BROOKLYN BRIDGE PARK CORPORATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- BROOKLYN BRIDGE PARK CORPORATION (EIN 27-2846763)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-04-15
- IRS object ID
- 201411069349300426
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-04-15T14:33:11-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113518842 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARKS PANETH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 685 THIRD AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 272846763 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROOKLYN BRIDGE PARK CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BROO | NameControl |
| Phone | 7182229939 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 334 FURMAN STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11201 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | REGINA MYER | Name |
| Title | PRESIDENT | Title |
| Phone | 7182229939 | Phone |
| Date Signed | 2014-04-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT LYONS | Name |
| PTIN | P00227472 | PTIN |
| Phone | 2125038800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROOKLYN BRIDGE PARK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | REGINA MYER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 334 FURMAN STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 47461503 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BROOKLYNBRIDGEPARK.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2010 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | THE BROOKLYN BRIDGE PARK CORPORATION, D/B/A BROOKLYN BRIDGE PARK ("BBP" OR THE "CORPORATION"), IS THE ENTITY RESPONSIBLE FOR THE PLANNING, CONSTRUCTION, MAINTENANCE AND OPERATION OF BROOKLYN BRIDGE PARK, AN 85-ACRE SUSTAINABLE WATERFRONT PARK STRETCHING 1.3 MILES ALONG BROOKLYN'S EAST RIVER SHORELINE. THE CORPORATION'S MISSION IS TO CREATE AND MAINTAIN A WORLD CLASS PARK THAT IS A RECREATIONAL, ENVIRONMENTAL AND CULTURAL DESTINATION ENJOYED BY THE RESIDENTS OF, AND VISITORS TO, NEW YORK CITY. THE CORPORATION OPERATES UNDER A MANDATE, EMBODIED BY ITS GENERAL PROJECT PLAN, TO BE FINANCIALLY SELF-SUSTAINING, WHICH INCLUDES THE ACTIVATION OF CERTAIN DEVELOPMENT SITES WITHIN THE PROJECT'S FOOTPRINT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 32 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 40503633 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 44188548 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 7625986 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3001092 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 31104 | InvestmentIncomePriorYear |
| Investment Income Current Year | 41082 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 52003 | OtherRevenuePriorYear |
| Other Revenue Current Year | 230781 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 48212726 | TotalRevenuePriorYear |
| Total Revenue Current Year | 47461503 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1635695 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2202090 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3940093 | OtherExpensePriorYear |
| Other Expenses Current Year | 5943771 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5575788 | TotalExpensesPriorYear |
| Total Expenses Current Year | 8145861 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 42636938 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 39315642 | RevenuesLessExpensesCY |
| Total Assets BOY | 121996387 | TotalAssetsBOY |
| Total Assets EOY | 151475761 | TotalAssetsEOY |
| Total Liabilities BOY | 35637524 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 26529664 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 86358863 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 124946097 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE BROOKLYN BRIDGE PARK CORPORATION, D/B/A BROOKLYN BRIDGE PARK ("BBP" OR THE "CORPORATION"), IS THE ENTITY RESPONSIBLE FOR THE PLANNING, CONSTRUCTION, MAINTENANCE AND OPERATION OF BROOKLYN BRIDGE PARK, AN 85-ACRE SUSTAINABLE WATERFRONT PARK STRETCHING 1.3 MILES ALONG BROOKLYN'S EAST RIVER SHORELINE. THE CORPORATION'S MISSION IS TO CREATE AND MAINTAIN A WORLD CLASS PARK THAT IS A RECREATIONAL, ENVIRONMENTAL AND CULTURAL DESTINATION ENJOYED BY THE RESIDENTS OF, AND VISITORS TO, NEW YORK CITY. THE CORPORATION OPERATES UNDER A MANDATE, EMBODIED BY ITS GENERAL PROJECT PLAN, TO BE FINANCIALLY SELF-SUSTAINING, WHICH INCLUDES THE ACTIVATION OF CERTAIN DEVELOPMENT SITES WITHIN THE PROJECT'S FOOTPRINT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 6360872 | Expense |
