2024-11-12T10:54:26-06:00 2024-06-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-07-01 232726687 THE PENN CLUB OF NEW YORK INC PENN 2124036617 30 WEST 44TH STREET NEW YORK NY 10036 GERALD KNORR TREASURER 2124036617 2024-11-07 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2024-10-15 13:58:12Z GERALD KNORR 30 WEST 44TH STREET NEW YORK NY 10036 18844951 0 X WWW.PENNCLUB.ORG X 1993 NY THE PURPOSE OF THE PENN CLUB OF NEW YORK, INC. (THE "CLUB") IS TO ENCOURAGE AND STIMULATE ALUMNI INTERACTION AND CATER TO THE NEEDS OF THE ALUMNI. 13 13 110 13 2356351 390055 0 0 5468144 6167351 533907 886221 7094144 7661240 13096195 14714812 0 250000 0 0 7902585 8570338 0 0 0 3225520 3739784 11128105 12560122 1968090 2154690 22294144 25414029 8226645 8948617 14067499 16465412 X THE PENN CLUB OF NEW YORK HAS BEEN ESTABLISHED TO ENCOURAGE AND CULTIVATE FREE INTERCHANGE, SOCIAL ACTIVITY AND GOOD FELLOWSHIP AMONG ALUMNI, FACULTY, STAFF, STUDENTS AND FRIENDS OF THE UNIVERSITY OF PENNSYLVANIA AND TO ASSIST AND PROMOTE THE INTERESTS OF THE UNIVERSITY IN THE NEW YORK CITY AREA. THE CLUB IS INTENDED TO STRENGTHEN THE UNIVERSITY'S INFRASTRUCTURE FOR THE ALUMNI AFFAIRS AND FUNDRAISING ACTIVITIES, WHILE FURTHERING THE UNIVERSITY'S EDUCATIONAL MISSION. 0 0 TAX EXEMPT CLUB ACTIVITIES. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 110 1 1 1 0 0 0 0 678847 1849738 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X PING NAN CO THE CLUB 2124036617 30 WEST 44TH STREET NEW YORK NY 10036 X LAUREN DAVIDSON SACHS PRESIDENT 3.00 X X 0 0 0 E JUDD COHEN VICE-PRESIDENT 3.00 X X 0 0 0 GERALD KNORR TREASURER 3.00 X X 0 0 0 PETER MINTON SECRETARY 3.00 X X 0 0 0 ALVIN SHOEMAKER HONORARY CHAIRMAN 3.00 X 0 0 0 SARAH MIGLIORE HOUSE CHAIR 3.00 X 0 0 0 BRIAN CARGO MEMBERSHIP CHAIR 3.00 X 0 0 0 CAROLINE WAXLER PROGRAM CHAIR 3.00 X 0 0 0 KOLADE LAWAL YOUNG ALUMNI CHAIR 3.00 X 0 0 0 SUSAN MARX IMMEDIATE PAST-PRESIDENT 3.00 X 0 0 0 LE-ELLEN SPELMAN DOTY BOARD MEMBER 3.00 X 0 0 0 MARK DINGFIELD BOARD MEMBER 3.00 X 0 0 0 JAMES HUSSON BOARD MEMBER 3.00 X 0 0 0 KEVIN O'BRIEN GENERAL MANAGER 40.00 X 376200 0 31200 PING NAN COMPTROLLER 40.00 X 338400 0 43200 HEBA ELSHINALY ASSISTANT GENERAL MANAGER 40.00 X 205600 0 32500 HERB WILSON FORMER EXECUTIVE CHEF 40.00 X 185700 0 7600 JENNIFER GREGORIOU DIRECTOR OF MEMBERSHIP 40.00 X 150700 0 32000 JENNIFER PALENCIA CATERING DIRECTOR 40.00 X 123700 0 0 JOSE ACOSTA DIRECTOR OF ENGINEERING 40.00 X 175100 0 18200 1555400 0 164700 11 0 1 0 NOUVEAU ELEVATOR 47-55 37TH STREET LONG ISLAND CITY NY 11101 ELEVATOR MAINTENANCE 198123 1 MEMBERSHIP DUES 900099 5488504 5488504 INITIATION FEES 900099 678847 678847 6167351 899170 711454 187716 3075927 3088876 -12949 -12949 -12949 8702503 1041263 7661240 6003394 1657846 