Washington Square Park Conservancy Inc.

“Organization's process to review irs form 990: once the draft of the irs 990 has been approved by the audit committee and the executive committee, the document is distributed to the board for approval before 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 executive director is employed by the nyc parks and recreation department as the administrator for washington square park. The park's department job description includes serving as the executive director for wspc. All compensation is determined and paid by nyc parks and recreation department. There are no officers or key employees that receive compensation from wspc.”

“Irs form 990 and the by-laws are available on the organization's website. Other documents are available either on guidestar.com or the nys charities website or may be obtained upon request.”

“Governing documents, conflict of interest policy and financial statements are made available to the public upon request; information as to how this can be obtained is posted on the organization's website.”

“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.”

“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.”

“Volunteers contribute 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. Volunteers assist in gathering data on park usage, volunteering for special events and leading tours of the park.”

“No changes in its oversight process or selection process during the tax year.”