DIRECTOR, WESTERN REGION 40.00 10.00 X 188703 0 53783 THOMAS BORCHARD DIRECTOR OF HR AND ADMIN. 35.00 0.00 X 144941 0 14187 TAMAR SHAPIRO DIR. OF SOCIAL SRVCS, NAT'L 35.00 0.00 X 138431 0 66107 MARIA BOX DIRECTOR OF NURSING 40.00 0.00 X 131231 0 42786 KIM ENG CONTROLLER-NJ 40.00 0.00 X 129985 0 41980 CHRISTINA DAVIES LICENSES PRACTICAL NURSE 40.00 0.00 X 127957 0 7322 2306592 0 634592 24 0 1 0 FUNCTIONAL PATHWAYS 10133 SHERILL BLVD KNOXVILLE TN 37932 THERAPY 1599689 C & C CONSTRUCTION MGMT INC 10063 SANDMEYER LANE PHILADELPHIA PA 19116 CONSTRUCTION 590097 GRANT THORNTON LLP 757 THIRD AVENUE NEW YORK NY 10017 ACCOUNTING 186787 LAUTMAN MASKA NEILL & CO 1730 RHODE ISLAND AVE NW WASHINGTON DC 20036 FUNDRAISING 150000 RESOURCE & EVENT MANAGEMENT LTD 232 MADISON AVENUE NEW YORK NY 10016 CONSULTANT 135000 6 1819913 2499620 64172413 392406 68491946 NET PATIENT AND RESIDENT SERVICES 900099 16574248 16574248 CONTRACT SERVICES 900099 2219432 2219432 18793680 681165 681165 4596691 5106278 -509587 -509587 -509587 17750 1819913 268463 -250713 -250713 87206491 18793680 0 -79135 852923 852923 19304438 19304438 2082256 1287651 366846 427759 17368921 15806638 305339 1256944 771792 705958 15889 49945 3410228 3141153 40915 228160 1492921 1316742 46275 129904 51214 40451 2568 8195 196865 79779 98419 18667 330013 330013 139278 139278 2828044 2347577 32554 447913 96807 35902 60905 1241159 679184 63098 498877 714396 474820 49134 190442 3399063 2641442 253498 504123 55095 38841 5324 10930 331685 311240 8303 12142 577281 555110 21761 410 2366441 2093937 121521 150983 599562 561992 9604 27966 THE HOME EXPENSES 1964266 1964266 HEALTH CENTER SUBSIDY 889591 889591 BAD DEBT 616911 611911 5000 FUNDRAISING 33258 33258 61714408 55741546 1580326 4392536 3451700 30461568 1024576 3031583 1016632 3646033 2148363 3327652 533548 504204 65579996 24671176 42472805 40908820 19899265 19748344 12616628 13423569 21911800 22004554 2513065 2486876 107588382 139543203 4610833 5683769 324608 819076 24087433 23344288 3650331 3904164 1000000 12051627 18169727 45724832 51921024 X 35591868 57695638 26271682 29926541 61863550 87622179 107588382 139543203 X 25492083 1605442 -1338896 X 0 1 X 1 1 1 X 26363146 22218482 19590861 20083326 68491946 156747761 26363146 22218482 19590861 20083326 68491946 156747761 102289 156645472 541985 564109 813882 803044 681165 3404185 2217598 2142968 3329123 968112 17750 8675551 168827497 75351578 0.92780 0.87790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS SPECIAL EVENTS INCOME - 2016 AMOUNT: $ 2,217,598. 2017 AMOUNT: $ 2,142,968. 2018 AMOUNT: $ 3,329,123. 