Washington Square Park Conservancy Inc.

“Line 11a explanation - a copy of the form 990 prior to filing is provided to the executive director and audit committee. The form 990 is reviewed by the audit committee for approval. The document is then distributed to the board.”

“In connection with any actual or possible conflict of interest, interested persons must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committee 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 appropiate disciplinary and corrective action.”

“Documents are available on guidestar.com and the nys charities bureau website.”

“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 director is employed by the nyc parks department as the administrator for washington square park and directly reports to tricia shimamura, a voting member of wspc board. The park's department job description includes serving as the executive director for wspc. Compensation is determined and paid by nyc parks department. A stipend determined by the wspc board of directors is paid on approval by the nyc conflict of interest board.”

“The organization has two ex-officio, non-voting members who are not listed on part vii, section a. They are: carlina rivera, new york city council member district 2 and kristin shea representing susan kent, community board 2 chair.”

“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 cleanups. Volunteers assist in gathering data on park usage, volunteering for special events and leading tours of the park. For the year ended june 30, 2024 there were 645 volunteers contributing 1,332 hours.”

“Professional development: program service expenses 0. Management and general expenses 775. Fundraising expenses 1,287. Total expenses 2,062.”

“No change in process from prior year.”