2020-06-23T09:35:46-05:00 2019-08-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2018-09-01 131096640 NEW YORK ATHLETIC CLUB NEWY 2127677030 180 CENTRAL PARK SOUTH NEW YORK NY 100191562 JAMES J REILLY TREASURER 2127677030 2020-01-02 1 JAMES J REILLY P00183769 2126617777 148.74.170.191 2020-06-17 21:08:53 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6E7FF41942A7D409D7C8B9B6D6B155D83F18E4E4 2018 2020-11-19 02:30:22Z CASEY SULLIVAN 180 CENTRAL PARK SOUTH NEW YORK NY 100191562 68716245 0 X WWW.NYAC.ORG X 1868 NY THE PURPOSE OF THE CLUB IS TO PROMOTE SPORTS, EXERCISE AND ATHLETICS OF EVERY KIND AND TO ENCOURAGE PHYSICAL FITNESS. 19 19 672 90 8180859 286694 321288 309600 26575015 27113297 140064 158199 32353322 34049132 59389689 61630228 544233 345932 0 0 33101222 34169689 0 0 0 25164253 26269999 58809708 60785620 579981 844608 82402682 81733603 8035606 8115617 74367076 73617986 X SEE SCHEDULE O. 0 0 THE NEW YORK ATHLETIC CLUB (THE "CLUB") IS A MEMBER OWNED PRIVATENOT-FOR-PROFIT CLUB ORGANIZED IN 1868. THE PURPOSE OF THE CLUB ISTO PROMOTE AMATEUR SPORTS, EXERCISE AND ATHLETICS OF EVERY KINDAND TO ENCOURAGE PHYSICAL FITNESS. THE CLUB IS FUNDED PRIMARILYTHROUGH DUES, FEES AND CHARGES TO THE MEMBERSHIP FOR USE OF THEFACILITIES. 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 173 0 1 672 1 1 1 0 0 0 1 1 2217098 8251778 0 0 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X EDWARD NAPOLITANO 2127677030 180 CENTRAL PARK SOUTH NEW YORK NY 100191562 JAMES B RAFFERTY PRESIDENT 4.00 X X 0 0 0 REGINA CONROY-KELLER VICE PRESIDENT 4.00 X X 0 0 0 CASEY SULLIVAN TREASURER 4.00 X X 0 0 0 JOHN M NONNA SECRETARY 4.00 X X 0 0 0 THOMAS LYNCH CAPTAIN 4.00 X X 0 0 0 CINDY SPERA-CULLEN MEMBERSHIP 4.00 X 0 0 0 CHRISTOPHER GOLDEN TRAVERS ISLAND 4.00 X 0 0 0 CAROLINE M PURCELL ENGINEERING 4.00 X 0 0 0 ANTHONY ORLANDO RESTAURANT 4.00 X 0 0 0 CURT R CLAUSEN LAW 4.00 X 0 0 0 JONATHAN WELLS ATHLETICS 4.00 X 0 0 0 JOHN DUGGAN PLANNING 4.00 X 0 0 0 PRISCILLA LUNDIN INTRA CLUBS 4.00 X 0 0 0 MILTON LEE ROOMS AND RENTING 4.00 X 0 0 0 JAMES MERCANTE SECURITY, SAFETY & INSURAN 4.00 X 0 0 0 BETTE S RICE TECHNOLOGY & COMMUNICATION 4.00 X 0 0 0 IVAN O'DONNELL ACCOUNTING & AUDITING 4.00 X 0 0 0 JAMES HERSCHLEIN PERSONNEL 4.00 X 0 0 0 JOSEPH MANGAN SOCIAL ACTIVITIES 4.00 X 0 0 0 CEDRIC JONES ATHLETIC DIRECTOR 40.00 X 286610 0 36437 EDWARD NAPOLITANO DIRECTOR OF FINANCE & ADMI 40.00 X 268763 0 32329 ROGER SIMON GENERAL MANAGER 40.00 X 341034 0 30317 JAMES O'BRIEN DIRECTOR OF COMMUNICATION 40.00 X 193083 0 15818 