2019 AMOUNT: $ 968,112. 2020 AMOUNT: $ 17,750. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 61714408 61714408 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 FORM 990, SCHEDULE C, PART II-A: THE ACTORS FUND DID NOT ENGAGE IN ANY LOBBYING ACTIVITIES IN CALENDER YEAR 2020. THE ORGANIZATION IS SOLELY FILING A SCHEDULE C BECAUSE IT PREVIOUSLY MADE THE 501(H) LOBBYING ELECTION AND IS REQUIRED TO FILE THE SCHEDULE C ACCORDINGLY. 0 1 X 17738882 10000 824159 750388 17822653 14927959 548502 2912130 649709 17738882 15204554 1021713 -670414 627894 14927959 12339327 1581818 1762242 478833 15204554 12102927 717058 480658 12339327 0.15548 0.84453 0 0 100000 100000 53136830 17757773 35379057 4832298 1927425 2904873 1996600 1443077 553523 5514268 3542901 1971367 40908820 ANNUITY FUND INVESTMENTS 7306450 F PERPETUAL TRUSTS 6117119 F 13423569 FRIEDMAN RESIDENCE 17673447 F PALM VIEW HOUSING 4331107 F 22004554 POST RETIREMENT BENEFITS OBLIGATION 7138846 PAYCHECK PROTECTION PROGRAM FORGIVABLE LOAN 4592157 DEFERRED RENT 3175254 ANNUITY PAYMENT LIABILITY 1927039 MISCELLANEOUS 1336431 18169727 X 0 PART IV, LINE 2B: THE ACTORS FUND ADMINISTERS THE "UNCLAIMED COOGAN TRUST", FUNDS ENTRUSTED TO THE ACTORS FUND COLLECTED FROM THE ENTERTAINMENT EMPLOYERS FOR UN-EMANCIPATED MINORS RENDERING ARTISTIC OR CREATIVE SERVICES PURSUANT TO CALIFORNIA STATE LAW. THE ACTORS FUND HAS BEEN DESIGNATED AS THE TRUSTEE OF THE UNCLAIMED FUNDS COLLECTED AND PAYS THE FUNDS TO THE STIPULATED BENEFICIARIES OR THE ESTATE OF THE RESPECTIVE BENEFICIARIES OR TRANSFERS THE FUNDS TO THEIR COOGAN CASH ACCOUNT BEFORE THE RESPECTIVE MINOR REACHES THE AGE OF MATURITY OR BECOMES EMANCIPATED. PART V, LINE 4: THE ACTORS FUND MAINTAINS AN ENDOWMENT FUND TO SUPPORT ITS PROGRAMS. THE ENDOWMENT IS MANAGED SO THAT ITS PRINCIPAL MUST BE INVESTED AND KEPT INTACT IN PERPETUITY. PART X, LINE 2: THE ACTORS FUND FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS" MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE ACTORS FUND IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. THE ACTORS FUND HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS, TO IDENTIFY AND REPORT UNRELATED INCOME, TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS, AND TO IDENTITY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ACTORS FUND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN ITS FINANCIAL STATEMENTS. X X X X X 1 LAUTMAN MASKA NEILL & COMPANY 1730 RHODE ISLAND AVENUE NW SUITE WASHINGTON DC 20036 CONSULTANT 0 5455627 150000 5305627 RESOURCE & EVENT MANAGEMENT LIMITED 232 MADISON AVENUE