34TH STREET PARTNERSHIP INC: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: 34TH STREET PARTNERSHIP INC (EIN 13-3629973)
Tax period: 2009-07-01 to 2010-06-30
Filed: 2011-05-13
IRS object ID: 201131339349302798
Schema version: 2009v1.4
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule J
Schedule K
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-13T11:46:45-05:00	Timestamp
Tax Period End Date	2010-06-30	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2009-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	133629973	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	34th Street Partnership Inc	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	34TH	NameControl
Phone	2127193434	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1065 Avenue of the Americas No 2400	AddressLine1
City	New York	City
State	NY	State
ZIP Code	10018	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Peter Ciriello	Name
Title	Controller & CFO	Title
Phone	9174385112	Phone
Date Signed	2011-05-13	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Daniel A Beiderman	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1065 Avenue of the Americas Suite	AddressLine1
Address Line2	2400	AddressLine2
City	New York	City
State	NY	State
ZIP Code	10018	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	10734343	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	www.34thstreet.org	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1991	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	To provide the highest quality supplemental urban services and streetscape improvements,including security, sanitation, horticulture, visitor information, and management of the public parks at Herald and Greeley Squares, as well as, the design, construction and maintenance of streetscape and park improvements.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	47	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	45	NbrIndependentVotingMembers
Total Nbr Employees	198	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	200626	ContributionsGrantsPriorYear
Contributions Grants Current Year	250903	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	9630819	ProgramServiceRevenuePriorYear
Program Service Revenue CY	10429764	ProgramServiceRevenueCY
Investment Income Prior Year	81797	InvestmentIncomePriorYear
Investment Income Current Year	38491	InvestmentIncomeCurrentYear
Other Revenue Prior Year	163105	OtherRevenuePriorYear
Other Revenue Current Year	15185	OtherRevenueCurrentYear
Total Revenue Prior Year	10076347	TotalRevenuePriorYear
Total Revenue Current Year	10734343	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	6489195	SalariesEtcPriorYear
Salaries Etc Current Year	6395305	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	3923200	OtherExpensePriorYear
Other Expenses Current Year	4068781	OtherExpensesCurrentYear
Total Expenses Prior Year	10412395	TotalExpensesPriorYear
Total Expenses Current Year	10464086	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-336048	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	270257	RevenuesLessExpensesCY
Total Assets BOY	19359207	TotalAssetsBOY
Total Assets EOY	18640031	TotalAssetsEOY
Total Liabilities BOY	17171706	TotalLiabilitiesBOY
Total Liabilities EOY	16182273	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2187501	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	2457758	NetAssetsOrFundBalancesEOY
Mission Description	Pursuant to a contract with the NYC Department of Small Business Services, provide certain supplemental services and streetscape improvements intended to enhance the commercial and physical environment for people who work and live within, or vist, the 34th Street District in Manhattan. Services provided include security, sanitation, horticulture, visitor information, management of the public parks at Herald and Greeley Squares, as well as, the design, construction and maintenance of streetscape and park improvements.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	2434733	Expense
Description	Capital projects: streetscape improvements are designed, built and maintained in accordance with the urban design plan for the 34th Street distict. Capital project expenses include interest and other charges related to the debt issued to finance improvements, as well as, depreciation of the improvements.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	2857467	Expense
Description	Sanitation: uniformed sweepers pick up litter, clean gutters, empty trash receptacles, remove graffiti and stickers, and clean sidewalk corners and other streetscape elements throughout the district.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	2037815	Expense
Description	Security and taxi stands: uniformed security officers patrol the district, and man taxi stands around Penn Station. Security officers deter crime, report incidents to the NYPD, protect property and assist visitor and residents.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	2091429	Expense
Description	Other program services include: seasonal horticultural displays in district planters, elevated baskets, tree pits and parks; management of the Herald and Greeley Square Parks; manned tourist and visitor information carts; retail and design services and promotion of the district and its businesses.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	2091429	TotalOfOtherProgramServiceExp
Total Program Service Expense	9421444	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
Balance Sheet Amounts Reported	1	BalanceSheetAmountsReported
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	1	TaxExemptBonds
Invest Tax Exempt Bonds	1	InvestTaxExemptBonds
Escrow Account	1	EscrowAccount
On Behalf Of Issuer	1	OnBehalfOfIssuer
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	1	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	1	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	12	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	198	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
Nbr Voting Governing Body Members	47	NbrVotingGoverningBodyMembers
Number Independent Voting Members	45	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	0	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	0	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

