Civic Intelligence

Manhattan and Bronx Surface Transit Operating Authority

990 • Fiscal year 2014 • EIN 13-1961750

Jan 01, 2014 to Dec 31, 2014 • Filed on May 08, 2015

Organization ProfileMTA.info
2 Broadway Room D15125New York, NY 10004

(646) 252-6593

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

1.39x

Higher debt load relative to assets than 99% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Source year 2014

Liabilities / Revenue

84th percentile

2.25x

Higher debt load relative to revenue than 84% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Source year 2014

Net Margin

1st percentile

-41%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Source year 2014

Top Officer Pay

2nd percentile

$238,408

Higher top officer pay than 2% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1B+ nonprofits • Source year 2014

Asset Growth

89th percentile

20%

Faster asset growth than 89% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2013 to 2014

Revenue Growth

24th percentile

0.8%

Faster revenue growth than 24% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$1,868,677,082

Up $308,216,939 (+20%) from 2013

Net Assets

Down

-$737,525,047

Down $84,179,886 (-13%) from 2013

Liabilities

Up

$2,606,202,129

Up $392,396,825 (+18%) from 2013

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin1st percentile

Revenue

Up

$1,160,373,522

Up $9,070,291 (+0.8%) from 2013

Expenses

Up

$1,637,663,350

Up $107,576,009 (+7.0%) from 2013

Net Income

Down

-$477,289,828

Down $98,505,718 (-26%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$5.0B$0-$5.0BAssets 2010: $616,255,124Liabilities 2010: $1,281,004,730Net Assets 2010: -$664,749,6062010Assets 2011: $654,964,282Liabilities 2011: $1,633,793,992Net Assets 2011: -$978,829,7102011Assets 2012: $1,297,872,866Liabilities 2012: $1,755,120,380Net Assets 2012: -$457,247,5142012Assets 2013: $1,560,460,143Liabilities 2013: $2,213,805,304Net Assets 2013: -$653,345,1612013Assets 2014: $1,868,677,082Liabilities 2014: $2,606,202,129Net Assets 2014: -$737,525,0472014Assets 2015: $1,997,116,530Liabilities 2015: $2,906,738,544Net Assets 2015: -$909,622,0142015Assets 2016: $1,660,755,130Liabilities 2016: $3,285,036,586Net Assets 2016: -$1,624,281,4562016Assets 2017: $1,227,407,887Liabilities 2017: $4,799,263,128Net Assets 2017: -$3,571,855,2412017Assets 2018: $1,564,443,447Liabilities 2018: $4,183,269,250Net Assets 2018: -$2,618,825,8032018Assets 2019: $1,458,815,791Liabilities 2019: $2,132,292,095Net Assets 2019: -$673,476,3042019Assets 2020: $737,379,301Liabilities 2020: $2,113,545,968Net Assets 2020: -$1,376,166,6672020Assets 2021: $878,462,453Liabilities 2021: $2,230,818,712Net Assets 2021: -$1,352,356,2592021Assets 2022: $964,166,944Liabilities 2022: $1,728,443,683Net Assets 2022: -$764,276,7392022Assets 2023: $1,402,807,193Liabilities 2023: $2,679,205,575Net Assets 2023: -$1,276,398,3822023Assets 2024: $1,399,766,819Liabilities 2024: $2,494,584,433Net Assets 2024: -$1,094,817,6142024

Highlighted filing

2014

Assets$1,868,677,082
Liabilities$2,606,202,129
Net Assets-$737,525,047
Open 2014 Filing

