2024-05-15T15:20:48-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 32 FOSTERTOWN ROAD NEWBURGH NY 12550 990 2022-07-01 134019316 WHITE PLAINS DOWNTOWN DISTRICT MANAGEMENT ASSOCIATION INC WHIT 9143285166 235 MAMARONECK AVENUE 200 WHITE PLAINS NY 10605 JENNIFER FURIOLI EXECUTIVE DIRECTOR 9143285166 2024-05-15 1 JENNIFER FURIOLI 999009999 0 JOSEPH CONNOLLY P01959750 8455655400 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JENNIFER FURIOLI 235 MAMARONECK AVENUE 200 WHITE PLAINS NY 10605 1141099 0 X WWW.WPBID.COM X 1998 NY TO PROMOTE THE CITY OF WHITE PLAINS AS A BUSINESS CENTER FOR LOCAL COMMERCIAL OPPORTUNITIES. 26 26 5 34 0 0 1023761 1140050 0 0 232 297 288 752 1024281 1141099 2110 0 0 0 366776 322907 0 1710 24512 603706 824172 972592 1148789 51689 -7690 620093 781570 72217 241384 547876 540186 X WHITE PLAINS DOWNTOWN DISTRICT MANAGEMENT ASSOCIATION, INC. (WPDDMA) WAS FORMED TO IMPROVE THE GENERAL BUSINESS CLIMATE OF THE DOWNTOWN WHITE PLAINS BUSINESS AREA THROUGH A VARIETY OF PROGRAMS THAT PROMOTE CONSUMER ACTIVITY IN THE DOWNTOWN AREA. 0 0 377104 0 0 SEE SCHEDULE O FOR THE DESCRIPTION ON THE SPECIAL EVENTS PROGRAMSPECIAL EVENTSIN FISCAL YEAR 22/23, MOST OF THE BID'S SPECIAL EVENTS RETURNED. JAZZFEST - JAZZFEST PROGRAM CONSISTED OF 5 DAYS. JAZZFEST IS A PARTNERSHIP BETWEEN THE BID, ARTSWESTCHESTER AND THE CITY OF WHITE PLAINS. THE BID HOSTED A JAZZ STROLL, DINNER & A SHOW AND SUNDAYS CULMINATING EVENT, SIMILAR TO YEARS PAST. NEARLY 4,000 ATTENDED THE EVENTS CULMINATING EVENT. ZOMBIE WALK - THE 5TH ANNUAL ZOMBIE WALK RETURNED IN FALL OF 2022. A PARTNERSHIP WITH THE GALLERIA WHITE PLAINS AND THE HAUNT OF ROCKY LEDGE, PARTICIPANTS WERE ABLE TO DRESS UP LIKE ZOMBIES AND SHUFFLE THROUGH THE DOWNTOWN. MAKEUP ARTISTS WERE AVAILABLE AT THE GALLERIA FOR ZOMBIE LIKE MAKE UP TOUCH UPS. AFTERWARDS ATTENDEES WALKED THROUGH THE DOWNTOWN HIGHLIGHTING BUSINESS SPECIALS OFFERED EXCLUSIVELY TO OUR ZOMBIES.OKTOBERFEST BROUGHT 6,500 LOCALS DOWNTOWN TO DELIGHT IN GERMAN BEERS SOLD BY 12 LOCAL HOSPITALITY BUSINESSES. SEVERAL BUSINESSES PROVIDED SEASONAL OKTOBERFEST DINING OPTIONS. AN AUTHENTIC OOMPAH BAND PLAYED GERMAN CLASSICS AND A PLETHORA OF COMPETITIONS, GAMES AND FAMILY-FRIENDLY ACTIVITIES (INCLUDING A SAUSAGE TOSS) TOOK PLACE ON THE 10/9 EVENT. WHITE PLAINS HOLIDAY MARKET - THE WHITE PLAINS BID, THE CITY OF WHITE PLAINS AND 914POPUPS ONCE AGAIN PARTNERED TO HOST THE ANNUAL HOLIDAY MARKET, A TWO-WEEK SHOPPING EXPERIENCE IN THE HEART OF DOWNTOWN WHITE PLAINS. THE FY23 HOLIDAY MARKET FEATURED 46 VENDORS, IN GLASS SHEDS, INCLUDING 6 WOODEN SHEDS TO HELP DRIVE BUSINESS IN OUR DOWNTOWN. ENTERTAINMENT AT THE MARKET INCLUDED VISITS FROM SANTA, CHEERY MUSIC AND PROFESSIONAL HOLIDAY