2024-11-15T08:21:46-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2023-01-01 135035020 THE DOWN TOWN ASSOCIATION DOWN 2124221982 60 PINE STREET NEW YORK NY 10005 MARK R ALTHERR PRESIDENT 2124221982 2024-11-05 1 1 KERRI RAWCLIFFE P01398485 4016216200 2024-11-14 2023 2024-10-15 13:58:12Z MARK R ALTHERR 60 PINE STREET NEW YORK NY 10005 6966143 0 X WWW.THEDTA.COM X 1859 NY THE ASSOCIATION WAS ESTABLISHED TO PROVIDE ITS MEMBERS FACILITIES FOR SOCIAL INTERCOURSE IN NEW YORK CITY. 13 13 0 13 0 0 0 0 0 404972 0 0 0 6509096 0 6914068 0 0 0 0 0 0 0 0 0 14312 1278630 14312 1278630 -14312 5635438 39714866 38842208 34471742 27963646 5243124 10878562 X THE ASSOCIATION WAS CREATED TO FURNISH ITS MEMBERS ENGAGED IN COMMERCIAL AND PROFESSIONAL PURSUITS IN THE CITY OF NEW YORK, FACILITIES FOR SOCIAL INTERCOURSE, AND SUCH ACCOMMODATIONS AS REQUIRED DURING THE INTERVALS OF BUSINESS WHILE AT A DISTANCE FROM THEIR RESIDENCES, ALSO THE ADVANCEMENT OF LITERATURE AND ART BY ESTABLISHING AND MAINTAINING A LIBRARY, READING ROOM, AND GALLERY OF ART. 0 0 TO FURNISH ITS MEMBERS WITH FACILITIES FOR SOCIAL INTERCOURSE AND ADVANCEMENT OF LITERATURE AND ART. THE DOWN TOWN ASSOCIATION MAINTAINS A COLLECTION OF PAINTINGS AND VARIOUS ARTWORK FOR THE VIEWING PLEASURE OF THE MEMBERS. 0 0 0 0 0 0 1 0 0 1 0 0 1 1 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 0 0 0 1 18 0 1 0 1 1 1 0 0 0 0 2650 37065 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 X MARK ALTHERR 2124221982 60 PINE STREET NEW YORK NY 10005 X MARK R ALTHERR PRESIDENT 5.00 X X 0 0 0 JONATHAN DOUCETTE TRUSTEE 1.00 X 0 0 0 GARY DYCUS TRUSTEE 2.00 X 0 0 0 TIMOTHY L THOMPSON SECRETARY 2.00 X X 0 0 0 MARK S KOPINSKI TRUSTEE 2.00 X 0 0 0 JEFFREY ZEIGER TRUSTEE 1.00 X 0 0 0 MICHAEL GRIFFIN TRUSTEE 1.00 X 0 0 0 GARRETT BOWDEN VICE PRESIDENT 2.00 X X 0 0 0 TIMOTHY IRONS TRUSTEE 1.00 X 0 0 0 JED FREEDLANDER TRUSTEE 1.00 X 0 0 0 CONRAD STEINMANN TREASURER 5.00 X X 0 0 0 CESAR VERA TRUSTEE 1.00 X 0 0 0 ALEKSEI BROWN TRUSTEE 2.00 X 0 0 0 0 0 0 0 0 0 0 0 MEMBERSHIP DUES 900099 347320 347320 DUES SURCHARGE 900099 32801 32801 LIFE MEMBERSHIP DUES 900099 22201 22201 INITIATION FEES 900099 2650 2650 404972 38815 38815 0 0 18200 13260 4940 4940 BANKRUPTCY FORGIVENESS 900099 6504156 6504156 6504156 6914068 6914068 0 0 56920 21585 90317 18961 33727 3480 992037 26548 REPAIRS & MAINTENANCE 32175 MISC 2880 1278630 9979 20240 2915 22940 11358 5990 4946 0 28452993 1938358 27071453 26514635 12614215 12278403 39714866 38842208 1995526 10058 0 81789 3683801 0 28792415 27871799 34471742 27963646 X 5243124 10878562 5243124 10878562 39714866 38842208 5635438 0 X X 0 0 0 X 0 28280000 1933675 26346325 96956 4312 92644 76037 371 75666 26514635 DEFERRED LOSS 12127938 CONTINGENT INITIATION FEES 150465 12278403 CAPITAL LEASE OBLIGATION 27721334 CONTINGENT SEVERANCE 150465 27871799 MARK R ALTHERR PRESIDENT LOAN FOR CAPITAL IMPROVEMENTS X 81789 81789 0 1 1 81789 FORM 990, PART VI, SECTION A, LINE 6 THE DOWN TOWN ASSOCIATION (THE "ASSOCIATION") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A AT EACH ANNUAL MEETING OF THE ASSOCIATION, FIVE TRUSTEES AND MANAGERS SHALL BE ELECTED TO REPLACE THE OUTGOING CLASS OF THE CURRENT TRUSTEES AND MANGERS WHICH ARE DIVIDED INTO THREE CLASSES. FORM 990, PART VI, SECTION A, LINE 7B ALL BUSINESS CONCERNING THE MEMBERSHIP, GENERAL OPERATIONS OF THE ASSOCIATION ARE DECIDED BY THE BOARD OF TRUSTEES. ELECTIONS OF TRUSTEES AND OTHER BY-LAW CHANGES ARE VOTED ON BY THE REGULAR RESIDENT MEMBERS OF THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY FORM ARE DISTRIBUTED TO ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES ON AN ANNUAL BASIS FOR THEIR SIGNATURE TO PROVE THAT THEY HAVE RECEIVED, READ AND UNDERSTAND THE CONTENT OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE HOUSE COMMITTEE AND BOARD OF TRUSTEES REVIEW THE COMPENSATION PACKAGES OF THE ASSOCIATION'S KEY EMPLOYEES. THE HOUSE COMMITTEE AND BOARD OF TRUSTEES ALSO REVIEW THE COMPENSATION PACKAGES FOR THE ASSOCIATION'S OTHER EMPLOYEES BASED ON RECOMMENDATIONS FROM THE GENERAL MANAGER. WHEN DETERMINING COMPENSATION, COMPARATIVE COMPENSATION PACKAGES FROM OTHER CLUBS ARE USED. THE HOUSE COMMITTEE AND BOARD OF TRUSTEES REVIEW AND DISCUSS ACCOMPLISHMENTS AND OVERALL PERFORMANCE OF PRIOR YEAR IN DETERMINING RAISES AND BONUSES. THE ASSOCIATION DOES NOT COMPENSATE ITS OFFICERS AND TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS HAS DIRECT OVERSIGHT AND RESPONSIBILITY FOR THE SELECTION OF ITS OUTSIDE CPA. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.