2026-09-23T10:26:36-05:00 2025-12-31 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2025-01-01 232703821 FAIRMOUNT PARK CONSERVANCY FAIR 2159889334 4700 STATES DRIVE OHIO HOUSE PHILADELPHIA PA 19131 SURGE GHOSH TREASURER 2159889334 2026-09-22 1 HELEN M MARTIN P01330899 2158818800 2025 TONY SORRENTO CEO 4700 STATES DRIVE OHIO HOUSE PHILADELPHIA PA 19131 18843415 0 X WWW.MYPHILLYPARK.ORG X 1992 PA FAIRMOUNT PARK CONSERVANCY BRINGS PARKS TO LIFE. (CONT'D IN SCH O)THE CONSERVANCY WORKS WITH THE CITY OF PHILADELPHIA AND ITS COMMUNITIES TO STEWARD OUR PARKS, NURTURE OUR SHARED ENVIRONMENT, CULTURAL RESOURCES, AND PUBLIC HEALTH - AND ENHANCE QUALITY OF LIFE AND STIMULATE ECONOMIC DEVELOPMENT. 23 23 38 5378 0 0 32864091 15754420 1448308 1548040 357560 553710 0 0 34669959 17856170 43034 47319 0 0 3877912 3274675 550000 420000 1418317 24420155 13806167 28891101 17548161 5778858 308009 28169914 25550729 12801692 9452123 15368222 16098606 X FAIRMOUNT PARK CONSERVANCY BRINGS PARKS TO LIFE. THE CONSERVANCY WORKS WITH THE CITY OF PHILADELPHIA AND ITS COMMUNITIES TO STEWARD OUR PARKS AND NURTURE OUR SHARED ENVIRONMENT, CULTURAL RESOURCES AND PUBLIC HEALTH (CONT'D IN SCH O)- AND ENHANCE QUALITY OF LIFE AND STIMULATE ECONOMIC DEVELOPMENT. THE CONSERVANCY LEADS CAPITAL PROJECTS AND LARGE-SCALE HISTORIC PRESERVATION EFFORTS, FOSTERS NEIGHBORHOOD PARK STEWARDSHIP, ATTRACTS AND LEVERAGES INVESTMENTS AND DEVELOPS INNOVATIVE PROGRAMS THROUGHOUT THE 10,200 ACRES THAT INCLUDE FAIRMOUNT PARK, SIX OTHER WATERSHED PARKS AND MORE THAN 140 NEIGHBORHOOD PARKS AND GARDENS AROUND THE CITY. 0 0 11253146 1514665 THE FAIRMOUNT PARK CONSERVANCY LEADS LARGE-SCALE CAPITAL IMPROVEMENTS TO PHILADELPHIA PARKLANDS, FROM PLANNING THROUGH CONSTRUCTION. IN 2025, PROJECTS INCLUDED ADVANCING THE COMPREHENSIVE LONG-RANGE FDR PARK PLAN, CONTINUING THE RENOVATION OF A RECREATION CENTER IN COBBS CREEK PARK, FINISHING DESIGNS TO ENHANCE THE CENTENNIAL DISTRICT OF WEST FAIRMOUNT PARK, AND ONGOING LAND CARE IN KEY GEOGRAPHIES ACROSS PHILADELPHIA. FDR PARK: THE CONSERVANCY, IN PARTNERSHIP WITH PHILADELPHIA PARKS & RECREATION, CONTINUES TO DELIVER TANGIBLE PROGRESS TOWARDS IMPLEMENTING THE FDR PARK PLAN. IN 2025, THE CONSERVANCY COMPLETED CONSTRUCTION OF THE $6 MILLION GATEWAY PLAZA, WHICH INCLUDES 81 NEW NATIVE TREES, STORM GARDENS FEATURING NATIVE PLANTS AND FLOWERING UNDERSTORY CANOPY TO ABSORB STORMWATER, AND PLAZAS FORMED IN THE SHAPES OF THE PARK'S ICONIC LAKES.IN 2025 THE CONSERVANCY ALSO COMPLETED CONSTRUCTION OF THE FDR PARK WELCOME CENTER. INITIATED IN 2022, THIS $12 MILLION PROJECT IS AN ADAPTIVE REUSE OF THE FORMER