ANTHONY WALTON EXECUTIVE CHEF 40.00 X 187545 0 9372 NESIM ZUBERI BANQUET CAPTAIN 40.00 X 199676 0 0 DANIEL PEREZ ASSISTANT GENERAL MANAGER 40.00 X 193547 0 15401 ARJAN KADIU BANQUET CAPTAIN 40.00 X 199281 0 0 1869539 0 139674 46 0 1 0 RIPPA TENNIS INC 206 CLIFF AVE PELHAM NY 10803 TENNIS PRO 275710 GREEN STAR ENERGY 483 FEDERAL ROAD STE 8 BROOKFIELD CT 06804 ENERGY 192139 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 ACCOUNTING/AUDITING 121296 TOP FLIGHT MUSIC 2728 HENRY HUDSON PARKWAY RIVERDALE NY 10463 MUSIC 110100 4 309600 309600 MEMBERSHIP DUES 900099 21043081 21043081 OPERATING ASSESSMENT 900099 3853118 3853118 INITIATION FEES 900099 2217098 2217098 27113297 156162 156162 261604 0 261604 261604 261604 151585 149548 2037 2037 2037 40300560 6936469 33364091 25791574 7572517 WINGED FOOT MAGAZINE 541800 340628 197934 142694 CREDIT CARD REBATE 900099 45845 45845 423437 61630228 53139769 8180859 0 X 38000 307132 800 964724 24741919 1149980 4718418 2594648 176642 80000 3979 201330 777218 5855932 434808 6915216 791635 EQUIP. MAINT. & RENTALS 3013061 SUPPLIES 1029754 OUTSIDE LAUNDRY SERVICE 1007785 UNRELATED BUS. INC. TAX -257713 6240352 60785620 13501151 12556552 2322294 3088464 2473835 2677036 910499 701276 2630177 2584269 158200119 106127600 52204106 52072519 8360620 8053487 82402682 81733603 5204583 6203846 2831023 1911771 8035606 8115617 X 67501640 66694930 4501261 4558881 2364175 2364175 74367076 73617986 82402682 81733603 X 844608 -456777 -1136921 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7205337 3276698 88981 2552101 8018915 6167394 2408185 1370242 7205337 2656767 2645192 428679 2563244 3167394 5258957 2608112 590028 2800330 5656767 5192546 2833317 61071 2827977 5258957 0.13670 0.29470 0.56860 0 0 3068715 3068715 148483133 102818869 45664264 6648271 3308731 3339540 52072519 1145134 UNEARNED REVENUE 580608 TAXES PAYABLE AND ACCRUED 186029 1911771 67716916 -456777 6936469 6479692 61237224 393004 393004 61630228 68466006 8073390 8073390 60392616 393004 393004 60785620 PART V, LINE 4: BOARD DESIGNATED ASSETS CONSIST OF THE REHABILITATION FUND, PRESERVATION FUND, EMPLOYEE PROVIDENT FUND AND VARIOUS TRUST FUNDS. EXPENDITURES FROM THE REHABILITATION FUND, PRESERVATION FUND, AND PROVIDENT FUND REQUIRE THE APPROVAL OF THE BOARD OF GOVERNORS. CERTAIN OF THE TRUST FUNDS ARE RESTRICTED FOR SPECIFIC PURPOSES. PERMANENT RESTRICTED ASSETS CONSISTS OF THE ENDOWMENT FUND. THE FUND WAS STARTED IN 1969 OF VOLUNTARY CONTRIBUTIONS BY CLUB MEMBERS. THE FUND IS SUBJECT TO OVERSIGHT AND CONTROL