Waterfront Alliance Inc.

“Form 990, Part I, Line 1 Description of Organization Mission: The mission of the Organization is to inspire and effect resilient, revitalized, and accessible coastlines for all communities. With more than 1,100 Alliance Partners, the Organization serves as the New York-New Jersey region's preeminent advocate for coastal resilience and adaptation, equitable waterfront access, a thriving maritime economy, and climate education.”

“Form 990, Part III, Line 4a: The Organization's program activities for the year ended December 31, 2022 are as follows: WEDG (Waterfront Edge Design Guidelines): -The East Side Coastal Resiliency Project in Manhattan became the 11th WEDG Verified project. -An online self-paced version of the WEDG Professionals course was launched. -The Miami, Florida City Commission passed a resolution requiring consideration of WEDG for all storm water and flood mitigation related projects. This will drive Miami's capital projects to utilize WEDG. Waterfront Education and Access: -Estuary Explorers, our waterfront lab and classroom-based toolkit for students, reached more than 1,000 students and community members in all five boroughs and New Jersey. -We released our study "Activating New York City-Owned Waterfront Sites for Access and Recreation: Activation Plans for Four Underutilized Sites in High-Need Communities." Rise to Resilience Coalition Advocacy Results: -The Rise to Resilience Coalition was responsible for a major victory when new legislation passed by New York State in June required disclosures of all known flood risks and historic flooding of residential leases. -The Rise to Resilience Coalition successfully passed Intro 1620 (local law 122), a five-borough climate adaptation planning process for New York City, which focuses on multiple climate hazards, prioritizes environmental justice communities, and proposes short-term and long-term adaptation strategies. -The Rise to Resilience Coalition secured nature-based and community-based priorities in the Water Resources Development Act of 2020, federal legislation that directs the work of the United States Army Corps of Engineers (Army Corps). Policy and Government Affairs: -In March, the organization secured a Congressional grant from Congressmember Grace Meng to develop a climate resilience plan for Flushing Meadows Corona Park, in Queens. -In partnership with Columbia Climate School capstone project team, we developed and released the "Climate Resilience Literacy Handbook."”

“Waterfront Alliance has the form 990 prepared by an outside accounting firm and has established the following process to ensure that the information reported is complete and accurate. The President, Treasurer, and Finance Committee meet with the outside accountant and review the form 990 in detail to ensure that it correctly reflects all activities and policies at Waterfront Alliance. The final version is sent to the Board of Directors prior to submission to the Internal Revenue Service.”

“The conflict of interest policy is applicable to Directors, Officers, and employees who can influence the actions of Waterfront Alliance. If an employee believes that they have a conflict, they should disclose it to the CEO, who shall bring the matter to the attention of the board. If a Director believes they have a conflict, they should disclose it to the Board Chair, who shall bring it to the Board's attention. The Board shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to Waterfront Alliance. The decision of the Board on these matters will rest in their sole discretion, and their concern must be the welfare of Waterfront Alliance and the advancement of its purpose.”

“The decision on salary of the CEO was taken by the full board on recommendation by the Executive Committee. Prior to discussion with the Executive Committee, the Treasurer and the Chairs of the Board and the Governance Committee reviewed comparable salary information researched by the Treasurer; performance reviews of the CEO compiled by the Governance Chair; the fiscal condition of the Organization; and prior salary history.”

“The Organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code by posting it on GuideStar.org and its own website. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 256 W 36 Street, Floor 11, New York, NY 10018 or by calling the Organization directly at (212)935-9831.”

“The Organization estabished an Audit Committee in April 2015 that among other things, assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”