2013-05-13T09:49:39-05:00 2012-06-30 133597814 SKODY SCOT & CO CPAS PC 520 EIGHTH AVE SUITE 2200 NEW YORK NY 10018 990 2011-07-01 133275810 GRAND CENTRAL PARTNERSHIP INC GRAN 2128832420 122 EAST 42ND STREET NO 601 NEW YORK NY 10168 ALFRED C CERULLO III 2128832420 2013-05-13 1 WILLIAM SKODY P00631754 2129671100 2013-05-13 2011 2016-02-24 21:20:13Z ALFRED C CERULLO III 122 EAST 42ND STREET NO 601 NEW YORK NY 10168 13750052 0 X WWW.GRANDCENTRALPARTNERSHIP.ORG X 1985 NY PROMOTE THE VITALITY AND ECONOMIC GROWTH OF A BUSINESS IMPROVEMENT DISTRICT LOCATED IN NYC. 42 37 147 0 0 0 18425 14638 11924819 13008125 249213 210872 233985 242437 12426442 13476072 0 0 0 0 7473061 7088362 0 0 0 5656699 5499318 13129760 12587680 -703318 888392 22553660 21917806 20631049 19127904 1922611 2789902 X THE GRAND CENTRAL PARTNERSHIP PROVIDES SUPPLEMENTAL PUBLIC SAFETY, SANITATION, STREETSCAPE IMPROVEMENT, VISITOR INFORMATION AND BUSINESS SUPPORT SERVICES, INCLUDING MARKETING AND SPECIAL EVENTS TO BENEFIT PROPERTY OWNERS, BUSINESSES AND RESIDENTS IN A 70 SQUARE BLOCK AREA OF MIDTOWN MANHATTAN. 0 0 3341156 SANITATION PROGRAM INCLUDES MAINTAINING CLEAN STREETS/ CURBS AND GARBAGE REMOVAL 2688088 PUBLIC SAFETY PROGRAM PROVIDES SUPPLEMENTAL PUBLIC SECURITY THROUGH A COMBINATION OF UNIFORMED GUARDS AND A WORKING RELATIONSHIP WITH THE NEW YORK CITY POLICE DEPARTMENT 2370430 PUBLIC IMPROVEMENTS IS DESIGNED TO IMPROVE THE OVERALL APPEARANCE OF THE DISTRICT THROUGH A COMBINATION OF PROJECTS INCLUDING INSTALLATION AND MAINTENANCE OF PUBLIC FIXTURES 1197517 411293 DISTRICT-WIDE MAINTENANCE MAINTAINS PREVIOUSLY INSTALLED CAPITAL IMPROVEMENTS 900353 141843 CORPORATE AFFAIRS PROGRAM PROMOTES THE DISTRICT THROUGH RETAIL DEVELOPMENT, FUNDRAISING, SPECIAL EVENTS, TOURISM AND OTHER PUBLIC RELATIONS 426647 HORTICULTURE ENHANCES THE DISTRICT THROUGH PLANTINGS AND DECORATIONS 145211 SOCIAL SERVICES - VOLUNTARY CONTRIBUTIONS TO A SOCIAL SERVICE PROVIDER TO DEAL WITH THE VARIOUS SOCIAL SERVICE ISSUES IN THE DISTRICT 2669728 553136 11069402 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 57 0 1 147 1 0 0 0 0 0 0 0 0 0 0 X 42 37 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X THE ORGANIZATION 2128832420 122 EAST 42ND STREET NO 601 NEW YORK NY 10168 MICHELLE ADAMS 0.50 X 0 0 0 ALAN B ABRAMSON 0.50 X 0 0 0 WILLIAM H ANDERSON 0.50 X 0 0 0 S ANTHONY BIANCO 0.50 X 0 0 0 LOUIS BRAUSE 0.50 X 0 0 0 WILLIAM G COHEN III 0.50 X 0 0 0 PETER S DUNCAN 0.50 X 0 0 0 DOUGLAS D DURST 0.50 X 0 0 0 SCOTT STRINGER 0.50 X 0 0 0 