Operations Trend

Revenue Growth24th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0B$1.0B$0-$1.0B-$2.0BExpenses 2010: $1,323,503,5342010Expenses 2011: $1,451,767,0162011Expenses 2012: $1,367,951,1102012Revenue 2013: $1,151,303,231Expenses 2013: $1,530,087,341Net Income 2013: -$378,784,1102013Revenue 2014: $1,160,373,522Expenses 2014: $1,637,663,350Net Income 2014: -$477,289,8282014Revenue 2015: $978,873,805Expenses 2015: $1,597,808,786Net Income 2015: -$618,934,9812015Revenue 2016: $1,039,602,932Expenses 2016: $1,732,772,830Net Income 2016: -$693,169,8982016Revenue 2017: $972,380,639Expenses 2017: $1,680,679,308Net Income 2017: -$708,298,6692017Revenue 2018: $954,963,940Expenses 2018: $1,551,184,238Net Income 2018: -$596,220,2982018Revenue 2019: $964,112,109Expenses 2019: $1,545,378,301Net Income 2019: -$581,266,1922019Revenue 2020: $558,511,422Expenses 2020: $1,464,961,478Net Income 2020: -$906,450,0562020Revenue 2021: $479,993,180Expenses 2021: $1,583,553,493Net Income 2021: -$1,103,560,3132021Revenue 2022: $830,723,073Expenses 2022: $1,594,979,334Net Income 2022: -$764,256,2612022Revenue 2023: $736,953,371Expenses 2023: $1,819,870,926Net Income 2023: -$1,082,917,5552023Revenue 2024: $736,105,241Expenses 2024: $1,730,569,938Net Income 2024: -$994,464,6972024

Highlighted filing

2014

Revenue$1,160,373,522
Expenses$1,637,663,350
Net Income-$477,289,828
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 8, 2015
Return Version
2014v5.0
Gross Receipts
$1,160,373,522
Mission and Program Overview

Mission

Provide Public Bus Transportation in the New York City boroughs of Manhattan and the Bronx

Provide Public Bus Transportation in the New York City boroughs of Manhattan and the Bronx.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$733,523,373$1,126,633,315▲ $393,109,942
Land, Buildings, and Equipment, Net$850,899,135$691,983,866▼ $158,915,269
Accounts Receivable$397,389,048$529,729,253▲ $132,340,205
Savings and Temporary Cash Investments-$249,252,793-
Prepaid Expenses and Deferred Charges-$33,781,987-
Inventories for Sale or Use-$6,414,932-
Cash and Non-Interest-Bearing Accounts$33,950$34,450▲ $500
Rtn Earn Endowment Incm Other Fnds$-1,386,868,534$-1,864,158,362▼ $477,289,828
Total Assets$1,560,460,143$1,868,677,082▲ $308,216,939
Other Assets Total$312,138,010$357,479,801▲ $45,341,791
Liabilities
Other Liabilities$1,964,750,819$2,332,007,918▲ $367,257,099
Accounts Payable and Accrued Expenses$249,054,485$274,194,211▲ $25,139,726
Total Liabilities$2,213,805,304$2,606,202,129▲ $392,396,825
Net Assets / Fund Balance
Total Net Assets Fund Balance$-653,345,161$-737,525,047▼ $84,179,886
Total Liabilities and Net Assets / Fund Balance$1,560,460,143$1,868,677,082▲ $308,216,939

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$691,983,866$691,985,079$1,383,968,945
Other Assets Org$357,479,801--
Compensation and Service Providers
Top Officer Pay2nd percentile

Employees

NameTitleBaseTotal
Darryl IrickSr. Vice President$238,408$238,408
Stephen PiochochiVice President$196,754$196,754
John KivlehanVice President$195,346$195,346
Johnny PickardOperating Supervisor$191,500$191,500
William CroninChief Budget Performance Officer$189,989$189,989

