FURP.ORG / PUBLIC DATA EXPLORER

GRAND CENTRAL PARTNERSHIP INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
GRAND CENTRAL PARTNERSHIP INC (EIN 13-3275810)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-12
IRS object ID
202111329349305201
Schema version
2019v5.2
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)
Return2021-05-12T18:04:02-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133597814PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SKODY SCOT & CO CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1520 EIGHTH AVE SUITE 2200AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133275810EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GRAND CENTRAL PARTNERSHIP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGRANBusinessNameControlTxt
Phone2128832420PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1122 EAST 42ND STREET NO 601AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10168ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALFRED C CERULLO IIIPersonNm
Person TitlePRESIDENT/CEOPersonTitleTxt
Phone2128832420PhoneNum
Signature2021-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM SKODYPreparerPersonNm
PTINP00631754PTIN
Phone2129671100PhoneNum
Preparation2021-05-12PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerALFRED C CERULLO IIIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1122 EAST 42ND STREET NO 601AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10168ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$17,599,885GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GRANDCENTRALPARTNERSHIP.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1985FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionPROMOTE THE VITALITY AND ECONOMIC GROWTH OF A BUSINESS IMPROVEMENT DISTRICT LOCATED IN NYC.ActivityOrMissionDesc
Voting Members Governing Body36VotingMembersGoverningBodyCnt
Voting Members Independent31VotingMembersIndependentCnt
Total Employee146TotalEmployeeCnt
Total Volunteers31TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$435,000PYContributionsGrantsAmt
CY Contributions Grants$1,554,870CYContributionsGrantsAmt
PY Program Service Revenue$13,170,883PYProgramServiceRevenueAmt
CY Program Service Revenue$13,148,332CYProgramServiceRevenueAmt
PY Investment Income$281,626PYInvestmentIncomeAmt
CY Investment Income$115,249CYInvestmentIncomeAmt
PY Other Revenue$321,925PYOtherRevenueAmt
CY Other Revenue$203,628CYOtherRevenueAmt
PY Total Revenue$14,209,434PYTotalRevenueAmt
CY Total Revenue$15,022,079CYTotalRevenueAmt
PY Grants And Similar Paid$52,121PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$35,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,423,771PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$9,008,274CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$5,736,073PYOtherExpensesAmt
CY Other Expenses$4,799,764CYOtherExpensesAmt
PY Total Expenses$14,211,965PYTotalExpensesAmt
CY Total Expenses$13,843,038CYTotalExpensesAmt
PY Revenues Less Expenses-$2,531PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,179,041CYRevenuesLessExpensesAmt
Total Assets BOY$14,547,192TotalAssetsBOYAmt
Total Assets EOY$13,675,609TotalAssetsEOYAmt
Total Liabilities BOY$6,852,034TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,639,045TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,695,158NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,036,564NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE GRAND CENTRAL PARTNERSHIP PROVIDES SUPPLEMENTAL PUBLIC SAFETY, SANITATION, STREETSCAPE IMPROVEMENT, VISITOR INFORMATION AND BUSINESS SUPPORT SERVICES, INCLUDING MARKETING AND SPECIAL EVENTS TO BENEFIT PROPERTY OWNERS, BUSINESSES AND RESIDENTS IN A 70 SQUARE BLOCK AREA OF MIDTOWN MANHATTAN.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,003,546ExpenseAmt
DescSANITATION - MAINTAINING CLEAN STREETS/CURBS, LITTER AND GRAFFITI REMOVALDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$2,768,018ExpenseAmt
Revenue$438,960RevenueAmt
DescDISTRICT-WIDE MAINTENANCE - IMPROVING AND MAINTAINING THE OVERALL APPEARANCE OF THE DISTRICT BY INSTALLING STREETSCAPE AMENITIES SUCH AS PUBLIC FURNITURE AND STREET LIGHTING, AND THE COST OF FINANCING THOSE IMPROVEMENTS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$3,036,574ExpenseAmt
DescPUBLIC SAFETY - PROVIDING INCREASED PUBLIC SECURITY THROUGH A COMBINATION OF UNIFORMED OFFICERS AND A WORKING RELATIONSHIP WITH THE NEW YORK CITY POLICE DEPARTMENT AND OTHER PUBLIC AND PRIVATE LAW ENFORCEMENT.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (4 entries)

ExpenseExpenseAmtDescDescGrantGrantAmt
$429,934TOURIST GREETERS - PROVIDING INFORMATION, BROCHURES AND MAPS, AND TOURS TOVISITORS, WORKERS, RESIDENTS AND OTHERS, AT MULTIPLE LOCATIONS IN THE DISTRICT.
