2026-04-27T14:51:32-05:00 2025-06-30 133597814 SKODY SCOT & CO CPAS PC 520 EIGHTH AVE SUITE 2200 NEW YORK NY 10018 990 2024-07-01 133275810 GRAND CENTRAL PARTNERSHIP INC GRAN 2128832420 122 EAST 42ND STREET 601 NEW YORK NY 10168 ALFRED C CERULLO III PRESIDENT & C.E.O. 2128832420 2026-04-27 1 1 WILLIAM SKODY P00631754 2129671100 2026-04-27 2024 2025-03-06 01:10:19Z ALFRED C CERULLO III 122 EAST 42ND STREET 601 NEW YORK NY 10168 14380109 0 X WWW.GRANDCENTRALPARTNERSHIP.ORG X 1985 NY PROMOTE THE VITALITY AND ECONOMIC GROWTH OF A BUSINESS IMPROVEMENT DISTRICT LOCATED IN NYC. 38 32 145 32 0 0 100500 195959 13139767 13203410 633094 651190 261655 43018 14135016 14093577 0 35000 0 0 8361037 8983468 0 0 0 4706908 4390066 13067945 13408534 1067071 685043 18266440 19329769 6526806 6905092 11739634 12424677 X THE GRAND CENTRAL PARTNERSHIP PROVIDES SUPPLEMENTAL PUBLIC SAFETY, SANITATION, STREETSCAPE IMPROVEMENT, VISITOR INFORMATION AND BUSINESS SUPPORT SERVICES, INCLUDING MARKETING AND SPECIAL EVENTS TO BENEFIT PROPERTY OWNERS, BUSINESSES AND RESIDENTS IN A 70 SQUARE BLOCK AREA OF MIDTOWN MANHATTAN. 0 0 4428398 SANITATION - MAINTAINING CLEAN STREETS/CURBS, LITTER AND GRAFFITI REMOVAL. 1524743 494038 DISTRICT-WIDE MAINTENANCE - IMPROVING AND MAINTAINING THE OVERALL APPEARANCE OF THE DISTRICT BY INSTALLING STREETSCAPE AMENITIES SUCH AS PUBLIC FURNITURE AND STREET LIGHTING, AND THE COST OF FINANCING THOSE IMPROVEMENTS. 3310066 PUBLIC SAFETY - PROVIDING INCREASED PUBLIC SECURITY THROUGH A COMBINATION OF UNIFORMED OFFICERS AND A WORKING RELATIONSHIP WITH THE NEW YORK CITY POLICE DEPARTMENT AND OTHER PUBLIC AND PRIVATE LAW ENFORCEMENT. 334752 TOURIST GREETERS - PROVIDING INFORMATION, BROCHURES AND MAPS, AND TOURS TOVISITORS, WORKERS, RESIDENTS AND OTHERS, AT MULTIPLE LOCATIONS IN THE DISTRICT. 688573 HORTICULTURE ENHANCES THE DISTRICT THROUGH PLANTINGS AND DECORATIONS. 189909 35000 SOCIAL SERVICES - CONTRACTING WITH A HOMELESS OUTREACH ORGANIZATION TO PROVIDE AT-RISK INDIVIDUALS WITH CRISIS INTERVENTION SERVICES SUCH AS EMERGENCY MEDICAL AND MENTAL HEALTH ASSISTANCE, FOOD, CLOTHING, AND TEMPORARY AND LONG-TERM HOUSING. 1040873 EXTERNAL AFFAIRS - PROMOTING THE DISTRICT THROUGH CORPORATE COMMUNICATIONS, SOCIAL MEDIA AND PUBLIC RELATIONS CAMPAIGNS; RETAIL AND COMMERCIAL BUSINESS SUPPORT; MARKETING; SPONSORSHIP OPPORTUNITIES AND SPECIAL EVENTS; AND THE COMPILATION OF DEMOGRAPHIC AND OTHER KEY DATA ABOUT THE MIDTOWN EAST NEIGHBORHOOD. 