SUITE 1107 NEW YORK NY 10016 CONSULTANT 1 949735 135000 814735 MCEVOY & ASSOCIATES 32 UNION SQUARE EAST SUITE 406 NEW YORK NY 10003 CONSULTANT 0 133078 30000 103078 CHARITY BUZZ 437 FIFTH AVENUE 11TH FLOOR NEW YORK NY 10016 AUCTION 1 68319 15013 53306 6606759 330013 6276746 AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NC ND OH OK OR PA RI SC TN TX UT VA WA WV WI NY VIRTUAL GALA 1092549 1074799 17750 145446 80395 HADESTOWN SP 84013 84013 7495 24 661101 661101 5450 29677 1837663 1819913 17750 150896 117567 268463 -250713 FORM 990, SCHEDULE G, PART II: DUE TO THE COVID-19 PANDEMIC, THE ACTORS' FUND OF AMERICA WAS OBLIGATED TO CANCEL ITS IN-PERSON FUNDRAISING EVENTS; IN LIEU OF CELEBRATING IN-PERSON, THE ORGANIZATION HELD A VIRTUAL GALA TO RAISE FUNDS THAT SUPPORT ITS MISSION OF PROVIDING STABILITY AND ASSISTANCE TO MEMBERS OF THE PERFORMING ARTS AND ENTERTAINMENT INDUSTRY. DESPITE CANCELING OTHER FUNDRAISING EVENTS, MANY OF OUR GENEROUS DONORS WHO HAD COMMITTED TO ATTEND THESE EVENTS VOLUNTARILY CHOSE TO PROVIDE FINANCIAL SUPPORT (AND THOSE REVENUES ARE REPORTED IN SCHEDULE G). TO THE EXTENT EXPENSES ARE REPORTED IN SCHEDULE G, THESE REPRESENT NON-REIMBURSABLE COSTS THAT THE ACTORS FUND INCURRED. 1 ACTORS FUND HOUSING DEVELOPMENT CORP C/O THE ACTORS FUND 729 SEVENTH AVENUE NEW YORK NY 10019 800522071 501(C)(3) 852923 HOUSING SUBSIDY 1 COVID-19 AND OTHER FINANCIAL ASSISTANCE 15151 19304438 PART I, LINE 2: THE ACTORS FUND HAS IMPLEMENTED SEVERAL PROTOCOLS IN PLACE TO ENSURE THAT ALL GRANT RECIPIENTS USE THE FUNDS IN THE MANNER INTENDED: 1. IT IS THE POLICY OF THE ACTORS FUND THAT IT WILL MAKE THE GRANT DIRECTLY PAYABLE TO THE SERVICE PROVIDER, THEREBY ENSURING THAT THE REQUESTED BILLS ARE "TIMELY PAID". 2. ON AN EXCEPTIONAL BASIS, GRANTS MAY BE MADE PAYABLE TO AN INDIVIDUAL. WHEN THIS OCCURS, THE GRANTEE MUST PROVIDE PROOF THAT THE GRANT WAS USED FOR THE REQUESTED BILL I.E.; THE GRANTEE MUST PROVIDE A RENT RECEIPT SHOWING PAYMENT, FOOD PURCHASE RECEIPTS. 3. FOR ALL GRANTEES THAT RECEIVE ASSISTANCE ON A CONTINUAL BASIS, THEY ARE REQUIRED TO MEET WITH THEIR COUNSELOR TO REVIEW BUDGETS AND FINANCIAL NEED. 4. ACCOUNTING PROVIDES SOCIAL SERVICES WITH A LIST OF UNCASHED CHECKS (ON QUARTERLY BASIS) AND EXPIRED QUICKPAYS (ON MONTHLY BASIS) THAT ARE REVIEWED BY COUNSELOR AND GRANTEE. IF CHECKS/QUICKPAYS CONTINUE TO GO UNCASHED, SOCIAL SERVICES WILL STOP PROVIDING ASSISTANCE. TO HELP OUR COMMUNITY DURING THIS PUBLIC HEALTH CRISIS, THE ACTORS FUND HAS PARTNERED WITH OTHER ENTERTAINMENT INDUSTRY ORGANIZATIONS TO PROVIDE EMERGENCY FINANCIAL ASSISTANCE