2018-05-07T10:44:50-05:00 2017-06-30 EisnerAmper LLP 750 Third Avenue New York NY 100172703 990 2016-07-01 136533158 ASPHALT GREEN INC % DEAN SOMER ASPH 6469812237 555 EAST 90TH STREET NEW YORK NY 10128 MARGARET M SIEGEL EXECUTIVE DIRECTOR 6469812280 2018-05-07 true CANDICE METH P01306891 2129498700 2016 2022-09-23 18:48:47Z MARGARET M SIEGEL 555 EAST 90TH STREET NEW YORK NY 10128 31732059 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 20 956 375 191327 -53098 3292742 2768413 23540093 24820981 54493 358480 0 0 26887328 27947874 0 0 0 0 17742427 18053260 0 0 852676 10148795 9791221 27891222 27844481 -1003894 103393 33037461 34299451 8582603 9083502 24454858 25215949 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 6275785 7606518 FACILITIES USAGE - INCLUDES USAGE OF POOL AND FITNESS CENTER. BENEFITED APPROXIMATELY 11,300 PEOPLE PER YEAR. 12784006 16087224 PROGRAMS - INCLUDES AQUATICS, EXERCISE PROGRAMS, GYMNASTICS, SPORTS, MARTIAL ARTS, AND CAMPS. BENEFITED APPROXIMATELY 36,800 PEOPLE PER YEAR. 2324365 FREE COMMUNITY PROGRAMS & USAGE - INCLUDES USAGE OF POOL, FIELD, GYM, THEATRE, SPORTS, AQUATICS AND OTHER PROGRAMS. BENEFITED APPROXIMATELY 28,900 PEOPLE PER YEAR. 1561848 1127239 22946004 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 45 0 true 956 true true true false false false false true true 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 false false NY X DEAN SOMER 6469812237 555 EAST 90TH STREET NEW YORK NY 10128 Andrew J Nussbaum Chairman 2.0 0.0 X X 0 0 0 Kirsten JFeldman Vice-Chair 2.0 0.0 X X 0 0 0 CAROLNE HRIBAR Treasurer 2.0 0.0 X X 0 0 0 Patricia A Saunders Secretary 2.0 0.0 X X 0 0 0 THOMAS NEWMAN Director 2.0 0.0 X 0 0 0 Jon Banner Director 2.0 0.0 X 0 0 0 Rachel N Becker MD Director 2.0 0.0 X 0 0 0 William S Eakins Director 2.0 0.0 X 0 0 0 Rowdy Gaines Director 2.0 0.0 X 0 0 0 ANDREA WENNER HOLLANDER 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 Thomas H Lister Director 2.0 0.0 X 0 0 0 Wendy Mahmouzian Director 2.0 0.0 X 0 0 0 Damon Pazzaglini Director 2.0 0.0 X 0 0 0 Wendy Sacks Director 2.0 0.0 X 0 0 0 DAVID MITNICK Director 2.0 0.0 X 0 0 0 Albert L Zesiger Director 2.0 0.0 X 0 0 0 Barrie R Zesiger Director 2.0 0.0 X 0 0 0 Elizabeth Zuppone Director 2.0 0.0 X 0 0 0 NED OFFIT Director 2.0 0.0 X 0 0 0 LOCKEY TRACHSEL director 2.0 0.0 X 0 0 0 MARGARET SIEGEL EXECUTIVE DIRECTOR 40.0 0.0 X 328116 0 40630 MARCUS FARNY CHIEF OPERATING OFFICER 40.0 0.0 X 81221 0 5667 SARAH BENNETT CHIEF MARKETING OFFICER 40.0 0.0 X 159416 0 6000 JEFFREY WARD CHIEF PROGRAM OFFICER 40.0 0.0 X 189191 0 18850 DEAN SOMER DIRECTOR OF FINANCE 40.0 0.0 X 124928 0 5500 MITCHELL GLENN DIRECTOR OF TECHNOLOGY 40.0 0.0 X 144216 0 13700 THOMAS O'CONNOR DIRECTOR OF OPERATIONS 40.0 0.0 X 142660 0 25875 ERIC CLOTHIER LEAD TRAINER 40.0 0.0 X 118468 0 12087 CYNTHIA TREVOR DIRECTOR DEVELOPMENT 40.0 0.0 X 120854 0 12350 JEANNE YOA REESE DIRECTOR OF HUMAN RESOURCES 40.0 0.0 X 117210 0 23500 JEFFREY DORN FORMER CHIEF OPERATING OFFICER 0.0 0.0 X 199965 0 34852 