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Nonprofiteer
← RANDALLS ISLAND PARK ALLIANCE INC

Form 990 for tax year 2024

Filed by RANDALLS ISLAND PARK ALLIANCE INC.

Totals

Total revenue
$11,562,590
Total expenses
$12,213,219
Contributions and grants received
$5,412,846
Grants paid
$0
Program service revenue
$5,640,238
Investment income
$369,360
Other revenue
$140,146
Total assets, end of year
$14,796,750
Total liabilities, end of year
$966,287
Net assets or fund balances, end of year
$13,830,463
Program services expenses (Part IX)
$10,232,891
Management and general expenses
$1,178,362
Fundraising expenses
$801,966
Program service expenses (Part III)
$10,232,891

Program services were 83.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $874,431

  • 1e · Government grants (contributions)

    $68,973

  • 1f · All other contributions, gifts and grants

    $4,469,442

  • 1g · Noncash contributions included above

    $61,641

  • 2a · Program service revenue: LICENSE REVENUE

    total $5,640,238 · related or exempt $5,640,238

  • 3 · Investment income

    total $454,036 · excluded $454,036

  • 7a · Gross sales of assets other than inventory

    securities $1,113,009

  • 7b · Less cost or other basis and sales expenses

    securities $1,197,685

  • 7c · Gain or loss

    securities -$84,676

  • 7d · Net gain or loss

    total -$84,676 · excluded -$84,676

  • 8a · Fundraising events: gross income

    $149,412

  • 8a · Fundraising events: contributions included on line 1c

    $874,431

  • 8b · Fundraising events: direct expenses

    $149,412

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: OTHER INCOME

    total $140,146 · related or exempt $140,146

  • 11e · Other revenue, total

    $140,146

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $553,559 · program services $475,412 · management and general $41,759 · fundraising $36,388

  • 7 · Other salaries and wages

    total $4,269,324 · program services $3,666,613 · management and general $322,066 · fundraising $280,645

  • 8 · Pension plan contributions

    total $53,047 · program services $45,558 · management and general $4,002 · fundraising $3,487

  • 9 · Other employee benefits

    total $723,813 · program services $621,631 · management and general $54,602 · fundraising $47,580

  • 10 · Payroll taxes

    total $471,865 · program services $405,251 · management and general $35,596 · fundraising $31,018

  • 11b · Fees: legal

    total $71,120 · program services $21,251 · management and general $34,031 · fundraising $15,838

  • 11c · Fees: accounting

    total $343,245 · program services $102,566 · management and general $164,242 · fundraising $76,437

  • 11d · Fees: lobbying

    total $30,160 · program services $30,160

  • 11f · Fees: investment management

    total $17,683 · management and general $17,683

  • 11g · Fees: other

    total $347,791 · program services $82,778 · management and general $180,848 · fundraising $84,165

  • 12 · Advertising and promotion

    total $107,108 · program services $26,606 · management and general $42,730 · fundraising $37,772

  • 13 · Office expenses

    total $517,111 · program services $151,014 · management and general $279,853 · fundraising $86,244

  • 24a · Other expenses: VEHICLES, EQUIP., FACIL

    total $3,233,581 · program services $3,233,581

  • 24b · Other expenses: MAINTENANCE AND REPAIRS

    total $788,268 · program services $788,268

  • 24c · Other expenses: PARKS DEPT. ACTIVITIES

    total $423,770 · program services $423,770

  • 24d · Other expenses: MATERIALS AND SUPPLIES

    total $178,196 · program services $154,334 · fundraising $23,862

  • 24e · All other expenses

    total $83,578 · program services $4,098 · management and general $950 · fundraising $78,530

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,321,098 · end of year $2,013,280

  • 2 · Savings and temporary cash investments

    beginning of year $8,776,341 · end of year $9,016,518

  • 3 · Pledges and grants receivable

    beginning of year $412,755 · end of year $901,661

  • 9 · Prepaid expenses and deferred charges

    beginning of year $220,580 · end of year $178,905

  • 11 · Investments: publicly traded securities

    beginning of year $3,481,585 · end of year $2,577,696

  • 12 · Investments: other securities

    beginning of year $109,810 · end of year $108,690

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,819,553 · end of year $852,137