OF THE BOARD OF GOVERNORS. PURSUANT TO BOARD OF GOVERNORS RESOLUTIONS, ALL INCOME EARNED ON CONTRIBUTIONS TO THE FUND MAY BE DIRECTED TO THE CLUB'S USE BY A RESOLUTION OF THE BOARD OF GOVERNORS IN THE MANNER THAT THE FUND'S PURPOSE WAS CREATED. THE USE OF THE PRINCIPAL MAY BE DIRECTED TO THE CLUB'S USE BASED ON AN AFFIRMATIVE VOTE OF THE CLUB'S VOTING MEMBERSHIP. THE CLUB CLASSIFIES AS TEMPORARILY RESTRICTED NET ASSETS THE PORTION OF THE ENDOWMENT FUND THAT CONSISTS OF THE INCOME FROM THE INVESTMENTS. THE PURPOSES OF THE ENDOWMENT FUND ARE TO PRESERVE THE FISCAL INDEPENDENCE OF THE CLUB AND PROVIDE A SAFETY NET TO ENSURE THE SECURITY AND STABILITY OF THE CLUB IN THE EVENT OF UNFORESEEN FINANCIAL THREATS AND EMERGENCIES. PURSUANT TO A RESOLUTION OF THE CLUB/S VOTING MEMBERSHIP ADOPTED ON JANUARY, 11 1983, INCOME OF THE ENDOWMENT FUND MAY BE EXPENDED FOR ENDOWMENT FUND PURPOSES WITH THE APPROVAL OF THE ENDOWMENT COMMITTEE AND THE BOARD, EACH BY A MAJORITY VOTE OF THE DIRECTORS PRESENT AT THE MEETING. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,936,469. PART XI, LINE 4B - OTHER ADJUSTMENTS: DEFERRED TAXES 393,004. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,936,469. PENSION ADJUSTMENT 1,136,921. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEFERRED TAXES 393,004. 1 NATIONAL FOOTBALL FOUNDATION 433 LAS CAROLINAS BLVD STE 1130 IRVING TX 07539 221508812 501(C)(3) 38000 SPONSORSHIP 1 STIPENDS 73 307132 PART I, LINE 2: THE BUDGET FOR TOTAL DONATIONS IS APPROVED BY THE BOARD OF GOVERNORS. THE BOARD VOTES AT THE BOARD OF GOVERNOR'S MEETING AND A LETTER IS SENT OUT FOR EACH DONATION THAT IS MADE TO AN ORGANIZATION. THE ACKNOWLEDGEMENT LETTER FROM THE RECIPIENT ORGANIZATION IS KEPT ON FILE AT THE CLUB. THE BOARD APPROVES THE ANNUAL ATHLETICS BUDGETS. THE ATHLETIC COMMITTEE MEETS MONTHLY TO REVIEW ATHLETIC EXPENDITURES. THE CHAIRS OF EACH SPORT DISCUSSES THE NEED FOR STIPENDS AND OTHER EXPENDITURES BASED UPON PERFORMANCE AND NEED; AFTER WHICH HE OR SHE MAKES A MOTION FOR APPROVAL. ONCE THE MOTION IS APPROVED BY THE ATHLETIC COMMITTEE, IT IS SENT TO THE BOARD OF GOVERNORS FOR FINAL APPROVAL. THE STIPENDS AND EXPENDITURES ARE ONLY PAID IF THE MOTION IS APPROVED BY THE BOARD OF GOVERNORS AT ITS MONTHLY MEETING. X 1 1 X X X 0 0 0 CEDRIC JONES ATHLETIC DIRECTOR 271610 0 15000 0 0 0 13814 0 22623 0 323047 0 0 0 EDWARD NAPOLITANO DIRECTOR OF FINANCE & ADMI 244763 0 24000 0 0 0 12334 0 19995 0 301092 0 0 0 ROGER SIMON GENERAL MANAGER 319034 0 22000 0 0 0 16508 0 13809 0 371351 0 0 