1726245 0 199011 15 true true false ELITE SERVICE GROUP 40 WEST 27TH STREET 12TH FLOOR NEW YORK NY 10001 CLEANING SERVICE 896967 1 871776 203056 1693581 180721 2768413 FACILITIES USAGE 713940 7606518 7606518 PROGRAMS 713940 16087224 16087224 FACILITIES RENTAL 532000 1127239 935912 191327 24820981 406169 406169 0 0 0 0 0 3676946 10050 3716867 17818 -39921 -7768 -47689 -47689 49500 871776 49500 0 0 0 0 0 0 0 27947874 24629654 191327 358480 0 0 0 0 1032500 307300 555950 169250 0 14246077 12936666 1025092 284319 373695 313481 25859 34355 919271 736162 167443 15666 1481717 1308031 124033 49653 0 73479 73479 66000 66000 57500 28750 28750 0 107419 107419 526610 183251 283343 60016 512284 136088 340137 36059 1743248 1711158 23055 9035 0 0 562204 541723 11244 9237 313070 273249 31928 7893 0 50090 30046 18469 1575 0 0 2555321 2457605 51106 46610 445687 405553 33003 7131 FOOD CATERING 112830 42573 70257 MAINTENANCE AND GROUNDS 1173243 1132551 23503 17189 BUILDING SUPPLIES 304774 294940 6096 3738 CREDIT CARD PROCESSING 549292 549292 638170 106877 529350 1943 27844481 22946004 4045801 852676 X 120930 113156 7774 4607996 4823137 3219409 1587423 643839 1048431 93647 399691 0 0 0 0 0 0 0 0 431697 476126 60040506 46637177 13961257 13403329 9453416 11935114 626200 626200 0 0 0 0 0 0 33037461 34299451 1712987 1763254 0 0 5991639 6321910 0 0 0 0 0 0 0 0 0 0 877977 998338 8582603 9083502 X 19296490 19945421 3076682 3188842 2081686 2081686 24454858 25215949 33037461 34299451 103393 657698 X false true X true false X 3624399 3584309 3319755 3292742 2768413 16589618 16829933 22550717 23657297 23540093 24820981 111399021 0 0 0 20454332 26135026 26977052 26832835 27589394 127988639 263594 578755 632876 438938 558215 2472378 2082570 1365633 581045 925000 525000 5479248 2346164 1944388 1213921 1363938 1083215 7951626 120037013 122370 128525 96973 189222 406169 943259 0 122370 128525 96973 189222 406169 943259 0 248004 31584 279588 20824706 26295135 27074025 27022057 27995563 129211486 0.92900 0.93175 0.00730 0.00523 X PART III, SECTION B, LINE 12 OTHER INCOME - FOR THE 2012 990 THE OTHER INCOME LINE REPRESENTS INSURANCE PROCEEDS FROM A NATURAL DISASTER - HURRICANE SANDY, WHICH OCCURRED IN OCTOBER 2012. THE PROCEEDS WERE IN THE AMOUNT OF $248,004 AS A RESULT OF FLOOD DAMAGE THAT OCCURRED AT ASPHALT GREEN. FOR THE 2013 990 ADDITIONAL INSURANCE PROCEEDS FOR FLOOD DAMAGE RELATED TO ANOTHER NATURAL DISASTER WERE RECEIVED IN THE AMOUNT OF $31,584. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 57500 57500 22888504 22946004 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 79350 41050 37450 57500 215350 250000 250000 250000 250000 1000000 1500000 79350 41050 37450 57500 215350 SCHEDULE C PART IIB 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 AQUA CENTER AND MURPHY CENTER. THE CONSULTANT PROVIDES ADVISORY SERVICES AND SCHEDULES MEETINGS FOR THE EXECUTIVE DIRECTOR AND COUNCIL MEMBERS. 