$468,912HORTICULTURE ENHANCES THE DISTRICT THROUGH PLANTINGS AND DECORATIONS.
$236,374SOCIAL SERVICES - CONTRACTING WITH A HOMELESS OUTREACH ORGANIZATION TO PROVIDE AT-RISK INDIVIDUALS WITH CRISIS INTERVENTION SERVICES SUCH AS EMERGENCY MEDICAL AND MENTAL HEALTH ASSISTANCE, FOOD, CLOTHING, AND TEMPORARY AND LONG-TERM HOUSING.$35,000
$1,070,202EXTERNAL AFFAIRS - PROMOTING THE DISTRICT THROUGH CORPORATE COMMUNICATIONS, SOCIAL MEDIA AND PUBLIC RELATIONS CAMPAIGNS; RETAIL AND COMMERCIAL BUSINESS SUPPORT; MARKETING; SPONSORSHIP OPPORTUNITIES AND SPECIAL EVENTS; AND THE COMPILATION OF DEMOGRAPHIC AND OTHER KEY DATA ABOUT THE MIDTOWN EAST NEIGHBORHOOD.
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$2,205,422TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$35,000TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$12,013,560TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document112IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee146EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members36GoverningBodyVotingMembersCnt
Independent Voting Member31IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2128832420PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1122 EAST 42ND STREET NO 601AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10168ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (46 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
ADAM F ABRAMSON
DIRECTOR0.500.50Yes (X)$0$0$0
MICHELLE ADAMS
VICE CHAIR0.500.50Yes (X)$0$0$0Yes (X)
ROBERT BILLINGSLEY
DIRECTOR0.500.50Yes (X)$0$0$0
LOUIS BRAUSE
DIRECTOR0.500.50Yes (X)$0$0$0
WILLIAM G COHEN
DIRECTOR0.500.50Yes (X)$0$0$0
FRANCES A DELGORIO
DIRECTOR0.500.50Yes (X)$0$0$0
PETER S DUNCAN
DIRECTOR0.500.50Yes (X)$0$0$0
STEVEN DURELS
DIRECTOR0.500.50Yes (X)$0$0$0
DOUGLAS DURST
DIRECTOR0.500.50Yes (X)$0$0$0
JOHN J GILBERT III
DIRECTOR0.500.50Yes (X)$0$0$0
DAVID GREENBAUM
DIRECTOR0.500.50Yes (X)$0$0$0
MARK GROSSICH
DIRECTOR0.500.50Yes (X)$0$0$0
N RICHARD KALIKOW
DIRECTOR0.500.50Yes (X)$0$0$0
PETER S KALIKOW
CHAIR0.500.50Yes (X)$0$0$0Yes (X)
ANDREW D LEVIN
DIRECTOR0.500.50Yes (X)$0$0$0
PATRICK LEYDEN
DIRECTOR0.500.50Yes (X)$0$0$0
JOHN L MASCIALINO
TREASURER0.500.50Yes (X)$0$0$0Yes (X)
PETER L MALKIN
DIRECTOR0.500.50Yes (X)$0$0$0
DUNCAN MCCUAIG
DIRECTOR0.500.50Yes (X)$0$0$0
SUSAN MENDIK
DIRECTOR0.500.50Yes (X)$0$0$0
CARLY MILLER
DIRECTOR0.500.50Yes (X)$0$0$0
MARLA MILLER
DIRECTOR0.500.50Yes (X)$0$0$0
HOWARD P MILSTEIN
DIRECTOR0.500.50Yes (X)$0$0$0
MAURICE MOINIAN
DIRECTOR0.500.50Yes (X)$0$0$0
DAVID V POLITANO
DIRECTOR0.500.50Yes (X)$0$0$0
MICHAEL J REGAN
DIRECTOR0.500.50Yes (X)$0$0$0
ABY ROSEN
DIRECTOR0.500.50Yes (X)$0$0$0
JOHN SCHAFER
DIRECTOR0.500.50Yes (X)$0$0$0
NORMAN STURNER
DIRECTOR0.500.50Yes (X)$0$0$0
JOHN J WHALEN
DIRECTOR0.500.50Yes (X)$0$0$0
JAMES WHELAN
DIRECTOR0.500.50Yes (X)$0$0$0
ALAN WIENER
DIRECTOR0.500.50Yes (X)$0$0$0
BILL DE BLASIO
DIRECTOR0.500.50Yes (X)$0$0$0
SCOTT STRINGER
DIRECTOR0.500.50Yes (X)$0$0$0
GALE BREWER
DIRECTOR0.500.50Yes (X)$0$0$0
KEITH POWERS
DIRECTOR0.500.50Yes (X)$0$0$0
ALFRED C CERULLO III
PRESIDENT/CEO.45.005.00$515,163$0$19,287Yes (X)
MARC WURZEL
ASSISTANT SECRETARY45.005.00$229,656$0$14,307Yes (X)
ROBERT ADINOLFI
ASSISTANT TREASURER45.005.00$191,733$0$45,495Yes (X)
ROCHELLE PATRICOF
1ST VICE PRESIDENT45.005.00$197,678$0$45,629Yes (X)
GEORGE TWILL
2ND VICE PRESIDENT45.005.00$222,512$0$46,099Yes (X)
LINDSAY E EASON
DIR. OF FIELD OPERATIONS45.005.00$139,926$0$2,799Yes (X)
STEVEN SCHWARTZ
ASSISTANT COMPTROLLER45.005.00$116,067$0$16,115Yes (X)
DUANE ROGGENDORFF
DIR. OF EXTERNAL AFFAIRS45.005.00$112,727$0$16,033Yes (X)
ALBERTA ANCRUM
DEPUTY DIR. OF FIELD OPERATIONS45.005.00$109,169$0$13,687Yes (X)
KENT GRZECZKA
DIR. CAPITAL PROJECTS & MAINT.45.005.00$122,167$0$2,076Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,956,798TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$221,527TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K10IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CITY 1 MAINTENANCE INC
98 4TH ST STE 313BROOKLYNNY11231CONSTRUCTION/MAINTENANCE$615,509
GREY
200 FIFTH AVENUENEW YORKNY10010BRANDING AND MARKETING$203,542
LITTLER MENDELSON PC
PO BOX 207137DALLASTX75320LEGAL SERVICES$117,296
STREETPLUS COMPANY LLC
154 CONOVER STBROOKLYNNY11231CLEANING SERVICES$108,084