STEPHEN L GREEN 0.50 X 0 0 0 DAVID R GREENBAUM 0.50 X 0 0 0 PETER S KALIKOW 0.50 X X 0 0 0 N RICHARD KALIKOW 0.50 X 0 0 0 BRUCE M NEVINS 0.50 X 0 0 0 ABY ROSEN 0.50 X 0 0 0 MATTHEW ADAMS 0.50 X 0 0 0 STEVEN SPINOLA 0.50 X X 0 0 0 GEORGE P TWILL 0.50 X X 0 0 0 JOHN J WHALEN 0.50 X 0 0 0 ALAN H WIENER 0.50 X 0 0 0 JOHN C LIU 0.50 X 0 0 0 JOHN DONAHUE 0.50 X 0 0 0 MARLA MILLER 0.50 X 0 0 0 MORRIS MOINIAN 0.50 X 0 0 0 ANDREW D LEVIN 0.50 X 0 0 0 PETER L MALKIN 0.50 X 0 0 0 HOWARD P MILSTEIN 0.50 X 0 0 0 ANTHONY WESTREICH 0.50 X 0 0 0 ROBERT L BILLINGSLEY 0.50 X 0 0 0 JOHN L MASCIALINO 0.50 X 0 0 0 MICHAEL R BLOOMBERG 0.50 X 0 0 0 CHRISTINE C QUINN 0.50 X 0 0 0 SUSAN MENDIK 0.50 X 0 0 0 DENNIS FRIEDRICH 0.50 X 0 0 0 DAVID V POLITANO 0.50 X 0 0 0 DANIEL R GARODNICK 0.50 X 0 0 0 JOHN BICK 0.50 X 0 0 0 GEORGE KURTH 0.50 X 0 0 0 JENNIFER HENSLEY 0.50 X 0 0 0 JOSEPH LHOTA 0.50 X 0 0 0 DENNIS P BRADY 0.50 X 0 0 0 MARK C GROSSICH 0.50 X 0 0 0 ALFRED C CERULLO III 45.00 X 477953 0 16631 ROBERT J ADINOLFI 45.00 X 146202 0 31709 PETER J LEMPIN 45.00 X 203240 0 4120 MARC WURZEL 45.00 X 171996 0 9891 999391 0 62351 4 0 1 0 CITI 1 MAINTENANCE 98 4TH STREET RM 313 BROOKLYN NY 11231 CONSTRUCTION/MAINTENANCE 674559 ALLAN BRITEWAY ELECTRICAL CONTRACTORS I 130 ALGONQUIN PARKWAY WHIPPANY NY 07981 ELECTRICAL CONTRACTING 128129 LITTLER MENDELSON PC 900 THIRD AVENUE NEW YORK NY 10022 LEGAL SERVICES 121471 TEMPLE INC 305 BANK STREET DECATUR AL 35601 IT SERVICES 119243 ATLANTIC MAINTANENCE 154 CONOVER STREET BROOKLYN NY 11231 SANITATION SERVICES 101974 5 14638 14638 TAX ASSESSMENTS 900099 12697426 12697426 OTHER FEES & CONTRACTS 900099 310699 310699 13008125 210872 210872 350000 107563 242437 242437 242437 166417 166417 0 13476072 13250562 0 210872 957079 540974 416105 4652027 4302548 349479 42517 24344 18173 877811 816761 61050 558928 516684 42244 133021 124996 8025 40903 40903 11875 11875 1081364 1080755 609 435566 394004 41562 71377 24000 47377 812631 402311 410320 959000 959000 1399730 1395378 4352 397184 348460 48724 MAINTENANCE 103916 99183 4733 PROGRAM EXPENSES 50573 26451 24122 EQUIPMENT 2178 1678 500 12587680 11069402 1518278 0 138879 3220742 4715670 74173 59590 352130 307716 38137513 24312671 15008522 13824842 3117426 2418325 641788 591663 22553660 21917806 498745 380961 182958 282686 19478346 18026382 471000 437875 20631049 19127904 X 1922611 2789902 1922611 2789902 22553660 21917806 X 888392 -21101 X 0 1 1 X 0 X 17875 62601 15000 18425 14638 128539 11885182 11852501 11914734 11564245 