Overview
What is Governors Island Corporation?
The Governors Island Corporation, operating as The Trust for Governors Island, is a New York City-based nonprofit organization dedicated to the planning, redevelopment, and ongoing operations of 150 acres of Governors Island. With a mission to transform the island into an engaging year-round destination, the Trust provides ferry, security, and maintenance services, as well as operating educational and commercial facilities. The Trust has accomplished significant development since FY 2012, including creating 30 acres of new park space and opening the Hills in 2014 and 2016. Ongoing capital investments have focused on infrastructure improvements and historic building stabilization projects. The Trust's future plans include the creation of a Center for Climate Research, a public-private partnership.
Official website here: www.govisland.org
Is Governors Island Corporation legitimate?
Governors Island Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Governors Island Corporation 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: $970,677
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,162,944
For more financial information, click here
Official website here: www.govisland.org
What is the mission statement of Governors Island Corporation?
The Governors Island Corporation, operating as The Trust for Governors Island, is a New York City-designated nonprofit organization responsible for the planning, redevelopment, and ongoing operations of a 150-acre island. Its mission is to transform Governors Island into a year-round destination for New York City, offering extraordinary public open space, a diverse range of cultural and recreational activities, and permanent educational, not-for-profit, and commercial facilities. The Trust aims to make the island a vibrant resource for the city, attracting visitors with its unique attractions and contributing to the community's overall cultural and economic growth.
Official website here: www.govisland.org
Who is the CEO of Governors Island Corporation?
Clare Newman is the Board Member of Governors Island Corporation. The CEO's salary of Governors Island Corporation is $229,768 and their total compensation is $294,528.
Official website here: www.govisland.org
What is the revenue of Governors Island Corporation?
Governors Island Corporation's revenue in 2022 was $44,688,095.
Official website here: www.govisland.org
Who are the executives of Governors Island Corporation and what are their salaries?
The average compensation at Governors Island Corporation during 2022 was $64,983. There are 79 employees and 15 volunteers at Governors Island Corporation.
Here are 24 key members and their salaries (Governors Island Corporation's CEO's salary is $229,768 and their total compensation is $294,528):
- Clare Newman (President/Ceo)
- Christopher Tepper (Chief Development Officer)
- Marni E Friedlander (General Counsel/Secretary (Outgoing))
- Jenny Staley (Vp Operations)
- Willa Padgett (Cfo)
- Sarah Krautheim (Vp, Public Affairs)
- Alexander Brady (Director, Real Estate)
- Andre Bell (Senior Director Faciities)
- William Johnson (Senior Director)
- Alice Blank (Board Member) [Trustee/Director]
- Alicia Glen (Chair) [Trustee/Director]
- Benjamin Lawsky (Board Member) [Trustee/Director]
- Carl Weisbrod (Board Member) [Trustee/Director]
- Carolee Fink (Board Member) [Trustee/Director]
- Daniel Neidich (Board Member) [Trustee/Director]
- Daniel Squadron (Board Member) [Trustee/Director]
- Gaurav Kapadia (Board Member) [Trustee/Director]
- Grace Lee (Board Member) [Trustee/Director]
- Karen Hopkins (Board Member) [Trustee/Director]
- Matthew Washington (Board Member) [Trustee/Director]
- Michael Oppenheimer (Board Member) [Trustee/Director]
- Patrick Kennell (Board Member) [Trustee/Director]
- Susan Mercandetti (Board Member) [Trustee/Director]
- Tokumbo Shobowale (Board Member) [Trustee/Director]
Official website here: www.govisland.org
Where can I find the form 990 for Governors Island Corporation?
The Governors Island Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.govisland.org
Learn more at the official website: www.govisland.org
Mission Statement of Governors Island Corporation
The Governors Island Corporation, headquartered as a not-for-profit entity, is on a mission to transform Governors Island into an engaging year-round resource for New York City. This vibrant transformation aims to make the island a must-visit destination, complete with extraordinary public open spaces, a diverse range of cultural and recreational activities, and permanent educational, not-for-profit, and commercial facilities.
Capitalizing on the city's potential, the Trust for Governors Island, as the Governors Island Corporation is also known, is dedicated to planning, redeveloping, and operating the 150-acre island. By doing so, it intends to provide New Yorkers and visitors with unique experiences and opportunities that enrich their lives and promote community engagement. The Trust's commitment to the city extends beyond temporary initiatives, as it plans to establish permanent structures that cater to various interests and needs.
In essence, the Governors Island Corporation envisions the island as a dynamic platform for exploration and innovation, where residents and tourists alike can connect with the city in new and meaningful ways. With a focus on public spaces, cultural activities, and educational opportunities, the Trust is working to create an island experience that stands out as a distinctive feature of New York City.
Impact
This information is meant to be a general summary of Governors Island Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Governors Island Corporation, through its entity The Trust for Governors Island, has a significant impact on the community and environment surrounding Governors Island. The organization is devoted to the planning, redevelopment, and ongoing operations of 150 acres of Governors Island in New York City. Its mission is to transform the island into a vibrant year-round resource for the city, offering extraordinary public open spaces, diverse cultural and recreational activities, as well as educational and commercial facilities.
The Trust is responsible for providing ferry services, security, and maintenance for the island, its visitors, and tenants. It has created new park spaces, such as the Hills, and continues to invest in the infrastructure of the island, including ferry systems, seawalls, utility systems, and historic building projects. Additionally, the Trust is working on a significant project to establish a Center for Climate Research on the island in collaboration with academic and research partners.
Overall, Governors Island Corporation's impact can be seen in the revitalization and transformation of Governors Island into a dynamic destination offering a wide range of programs and facilities for the community and visitors to enjoy.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERMITS AND OTHER FEES
Revenue
$3,869,892
LEASES
Revenue
$1,985,715
RENTAL INCOME
Revenue
$1,013,628
Organization Details
Founding Year
2010
Phone
(212) 440-2200
Principal Officer
Clare Newman
Main Address
10 SOUTH STREET SLIP 7, NEW YORK, NY, 10004
Website
www.govisland.org
NTEE Category
Code: D30 - Animals
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