2254107 35000 11517314 1 1 0 1 0 0 0 0 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 99 0 1 145 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 38 32 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X THE ORGANIZATION 2128832420 122 EAST 42ND STREET 601 NEW YORK NY 10168 PETER S KALIKOW CHAIR 0.50 0.50 X X 0 0 0 MICHELLE ADAMS VICE CHAIR 0.50 0.50 X X 0 0 0 JAMES WHELAN SECRETARY 0.50 0.50 X X 0 0 0 JOHN L MASCIALINO TREASURER 0.50 0.50 X X 0 0 0 ADAM F ABRAMSON DIRECTOR 0.50 0.50 X 0 0 0 ALAN WIENER DIRECTOR 0.50 0.50 X 0 0 0 ANDREW D LEVIN DIRECTOR 0.50 0.50 X 0 0 0 ANDREW S WEISZ DIRECTOR 0.50 0.50 X 0 0 0 BRAD LANDER DIRECTOR 0.50 0.50 X 0 0 0 BRAD SHERBURNE DIRECTOR 0.50 0.50 X 0 0 0 BRADLEY KATZ DIRECTOR 0.50 0.50 X 0 0 0 DAVID BRAUSE DIRECTOR 0.50 0.50 X 0 0 0 DIMITRIS NAKOS DIRECTOR 0.50 0.50 X 0 0 0 DONALD SVOBODA DIRECTOR 0.50 0.50 X 0 0 0 DOUGLAS DURST DIRECTOR 0.50 0.50 X 0 0 0 DUNCAN MCCUAIG DIRECTOR 0.50 0.50 X 0 0 0 ERIC ADAMS DIRECTOR 0.50 0.50 X 0 0 0 FRANCES DELGORIO DIRECTOR 0.50 0.50 X 0 0 0 FRED POSNIAK DIRECTOR 0.50 0.50 X 0 0 0 GABRIEL DAGAN DIRECTOR 0.50 0.50 X 0 0 0 GABRIEL ROSEN DIRECTOR 0.50 0.50 X 0 0 0 GLEN J WEISS DIRECTOR 0.50 0.50 X 0 0 0 HOWARD P MILSTEIN DIRECTOR 0.50 0.50 X 0 0 0 JANNO LIEBER DIRECTOR 0.50 0.50 X 0 0 0 KEITH POWERS DIRECTOR 0.50 0.50 X 0 0 0 KOLODNY JONATHAN DIRECTOR 0.50 0.50 X 0 0 0 KYLE ATHAYDE DIRECTOR 0.50 0.50 X 0 0 0 MARK LEVINE DIRECTOR 0.50 0.50 X 0 0 0 MICHAEL J REGAN DIRECTOR 0.50 0.50 X 0 0 0 MCCKURE KENNETH DIRECTOR 0.50 0.50 X 0 0 0 NICHOLAS MARTIN DIRECTOR 0.50 0.50 X 0 0 0 PATRICK LEYDEN DIRECTOR 0.50 0.50 X 0 0 0 PETER S DUNCAN DIRECTOR 0.50 0.50 X 0 0 0 ROBERT BILLINGSLEY DIRECTOR 0.50 0.50 X 0 0 0 SCOTT RECHLER DIRECTOR 0.50 0.50 X 0 0 0 STEVEN DURELS DIRECTOR 0.50 0.50 X 0 0 0 SUSAN MENDIK DIRECTOR 0.50 0.50 X 0 0 0 WILLIAM G COHEN DIRECTOR 0.50 0.50 X 0 0 0 ALFRED C CERULLO III PRESIDENT & C.E.O. 45.00 5.00 X 790858 0 26834 ROCHELLE PATRICOF VP FOR ADMIN & OPERATIONS 45.00 5.00 X 257366 0 57952 ROBERT ADINOLFI C.F.O. & ASSISTANT TREASURER 45.00 5.00 X 234077 0 61124 MARC WURZEL GENERAL COUNSEL & ASSISTANT 45.00 5.00 X 292089 0 23812 LINDSAY E EASON DIR. OF FIELD OPERATIONS 45.00 5.00 X 165375 0 3308 KENT GRZECZKA DIRECTOR OF CAPITAL MAINTENANCE 45.00 5.00 X 124343 0 43014 ALBERTA ANCRUM DEPUTY DIR. OF FIELD OPERATIONS 45.00 5.00 X 129712 0 19317 RYAN PUKOS DIRECTOR OF DATA & PUBLIC AFFAIRS 45.00 5.00 X 123880 0 39236 2117700 0 274597 8 0 1 0 ARTHUR J GALLAGHER RISK MGT SERV INC PO BOX 5102 NEW YORK NY 10087 CONTRACTOR 790783 CITY 1 MAINTENANCE INC 98 4TH STREET SUITE 313 BROOKLYN NY 11231 MAINTENANCE 689859 DCAS REAL ESTATE SERVICE 1 CENTRE STREET ROOM 20TH FLR NO NEW YORK NY 10007 CONTRACTOR 502796 