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	Peter Ciriello	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	2127193434	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1065 Avenue of the Americas Suite	AddressLine1
City	New York	City
State	NY	State
ZIP Code	10018	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (67 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
Richard J Brickell
Director	0.00	X	0	0	0
Michael Close
Director	0.00	X	0	0	0
Randy Czyzewski
Director	0.00	X	0	0	0
Mike Decataldo
Director	0.00	X	0	0	0
Donald Distasio
Director	0.00	X	0	0	0
Scott Domansky
Director	0.00	X	0	0	0
Hal Fetner
Director	0.00	X	0	0	0
Joel G Fisher
Director	0.00	X	0	0	0
Fr Patrick Fitzgerald
Director	0.00	X	0	0	0
Larry Frankel
Director	0.00	X	0	0	0
Kamiye Furuta
Director	0.00	X	0	0	0
J Ben Gainey
Director	0.00	X	0	0	0
David R Greenbaum
Director	0.00	X	0	0	0
Eric M Gural
Director	0.00	X	0	0	0
Stephen D Haymes
Director	0.00	X	0	0	0
Greg J Izzo
Director	0.00	X	0	0	0
Joseph Jerome
Director	0.00	X	0	0	0
Steven J Kaufman
Director	0.00	X	0	0	0
William P Kelly
Director	0.00	X	0	0	0
Peter Levenson
Director	0.00	X	0	0	0
Peter L Malkin
Director	0.00	X	0	0	0
Martin Meyey
Director	0.00	X	0	0	0
Andrew S Ratner
Director	0.00	X	0	0	0
Alan Rubenstein
Director	0.00	X	0	0	0
Gaston Silva
Director	0.00	X	0	0	0
Ira Steinberg
Director	0.00	X	0	0	0
Jeff Sutton
Director	0.00	X	0	0	0
W James Tozer
Director	0.00	X	0	0	0
Keneth Walsh
Director	0.00	X	0	0	0
Ofer Yardeni
Director	0.00	X	0	0	0
Michele Abbatemarco
Director	0.00	X	0	0	0
Jose L Andrade
Director	0.00	X	0	0	0
Kirk Bell
Director	0.00	X	0	0	0
Bruce R Bent
Director	0.00	X	0	0	0
Jon Bloostein
Director	0.00	X	0	0	0
Julian F Bozeman
Director	0.00	X	0	0	0
Tom Curley
Director	0.00	X	0	0	0
Peter Fitzpatrick
Director	0.00	X	0	0	0
Michael Jones
Director	0.00	X	0	0	0
Adam Levine
Director	0.00	X	0	0	0
Shmully Litvin
Director	0.00	X	0	0	0
Martin Whelan
Director	0.00	X	0	0	0
James Fritzky
Director	0.00	X	0	0	0
James Weinstein
Director	0.00	X	0	0	0
Timothy J Gilchrist
Director	0.00	X	0	0	0
Helena E Williams
Director	0.00	X	0	0	0
John Weis
Director	0.00	X	0	0	0
Vikki Barbero
Director	0.00	X	0	0	0
Mark Thompson
Director	0.00	X	0	0	0
John Liu
Director	0.00	X	0	0	0
Christine Quinn
Director	0.00	X	0	0	0
Scott Stringer
Director	0.00	X	0	0	0
Robert Walsh
Director	0.00	X	0	0	0
Bruce D Gittlin
Chairman	0.00	X	0	0	0	X
Robert McClary
Secretary	0.00	X	0	0	0	X
Thomas Nemeth
Treasurer	0.00	X	0	0	0	X
Daniel A Biederman
President	40.00	X	229656	229656	0	X	X
Richard Dillon
VP Security and Operatio	40.00		151080	57235	0	X	X
Dan Pisark
VP Retail and Amenities	40.00		127775	70191	0	X	X
Peter Ciriello
Controller & CFO	40.00		112000	58106	0	X	X
Craig LaCaruba
VP Capital Projects	40.00		94000	116325	0	X
Jerome Barth
VP Business Affairs	40.00		32542	114844	0	X
Ethan Lercher
Public Events Director	40.00		15516	140101	0		X
Ignaccio Ciocchini
Design Director	40.00		55081	78085	0		X
Alice Cashman
Events Deputy Director	40.00		10634	96539	0		X
Paul Romero
Visitor Service Director	40.00		52788	52788	0		X
George Townley
IT Director	40.00		51502	51932	0		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	932574	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	1065802	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	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
Drill Construction
80 Main Street Suite 570	West Orange	NJ	07052	Office construction	272398
ValleyCrest Landscape Maintenance
PO Box 404083	Atlanta	GA	30384	Horticultural maintenance	206972
Littler Mendelson PC
PO Box 45547	San Francisco	NY	94145	Legal	201438
Hellman Electric Corp
855 Brush Avenue	Bronx	NY	10465	Streetlight maintenance	127735
Alexander Wolf & Son
211 E 43rd Street	New York	NY	10017	Streetscape construction	109896

