2024-04-29T16:47:06-05:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2023-01-01 131624013 GENERAL SOCIETY OF MECHANICS AND TRADESMEN OF THE CITY OF NEW YORK GENE 2128401840 20 WEST 44TH STREET 2ND FLOOR NEW YORK NY 10036 JAMES HOLOHAN PRESIDENT 2128401840 2024-04-29 1 JAMES HOLOHAN 999009999 1 EVA MRUK P00543254 2122862600 2024-04-29 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z JAMES HOLOHAN 20 WEST 44TH STREET 2ND FLOOR NEW YORK NY 10036 7497561 0 X WWW.GENERALSOCIETY.ORG X 1785 NY TUITION-FREE SCHOOL FOR CONSTRUCTION TRADE. 13 13 24 20 0 0 151622 56489 40685 68157 677968 961584 1560516 1296097 2430791 2382327 0 0 0 0 779218 885861 0 0 0 554372 761785 1333590 1647646 1097201 734681 30490608 33133450 519859 442147 29970749 32691303 X THE SOCIETY'S PRINCIPAL PURPOSE IS TO OPERATE A TUITION-FREE SCHOOL AND LIBRARY IN ORDER TO PROVIDE INFORMATION AND INSTRUCTION TO THE NEW YORK BUILDING AND CONSTRUCTION TRADES. THE SOCIETY DISSEMINATES LITERARY AND SCIENTIFIC KNOWLEDGE THROUGH LECTURES AND OTHER MEANS OFINTELLECTUAL IMPROVEMENT AND MAINTAINS A CULTURAL AND EDUCATIONAL RESOURCE CENTER FOR THOSE IN MANUAL, TECHNICAL, CRAFT AND CREATIVE OCCUPATIONS.THE SOCIETY ALSO PROVIDES OPERATING SPACE FOR SIMILAR NONPROFIT ORGANIZATIONS WHOSE GOALS ARE TO PRESERVE AND PROMOTE THE ARTS, CULTURE, AND HISTORY OF TRADESMEN. IN ADDITION, THE SOCIETY PRESERVES AND MAINTAINS ITS LANDMARKED BUILDING, WHICH IS LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES AND PROVIDES THE VENUE FOR ITS EDUCATIONAL AND CULTURAL PROGRAMS AND ACTIVITIES. 0 0 463981 0 25839 MECHANICS INSTITUTE -A TUITION FREE TECHNICAL EVENING SCHOOL OFFERING 2 SEMESTERS, 4 PROGRAMS AND 32 COURSES, WITH AN AVERAGE OF 170 STUDENTS PER SEMESTER. 435973 0 0 HISTORIC PRESERVATION -THE GENERAL SOCIETY MAINTAINS ITS 1890 LANDMARK BUILDING LOCATED AT 20 WEST 44TH STREET, NYC. THE BUILDING IS LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES AND THE FACADE OF THE BUILDING IS A NEW YORK CITY LANDMARK. IN 2022 THE GENERAL SOCIETY UNDERTOOK A MAJOR RESTORATION OF THE SOCIETY'S HISTORIC CENTURY OLD SKYLIGHT.THE PROJECT ALSO ENCOMPASSES THE REPLACEMENT OF THE SURROUNDING ROOF. THE ANTICIPATED PROJECT COMPLETION DATE IS 2024. 345672 0 42318 THE GENERAL SOCIETY LABOR, LITERATURE, LANDMARK AND ARTISAN LECTURE SERIES -TWENTY-ONE LECTURES WERE HELD DURING 2023 WITH PUBLIC PROGRAMS ON A RANGE OF TOPICS RELATED TO THE ART OF CRAFTSMANSHIP, ARCHITECTURE, HISTORIC PRESERVATION, LITERATURE, LABOR AND URBAN HISTORY. THIS CONTINUES A TRADITION OF PUBLIC LECTURES THAT STARTED AT THE SOCIETY IN 1837.THE GENERAL SOCIETY LIBRARY AND THE JOHN M MOSSMAN LOCK COLLECTION -THE GENERAL SOCIETY LIBRARY IS A REFERENCE AND SUBSCRIPTION CIRCULATING LIBRARY WITH APPROXIMATELY 300 MEMBERS. THE LIBRARY HAS APPROXIMATELY 110,000 BOOKS AND IS OPEN TO STUDENTS, MEMBERS, RESEARCHERS AND THE PUBLIC. THE MOSSMAN LOCK COLLECTION, WHICH IS OPEN TO THE PUBLIC, COMPRISES OVER 400 LOCKS, KEYS, TOOLS, AND OTHER ARTIFACTS, DATING FROM 4000 B.C. TO THE EARLY 20TH CENTURY. 