E-J ELECTRIC INSTALLATION CO
46-41 VERNON BLVDLONG ISLAND CITYNY11101ELECTRICAL CONTRACTING$105,365
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$1,549,870GovernmentGrantsAmt
All Other Contributions$5,000AllOtherContributionsAmt
Total Contributions$1,554,870TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TAX ASSESSMENTS900099$12,709,372$12,709,372
OTHER FEES & CONTRACTS900099$438,960$438,960
FieldValueIRS element (for citing)
Total Program Service Revenue$13,148,332TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$115,249TotalRevenueColumnAmt
Exclusion$115,249ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$318,750RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$151,092RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$167,658RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$167,658TotalRevenueColumnAmt
Related Or Exempt Func Income$167,658RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,250,270SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,250,270SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$212,414FundraisingGrossIncomeAmt
Fundraising Direct Expenses$176,444FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$35,970TotalRevenueColumnAmt
Exclusion$35,970ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,022,079TotalRevenueColumnAmt
Related Or Exempt Func Income$13,315,990RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$151,219ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$35,000TotalAmt
Program Services$35,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,407,936TotalAmt
Program Services$1,016,585ProgramServicesAmt
Management And General$391,351ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,597,034TotalAmt
Program Services$5,037,179ProgramServicesAmt
Management And General$559,855ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$57,849TotalAmt
Program Services$51,627ProgramServicesAmt
Management And General$6,222ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,292,690TotalAmt
Program Services$1,153,643ProgramServicesAmt
Management And General$139,047ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$652,765TotalAmt
Program Services$582,551ProgramServicesAmt
Management And General$70,214ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$65,187TotalAmt
Program Services$49,231ProgramServicesAmt
Management And General$15,956ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$38,250TotalAmt
Management And General$38,250ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,282,858TotalAmt
Program Services$1,195,012ProgramServicesAmt
Management And General$87,846ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$144,957TotalAmt
Program Services$113,090ProgramServicesAmt
Management And General$31,867ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$761,912TotalAmt
Program Services$373,816ProgramServicesAmt
Management And General$388,096ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$257,160TotalAmt
Program Services$257,160ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,421,019TotalAmt
Program Services$1,397,021ProgramServicesAmt
Management And General$23,998ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$457,036TotalAmt
Program Services$418,447ProgramServicesAmt
Management And General$38,589ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES$247,376$232,174$15,202
MAINTENANCE$69,006$66,110$2,896
DUES, MEMBERSHIPS$37,827$23,782$14,045
TRAVEL AND MEETINGS$17,176$11,132$6,044

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$13,843,038TotalAmt
Program Services$12,013,560ProgramServicesAmt
Management And General$1,829,478ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$86,972BOYAmt
EOY$427,335EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,325,947BOYAmt
EOY$3,121,911EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$150,434BOYAmt
EOY$129,125EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$431,420BOYAmt
EOY$443,112EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$41,083,067LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$34,744,968LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$7,439,645BOYAmt
EOY$6,338,099EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$4,936,083BOYAmt