Board Members and Trustees

NameTitle
Thomas PrendergastChairman and CEO
Fernando FerrerVice Chairman
Allen CappelliBoard Member
Andrew AlbertBoard Member
Andrew SaulBoard Member
Charles MoerdlerBoard Member
Ed WattBoard Member
Ira GreenbergBoard Member
Iris WeinshallBoard Member
James Sedore JrBoard Member
Jeffrey KayBoard Member
John BanksBoard Member
John MolloyBoard Member
Jonathan BallanBoard Member
Mitchell PallyBoard Member
Neal ZuckermanBoard Member
Norman BrownBoard Member
Polly TrottenbergBoard Member
Robert BickfordBoard Member
Susan MetzgerBoard Member
Vincent Tessitore JrBoard Member
Carl V WortendykeBorad Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Philip DipippoLegal Services161 FRNKLIN AVE, Garden City, NY 11530$6,000,000
Goldstein Bashner PCLegal Services1778 HEMPSTEAD TPKE, East Meadow, NY 11554$3,100,000
Myers Singer Galiardo LLPLegal299 BROADWAY, New York, NY 10007$2,000,000
Brody O'connor O'connor EsqsLegal7 BAYVIEW AVE, Northport, NY 11768$1,400,000
The Edelsteins Fagenburg Brown LLegal5602 BROADWAY, Broadway, NY 10006$1,300,000
Revenue and Support

Revenue Composition

Contributions and Grants
$747,371,505
Program Service Revenue
$399,434,266
Investment Income
$0
Other Revenue
$13,567,751
All Other Contributions
$648,762,285
Change in Net Assets
$-477,289,828
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,452,432,580
Other Expenses$185,230,770
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$494,065,036$169,667,969-$663,733,005
Pension Plan Contributions$474,820,395$92,553,430-$567,373,825
Other Employee Benefits$82,052,633$89,628,685-$171,681,318
Office Expenses$57,750,071$7,806,160-$65,556,231
Depreciation Depletion$56,288,598$-12,377-$56,276,221
Payroll Taxes$36,266,217$13,378,215-$49,644,432
Occupancy$1,477,667$3,010,747-$4,488,414
Conferences and Meetings$82,911$423,659-$506,570
Fees for Services Legal-$469,412-$469,412
Other Expenses$93$43,013-$43,106
Total Functional Expenses$1,204,678,139$432,985,211$0$1,637,663,350
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$1,637,831,523
LT liability from injuries to persons$357,479,801
LT Retirement benefits$336,696,594
Deferred compensation Pension escrow Funds-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The return is reviewed by the Senior Director of Accounting and the Controller of the Manhattan and Bronx Surface Transit Operating Authority before filing.”

Form 990, Part VI, Section B, Line 12C

“Each director, trustee and officer is required to comply with the written ethics policy of the Manhattan and Bronx Surface Transit Operating Authority which required them to disclose any conflict of interest. They are also required to attend ethics training on a periodic basis to ensure that they understand and comply with the policy. Compliance with the policy is monitored on a continuous basis by the Division of Special Investigations of the Manhattan and Bronx Surface Transit Operating Authority.”

Form 990, Part VI, Section C, Line 15A B

“The salaries of the directors and other management officials are based on an independent appraisal by the human resources department of the Manhattan and Bronx Surface Transit Operating Authority using the Hay Job Evaluation System. Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Manhattan and Bronx Surface Transit Operating Authority
EIN
13-1961750
Phone
6462526593
Address
2 Broadway Room D15125, New York, NY 10004

Signing Officer

Name
William Vazoulas Controller
Title
Controller
Signed
2015-05-08
Discuss with paid preparer
No

