2024-09-24T15:04:46-05:00 2023-12-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2023-01-01 222720927 BUFFALO OLMSTED PARKS CONSERVANCY INC BUFF 7168381249 84 PARKSIDE AVENUE BUFFALO NY 14214 BETH DOWNING CHIEF FINANCIAL OFFICER 7168381249 2024-09-16 1 1 SARAH M HOPKINS P02010701 7168563300 2024-09-16 2023 2024-08-08 14:25:15Z BETH DOWNING 84 PARKSIDE AVENUE BUFFALO NY 14214 6686087 0 X BFLOPARKS.ORG X 1978 NY STEWARDING THE CITY OF BUFFALO'S HISTORIC OLMSTED PARK AND PARKWAY SYSTEM TO WELCOME AND BENEFIT ALL. 22 22 149 1396 0 0 5424422 3299145 955197 1153326 51960 -71991 -16071 139112 6415508 4519592 0 0 0 0 3348874 3461362 0 0 319705 3472569 2513831 6821443 5975193 -405935 -1455601 5905597 3545619 1988685 845771 3916912 2699848 THE CONSERVANCY'S MISSION IS TO STEWARD THE CITY OF BUFFALO'S HISTORIC OLMSTED PARK AND PARKWAY SYSTEM TO WELCOME AND BENEFIT ALL. 0 0 4946679 1168465 TO COLLABORATE WITH COMMUNITY, GOVERNMENTAL, AND STRATEGIC PARTNERS TO PROGRAM AND CARE FOR THE SYSTEM; ADVOCATE FOR QUALITY PARKS FOR ALL, CARRYING THE PHILOSOPHIES OF FREDERICK LAW OLMSTED INTO TODAY; ENHANCE THE SYSTEM THROUGH BEAUTIFICATION, MAINTENANCE, AND CAPITAL PROJECTS. 4946679 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 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 0 0 0 0 1 25 0 1 149 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X BETH DOWNING 7168381249 84 PARKSIDE AVENUE BUFFALO NY 14214 BART KRESSE CHAIRMAN 1.00 X X 0 0 0 AMY ABRAHAMSON VICE CHAIR 1.00 X X 0 0 0 PHIL KADET TREASURER 1.00 X X 0 0 0 NORMAN LEWIN SECRETARY 1.00 X X 0 0 0 MICHAEL BALL TRUSTEE 1.00 X 0 0 0 JODI BATTAGLIA TRUSTEE 1.00 X 0 0 0 BILL BUSCAGLIA JR TRUSTEE 1.00 X 0 0 0 MARIE CARONE TRUSTEE 1.00 X 0 0 0 DIANA CIHAK TRUSTEE 1.00 X 0 0 0 MARK CORNELL TRUSTEE 1.00 X 0 0 0 GINA DAVIS TRUSTEE (THRU 4/23) 1.00 X 0 0 0 PAUL DIBENEDETTO TRUSTEE 1.00 X 0 0 0 JAMIE HANSBERRY TRUSTEE 1.00 X 0 0 0 KEVIN KELLY TRUSTEE 1.00 X 0 0 0 LINDA MAGGIO TRUSTEE (EFF 5/23) 1.00 X 0 0 0 MAGGIE NICHOLS TRUSTEE (THRU 3/23) 1.00 X 0 0 0 JACK O'DONNELL TRUSTEE 1.00 X 0 0 0 ALFRED PRICE TRUSTEE (THRU 5/23) 1.00 X 0 0 0 CRYSTAL RODRIGUEZ-DABNEY TRUSTEE 1.00 X 0 0 0 SIA ROGERS TRUSTEE (EFF 4/23) 1.00 X 0 0 0 ROBERT SHIBLEY TRUSTEE 1.00 X 0 0 0 AARON SIEGEL TRUSTEE (EFF 5/23) 1.00 X 0 0 0 MARY SIMPSON TRUSTEE 1.00 X 0 0 0 PATTI STEPHEN TRUSTEE 1.00 X 0 0 0 STEPHANIE CROCKATT EXECUTIVE DIRECTOR (THRU 5/23) 40.00 X 77321 0 4690 BETH DOWNING INTERIM EXECUTIVE DIRECTOR (EFF 5/23) 40.00 X 113593 0 8694 190914 0 13384 1 0 0 0 0 159250 2417162 722733 3299145 PROGRAM SERVICE REVENUE 713910 1153326 1153326 1153326 46042 46042 174275 0 174275 174275 174275 1922468 2040501 -118033 -118033 -118033 75692 159250 125994 -50302 -50302 MISCELLANEOUS 900099 15139 15139 15139 4519592 1168465 0 51982 204298 204298 2702166 2363769 117209 221188 13361 12039 1322 322285 264093 24765 33427 219252 179138 23351 16763 297720 62245 235475 31175 1575 495 29105 80845 48074 20637 12134 28919 21167 6493 1259 28852 28143 33 676 26675 7973 15153 3549 114654 114654 290127 233146 56981 PARKS AND CAPITAL PROJE 1337384 1337384 EQUIPMENT & RENTAL 97647 94220 3427 SUPPLIES 93007 92233 492 282 REPAIRS AND MAINTENANCE 86826 86826 5975193 4946679 708809 319705 