14714812 12170745 2356351 187716 250000 789000 5664940 461690 1095117 559591 64643 42700 492094 850065 21383 987041 12262 66060 37500 179261 OTHER DEPT. OPERATIONS 427007 GENERAL HOUSE EXPENSES 198645 FOOD & BEV OPERATIONS 186570 UNRELATED BUS. INC. TAX 174553 12560122 1099818 696190 4040417 5128133 1550733 1946823 72522 77513 530550 525534 3695830 2082933 1264893 1612897 1531066 1525441 12204145 13901498 22294144 25414029 1417389 1297938 5083970 5878208 1725286 1772471 8226645 8948617 X 14067499 16465412 14067499 16465412 22294144 25414029 2154690 243223 0 X 0 1 X 1 0 X X X 1365989 441799 924190 2329841 1641134 688707 1612897 US EQUITIES 1049594 C INTERNATIONAL EQUITIES 947476 C EMERGING MARKETS EQUITIES 1012189 C REAL ESTATE DEBT 1925694 C ABSOLUTE RETURN DEBT 3225954 C PRIVATE EQUITY DEBT 5740591 C 13901498 TAXES PAYABLE AND ACCRUED 272471 LOAN PAYABLE ST 1500000 1772471 18828171 243223 3565740 1041263 4850226 13977945 736867 736867 14714812 16430258 3565740 1041263 4607003 11823255 736867 736867 12560122 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,041,263. PART XI, LINE 4B - OTHER ADJUSTMENTS: GROSS-UP OF SERVICE CHARGE 736,867. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,041,263. PART XII, LINE 4B - OTHER ADJUSTMENTS: GROSS-UP OF WAGES 736,867. 0 THIRTY WEST FORTY FOURTH STREET FOUNDATION 30 WEST 44TH STREET NEW YORK NY 10036 825033976 501(C)(3) 250000 0 GENERAL SUPPORT 1 X 0 0 0 KEVIN O'BRIEN GENERAL MANAGER 291200 0 85000 0 0 0 13200 0 18000 0 407400 0 0 0 PING NAN COMPTROLLER 258400 0 80000 0 0 0 13200 0 30000 0 381600 0 0 0 HEBA ELSHINALY ASSISTANT GENERAL MANAGER 185600 0 20000 0 0 0 8300 0 24200 0 238100 0 0 0 HERB WILSON FORMER EXECUTIVE CHEF 171900 0 13800 0 0 0 7600 0 0 0 193300 0 0 0 JOSE ACOSTA DIRECTOR OF ENGINEERING 143300 0 31800 0 0 0 7200 0 11000 0 193300 0 0 0 JENNIFER GREGORIOU DIRECTOR OF MEMBERSHIP 126900 0 23800 0 0 0 6000 0 26000 0 182700 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE PENN CLUB OF NEW YORK, INC. WAS INCORPORATED AS A MEMBERSHIP CLUB. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS A PRIVATE SOCIAL CLUB WHOSE MEMBERS ELECT THE BOARD OF DIRECTORS EVERY EVEN-NUMBERED YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE SENT TO THE FINANCE COMMITTEE AND THEN TO THE PRESIDENT FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB REQUIRES ITS OFFICERS, DIRECTORS AND KEY EMPLOYEES TO DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT REVIEWS THE SALARIES AND COMPENSATION FOR THE TOP MANAGEMENT AND APPROVES ANY INCREASES. THE GENERAL MANAGER REVIEWS SALARIES AND COMPENSATION OF OTHER EMPLOYEES. BONUSES ARE APPROVED BY THE PRESIDENT STRICTLY BASED ON PERFORMANCE AS WELL AS SALARY SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.