| Grants | 0 | Grants |
| Revenue | 3001092 | Revenue |
| Description | PARK OPERATIONS AND DEVELOPMENT:IN JULY 2012, THE POP-UP POOL OPENED AT PIER 2. THE POOL AREA INCLUDES A SANDY BEACH, LOUNGE CHAIRS, PICNIC TABLES AND UMBRELLAS. THE SITE ALSO INCLUDES A FOOD AND DRINK CONCESSION, SHOWERS AND RESTROOMS.IN JULY 2012, BBP FACILITATED ITS ANNUAL PARK VISITOR COUNT. BBP ESTIMATED THAT ALMOST 90,000 VISITORS COME TO THE PARK ON AN AVERAGE SUMMER WEEKEND. WEEKDAY ATTENDANCE IS ESTIMATED AT 11,500 VISITORS PER DAY. IN SEPTEMBER 2012, CONSTRUCTION ON PIER 2 BEGAN. PIER 2 WILL BE THE PARK'S SECOND ACTIVE RECREATION PIER. SPANNING NEARLY FIVE ACRES, PIER 2 WILL PROVIDE SEVERAL SPORT AMENITIES, INCLUDING 5 FULL-SIZED BASKETBALL COURTS, HANDBALL AND BOCCE COURTS, AS WELL AS A FULL SIZED IN-LINE SKATING RINK, FITNESS EQUIPMENT, SWINGS AND PICNIC TABLES. IN SEPTEMBER 2012, CONSTRUCTION BEGAN ON THE PIER 3 & 4 UPLANDS. THIS SECTION WILL ADD OVER 6 ACRES TO THE PARK AND COMPLETE THE CONTINUOUS GREENWAY RUNNING FROM PIER 1 TO PIER 6. THE NEW GRANITE OVERLOOK, SOUND ATTENUATING BERM AND 3 LAWNS WILL OFFER PARK VISITORS A PEACEFUL SPOT FOR PASSIVE RECREATION. IN DECEMBER 2012, PARK SPACE EXPANDED BY FIVE ACRES WITH THE OPENING OF PIER 5. NEW AMENITIES AT PIER 5 INCLUDE THREE MULTI-PURPOSE SPORTS FIELDS, THE PICNIC PENINSULA, TWO NEW PLAY AREAS FOR CHILDREN, TWO TETHERBALL POLES, BAIT PREPARATION TABLES AND FISH CLEANING STATIONS, AND A 30-FOOT WIDE PROMENADE.IN FEBRUARY 2013, BBP ANNOUNCED FOUR NEW CONCESSIONAIRES TO OPERATE IN THE PIER 5, PIER 6 AND FULTON FERRY LANDING/DUMBO SECTIONS OF THE PARK. THE NEW CONCESSIONS PROVIDE CONVENIENT AND UNIQUE FOOD DESTINATIONS FOR PARK VISITORS AND FURTHER INCREASE PEDESTRIAN TRAFFIC TO THE AREA. IN MARCH 2013, THE SQUIBB PARK AND BRIDGE WERE OPENED TO THE PUBLIC. THESE ADDITIONS PROVIDE A VITAL CIRCULATION LINK FOR PEDESTRIANS NEAR THE CENTER OF THE PARK. THE BRIDGE'S PROXIMITY TO THE SURROUNDING COMMUNITY AND TO PUBLIC TRANSPORTATION OFFERS PARK VISITORS A CONVENIENT AND DRAMATIC APPROACH TO BROOKLYN BRIDGE PARK. IN APRIL 2013, CONSTRUCTION BEGAN ON PIER 4 BEACH. PIER 4 BEACH WILL OFFER AN ACCESSIBLE BEACH FOR LAUNCHING VARIOUS WATER CRAFT AND WILL BE SURROUNDED BY A CALM WATER ZONE FOR NON-MOTORIZED BOATING, ALLOWING BOTH EXPERIENCED AND NOVICE BOATERS TO PADDLE THE EAST RIVER. | Description |
| Total Program Service Expense | 6360872 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 32 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CEDRIC GADDY - CFO | NamePerson |
| Telephone Number | 7187246433 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 334 FURMAN STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11201 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| ROBERT K STEEL | |||||||
| CHAIR | 1.00 | X | 0 | 0 | 0 | ||
| PETER ASCHKENASY | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| VERONICA WHITE | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| ANITA CONTINI | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MARTIN CONNOR | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| PETER DAVIDSON | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| JUNY FRANCOIS | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| HENRY B GUTMAN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| DAVID G OFFENSEND | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| SETH PINSKY | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| JOHN RASKIN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| DANIEL E SIMMONS | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| NANETTE SMITH | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| ANNE STRAHLE | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MATHEW WAMBUA | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| JOANNE WITTY | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| ADRIAN BENEPE | |||||||
| BOARD MEMBER (FORMER) | 1.00 | X | 0 | 0 | 0 | ||
| STEVEN LEVIN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| REGINA MYER | |||||||