12697426 59914088 11903057 11915102 11929734 11582670 12712064 60042627 60042627 572430 443511 299578 249213 210872 1775604 61818231 2396273 0.97130 0.96470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 11875 11875 12575805 12587680 779384 194846 0 0 796658 807888 806488 779384 3190418 4785627 0 6774 9704 11875 28353 199165 201972 201622 194846 797605 1196408 0 0 0 0 2338871 1459405 879466 379151 379151 0 35419491 22474115 12945376 13824842 CERTIFICATES OF DEPOSIT 2418325 F 2418325 ACCRUED INTEREST 437875 437875 13476072 12587680 888392 -21101 -21101 867291 13454971 -21101 -21101 13476072 0 13476072 12587680 0 12587680 0 12587680 GRAND GOURMET 166417 166417 6667 159750 166417 166417 6667 159750 166417 0 X X X X 0 0 0 0 0 0 0 0 0 ALFRED C CERULLO III 477953 0 0 0 0 0 4900 0 11731 0 494584 0 0 0 ROBERT J ADINOLFI 146202 0 0 0 0 0 3090 0 28619 0 177911 0 0 0 PETER J LEMPIN 203240 0 0 0 0 0 4120 0 0 0 207360 0 0 0 MARC WURZEL 171996 0 0 0 0 0 0 0 9891 0 181887 0 0 0 GRAND CENTRAL DISTRICT MANAGEMENT ASSOCIATION INC 133520221 38526CCA4 2004-02-26 28658371 FULL BOND DISCLOSURE ON GCPDMA 990 #13-3520221 0 0 0 28658371 27764481 299152 2004 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 PETER L MALKIN BOARD DIRECTOR 30074 OUTSIDE SPACE - THE ORGANIZATION LEASES EXTERIOR SPACE FOR SUPPLEMENTAL PUBLIC LIGHTING, AND PAYS ONLY FOR RELATED ELECTRICAL COSTS, ON A COMMERCIAL OFFICE BUILDING RELATED TO A BOARD MEMBER. 0 JOSEPH LHOTA BOARD DIRECTOR - IS ALSO CEO AND CHAIRMAN OF THE MTA 20743 EVENT SPACE - THE ORGANIZATION UTILIZES EVENT SPACE IN THE GRAND CENTRAL TERMINAL. 0 MICHAEL R BLOOMBERG BOARD DIRECTOR - IS THE MAYOR OF THE CITY OF NEW YORK 246770 ECO DEV SPACE - THE ORGANIZATION LEASES ECONOMIC DEVELOPMENT SPACE FROM THE CITY OF NEW YORK. 0 STEPHEN L GREEN BOARD DIRECTOR 36634 OUTSIDE SPACE - THE ORGANIZATION LEASES EXTERIOR SPACE FOR SUPPLEMENTAL PUBLIC LIGHTING, AND PAYS ONLY FOR RELATED ELECTRICAL COSTS, ON A COMMERCIAL OFFICE BUILDING RELATED TO A BOARD MEMBER. 0 HOWARD P MILSTEIN BOARD DIRECTOR 17816 OUTSIDE SPACE - THE ORGANIZATION LEASES EXTERIOR SPACE FOR SUPPLEMENTAL PUBLIC LIGHTING, AND PAYS ONLY FOR RELATED ELECTRICAL COSTS, ON A COMMERCIAL OFFICE BUILDING RELATED TO A BOARD MEMBER. 