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	5	NumberOfContractorsGT100K
All Other Contributions	250903	AllOtherContributions
Total Contributions	250903	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Assessments	900099	9291500	9291500
Park usage fees	711300	613590	613590
Lightpole banner rev.	541800	223264	223264
Park concessions	722210	200747	200747
Taxi stand reimburseme	900099	100663	100663

Field	Value	IRS element (for citing)
Total Program Service Revenue	10429764	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	38491	TotalRevenueColumn
Exclusion	$38,491	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	Miscellaneous	Description
Business Code	900099	BusinessCode
Total Revenue Column	15185	TotalRevenueColumn
Related Or Exempt Function Income	15185	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	15185	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	10734343	TotalRevenueColumn
Related Or Exempt Function Income	10444949	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$38,491	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1032574	Total
Program Services	675143	ProgramServices
Management And General	357431	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	3891481	Total
Program Services	3597916	ProgramServices
Management And General	293565	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	62600	Total
Program Services	45915	ProgramServices
Management And General	16685	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	971425	Total
Program Services	929141	ProgramServices
Management And General	42284	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	437225	Total
Program Services	392243	ProgramServices
Management And General	44982	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	247962	Total
Program Services	244950	ProgramServices
Management And General	3012	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	37500	Total
Management And General	37500	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	947607	Total
Program Services	909899	ProgramServices
Management And General	37708	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	402526	Total
Program Services	328156	ProgramServices
Management And General	74370	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	6104	Total
Program Services	3150	ProgramServices
Management And General	2954	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	6081	Total
Program Services	3240	ProgramServices
Management And General	2841	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	695228	Total
Program Services	695228	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	849756	Total
Program Services	819827	ProgramServices
Management And General	29929	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	222643	Total
Program Services	196069	ProgramServices
Management And General	26574	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
Supplies and equipment	351724	320066	31658
Maintenance and repair	217033	213644	3389
Communications	38030	32006	6024
Dues and subscriptions	21257	3165	18092

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	25330	Total
Program Services	11686	ProgramServices
Management And General	13644	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	10464086	Total
Program Services	9421444	ProgramServices
Management And General	1042642	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	257031	BOY
EOY	198821	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	3781373	BOY
EOY	3454328	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	290894	BOY
EOY	281745	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	24089390	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	9565509	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	14834153	BOY
EOY	14523881	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	195756	BOY
EOY	181256	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	19359207	BOY
EOY	18640031	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	507545	BOY
EOY	399572	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	16295567	BOY
EOY	15431639	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	368594	BOY
EOY	351062	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	17171706	BOY
EOY	16182273	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2187501	BOY
EOY	2457758	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2187501	BOY
EOY	2457758	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	19359207	BOY
EOY	18640031	EOY

Field	Value	IRS element (for citing)
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 Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	228457	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	205957	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	200626	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	200626	CurrentTaxYearMinus1Year
Current Tax Year	250903	CurrentTaxYear
Total	1086569	Total

Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	8657000	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	8657000	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	9216000	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	9291500	CurrentTaxYearMinus1Year
Current Tax Year	9291500	CurrentTaxYear
Total	45113000	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	8885457	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	8862957	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	9416626	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	9492126	CurrentTaxYearMinus1Year
Current Tax Year	9542403	CurrentTaxYear
Total	46199569	Total

Field	Value	IRS element (for citing)
Public Support Total170	46199569	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	305257	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	374101	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	224818	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	81797	CurrentTaxYearMinus1Year
Current Tax Year	38491	CurrentTaxYear
Total	1024464	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	45252	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	13198	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	22847	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3228	CurrentTaxYearMinus1Year
Current Tax Year	15185	CurrentTaxYear
Total	99710	Total

Field	Value	IRS element (for citing)
Total Support	47323743	TotalSupport
Gross Receipts From Admissions Etc	3550000	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.97620	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.97160	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170
General Explanation	Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous income	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

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	197517	OtherCostOrOtherBasis
Depreciation	92402	Depreciation
Book Value	105115	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	415397	OtherCostOrOtherBasis
Depreciation	260583	Depreciation
Book Value	154814	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	23476476	OtherCostOrOtherBasis
Depreciation	9212524	Depreciation
Book Value	14263952	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	14523881	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	Accrued bond interest	Description
Amount	$351,062	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	351062	TotalOfAmounts
Total Revenue	10734343	TotalRevenue
Total Expenses	10464086	TotalExpenses
Excess Or Deficit For Year	270257	ExcessOrDeficitForYear
Total Adjustments	0	TotalAdjustments
Excess Or Deficit Per FS	270257	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	10734343	TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F990	0	RevenueNotRptdF990
Revenue Subtotal	10734343	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	10734343	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	10464086	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	10464086	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	10464086	TotalExpensesPerForm990

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Independent Consultant	X	IndependentConsultant
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
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 (6 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
Daniel A Biederman
229656	229656	0	0	0	0	5414	5414	9450	9450	244520	244520	220027	220027
Richard Dillon
151080	57235	0	0	0	0	4444	1482	5026	1676	160550	60393	151106	57194
Dan Pisark
127775	70191	0	0	0	0	2556	1376	9555	5145	139886	76712	124914	69628
Peter Ciriello
112000	58106	0	0	0	0	3296	1412	438	389	115734	59907	112377	62444
Craig LaCaruba
94000	116325	0	0	0	0	2820	2820	7350	7350	104170	126495	80358	104449
Ethan Lercher
15516	140101	0	0	0	0	457	4107	601	5412	16574	149620	0	0

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	34th Street Partnership Inc	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	133629973	IssuerEIN
CUSIP Number	884286BL8	CUSIPNumber
Date Issued	2003-05-13	DateIssued
Issue Price	20309051	IssuePrice
Description Of Purpose	Refunding bonds	DescriptionOfPurpose
Defeased	0	Defeased
On Behalf Of Issuer	1	OnBehalfOfIssuer

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Total Proceeds	20324919	TotalProceeds
Amount In Reserve Fund	1662445	AmountInReserveFund
Issuance Costs From Proceeds	274020	IssuanceCostsFromProceeds
Year Of Subst Completion	2007	YearOfSubstCompletion
Current Refunding	1	CurrentRefunding
Advance Refunding	0	AdvanceRefunding
Final Allocation Made	1	FinalAllocationMade
Adequate Books And Recds Maintaind	1	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Owning Bond Financed Property	0	OwningBondFinancedProperty
Any Lease Arrangements	0	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	0	MngmentCntrctBondFinancdPrprty
Any Research Agreements	0	AnyResearchAgreements
Bond Counsel Routinely Engaged	0	BondCounselRoutinelyEngaged
Post Issuance Compliance Procdrs	0	PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	0	Form8038TFiled
Variable Rate Issue	0	VariableRateIssue
Hedge Identified In Books And Recds	0	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGIC
Regulatory Safe Harbor Satisfied	0	RegulatorySafeHarborSatisfied
Gross Proceeds Invested	1	GrossProceedsInvested
Exception To Rebate	0	ExceptionToRebate

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Field	Value	IRS element (for citing)
Name Person	Steven J Kaufman	NamePerson