3889531 501602 169036 4222097 3808302 257417 176188 3889531 4722281 -738181 175798 3808302 4342076 556605 176400 4722281 4288773 538276 484973 4342076 0.49300 0.50700 false false 39664363 33048548 6615815 15559795 10784704 4775091 4816348 2803925 2012423 13403329 0 REFUNDABLE ADVANCE 500000 DEFERRED RENT LIABILITY 498338 998338 X 28614588 657698 9016 666714 27947874 27947874 27853497 9016 9016 27844481 27844481 PARTS V, LINE 4 TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT 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. B.S. AUCTION 847817 798317 49500 49500 AUCTION 73459 73459 0 921276 871776 49500 49500 49500 X false false false false false false false true false MARGARET SIEGEL EXECUTIVE DIRECTOR 308116 0 20000 0 0 0 34030 0 6600 0 368746 0 0 0 JEFFREY DORN FORMER CHIEF OPERATING OFFICER 100292 0 27000 0 72673 0 16742 0 18110 0 234817 0 0 0 SARAH BENNETT CHIEF MARKETING OFFICER 149416 0 10000 0 0 0 0 0 6000 0 165416 0 0 0 JEFFREY WARD CHIEF PROGRAM OFFICER 174691 0 14500 0 0 0 12250 0 6600 0 208041 0 0 0 MITCHELL GLENN DIRECTOR OF TECHNOLOGY 144216 0 0 0 0 0 7700 0 6000 0 157916 0 0 0 THOMAS O'CONNOR DIRECTOR OF OPERATIONS 131160 0 11500 0 0 0 6775 0 19100 0 168535 0 0 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 EMPLOYEES' 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 15655 PAYMENT OF INV ADVISORY FEES false X 6 172051 FMV X tickets and auction items. 6 8670 FMV false false true QUESTION 32A ASPHALT GREEN USES ITS BROKER TO SELL DONATED SECURITIES. PART III OTHER PROGRAM SERVICES INCLUDES THE FOLLOWING: 1) FACILITIES RENTAL - INCLUDES THE RENTAL OF THE POOL, GYM, THEATRE, STUDIOS AND ASTROTURF FIELD. 2)THE ASPHALT GREEN BATTERY PARK CITY ("AGBPC") 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 ("BPCA") 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 for the fiscal year beginning July 1, 2018 and ending June 30, 2019. The estimated future minimum rental payments, through fiscal-year 2023, are approximately $1,213,000. In addition, Asphalt Green will receive $225,000 per year for operating expenses related to the Premises for the first three years of operation. For each of the fiscal-years 2016 and 2015, Asphalt Green received $146,337 and $225,000, respectively, and this rental payment revenue was reported as other income in the statements of activities. For the fiscal year 2016, the $146,337 received was the last payment due to Asphalt Green, comprised of for $225,000 less certain operating costs due to BPCA totaling $78,663. PART VI SECTION A, LINE 2 DIRECTOR RELATIONSHIPS: BARRIE AND ALBERT ZESIGER ARE HUSBAND AND WIFE. 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. 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 STAFF MANAGEMENT SIGN THE CONFLICT OF INTEREST POLICY FORM. PART VI SECTION B, LINE 15A 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. PART VI, SECTION C LINE 19 PUBLIC AVAILABILITY OF DOCUMENTS: ASPHALT GREEN WILL PROVIDE THE AUDITED FINANCIAL STATEMENTS UPON FORMAL WRITTEN REQUEST. FORM 8868 APPLICATION FOR EXTENSION OF TIME TO FILE FOR AN EXEMPT ORGANIZATION WAS ELECTRONICALLY FILED.