Organization Details

Principal Officer
Carmen Bianco
Formed
1983
Legal Domicile
Ny
Voting Board Members
22
Independent Board Members
16
Employees
8,657
Raw XML AppendixShowing 400 of 577 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0249054485
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0274194211
IRS990/AccountsReceivableGrp/BOYAmt0397389048
IRS990/AccountsReceivableGrp/EOYAmt0529729253
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide Public Bus Transportation in the New York City boroughs of Manhattan and the Bronx.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0648762285
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Michael Mantell
IRS990/BooksInCareOfDetail/PhoneNum06462526593
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02 Broadway
IRS990/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010004
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt033950
IRS990/CashNonInterestBearingGrp/EOYAmt034450
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt010
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0423659
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt082911
IRS990/ConferencesMeetingsGrp/TotalAmt0506570
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt06000000
IRS990/ContractorCompensationGrp/CompensationAmt13100000
IRS990/ContractorCompensationGrp/CompensationAmt22000000
IRS990/ContractorCompensationGrp/CompensationAmt31400000
IRS990/ContractorCompensationGrp/CompensationAmt41300000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0161 FRNKLIN AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11778 HEMPSTEAD TPKE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2299 BROADWAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt37 BAYVIEW AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt45602 BROADWAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0GARDEN CITY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1EAST MEADOW
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3NORTHPORT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4BROADWAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd011530
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd111554
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd210007
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd311768
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd410006
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0PHILIP DIPIPPO
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1GOLDSTEIN BASHNER PC
IRS990/ContractorCompensationGrp/ContractorName/PersonNm2MYERS SINGER GALIARDO LLP
IRS990/ContractorCompensationGrp/ContractorName/PersonNm3BRODY O'CONNOR O'CONNOR ESQS
IRS990/ContractorCompensationGrp/ContractorName/PersonNm4THE EDELSTEINS FAGENBURG BROWN L
IRS990/ContractorCompensationGrp/ServicesDesc0LEGAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1LEGAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2LEGAL
IRS990/ContractorCompensationGrp/ServicesDesc3LEGAL
IRS990/ContractorCompensationGrp/ServicesDesc4LEGAL
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0747371505
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0185230770
IRS990/CYOtherRevenueAmt013567751
IRS990/CYProgramServiceRevenueAmt0399434266
IRS990/CYRevenuesLessExpensesAmt0-477289828
IRS990/CYSalariesCompEmpBnftPaidAmt01452432580
IRS990/CYTotalExpensesAmt01637663350
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01160373522
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0-12377
IRS990/DepreciationDepletionGrp/ProgramServicesAmt056288598
IRS990/DepreciationDepletionGrp/TotalAmt056276221
IRS990/Desc0Provide public bus service to 286,595,627 bus riders in the boroughs of Manhattan and the Bronx
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt08657
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01204678139
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0469412
IRS990/FeesForServicesLegalGrp/TotalAmt0469412
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8886TFiledInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0037.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt2035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt3035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt4035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt5035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4035.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/PersonNm0Thomas Prendergast
IRS990/Form990PartVIISectionAGrp/PersonNm1Fernando Ferrer
IRS990/Form990PartVIISectionAGrp/PersonNm2Andrew Albert
IRS990/Form990PartVIISectionAGrp/PersonNm3Jonathan Ballan
IRS990/Form990PartVIISectionAGrp/PersonNm4John Banks
IRS990/Form990PartVIISectionAGrp/PersonNm5Robert Bickford
IRS990/Form990PartVIISectionAGrp/PersonNm6Norman Brown
IRS990/Form990PartVIISectionAGrp/PersonNm7Allen Cappelli
IRS990/Form990PartVIISectionAGrp/PersonNm8Ira Greenberg
IRS990/Form990PartVIISectionAGrp/PersonNm9Jeffrey Kay
IRS990/Form990PartVIISectionAGrp/PersonNm10Susan Metzger
IRS990/Form990PartVIISectionAGrp/PersonNm11Charles Moerdler
IRS990/Form990PartVIISectionAGrp/PersonNm12John Molloy
IRS990/Form990PartVIISectionAGrp/PersonNm13Mitchell Pally
IRS990/Form990PartVIISectionAGrp/PersonNm14Andrew Saul