Field	Value	IRS element (for citing)
Relationship	Individual director, also a principal of Davidkay Associates	Relationship
Amount Of Transaction	120099	AmountOfTransaction
Description Of Transaction	Field office rental - the Organization leases space for its sanitation and security operations from Davidkay Associates.	DescriptionOfTransaction
Sharing Of Revenues	0	SharingOfRevenues

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	ExplanationExplanation
Form 990, Part VI, Section A, line 6	The corporation has five classes of membership: Class A consists of owners of record of real property within the district; Class B consists of tenants who are occupants pursuant to a lease of commercial space in the district; Class C consists of tenants who are occupants pursuant to leases of dwelling units within the district; Class D consists of the Mayor of New York, the Comptroller of the City of New York, the Borough President of Manhattan, and the Speaker of the Council of the City of New York or each of their designees; Class E consists of any interested person who is not eligible for Classes A, B, C or D membership. Classes A, B, C and E are open to those persons who apply for membership by filing an address card with the principal office of the Corporation. Members of Classes A, B and C are entitled to elect directors of the Corpoaration. Members of Class D are directors of the Corporation. Members of Class E are non-voting members. There are no fees or dues for members.
Form 990, Part VI, Section A, line 7a	Owners of real property (Class A members), commercial tenants (Class B members) and residential tenants (Class C members) are entitled to elect directors of the Corporation.
Form 990, Part VI, Section B, line 11	Form 990 is prepared by the Controller and Chief Financial Officer, reviewed by other members of the organization's senior management and approved by the president prior to filing. Although there was insufficient time to provide a complete and accurate Form 990 to the governing body prior to filing, copies will be provided to each Board member for thier review and comment. If any changes to the form are required based on this review, an ammended return will be filed.
Form 990, Part VI, Section B, line 12c	Officers, directors and key employees of 34th Street Partnership, Inc., at least annually, receive a copy of the company's conflict of interest policy, and acknowledge,in writing, that they have reviewed the policy, and that they agree to abide by the policy.
Form 990, Part VI, Section B, line 15	The executive committee of the Corporation, along with the executive committee of the affiliated organizations, Bryant Park Corporation and Bryant Park Management Corporation, negotiate the terms of the employment contract of the Corporation's president. The president's employment contract is typically for a period of four years, and compensation is determined through the executive committees' comparison of the compensation of other large and influential New York City area real estate and not-for-profit organizations and other buisiness improvement district chief executives. For the contract beginning July 1, 2010, the executive committee retained an independent third party to compile this data. The compensation of other officers and key employees is determined by the president, and reviewed by the corporation's finance committee.
Form 990, Part VI, Section C, line 19	The 34th Street Partnership, Inc. posts its most recently completed financial statements and Form 990 on its website. Corporate governing documents, the coflict of interset policy, financial statements and Form 990 are all available to be viewed at the Corporation's administrative office during regular business hours, upon request. Additionally, financial statements are mailed or e-mailed upon request.
Schedule K Supplental Information	Part I(f): Proceeds of the Bonds were used to refund the Issuer's Bonds issued on August 24, 1993. Part II, Line 5 includes: Expense Fund: $134,214 Underwriter's Discount: $139,806

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus
Bryant Park Corporation
1065 Avenue of the Americas	New York	NY	10018	133009946	Management of Bryant Park in Midtown Manhattan	NY	501(c)(3)	509(a)(3)
Bryant Park Management Corporation
1065 Avenue of the Americas	New York	NY	10018	133318053	Business Improvement District serving the area around Bryant Park	NY	501(c)(3)	170(b)(1) (A)(vi)
Chelsea Improvement Company
1065 Avenue of the Americas	New York	NY	10018	208009144	Improvement of the neighborhood in the Chelsea section of New York City	NY	501(c)(4)

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	0	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	0	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	0	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	0	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	0	ExchangeOfAssets
Rental Of Facilities To Other Orgs	0	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	0	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	0	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	0	PerformOfServicesByOtherOrgs
Sharing Of Facilities	1	SharingOfFacilities
Sharing Of Paid Employees	1	SharingOfPaidEmployees
Reimbursement Paid To Other Org	1	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	0	OtherTransferToOtherOrg
Other Transfer From Other Org	0	OtherTransferFromOtherOrg