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New York BBB Wise Giving Report for
Riverside Park Conservancy

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
10/2015
Name:
Riverside Park Conservancy
Address:
475 Riverside Drive
Suite 455
New York, NY 10115
Phone:
212-870-3070
Year, State Incorporated:
1986, New York
Affiliates:
None
Stated Purpose:
" Works to raise private and public support for urgently needed maintenance, renovations and model projects in efforts to improve Riverside Park. "






Evaluation Conclusions
 

              
Riverside Park Conservancy (RPC) meets the 20 Standards for Charity Accountability.




Programs
 

              
Riverside Park Conservancy (RPC) aims to restore, maintain, and improve Riverside Park. The organization works to nurture Riverside Park's well being, preserve its historic nature and lead the community in developing active stewardship. RPC raises private support for park maintenance, safety, and improvements, helps neighborhood groups organize and improve specific park areas, works with public officials to find funding for renewal and restoration projects, sponsors events in the Park, trains, guides and equips a volunteer corps, and educates local residents about Park issues, needs and activities.



Governance
 

              
Chief Executive Officer:
Mr. John Herrold, President and Park Administrator
Compensation*:
$48,000
Highest Paid Executive:
Ms. Lorraine L. Brittle,Vice President
Compensation*
: $117,957
Chair of the Board:
Mr. Bob Weigel
Chair's Profession / Business Affiliation:
Partner, Gibson, Dunn & Crutcher LLP
Board Size:
21
Paid Staff Size:
13



Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct Mail Appeals, Invitations To Fundraising Events, Grant Proposals, Internet.
Fund raising costs were 15% of related contributions. (Related contributions, which totaled $1,318,616, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on RPC's Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

Contributions

$950,055

Special Events

368,561

RTA Fees

272,252

Other

59,481

Interest and Dividends

16,419

Total Income

$1,666,768

Program Expenses  

Park user Services

$534,320

Park Projects

371,779

Volunteers

235,626
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

1,141,725
198,246
172,777

$1,512,748

$154,020




Uses of Funds as a % of Total Expenses


Programs: 76%  Fund Raising: 13%  Administrative 11% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $1,525,960
Ending net assets 1,725,199
Total liabilities 90,307

Total assets

$1,815,506






 

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This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.