Nonprofit · EIN 13-4093706
FLUSHING MEADOWS CORONA PARK IMPROVEMENT FUND INC
Tax-exempt · NEW YORK, NY 10021
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $418,177 | $574,383 | -$156,206 | $8,551,619 | $7,750 | $8,543,869 |
| June 30, 2024 | 990 | $451,361 | $142,750 | $308,611 | $8,707,825 | $7,750 | $8,700,075 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $418,177
- Net gain from sales of assets
- $378,674
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $566,633
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $7,500
- Program services (functional)
- $566,633
- Management and general (functional)
- $7,750
Balance sheet and other
- Total assets, start of year
- $8,707,825
- Total assets, end of year
- $8,551,619
- Total liabilities, end of year
- $7,750
- Net assets, end of year
- $8,543,869
- Net assets without donor restrictions
- $543,869
- Net assets with donor restrictions
- $8,000,000
- Gross receipts
- $55,882,356
- Employees
- 0
- Year formed
- 1998
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alessandro Olivieri | Secretary Trustee or director | 3 | $0 |
| Allan Swisher | Vice ChairPresident Trustee or director | 3 | $0 |
| Lynne K Fleischman | Member Trustee or director | 0 | $0 |
| Christopher Holmes | Member Trustee or director | 0 | $0 |
| Phil Ballman | Member Trustee or director | 0 | $0 |
| Laura Shepard | Member Trustee or director | 0 | $0 |
| Irak Cehonski | Member Trustee or director | 0 | $0 |
| Rupali Paranandi | Member Trustee or director | 0 | $0 |
| Justina Rivera | Alternate Director Trustee or director | 3 | $0 |
| Donovan Richards | Chairperson Trustee or director, Officer | 3 | $0 |
| Susan M Donoguhe | President Trustee or director, Officer | 3 | $0 |
| Brad Lander | Comptroller NYC Trustee or director, Officer | 3 | $0 |
| Jacqueline Thompson | Treasurer Officer | 3 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Justina K Rivera | Alternate Director Trustee or director | 3 | $0 |
| Alessandro Olivieri | Alternate Director Trustee or director | 3 | $0 |
| Allan Swisher | Alternate Director Trustee or director | 3 | $0 |
| Donovan Richards | President Queens Borough Trustee or director, Officer | 3 | $0 |
| Susan M Donoguhe | Commissioner NYC Parks Trustee or director, Officer | 3 | $0 |
| Brad Lander | Comptroller NYC Trustee or director, Officer | 3 | $0 |
| Jacqueline Thompson | Treasurer Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- CO NYC DEPT OF PARKS 830 5TH AVE, NEW YORK, NY 10021-0000
- In care of
- % ALLAN SWISHER
- Signed the 990
- ALLAN SWISHER, Vice ChairPresident
- Phone
- (212) 669-8947
- Return prepared by
- Padilla and Company LLP
Mission
The fund was established for the exclusive charitable and public purpose of benefiting, improving and enhancing Flushing Meadows Corona Park (the Park) in Queens, New York and for the improvement and development of the Park.
Program accomplishments
- SUMMER STAGE CONCERT - The Organization sponsored and funded a free summer cultural concert series held at Flushing Meadows Corona Park, providing accessible arts and cultural programming to the surrounding community. The program featured live performances, including music and entertainment, and was designed to promote community engagement, cultural enrichment, and public use of the Park. The concerts were open to the general public at no cost, serving residents of Queens and visitors from across New York City. The program supports the Organizations mission to enhance the Park as a vibrant public space.Expenses $290,000
- Restroom trailers and repairs in the Park - The Organization funded the installation, maintenance, and operation of restroom trailers and supported repairs and improvements to park infrastructure within Flushing Meadows Corona Park. These efforts enhanced sanitation, accessibility, and the overall visitor experience, particularly during high-traffic events and peak usage periods. The program contributes to the safety, cleanliness, and usability of the Park for the public, consistent with the Organizations charitable purpose of improving and maintaining public park facilities.Expenses $246,633
- HALLOWEEN EVENT - The Organization sponsored an annual Halloween event in Flushing Meadows Corona Park to provide free, family-friendly recreational programming for the community. The event included activities such as entertainment, seasonal programming, and community engagement initiatives designed to encourage public participation and promote use of the Park. The program primarily served local residents and families and supports the Organizations mission of enhancing the Park as a welcoming and inclusive community resource.Expenses $30,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-4093706
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N320)
- Assets (IRS master file)
- $8,551,619
- Income (IRS master file)
- $55,882,356
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $418,177 | $574,383 | $8,551,619 | XML |
| 990 | June 2024 | $451,361 | $142,750 | $8,707,825 | XML |
| 990 | June 2023 | $306,457 | $7,750 | $8,400,035 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-4093706).
Questions about FLUSHING MEADOWS CORONA PARK IMPROVEMENT FUND INC
- What is the EIN of FLUSHING MEADOWS CORONA PARK IMPROVEMENT FUND INC?
- The employer identification number (EIN) of FLUSHING MEADOWS CORONA PARK IMPROVEMENT FUND INC is 13-4093706.
- Is FLUSHING MEADOWS CORONA PARK IMPROVEMENT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to FLUSHING MEADOWS CORONA PARK IMPROVEMENT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FLUSHING MEADOWS CORONA PARK IMPROVEMENT FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FLUSHING MEADOWS CORONA PARK IMPROVEMENT FUND INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FLUSHING MEADOWS CORONA PARK IMPROVEMENT FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of FLUSHING MEADOWS CORONA PARK IMPROVEMENT FUND INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does FLUSHING MEADOWS CORONA PARK IMPROVEMENT FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $418,177, expenses of $574,383 and total assets of $8,551,619 at year end.
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