STREETPLUS COMPANY LLC 254 36TH STREET SUITE C312 BROOKLYN NY 11232 MAINTENANCE 136744 E-J ELECTRIC INSTALLATION CO 46-41 VERNON BLVD LONG ISLAND CITY NY 11101 CONTRACTOR 116740 5 194459 1500 195959 ASSESSMENT REVENUE 900099 12709372 12709372 OTHER FEES & CONTRACTS 900099 494038 494038 13203410 651190 651190 300000 72523 227477 227477 227477 29550 194459 214009 -184459 -184459 14093577 13203410 0 694208 X 35000 35000 1694803 1472862 221941 5588383 4838976 749407 38275 34676 3599 465624 421846 43778 1196383 1083899 112484 4218 4218 35250 35250 13399 13399 1787450 1753857 33593 79088 62921 16167 36532 29965 6567 963980 436885 527095 282891 258893 23998 658247 599067 59180 SUPPLIES EXP. 346597 336773 9824 MEETINGS & SPONSORSHIPS 76376 58755 17621 MAINTENANCE EXP. 58950 55539 3411 DUES & MEMBERSHIPS 47088 37400 9688 13408534 11517314 1891220 0 274000 619139 1178624 2174932 149244 161933 242770 353186 41273842 40247448 1375933 1026394 9430076 9296676 5615793 5697509 18266440 19329769 597066 813722 86295 85563 5843445 6005807 6526806 6905092 X 11597887 12330711 141747 93966 11739634 12424677 18266440 19329769 685043 0 X X 0 1 X 1 0 X 35482 77040 58875 100500 195959 467856 12709372 12709372 12709372 12709372 12709372 63546860 12744854 12786412 12768247 12809872 12905331 64014716 64014716 541209 672384 288387 894749 878667 3275396 67290112 2386707 0.95130 0.95850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13399 13399 13395135 13408534 820427 205107 0 0 785543 787158 803397 820427 3196525 4794788 11423 13159 16984 13399 54965 196386 196790 200849 205107 799132 1198698 0 0 0 0 PAGE 2 - LINES 1B AND 2C WHILE GCP IS NOT ENGAGED IN DIRECT LOBBYING ACTIVITIES, IT DOES PAY MEMBERSHIP DUES TO ORGANIZATIONS THAT WE UNDERSTAND ENGAGE IN LOBBYING ACTIVITIES. 40914692 39914694 999998 146257 146257 0 212893 186497 26396 1026394 CERTIFICATES OF DEPOSIT 9296676 F 9296676 SECURITY DEPOSITS 116780 RIGHT-OF-USE ASSET - OPERATING LEASES 5580729 5697509 LEASE LIABILITY - OPERATING LEASES 6005807 6005807 14093577 0 14093577 0 14093577 13408534 0 13408534 0 13408534 GRAND GOURMET 224009 194459 29550 100000 22733 91276 224009 194459 29550 100000 22733 91276 214009 -184459 1 GRAND CENTRAL NEIGHBORHOOD SOCIAL SERVICES CORP 120 EAST 32ND STREET NEW YORK NY 10016 133534255 501(C)(3) 35000 0 TO SUPPORT THE ORGANIZATION'S MISSION. 