2021-04-21T07:44:53-05:00 2020-06-30 EISNERAMPER LLP 733 THIRD AVENUE NEW YORK NY 100172703 990 2019-07-01 136533158 ASPHALT GREEN INC % DEAN SOMER ASPH 6469812237 555 EAST 90TH STREET NEW YORK NY 10128 MARGARET M SIEGEL EXECUTIVE DIRECTOR 6469812280 2021-04-16 true WILLIAM EPSTEIN P01307171 2129498700 2019 2022-09-23 18:48:47Z MARGARET M SIEGEL 555 EAST 90TH STREET NEW YORK NY 10128 29664544 false X www.asphaltgreen.org X 1975 NY ASPHALT GREEN IS A NOT-FOR-PROFIT SPORTS ORGANIZATION DEDICATED TO ASSISTING INDIVIDUALS OF ALL AGES AND BACKGROUNDS TO ACHIEVE HEALTH THROUGH SPORTS AND FITNESS. 22 20 1055 50 0 0 4749864 4665753 25645479 21245012 368698 475505 0 0 30764041 26386270 0 0 0 0 19392361 18392816 0 0 749383 11132079 10526674 30524440 28919490 239601 -2533220 38869940 36884689 12088349 12197902 26781591 24686787 X ASPHALT GREEN, INC. ("ASPHALT GREEN") IS A NEW YORK CITY NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ASSISTING INDIVIDUALS OF ALL AGES AND BACKGROUNDS TO ACHIEVE HEALTH THROUGH A LIFETIME OF SPORTS AND FITNESS. ASPHALT GREEN HAS TWO CAMPUSES IN NEW YORK CITY (THE "CITY"): ONE ON THE UPPER EAST SIDE ("AG") AND THE OTHER IN BATTERY PARK CITY ("AGBPC"). THE AG CAMPUS INCLUDES THE GEORGE AND ANNETTE MURPHY CENTER; THE AQUA CENTER (WHICH HOUSES THE CITY'S FIRST INDOOR, OLYMPIC-SIZED POOL OPEN TO THE COMMUNITY AT LARGE); A SUPERTURF PLAYING FIELD; DEKOVATS PARK; AND SUNDIAL PLAZA. FORMED IN 1972, ASPHALT GREEN CONVERTED AN ABANDONED MUNICIPAL ASPHALT PLANT INTO A SPORTS AND ARTS CENTER WITH TWO GYMNASIUMS, BASKETBALL COURTS, AND AN INDOOR RUNNING TRACK. PROGRAMS FOR YOUNG PEOPLE ARE DESIGNED TO CHALLENGE THE INTELLECTUAL, CREATIVE AND PHYSICAL ABILITIES OF THE PARTICIPANTS. THE CITY RETAINS OWNERSHIP OF THE AG CAMPUS, AND ASPHALT GREEN IS RESPONSIBLE FOR EQUIPPING, OPERATING AND MAINTAINING THE false false 7375082 5575509 FACILITIES USAGE - INCLUDES USAGE OF POOL AND FITNESS CENTER. BENEFITED APPROXIMATELY 11,000 PEOPLE PER YEAR. 12053786 14587576 PROGRAMS - INCLUDES AQUATICS, EXERCISE PROGRAMS, SPORTS, MARTIAL ARTS, AND CAMPS. BENEFITED APPROXIMATELY 29,000 PEOPLE PER YEAR. 3428391 FREE COMMUNITY PROGRAMS & USAGE - INCLUDES USAGE OF POOL, FIELD, GYM, THEATER, SPORTS, AQUATICS AND OTHER PROGRAMS. BENEFITED APPROXIMATELY 50,000 PEOPLE PER YEAR. 1048155 1081927 23905414 true true false true false false false false false true true false false false true true true false false false false false false false true false false false false true false false false false false false false true true false false false false false false false false true 106 0 1055 true true true false false false false true true false false false false false false X 22 20 true false false false false false false true true false false true true true true true true true true false NY X DEAN SOMER 6469812237 555 EAST 90TH STREET NEW YORK NY 10128 X MARGARET SIEGEL EXECUTIVE DIRECTOR 40.0 0.0 X 369419 0 30385 MARCUS FARNY CHIEF OPERATING OFFICER 40.0 0.0 X 219901 0 29132 SARAH BENNETT CHIEF MARKETING OFFICER 40.0 0.0 X 203346 0 19255 DAVID RODRIGUEZ DIRECTOR OF AQUATICS 40.0 0.0 X 180640 0 14106 