| PRESIDENT | 35.00 | 164616 | 0 | 46506 | X | ||
| CEDRIC GADDY | |||||||
| TREASURER/CHIEF FINANCIAL OFFICER | 35.00 | 125032 | 0 | 30988 | X | ||
| SUMA MANDEL | |||||||
| SECRETARY/GENERAL COUNSEL | 35.00 | 75346 | 0 | 12466 | X | ||
| DAVID LOWIN | |||||||
| VP REAL ESTATE DEVELOPMENT | 35.00 | 125000 | 0 | 41100 | X | ||
| JEFFREY SANDGRUND | |||||||
| VICE PRESIDENT | 35.00 | 114539 | 0 | 27690 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 604533 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 158750 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| KELCO LANDSCAPING AND CONSTRUCTION | |||||
| 40 AUSTIN BOULEVARD | COMMACK | NY | 11725 | CONSTRUCTION | 21463813 |
| SKANSKA USA BUILDING INC | |||||
| 75-20 ASTORIA BLVD SUITE 200 | ASTORIA | NY | 11370 | CONSTRUCTION | 3122067 |
| PHOENIX CONSTRUCTION INC | |||||
| 132 SUTTON ST | BROOKLYN | NY | 11222 | CONSTRUCTION | 2340278 |
| TURNER CONSTRUCTION COMPANY | |||||
| 375 HUDSON STREET | NEW YORK | NY | 10014 | CONSTRUCTION | 2189181 |
| MICHAEL VAN VALKENBURGH ASSOCIATES INC | |||||
| 16 COURT STREET 11TH FLOOR | BROOKLYN | NY | 11241 | ARCHITECT | 1842916 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 12 | NumberOfContractorsGT100K |
| Government Grants | 44188548 | GovernmentGrants |
| Total Contributions | 44188548 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| GROUND LEASE RENT | 531390 | 1379917 | 1379917 |
| PERMITS AND OTHER FEES | 531390 | 973349 | 973349 |
| PMTS. IN LIEU OF TAXES | 531390 | 647826 | 647826 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3001092 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 41082 | TotalRevenueColumn |
| Exclusion | $41,082 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| INSURANCE PROCEEDS | 900099 | 158471 | $158,471 |
| OTHER INCOME | 900099 | 72310 | $72,310 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 230781 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 47461503 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3001092 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $271,863 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 448679 | Total |
| Program Services | 187769 | ProgramServices |
| Management And General | 260910 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1233070 | Total |
| Program Services | 418559 | ProgramServices |
| Management And General | 814511 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 89491 | Total |
| Program Services | 26338 | ProgramServices |
| Management And General | 63153 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 325069 | Total |
| Program Services | 112373 | ProgramServices |
| Management And General | 212696 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105781 | Total |
| Program Services | 37595 | ProgramServices |
| Management And General | 68186 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200432 | Total |
| Program Services | 188432 | ProgramServices |
| Management And General | 12000 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23027 | Total |
| Management And General | 23027 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 703197 | Total |
| Program Services | 645805 | ProgramServices |
| Management And General | 57392 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 128922 | Total |
| Program Services | 74789 | ProgramServices |
| Management And General | 54133 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7129 | Total |
| Program Services | 3983 | ProgramServices |
| Management And General | 3146 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2586004 | Total |
| Program Services | 2490956 | ProgramServices |
| Management And General | 95048 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81147 | Total |
| Program Services | 78164 | ProgramServices |
| Management And General | 2983 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| REPAIRS AND MAINTENANCE | 1168775 | 1168775 | |
| SECURITY | 473115 | 473115 | |
| UTILITIES | 235766 | 227101 | 8665 |
| EQUIP. RENTAL/PURCHASES | 161870 | 155932 | 5938 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 174387 | Total |
| Program Services | 71186 | ProgramServices |
| Management And General | 103201 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8145861 | Total |