PHOTO SESSIONS AVAILABLE FOR PURCHASE. RESTAURANT MONTH - THE WHITE PLAINS BID'S RESTAURANT MONTH, A MONTH DEDICATED TO OUR DOWNTOWN RESTAURANTS FEATURING DIVERSE MENU OPTIONS FOR LUNCH AND/OR DINNER) RETURNED FROM 1/3-1/31. FEEDBACK WAS VERY POSITIVE FROM THE 21 RESTAURANTS PARTICIPATING, TO THE COMMUNITY ALIKE, SO MUCH SO THAT THE PROMOTION WAS EXTENDED TO 2/12TH IN 2023. INCREASES IN SALES WERE RECORDED FROM NUMEROUS RESTAURANTS. MARCH INTO SELF CARE A PROMOTION FOCUSED ON SALONS, BARBER SHOPS, DAY SPAS, NAILS, AND MORE IN DOWNTOWN WHITE PLAINS RETURNED AGAIN IN 2023, OFFERING DISCOUNTS OF 25% OFF SELECT SERVICES SUCH AS HAIRCUTS, MASSAGES, FACIALS, AND ACUPUNCTURE AT 15 LOCAL SALONS, BEAUTY BUSINESSES, BARBER SHOPS AND SPAS. WING WALK ON APRIL 22ND, WING WALK RETURNED ALLOWING THOSE HAVING PURCHASED AN AFFORDABLE TASTING BRACELET ($25) TO STROLL THE DOWNTOWN SAMPLING OVER 30 CHICKEN WING FLAVORS AT 15 PARTICIPATING RESTAURANTS AND VOTE FOR THEIR FAVORITE WINGS. THE BID HANDLED ALL MARKETING, PAYMENT PROCESSING AS WELL AS EVENT DAY CHECK INS. THOUSANDS OF WINGS WERE CONSUMED. ENTERTAINMENT WAS INCREASED THIS YEAR WITH LIVE ACOUSTIC MUSIC CURBSIDE AND A ROVING CHICKEN MASCOT THAT DELIGHTED FESTIVAL GOERS WITH FUN SELFIES. 285376 0 0 SEE SCHEDULE O FOR THE DESCRIPTION ON THE CLEAN SWEEP PROGRAMCLEAN SWEEP PROGRAMTHE WHITE PLAINS DOWNTOWN DISTRICT MANAGEMENT ASSOCIATION'S (WPDDMA) CLEAN SWEEP AND GUM REMOVAL PROGRAM IS DESIGNED TO IMPROVE THE CLEANLINESS AND ATTRACTIVENESS OF THE DOWNTOWN. WITHOUT THIS PROGRAM DOWNTOWN, LITTER BASKETS WOULD QUICKLY BE OVERWHELMED BY THE VOLUME OF PEDESTRIANS ON THE STREETS DURING LUNCH AND EVENING HOURS. THE WPDDMA'S CLEAN TEAM, CLAD IN HIGHLY RECOGNIZABLE AND BRIGHTLY COLORED YELLOW TEE SHIRTS, HATS, AND COATS WORKS 7 DAYS A WEEK, 52 WEEKS A YEAR (ABOUT 5800 HOURS ANNUALLY) TO ENSURE THAT LOOSE TRASH ON THE STREET IS REMOVED. IN FISCAL YEAR 2022/2023 THE CLEAN TEAM HELPED TO REMOVE OVER 2,000 TRASH BAGS PER MONTH FROM THE BUSINESS IMPROVEMENT DISTRICT'S SIDEWALKS AND ITS 99 TRASH RECEPTACLES. THE WPDDMA'S CLEAN TEAM ALSO REMOVES GUM SPOTS FOR THE BID'S SIDEWALKS. THIS TASK IS QUITE LABORIOUS AS THE GUM IS REMOVED SPOT-BY-SPOT FROM THE CITY'S SIDEWALKS. REMOVING THE GUM THIS WAY COMPLIES WITH STATE LAW WHICH REQUIRES THE COLLECTION OF ANY WATER USED IF POWER WASHING WAS UTILIZED TO REMOVE THE GUM SPOTS. ADDITIONALLY, BY NOT POWER WASHING, THOUSANDS OF GALLONS OF WATER ARE CONSERVED. DURING FY22/23 THE WPDDMA'S CLEAN TEAM SPENT AN APPROXIMATE 100 HOURS REMOVING GUM DOWNTOWN. 