PARK GUARDHOUSE AND HORSE STABLES, MADE POSSIBLE THROUGH A PUBLIC-PRIVATE PARTNERSHIP BETWEEN THE CITY OF PHILADELPHIA AND THE CONSERVANCY.THE NEW WELCOME CENTER IS LEED GOLD CERTIFIED AND FEATURES PUBLIC RESTROOMS, AN OPEN-AIR COURTYARD FOR REFRESHMENTS AND EVENTS, COMMUNITY MEETING SPACES, PARK OFFICES, AND AN INFORMATION CENTER.COBBS CREEK PARK: FAIRMOUNT PARK CONSERVANCY CONTINUED ITS OVERSIGHT OF THE JOHNNY SAMPLE (COBBS CREEK) REC CENTER RENOVATION SUPPORTED BY THE CITY OF PHILADELPHIA'S REBUILD PROGRAM. THIS $15 MILLION PROJECT BRINGS NEW LIFE TO A BELOVED CORNERSTONE OF THE COBBS CREEK COMMUNITY THROUGH IMPROVED ACCESSIBILITY FEATURES, NEW ROOFING AND HVAC, A BOXING GYM AND MULTIPURPOSE ROOMS, AND A COMPLETELY REFINISHED BASKETBALL GYM. THE RENOVATION EXTENDS INTO THE REC CENTER'S LANDSCAPE AS WELL, CREATING ACCESSIBLE PATHWAYS AND ADDING NATIVE PLANTS AND TREES ALONG THE PARK TRAIL LEADING TO THE SITE.WEST FAIRMOUNT PARK: THE CONSERVANCY RELEASED NEW DESIGNS FOR THE HISTORIC JOHN WELSH MEMORIAL FOUNTAIN IN WEST FAIRMOUNT PARK'S CENTENNIAL DISTRICT, ENVISIONING A RESTORED FOUNTAIN SURROUNDED BY WELCOMING SPACES FOR PLAY, LEARNING, ART, AND RELAXATION. INFORMED BY EXTENSIVE COMMUNITY INPUT, THE PLANS FOR THE WELSH FOUNTAIN GARDEN ALSO IMPROVE PEDESTRIAN ACCESS, HIGHLIGHT PARKSIDE'S CULTURAL HISTORY, AND STRENGTHEN THE LANDSCAPE WITH RESILIENT NATIVE PLANTINGS. 1336166 47319 33375 CITYWIDE PARK STEWARDSHIP AND CANOPY GROWTH: IN 2025, THE CONSERVANCY WORKED WITH PHILADELPHIA PARKS & RECREATION AND LOCAL VOLUNTEERS TO PLANT 1,409 TREES AND 498 SHRUBS ACROSS PHILLY PARKS, INCLUDING EAST AND WEST FAIRMOUNT PARK, COBBS CREEK, AND FDR PARK. THESE PLANTINGS EXPANDED THE URBAN CANOPY, RESTORED BIODIVERSITY, AND STRENGTHENED CLIMATE RESILIENCE, CREATING BOTH SHADE AND BEAUTY FOR GENERATIONS TO ENJOY.EVERY SPRING AND FALL, THE CONSERVANCY PARTNERS WITH PHILADELPHIA PARKS & RECREATION AND PARK FRIENDS GROUPS TO ORGANIZE A CITY-WIDE PARK CLEANUP CALLED LOVE YOUR PARK. THIS YEAR, A RECORD 4,040 VOLUNTEERS PLANTED 344 TREES AND 10,260 FLOWER BULBS, REMOVED 1,307 BAGS OF TRASH, AND COLLECTED 3,981 BAGS OF LEAVES AND ORGANIC DEBRIS FOR COMPOSTING.IN ADDITION, MORE THAN 1,430 VOLUNTEERS JOINED THE CONSERVANCY AT 63 PARK CLEANUP EVENTS IN EAST AND WEST FAIRMOUNT PARK, FDR PARK, AND COBBS CREEK PARK IN 2025, CONTRIBUTING THOUSANDS OF VOLUNTEER HOURS TO CLEANING AND GREENING, PLANTING 498 TREES AND 381 SHRUBS, AND TENDING TO 1,120 TREES. 