DELAWARE RIVER WATERFRONT CORPORATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- DELAWARE RIVER WATERFRONT CORPORATION (EIN 23-1734559)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-06-22
- IRS object ID
- 201201749349300325
- Schema version
- 2010v3.4
- 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 | 2012-06-22T12:57:30-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNERAMPER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 WEST AVENUE PO BOX 458 | AddressLine1 |
| City | JENKINTOWN | City |
| State | PA | State |
| ZIP Code | 190460458 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231734559 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELAWARE RIVER WATERFRONT CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DELA | NameControl |
| Phone | 2156293200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 N COLUMBUS BOULEVARD | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 191061403 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS P CORCORAN | Name |
| Title | PRESIDENT | Title |
| Phone | 2156293200 | Phone |
| Date Signed | 2012-06-22 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID A GRUBER | Name |
| Phone | 2158818800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | THOMAS P CORCORAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 N COLUMBUS BOULEVARD | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 191061403 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 19057115 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.DELAWARERIVERWATERFRONTCORP.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1970 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | DRWC'S MISSION IS TO MAINTAIN AND PROMOTE THE USE AND DEVELOPMENT OF THE CITY OF PHILADELPHIA'S CENTRAL WATERFRONT, KNOWN AS "PENN'S LANDING." THIS TASK IS OF VITAL IMPORTANCE TO THE CITY AND ONE WHICH THE CITY WOULD OTHERWISE BE REQUIRED TO PERFORM ITSELF ABSENT THE TAXPAYER CONDUCTING THESE ACTIVITIES. SPECIFICALLY, UNDER DRWC'S ARTICLES OF INCORPORATION, DRWC SHALL AT ALL TIMES BE OPERATED, EXCLUSIVELY FOR THE BENEFIT OF THE CITY FOR THE EXPRESS PURPOSE OF LESSENING THE BURDENS OF THE GOVERNMENT OF THE CITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 218 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3099211 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 11227106 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 6149200 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 7037676 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 40431 | InvestmentIncomePriorYear |
| Investment Income Current Year | 57628 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 541289 | OtherRevenuePriorYear |
| Other Revenue Current Year | 511005 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 9830131 | TotalRevenuePriorYear |
| Total Revenue Current Year | 18833415 | 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 | 3038733 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2873090 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 24000 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7113748 | OtherExpensePriorYear |
| Other Expenses Current Year | 16235629 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 10152481 | TotalExpensesPriorYear |
| Total Expenses Current Year | 19108719 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -322350 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -275304 | RevenuesLessExpensesCY |
| Total Assets BOY | 20644355 | TotalAssetsBOY |
| Total Assets EOY | 22652138 | TotalAssetsEOY |
| Total Liabilities BOY | 11267394 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 13550481 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9376961 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 9101657 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | DRWC'S MISSION IS TO MAINTAIN AND PROMOTE THE USE AND DEVELOPMENT OF THE CITY OF PHILADELPHIA'S CENTRAL WATERFRONT, KNOWN AS "PENN'S LANDING." THIS TASK IS OF VITAL IMPORTANCE TO THE CITY AND ONE WHICH THE CITY WOULD OTHERWISE BE REQUIRED TO PERFORM ITSELF ABSENT THE TAXPAYER CONDUCTING THESE ACTIVITIES. SPECIFICALLY, UNDER DRWC'S ARTICLES OF INCORPORATION, DRWC SHALL AT ALL TIMES BE OPERATED, EXCLUSIVELY FOR THE BENEFIT OF THE CITY FOR THE EXPRESS PURPOSE OF LESSENING THE BURDENS OF THE GOVERNMENT OF THE CITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 10716481 | Expense |
| Description | DRWC IS DEDICATED TO THE PLANNING, DESIGN, DEVELOPMENT AND MANAGEMENT OF THE CENTRAL DELAWARE RIVER WATERFRONT IN PHILADELPHIA, DEFINED AS THE SIX MILE STRETCH OF THE CENTRAL DELAWARE, WHICH IS THE AREA DEFINED BY OREGON AVENUE IN THE SOUTH TO ALLEGHENY AVENUE IN THE NORTH AND FROM I-95 TO THE DELAWARE RIVER. THE GOAL OF DRWC IS TO EFFECTUATE OVER TIME THE TRANSFORMATION OF THE CENTRAL DELAWARE RIVER WATERFRONT INTO A VIBRANT DESTINATION LOCATION FOR THE RECREATIONAL, CULTURAL, PORT/INDUSTRIAL, AND COMMERCIAL ACTIVITIES OF PHILADELPHIA'S RESIDENTS, WORKERS AND VISITORS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 6802491 | Expense |