1 PART I, LINE 2: GRANTS ARE AWARDED BASED ON SPECIFIC CRITERIA AND ARE APPROVED BY THE BOARD COMMITTEE THAT OVERSEES ALL RECIPIENTS OF GRANTS. X X X X 0 0 0 0 0 0 0 1 0 ALFRED C CERULLO III PRESIDENT & C.E.O. 703006 0 75000 0 12852 0 6900 0 19934 0 817692 0 0 0 ROCHELLE PATRICOF VP FOR ADMIN & OPERATIONS 257366 0 0 0 0 0 5072 0 52880 0 315318 0 0 0 ROBERT ADINOLFI C.F.O. & ASSISTANT TREASURER 234077 0 0 0 0 0 4961 0 56163 0 295201 0 0 0 MARC WURZEL GENERAL COUNSEL & ASSISTANT 292089 0 0 0 0 0 3245 0 20567 0 315901 0 0 0 LINDSAY E EASON DIR. OF FIELD OPERATIONS 165375 0 0 0 0 0 3308 0 0 0 168683 0 0 0 KENT GRZECZKA DIRECTOR OF CAPITAL MAINTENANCE 124343 0 0 0 0 0 2646 0 40368 0 167357 0 0 0 RYAN PUKOS DIRECTOR OF DATA & PUBLIC AFFAIRS 123880 0 0 0 0 0 2646 0 36590 0 163116 0 0 0 PART I, LINE 7 DURING THE REPORTED PERIOD, PERFORMANCE BONUSES WERE PROVIDED TO CERTAIN EMPLOYEES, AS INCLUDED IN PART II, COLUMN (B)(II) OF SCHEDULE J. ERIC ADAMS BOARD DIRECTOR - IS THE MAYOR OF THE CITY OF NEW YORK 590123 ECO DEV SPACE - THE ORGANIZATION LEASES ECONOMIC DEVELOPMENT SPACE FROM THE CITY OF NEW YORK. 0 HOWARD MILSTEIN BOARD DIRECTOR 5531 OUTSIDE SPACE-THE ORGANIZATION LEASES EXTERIOR SPACE FOR SUPPLEMENTAL PUBLIC LIGHTING, AND PAYS ONLY FOR RELATED ELECTRICAL COST, ON A COMMERCIAL OFFICE BUILDING RELATED TO A BOARD MEMBER. 0 STEVEN DURELS BOARD DIRECTOR 6114 OUTSIDE SPACE-THE ORGANIZATION LEASES EXTERIOR SPACE FOR SUPPLEMENTAL PUBLIC LIGHTING, AND PAYS ONLY FOR RELATED ELECTRICAL COST, ON A COMMERCIAL OFFICE BUILDING RELATED TO A BOARD MEMBER. 0 JAMES WHELAN BOARD DIRECTOR 1250 THE ORGANIZATION ATTENDED AN EVENT AND PAYS DUES TO AN ENTITY WHICH THE BOARD MEMBER SERVES AS THE PRESIDENT. 0 ROBERT BILLINGSLEY BOARD DIRECTOR 421936 ROBERT L BILLINGSLEY, A BOARD MEMBER, IS ALSO A VICE PRESIDENT OF CUSHMAN & WAKEFIELD, A REAL ESTATE MANAGEMENT FIRM. CUSHMAN & WAKEFIELD IS THE MANAGING AGENT OF 122 EAST 42ND STREET AND COLLECTS RENT FROM THE ORGANIZATION FOR LEASING THE SPACE FOR OUR EXECUTIVE OFFICES. 0 FRED POSNIAK BOARD DIRECTOR 4777 OUTSIDE SPACE-THE ORGANIZATION LEASES EXTERIOR SPACE FOR SUPPLEMENTAL PUBLIC LIGHTING, AND PAYS ONLY FOR RELATED ELECTRICAL COST, ON A COMMERCIAL OFFICE BUILDING RELATED TO A BOARD MEMBER. 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP TO THE ORGANIZATION OCCURS WITH ELECTION TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF DIRECTORS AT EVERY OTHER ANNUAL MEETING. MEMBERS MAY FILL VACANCIES OR REMOVE A BOARD MEMBER AT ANY ANNUAL OR REGULAR MEMBERSHIP MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE 990 HAS BEEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEW FINANCIAL AND AUDIT MATTERS PRIOR TO FILING. THE FINAL 990 (FILED WITH THE IRS) WILL BE AVAILABLE AT THE NEXT MEETING OF THE BOARD FOR INSPECTION. IN ADDITION, UPON REQUEST OF ANY BOARDMEMBER, A COPY WILL