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Prospect Park Alliance Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112843763 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Prospect Park Alliance Inc?

Prospect Park Alliance Inc, based at 95 Prospect Park West, Brooklyn, New York, is a dedicated nonprofit organization that collaborates with the City of New York and the local community to restore, develop, and manage Prospect Park. With a workforce of 195 employees, the Alliance enhances the park's natural environment and preserves its historic design. They cater to park visitors by offering various recreational activities, events, and food services. Annually, Prospect Park attracts over 10 million visits, and the Alliance serves these visitors through fee-based activities such as a year-round tennis center and carousel rides, food and beverage services, and event coordination. The Alliance also sublicenses the LeFrak Center and works in harmony with the operator to provide diverse recreational opportunities.


Official website here: www.prospectpark.org

Is Prospect Park Alliance Inc legitimate?

Prospect Park Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prospect Park Alliance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $725,950
Professional Fundraising Fees: $354,400
Other Salaries and Wages: $4,833,349

For more financial information, click here


Official website here: www.prospectpark.org

What is the mission statement of Prospect Park Alliance Inc?

The Prospect Park Alliance works in collaboration with the City of New York and the community to restore, develop, and manage Prospect Park, ensuring its enjoyment for all. They prioritize the preservation of the natural environment and historic design, while providing facilities and programs to serve the public. The Alliance offers various fee-based recreational activities, hosts public and private events, and provides food service operations to enhance visitors' experiences. They also sublease the LeFrak Center, working closely with the operator to offer a range of year-round recreational activities.


Official website here: www.prospectpark.org

Who is the CEO of Prospect Park Alliance Inc?

Morgan Monaco is the President/Ex-Officio Board Member Ending 2/2022 of Prospect Park Alliance Inc.


Official website here: www.prospectpark.org

What is the revenue of Prospect Park Alliance Inc?

Prospect Park Alliance Inc's revenue in 2022 was $20,911,979.


Official website here: www.prospectpark.org

Who are the executives of Prospect Park Alliance Inc and what are their salaries?

The average compensation at Prospect Park Alliance Inc during 2022 was $28,509. There are 195 employees and 2,845 volunteers at Prospect Park Alliance Inc.

Here are 42 key members and their salaries:

    Susan Donoghue (President/Ex-Officio Board Member Ending 2/2022) [Trustee/Director]
  • Compensation: $297,250
  • Related: $0
  • Other: $7,220

    • James Snow (Chief Operating Officer / Chief Financial Officer) [Trustee/Director]
  • Compensation: $244,352
  • Related: $0
  • Other: $5,177

    • Christian Zimmerman (Vp For Capital And Landscape Mgmt)
  • Compensation: $171,581
  • Related: $0
  • Other: $32,849

    • Susan Sharer (Vp For Development)
  • Compensation: $155,425
  • Related: $0
  • Other: $40,580

    • Adina Cole (Vp For People + Culture)
  • Compensation: $135,249
  • Related: $0
  • Other: $17,213

    • Susan Donoghue (Ex-Officio - Commissioner, Nyc Parks & Recreation Effective 02/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawn Austin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Birsh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luciana Francese Decrosta (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Nanette Thomas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allison Dunn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Eisenstadt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Gerstenzang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liza Gilbert (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Greenberger (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shahana Hanif (Ex-Officio/Nyc Council Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Winthrop Hoyt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Dr Emma Jordan-Simpson (Board Member/Mayoral Appointment) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jorge Juantorena (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Kalt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Kath (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Keany (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Kimball (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sabrina Leblanc (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Messner Leckie (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raquel Malmberg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Mandel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David M Marcinek (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lark-Marie Menchini (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Patchett (Board Member / Mayoral Appointment) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bahia Ramos (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Antonio Reynoso (Ex-Officio - Brooklyn Borough President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Rosenberg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Ryan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Page Sargisson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phillip Summers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Saundra Thomas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Winer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Iris Weinshall (Chair / Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles R Jacob Iii (Vice Chairman / Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark A And Catherine Varous (Treasurer/Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Myrie (Secretary / Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.prospectpark.org

    Where can I find the form 990 for Prospect Park Alliance Inc?

    The Prospect Park Alliance Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.prospectpark.org

    Learn more at the official website: www.prospectpark.org

    Mission Statement of Prospect Park Alliance Inc

    The Prospect Park Alliance, a dedicated partnership between the City of New York and the community, takes on the responsibility of restoring, developing, and operating Prospect Park for the enjoyment of all. Through their commitment to preserving the natural environment and historic design, they ensure the park remains a cherished and thriving space for visitors.

    By caring for the park's landscape and historic structures, the Prospect Park Alliance enhances the public's experience and creates facilities that cater to various recreational activities. With over 10 million annual visitors, the organization offers a range of fee-based recreational activities, public and private events, and food service operations. These offerings include a year-round tennis center, summer carousel rides, and food and beverage services to refresh and recharge visitors. Prospect Park Alliance also serves as the sublicensor of the LeFrak Center, collaborating closely with the operator to provide an array of year-round recreational activities for parkgoers.

    Impact

    This information is meant to be a general summary of Prospect Park Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Prospect Park Alliance Inc, in partnership with the City of New York and the community, plays a crucial role in restoring, developing, and operating Prospect Park for the enjoyment of all. By caring for the natural environment, preserving historic design, and providing facilities and programs for the public, the Alliance significantly impacts the quality of life for the millions of visitors who come to the park each year. Through recreational activities, public and private events, and food service operations, the Alliance enhances the park experience and contributes to the community's well-being.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $771,577
  • Program Service Revenue: $6,596,092
  • Gross Receipts: $21,602,917

    • Assets and Liabilities:
  • Total Assets: $40,316,245
  • Total Liabilities: $3,062,541
  • Net Assets: $37,253,704
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Visitor Services and Events

    Revenue

    $5,842,763

    Design and Construction

    Revenue

    $711,179

    Field Operations

    Revenue

    $42,150

    Education and Public Programs

    Organization Details

    Founding Year

    1987

    Principal Officer

    Morgan Monaco

    Main Address

    95 Prospect Park West, Brooklyn, NY, 112153709

    NTEE Category

    Code: N32I - Recreation

    If you are a representative of Prospect Park Alliance Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.