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP TO THE ORGANIZATION OCCURS WITH ELECTION TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF DIRECTORS AT EVERY OTHER ANNUAL MEETING. MEMBERS MAY FILL VACANCIES OR REMOVE A BOARD MEMBER AT ANY ANNUAL OR REGULAR MEMBERSHIP MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE 990 HAS BEEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEW FINANCIAL AND AUDIT MATTERS PRIOR TO FILING. THE FINAL 990 (FILED WITH THE IRS) WILL BE AVAILABLE AT THE NEXT MEETING OF THE BOARD FOR INSPECTION. IN ADDITION, UPON REQUEST OF ANY BOARDMEMBER, A COPY WILL BE PROVIDED. IF THERE ARE ANY MATERIAL CHANGES, AN AMENDED 990 WILL BE FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSED INFORMATION. FORM 990, PART VI, SECTION B, LINE 15 THIS REVIEW INCLUDES RESEARCHING GUIDESTAR, 990S, NY NON-PROFIT NETWORK ANNUAL SALARY SURVEY, PHONE CALLS TO OTHER ORGANIZATIONS TO COLLECT DATA. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE, OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -21,101. INDIRECT TRANSACTIONS SCHEDULE L THE ORGANIZATION LEASES SPACE OWNED BY THE CITY OF NEW YORK UNDER THE PERSHING SQUARE VIADUCT TO DEVELOP AND OPERATE A RESTAURANT. THE ORGANIZATION PAYS RENT, ADDITIONAL RENT, AND MAKES A PAYMENT IN LIEU OF TAXES (PILOT) TO THE CITY UNDER THE LEASE. REPRESENTATIVES OF THE CITY OF NEW YORK SERVE AS DIRECTORS OF THIS ORGANIZATION. THE ORGANIZATION USES SPACE IN THE MAIN CONCOURSE OF GRAND CENTRAL TERMINAL, AND IN THE GRAND CENTRAL NEIGHBORHOOD ALLIANCE OFFICE THAT IS UNDER THE CONTROL OF THE METROPOLITAN TRANSPORTATION AUTHORITY (MTA). JOSEPH LHOTA FROM THE MTA SERVES AS A BOARD MEMBER OF THE ORGANIZATION. ADDITIONALLY, THE ORGANIZATION RENTED SPACE IN GRAND CENTRAL TERMINAL FOR A SPECIAL EVENT. ROBERT L BILLINGSLEY, A BOARD MEMBER, IS ALSO A VICE PRESIDENT OF CASSIDY TURLEY, A REAL ESTATE MANAGEMENT FIRM. CASSIDY TURLEY IS THE MANAGING AGENT OF 122 EAST 42ND STREET AND COLLECTS RENT FROM THE ORGANIZATION FOR LEASING THE SPACE FOR OUR EXECUTIVE OFFICES. RELATED ORGANIZATIONS SCHEDULE R GCP-GCDMA RELATIONSHIP PURSUANT TO A MANAGEMENT AGREEMENT DATED JULY 1991 BETWEEN GRAND CENTRAL DISTRICT MANAGEMENT ASSOCIATION (GCDMA) AND GRAND CENTRAL PARTNERSHIP (GCP), GCDMA RETAINS GCP TO ADMINISTER THE REQUIRED SUPPLEMENTAL SERVICES, AND TURNS OVER ALL ASSESSMENT REVENUES TO GCP TO FINANCE THE DELIVERY OF SUCH SERVICES IN THE GRAND CENTRAL BUSINESS IMPROVEMENT DISTRICT. GRAND CENTRAL DISTRICT MANAGEMENT ASSOCIATION INC 122 EAST 42ND STREET NO 601 NEW YORK NY 10168 133520221 PROMOTE THE VITALITY AND ECONOMIC GROWTH OF THE BUSINESS IMPROVEMENT DISTRIC NY 501(C)(3) 170(B)(1) (A)(VI) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 GRAND CENTRAL DISTRICT MANAGEMENT ASSOCIATION R 11882650 CASH