| Program Services | 6360872 | ProgramServices |
| Management And General | 1784989 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 981 | BOY |
| EOY | 13842001 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48757447 | BOY |
| EOY | 23649043 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 177216 | BOY |
| EOY | 464637 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1194 | BOY |
| EOY | 560 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 117942819 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4423299 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73059549 | BOY |
| EOY | 113519520 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121996387 | BOY |
| EOY | 151475761 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5912763 | BOY |
| EOY | 7348621 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29712053 | BOY |
| EOY | 19161981 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12708 | BOY |
| EOY | 19062 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35637524 | BOY |
| EOY | 26529664 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73059549 | BOY |
| EOY | 113577407 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13299314 | BOY |
| EOY | 11368690 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86358863 | BOY |
| EOY | 124946097 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121996387 | BOY |
| EOY | 151475761 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 39315642 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -728408 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 42593280 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 40503633 | CurrentTaxYearMinus1Year |
| Current Tax Year | 44188548 | CurrentTaxYear |
| Total | 127285461 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 42593280 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 40503633 | CurrentTaxYearMinus1Year |
| Current Tax Year | 44188548 | CurrentTaxYear |
| Total | 127285461 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 14355544 | AmountsSubstContributorsTotal |
| Public Support Total170 | 112929917 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 30774 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 31104 | CurrentTaxYearMinus1Year |
| Current Tax Year | 41082 | CurrentTaxYear |
| Total | 102960 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 1620 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 52003 | CurrentTaxYearMinus1Year |
| Current Tax Year | 230781 | CurrentTaxYear |
| Total | 284404 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 127672825 | TotalSupport |
| Gross Receipts From Admissions Etc | 15483599 | GrossReceiptsFromAdmissionsEtc |
| First5 Years170 | X | First5Years170 |
| General Explanation | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADMINISTRATIVE AND OTHER FEES - 2011 AMOUNT: $ 33,843. 2012 AMOUNT: $ 70,874. MISCELLANEOUS INCOME - 2010 AMOUNT: $ 1,620. 2011 AMOUNT: $ 18,160. 2012 AMOUNT: $ 1,436. INSURANCE PROCEEDS - 2012 AMOUNT: $ 158,471. | GeneralExplanation |
| General Explanation | SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PART II, LINE 5 - EXPLANATION FOR EXCESS CONTRIBUTIONS: BBP RECEIVED DONATIONS TOTALING $234,630 AND $3,224,371, RESPECTIVELY, DURING THE YEARS ENDED JUNE 30, 2012 AND 2011 FROM A SINGLE DONOR. SUCH FUNDS WERE USED BY BBP TO REHABILITATE THE EMPIRE FULTON FERRY SECTION OF THE PARK. DURING THE YEAR ENDED JUNE 30, 2012, BBP RECEIVED A DONATION OF A RESTORED 1920'S CAROUSEL ("JANE'S CAROUSEL") ALONG WITH A STRUCTURE IN WHICH JANE'S CAROUSEL IS HOUSED FROM THE SAME DONOR. BBP RECORDED SUCH DONATED ASSETS AT THEIR ESTIMATED FAIR VALUE OF $13,450,000. SUCH FAIR VALUE WAS BASED UPON INDEPENDENT APPRAISALS. | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 23916187 | OtherCostOrOtherBasis |
| Depreciation | 470750 | Depreciation |
| Book Value | 23445437 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 501661 | OtherCostOrOtherBasis |
| Depreciation | 166170 | Depreciation |
| Book Value | 335491 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 93524971 | OtherCostOrOtherBasis |
| Depreciation | 3786379 | Depreciation |
| Book Value | 89738592 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 113519520 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER POSTEMPLOYMENT BENEFITS OBLIGATION | Description |