214032 0 0 SEE SCHEDULE O FOR THE DESCRIPTION ON BID PLACEMAKING/ARTS PROGRAMMINGBEAUTIFICATION & HORTICULTUREIN THE LAST FISCAL YEAR, THE WPDDMA ONCE AGAIN CONTRACTED WITH A NURSERY (TONY CASELI, INC. AS OPPOSED TO CASA VERDE CORPORATION FROM THE PAST) TO PLANT AND MAINTAIN 49 LARGE STREET PLANTERS AND TWO TREE WELLS. EACH DOWNTOWN PLANTER MANAGED BY THE BID WAS FILLED WITH A DAZZLING ARRAY OF FLOWERS INCLUDING CANNA PRETORIA, NICOTIANA SARATOGA, COLEUS, ANGELONIA, IMPOMOEA AND SCAEVOLA. THESE PLANTINGS COUPLED WITH MANY MORE DONE BY THE CITY OF WHITE PLAINS BROUGHT SIGNIFICANT BEAUTY TO OUR DOWNTOWN CORRIDORS.THE WPDDMA INITIATED A MARKETING CAMPAIGN TO ENCOURAGE VISITORS AND RESIDENTS DOWNTOWN TO EXPLORE THE VARIOUS BUSINESSES AND SUPPORT THE LOCAL COMMUNITY. 142689 0 0 LOCAL BUSINESS SUPPORTIN ADDITION TO THE THREE LARGE PROGRAMS ABOVE, THE BID SPENT SIGNIFICANT TIME WELCOMING NEW BUSINESSES TO THE NEIGHBORHOOD (COORDINATING RIBBON CUTTINGS, ANSWERING QUESTIONS, DISTRIBUTING PERTINENT PARTS OF CITY CODE, ETC.), MARKETING OUR LOCAL BUSINESSES ON SOCIAL MEDIA AND IN OUR E-NEWSLETTER, AND SERVING AS A LIAISON, MOST FREQUENTLY BETWEEN CITY GOVERNMENT AND LOCAL BUSINESSES WITH QUESTIONS. 142689 0 0 1019201 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 9 0 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 1 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X JENNIFER FURIOLI 9143285166 235 MAMARONECK AVENUE 200 WHITE PLAINS NY 10605 BRITTANY BRANDWEIN SECRETARY/EXEC DIR. THRU 10/22 40.00 X X 77737 0 1127 JENNIFER FURIOLI SECRETARY/EXEC DIRECTOR EFF. 01/23 40.00 X X 0 0 0 BONNIE SILVERMAN CHAIRWOMAN 2.00 X X 0 0 0 ALAN GOLDMAN VICE CHAIRMAN THRU 06/2023 1.00 X X 0 0 0 BRIAN MAHON VICE CHAIRMAN 1.00 X X 0 0 0 MICHAEL TRAYNOR TREASURER 1.00 X X 0 0 0 GREG BELEW DIRECTOR THRU 06/2023 1.00 X 0 0 0 ANN BERNSTEIN DIRECTOR 1.00 X 0 0 0 YANIV BLUMENFELD DIRECTOR THRU 03/2023 1.00 X 0 0 0 MITCH BODNER DIRECTOR 1.00 X 0 0 0 JOSIAH BROCK DIRECTOR 1.00 X 0 0 0 MICHAEL CALANO DIRECTOR 1.00 X 0 0 0 TAMMY CUOMO DIRECTOR 1.00 X 0 0 0 CHRISTINA DAMIANO DIRECTOR THRU 05/2023 1.00 X 0 0 0 WENDY FRANK DIRECTOR THRU 06/2023 1.00 X 0 0 0 CHRIS GREENE DIRECTOR 1.00 X 0 0 0 TAISHA GONZALEZ DIRECTOR THRU 03/2023 1.00 X 0 0 0 ANTHONY HILL DIRECTOR 1.00 X 0 0 0 MICHAEL KESSNER DIRECTOR 1.00 X 0 0 0 ANDY KIMERLING DIRECTOR 1.00 X 0 0 0 STUART LEVINE DIRECTOR 1.00 X 0 0 0 ROBERT MCGUINNESS DIRECTOR THRU 10/2022 1.00 X 0 0 0 SEAN MEADE DIRECTOR 1.00 X 0 0 0 TOM MEROLLE DIRECTOR 1.00 X 0 0 0 TOM MILES DIRECTOR THRU 03/2023 1.00 X 0 0 0 RAMONA MILLER DIRECTOR 1.00 X 0 0 0 JEANNIE MINSKOFF-GRANT DIRECTOR 1.00 X 0 0 0 LAUREN MORRIS DIRECTOR 1.00 X 0 0 0 GINA PERRIELLO DIRECTOR 1.00 X 0 0 0 WILLIAM PERRY DIRECTOR THRU 03/2023 1.00 X 0 0 0 MANNY POLLONI DIRECTOR 1.00 X 0 0 0 INGRID RICHARDS DIRECTOR 1.00 X 0 0 0 SERGIO SENSI DIRECTOR 1.00 X 0 0 0 NICK TROMBETTA