IRS990/Form990PartVIISectionAGrp/PersonNm15James Sedore Jr
IRS990/Form990PartVIISectionAGrp/PersonNm16Vincent Tessitore Jr
IRS990/Form990PartVIISectionAGrp/PersonNm17Polly Trottenberg
IRS990/Form990PartVIISectionAGrp/PersonNm18Ed Watt
IRS990/Form990PartVIISectionAGrp/PersonNm19Iris Weinshall
IRS990/Form990PartVIISectionAGrp/PersonNm20Carl V Wortendyke
IRS990/Form990PartVIISectionAGrp/PersonNm21Neal Zuckerman
IRS990/Form990PartVIISectionAGrp/PersonNm22Darryl Irick
IRS990/Form990PartVIISectionAGrp/PersonNm23Stephen Piochochi
IRS990/Form990PartVIISectionAGrp/PersonNm24John Kivlehan
IRS990/Form990PartVIISectionAGrp/PersonNm25Johnny Pickard
IRS990/Form990PartVIISectionAGrp/PersonNm26William Cronin
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22238408
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23196754
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24195346
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25191500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26189989
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Borad Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22Sr. Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt23Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt24Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt25Operating Supervisor
IRS990/Form990PartVIISectionAGrp/TitleTxt26Chief Budget Performance Officer
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GovernmentGrantsAmt015815123
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01160373522
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt02197
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt06414932
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0691985079
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0850899135
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0691983866
IRS990/LandBldgEquipCostOrOtherBssAmt01383968945
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide Public Bus Transportation in the New York City boroughs of Manhattan and the Bronx
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-653345161
IRS990/NetAssetsOrFundBalancesEOYAmt0-737525047
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt03010747
IRS990/OccupancyGrp/ProgramServicesAmt01477667
IRS990/OccupancyGrp/TotalAmt04488414
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07806160
IRS990/OfficeExpensesGrp/ProgramServicesAmt057750071
IRS990/OfficeExpensesGrp/TotalAmt065556231
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0312138010
IRS990/OtherAssetsTotalGrp/EOYAmt0357479801
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt089628685
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt082052633
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0171681318
IRS990/OtherExpensesGrp/Desc0Equipment Maintenace
IRS990/OtherExpensesGrp/Desc1Other expenses from expense allocation
IRS990/OtherExpensesGrp/Desc2Other office expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt042557
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt155973741
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt243013
IRS990/OtherExpensesGrp/ProgramServicesAmt0312563
IRS990/OtherExpensesGrp/ProgramServicesAmt11561955
IRS990/OtherExpensesGrp/ProgramServicesAmt293
IRS990/OtherExpensesGrp/TotalAmt0355120
IRS990/OtherExpensesGrp/TotalAmt157535696
IRS990/OtherExpensesGrp/TotalAmt243106
IRS990/OtherLiabilitiesGrp/BOYAmt01964750819
IRS990/OtherLiabilitiesGrp/EOYAmt02332007918
IRS990/OtherOrganizationDsc0Public Benefit Corp
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Advertising
IRS990/OtherRevenueMiscGrp/Desc1Other Non-Operating Revenue
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013500000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt167751
IRS990/OtherRevenueTotalAmt013567751

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,868,677,082
Liabilities
$2,606,202,129
Net assets
-$737,525,047
Revenue
$1,160,373,522
Expenses
$1,637,663,350
Net income
-$477,289,828
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,400$2,495$1,095$736$1,731$994
2023Detailed filing. Detailed filing data is available for this year.$1,403$2,679$1,276$737$1,820$1,083
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$964$1,728$764$831$1,595$764
2021Detailed filing. Detailed filing data is available for this year.$878$2,231$1,352$480$1,584$1,104
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$737$2,114$1,376$559$1,465$906
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,459$2,132$673$964$1,545$581
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,564$4,183$2,619$955$1,551$596
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,227$4,799$3,572$972$1,681$708
2016Detailed filing. Detailed filing data is available for this year.$1,661$3,285$1,624$1,040$1,733$693
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,997$2,907$910$979$1,598$619
2014Detailed filing. Detailed filing data is available for this year.$1,869$2,606$738$1,160$1,638$477
2013Detailed filing. Detailed filing data is available for this year.$1,560$2,214$653$1,151$1,530$379
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,298$1,755$457$1,368
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$655$1,634$979$1,452
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$616$1,281$665$1,324