| Amount | $19,062 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 19062 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 47461503 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 47461503 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 47461503 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 8874269 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 728408 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 728408 | ExpensesNotRptdF990 |
| Expenses Subtotal | 8145861 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 8145861 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART XII, LINE 2D - OTHER ADJUSTMENTS: | Identifier |
| Explanation | IMPAIRMENT OF CAPITAL ASSETS 728,408. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REGINA MYER | ||||||||||||||
| PRESIDENT | 164616 | 0 | 0 | 0 | 0 | 0 | 22212 | 0 | 24294 | 0 | 211122 | 0 | 0 | 0 |
| CEDRIC GADDY | ||||||||||||||
| TREASURER/CHIEF FINANCIAL OFFICER | 125032 | 0 | 0 | 0 | 0 | 0 | 6923 | 0 | 24065 | 0 | 156020 | 0 | 0 | 0 |
| DAVID LOWIN | ||||||||||||||
| VP REAL ESTATE DEVELOPMENT | 125000 | 0 | 0 | 0 | 0 | 0 | 16827 | 0 | 24273 | 0 | 166100 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE CORPORATION HAS ONE MEMBER WHICH IS THE INDIVIDUAL HOLDING THE OFFICE OF THE MAYOR OF THE CITY OF NEW YORK (THE "MAYOR"). | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MAYOR WILL APPOINT THE DIRECTORS OF THE CORPORATION AS FOLLOWS: (I) NINE DIRECTORS, AT LEAST THREE OF WHOM SHALL BE EX OFFICIO DIRECTORS; (II) FOUR DIRECTORS, AT LEAST TWO OF WHOM SHALL BE COMMUNITY REPRESENTATIVES, UPON THE NOMINATION OF THE GOVERNOR OF THE STATE OF NEW YORK; (III) ONE DIRECTOR UPON THE NOMINATION OF THE STATE ASSEMBLY MEMBER, 52ND DISTRICT, OR ANY SUCCESSOR DISTRICT THAT INCLUDES THE BROOKLYN BRIDGE PARK; (IV) ONE DIRECTOR UPON THE NOMINATION OF THE STATE SENATOR, 25TH DISTRICT, OR ANY SUCCESSOR DISTRICT THAT INCLUDES THE BROOKLYN BRIDGE PARK; (V) ONE DIRECTOR UPON THE NOMINATION OF A MEMBER OF THE NEW YORK CITY COUNCIL TO BE DESIGNATED BY THE SPEAKER OF THE NEW YORK CITY COUNCIL; AND (VI) ONE DIRECTOR UPON THE NOMINATION OF THE PRESIDENT OF THE BROOKLYN BOROUGH. | |
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT OF THE FORM 990 WILL BE REVIEWED BY THE BBP AUDIT AND FINANCE COMMITTEE PRIOR TO FILING THE FORM. ONCE REVIEWED BY THE COMMITTEE, THE FORM 990 WILL BE DISTRIBUTED TO THE FULL BOARD FOR ITS REVIEW AND COMMENT, ALSO PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | BBP MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY BY REQUIRING EACH DIRECTOR TO COMPLETE A CONFLICT DISCLOSURE STATEMENT PROMPTLY AFTER APPOINTMENT AND ANNUALLY THEREAFTER. THE POLICY PROVIDES THAT IF A DIRECTOR VIOLATES ANY OF THE PROVISIONS OF THE POLICY, SUCH DIRECTOR SHALL BE SUBJECT TO AN APPROPRIATE REMEDY UNDER THE CIRCUMSTANCES, AND IN ADDITION TO ANY PENALTY CONTAINED IN ANY PROVISION OF LAW, THE DIRECTOR MAY BE SUBJECT AT THE BOARD'S DISCRETION, TO REMOVAL FOR CAUSE. OFFICERS OF THE CORPORATION ARE ALSO SUBJECT TO THE RESTRICTIONS SET FORTH IN CHAPTER 68 OF THE CITY CHARTER, WHICH IS THE CITY CONFLICT OF INTEREST POLICY. ADDITIONALLY, BBP COMPLIES WITH NEW YORK CITY CONFLICTS OF INTEREST BOARD ("COIB") REQUIREMENTS. BBP EMPLOYEES WHO MEET THE CRITERIA MUST FILE ANNUAL COIB FORMS; MEMBERS OF BBP'S BOARD OF DIRECTORS ARE ALSO REQUIRED TO COMPLY WITH COIB AND TO FILE ANNUAL COIB FORMS OR EQUIVALENT NEW YORK STATE FORMS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE SENIOR MANAGEMENT OF THE CORPORATION INCLUDES THE PRESIDENT, GENERAL COUNSEL AND CHIEF FINANCIAL OFFICER. THE COMPENSATION OF THE PRESIDENT SHALL BE DETERMINED CONSIDERING FACTORS SUCH AS SKILL, EXPERIENCE, PAST PERFORMANCE, AND WORK HISTORY. THE COMPENSATION OF OTHER SENIOR MANAGEMENT STAFF SHALL BE DETERMINED BY THE PRESIDENT, CONSIDERING FACTORS SUCH AS EMPLOYEE SKILL, EXPERIENCE, PAST PERFORMANCE, WORK HISTORY AND POSITION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | BBP'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE POSTED ON ITS WEBSITE AND ARE AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 9: | IMPAIRMENT OF CAPITAL ASSETS -728,408. | CHANGES IN NET ASSETS OR FUND BALANCES: |
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