BE PROVIDED. IF THERE ARE ANY MATERIAL CHANGES, AN AMENDED 990 WILL BE FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSED INFORMATION. FORM 990, PART VI, SECTION B, LINE 15 THIS REVIEW INCLUDES RESEARCHING GUIDESTAR, 990S, NY NON-PROFIT NETWORK ANNUAL SALARY SURVEY, PHONE CALLS TO OTHER ORGANIZATIONS TO COLLECT DATA AND ULTIMATELY APPROVAL BY THE BOARD'S COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE, OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OUTSIDE CONTRACTORS - SANITATION: PROGRAM SERVICE EXPENSES 150,375. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 150,375. OUTSIDE CONTRACTORS - EXTERNAL AFFAIRS: PROGRAM SERVICE EXPENSES 378,146. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 378,146. OUTSIDE CONTRACTORS - DISTRICT-WIDE MAINTENANCE: PROGRAM SERVICE EXPENSES 596,303. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 596,303. OUTSIDE CONTRACTORS - HORTICULTURE: PROGRAM SERVICE EXPENSES 323,117. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 323,117. OUTSIDE CONTRACTORS - SOCIAL SERVICES: PROGRAM SERVICE EXPENSES 474. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 474. OUTSIDE CONTRACTORS - PUBLIC SAFETY: PROGRAM SERVICE EXPENSES 277,505. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 277,505. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 27,937. MANAGEMENT AND GENERAL EXPENSES 33,593. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,530. FORM 990. PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. SCHEDULE L THE ORGANIZATION LEASES SPACE OWNED BY THE CITY OF NY UNDER THE PERSHING SQUARE VIADUCT WHICH WAS DEVELOPED FOR THE OPERATION OF A RESTAURANT. THE ORGANIZATION PAYS RENT, ADDITIONAL RENT, AND MAKES A PAYMENT IN LIEU OF TAXES (PILOT) TO THE CITY UNDER THE LEASE. REPRESENTATIVES OF THE CITY OF NEW YORK SERVE AS DIRECTORS OF THIS ORGANIZATION. SCHEDULE R GCP-GCDMA RELATIONSHIP PURSUANT TO A MANAGEMENT AGREEMENT DATED JULY 1991 BETWEEN GRAND CENTRAL DISTRICT MANAGEMENT ASSOCIATION (GCDMA) AND GRAND CENTRAL PARTNERSHIP (GCP), GCDMA RETAINS GCP TO ADMINISTER THE REQUIRED SUPPLEMENTAL SERVICES, AND TURNS OVER ALL ASSESSMENT REVENUES TO GCP TO FINANCE THE DELIVERY OF SUCH SERVICES IN THE GRAND CENTRAL BUSINESS IMPROVEMENT DISTRICT. GRAND CENTRAL DISTRICT MANAGEMENT ASSOCIATION INC 122 EAST 42ND STREET NO 601 NEW YORK NY 10168 133520221 PROMOTE THE VITALITY AND ECONOMIC GROWTH OF THE BUS. IMPROVEMENT DISTRICT. NY 501(C)(3) 170(B)(1) (A)(VI) GRAND CENTRAL PARTNERSHIP INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 GRAND CENTRAL DISTRICT MANAGEMENT ASSOCIATION S 12709372