359395 PUBLIC PROGRAMS AND WELLNESS: THROUGHOUT 2025, THE CONSERVANCY OFFERED FREE AND LOW-COST PROGRAMS DESIGNED TO BRING PEOPLE TOGETHER AND ENCOURAGE PHILADELPHIANS TO ENJOY THEIR PARKS IN NEW WAYS. IN TOTAL, OVER 8,700 PEOPLE FROM 51 ZIP CODES ACROSS THE CITY AND REGION ATTENDED THE 81 PROGRAM EVENTS THAT THE CONSERVANCY ORGANIZED. SIXTY PERCENT OF PROGRAMS WERE COMPLETELY FREE, AND 70% OF PROGRAM PARTNERS ARE MINORITY AND WOMEN-OWNED BUSINESSES.IN ADDITION, THE POPULAR CITYWIDE WE WALK PHL PROGRAM KEPT UP THE PACE THROUGHOUT 2025, OFFERING 28 LOCATIONS FOR FREE WEEKLY GROUP WALKS IN THE SPRING AND FALL. THE PROGRAM IS A NATIONAL MODEL AND CONSERVANCY STAFF REGULARLY ADVISE OTHER CITIES ON CREATING SIMILAR PROGRAMS. 12948707 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 135 0 1 38 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X YOUR PART TIME CONTROLLER 2156702010 1600 MARKET ST STE 3425 PHILADELPHIA PA 19103 CAROL S EICHER CHAIR AND PRESIDENT 5.00 X X 0 0 0 CAROL HORNE PENN VICE PRESIDENT & DIRECTOR 5.00 X X 0 0 0 HESHAN WANIGASEKERA VICE PRESIDENT & DIRECTOR 5.00 X X 0 0 0 SURGE GHOSH TREASURER & DIRECTOR 5.00 X X 0 0 0 MAX BERGER TREASURER & DIRECTOR (THRU 4/25) 5.00 X X 0 0 0 MARY COE SECRETARY & DIRECTOR 5.00 X X 0 0 0 JOHN K BINSWANGER DIRECTOR AT LARGE FOR LIFE 5.00 X 0 0 0 CONNOR BARWIN DIRECTOR 5.00 X 0 0 0 ILENE BURAK DIRECTOR 5.00 X 0 0 0 MARK CELONI DIRECTOR 5.00 X 0 0 0 AMY DERSTINE DIRECTOR 5.00 X 0 0 0 JOHN GATTUSO DIRECTOR 5.00 X 0 0 0 HONORABLE JAMIE R GAUTHIER DIRECTOR 5.00 X 0 0 0 JOHN B KELLY III DIRECTOR 5.00 X 0 0 0 OBRA KERNODLE DIRECTOR 5.00 X 0 0 0 JONATHAN KETZNER DIRECTOR 5.00 X 0 0 0 RICHARD LAZER DIRECTOR 5.00 X 0 0 0 JOHN LEVITTIES DIRECTOR 5.00 X 0 0 0 JOSEPH M MANKO DIRECTOR 5.00 X 0 0 0 MATTHEW MCCLURE DIRECTOR 5.00 X 0 0 0 BRETT NEDELKOFF DIRECTOR 5.00 X 0 0 0 HONORABLE ANTHONY PHILLIPS DIRECTOR 5.00 X 0 0 0 SUSAN SLAWSON DIRECTOR 5.00 X 0 0 0 SANDRA W WECKESSER DIRECTOR 5.00 X 0 0 0 PREMA KATARI GUPTA DIRECTOR (THRU 1/16/25) 5.00 X 0 0 0 DEB MCLOUGHLIN DIRECTOR (THRU 11/25) 5.00 X 0 0 0 TONY SORRENTINO CEO (EFF 10/25) 40.00 X 0 0 0 TIM CLAIR INTERIM CFO (INTERIM CEO THRU 10/25) 40.00 X 229634 0 0 ALLISON SCHAPKER CHIEF PROJECTS OFFICER 40.00 X 197000 0 17578 MARGARET HOLSCHER CHIEF DEVELOPMENT OFFICER 40.00 X 140364 0 33207 KEVIN ROCHE CHIEF OF STAFF 40.00 X 148800 0 6584 LORI FRANZKE DIRECTOR OF MAJOR GIFTS 40.00 X 125000 0 1599 SARAH PETERSON DIRECTOR OF COMMUNICATIONS 40.00 X 124309 0 15051 965107 0 74019 8 0 1 0 ROCKPORT CONSTRUCTION CO INC 231 NORTH WYCOMBE AVE LANSDOWNE PA 19050 CONSTRUCTION SERVICES 3157575 SERAVALLI INC 10059 SANDMEYER LANE PHILADELPHIA PA 19116 CONSTRUCTION SERVICES 2831166 WRT LLC 1700 MARKET ST STE 2800 PHILADELPHIA PA 19103 CAPITAL PLANNING DESIGN