2014-01-14T14:54:55-06:00 2013-02-28 CONDON O'MEARA MCGINTY & DONNELLY L ONE BATTERY PARK PLAZA NEW YORK NY 100041405 990 2012-03-01 131429480 THE UNIVERSITY CLUB % JENNIFER ZEPPIERI UNIV 2122472100 ONE WEST 54TH STREET Suite NEW YORK NY 10019 F GERARD MCGRATH 2122472100 2014-01-07 2126617777 2012 2015-11-30 17:44:51Z F GERARD MCGRATH ONE WEST 54TH STREET NEW YORK NY 10019 38392319 false X WWW.UNIVERSITYCLUBNY.ORG X 1865 NY PROMOTION OF LITERATURE & ART, BY ESTABLISHING & MAINTAINING A LIBRARY READING-ROOM, & GALLERY OF ART. THE CLUB ALSO PROVIDES A CLUBHOUSE & ATHLETIC FACILITIES FOR THE USE AND ENJOYMENT OF ITS MEMBERSHIP. 37 37 397 0 5830165 564383 2650 31200 11762763 11946176 1033109 989950 18872572 18510623 31671094 31477949 0 0 0 0 17892782 18240817 0 0 0 11400691 11358419 29293473 29599236 2377621 1878713 49312263 51554358 5762242 5699562 43550021 45854796 X SEE SCHEDULE O false false TAX EXEMPT CLUB ACTIVITIES false false false false false false false false true true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 99 0 true 397 true true true false false false false 2198233 5551067 false X 37 37 false false false false true true true true true false false false true true true true false true true false X JENNIFER ZEPPIERI 2122472100 THE CLUB ONE WEST 54TH STREET NEW YORK NY 10019 X PAUL N LEITNER 10.0 X X 0 0 0 MICHAEL S MATHEWS 10.0 X X 0 0 0 RICHARD E HAHN 10.0 X X 0 0 0 JAMES J KILLERLANE III 10.0 X X 0 0 0 F GERARD MCGRATH 10.0 X X 0 0 0 JUSTIN M GARBACCIO 10.0 X X 0 0 0 JOHN R GIBNEY JR 10.0 X X 0 0 0 DENIS ANDREUZZI 2.0 X 0 0 0 JOHN C CANONI 2.0 X 0 0 0 JAMES V ASH 2.0 X 0 0 0 ROBERT H HACKNEY JR 2.0 X 0 0 0 JASON R GETTINGER 2.0 X 0 0 0 CHRISTOPHER KRANTZ 2.0 X 0 0 0 PETER R LASUSA JR 2.0 X 0 0 0 ARABELLA C MEYER 2.0 X 0 0 0 TIMOTHY R HAMILTON 2.0 X 0 0 0 MARK P ZIMMETT 2.0 X 0 0 0 MARTIN L BUDD 2.0 X 0 0 0 JAMES B GRASS 2.0 X 0 0 0 COURTNEY DUR HARDART 2.0 X 0 0 0 THOMAS J O'HALLORAN 2.0 X 0 0 0 H LLOYD KANEV 2.0 X 0 0 0 THOMAS JA LAVIN 2.0 X 0 0 0 DAVID N LAWRENCE 2.0 X 0 0 0 JOHN M LIFTIN 2.0 X 0 0 0 WARREN H HABER 2.0 X 0 0 0 ALEXANDRA B JEYDEL 2.0 X 0 0 0 RODES M PONZER 2.0 X 0 0 0 OWEN KING 2.0 X 0 0 0 PERCY PRESTON 2.0 X 0 0 0 DAVID W MALLISON 2.0 X 0 0 0 MICHAEL PRESSER 2.0 X 0 0 0 OSCAR S SCHAFER 2.0 X 0 0 0 SCOTT FULLER 2.0 X 0 0 0 KENNETH A SCHULTZ 2.0 X 0 0 0 HOWARD E STEINBERG 2.0 X 0 0 0 J SCOTT SWENSEN 2.0 X 0 0 0 JOHN P DORMAN 40.0 X 479816 0 139859 ROBERT BAGLI 40.0 X 177599 0 8418 DAMIEN MUDGE 40.0 X 196502 0 21099 JOHN GRIECO 40.0 X 172682 0 36362 JENNIFER ZEPPIERI 40.0 X 160334 0 38577 ZAHIR AHMED 40.0 X 148413 0 24437 1335346 0 268752 13 false true false PETER GISOLFI ASSOCIATES 566 WARBURTON AVENUE HASTINGS ON HUDSON NY 10706 