| Revenue | 757775 | Revenue |
| Description | DRWC REMAINS STEADFAST IN ITS COMMITMENT TO FREE PUBLIC PROGRAMMING ON THE WATERFRONT AT PENN'S LANDING. ALL EVENTS PRODUCED BY DRWC WERE FREE TO THE PUBLIC. THE NEW STAGE HOSTED A VARIETY OF NATIONAL ARTISTS IN THE ROCK, JAZZ, GOSPEL AND CLASSICAL GENRES AND ALSO WAS ABLE TO ACCOMMODATE THE FULL PHILADELPHIA ORCHESTRA AS PART OF THE FIRST SEASON'S ACTIVITY. PENN'S LANDING CONTINUED TO SERVE AS A FEATURED LOCATION FOR THE CITY'S INDEPENDENCE DAY CELEBRATION, HOSTING MARQUEE EVENTS SUCH AS THE TASTE OF PHILADELPHIA, A HIGH PROFLE WATERFRONT CONCERT WITH FIREWORKS AND AN ICE CREAM FESTIVAL. THE SUMMER PROGRAM SEASON INCLUDED ELEVEN DIFFERENT MULTICULTURAL SERIES CELEBRATING THE RICH DIVERSITY OF THE GREATER PHILADELPHIA REGION, MARQUEE CONCERTS FEATURING FAMILY ENTERTAINMENT, THE SOUNDS OF R&B AND JAZZ, LARGE SCALE MOVIE SCREENINGS AND MARITIME EVENTS. DRWC CONTINUED ITS PARTNERSHIP WITH THE PENNSYLVANIA ENVIRONMENTAL COUNCIL TO BRING THE KAYAK PROGRAM BACK FOR A SECOND SEASON. THE PROGRAM WAS EXPANDED TO INCLUDE SWAN BOATING AS WELL AS EXTENDED HOURS OF OPERATION. OUTDOOR ENTHUSIASTS, FAMILIES AND KAYAKERS OF ALL LEVELS WERE ABLE TO RENT BOATS AND ENJOY THE RIVER IN A SAFE AND SUPERVISED ENVIRONMENT. IN ADDITION TO BEING AVAILABLE TO THE PUBLIC, DRWC & PECO WERE ABLE TO FUND AND OFFER FREE KAYAKING AND SWAN BOATING FOR PHILADELPHIA PARKS AND RECREATION CAMPERS, ENABLING URBAN TEENAGERS TO ENJOY THE RIVER AND HELP THEM BE MORE ACTIVE AND FIT. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 585787 | Expense |
| Revenue | 924154 | Revenue |
| Description | DRWC ENGAGES IN A VARIETY OF ACTIVITIES ON PENN'S LANDING IN SUPPORT OF ITS MISSION, ON BEHALF OF THE CITY, OF MAINTAINING AND PROMOTING THE USE AND DEVELOPMENT OF THE CITY'S CENTRAL WATERFRONT, WHICH INCLUDES THE "BLUE CROSS RIVER RINK," AT PENN'S LANDING REOPENED FOR THE 16TH SEASON. IT IS A STANDARD OLYMPIC REGULATION SIZE ICE RINK, OPEN TO THE PUBLIC AS A RECREATIONAL AND EDUCATIONAL ARENA. SLED SKATING LESSONS ARE AVAILABLE FOR DISABLED CHILDREN. THE RINK IS OPEN FOR PUBLIC SKATING AND AVAILABLE TO SCHOOL GROUPS ON WEEKDAYS. THE OPERATION OF THIS SKATING RINK RELIEVES THE CITY FROM HAVING TO OPERATE THIS PUBLIC ARENA, WHICH IT WOULD OTHERWISE DO FOR THE GENERAL WELFARE OF ITS CITIZENS, INCLUDING THE MULTITUDE OF YOUNGER PEOPLE UTILIZING THIS FACILITY. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 18104759 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| 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 | 1 | 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 | 1 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 34 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 218 | 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| 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 | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | 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 | 0 | 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 | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RINKU MODI DIRECTOR OF FINANCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2156293200 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 N COLUMBUS BOULEVARD | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 191061403 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 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 |
|---|---|---|---|---|---|---|---|
| RINA CUTLER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| AVI D EDEN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| TERRY GILLEN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAY R GOLDSTEIN | |||||||
| BOARD VICE CHAIRMAN | 1.00 | X | 0 | 0 | 0 | ||
| ALAN GREENBERGER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM P HANKOWSKY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL I HAUPTMAN AIA | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ALAN P HOFFMANN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM R MILLER IV | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DONN G SCOTT | |||||||
| BOARD CHAIRMAN | 1.00 | X | 0 | 0 | 0 | ||
| MARILYN JORDAN TAYLOR | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM L WILSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DIANE DALTO WOOSNAM | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ELLEN YIN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MARIO ZACHARJASZ AIA | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| GARY J JASTRZAD | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS P CORCORAN | |||||||