DIRECTOR 1.00 X 0 0 0 NICHOLAS WOLFF DIRECTOR 1.00 X 0 0 0 77737 0 1127 0 0 0 0 A&A MAINTENANCE ENTERPRISES INC 965 MIDLAND AVENUE YONKERS NY 10704 MAINTENANCE SERVICES 155937 1 720000 420050 1015 1140050 297 297 REFUNDS 900099 752 752 752 1141099 0 0 1049 95295 71471 19059 4765 48936 41595 4894 2447 142922 97918 32107 12897 15563 13228 1557 778 20191 17163 2019 1009 8073 8073 10575 10575 1710 1710 18026 5540 12486 8198 8198 25272 17216 7150 906 19418 17476 1942 880 792 88 140 140 945 945 27576 24819 2757 7332 6598 734 WINTER FEST 179006 179006 CLEAN SWEEP 163362 163362 ROCK WHITE PLAINS 158620 158620 OCTOBER FEST 97696 97696 99053 98503 550 1148789 1019201 105076 24512 95657 155266 370811 313795 23549 38701 23981 0 12250 24184 211737 145468 93845 66269 0 183355 620093 781570 37006 28682 35000 30000 211 182702 72217 241384 X 547876 540186 547876 540186 620093 781570 -7690 0 X X 0 1 X 1 0 X 985720 932339 809223 1023761 1140050 4891093 985720 932339 809223 1023761 1140050 4891093 4891093 4159 980 1172 232 297 6840 266 532 60 288 752 1898 4899831 0.99820 0.99800 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REFUNDS - 2018 AMOUNT: $ 266. 2019 AMOUNT: $ 532. 2020 AMOUNT: $ 60. 2021 AMOUNT: $ 288. 2022 AMOUNT: $ 752. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 107692 63983 43709 104045 81485 22560 66269 RIGHT OF USE ASSET 183355 183355 OPERATING LEASE LIABILITY 182702 182702 X 1141099 0 1141099 0 1141099 1148789 0 1148789 0 1148789 PART X, LINE 2: THE WPDDMA RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE WPDDMA HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE WPDDMA IS NO LONGER SUBJECT TO EXAMINATION BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2020. SILVERMAN 237 LLC CHAIRWOMAN AND LANDLORD 48936 BONNIE SILVERMAN AND HER FAMILY COLLECTIVELY OWN A MAJORITY OF SILVERMAN 237 LLC, WHICH LEASES OFFICE SPACE TO THE WPDDMA 0 FORM 990, PART VI, SECTION A, LINE 2 THE ORGANIZATION RENTS OFFICE SPACE FROM SRG2PARTNERS, LLC WHICH IS A BUSINESS RUN BY THE ORGANIZATION'S CHAIRWOMAN. RENT IS AT A FAIR MARKET RATE WITH AN ESTABLISHED LEASE AND COMPARABLE TO WHAT THE BID WOULD PAY IN SIMILARLY SITUATED BUILDINGS IN THE DOWNTOWN. THE BID MUST BE LOCATED IN THE GEOGRAPHIC AREA WITH WALKABLE ACCESS THAT IT SERVES, AND THUS, AVAILABILITY OF OFFICE SPACE FITTING ALL THESE PARAMETERS MUST BE TAKEN INTO EFFECT. THE BID HAS A CHECKING, SAVINGS AND CREDIT CARD ACCOUNT WITH WEBSTER BANK. THE TREASURER OF THE ORGANIZATION IS AN EMPLOYEE OF WEBSTER BANK. THE RATES ARE FAIR AND COMPARABLE WITH OTHER BANKS WITHIN WALKING DISTANCE TO THE OFFICE AND THE BID ALSO BANKS WITH ANOTHER LOCAL BANK AS WELL IN ORDER TO ADHERE TO 250K FDIC INSURANCE. THE BID UTILIZES THE PRINTING