SERVICES 954759 COMMUNITY COUNSELLING SERVICE 527 MADISON AVE 5TH FL NEW YORK NY 10022 FUNDRAISING CAMPAIGN MANAGEMENT 911529 DANIEL J KEATING COMPANY 134 N NARBERTH AVENUE NARBERTH PA 19072 CAPITAL PLANNING CONSTRUCTION SERVICES 860313 11 9499218 6255202 457385 15754420 CONSERVATION FEES 561700 1514665 1514665 RENTAL REVENUES 532000 33375 33375 1548040 530844 530844 1010111 987245 22866 22866 22866 17856170 1548040 0 553710 47319 47319 229635 45927 91854 91854 2513760 1662503 517368 333889 68638 68638 242488 2602 239238 648 220154 137216 48744 34194 404192 213812 190380 379346 379346 126000 126000 420000 420000 861219 662501 191030 7688 32373 11976 20397 1304082 167823 1045793 90466 23146 5612 17534 134563 70829 13430 50304 14147 2323 11824 CONSTRUCTION CONTRACTS 8243950 8237950 6000 PARK IMPROVEMENTS 1319493 747230 342858 229405 BUILDING REPAIRS-MATERI 831814 813815 15849 2150 DEVELOPMENT/MATERIALS A 77462 66320 11142 54380 52949 1251 180 17548161 12948707 3181137 1418317 564891 787669 4627293 7234508 4134544 1372939 14727111 10306717 179597 129436 354488 304733 22464 49755 3914014 5669705 28169914 25550729 2909255 2440648 697343 235650 9192744 6768803 2350 7022 12801692 9452123 X -1125659 485281 16493881 15613325 15368222 16098606 28169914 25550729 308009 422375 0 X X 0 1 X 1 0 X 13326517 6608824 24503276 32864091 15788397 93091105 38000 38000 38000 38000 38000 190000 13364517 6646824 24541276 32902091 15826397 93281105 19891358 73389747 245081 154648 160633 354710 530844 1445916 94727021 4808377 0.77470 0.79330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 126000 126000 0 PART II-B, LINE 1: THE ORGANIZATION CONTRACTS WITH FIRMS THAT PROVIDE GOVERNMENT RELATIONS SERVICES. THESE SERVICES INCLUDE MONITORING AND REPORTING TO THE ORGANIZATION ON LEGISLATIVE, REGULATORY AND ADMINISTRATIVE MATTERS AFFECTING THE ORGANIZATION AND ITS FUNDING. 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 1.00000 0 0 36680 36680 0 317808 268053 49755 49755 SECURITY DEPOSITS 7022 7022 X 18411313 422375 132768 555143 17856170 0 17856170 17680929 132768 132768 17548161 0 17548161 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS CLASSIFIED THE CONSERVANCY AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"); AS AN ORGANIZATION, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C) OF THE CODE; AND AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF THE CONSERVANCY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CONSERVANCY AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CONSERVANCY RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR THE YEAR ENDED DECEMBER 31, 2025 OR 2024. X X X X X X 0 COMMUNITY COUNSELLING SERVICES PO BOX 824885 PHILADELPHIA PA 191824885 FUNDRAISING CAMPAIGN ACTIVITIES 0 0 420000 -420000 420000 -420000 1 PART I, LINE 2: GRANT FUNDS ARE MONITORED BY PROGRAM MANAGERS. THE GRANTS AWARDED DURING 2025 WERE ALL LESS THAN $5,000, THEREFORE NOT INCLUDED IN THE DETAIL ABOVE. X X X 1 0 0 0 0 0 0 0 0 TIM CLAIR INTERIM CFO (INTERIM CEO THRU 10/25) 229634 0 0 0 0 0 0 0 0 0 229634 0 0 0 ALLISON SCHAPKER CHIEF PROJECTS OFFICER 197000 0 0 0 0 0 6769 0 10809 0 214578 0 0 0 MARGARET HOLSCHER CHIEF DEVELOPMENT OFFICER 140364 0 0 0 0 0 5951 0 27256 0 173571 0 0 0 KEVIN ROCHE CHIEF OF STAFF 148800 0 0 0 0 0 5952 0 632 0 155384 0 0 0 PART I, LINE 4A THE FORMER CEO RECEIVED A SEVERANCE EQUIVALENT TO 6 MONTHS BASE SALARY, PAYABLE IN MONTHLY INSTALLMENTS THROUGH APRIL 2026. IN ADDITION, PAYMENT FOR UNUSED PAID TIME OFF IN ACCORDANCE WITH THE COMPANY'S STANDARD POLICY WILL ALSO BE MADE, ESTIMATED AT 82 HOURS. X 2 457385 HI/LOW DATE OF DONATION 0 0 0 PART I, COLUMN (B): THE COUNT ON LINE 9 REPRESENTS THE NUMBER OF UNIQUE CONTRIBUTIONS OF SECURITIES BY A DONOR. FORM 990, PART VI, SECTION A, LINE 7A PHILADELPHIA CITY COUNCIL PRESIDENT HAS THE ABILITY TO DESIGNATE TWO INDIVIDUALS WHO ARE MEMBERS OR SENIOR OFFICERS OF THE PHILADELPHIA CITY COUNCIL TO SERVE ON THE BOARD AND IN ADDITION CAN DESIGNATE AN INDIVIDUAL FROM THE PHILADELPHIA CITY COUNCIL PRESIDENT'S OFFICE TO SERVE ON THE BOARD (SUCH AN INDIVIDUAL SHALL BE THE "DESIGNATED COUNCIL PRESIDENT DIRECTOR"). THE CHAIRMAN OF THE PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATE ("PIDC") HAS THE ABILITY TO DESIGNATE AN INDIVIDUAL FROM PIDC TO SERVE ON THE BOARD (SUCH AN INDIVIDUAL SHALL BE THE "DESIGNATED PIDC DIRECTOR"). FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING FORM 990, IT IS DISCUSSED WITH THE AUDIT COMMITTEE AND DISTRIBUTED TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ANNUALLY SUBMIT A SIGNED STATEMENT DISCLOSING INTERESTS THAT COULD GIVE RISE TO A CONFLICT. EACH STATEMENT IS REVIEWED TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 OFFICERS AND DIRECTORS OF THE BOARD ARE UNPAID VOLUNTEERS. THE CEO'S SALARY IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY AND DETERMINED USING MARKET COMPARISONS. ALL OTHER EMPLOYEES ARE REVIEWED BY THE CEO AND SALARIES ARE BASED ON THEIR EXPERIENCE LEVEL. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, DOCUMENT RETENTION AND DESTRUCTION POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION. FORM 990, PART XII - LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS HAS NOT CHANGED DURING THE YEAR.