  • 19 · Deferred revenue

    beginning of year $97,732 · end of year $114,150

  • 27 · Net assets without donor restrictions

    beginning of year $11,754,708 · end of year $11,390,028

  • 28 · Net assets with donor restrictions

    beginning of year $2,650,176 · end of year $2,440,435

Mission and programs · 2024

Mission

THE RANDALL'S ISLAND PARK ALLIANCE, INC. (RIPA) IS A 501(C)(3) NON-PROFIT ORGANIZATION THAT WORKS WITH THE CITY OF NEW YORK AND LOCAL COMMUNITIES TO PROVIDE AN INNOVATIVE AND EXCITING DESTINATION THROUGH A WIDE RANGE OF SPORTS VENUES, CULTURAL EVENTS AND ENVIRONMENTAL EXPLORATION. AS THE DEDICATED STEWARD OF RANDALL'S ISLAND PARK, THE ALLIANCE SUSTAINS, MAINTAINS, DEVELOPS AND PROGRAMS THE PARK TO SUPPORT THE WELLBEING OF ALL NEW YORKERS.

Activities or mission (Part I)

TO WORK WITH THE CITY OF NEW YORK TO SUSTAIN, MAINTAIN, DEVELOP AND PROGRAM RANDALL'S ISLAND PARK

  • RIPA MAINTAINED AND IMPROVED 330 ACRES OF NYC PUBLIC PARKLAND ON RANDALL'S ISLAND, WITH A FOCUS ON THE OPERATION AND UPKEEP OF OVER 60 ATHLETIC FIELDS - ONE OF THE MOST HEAVILY USED SPORTS FIELD COMPLEXES IN NEW YORK CITY. RIPA ALSO MAINTAINED AND PROGRAMMED ICAHN STADIUM FOR TRACK AND FIELD EVENTS, INCLUDING THE UPKEEP OF A NEW, PROFESSIONAL SOCCER PITCH. FIELDS WERE KEPT IN HIGH QUALITY PLAYABLE CONDITION THROUGH YEAR-ROUND TURF MANAGEMENT, IRRIGATION REPAIRS, AND RENOVATIONS. RIPA MAINTAINED PARK INFRASTRUCTURE INCLUDING RESTROOMS, RECREATIONAL SPACES, AND EQUIPMENT. RIPA ALSO STEWARDED PATHWAYS, GARDENS, AND GREEN SPACES. THE NATURAL AREAS TEAM PLANTED OVER 200 TREES, RESTORED MEADOWS, AND REMOVED SHORELINE DEBRIS. AT THE URBAN FARM, A NEW GREENHOUSE EXPANDED ITS GROWING CAPACITY, CONTRIBUTING TO A 4,700 POUND HARVEST, MUCH OF WHICH WAS DONATED TO LOCAL COMMUNITIES AND USED FOR EDUCATIONAL PURPOSES.

    Expenses $3,991,959 · Revenue $4,204,394

  • IN 2024, RIPA CONTINUED TO MAINTAIN AND OPERATE ICAHN STADIUM, AN IAAF-CERTIFIED FACILITY WITH SEATING FOR 5,000 SPECTATORS. THE STADIUM HOSTED APPROXIMATELY 70 TRACK AND FIELD MEETS, INCLUDING CHAMPIONSHIP EVENTS FOR LOCAL PUBLIC, PRIVATE, AND PAROCHIAL SCHOOLS, AS WELL AS ELITE COMPETITIONS FEATURING PROFESSIONAL ATHLETES. IN ADDITION TO ITS CORE TRACK AND FIELD PROGRAMMING, RIPA INVESTED IN A NEW PROFESSIONAL-GRADE GRASS SOCCER PITCH, ENHANCING THE STADIUM'S ABILITY TO HOST HIGH-LEVEL SOCCER AND OTHER RECTANGULAR FIELD SPORTS. IN 2024, THE STADIUM HOSTED TWO MLS-LEVEL MATCHES FOR NEW YORK CITY FC'S MINOR LEAGUE TEAM, WITH ADDITIONAL EVENTS PLANNED, FOLLOWING THE SUCCESS OF THESE GAMES.

    Expenses $3,798,730 · Revenue $870,065

  • IN 2024, RIPA OFFERED OVER 300 FREE PUBLIC PROGRAMS, DRAWING MORE THAN 18,000 VISITORS TO THE PARK STAFF HOSTED OVER 200 DROP-IN EVENTS SUCH AS FESTIVALS, YOGA, OUTDOOR MOVIES, AND URBAN FARM PROGRAMS. VOLUNTEER ENGAGEMENT INCREASED BY 35% FROM 2023, WITH NEARLY 2,500 INDIVIDUALS PARTICIPATING. RIPA'S ENVIRONMENTAL EDUCATION PROGRAM SERVED 3,000 PUBLIC SCHOOL STUDENTS: A 37% YEAR-OVER-YEAR INCREASE. RIPA ALSO HOSTED ITS ANNUAL FREE SUMMER CAMP IN PARTNERSHIP WITH LOCAL COMMUNITY-BASED ORGANIZATIONS, PROVIDING MORE THAN 5,000 CHILDREN WITH OPPORTUNITIES TO EXPERIENCE RECREATIONAL AND EDUCATIONAL ACTIVITIES ACROSS THE PARK.