TO THOSE IN IMMEDIATE FINANCIAL NEED. FUNDS ARE AVAILABLE TO UNION AND NON-UNION WORKERS IN ENTERTAINMENT AND THE PERFORMING ARTS. EMERGENCY FINANCIAL ASSISTANCE IS AVAILABLE FOR PEOPLE WHO ARE UNABLE TO PAY BASIC LIVING EXPENSES (FOOD/HOUSING/HEALTH CARE). INDIVIDUALS AND FAMILIES MAY SUBMIT APPLICATIONS ONLINE TO THE ACTORS FUND AND WILL BE REVIEWED TO ENSURE THEY MEET ELIGIBILITY AND NEED REQUIREMENTS. ONCE THE ACTOR FUND HAS DETERMINED THAT THE INDIVIDUAL MEETS THESE REQUIREMENTS, THE FUNDS ARE DISBURSED AND NO FURTHER MONITORING OF THE COVID-19 RELIEF FUNDS ARE REQUIRED. X X 0 1 X X X X 0 1 0 0 0 0 0 1 0 JOSEPH BENINCASA PRESIDENT & CEO (NON-VOTING) 388915 0 0 0 80400 0 70755 0 31075 0 571145 0 0 0 BARBARA DAVIS COO & ASSISTANT SECRETARY 269926 0 0 0 8400 0 49571 0 31082 0 358979 0 0 0 CONNIE YOO CHIEF FINANCIAL OFFICER 242581 0 0 0 8400 0 41029 0 46545 0 338555 0 14001 0 JORDAN STROHL ADMINISTRATOR 213211 0 2550 0 7885 0 30750 0 42109 0 296505 0 0 0 THOMAS EXTON CHIEF ADVANCEMENT OFFICER 217076 0 0 0 6000 0 33668 0 31843 0 288587 0 0 0 KEITH MCNUTT EXECUTIVE DIRECTOR, WESTERN REGION 177074 0 0 0 11629 0 27623 0 26160 0 242486 0 0 0 TAMAR SHAPIRO DIR. OF SOCIAL SRVCS, NAT'L 126431 0 10000 0 2000 0 21194 0 44913 0 204538 0 0 0 MARIA BOX DIRECTOR OF NURSING 123994 0 2550 0 4687 0 6093 0 36693 0 174017 0 0 0 KIM ENG CONTROLLER-NJ 121514 0 1100 0 7371 0 13932 0 28048 0 171965 0 0 0 THOMAS BORCHARD DIRECTOR OF HR AND ADMIN. 142941 0 0 0 2000 0 10928 0 3259 0 159128 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE FOR THE YEAR ENDING DECEMBER 31, 2020, THE PRESIDENT & CEO RECEIVED A HOUSING ALLOWANCE THAT WAS INCLUDED IN HIS W-2. SOCIAL CLUB DUES THE ACTORS FUND PAYS SOCIAL CLUB DUES ON BEHALF OF THE PRESIDENT AND CEO. THIS MEMBERSHIP IS USED FOR BUSINESS PURPOSES AND IS NOT INCLUDED IN TAXABLE INCOME ON HIS W-2. PART I, LINE 4B FOR THE YEAR ENDING DECEMBER 31, 2020, THE PRESIDENT & CEO, CHIEF OPERATING OFFICER, AND CHIEF FINANCIAL OFFICER PARTICIPATED IN THE ORGANIZATION'S SUPPLEMENTAL 457(F) NONQUALIFIED RETIREMENT PLAN. THE AMOUNTS INCLUDED FOR 2020 WERE $29,201, $8,384, AND $2,221. PART I, LINE 7 THE ACTORS FUND AWARDED BONUSES TO SELECTIVE STAFF REPORTED ON THE FORM 990, SCHEDULE J, PART II. ALL BONUSES WERE BASED ON MEETING OR EXCEEDING CERTAIN OBJECTIVE PERFORMANCE METRICS. ALL BONUSES WERE AUTHORIZED BY THE PRESIDENT & CEO WITHOUT INPUT BY THE INDIVIDUAL RECEIVING THE BONUS. A NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 2016-08-04 25000000 SEE PART VI 0 0 0 A 1384116 25000000 920150 400000 18851042 4828808 2018 0 