EOY$3,063,496EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$176,691BOYAmt
EOY$152,531EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,547,192BOYAmt
EOY$13,675,609EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$664,082BOYAmt
EOY$375,486EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$322,813BOYAmt
EOY$308,030EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,726,639BOYAmt
EOY$3,861,029EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$138,500BOYAmt
EOY$94,500EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,852,034BOYAmt
EOY$4,639,045EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,383,051BOYAmt
EOY$8,869,717EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$312,107BOYAmt
EOY$166,847EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,695,158BOYAmt
EOY$9,036,564EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,547,192BOYAmt
EOY$13,675,609EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,179,041ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$162,365NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$435,000CurrentTaxYearMinus1YearAmt
Current Tax Year$1,554,870CurrentTaxYearAmt
Total$1,989,870TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,709,372CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,709,372CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,709,372CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,709,372CurrentTaxYearMinus1YearAmt
Current Tax Year$12,709,372CurrentTaxYearAmt
Total$63,546,860TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,709,372CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,709,372CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,709,372CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,144,372CurrentTaxYearMinus1YearAmt
Current Tax Year$14,264,242CurrentTaxYearAmt
Total$65,536,730TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$65,536,730PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$308,599CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$298,987CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$292,783CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$551,430CurrentTaxYearMinus1YearAmt
Current Tax Year$433,999CurrentTaxYearAmt
Total$1,885,798TotalAmt
FieldValueIRS element (for citing)
Total Support$67,422,528TotalSupportAmt
Gross Receipts Rltd Activities$3,568,153GrossReceiptsRltdActivitiesAmt
Public Support CY1700.97200PublicSupportCY170Pct
Public Support PY1700.97270PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$9,713FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$9,713FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$13,833,325FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$13,843,038FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$842,152FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$210,538FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$786,324CurrentYearMinus3Amt
Current Year Minus2$828,137CurrentYearMinus2Amt
Current Year Minus1$860,598CurrentYearMinus1Amt
Current Year$842,152CurrentYearAmt
Total$3,317,211TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$4,975,817LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$12,235CurrentYearMinus3Amt
Current Year Minus2$11,659CurrentYearMinus2Amt
Current Year Minus1$8,191CurrentYearMinus1Amt
Current Year$9,713CurrentYearAmt
Total$41,798TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$196,581CurrentYearMinus3Amt
Current Year Minus2$207,034CurrentYearMinus2Amt
Current Year Minus1$215,150CurrentYearMinus1Amt
Current Year$210,538CurrentYearAmt
Total$829,303TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,243,955GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$0CurrentYearMinus3Amt
Current Year Minus2$0CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePAGE 2 - LINES 1B AND 2CFormAndLineReferenceDesc
ExplanationWHILE GCP IS NOT ENGAGED IN DIRECT LOBBYING ACTIVITIES, THE AMOUNTS REFLECTED ON SCHEDULE C PAGE 2 IS THE PORTION OF DUES PAID TO OTHER ORGANIZATIONS THAT ENGAGE IN LOBBYING ACTIVITIES.ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,286,606OtherCostOrOtherBasisAmt
Depreciation$1,879,772DepreciationAmt
Book Value$406,834BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$146,257OtherCostOrOtherBasisAmt