1245626 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 1 0 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 1 9 0 24 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 1 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X VICTORIA A DENGEL 2128401840 20 WEST 44TH STREET 2ND FLOOR NEW YORK NY 10036 JAMES HOLOHAN PRESIDENT 4.00 X X 0 0 0 RELLA FOGLIANO VICE-PRESIDENT 4.00 X X 0 0 0 TERRANCE HOLLIDAY SECRETARY 2.00 X X 0 0 0 GERALD CAPORICCI TREASURER 5.00 X X 0 0 0 GERARD A DENGEL GOVERNOR 2.00 X 0 0 0 GERARD DROHAN JR GOVERNOR 2.00 X 0 0 0 ELLEN FISCH GOVERNOR 2.00 X 0 0 0 FRANK GIBBONS GOVERNOR 2.00 X 0 0 0 BRAD ROBERTSON GOVERNOR 2.00 X 0 0 0 KERRI SPENNICCHIA GOVERNOR 2.00 X 0 0 0 THOMAS N STEIN GOVERNOR 2.00 X 0 0 0 GOTTFRIED WEISSGERBER GOVERNOR 2.00 X 0 0 0 JEAN WIART GOVERNOR 2.00 X 0 0 0 VICTORIA A DENGEL EXECUTIVE DIRECTOR 40.00 X 390000 0 29404 KARIN TAYLOR PROGRAM DIRECTOR 40.00 X 138000 0 12857 528000 0 42261 2 0 1 0 NOVA CONSTRUCTION SERVICES LLC 75 KENT STREET BROOKLYN NY 11222 SKYLIGHT & ROOF RESTORATION 1194544 1 24805 31684 56489 LECTURES REVENUE 611710 42318 42318 EDUCATION REVENUE 611600 25839 25839 68157 797836 797836 1571414 276545 1294869 1294869 1294869 5002437 4838689 163748 163748 163748 CASH REWARDS 900099 1228 1228 1228 2382327 68157 0 2257681 419404 385852 33552 374525 311242 63283 5044 3397 1647 33895 23767 10128 52993 43092 9901 3958 1646 2312 66616 63285 3331 111323 105757 5566 3110 2955 155 42606 38762 3844 4530 4370 160 159632 66423 93209 2553 2425 128 11618 174 11444 99121 46662 52459 59435 26510 32925 REPAIRS AND MAINTENANCE 133544 55568 77976 LIBRARY & MUSEUM 25474 25474 GRADUATION & SUPPLIES 20265 20265 LECTURE SERIES 18000 18000 1647646 1245626 402020 0 706242 355441 1557733 2132881 500000 256302 61602 6352 35376 32301 7263720 1385485 4792641 5878235 22716205 24366704 120809 105234 30490608 33133450 366224 303043 32826 33870 120809 105234 519859 442147 X 27614643 30424916 2356106 2266387 29970749 32691303 30490608 33133450 734681 1985873 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 2503199 257790 44477 2716512 2874977 -322991 48787 2503199 2710165 210845 46033 2874977 2533586 220311 43732 2710165 3702102 301593 1470109 2533586 0.35908 0.27510 0.36582 0 0 214742 214742 5040739 1292100 3748639 37754 37560 194 1970485 55825 1914660 5878235 TENANT SECURITY DEPOSITS 105234 105234 X 4644745 1985873 276545 2262418 2382327 0 2382327 1924191 276545 276545 1647646 0 1647646 PART III, LINE 1A: THE SOCIETY VALUED INEXHAUSTIBLE COLLECTIONS INCLUDING BOOKS AND LOCKS WITH A TOTAL OF NON DETERMINABLE FAIR VALUES AT NOMINAL VALUES OF $4 AND A CEMETERY PLOT AT A NOMINAL VALUE OF $2. PART III, LINE 4: THE GENERAL SOCIETY LIBRARY MAKES ITS EXTENSIVE COLLECTIONS AVAILABLE TO THE PUBLIC AND OTHER INSTITUTIONS. THE BOOK AND PERIODICAL COLLECTIONS OF THE LIBRARY SPAN TWO CENTURIES AND ARE SUITED TO BOTH SCHOLARLY RESEARCH AND RECREATIONAL READING. ITS ARCHIVES DATE BACK TO 1785. THE UNIQUE JOHN M. MOSSMAN LOCK COLLECTION, HAS MORE THAN 400 LOCKS, KEYS, AND TOOLS, DATING FROM 4000 B.C. TO THE EARLY 20TH-CENTURY. ADMISSION TO THE GENERAL SOCIETY'S MOSSMAN LOCK MUSEUM, WHICH HOUSES THE COLLECTION, IS OPEN TO THE PUBLIC. PART V, LINE 4: INCOME FROM THE ENDOWMENT FUND ASSETS IS USED TO SUPPORT THE PROGRAMS OF THE ORGANIZATION, INCLUDING THE SCHOOL, MUSEUM, AND LIBRARY, AND ALSO FOR GENERAL OPERATIONS. PART X, LINE 2: THE SOCIETY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SOCIETY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SOCIETY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO DECEMBER 31, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII 276,545. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII 276,545. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS INTERNET WEBSITE. X X 0 0 0 0 0 0 0 1 0 VICTORIA A DENGEL EXECUTIVE DIRECTOR 350000 0 40000 0 0 0 10500 0 18904 0 419404 0 0 0 KARIN TAYLOR PROGRAM DIRECTOR 123000 0 15000 0 0 0 3690 0 9167 0 150857 0 0 0 PART I, LINE 7 IN 2023, THE ORGANIZATION PAID MERIT-BASED BONUSES. THE BONUSES WERE APPROVED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 EXECUTIVE DIRECTOR VICTORIA A DENGEL HAS A FAMILY RELATIONSHIP WITH GOVERNOR GERARD A. DENGEL. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION MADE THE FOLLOWING SIGNIFICANT CHANGES TO ITS BY LAWS: 1) THE TERM OF EACH OFFICER SHALL BE ONE YEAR OR UNTIL THEIR SUCCESSORS ARE ELECTED AND QUALIFIED. NO OFFICER SHALL SERVE MORE THAN FOUR CONSECUTIVE TERMS IN THE SAME OFFICE WITH THE EXCEPTION OF THE TREASURER. THIS AMENDMENT PERMITS THE TREASURER TO BE ELIGIBLE TO SERVE BEYOND A FOUR YEAR TERM. 2) EACH GOVERNOR SHALL HOLD OFFICE FOR THREE CONSECUTIVE YEARS, AND AT THE DISCRETION OF THE INDIVIDUAL GOVERNOR AND NOMINATING COMMITTEE BE ELIGIBLE TO CONTINUE AFTER THAT PERIOD, UNLESS HE IS REMOVED OR RESIGNS PRIOR TO THAT TIME. EACH GOVERNOR'S TERM SHALL BEGIN IMMEDIATELY AFTER HE HAS BEEN ELECTED AND INSTALLED FOR THE STATED TERM AND END AT THE ANNUAL MEETING OF THE SOCIETY. THIS AMENDMENT PERMITS A BOARD MEMBER TO BE ELIGIBLE TO SERVE BEYOND THE CURRENT THREE CONSECUTIVE, THREE YEAR TERM LIMIT. 3) COMMITTEE MEETINGS WILL BE HELD AT THE CALL OF THE CHAIRMAN. THIS AMENDMENT PERMITS THE CHAIRMAN TO CALL MEETINGS AS NEEDED AS OPPOSED TO BEING REQUIRED TO HAVE TEN MEETINGS ANNUALLY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS GENERAL SOCIETY MEMBERS WHICH HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. THE ORGANIZATION ALSO HAS STUDENT MEMBERS OF ITS MECHANICS INSTITUTE, AND GENERAL SOCIETY LIBRARY MEMBERS, NEITHER OF WHICH HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. FORM 990, PART VI, SECTION A, LINE 7A THE GENERAL SOCIETY MEMBERS HAVE THE RIGHT TO ELECT THE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN GOVERNANCE DECISIONS ARE RESERVED TO THE GENERAL SOCIETY MEMBERS. THESE INCLUDE 1) THE SALE, MORTGAGE OR TRANSFER OF THE SOCIETY'S OFFICES, 2) REMOVAL OF OFFICERS, 3) REMOVAL OF MEMBERS, AND 4) AMENDMENTS AND SUSPENSION OF THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY MANAGEMENT AND THE BOARD OF GOVERNORS FOR APPROVAL. ANY REQUIRED CHANGES ARE MADE, AND A FINAL VERSION IS DISTRIBUTED TO THE BOARD OF GOVERNORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, GOVERNOR AND EMPLOYEE IS REQUIRED TO FULLY DISCLOSE ANY INTEREST HE OR SHE AND/OR HIS OR HER FAMILY HAS IN ANY ENTITY THAT DOES BUSINESS WITH THE SOCIETY. AN OFFICER, GOVERNOR OR EMPLOYEE WHO DOES HAVE SUCH AN INTEREST, EITHER DIRECTLY OR THROUGH FAMILY, MAY NOT PARTICIPATE IN ANY DECISION TO APPROVE DOING BUSINESS WITH SAID INDIVIDUAL OR ANY ENTITY IN WHICH SAID INDIVIDUAL HAS AN INTEREST. EACH OFFICER, GOVERNOR, AND EMPLOYEE IS REQUIRED TO SIGN AN ANNUAL DISCLOSURE STATEMENT ANNUALLY AND DISCLOSE ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD OF GOVERNORS AND DOCUMENTED IN THE MINUTES.THE BOARD USES FORM 990'S OF SIMILAR ORGANIZATIONS TO DISCUSS AND COMPARE COMPENSATION. THE PROCESS WAS LAST CONDUCTED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE AS IT IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FORM 990 AS WELL AS THE FINANCIAL STATEMENTS, CONFLICTS OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.