SERVICES OF MINUTEMAN PRESS WHICH ARE LOCATED IN THE DOWNTOWN DISTRICT A COUPLE OF BLOCKS FROM THE BID'S OFFICE. THE OWNER OF MINUTEMAN PRESS SITS ON THE BID'S BOARD. PRICING IS COMPARABLE TO PRINTING SERVICES OF SIMILAR NATURE AND THE PRINTER IS VERY CONVENIENTLY LOCATED NEAR TO THE OFFICE. FORM 990, PART VI, SECTION A, LINE 6 PER BYLAWS CLASS A: OWNERS OF RECORD OF REAL PROPERTY IN THE DISTRICT DESIGNATED IN THE WP DOWNTOWN BUSINESS IMPROVEMENT DISTRICT PLAN...WHICH OWNERS OR PERSONS HAVE APPLIED FOR MEMBERSHIP BY FILLING OUT AN ADDRESS CARD AT THE PRINCIPAL OFFICE OF THE CORPORATION....AT LEAST 30 DAYS PRIOR TO ANY MEETING OF THE MEMBERS OF THE CORPORATION, SHALL BE CLASS A MEMBERS. CLASS B. TENANTS, NOT ELIGIBLE FOR CLASS A MEMBERSHIP, WHO ARE OCCUPANTS PURSUANT TO LEASES OF COMMERCIAL SPACE WITHIN THE DISTRICT AND WHO HAVE APPLIED FOR MEMBERSHIP BY FILLING OUT AN ADDRESS CARD AT THE PRINCIPAL OFFICE OF THE CORPORATION...AT LEAST 30 DAYS PRIOR TO ANY MEETING OF THE MEMBERS OF THE CORPORATION. CLASS C. TENANTS NOT ELIGIBLE FOR CLASS A OR CLASS B MEMBERSHIP WHO ARE OCCUPANTS PURSUANT TO LEASES OF DWELLING UNITS, INCLUDING PROPRIETARY LEASES, WITHIN THE DISTRICT WHO HAVE APPLIED FOR MEMBERSHIP BY FILLING OUT AN ADDRESS CARD AT THE PRINCIPAL OFFICE OF THE CORPORATION, AT LEAST 30 DAYS PRIOR TO ANY MEETING OF THE MEMBERS OF THE CORPORATION. CLASS D: THE PERSONS SERVING FROM TIME TO TIME AS DIRECTORS OF THE CORPORATION, BY VIRTUE OF THEIR APPOINTMENT BY THE MAYOR OF THE CITY OF WHITE PLAINS, THE FINANCE COMMISSIONER OF THE CITY OF WHITE PLAINS AND THE WHITE PLAINS COMMON COUNCIL. CLASS E: ANY INTERESTED RESIDENT OF WHITE PLAINS OR OWNER OF OR TENANT OCCUPYING PROPERTY IN WHITE PLAINS OUTSIDE OF THE DISTRICT NOT ELIGIBLE FOR CLASS A, B, C OR D MEMBERSHIP, WHO HAS APPLIED FOR MEMBERSHIP BY FILLING OUT AN ADDRESS CARD AT THE PRINCIPAL OFFICE OF THE CORPORATION AT LEAST 30 DAYS PRIOR TO THE MEETING OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 6 SECTION 3 OF BYLAWS: THERE SHALL BE AN ANNUAL MEETING OF THE MEMBERS FOR THE ELECTION OF DIRECTORS AND THE CONDUCT OF SUCH OTHER BUSINESS AS MAY COME BEFORE THE MEETING, TO BE HELD IN THE CITY OF WHITE PLAINS, NY ON SUCH DATE, AND AT SUCH TIME AND PLACE AS DESIGNATED BY THE CHAIR (PERSON) OR THE BOARD. ARTICLE II, SECTION ONE, STATES THAT CLASS A, CLASS B, AND CLASS C SHALL ELECT DIRECTORS IN THE SAME CLASS. SECTION D BOARD MEMBERS ARE APPOINTED BY THE EACH OF THE FOLLOWING PERSONS OR ENTITIES: THE MAYOR, THE COMMISSIONER OF FINANCE, AND THE COMMON COUNCIL. FORM 990, PART VI, SECTION A, LINE 7B ELECTION OF DIRECTORS (BY CLASS): ACTIONS REQUIRING MEMBER APPROVAL AS OUTLINED IN NOT FOR PROFIT CORPORATION LAW. FORM 990, PART VI, SECTION