Washington Square Park Conservancy Inc.

“The executive committee and executive director conferred with development professionals in the nyc area to determine an appropriate salary level for a community development director with experience on par with that required for this position.”

“The executive committee met regularly to manage the affairs of wspc, inc.”

“A copy of the tax return is presented to the audit committee for review and the committee will finalize and discuss with the board prior to approving its filing.”

“In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. Once facts are presented, the interested party is removed from discussion and the rest of the board determines if a conflict exists. If it is determined that the member/interested party has failed to disclose an actual or possible conflict of interest, the board will take appropriate disciplinary and corrective action.”

“The 990 and bylaws are available on wspc's website, on guidestar and upon request. All other governing documents including the conflict of interest policy are available upon request.”

“The bylaws are available on the website as is the most recent irs form 990.”

“S. Neilson is a full-time employee of the nyc parks department where she serves as the administrator of the park. Her job responsibilities as administrator include serving as the executive director of wspc.”

“Wspc received a 200,000 grant from the manton foundation payable over two years. Wspc received 100,000 in fiscal year ending june 30, 2015 and 100,000 in the subsequent tax year. As of june 30, 2015, wspc has expended 47,348 in grant funds and 152,652 remains as temporarily restricted funds, which includes 100,000 as contributions receivable.”

“Volunteers contributed approximately 145 hours of their time and effort to maintain and enhance washington square park by performing a host of tasks such as planting, raking, weeding, and general clean-ups. In addition, volunteers assisted in gathering data on park usage, volunteering for the special event of savory salute and the village alliance street fair.”