| Return Reference | Explanation |
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| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE (THE BOARD) IS COMPRISED OF 37 MEMBERS. THOSE MEMBERS INCLUDE THE PRESIDENT & CEO OF THE PARTNERSHIP, THE BOARD CO-CHAIRS AND VICE-CHAIRS, AND MEMBERS OF THE BOARD OF DIRECTORS OF THE PARTNERSHIP (THE BOARD). THE EXECUTIVE COMMITTEE HAS AND EXERCISES ALL THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE PARTNERSHIP TO THE EXTENT PERMITTED BY LAW (EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY AS TO THE FOLLOWING MATTERS: (A) THE SUBMISSION TO THE MEMBERS OF ANY ACTION REQUIRING MEMBERS' APPROVAL BY LAW, THE CERTIFICATE OF INCORPORATION OR THE BY-LAWS; (B) THE FILLING OF VACANCIES IN THE BOARD OF DIRECTORS OR IN ANY COMMITTEE OF THE BOARD; (C) THE FIXING OF COMPENSATION OF THE DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE; (D) THE AMENDMENT OR REPEAL OF THE BY-LAWS OR THE ADOPTION OF NEW BY-LAWS; (E) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD WHICH BY ITS TERMS SHALL NOT BE SO AMENDABLE OR REPEALABLE; (F) THE ELECTION OR REMOVAL OF DIRECTORS OR OFFICERS; (G) THE APPROVAL OF A MERGER OR A PLAN OF DISSOLUTION INVOLVING THE PARTNERSHIP; OR (H) THE APPROVAL OF AMENDMENTS TO THE CERTIFICATE OF INCORPORATION.) |
| FORM 990, PART VI, SECTION A, LINE 2 | SOME MEMBERS OF THE GOVERNING BODY HAVE ONGOING BUSINESS RELATIONSHIPS WITH EACH OTHER THROUGH ENTITIES THEY HAVE CONTROL OVER DOING BUSINESS WITH EACH OTHER IN THE COURSE OF MANAGING THEIR PROFESSIONAL AND BUSINESS INTERESTS. |
| FORM 990, PART VI, SECTION A, LINE 6 | THERE ARE THREE (3) CLASSES OF MEMBERS OF THE ORGANIZATION: PARTNERS, CORPORATE PARTNERS, AND ASSOCIATE PARTNERS. THE BOARD OF DIRECTORS ESTABLISHES THE DESIGNATION AND CHARACTERISTICS OF EACH CLASS OF MEMBERS AND THE QUALIFICATIONS AND RIGHTS OF, AND LIMITATIONS UPON, THE MEMBERS OF EACH CLASS. PARTNERS DIRECT THE GOVERNANCE AND COMMITTEES OF THE ORGANIZATION'S AGENDA. CORPORATE PARTNERS PARTICIPATE IN GOVERNANCE AND AGENDA SETTING. ASSOCIATE PARTNERS ARE NOT ENTITLED TO VOTE ON AMENDMENTS TO THE ORGANIZATION'S CERTIFICATE OF INCORPORATION OR BY-LAWS OR ON FUNDAMENTAL CORPORATE CHANGES (E.G., MERGER, DISSOLUTION, ETC.) TO THE PARTNERSHIP, EXCEPT WHERE SUCH ACTION AFFECTS THE EXISTING RIGHTS OF THE ASSOCIATE PARTNERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | PARTNERS AND CORPORATE PARTNERS ELECT THE MEMBERS OF THE BOARD. THE NUMBER OF BOARD MEMBERS IS CURRENTLY 109. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 PREPARED BY MANAGEMENT AND REVIEWED BY THE INDEPENDENT ACCOUNTANT IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND DISCUSSION PRIOR TO BEING FILED. THE AUDIT COMMITTEE ALSO REVIEWS AND ACCEPTS THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS. AFTER THE COMMITTEE REVIEWS THE FORM 990 WITH MANAGEMENT AND THE INDEPENDENT ACCOUNTANT AND THEIR QUESTIONS ARE ANSWERED, THE INDEPENDENT ACCOUNTANT AND CHIEF FINANCIAL OFFICER SIGN THE FORM. FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE VIA EMAIL PRIOR TO FILING WITH IRS. THE FORM IS FILED WITH THE IRS BEFORE THE FINAL DUE DATE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE PARTNERSHIP ISSUES A CONFLICT OF INTEREST AND CODE OF ETHICS POLICY TO ALL OF ITS EMPLOYEES, AND NON-EMPLOYEE DIRECTORS AND OFFICERS, ON AN ANNUAL BASIS. ALL EMPLOYEES ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AND SIGN AND RETURN THE POLICY STATEMENT TO THE HUMAN RESOURCES DEPARTMENT (WHERE THE SIGNED ACKNOWLEDGMENTS ARE KEPT ON FILE). POLICY STATEMENTS SIGNED AND RETURNED BY NON-EMPLOYEE DIRECTORS AND OFFICERS ARE KEPT ON FILE IN THE CORPORATE AFFAIRS DEPARTMENT. WRITTEN POLICIES ARE ESTABLISHED, UPDATED ANNUALLY, AND DISTRIBUTED TO EMPLOYEES OUTLINING PROFESSIONAL CONDUCT THAT IS EXPECTED OF EMPLOYEES. POLICIES ARE BROAD ENOUGH TO ENSURE THAT ALL PERCEIVED AND POTENTIAL CONFLICTS ARE