2024-05-14T18:33:30-05:00 2023-06-30 133597814 SKODY SCOT & CO CPAS PC 520 EIGHTH AVE SUITE 2200 NEW YORK NY 10018 990 2022-07-01 133944300 47TH STREET BUSINESS IMPROVEMENT DISTRICT INC 47TH 2123025739 580 5TH AVE 323 NEW YORK NY 100364701 FERTIG AVI EXECUTIVE OFFICER 2123025739 2024-05-14 1 FERTIG AVI 999009999 0 WILLIAM SKODY P00631754 2129671100 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z FERTIG AVI 580 5TH AVE 323 NEW YORK NY 100364701 1406766 0 X DIAMONDDISTRICT.ORG X 1997 NY TO PROVIDE SECURITY, SANITATION AND MARKETING SERVICES TO JEWELRY MERCHANTS IN THE 5TH AVENUE AND 47TH STREET AREA. 25 24 1 24 28700 0 35000 35000 1360504 1371043 211 723 0 0 1395715 1406766 0 0 0 0 168842 166005 0 0 0 1086872 1139164 1255714 1305169 140001 101597 549223 671129 26102 46411 523121 624718 X THE 47TH STREET BUSINESS IMPROVEMENT DISTRICT WAS FORMED BY THE DIAMOND DISTRICT'S MERCHANTS AND LANDLORDS TO ENHANCE THE ECONOMIC DEVELOPMENT ACTIVITIES OF NEW YORK'S DIAMOND DISTRICT. THE GOAL OF THE 47TH STREET BUSINESS IMPROVEMENT DISTRICT IS TO MAKE THE DIAMOND DISTRICT SAFER, CLEANER AND MORE BEAUTIFUL FOR MERCHANTS AND CONSUMERS WHO WORK AND SHOP IN THE DIAMOND DISTRICT. 0 0 122281 SANITATION AND STREETSCAPE - MAINTAINING CLEAN STREETS/CURBS, REMOVING GARBAGE AND GRAFFITI, AND IMPROVING THE OVERALL APPEARANCE OF THE DISTRICT THROUGH A COMBINATION OF PROJECTS INCLUDING LIGHTING AND PUBLIC FIXTURES. 857999 442343 SECURITY - PROVIDING INCREASED SECURITY THOUGHT A COMBINATION OF NEW CITY POLICE OFFICERS BEING PAID THOUGH THE NEW YORK CITY'S PAID DETAIL UNIT OF THE NYPD AND A CLOSE WORKING RELATIONSHIP WITH THE NEW YORK CITY POLICE DEPARTMENT FOR SUPPLEMENTAL SERVICES. 221214 28700 PROMOTION - PROMOTING NEW YORK CITY ICONIC DIAMOND DISTRICT TO RESIDENTS AND TOURIST THROUGH ADVERTISING AND EVENTS HELD WITHIN THE THE DIAMOND DISTRICT 1201494 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 172 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 24 0 0 0 0 1 1 0 1 1 0 0 1 1 1 0 1 1 1 0 0 NY X THE ORGANIZATION 2129671100 580 5TH AVE 323 NEW YORK NY 100364701 HARVEY NAGIN PRESIDENT 15.00 X X 0 0 0 STEVEN GRAUER CHAIR 20.00 X X 0 0 0 DENNIS MARLOW SECRETARY 5.00 X X 0 0 0 YALE ZOLAND TREASURER 5.00 X X 0 0 0 ADNAN AYDIN DIRECTOR 2.00 X 0 0 0 ALAN AYDIN DIRECTOR 2.00 X 0 0 0 BEN KRISCHER DIRECTOR 2.00 X 0 0 0 BRAD LANDER DIRECTOR 2.00 X 0 0 0 BRUNILDA KATSICHTIS DIRECTOR 2.00 X 0 0 0 CHRIS IPEK DIRECTOR 2.00 X 0 0 0 ELLIOT KRISCHER DIRECTOR 2.00 X 0 0 0 EMILY BUKUCUYAN DIRECTOR 2.00 X 0 0 0 GARY BARNETT DIRECTOR 2.00 X 0 0 0 GARY WEINSHANK DIRECTOR 2.00 X 0 0 0 ILAN ELISHAYEV DIRECTOR 2.00 X 0 0 0 JACK ELO DIRECTOR 2.00 X 0 0 0 JAY HOLZER DIRECTOR 2.00 X 0 0 0 JOHN MAGZALCIOGLU DIRECTOR 2.00 X 0 0 0 JULES FLEISCHER DIRECTOR 2.00 X 0 0 0 KEITH POWERS DIRECTOR 2.00 X 0 0 0 MARK LEVINE DIRECTOR 2.00 X 0 0 0 MAYOR ERIC ADAMS DIRECTOR 2.00 X 0 0 0 MICHAEL OISTACHER DIRECTOR 2.00 X 0 0 0 S DAVID BELSKY DIRECTOR 2.00 X 0 0 0 SUNEETH KEERTHY DIRECTOR 2.00 X 0 0 0 FERTIG AVI EXECUTIVE DIRECTOR 40.00 X 152000 0 0 152000 0 0 1 0 1 0 STRATEGIC INVESTIGATIONS AND SECURITY LL 154-41 12TH AVE WHITESTONE NY 11357 SECURITY 219975 1 35000 