ARCHITECT 137936 GORTON PARTNERS LLC 21 WEST 38TH STREET 6TH FLOOR NEW YORK NY 10018 CAPITAL CONSULTANTS 153213 JONATHAN RAIBLE ARCHITECT PLLC 370 RIVERSIDE DRIVE 8B NEW YORK NY 10025 ARCHITECT 163065 SHIELDS WARENDORFF FLOWERS 52 WEST 56TH STREET NEW YORK NY 10019 FLORIST 136453 BOHLIN CYWINSKI JACKSON 8 WEST MARKET STREET WILKESBARRE PA 18701 INTERIOR DESIGNER 161359 7 31200 31200 MEMBERSHIP DUES 900099 9747943 9747943 CAPITAL ASSESSMENT 900099 1197483 1197483 ENTRANCE FEES 900099 1000750 1000750 11946176 650158 645324 4834 0 0 0 0 0 4214584 3910727 303857 35935 339792 339792 0 0 21456465 3003643 18452822 13665574 4787248 PARTNERSHIP INCOME 900099 57801 57801 57801 31477949 25611750 5830165 4834 0 0 0 0 619675 0 11991585 756705 3648842 1224010 0 91672 51668 0 0 116363 168109 0 1877191 56347 0 2926586 0 0 29143 23177 0 2665158 473154 UNRELATED BUS. INCOME TAX 241493 CLUBHOUSE OPERATIONS 943297 FOOD & BEVERAGE OPERATIONS 803967 CLUB ACTIVITY & COMMITTEE 590429 300665 29599236 29836 29172 426864 790720 0 0 2151057 2606515 0 0 0 0 0 0 1338680 1528027 954789 1002437 65932429 43274394 22673644 22658035 19612973 20815032 0 0 0 0 0 0 2124420 2124420 49312263 51554358 3780133 3590872 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1982109 2108690 5762242 5699562 X 41878124 44012510 1426470 1565659 245427 276627 43550021 45854796 49312263 51554358 X 1878713 380473 45589 X false true X true false 1671897 755448 146771 731830 1842286 1691638 705040 21255 746036 1671897 1467840 684076 236098 696376 1691638 1108559 662392 358876 661987 1467840 1413230 651524 -347016 609179 1108559 0.15015 0.84985 false false 805000 805000 49031147 32738322 16292825 15492960 10536072 4956888 603322 603322 22658035 0 TAXES PAYABLE 145493 UNEARNED INCOME 663246 DEFERRED LIFE MEMBERSHIP 660104 DEFERRED COMPENSATION PLAN 220847 DEFERRED INCOME TAX LIABILITY 419000 2108690 X 34736808 380473 3103139 3483612 31253196 224753 224753 31477949 32432033 3003643 3003643 29428390 170846 170846 29599236 ENDOWMENT FUNDS PART V - LINE 4 THE CLUB'S ENDOWMENT FUNDS CONSIST OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE CLUB CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: 1. THE DURATION AND PRESERVATION OF THE FUNDS 2. THE PURPOSE OF THE CLUB AND THE DONOR-RESTRICTED ENDOWMENT FUNDS 3. GENERAL ECONOMIC CONDITIONS 4. THE POSSIBLE EFFECT OF INFLATION AND DEFLATION 5. THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS 6. OTHER RESOURCES OF THE CLUB 7. THE INVESTMENT POLICIES OF THE CLUB OTHER LIABILITIES - LIABILITY FOR UNCERTAIN INCOME TAX POSITIONS PART X - LINE 2 As of February 28, 2013 and February 29, 2012, no amounts were recognized for uncertain income tax positions taken during those years. In addition, the Club's tax returns for the 2010 fiscal year and forward are subject to the usual review by the appropriate taxing authorities. RECONCILIATION OF REVENUE PART XI - LINES 2D & 4B 2D. COST OF GOODS SOLD: 3,003,643. 