RAMESHWAR DEOKARAN LEAD OPERATING ENGINEER 40.0 0.0 X 149975 0 27449 DEAN SOMER DIRECTOR OF FINANCE 40.0 0.0 X 150732 0 17009 STEVE HYDEN DIRECTOR OF TECHNOLOGY 40.0 0.0 X 138981 0 27211 REGINA A YOA-REESE DIRECTOR OF HUMAN RESOURCES 40.0 0.0 X 133221 0 21507 VINITHA SURESH SENIOR DATA ANALYST 40.0 0.0 X 132437 0 21524 PEDRO RAICOVICH CHIEF ADMINISTRATIVE OFFICER 40.0 0.0 X 127028 0 24167 DAVID LUDWIG DIRECTOR OF COMMUNITY PROGRAMS 40.0 0.0 X 121462 0 13975 Caroline Hribar CO-CHAIR 2.0 0.0 X X 0 0 0 Barrie R Zesiger CO-CHAIR 2.0 0.0 X X 0 0 0 Locky Traschel Vice-Chair 2.0 0.0 X X 0 0 0 Robert Wu TREASURER 2.0 0.0 X X 0 0 0 Andrea Wenner Hollander Secretary 2.0 0.0 X X 0 0 0 Jon Banner Director 2.0 0.0 X 0 0 0 Christa D'Alimonte Director 2.0 0.0 X 0 0 0 Justin Derfner Director 2.0 0.0 X 0 0 0 William S Eakins Director 2.0 0.0 X 0 0 0 Kirsten J Feldman Director 2.0 0.0 X 0 0 0 Rowdy Gaines Director 2.0 0.0 X 0 0 0 Samuel J Jemal Director 2.0 0.0 X 0 0 0 James Kinderknecht MD Director 2.0 0.0 X 0 0 0 David Mitnick Director 2.0 0.0 X 0 0 0 Thomas Newman Director 2.0 0.0 X 0 0 0 Andrew J Nussbaum Director 2.0 0.0 X 0 0 0 Ned Offit Director 2.0 0.0 X 0 0 0 Damon Pazzaglini Director 2.0 0.0 X 0 0 0 Travis Rundlet Director 2.0 0.0 X 0 0 0 Wendy Sacks Director 2.0 0.0 X 0 0 0 Patricia A Saunders Director 2.0 0.0 X 0 0 0 Albert L Zesiger Director 2.0 0.0 X 0 0 0 1927142 0 245720 15 false true false METRO TEAM OUTFITTERS 75 NASSAU TERMINAL ROAD NEW HYDE PARK NY 11040 ATHLETIC SUPPLIES 242184 THE RAINBOW ROOM 30 ROCKEFELLER PLAZA NEW YORK NY 10112 SPACE RENTAL 101990 EAGLE ELECTRICAL CONTRACTING 19 INDIAN PATH MILLSTONE NJ 08535 ELECTRICIAN 106534 VENABLE LLP POST OFFICE BOX 62727 BALTIMORE MD 21264 LEGAL FEES 148149 HELPERN ARCHITECTS PC 401 LAFAYETTE 4TH FLOOR NEW YORK NY 10003 ARCHITECTS 117373 5 860988 912734 2892031 219719 4665753 FACILITIES USAGE 713940 5575509 5575509 PROGRAMS 713940 14587576 14587576 FACILITIES RENTAL 532000 1081927 1081927 21245012 452025 452025 0 0 0 0 0 3294826 6928 3278274 0 16552 6928 23480 23480 0 860988 0 0 0 0 0 0 0 0 0 26386270 21245012 475505 0 0 0 0 1269740 731154 414093 124493 0 14564852 12852647 1361613 350592 58058 48907 6851 2300 1038492 874806 122541 41145 1461674 1231286 172476 57912 0 78918 78918 74500 74500 60050 30025 30025 0 120027 120027 361492 87441 271551 2500 485641 419445 52980 13216 92072 76306 11785 3981 0 0 513201 492673 10264 10264 371975 343801 26401 1773 0 0 16269 16269 0 3033343 2912010 60667 60666 837969 799921 21888 16160 FOOD CATERING 63003 29681 244 33078 MAINTENANCE AND GROUNDS 1327077 1042420 263297 21360 BUILDING SUPPLIES 1922865 1905728 7773 9364 CREDIT CARD PROCESSING 768459 768459 399813 27163 372071 579 28919490 23905414 4264693 749383 X 245045 238890 6155 2775970 3577509 1514112 1378208 1665327 778086 334946 285596 0 0 0 0 0 0 0 0 592797 263571 69384831 54259935 16584843 15124896 14327973 14386360 555441 470511 0 0 0 0 518531 619952 38869940 36884689 3237765 2538452 0 0 7384903 4943990 0 0 0 0 0 0 0 659543 898128 3506590 567553 549327 12088349 12197902 X 19909585 16622880 6872006 8063907 26781591 24686787 38869940 36884689 X -2533220 