| PRESIDENT | 40.00 | 197862 | 0 | 64931 | X | ||
| JOSEPH FORKIN | |||||||
| VP OF OPERATIONS | 40.00 | 147010 | 0 | 40645 | X | ||
| JODIE MILKMAN | |||||||
| VP OR PROGRAMMING | 40.00 | 123653 | 0 | 29359 | X | ||
| NICHOLAS DIFILIPPO | |||||||
| CFO-THRU FEB 2011 | 40.00 | 115393 | 0 | 42226 | X | ||
| ZAKARIA REHAWI | |||||||
| MAINTENANCE/ENGINEER SUPER | 40.00 | 91556 | 0 | 28586 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 583918 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 177161 | 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 |
|---|---|---|---|---|---|
| AP CONSTRUCTION | |||||
| 1080 NORTH DELAWARE AVE STE 1500 | PHILADELPHIA | PA | 19125 | CONSTRUCTION | 5746929 |
| HYDRO-MARINE CONSTRUCTION CO INC | |||||
| 1345 ROUTE 38W | HAINESPORT | NJ | 08036 | CONSTRUCTION | 1080174 |
| COOPER ROBERTSON & PARTNERS | |||||
| 311 WEST 43RD STREET | NEW YORK | NY | 10036 | PLANNING | 622442 |
| BIOHABITATS | |||||
| 2081 CLIPPER PARK ROAD | BALTIMORE | MD | 21211 | CONSERVATION PLANNING | 503527 |
| JAMES CORNER FIELD OPERATIONS | |||||
| 101TH AVENUE | NEW YORK | NY | 10018 | DESIGN CONSULTANT | 350338 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 11 | NumberOfContractorsGT100K |
| Fundraising Events | 26550 | FundraisingEvents |
| Government Grants | 9459975 | GovernmentGrants |
| All Other Contributions | 1740581 | AllOtherContributions |
| Total Contributions | 11227106 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SITE REVENUE | 713990 | 4645114 | 4645114 |
| RENTAL INCOME | 713990 | 1298740 | 1298740 |
| SPONSORSHIP REVENUE | 713990 | 656100 | 656100 |
| MANAGEMENT FEES | 713990 | 437722 | 437722 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 7037676 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 57628 | TotalRevenueColumn |
| Exclusion | $57,628 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 170250 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 26550 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 223700 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -53450 | TotalRevenueColumn |
| Exclusion | -$53,450 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PERFORMANCE & MKTG SUB | 713990 | 500000 | 500000 |
| MISC INCOME | 713990 | 64455 | 64455 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 564455 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18833415 | TotalRevenueColumn |
| Related Or Exempt Function Income | 7602131 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $4,178 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 261934 | Total |
| Program Services | 52386 | ProgramServices |
| Management And General | 209548 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1960570 | Total |
| Program Services | 1687173 | ProgramServices |
| Management And General | 273397 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20159 | Total |
| Program Services | 14467 | ProgramServices |
| Management And General | 5692 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 388849 | Total |
| Program Services | 351183 | ProgramServices |
| Management And General | 37666 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241578 | Total |
| Program Services | 193262 | ProgramServices |
| Management And General | 48316 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23704 | Total |
| Program Services | 18963 | ProgramServices |
| Management And General | 4741 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 332220 | Total |
| Program Services | 265776 | ProgramServices |
| Management And General | 66444 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 122655 | Total |
| Program Services | 122655 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 216200 | Total |
| Management And General | 216200 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 872671 | Total |
| Program Services | 872671 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 560401 | Total |
| Program Services | 560401 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|
| ENGINEERING SERVICES | 9448815 | 9448815 | |
| PERFORMANCE/SITE ACTIVI | 1332229 | 1332229 | |
| PURCHASE OF SERVICES | 1126103 | 1126103 | |
| ADMINISTRATIVE SERVICES | 506905 | 482905 | 24000 |
| MAINTENANCE & REPAIRS | 475985 | 475985 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1217741 | Total |
| Program Services | 1099785 | ProgramServices |
| Management And General | 117956 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19108719 | Total |
| Program Services | 18104759 | ProgramServices |
| Management And General | 979960 | ManagementAndGeneral |
| Fundraising | 24000 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8003460 | BOY |