Depreciation$146,257DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$38,650,204OtherCostOrOtherBasisAmt
Depreciation$32,718,939DepreciationAmt
Book Value$5,931,265BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$6,338,099TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescCERTIFICATES OF DEPOSITDesc
Book Value$3,063,496BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$3,063,496TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescACCRUED BOND INTERESTDesc
Amt$94,500Amt
FieldValueIRS element (for citing)
Total Liability$94,500TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$15,184,444TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$162,365NetUnrealizedGainsInvstAmt
Revenue Not Reported$162,365RevenueNotReportedAmt
Revenue Subtotal$15,022,079RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$15,022,079TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$13,843,038TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$13,843,038ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$13,843,038TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GRAND GOURMETEvent1Nm
Gross Receipts Event1$212,414GrossReceiptsEvent1Amt
Gross Revenue Event1$212,414GrossRevenueEvent1Amt
Other Direct Expenses Event1$176,444OtherDirectExpensesEvent1Amt
Gross Receipts Total$212,414GrossReceiptsTotalAmt
Gross Revenue Total Events$212,414GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$176,444OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$176,444DirectExpenseSummaryEventsAmt
Net Income Summary$35,970NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1GRAND CENTRAL NEIGHBORHOOD SOCIAL SERVICES CORPORATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 EAST 32ND STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
FieldValueIRS element (for citing)
Recipient EIN133534255RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$35,000CashGrantAmt
Purpose Of GrantGENERAL SUPPORTPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS ARE AWARDED BASED ON SPECIFIC CRITERIA AND ARE APPROVED BY THE BOARD COMMITTEE THAT OVERSEES ALL RECIPIENTS OF GRANTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ALFRED C CERULLO III
PRESIDENT/CEO.$515,163$0$0$0$0$0$5,600$0$13,687$0$534,450$0$0$0
MARC WURZEL
ASSISTANT SECRETARY$229,656$0$0$0$0$0$0$0$14,307$0$243,963$0$0$0
ROBERT ADINOLFI
ASSISTANT TREASURER$191,733$0$0$0$0$0$4,096$0$41,399$0$237,228$0$0$0
ROCHELLE PATRICOF
1ST VICE PRESIDENT$197,678$0$0$0$0$0$4,230$0$41,399$0$243,307$0$0$0
GEORGE TWILL
2ND VICE PRESIDENT$222,512$0$0$0$0$0$4,700$0$41,399$0$268,611$0$0$0

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1GRAND CENTRAL DISTRICT MANAGEMENT ASSOCIATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN133520221BondIssuerEIN
CUSIP38526CCN6CUSIPNum
Bond Issued2013-12-18BondIssuedDt
Issue Price$14,886,334IssuePriceAmt
PurposeFULL BOND DISCLOSURE ON GCPDMA 990 #13-3520221PurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$14,886,334TotalProceedsAmt
Refunding Escrow$14,692,578RefundingEscrowAmt
Issuance Costs From Proceeds$193,756IssuanceCostsFromProceedsAmt
Substantial Completion2014SubstantialCompletionYr
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
PETER L MALKIN
BOARD DIRECTOR$4,289OUTSIDE SPACE - THE ORGANIZATION LEASES EXTERIOR SPACE FOR SUPPLEMENTAL PUBLIC LIGHTING, AND PAYS ONLY FOR RELATED ELECTRICAL COSTS, ON A COMMERCIAL OFFICE BUILDING RELATED TO A BOARD MEMBER.0
BILL DE BLASIO
BOARD DIRECTOR - IS THE MAYOR OF THE CITY OF NEW YORK$229,009ECO DEV SPACE - THE ORGANIZATION LEASES ECONOMIC DEVELOPMENT SPACE FROM THE CITY OF NEW YORK.0
HOWARD MILSTEIN
BOARD DIRECTOR$3,679OUTSIDE SPACE - THE ORGANIZATION LEASES EXTERIOR SPACE FOR SUPPLEMENTAL PUBLIC LIGHTING, AND PAYS ONLY FOR RELATED ELECTRICAL COSTS, ON A COMMERCIAL OFFICE BUILDING RELATED TO A BOARD MEMBER.0
STEVEN DURELS
BOARD DIRECTOR$4,244OUTSIDE SPACE - THE ORGANIZATION LEASES EXTERIOR SPACE FOR SUPPLEMENTAL PUBLIC LIGHTING, AND PAYS ONLY FOR RELATED ELECTRICAL COSTS, ON A COMMERCIAL OFFICE BUILDING RELATED TO A BOARD MEMBER.0
JAMES WHELAN
BOARD DIRECTOR$1,050THE ORGANIZATION PAYS DUES TO AN ENTITY WHICH THE BOARD MEMBER SERVES AS THE PRESIDENT.0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6MEMBERSHIP TO THE ORGANIZATION OCCURS WITH ELECTION TO THE BOARD.