ENCOMPASSED. PROCEDURES REQUIRE THAT CONFLICTS OF INTEREST ARE REPORTED TO THE ORGANIZATION'S GENERAL COUNSEL. THE GENERAL COUNSEL UTILIZES OUTSIDE COUNSEL FOR GUIDANCE ON NON-ROUTINE LEGAL MATTERS INCLUDING DETERMINING POTENTIAL CONFLICTS OF INTEREST. IN THE EVENT AN EMPLOYEE CONFLICT IS DETERMINED, THE GENERAL COUNSEL DISCUSSES THE CONFLICT WITH THE PRESIDENT /CEO, WHO IN TURN WOULD DISCUSS THE CONFLICT WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. WITH RESPECT TO NON-EMPLOYEE DIRECTORS AND OFFICERS, THE ORGANIZATION'S AUDIT COMMITTEE OVERSEES AND MONITORS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THE AUDIT COMMITTEE'S DUTIES IN THIS REGARD SHALL INCLUDE REVIEWING ANNUALLY A SUMMARY AND RECOMMENDATIONS, IF ANY, PREPARED BY THE GENERAL COUNSEL AND THE CFO OF THE ORGANIZATION OF THE DISCLOSURES OF ALL CONFLICT OF INTEREST TRANSACTIONS PRESENTED TO GENERAL COUNSEL AND THE CFO IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND THE RELATED PARTY TRANSACTION RULES OF THE NEW YORK STATE LAW. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CORPORATION'S COMPENSATION COMMITTEE (THE COMMITTEE) IS AN INDEPENDENT COMMITTEE COMPRISED OF MEMBERS OF THE BOARD OF DIRECTORS. THE COMMITTEE IS COMPRISED OF INDIVIDUALS UNRELATED TO AND NOT SUBJECT TO THE CONTROL OF MANAGEMENT. THE COMMITTEE MEMBERS DO NOT HAVE ANY MATERIAL FINANCIAL INTEREST IN ITS TRANSACTIONS. THE MEMBERS DO NOT RECEIVE COMPENSATION SUBJECT TO MANAGEMENT'S APPROVAL. THE COMMITTEE ENGAGES A BENEFITS CONSULTING FIRM ON AN ANNUAL BASIS TO PREPARE A COMPETITIVE COMPENSATION ANALYSIS FOR THE ORGANIZATION'S MOST HIGHLY COMPENSATED EMPLOYEES PRIOR TO MAKING ITS DECISION. THE CONSULTANT COLLECTS PERTINENT DATA OF COMPARABLE POSITIONS AT PEER ORGANIZATIONS, AND INCLUDES THE INFORMATION IN A REPORT TO THE COMMITTEE. THE COMPARABLE DATA IS COMPENSATION ORDINARILY PROVIDED BY SIMILARLY SITUATED ORGANIZATIONS WHICH ARE COMPARABLE IN SIZE, NATURE, AND OPERATIONS. THE CONSULTANT ALSO INCLUDES DATA THAT DESCRIBES CURRENT YEAR TRENDS IN OVERALL STAFF COMPENSATION INCREASES. THE FINAL REPORT IS PROVIDED TO THE COMPENSATION COMMITTEE. THE COMMITTEE MAINTAINS ADEQUATE AND CONTEMPORANEOUS DOCUMENTATION. TERMS OF THE COMMITTEE'S DELIBERATIONS AND ITS CONCLUSIONS ARE AGREED UPON AND RECORDED IN WRITING PRIOR TO THE DATE COMPENSATION CHANGES ARE INSTITUTED. THE DOCUMENTATION RECORDS THE DECISION-MAKING PROCESS AND THE ACTIONS OF THE COMMITTEE MEMBERS. |
| FORM 990, PART VI, SECTION C, LINE 19 | COPIES OF FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VII, SECTION A, LINE 1A | THE REPORTABLE COMPENSATION AND OTHER COMPENSATION INCLUDE THE ALLOCATED AMOUNT BASED UPON ESTIMATED TIME SPENT PROVIDING ADMINISTRATIVE AND PROGRAM SERVICES TO THE RELATED ENTITIES, NEW YORK CITY PARTNERSHIP FOUNDATION, INC. AND NEW YORK CITY INVESTMENT FUND MANAGER, INC. |
| FORM 990, PART IX, LINE 11G | OTHER: PROGRAM SERVICE EXPENSES 1,916,788. MANAGEMENT AND GENERAL EXPENSES 107,341. FUNDRAISING EXPENSES 625. TOTAL EXPENSES 2,024,754. |
| FORM 990, PART IX, LINE 11G | FEE FOR SERVICES - OTHER OF $2,024,754 CONSISTS OF COALITION FOR NEW YORK'S FUTURE CONSULTING FEES PAID TO PROJECT APPLECART LLC $1,746,250, AND OTHER CONSULTING FEES INCLUDE RUBENSTEIN ASSOCIATES INC $60,000, CAPFINANCIAL PARTNERS LLC $55,720, PRIMARY MATTER LLC $45,204, SILVER BULLET CONSULTING LLC $25,000, MILLIMAN INC $20,779, WILLIS TOWERS WATSON US LLC $16,682, GIRL AND THE BAY LLC $9,127, DANIEL J. EDELMAN INC $7,360, SABRINA CARTAN $3,750, JUSTIN HOGGARD $1,475, AND AN ALLOCATED SHARE OF CONSULTING FEES PAID TO PACHYDERM CONSULTING LLC $31,017, MAUREEN DATA SYSTEMS INC $1,803, AND INTEGRITY PARTNERS INC $587. |
| FORM 990, PART XI, LINE 9: | OTHER CHANGES OF -$16,885 CONSIST OF $15,075 INCREASE IN 527(F) POLITICAL ACTION COMMITTEE CASH ACCOUNT AND $31,960 POST-RETIREMENT LOSS OTHER THAN PERIODIC COST. |
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