35000 ASSESSMENT REVENUE 900099 900000 900000 PROGRAM SERVICE INCOME 900099 442343 442343 DIAMOND DISTRICT MONTH 541800 28700 28700 1371043 723 723 1406766 1342343 28700 723 X 152000 98800 53200 14005 9104 4901 12400 12400 24883 24000 883 927550 923179 4371 49248 34104 15144 7574 6749 825 1314 1314 30390 19753 10637 PROGRAM EXPENSES OTHER 47051 47051 SEASONAL DECORATIONS 28554 28554 DESIGN FEES 10200 10200 1305169 1201494 103675 0 292731 129336 200074 476229 31390 38161 21501 22615 117122 112664 3197 4458 330 330 549223 671129 26102 46411 26102 46411 X 523121 624718 523121 624718 549223 671129 101597 0 X X 0 1 X 1 0 X 35000 35000 70000 900000 900000 900000 900000 900000 4500000 900000 900000 900000 935000 935000 4570000 4570000 775 946 230 211 723 2885 38600 40095 12000 0 28700 119395 4692280 2090122 0.97390 0.95580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24883 24883 1381883 1406766 215677 53919 0 0 203288 211415 200571 215677 830951 1246427 963 24250 34524 24883 84620 50822 52854 50143 53919 207738 311607 0 0 0 0 FORM 990. SCHEDULE C: THE ORGANIZATION IS A MEMBER OF ANOTHER NONPROFIT THAT PERFORMS LOBBYING. AMOUNTS DISCLOSED AS LOBBYING COSTS ON PAGE 2 INCLUDE A PORTION OF INDIRECT MEMBERSHIP LOBBYING COSTS PERFORMED BY THOSE ORGANIZATIONS. 109972 107782 2190 7150 4882 2268 4458 1406766 0 1406766 0 1406766 1305169 0 1305169 0 1305169 X X X 0 0 0 0 0 0 0 0 0 FERTIG AVI EXECUTIVE DIRECTOR 152000 0 0 0 0 0 0 0 0 0 152000 0 0 0 ERIC ADAMS BOARD MEMBER. 56002 THE ORGANIZATION PAYS THE CITY OF NEW YORK POLICE DEPARTMENT FOR SECURITY SERVICES. THE INTERESTED PERSON IS A BOARD MEMBER OF THE ORGANIZATION AND A REPRESENTATIVE FOR THE CITY OF NEW YORK. 0 FORM 990, PART VI, SECTION A, LINE 6 PROPERTY OWNERS, COMMERCIAL TENANTS, AND RESIDENTS ARE ELIGIBLE FOR FREE MEMBERSHIP BY FILLING OUT A REGISTRATION CARD OR FORM. FORM 990, PART VI, SECTION A, LINE 7A REGISTERED MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ORGANIZATION'S ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 HAS BEEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEW FINANCIAL AND AUDIT MATTERS PRIOR TO FILING. THE FINAL FORM 990 (FILED WITH THE IRS) WILL BE AVAILABLE AT THE NEXT MEETING OF THE BOARD FOR INSPECTION. IN ADDITION, UPON REQUEST OF ANY BOARDMEMBER, A COPY WILL BE PROVIDED. IF THERE ARE ANY MATERIAL CHANGES, AN AMENDED FORM 990 WILL BE FILED. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATIONS ARE DISCUSSED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, FORM 1023, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OUTSIDE CONTRACTORS - SANITATION AND STREETSCAPE: PROGRAM SERVICE EXPENSES 82,703. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82,703. OUTSIDE CONTRACTORS - SECURITY: PROGRAM SERVICE EXPENSES 837,873. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 837,873. OUTSIDE CONTRACTORS - PROMOTION: PROGRAM SERVICE EXPENSES 2,603. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,603. OUTSIDE CONTRACTORS - OTHER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,371. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,371. FORM 990. PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.