    Expenses $2,192,263 · Revenue $163,958

  • IN 2024, SEVERAL PROJECTS HIGHLIGHTED THE COLLABORATIVE EFFORTS BETWEEN RIPA AND ITS PARTNERS, INCLUDING NYC PARKS. THE NATURAL AREAS TEAM TRANSFORMED A NEWLY CONSTRUCTED HILLSIDE IN SUNKEN MEADOW INTO A 9,000+ SQ. FT. MARITIME WILDFLOWER MEADOW, PLANTED WITH NATIVE GRASSES AND WILDFLOWERS THAT NOW PROVIDE FOOD SOURCES AND HABITAT FOR LOCAL SPECIES. RIPA'S PARK AS LAB PROGRAM LAUNCHED A NEW URBAN AGRICULTURE INITIATIVE.

    Expenses $249,939 · Revenue $541,967

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Akshay Madhavan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Andrea Feirstein

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Bimla Picot

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Bradford Peck

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Brenda Diluigi

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Brette Tannenbaum

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Cesar Argueta Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Daniel Ifcher

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Dave Pearson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Dean Landis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Deborah Maher

    PRESIDENT

    Total calculated
    $379,792
    From this org
    $320,878
    From related orgs
    $0
    Other
    $58,914
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $320,188
    Bonus
    $0
    Other
    $690
    Deferred
    $0
    Nontaxable benefits
    $58,914
    Filer's total
    $379,792
  • Douglas Eisenberg

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Eloise Ackman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Jonathan May

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    6
  • Justin Hamill

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Karen Cohen

    PRESIDENT EMERITA & FOUNDER

    Total calculated
    $0
    Hours/week
    0.5
  • Mack Kline

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Mark Greene

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Matthew Washington

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Megan Kinney

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Nancy Neff

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    6
  • Peter Van Der Goes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Richard Davis

    CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    2
  • Richard Gross

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Robert Bose

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Rodney Cohen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Sandra Frenz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Sherri Williams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Sunil Gulati

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Susan Danilow

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Timothy Barefield

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Tnyetta Mitchell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Wray Thorn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Lucy Fato

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Ramon Gonzalez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Susan Donoghue

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Anne Wilson

    CHIEF OF PLANNING

    Total calculated
    $173,768
    From this org
    $169,518
    From related orgs
    $0
    Other
    $4,250
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $168,228
    Bonus
    $0
    Other
    $1,290
    Deferred
    $0
    Nontaxable benefits
    $4,250
    Filer's total
    $173,768
  • Alex Egan

    FORMER CHIEF DEVELOPMENT OFFICER

    Total calculated
    $154,073
    From this org
    $121,487
    From related orgs
    $0
    Other
    $32,586
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $121,312
    Bonus
    $0
    Other
    $175
    Deferred
    $0
    Nontaxable benefits
    $32,586
    Filer's total
    $154,073
  • Benjamin Nash

    DIRECTOR OF GROUNDS

    Total calculated
    $122,201
    From this org
    $119,237
    From related orgs
    $0
    Other
    $2,964
    Hours/week
    50
  • Louis Vazquez

    DIRECTOR OF ICAHN STADIUM

    Total calculated
    $175,400
    From this org
    $137,130
    From related orgs
    $0
    Other
    $38,270
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $135,308
    Bonus
    $0
    Other
    $1,822
    Deferred
    $0
    Nontaxable benefits
    $38,270
    Filer's total
    $175,400
  • Nicole Galasso

    CHIEF OF STAFF

    Total calculated
    $148,554
    From this org
    $129,594
    From related orgs
    $0
    Other
    $18,960
    Hours/week
    50
  • Peter Hunter

    CHIEF OF OPERATIONS

    Total calculated
    $148,946
    From this org
    $144,662
    From related orgs
    $0
    Other
    $4,284
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
29 October 2025
IRS schema version
2024v5.2
Source object
202503039349302970

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