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 FORM 990, SCHEDULE K, PART I, COLUMN (F) - DESCRIPTION OF PURPOSE: THE 2016 BOND WAS ISSUED TO PROVIDE FUNDING FOR THE RECONSTRUCTION AND EXPANSION OF THE ACTORS FUND HOME AS WELL AS THE REFUNDING OF PREVIOUS BOND ISSUES. X 41 392406 FMV 0 1 1 PART I, LINE 32B: THE NUMBER OF TO THE EXTENT THAT THE ORGANIZATION RECEIVES NON-CASH CONTRIBUTIONS (I.E. SECURITIES), THE ACTORS FUND WILL UTILIZE A THIRD PARTY BROKER TO DISPOSE OF THE SECURITIES. GENERAL STATEMENT REGARDING IMPACT OF COVID-19: IN MARCH 2020, THE WORLD HEALTH ORGANIZATION DECLARED COVID-19, THE DISEASE CAUSED BY THE NOVEL CORONAVIRUS, A PANDEMIC, WHICH CONTINUES TO SPREAD THROUGHOUT THE UNITED STATES. AS A RESULT OF THE COVID-19 PANDEMIC, BROADWAY, AND FILM AND TELEVISION, THEATER, CONCERTS, DANCE, MUSIC AND MANY OTHER AREAS OF ENTERTAINMENT WERE SHUTDOWN. THE ACTORS FUND HAS PARTNERED WITH OTHER ENTERTAINMENT INDUSTRY ORGANIZATIONS TO PROVIDE EMERGENCY FINANCIAL ASSISTANCE GRANTS TO THOSE IN IMMEDIATE FINANCIAL NEED. ADDITIONALLY, IN RESPONSE TO THE PANDEMIC, THE ACTORS FUND INCURRED ADDITIONAL COSTS FOR TESTING, PERSONAL PROTECTIVE EQUIPMENT, AND OTHER OPERATING COSTS ASSOCIATED WITH ENSURING EMPLOYEE AND RESIDENT SAFETY WHILE OPERATING DURING THE PANDEMIC. ON APRIL 20, 2020, THE ACTORS FUND OF AMERICA (THE "BORROWER"), WAS GRANTED A LOAN (THE "AFA LOAN") FROM TD BANK, IN THE AGGREGATE AMOUNT OF $4,592,157, PURSUANT TO THE SMALL BUSINESS ADMINISTRATION PAYCHECK PROTECTION PROGRAM (THE "SBA PPP") UNDER DIVISION A, TITLE I OF THE CARES ACT, WHICH WAS ENACTED MARCH 27, 2020. THE AFA LOAN, WHICH WAS IN THE FORM OF A NOTE DATED APRIL 17, 2020 ISSUED BY THE BORROWER, MATURES ON APRIL 17, 2022 AND BEARS INTEREST AT A RATE OF 1% PER ANNUM, PAYABLE MONTHLY COMMENCING ON NOVEMBER 1, 2020. THE LOAN MAY BE PREPAID AT ANY TIME PRIOR TO MATURITY WITH NO PREPAYMENT PENALTIES. FUNDS FROM THE LOAN MAY ONLY BE USED FOR PAYROLL COSTS, COSTS USED TO CONTINUE GROUP HEALTH CARE BENEFITS, MORTGAGE PAYMENTS, RENT, AND UTILITIES. THE ACTORS FUND OF AMERICA USED THE ENTIRE LOAN AMOUNT FOR QUALIFYING EXPENSES. UNDER THE TERMS OF THE SBA PPP, CERTAIN AMOUNTS OF THE LOAN MAY BE FORGIVEN IF THEY ARE USED FOR QUALIFYING EXPENSES AS DESCRIBED IN THE CARES ACT. ONCE THE LOAN FORGIVENESS IS GRANTED, THE EXTINGUISHMENT IS RECOGNIZED INTO INCOME AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE DEPARTMENT. A COPY OF THE DRAFT FORM 990 WAS CIRCULATED TO THE FULL BOARD OF TRUSTEES FOR DISCUSSION AND COMMENT. EACH BOARD MEMBER WAS PROVIDED AMPLE OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ACTORS FUND HAS A WRITTEN CONFLICT OF INTEREST POLICY FOR KEY EMPLOYEES AND TRUSTEES. THE OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE THE CONFLICT OF INTEREST POLICY FORM AND SIGN ON AN ANNUAL BASIS AT A MINIMUM, AND INFORM THE ORGANIZATION WHEN THE CONFLICT OF INTEREST CIRCUMSTANCES ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE ACTORS FUND UNDERTAKES A VERY THOROUGH AND COMPREHENSIVE PROCESS TO ENSURE THAT THE COMPENSATION IT PAYS TO ITS PRESIDENT AND CEO IS COMPARABLE TO OTHER PEER INSTITUTIONS IN THE MARKET IN WHICH THE ORGANIZATION OPERATES. THE ACTORS FUND COMMISSIONS A COMPENSATION SURVEY FROM AN INDEPENDENT THIRD-PARTY EXECUTIVE COMPENSATION SPECIALIST BIENNIAL. THE COMPENSATION CONSULTANT VALIDATES THE ORGANIZATION'S COMPETITIVE POSITION WITHIN THE MARKETPLACE BY REGION, BY PEER INSTITUTION (I.E. ORGANIZATIONS WITH A SIMILAR MISSION, SIMILAR SIZE AND OPERATIONAL BUDGET). COMPENSATION FOR THE PRESIDENT AND ALL OTHER OFFICERS AND KEY EMPLOYEES REPORTED IN THE FORM 990 IS REVIEWED BY THE ACTORS' FUND'S COMPENSATION COMMITTEE AND APPROVED BY THE EXECUTIVE COMMITTEE. THESE DECISIONS ARE FORMALIZED AND DOCUMENTED IN THE ORGANIZATION'S COMMITTEE MINUTES. THE ORGANIZATION LAST COMMISSIONED A COMPENSATION STUDY IN CALENDAR YEAR 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ACTORS FUND'S FORM 990 AND FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE. THE ACTORS FUND FORM 990 IS ALSO POSTED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND AT MANAGEMENT'S DISCRETION. FORM 990, PART VI, SECTION A, LINE 2: MANY ACTORS FUND TRUSTEES WORK IN THE ENTERTAINMENT INDUSTRY. THESE INDIVIDUALS ENTER INTO BUSINESS ARRANGEMENTS AMONG THEMSELVES. THESE RELATIONSHIPS ARE FLUID THROUGHOUT ANY GIVEN YEAR AND SO IDENTIFYING EACH AND EVERY ONE IS VERY DIFFICULT. THESE BUSINESS RELATIONSHIPS HAVE NO IMPACT ON THE ACTORS FUND'S OPERATIONS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 403,813. PENSION BENEFIT RELATED ACTIVITIES, OTHER THAN NET PERIODIC PENSION COST -1,835,463. ACCRUED INTEREST ON NOTE RECEIVABLE 92,754. ENTERTAINMENT HEALTH INSURANCE SOLUTIONS 5757 WILLSHIRE BLVD SUITE 4000 LOS ANGELES CA 90036 832666535 BROKER NY 0 0 N/A ACTORS FUND HOUSING DEVELOPMENT CORP 729 SEVENTH AVENUE NEW YORK NY 10019 800522071 HOUSING NY 501(C)(3) LINE 7 ACTORS FUND 1 AURORA HOUSING DEVELOPMENT FUND CORP 729 SEVENTH AVENUE NEW YORK NY 10019 061401959 DORMANT NY 501(C)(3) LINE 7 ACTORS FUND 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 ACTORS FUND HOUSING DEVELOPMENT CORP B 852923 FMV