448518 -10102 X false true X true false X 3292742 2768413 2980845 4749864 4665753 18457617 23272443 24629654 25044254 25639973 21245012 119831336 0 0 0 26565185 27398067 28025099 30389837 25910765 138288953 438938 558215 478188 796489 431851 2703681 925000 525000 0 0 902734 2352734 1363938 1083215 478188 796489 1334585 5056415 133232538 189222 406169 362025 455644 452025 1865085 267650 191327 151007 5506 0 615490 456872 597496 513032 461150 452025 2480575 0 0 27022057 27995563 28538131 30850987 26362790 140769528 0.94646 0.94902 0.01762 0.01609 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60050 60050 120100 23845364 23965464 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 57500 65100 63792 60050 246442 250000 250000 250000 250000 1000000 1500000 57500 65100 63792 60050 246442 SCHEDULE C PART II-A FEES WERE PAID TO A CONSULTANT TO SECURE FUNDING FROM NEW YORK CITY FOR ASPHALT GREEN'S COMMUNITY PROGRAMS SUCH AS WATERPROOFING, COMMUNITY SPORTS LEAGUE, AND RECESS ENHANCEMENT PROGRAM, AS WELL AS CAPITAL PROJECTS SUCH AS THE AQUA CENTER AND MURPHY CENTER. THE CONSULTANT PROVIDES ADVISORY SERVICES AND SCHEDULES MEETINGS FOR THE EXECUTIVE DIRECTOR AND COUNCIL MEMBERS. 5139006 438936 169416 5408526 4522008 777702 160704 5139006 4222097 461269 161358 4522008 3889531 501602 169036 4222097 3808302 257417 176188 3889531 0.38500 0.61500 false false 45987824 37593034 8394790 16983184 12208252 4774932 6413823 4458649 1955174 15124896 0 DEFERRED RENT LIABILITY 549327 549327 X 26781287 448518 66526 515044 26266243 120027 120027 26386270 28876091 66526 10102 76628 28799463 120027 120027 28919490 PARTS V, LINE 4 TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT SUCH AS SPORTS AND FITNESS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2 Asphalt Green follows the provisions of the Financial Accounting Standards Board's (the "FASB") Accounting Standards Codification ("ASC") Topic 740, Income Taxes, relating to accounting and reporting for uncertainty in income taxes. For Asphalt Green, ASC Topic 740 is potentially applicable to the incurrence of unrelated business income attributable to the rental of certain facilities. However, due to its general not-for-profit status, management believes ASC Topic 740 has not had, and is not anticipated to have, a material impact on Asphalt Green's financial statements. PART XII, LINE 2D BAD DEBT EXPENSE AMOUNTS OF $10,102, INCLUDED IN EXPENSES PER THE AUDITED FINANCIAL STATEMENTS, BUT NOT INCLUDED IN EXPENSES PER THE RETURN. GALA 860988 860988 0 860988 860988 X false false false false false false false true false MARGARET SIEGEL EXECUTIVE DIRECTOR 333402 0 34000 0 2017 0 25200 0 5185 0 399804 0 MARCUS FARNY CHIEF OPERATING OFFICER 208026 0 11000 0 875 0 15470 0 13662 0 249033 0 SARAH BENNETT CHIEF MARKETING OFFICER 190409 0 12000 0 937 0 14070 0 5185 0 222601 0 DEAN SOMER DIRECTOR OF FINANCE 142445 0 7600 0 687 0 11102 0 5910 0 167744 0 DAVID RODRIGUEZ DIRECTOR OF AQUATICS 165680 0 7000 0 7960 0 8344 0 5762 0 194746 0 RAMESHWAR DEOKARAN LEAD OPERATING ENGINEER 91263 0 2500 0 56212 0 7512 0 19937 0 177424 0 PEDRO RAICOVICH CHIEF ADMINISTRATIVE