2D. PENSION ADJUSTMENT: 99,496. 4B. GROSS UP FROM INVESTMENT ADVISORY FEES: 116,363. 4B. PARTNERSHIP INCOME: 104,878. 4B. DEFERRED COMP. INVESTMENT INCOME: 3,512. RECONCILIATION OF EXPENSES PART XII - LINES 2D & 4B 2D. COST OF GOODS SOLD: 3,003,643. 4B. INVESTMENT ADVISORY FEES: 116,363. 4B. PARTNERSHIP DEDUCTIONS: 54,483. X false true false JOHN P DORMAN 339816 0 140000 0 0 0 111019 0 28840 0 619675 0 108808 0 ROBERT BAGLI 158469 0 19130 0 0 0 5173 0 3245 0 186017 0 5173 0 DAMIEN MUDGE 106918 0 13750 0 75834 0 12500 0 8599 0 217601 0 11462 0 JOHN GRIECO 149029 0 23653 0 0 0 15988 0 20374 0 209044 0 14943 0 JENNIFER ZEPPIERI 132427 0 27907 0 0 0 18021 0 20556 0 198911 0 16734 0 ZAHIR AHMED 145691 0 2722 0 0 0 4399 0 20038 0 172850 0 4399 0 COMPENSATION INFORMATION PART I - QUESTION 4B JOHN P. DORMAN (GENERAL MANAGER) RECEIVED NON-QUALIFIED DEFERRED COMP. OF $84,996 STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS PART III, LINE 1 PROMOTION OF LITERATURE & ART, BY ESTABLISHING & MAINTAINING A LIBRARY READING-ROOM, & GALLERY OF ART. THE CLUB ALSO PROVIDES A CLUBHOUSE & ATHLETIC FACILITIES FOR THE USE AND ENJOYMENT OF ITS MEMBERSHIP. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION A. - QUESTION 6 THE UNIVERSITY CLUB WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION A. - QUESTION 7A THE MEMBERS VOTE FOR THE PARTICIPANTS OF THE MEMBER NOMINATING COMMITTEE WHO IN TURN ELECT THE EXECUTIVE AND COUNCIL MEMBERS. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION A. - QUESTION 7B CHANGES MADE TO THE CONSTITUTION BY THE GOVERNING BODY MUST BE APPROVED BY THE MEMBERSHIP. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION B. - QUESTION 11B THE FORM 990 IS REVIEWED BY THE TREASURER PRIOR TO FILING. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION B. - QUESTION 12C THE AUDIT COMMITTEE OVERSEES THE DISTRIBUTION AND COLLECTION OF THE CONFLICT OF INTEREST POLICY STATEMENTS. IF ANY CONFLICTS ARISE IT IS REVIEWED AND REPORTED TO THE COUNCIL. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION b. - QUESTIONS 15A & 15B COMPENSATION FOR OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY THE CLUB'S PRESIDENT AND HOUSE COMMITTEE CHAIRMAN FOR APPROVAL. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION C. - QUESTION 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. RECONCILIATION OF NET ASSETS PART XI - LINE 9 PENSION ADJUSTMENT: 99,496. DEFERRED COMP. INTEREST INCOME: -3,512. NET PARTNERSHIP INCOME: -50,395.