FORM 990, PART VI, SECTION A, LINE 7AMEMBERS ELECT THE BOARD OF DIRECTORS AT EVERY OTHER ANNUAL MEETING. MEMBERS MAY FILL VACANCIES OR REMOVE A BOARD MEMBER AT ANY ANNUAL OR REGULAR MEMBERSHIP MEETING.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 HAS BEEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEW FINANCIAL AND AUDIT MATTERS PRIOR TO FILING. THE FINAL 990 (FILED WITH THE IRS) WILL BE AVAILABLE AT THE NEXT MEETING OF THE BOARD FOR INSPECTION. IN ADDITION, UPON REQUEST OF ANY BOARDMEMBER, A COPY WILL BE PROVIDED. IF THERE ARE ANY MATERIAL CHANGES, AN AMENDED 990 WILL BE FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSED INFORMATION.
FORM 990, PART VI, SECTION B, LINE 15THIS REVIEW INCLUDES RESEARCHING GUIDESTAR, 990S, NY NON-PROFIT NETWORK ANNUAL SALARY SURVEY, PHONE CALLS TO OTHER ORGANIZATIONS TO COLLECT DATA.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE, OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
SCHEDULE LTHE ORGANIZATION LEASES SPACE OWNED BY THE CITY OF NY UNDER THE PERSHING SQUARE VIADUCT WHICH WAS DEVELOPED FOR THE OPERATION OF A RESTAURANT. THE ORGANIZATION PAYS RENT, ADDITIONAL RENT, AND MAKES A PAYMENT IN LIEU OF TAXES (PILOT) TO THE CITY UNDER THE LEASE. REPRESENTATIVES OF THE CITY OF NEW YORK SERVE AS DIRECTORS OF THIS ORGANIZATION. ROBERT L BILLINGSLEY, A BOARD MEMBER, IS ALSO A VICE PRESIDENT OF CUSHMAN & WAKEFIELD, A REAL ESTATE MANAGEMENT FIRM. CUSHMAN & WAKEFIELD IS THE MANAGING AGENT OF 122 EAST 42ND STREET AND COLLECTS RENT FROM THE ORGANIZATION FOR LEASING THE SPACE FOR OUR EXECUTIVE OFFICES.
SCHEDULE RGCP-GCDMA RELATIONSHIP PURSUANT TO A MANAGEMENT AGREEMENT DATED JULY 1991 BETWEEN GRAND CENTRAL DISTRICT MANAGEMENT ASSOCIATION (GCDMA) AND GRAND CENTRAL PARTNERSHIP (GCP), GCDMA RETAINS GCP TO ADMINISTER THE REQUIRED SUPPLEMENTAL SERVICES, AND TURNS OVER ALL ASSESSMENT REVENUES TO GCP TO FINANCE THE DELIVERY OF SUCH SERVICES IN THE GRAND CENTRAL BUSINESS IMPROVEMENT DISTRICT.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1GRAND CENTRAL DISTRICT MANAGEMENT ASSOCIATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1122 EAST 42ND STREET NO 601AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10168ZIPCd
FieldValueIRS element (for citing)
EIN133520221EIN
Primary ActivitiesPROMOTE THE VITALITY AND ECONOMIC GROWTH OF THE BUS. IMPROVEMENT DISTRICT.PrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity Status170(B)(1) (A)(VI)PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1GRAND CENTRAL DISTRICT MANAGEMENT ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeSTransactionTypeTxt
Involved$12,540,676InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt