Form 990 for tax year 2023
Filed by ALLIANCE FOR DOWNTOWN NEW YORK INC.
Totals
- Total revenue
- $23,639,640
- Total expenses
- $22,627,632
- Contributions and grants received
- $298,547
- Grants paid
- $16,750
- Program service revenue
- $22,348,853
- Investment income
- $979,203
- Other revenue
- $13,037
- Total assets, end of year
- $25,648,148
- Total liabilities, end of year
- $3,844,740
- Net assets or fund balances, end of year
- $21,803,408
- Program services expenses (Part IX)
- $20,529,450
- Management and general expenses
- $2,038,902
- Fundraising expenses
- $59,280
- Program service expenses (Part III)
- $20,529,450
Program services were 90.7% 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.
-
1e · Government grants (contributions)
$6,770
-
1f · All other contributions, gifts and grants
$291,777
-
2a · Program service revenue: ASSESSMENT
total $20,400,000 · related or exempt $20,400,000
-
2b · Program service revenue: CONTRACT SERVICES
total $1,812,263 · related or exempt $1,812,263
-
2c · Program service revenue: PROGRAM SERVICES
total $136,590 · related or exempt $136,590
-
3 · Investment income
total $979,203 · excluded $979,203
-
11a · Other revenue: MISC. INCOME
total $13,037 · excluded $13,037
-
11e · Other revenue, total
$13,037
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $16,750 · program services $16,750
-
5 · Compensation of officers, directors and key employees
total $1,461,900 · program services $976,923 · management and general $484,977
-
6 · Compensation of disqualified persons
total $5,101,640 · program services $4,213,523 · management and general $842,173 · fundraising $45,944
-
8 · Pension plan contributions
total $202,949 · program services $164,304 · management and general $36,348 · fundraising $2,297
-
9 · Other employee benefits
total $584,140 · program services $496,189 · management and general $80,702 · fundraising $7,249
-
10 · Payroll taxes
total $477,267 · program services $386,134 · management and general $87,343 · fundraising $3,790
-
11b · Fees: legal
total $2,961 · management and general $2,961
-
11c · Fees: accounting
total $31,067 · management and general $31,067
-
11d · Fees: lobbying
total $108,000 · program services $60,000 · management and general $48,000
-
11g · Fees: other
total $9,883,853 · program services $9,817,446 · management and general $66,407
-
12 · Advertising and promotion
total $867,524 · program services $866,616 · management and general $908
-
14 · Information technology
total $308,456 · program services $253,071 · management and general $55,385
-
16 · Occupancy
total $1,443,705 · program services $1,300,760 · management and general $142,945
-
17 · Travel
total $64,780 · program services $35,270 · management and general $29,510
-
22 · Depreciation, depletion and amortization
total $126,358 · program services $120,260 · management and general $6,098
-
23 · Insurance
total $158,959 · program services $128,778 · management and general $30,181
-
24a · Other expenses: EQUIP, FURN AND PLANTS
total $573,815 · program services $562,623 · management and general $11,192
-
24b · Other expenses: SUPPLIES
total $287,688 · program services $284,592 · management and general $3,096
-
24c · Other expenses: PRINTING & PUBLICATIONS
total $266,986 · program services $266,986
-
24d · Other expenses: EVENT COSTS
total $264,702 · program services $255,184 · management and general $9,518
-
24e · All other expenses
total $394,132 · program services $324,041 · management and general $70,091
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,525,629 · end of year $1,077,808
-
2 · Savings and temporary cash investments
beginning of year $10,793,509 · end of year $11,648,817
-
9 · Prepaid expenses and deferred charges
beginning of year $188,929 · end of year $162,341
-
10a · Land, buildings and equipment: cost or other basis
$1,006,214
-
10b · Land, buildings and equipment: accumulated depreciation
$687,547
-
10c · Land, buildings and equipment, net
beginning of year $381,965 · end of year $318,667
-
11 · Investments: publicly traded securities
beginning of year $9,846,690 · end of year $9,710,584
-
15 · Other assets
beginning of year $3,781,260 · end of year $2,729,931
-
17 · Accounts payable and accrued expenses
beginning of year $1,488,861 · end of year $1,388,980
-
19 · Deferred revenue
beginning of year $510,453 · end of year $0
-
25 · Other liabilities
beginning of year $3,727,268 · end of year $2,455,760
-
27 · Net assets without donor restrictions
beginning of year $20,791,400 · end of year $21,803,408
Mission and programs · 2023
Mission
THE MISSION OF THE ALLIANCE IS TO PROVIDE SERVICE, ADVOCACY, RESEARCH AND INFORMATION TO ADVANCE LOWER MANHATTAN AS A GLOBAL MODEL OF A 21ST CENTURY CENTRAL BUSINESS DISTRICT FOR BUSINESSES, RESIDENTS AND VISITORS. (CONT. SCH. O)
Activities or mission (Part I)
TO PROVIDE SERVICE, ADVOCACY, RESEARCH AND INFORMATION TO ADVANCE LOWER MANHATTAN AS A GLOBAL MODEL OF A 21ST CENTURY CENTRAL BUSINESS DISTRICT FOR BUSINESSES, RESIDENTS AND VISITORS.
-
COMMUNICATIONS, MARKETING AND PROMOTION: SEE SCHEDULE O
Expenses $5,264,945 · Grants $11,500 · Revenue $136,590
-
SANITATION SERVICES: SEE SCHEDULE O
Expenses $5,010,511
-
PUBLIC SAFETY: SEE SCHEDULE O
Expenses $4,112,036
-
BUS SERVICE PROVIDING FREE CIRCULATOR BUS SERVICE TO THE LOWER MANHATTAN AND BATTERY PARK CITY COMMUNITIES;OTHER NEIGHBORHOOD SUPPLEMENTAL SERVICES - PUBLIC SPACE BEAUTIFICATION AND ENHANCEMENTS, INCLUDING PARKS AND PLAZAS; INSTALLATION AND MAINTENANCE OF STREET FURNITURE AND FIXTURES, AND HOMELESS OUTREACH SERVICES TO SUPPLEMENT WORK OF THE CITY'S DEPARTMENT OF HOMELESS SERVICES;ECONOMIC DEVELOPMENT - THROUGH RESEARCH OF MARKETS AND USER GROUPS, ADVOCACY AND BUSINESS ENGAGEMENT, SEEKS TO RETAIN AND ATTRACT BUSINESSES TO THE DISTRICT.
Expenses $6,141,958 · Grants $5,250 · Revenue $813,850
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
K Thomas ElghanayanK THOMAS ELGHANAYAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Francis J GreenburgerFRANCIS J GREENBURGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
David V FowlerDAVID V FOWLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ekene Ezulike Left 111523EKENE EZULIKE LEFT 111523
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Geoffrey BoulterGEOFFREY BOULTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tom CostanzoTOM COSTANZO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Betty CohenBETTY COHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ben Brown Left 111523BEN BROWN LEFT 111523
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Callie Haines Started 111523CALLIE HAINES STARTED 111523
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel HaimovicDANIEL HAIMOVIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Marvin KrislovMARVIN KRISLOV
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Elizabeth L HillmanELIZABETH L HILLMAN
DIRECTOR (STARTED 11/15/23)
- Total calculated
- $0
- Hours/week
- 0.5
-
Thomas M HughesTHOMAS M HUGHES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jonathan IgerJONATHAN IGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Charmaine Mangaroo Started 723CHARMAINE MANGAROO STARTED 723
DIRECTOR, APPOINTED BY ERIC ADAMS
- Total calculated
- $0
- Hours/week
- 0.5
-
Sarah Miyazawa LafleurSARAH MIYAZAWA LAFLEUR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Megan FlynnMEGAN FLYNN
DIRECTOR, APPOINTED BY BRAD LANDER
- Total calculated
- $0
- Hours/week
- 0.5
-
Anita LaremontANITA LAREMONT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Matt Gewolb Left 5824MATT GEWOLB LEFT 5824
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeremy MossJEREMY MOSS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 0.5 related
-
Russell Murphy Started 5824RUSSELL MURPHY STARTED 5824
DIRECTOR, APPOINTED BY MARK LEVINE
- Total calculated
- $0
- Hours/week
- 0.5
-
Rev Michael A BirdREV MICHAEL A BIRD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ric ClarkRIC CLARK
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 2 + 0.5 related
-
Andrew Marcus Left 72023ANDREW MARCUS LEFT 72023
DIRECTOR, APPOINTED BY ERIC ADAMS
- Total calculated
- $0
- Hours/week
- 0.5
-
Max DeutschMAX DEUTSCH
DIRECTOR, APPOINTED BY CHRIS MARTE
- Total calculated
- $0
- Hours/week
- 0.5
-
Ed Spade Started 111523ED SPADE STARTED 111523
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Edward V PiccinichEDWARD V PICCINICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Dan PalinoDAN PALINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Peter A PoulakakosPETER A POULAKAKOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Cynthia Rojas SejasCYNTHIA ROJAS SEJAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Joel RosenJOEL ROSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Todd SchwartzTODD SCHWARTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Frank J SciameFRANK J SCIAME
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
John WheelerJOHN WHEELER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Brian R SteinwurtzelBRIAN R STEINWURTZEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Brett GreenbergBRETT GREENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kent M SwigKENT M SWIG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael A West JrMICHAEL A WEST JR