OFFICER 119403 0 7000 0 625 0 5792 0 18375 0 151195 0 VINITHA SURESH SENIOR DATA ANALYST 129937 0 2500 0 0 0 6700 0 14824 0 153961 0 STEVE HYDEN DIRECTOR OF TECHNOLOGY 135044 0 3500 0 437 0 7275 0 19936 0 166192 0 REGINA A YOA-REESE DIRECTOR OF HUMAN RESOURCES 125721 0 7000 0 500 0 6750 0 14757 0 154728 0 PART I, LINE 3 COMPENSATION PROCEDURES: THE EVALUATION WAS UNDERTAKEN BY THE COMPENSATION COMMITTEE. THE RESULTS OF THE EVALUATION AND REVIEW WERE SHARED AND DISCUSSED WITH OTHER BOARD MEMBERS. PART I, LINE 7 DISCRETIONARY BONUSES ARE AWARDED TO EXECUTIVE DIRECTOR, TOP MANAGEMENT, FULL-TIME AND PART-TIME EMPLOYEES BASED ON THE LEVEL OF THE EMPLOYEE'S POSITION, THE PERFORMANCE OF THE EMPLOYEE AGAINST PREDETERMINED AND AGREED-UPON PERFORMANCE OBJECTIVES AND THE PERFORMANCE OF THE ORGANIZATION VERSUS THE ANNUAL BUDGET APPROVED BY THE BOARD OF DIRECTORS PRIOR TO THE START OF THE FISCAL YEAR. ALBERT AND BARRIE ZESIGER BOARD MEMBERS 5895 PAYMENT OF INV ADVISORY FEES false X 6 219719 FMV false false true QUESTION 32A ASPHALT GREEN USES ITS BROKER TO SELL DONATED SECURITIES. FORM 990 - PART III - LINE 4D OTHER PROGRAM SERVICES INCLUDES THE FOLLOWING: 1) FACILITIES RENTAL - INCLUDES THE RENTAL OF THE POOL, GYM, THEATER, STUDIOS AND ASTROTURF FIELD. 2)The ASPHALT GREEN BATTERY PARK CITY facility formally began its operations in June 2013 under an amended Management-Services Agreement (the "March 2013 agreement"). Under this March 2013 agreement, BATTERY PARK CITY AUTHORITY leased to Asphalt Green the Premises as defined in the agreement. The premises are leased for a term of approximately ten years, which started on May 1, 2013 and will end in June 2023, or on the last day of any extended term pursuant to the lease agreement. Rental payments will be calculated on a fee structure that is based on a percentage of AGPBC's operating revenue and the payments will begin on July 1, 2019. The estimated future minimum rental payments, through fiscal-yearS 2021, 2022, 2023, are $209,644, $242,881, and $274,850, respectively, totaling $727,735. FORM 990 - PART VI - SECTION A - LINE 2 DIRECTOR RELATIONSHIPS: BARRIE AND ALBERT ZESIGER ARE HUSBAND AND WIFE. FORM 990 - PART VI - SECTION B - LINE 11B REVIEW OF 990: A COPY OF THE 990 IS DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING, AND IS REVIEWED IN DETAIL BY THE TREASURER. FORM 990 - PART VI - SECTION B - LINE 12C MONITORING OF CONFLICT OF INTEREST POLICY: ON AN ANNUAL BASIS, ASPHALT GREEN REQUIRES THAT ALL DIRECTORS, OFFICERS AND SENIOR MANAGEMENT SIGN THE CONFLICT OF INTEREST POLICY FORM. FORM 990 - PART VI - SECTION B - LINE 15A & 15B COMPENSATION PROCEDURES: THE EVALUATION WAS UNDERTAKEN BY THE COMPENSATION COMMITTEE. THE RESULTS OF THE EVALUATION AND REVIEW WERE SHARED AND DISCUSSED WITH THE OTHER BOARD MEMBERS. FORM 990 - PART VI - SECTION C - LINE 19 PUBLIC AVAILABILITY OF DOCUMENTS: ASPHALT GREEN WILL PROVIDE THE AUDITED FINANCIAL STATEMENTS UPON FORMAL WRITTEN REQUEST. FORM 990 - PART XI - LINE 9 BAD DEBT EXPENSE AMOUNTS OF $10,102, INCLUDED IN EXPENSES PER THE AUDITED FINANCIAL STATEMENTS, BUT NOT INCLUDED IN EXPENSES PER THE RETURN.