2025-04-15T16:02:01-05:00 2024-12-31 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2024-01-01 134089489 DOWNTOWN NEW ROCHELLE BUSINESS IMPROVEMENT DISTRICT MANAGEMENT DOWN 9146542063 515 NORTH AVENUE NEW ROCHELLE NY 10801 MARC M JEROME CHAIRMAN 9146542063 2025-04-11 1 0 DAVID A URBAN CPA P00630018 7166340700 2025-04-11 2024 2025-03-06 01:10:19Z MARC M JEROME 515 NORTH AVENUE NEW ROCHELLE NY 10801 693283 0 X WWW.NEWROCHELLEDOWNTOWN.COM X 1999 NY TO DEVELOP THE BUSINESS DISTRICT INTO A VIBRANT, THRIVING AND SUSTAINABLE DOWNTOWN. 13 13 1 13 0 0 52400 0 681568 693283 0 0 8881 0 742849 693283 0 120000 0 0 177508 32860 0 0 0 572934 497918 750442 650778 -7593 42505 418276 462687 32728 34634 385548 428053 TO DEVELOP THE BUSINESS DISTRICT INTO A VIBRANT, THRIVING AND SUSTAINABLE DOWNTOWN. 0 0 527648 120000 693283 PROGRAM EXPENSES INCLUDE FUNDING TO CLEAN AND GREEN THE DISTRICTS SIDEWALK'S, CURBS AND PUBLIC SPACES, SUPPORT, PROMOTE, DEVELOP, AND NURTURE LOCAL BUSINESSES, PROPERTY OWNERS AND RESIDENTS IN NEW ROCHELLE'S GROWING CULTURAL, CULINARY, HOSPITALITY AND ARTS/TECHNOLOGY SECTORS DOWNTOWN, COLLABORATING CLOSELY WITH MANY OF THE CITY'S LEADING ORGANIZATIONS. 527648 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NY X X EDWARD RITTER 9146542063 515 NORTH AVENUE NEW ROCHELLE NY 10801 MARC JEROME CHAIRMAN 1.00 X X 0 0 0 WILFREDO MELENDEZ VICE CHAIR 1.00 X X 0 0 0 EDWARD RITTER TREASURER 1.00 X X 0 0 0 ALBERT TARANTINO SECRETARY 1.00 X X 0 0 0 SEBASTIAN ALIBERTI BOARD MEMBER 1.00 X 0 0 0 GWEN CLAYTON BOARD MEMBER 1.00 X 0 0 0 KEVIN RUCKER BOARD MEMBER 1.00 X 0 0 0 BRUCE BERG BOARD MEMBER 1.00 X 0 0 0 JOSEPH GRAZIOSE BOARD MEMBER 1.00 X 0 0 0 JAMES WENDLING BOARD MEMBER 1.00 X 0 0 0 RACHEL GREENSPAN BOARD MEMBER 1.00 X 0 0 0 JAMES O'TOOLE BOARD MEMBER 1.00 X 0 0 0 LOUIS PANICO BOARD MEMBER 1.00 X 0 0 0 KAREL LITTMAN EXECUTIVE DIRECTOR 45.00 X 28535 0 0 28535 0 0 0 0 0 0 BULFAMANTE LANDSCAPING 94 GROVE AVE NEW ROCHELLE NY 10801 LANDSCAPING 389958 1 ASSESSMENT INCOME 561700 553283 553283 SANITATION INCOME 562000 140000 140000 693283 693283 693283 0 0 X 120000 120000 28535 28535 2142 2142 2183 2183 7455 7455 80000 80000 17690 17690 1988 1988 CLEAN STREETS CAMPAIGN 389958 389958 MISCELLANEOUS 827 827 650778 527648 123130 0 206803 253795 209392 208892 2081 418276 462687 32728 34634 32728 34634 X 385548 428053 385548 428053 418276 462687 42505 0 X X 0 1 X 1 0 0 693283 0 693283 0 693283 650778 0 650778 0 650778 0 CITY OF NEW ROCHELLE 515 NORTH AVENUE NEW ROCHELLE NY 10801 136013979 IRC SEC 115 120000 0 HOLIDAY LIGHTING UPGRADE FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE 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 IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A: HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B: HAS READ AND UNDERSTANDS THE POLICY, C: HAS AGREED TO COMPLY WITH THE POLICY, AND D: UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OF MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTANCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINACIAL INTEREST, AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINAITON OF THE CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION PAYS THE EXECUTIVE DIRECTOR AN ANNUAL SUM PAYABLE IN SEMI-MONTHLY INSTALLMENTS UPON RECEIPT OF A PROPERLY EXECUTED INVOICE DESCRIBING THE SERVICES RENDERED. THE EXECUTIVE DIRECTOR IS ELIGIBLE FOR AN ANNUAL DISCRETIONARY BONUS AS WELL. THE EXECUTIVE DIRECTOR WAS PAID AS AN INDEPENDENT CONTRACTOR FOR APPROXIATELY HALF OF THE YEAR. IT WAS DETERMINED THAT SHE SHOULD BE PAID AS AN EMPLOYEE OF THE ORGANIZATION AND WAS ADDED TO THE PAYROLL. REASONABLE OUT OF POCKET EXPENSES INCURRED BY THE EXECUTIVE DIRECTOR MAY BE REIMBURSED UPON APPROVAL OF THE BOARD CHAIRMAN OR VICE CHAIRMAN. THE BOARD CHAIRMAN AND THE BOARD OF DIRECTORS APPROVE THE EXECUTIVE DIRECTOR'S SERVICE CONTACT ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINACIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 80,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,000. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINACIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.