| EOY | 5497191 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1816886 | BOY |
| EOY | 6759147 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 141485 | BOY |
| EOY | 266172 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 21376714 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 11247086 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10682524 | BOY |
| EOY | 10129628 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20644355 | BOY |
| EOY | 22652138 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2386526 | BOY |
| EOY | 4776931 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6443824 | BOY |
| EOY | 6315431 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2437044 | BOY |
| EOY | 2458119 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11267394 | BOY |
| EOY | 13550481 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9376961 | BOY |
| EOY | 9101657 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9376961 | BOY |
| EOY | 9101657 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20644355 | BOY |
| EOY | 22652138 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -275304 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 2139051 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3099211 | CurrentTaxYearMinus1Year |
| Current Tax Year | 11755231 | CurrentTaxYear |
| Total | 16993493 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 6453339 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6149200 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6444640 | CurrentTaxYear |
| Total | 19047179 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 8592390 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9248411 | CurrentTaxYearMinus1Year |
| Current Tax Year | 18199871 | CurrentTaxYear |
| Total | 36040672 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 36040672 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 75604 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 40431 | CurrentTaxYearMinus1Year |
| Current Tax Year | 112845 | CurrentTaxYear |
| Total | 228880 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 75604 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 40431 | CurrentTaxYearMinus1Year |
| Current Tax Year | 112845 | CurrentTaxYear |
| Total | 228880 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 268358 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 541289 | CurrentTaxYearMinus1Year |
| Current Tax Year | 547599 | CurrentTaxYear |
| Total | 1357246 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 8936352 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9830131 | CurrentTaxYearMinus1Year |
| Current Tax Year | 18860315 | CurrentTaxYear |
| Total | 37626798 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| First5 Years509 | X | First5Years509 |
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
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1849765 | OtherCostOrOtherBasis |
| Book Value | 1849765 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9690713 | OtherCostOrOtherBasis |
| Depreciation | 6429282 | Depreciation |
| Book Value | 3261431 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6779451 | OtherCostOrOtherBasis |
| Depreciation | 4817804 | Depreciation |
| Book Value | 1961647 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3056785 | OtherCostOrOtherBasis |
| Book Value | 3056785 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 10129628 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| TERM LOAN PAYABLE | $66,863 |
| SECURITY DEPOSITS | $144,343 |
| LOAN PAYABLE | $1,849,765 |
| OTHER POST EMPLOYMENT BENIFITS LIABILITY | $397,148 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2458119 | TotalOfAmounts |
| Total Revenue | 18833415 | TotalRevenue |
| Total Expenses | 19108719 | TotalExpenses |
| Excess Or Deficit For Year | -275304 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | -275304 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 18999486 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 223700 | OtherRevenues |
| Revenue Not Rptd F990 | 223700 | RevenueNotRptdF990 |
| Revenue Subtotal | 18775786 | RevenueSubtotal |
| Other Revenues Not Included | 57629 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 57629 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 18833415 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 19332419 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 223700 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 223700 | ExpensesNotRptdF990 |