0 JAMES O'BRIEN DIRECTOR OF COMMUNICATION 180083 0 13000 0 0 0 8327 0 7491 0 208901 0 0 0 ANTHONY WALTON EXECUTIVE CHEF 185113 0 2432 0 0 0 9372 0 0 0 196917 0 0 0 NESIM ZUBERI BANQUET CAPTAIN 198062 0 1614 0 0 0 0 0 0 0 199676 0 0 0 DANIEL PEREZ ASSISTANT GENERAL MANAGER 171547 0 22000 0 0 0 7910 0 7491 0 208948 0 0 0 ARJAN KADIU BANQUET CAPTAIN 197820 0 1461 0 0 0 0 0 0 0 199281 0 0 0 PART III - LINE 1 THE NEW YORK ATHLETIC CLUB (THE "CLUB") IS A CORPORATION AS DEFINED IN SUBPARAGRAPH (A)(5) OF SECTION 102 OF THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK AND IS A PRIVATE MEMBERSHIP ORGANIZATION. THE CLUB IS A TYPE A NOT-FOR-PROFIT CORPORATION UNDER SECTION 201 OF THE N.Y. NOT-FOR-PROFIT CORPORATION LAW. THE PURPOSES OF THE CLUB, NOT FOR PECUNIARY PROFIT OR FINANCIAL GAIN, ARE TO PROMOTE SPORTS, EXERCISE, AND ATHLETICS OF EVERY KIND AND TO ENCOURAGE PHYSICAL FITNESS. FORM 990, PART VI, SECTION A, LINE 6 THE NEW YORK ATHLETIC CLUB WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. THE CATEGORIES OF MEMBERSHIP ARE COMPRISED OF THE FOLLOWING CATEGORIES: LIFE, SENIOR, RESIDENT, PAST PRESIDENTS, NON-RESIDENTS, ASSOCIATE, CHILDREN OF MEMBERS, ATHLETIC, CLERGY, OLYMPIC CHAMPION, MILITARY SERVICE AND HONORARY AND SPECIAL. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE SUBMITS A SLATE OF CANDIDATES TO THE BOARD TO BE VOTED ON BY THE MEMBERS. THE GOVERNORS AND OFFICERS ARE ELECTED BY THE MEMBERS AT THE ANNUAL MEETING. THE CLASS OF VOTING MEMBERS SHALL COMPRISE THE FOLLOWING CATEGORIES: LIFE, SENIOR, RESIDENT AND PAST PRESIDENT. THE BOARD OF GOVERNORS SHALL FILL, BY APPOINTMENT, ANY ELECTIVE OFFICE THAT SHALL BECOME VACANT PRIOR TO THE EXPIRATION OF THE TERM OF SUCH OFFICE AND UNTIL A SUCCESSOR IS ELECTED. FORM 990, PART VI, SECTION A, LINE 7B THE ENDOWMENT FUND WAS STARTED IN 1969 OF VOLUNTARY CONTRIBUTIONS BY CLUB MEMBERS. THE FUND IS SUBJECT TO OVERSIGHT AND CONTROL OF THE BOARD OF GOVERNORS. PURSUANT TO BOARD OF GOVERNORS RESOLUTIONS, ALL INCOME EARNED ON CONTRIBUTIONS TO THE FUND MAY BE DIRECTED TO THE CLUB'S USE BY A RESOLUTION OF THE BOARD OF GOVERNORS IN THE MANNER THAT THE FUND'S PURPOSE WAS CREATED. THE USE OF THE PRINCIPAL MAY BE DIRECTED TO THE CLUB'S USE BASED ON AN AFFIRMATIVE VOTE OF THE CLUB'S VOTING MEMBERSHIP FOR THE PURPOSE THAT THE FUND WAS CREATED. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT PREPARES THE 990. UPON COMPLETION, THE CLUB'S INDEPENDENT ACCOUNTANTS AND DIRECTOR OF FINANCE REVIEW AND APPROVE THE 990 FOR SUBMISSION TO THE A&A COMMITTEE FOR REVIEW. THE A&A COMMITTEE AT A SPECIAL MEETING REVIEWS THE 990 IN DETAIL WITH MANAGEMENT. UPON APPROVAL BY THE A&A COMMITTEE MEETING, THE ACCOUNTING CHAIR REVIEWS THE FORM 990 IN DETAIL WITH THE BOARD, WHERE MANAGEMENT IS ALSO IN ATTENDANCE. AFTER THAT REVIEW, THE BOARD APPROVES FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO GOVERNORS, OFFICERS, KEY EMPLOYEES AND COMMITTEE MEMBERS ANNUALLY. ALL SUCH INDIVIDUALS MUST ATTEST THAT THEY ARE NOT ENGAGED IN ANY CONFLICT OF INTEREST AS DEFINED AS: "NO OFFICER, GOVERNOR OR COMMITTEE PERSON OF THE CLUB SHALL DIRECTLY OR INDIRECTLY, BENEFIT FINANCIALLY FROM OR BECOME INTERESTED IN ANY CONTRACT OR TRANSACTION RELATING TO THE OPERATION AND/OR REAL ESTATE OF THE CLUB OR IN ANY CONTRACT OR TRANSACTION FOR THE FURNISHING OF SUPPLIES OR SERVICES THERETO". IF THERE IS A CONFLICT, THE TRANSACTION MUST THEN BE AUTHORIZED BY THE VOTE OF TWO-THIRDS OF THE ENTIRE BOARD OF GOVERNORS, EXCLUSIVE OF THE VOTE OR VOTES OF ANY INTERESTED GOVERNOR. THE CLUB HAS INTERPRETED THE PHRASE "OFFICER, GOVERNOR OR COMMITTEEMAN" TO INCLUDE THEIR SPOUSE, CHILDREN, PARENTS, SIBLINGS OR A PERSON WHOM THEY HAVE A BUSINESS OR PROFESSIONAL RELATIONSHIP AND/OR EACH FIRM IN WHICH THEY SHALL HAVE A PRESENT OR POTENTIAL INTEREST. THE SIGNED CONFLICT OF INTEREST POLICIES ARE REVIEWED BY THE DIRECTOR OF FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 15 THE CLUB USES A COMPENSATION COMMITTEE WHICH USES COMPENSATION SURVEYS OF COMPARABLE DATA AS PART OF ITS REVIEW ALONG WITH OTHER PERTINENT INFORMATION, IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMPENSATION COMMITTEE PERFORMS AN ANNUAL REVIEW OF THE EXECUTIVE COMMITTEE EMPLOYEE SALARIES AND SUBMITS A SUMMARY REVIEW FOR THE BOARD TO APPROVE. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, HOWEVER THE CLUB'S FINANCIAL STATEMENTS ARE PROVIDED TO ALL CLUB MEMBERS ANNUALLY. FORM 990, PART IX, LINE 24E OTHER EXPENSES 4,668,754. MISC. EXPENSE 1,149,980. LINEN, CHINA & GLASSWARE 421,618. FORM 990, PART XI, LINE 9: PENSION ADJUSTMENT -1,136,921. NYAC ATHLETE'S FUND INC 180 CENTRAL PARK SOUTH NEW YORK NY 10019 133570181 PART VII NY 501(C)(3) 509(A)(1) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 NYAC ATHLETE'S FUND INC O 22962 FMV NYAC ATHLETE'S FUND INC Q 5000 FMV NYAC ATHLETE'S FUND INC R 195128 FMV PART V - LINE 1R & LINE 2(3) THE CLUB ACTS AS AN AGENT FOR THE FUND FROM TIME TO TIME WITH RESPECT TO THE RECEIPT OF FUNDS ON BEHALF OF THE FUND. SUCH FUNDS ARE RECEIVED BY THE CLUB AND TRANSFERRED TO THE FUND.