B, LINE 11B WHITE PLAINS DOWNTOWN DISTRICT MANAGEMENT ASSOCIATION, INC. HAS ITS FORM 990 PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT, AND THE EXECUTIVE COMMITTEE OF THE BOARD AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO EMPLOYEES, BOARD MEMBERS AND MEMBERS OF ANY COMMITTEE. THE POLICY WILL BE MONITORED BY THE EXECUTIVE DIRECTOR, EXECUTIVE COMMITTEE AND CHAIRPERSON. INTERESTED PERSONS ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT, DISCLOSING ANY ACTUAL OR POTENTIAL CONFLICTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE GOVERNING BOARD OR COMMITTEE, AFTER EXERCISING DUE DILIGENCE, SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S TOP MANAGEMENT IS COMPRISED OF THE BOARD OF DIRECTORS, WHICH ARE UNCOMPENSATED, AND THE EXECUTIVE DIRECTOR. THE BOARD OF DIRECTORS, ACTING THROUGH THE EXECUTIVE COMMITTEE, REVIEWS THE COMPENSATION OF ALL EMPLOYEES. THE COMMITTEE MAKES RECOMMENDATIONS WHICH ARE THEN APPROVED OR REJECTED BY THE BOARD. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY AND MAY ACT ON ITS OWN TO APPROVE STAFF COMPENSATION. THE COMMITTEE REVIEWS THE WAGES AND COMPENSATION OF SIMILAR EMPLOYEES DOING SIMILAR FUNCTIONS IN OTHER ORGANIZATIONS. COMPARABILITY DATA AND INFORMATION IS COMPILED FROM GUIDESTAR AND/OR OTHER SOURCES (E.G., LABOR DEPARTMENT DATA AND CONVERSATIONS WITH OTHER EMPLOYERS). THE COMMITTEE ALSO CONSIDERS, AND ANNUAL PERFORMANCE EVALUATIONS PREPARED BY THE EXECUTIVE DIRECTOR, THE 12 MONTH INCREASE IN THE CPI FOR THE NY/NJ REGION DEVELOPED BY THE US DEPARTMENT OF LABOR AND SALARY SURVEYS OF NOT-FOR-PROFIT ORGANIZATIONS WITH POSITIONS SIMILAR TO THOSE OF THE WPDDMA. THESE SURVEYS INCLUDED ONE BY PNP STAFFING (A SURVEY OF 1,500 NOT FOR PROFIT ORGANIZATIONS IN THE NYC AREA) AND THE INTERNATIONAL DOWNTOWN ASSOCIATION'S SALARY SURVEY. SALARY RECOMMENDATIONS ARE MADE TO THE EXECUTIVE COMMITTEE BY THE EXECUTIVE DIRECTOR AND PRESENTED AT THE JUNE EXECUTIVE COMMITTEE MEETING OR AT OTHER EXECUTIVE COMMITTEE MEETINGS IF NECESSARY. THE COMMITTEE CONSIDERS ALL MATERIALS THAT ARE SUBMITTED AND ANY DISCUSSION AT THE EXECUTIVE COMMITTEE MEETINGS AND MAKES FINAL SALARY RECOMMENDATIONS THAT ARE DOCUMENTED IN A MEMO ON THE EXECUTIVE DIRECTOR'S COMPUTER. THIS PROCESS IS UNDERTAKEN FOR ALL STAFF AND WAS LAST UNDERTAKEN IN FEBRUARY OF 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 AND FORM 1023 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. THE BID ALSO PUTS WITHIN ITS ANNUAL REPORT THAT IT IS AUDITED BY AN OUTSIDE INDEPENDENT FIRM AND THAT THE 990'S ARE AVAILABLE FOR FREE ON GUIDESTAR.COM FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S EXECUTIVE COMMITTEE ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.