| Expenses Subtotal | 19108719 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 19108719 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | DIRECT FUNDRAISING EVENT EXPENSES 223,700. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INTEREST INCOME 57,629. |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | DIRECT FUNDRAISING EVENT EXPENSES 223,700. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | RACE STREET PIER PROMENADE | NameOfEvent1 |
| Gross Receipts Event1 | 196800 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 26550 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 170250 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 191550 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 10941 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 11327 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 4725 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 5156 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 196800 | GrossReceiptsTotal |
| Charitable Contributions Total | 26550 | CharitableContributionsTotal |
| Gross Revenue Total Events | 170250 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 191550 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 10941 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 11327 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 4725 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 5156 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 223699 | DirectExpenseSummaryEvents |
| Net Income Summary | -53449 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | 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 (4 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS P CORCORAN | |||||||||||||
| 195106 | 0 | 0 | 0 | 2756 | 0 | 41500 | 0 | 23431 | 0 | 262793 | 0 | 0 | 0 |
| JOSEPH FORKIN | |||||||||||||
| 139262 | 0 | 0 | 0 | 7748 | 0 | 16500 | 0 | 24145 | 0 | 187655 | 0 | 0 | 0 |
| JODIE MILKMAN | |||||||||||||
| 117653 | 0 | 0 | 0 | 6000 | 0 | 2473 | 0 | 26886 | 0 | 153012 | 0 | 0 | 0 |
| NICHOLAS DIFILIPPO | |||||||||||||
| 109393 | 0 | 0 | 0 | 6000 | 0 | 18808 | 0 | 23418 | 0 | 157619 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 4A | NICHOLAS DIFILIPPO SERVED AS CHIEF FINANCIAL OFFICER UNTIL FEBRUARY 18, 2011. HE WAS PAID $21,000 IN SEVERANCE DURING THE YEAR ENDED JUNE 30, 2011. | |
| PART III | NONTAXABLE BENEFITS INCLUDED ON SCHEDULE J, PART II INCLUDE MEDICAL, DENTAL, LIFE INSURANCE, LONG TERM DISABILITY INSURANCE, LESS THE EMPLOYEE'S PAYROLL DEDUCTION FOR THESE ITEMS. | SUPPLEMENTAL INFORMATION |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | THE MAYOR OF THE CITY OF PHILADELPHIA WILL SERVE AS A CLASS A DIRECTOR ON THE BOARD OF DIRECTORS, ALONG WITH THE DEPUTY MAYOR FOR PLANNING, AND THE EXECUTIVE DIRECTOR OF THE PHILADELPHIA CITY PLANNING COMMISSION. THE MAYOR OF THE CITY OF PHILADELPHIA APPOINTS THE INDIVIDUALS TO SERVE AS CLASS B DIRECTORS ON THE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE PRESIDENT SHALL ENSURE THAT GOVERNMENT-ORDERED PAYMENTS OR FILINGS ARE FILED IN A TIMELY AND ACCURATE MANNER. THE PRESIDENT SHALL SIGN AND CERTIFY THAT THE IRS FORM 990 IS ACCURATE AND COMPLETE. THE BUDGET/PERSONNEL COMMITTEE SHALL REVIEW AND APPROVE THE IRS FORM 990 ANNUAL TAX FILING PRIOR TO SUBMISSION, AND THE FULL BOARD SHALL RECEIVE A COPY OF THE IRS FORM 990 WITHIN 30 DAYS OF ITS SUBMISSION. | |
| DISCLOSURE OF ANY CONFLICT OF INTEREST/POLICY IS SENT TO DRWC'S ETHICS COMMITTEE FOR REVIEW AND COMMENT. | FORM 990, PART VI, SECTION B, LINE 12C | |
| COMPENSATION OF THE PRESIDENT IS DETERMINED BY THE BOARD OF DIRECTORS. COMPENSATION OF KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT PURSUANT TO A BUDGET THAT IS SUBMITTED TO AND APPROVED BY THE BOARD OF DIRECTORS. THE COMPENSATION ARRANGEMENT FOR EACH RECIPIENT IS CONSISTENT WITH INDUSTRY PRACTICES AND MARKET RATES BASED UPON AN INDEPENDENT REPORT. THE REPORT STATES THAT THE CURRENT COMPENSATION STRUCTURE IS GENERALLY COMPARABLE TO PRACTICES AMONG TAX-EXEMPT ORGANIZATIONS OF SIMILAR SIZE AND TYPE. | FORM 990, PART VI, SECTION B, LINE 15 | |
| GOVERNING DOCUMENTS CAN BE FOUND ON DELAWARE RIVER WATERFRONT CORPORATION'S WEBSITE. CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| THE BUDGET & PERSONNEL COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS REMAINS UNCHANGED FROM THE PRIOR YEAR. | FORM 990, PART XII, LINE 2C |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PENN'S LANDING LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 N COLUMBUS BLVD | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19106 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061690006 | EIN |
| Primary Activities | HOLD PA LIQUOR LICENSE FOR SALES AT PENNS LANDING WATERFRONT EVENTS | PrimaryActivities |
| Legal Domicile State | PA | LegalDomicileState |
| Total Income | 110004 | TotalIncome |
| EOY Assets | 102026 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELAWARE RIVER WATERFRONT CORPORATION | BusinessNameLine1 |
Comments