DIRECTOR (LEFT 10/11/23)
- Total calculated
- $0
- Hours/week
- 0.5
-
Ross F MoskowitzROSS F MOSKOWITZ
DIRECTOR (LEFT 10/11/23)
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Jolene YeatsJOLENE YEATS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tammy MeltzerTAMMY MELTZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Matthew Van BurenMATTHEW VAN BUREN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Anthony MunroeDR ANTHONY MUNROE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Allan G SperlingALLAN G SPERLING
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas MartinNICHOLAS MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Jessica LappinJESSICA LAPPIN
PRESIDENT
- Total calculated
- $700,110
- From this org
- $502,453
- From related orgs
- $119,000
- Other
- $78,657
- Hours/week
- 40 + 20 related
Schedule J breakdown matched by us
- Base
- $402,453 + $119,000 related
- Bonus
- $100,000
- Other
- $0
- Deferred
- $25,696 + $29,750 related
- Nontaxable benefits
- $23,211
- Filer's total
- $551,360 + $148,750 related
-
Mark QuinnMARK QUINN
CFO AND SVP OF ADMIN
- Total calculated
- $272,922
- From this org
- $253,266
- From related orgs
- $5,000
- Other
- $14,656
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $223,266 + $5,000 related
- Bonus
- $30,000
- Other
- $0
- Deferred
- $13,050
- Nontaxable benefits
- $1,606
- Filer's total
- $267,922 + $5,000 related
-
Andrew BreslauANDREW BRESLAU
SVP COMMUNICATIONS AND MARKETING
- Total calculated
- $275,970
- From this org
- $252,745
- From related orgs
- $0
- Other
- $23,225
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $231,745
- Bonus
- $21,000
- Other
- $0
- Deferred
- $12,520
- Nontaxable benefits
- $10,705
- Filer's total
- $275,970
-
Ron WolfgangRON WOLFGANG
SVP OPERATIONS
- Total calculated
- $225,356
- From this org
- $213,595
- From related orgs
- $0
- Other
- $11,761
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $198,595
- Bonus
- $15,000
- Other
- $0
- Deferred
- $10,696
- Nontaxable benefits
- $1,065
- Filer's total
- $225,356
-
Michael KetringMICHAEL KETRING
GENERAL COUNSEL
- Total calculated
- $274,959
- From this org
- $256,135
- From related orgs
- $5,000
- Other
- $13,824
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $236,135 + $5,000 related
- Bonus
- $20,000
- Other
- $0
- Deferred
- $12,645
- Nontaxable benefits
- $1,179
- Filer's total
- $269,959 + $5,000 related
-
Joshua NachowitzJOSHUA NACHOWITZ
SVP RESEARCH AND ECONOMIC DEV
- Total calculated
- $216,699
- From this org
- $196,884
- From related orgs
- $0
- Other
- $19,815
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $176,884
- Bonus
- $20,000
- Other
- $0
- Deferred
- $9,974
- Nontaxable benefits
- $9,841
- Filer's total
- $216,699
-
Taina PradoTAINA PRADO
CHIEF OF STAFF
- Total calculated
- $178,394
- From this org
- $142,369
- From related orgs
- $10,208
- Other
- $25,817
- Hours/week
- 40 + 5 related
Schedule J breakdown matched by us
- Base
- $122,369 + $10,208 related
- Bonus
- $20,000
- Other
- $0
- Deferred
- $7,532
- Nontaxable benefits
- $18,285
- Filer's total
- $168,186 + $10,208 related
-
Jeremy SchneiderJEREMY SCHNEIDER
CHIEF TECHNOLOGY OFFICER
- Total calculated
- $165,586
- From this org
- $132,632
- From related orgs
- $0
- Other
- $32,954
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,132
- Bonus
- $2,500
- Other
- $0
- Deferred
- $7,101
- Nontaxable benefits
- $25,853
- Filer's total
- $165,586
-
Daniel GiacomazzaDANIEL GIACOMAZZA
VP COMMUNICATIONS & MARKETING
- Total calculated
- $163,533
- From this org
- $139,667
- From related orgs
- $0
- Other
- $23,866
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $134,167
- Bonus
- $5,500
- Other
- $0
- Deferred
- $6,959
- Nontaxable benefits
- $16,907
- Filer's total
- $163,533
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 · Compensation committee
- 3 · Independent compensation consultant
- 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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
DOWNTOWN-LOWER MANHATTAN ASSOCIATION INC
501(C)(4) · FOSTER, PROMOTE AND SUPPORT THE INTEREST OF LOWER MANHATTAN · NY
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541349349306359
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