881255 267562 845904 758928 293412 11363 1070488 1340945 18149 19445 168285 187505 1399667 882694 383242 516973 2230380 429214 14482 13684 5905597 3545619 1109932 378251 878753 467520 1988685 845771 X 1198952 999607 2717960 1700241 3916912 2699848 5905597 3545619 -1455601 238537 0 X X 0 1 X 1 0 X 4924119 3831206 4682773 5424422 3299145 22161665 810944 753318 859201 836825 916935 4177223 5735063 4584524 5541974 6261247 4216080 26338888 2663665 23675223 155764 85923 170149 270554 220317 902707 16342 24386 13855 5447 15139 75169 27316764 4471520 0.86670 0.88030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 633003 74741 707744 690919 -57916 633003 513411 100100 77408 690919 472675 40736 513411 416092 56583 472675 0.66233 0.33767 1 0 1399667 882694 516973 516973 5801058 238537 916935 125994 1281466 4519592 0 4519592 7018122 916935 125994 1042929 5975193 0 5975193 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART V, LINE 4 THE CONSERVANCY INTENDS TO USE THE ENDOWMENT EARNINGS FOR GENERAL OPERATIONS. THE ENDOWMENT IS INVESTED CONSERVATIVELY, SO AS TO AVOID LOSSES THAT MAY OCCUR IN CONJUNCTION WITH MARKET FLUCTUATIONS. GALA 151591 101609 49982 32976 34989 23620 YPOP 35744 29254 6490 3000 9090 1947 2 47607 28387 19220 510 2500 17362 234942 159250 75692 36486 44079 2500 42929 125994 -50302 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE CONSIDERED PARKNERS AND ARE DESIGNATED AS ANY PERSON, PUBLIC OR PRIVATE CORPORATION, PARTNERSHIP ORGANIZATION OR ASSOCIATION WHO ANNUALLY DONATES OR CONTRIBUTES AN AMOUNT EQUAL TO OR GREATER THAN THE PARKNER LEVEL PRESCRIBED EACH YEAR, AND WILL BE ELIGIBLE FOR ANNUALLY SPECIFIED BENEFITS AND RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A BOARD TRUSTEES NOMINATE INDIVIDUALS FOR POSITIONS ON THE BOARD. THE MEMBERS OF THE CORPORATION ARE ABLE TO VOTE FOR THE NOMINATED INDIVIDUALS. BOARD TRUSTEES ELECT THE OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS DISTRIBUTED TO ALL MEMBERS AT THE BOARD MEETING, OR ELECTRONICALLY AS NEEDED. THE EXECUTIVE DIRECTOR, CHIEF FINANCIAL OFFICER, AND BOARD TREASURER REVIEW THE RETURN IN DETAIL. THE FINANCE COMMITTEE AND OTHER BOARD MEMBERS ALSO REVIEW THE RETURN AND ANY QUESTIONS OR COMMENTS ARE ADDRESSED, AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST FORMS ARE ANNUALLY UPDATED BY ALL BOARD MEMBERS AND KEY EMPLOYEES. ANY CONFLICT OF INTERESTS ARE ADDRESSED ON AN AS-NEEDED BASIS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD CHAIR APPOINTS AN EXECUTIVE DIRECTOR COMPENSATION COMMITTEE TO REVIEW THE COMPENSATION OF THE EXECUTIVE DIRECTOR. NO ONE IN A CONFLICT OF INTEREST SERVES ON THAT COMMITTEE. OBJECTIVE DATA AS PUBLISHED BY BUSINESS FIRST NFP EDITION IS USED AS A GUIDE. NOTES OR MINUTES OF THE MEETING ARE KEPT IN THE CONFIDENTIAL EXECUTIVE DIRECTOR COMPENSATION FILE. THERE ARE NO OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES FOR THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 A SUMMARY OF THE FINANCIAL STATEMENTS ARE PART OF THE ANNUAL REPORT THAT IS SENT TO MEMBERS AND IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE OTHER MENTIONED DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XIII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.